Chinese investors have been taking shelter in high dividend stocks to ride out the market’s worst start to a year in more than two decades.The CSI Dividend Index of the 100 companies on the Shanghai and Shenzhen exchanges that have a good track record...
China remains an important market for multinational corporations (MNCs) this year as executives eye opportunities from a rebound in consumption, even if their prospects have been bedevilled by challenges ranging from geopolitical risks to competition with local rivals.China made up about 15 per cent of...
Hong Kong stocks advanced after Beijing hinted at more policy support to shore up the nation’s faltering economic growth. Three companies started trading for the first time, with two of them suffering steep losses.The Hang Seng Index rose 0.6 per cent to 16,313.73 at...
This article was first published by The Korea Times in a partnership with the South China Morning Post.China’s e-commerce giants are now the fastest-growing online platforms for Korean shoppers, but they are still grappling with problems of long delivery time and unstable product quality,...
Among the trends and themes to watch this year, four warrant close attention. First, it is worth keeping an eye on Australia’s housing market. Not only did prices in the capital cities bounce back 8.1 per cent last year following a nearly 5 per...
Falling home prices and fears about job prospects will deter Chinese consumers from freely spending on goods such as clothes and home appliances, weighing on the nation’s retail sales growth, according to UBS.Retail sales are expected to climb 5.5 per cent in 2024, one...
Pony Ma Huateng, founder, chairman and CEO of Tencent Holdings, has described a 2021 privacy controversy sparked by a photo issue with its all-purpose super app WeChat as a “misunderstanding”, according to a local media report.Ma described the issue as “a misunderstanding caused by cache...
Governments around the world have increased their scrutiny of cryptocurrencies in the past year following a series of meltdowns, with many strengthening consumer protection in the volatile sector.In 2023, 17 jurisdictions including Hong Kong, the European Union, South Korea, Singapore, and the United States, tightened...
The explainer, “Common Misunderstandings Regarding Personal Income Tax on Business Income and Categorised Income”, became widely circulated on Sunday after it was published on WeChat by the Shanghai tax service on Thursday. It cited a 2008 statement by the State Taxation Administration (STA).That prompted...
Wind Information, China’s leading financial data provider, suffered a technical malfunction that denied access to a large swathe of its subscribers on Monday, causing some trading snarls in Asia’s largest market.The data provider notified some users that a glitch in its main network...