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Power utilities to raise tariffs 1.9% next year

... ased operating costs and higher fuel prices. CLP's new tariff would be HK$1.154 per unit of electricity after offering special rebates, while that charged by HK Electric will be HK$1.125, also with sp ...More

EJ Insight2017-12-13

China gas shortage a blessing in disguise for pipeline operators

... owered heating to gas. As local government officials are keen to impress the top leaders, it turns out that nearly 5 million households in the region have actually completed the conversion projects. T ...More

EJ Insight2017-12-12

China's internet giants do their bit for poverty alleviation

During the Chinese Communist Party's 19th National Congress in October, President Xi Jinping stressed that the government will take targeted measures for poverty alleviation. The Chinese leader didn't ...More

EJ Insight2017-12-11

How Ping An became HSBC's second-largest shareholder

... t. Interestingly, HSBC used to be the largest shareholder of Ping An before the latter's Hong Kong IPO in 2004. It once held up to 19.99 percent of the Chinese insurance firm. Now, things are turning ...More

EJ Insight2017-12-08

Why US tax reform could hurt tech stocks

... , representing 70 percent of their cash pile. Most of the foreign profits come from US tech titans. Apple holds US$230 billion in profits offshore, Microsoft has US$113 billion, CISCO holds US$62 bill ...More

EJ Insight2017-12-07

Banquets show uneasy relationships among China's tech titans

... ed the meeting. Apple CEO Tim Cook and Google CEO Sundar Pichai joined the conference for the first time. The theme of this year’s conference was developing the digital economy and facilitating open s ...More

EJ Insight2017-12-07

Ofo rolls out bike-sharing service in Hong Kong

... ly in Sha Tin, Tai Po and Ma On Shan, is the first operator in Hong Kong. In August, GoBee.Bike secured an initial round of funding led by venture capital firm Grishin Robotics and funded by Alibaba H ...More

EJ Insight2017-12-06

How Ren Zeping's pay jumped 200 times in three years

... ain attracting lots of attention with catchy economic concepts. Ren proposed the idea of a “new cycle” at the end of last year, which refers to the temporary economic uptick after years of supply-side ...More

EJ Insight2017-12-06

Is US tax overhaul good or bad for Hong Kong?

...  now expecting four hikes in 2018. By 2019, some expect the federal funds rate to rise above 3 percent, implying a potential upside of 2 percentage points from the current level. Due to ample liquidit ...More

EJ Insight2017-12-05

Chinese automakers moving upmarket

Leading Chinese automakers like Geely and Great Wall Motors have set their sights on the mid-range market, which used to be dominated by mainland joint ventures with international car brands. China’s ...More

EJ Insight2017-12-04

Electric car makers face real test as policy incentives dry up

... l be a testing time. This article appeared in the Hong Kong Economic Journal on Nov. 30 Translation by Julie Zhu [Chinese version 中文版] – Contact us at [email protected] RT/RA ...More

EJ Insight2017-12-01

Beijing presses eviction campaign after 'urban village' fire

... onal reporting [Chinese version 中文版] – Contact us at [email protected] RT/RA ...More

EJ Insight2017-11-30

Why slower HK-bound funds approval won’t deter China investors

...  for investing in Hong Kong’s equity market. The China Securities Regulatory Commission (CSRC) has given the green light to Chinese mutual funds that allocate a significant amount of capital to Hong K ...More

EJ Insight2017-11-29

Abuse scandal at Beijing kindergarten shocks China

... lts in getting low-quality teachers. RYB’s New York-listed shares slumped nearly 40 percent after the scandal broke out. The company said some of the accusations leveled against its kindergartens were ...More

EJ Insight2017-11-28

Hiker, 69, dies after plunging from steep cliff on Lantau Island

A 69-year-old hiker died after falling off a steep cliff on Lantau Island, Apple Daily reports. Lau Ho-ming, who was the head of San Tin Village in Sha Tin, went hiking with 15 friends on the island o ...More

EJ Insight2017-11-27

Victoria's Secret wows glitterati at Shanghai catwalk

...  for Valentine’s Day or Christmas. However, for the same price of one set of Victoria's Secret lingerie one could buy three sets of lingerie of the same quality on internet shopping sites or fast fash ...More

EJ Insight2017-11-24

How much do you earn, a maggot or a dog?

There are two new catchphrases in Chinese: "earning a maggot a month" and "earning a dog monthly". Both apparently originated from some online postings. It’s said that a white-collar worker in Shangha ...More

EJ Insight2017-11-24

Is Watsons ripe for a spin-off?

... s worth noting how Alibaba will transform classic retail by integrating technology in order to provide a seamless online and offline experience to customers. In fact, the deal marks Alibaba’s latest a ...More

EJ Insight2017-11-22

Café de Coral suffers temporary pain amid growing competition

Café de Coral, Hong Kong's biggest fast-food restaurant group, has seen its share price tumble to a 52-week low. The company has suffered a setback in mainland China expansion, prompting several store ...More

EJ Insight2017-11-21

WSD says tap water with weird odor safe for drinking

... n coordinating with the management offices of the affected housing estates to provide technical support in draining the water from pumps and tanks as well as in cleaning the facilities. He said the WS ...More

EJ Insight2017-11-21

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