EJ Insight

BUSINESS

Xiaomi joins mobile payment race in India

Mar 22, 2019 2:14pm

After grabbing the No. 1 spot in the Indian smartphone market, China’s Xiaomi Corp (01810.HK) has rolled out its mobile payment service, Mi Pay, in the world’s second most populous nation. Following a December launch in...
Is ‘golden cross’ a good buy signal for HK equities?

Eric Lui - Mar 22, 2019 12:38pm

The Hang Seng Index has been on a strong rebound since the beginning of this year. The 250-day moving average has started to edge up after falling for nearly nine months. If the uptrend continues, the...
Xiaomi, Gree face off in smart home appliances battle

Ko Tin-yau - Mar 22, 2019 9:56am

There were two high-profile bets among Chinese business tycoons in recent years. One was a 100 million yuan bet between Alibaba founder Jack Ma and Wang Jianlin, head of Dalian Wanda Group. By 2020, if online...
Xi and Trump miss their chance

Jeffrey Frankel - Mar 22, 2019 9:55am

President Donald Trump has postponed until at least April the supposed deadline for concluding the United States’ current trade negotiations with China. A good outcome for both sides would be reached if China agreed to...
New York Times CEO warns publishers ahead of Apple news launch

Mar 22, 2019 9:23am

Apple is expected to launch an ambitious entertainment and paid digital news service on Monday in a challenge to streaming video leader Netflix. But it is not likely to feature the New York Times, Reuters reports. Mark...
Boeing to offer safety feature as standard in 737 MAX: report

Mar 22, 2019 9:10am

Boeing Co plans to offer as standard a safety feature that might have warned earlier of problems that possibly played a role in the crashes of Ethiopian and Indonesian planes that killed almost 350 people, Reuters...
Lee Shau-kee plans to retire, hand over reins to two sons

Mar 21, 2019 2:35pm

Property magnate Lee Shau-kee, 91, is considering stepping down from his posts as chairman and managing director of Henderson Land Development (00012.HK) for “being advanced in age”, the company said in a filing to the Hong...
China-US trade deal: what should investors expect?

Neil Dwane - Mar 21, 2019 12:31pm

The American and Chinese trade delegations have been conducting intensive talks to try to reach a deal acceptable to both sides. Progress reports have been positive as US President Donald Trump recently postponed imposing a 25...
Xiaomi needs to improve its supply chain management

SC Yeung - Mar 21, 2019 11:46am

Xiaomi Corp has been struggling to get its act together in relation to supply of its newly-launched flagship Mi 9 smartphone. Unable to get enough devices onto the market, the firm was recently forced to backtrack...
Robert Kuok’s little-known big business: edible oil

Ko Tin-yau - Mar 21, 2019 11:05am

Robert Kuok Hock Nien, an ethnic Chinese-Malaysian business magnate, controls nearly 10 listed companies including Kerry Properties (00683.HK), Kerry Logistics Network Ltd (00636.HK) and Shangri-La Asia Ltd (00069.HK). Lesser known is the fact that the tycoon...

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WORLD

Why is Carrie Lam being told to meddle in Taiwan’s elections?

Stephen Vines - Mar 22, 2019 5:01pm

How many times have you heard officials insisting that Hong Kong should not get involved in other people’s affairs and its corollary, that other people should not meddle in Hong Kong affairs? So what are we...
At least 47 dead in explosion at China pesticide plant

Mar 22, 2019 11:49am

An explosion at a pesticide plant in eastern China has killed 47 people and injured more than 600, according to reports. The blast occurred on Thursday at the Chenjiagang Industrial Park in the city of Yancheng,...
Italy’s BRI blunder

Lucrezia Poggetti - Mar 22, 2019 9:46am

Barring any sudden reversals, Italy will formally endorse China’s “Belt and Road Initiative” (BRI) during Chinese President Xi Jinping’s visit to Rome this week. Though US President Donald Trump’s administration recently signaled its disapproval of...
China urges US to block Taiwan leader’s Hawaii stopover

Mar 22, 2019 9:19am

China urged the United States not to allow Taiwan President Tsai Ing-wen to stop over in Hawaii next week when she makes a tour of the island’s diplomatic allies in the Pacific, Reuters reports. Beijing has...
EU sets April 12 Brexit date if Britain fails to back deal

Mar 22, 2019 9:04am

Britain could leave the European Union without a Brexit deal on April 12 if MPs fail next week to back Prime Minister Theresa May’s agreement with Brussels, EU leaders said on Thursday after a crisis summit...

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Hong Kong

Why is Carrie Lam being told to meddle in Taiwan’s elections?

How many times have you heard officials insisting that Hong Kong should not get involved in other people’s affairs and its corollary, that other people should not meddle in Hong Kong affairs? So what...
What I will tell US leaders during my current trip

I am currently on a visit to Washington, D.C. and New York along with my Legislative Council colleague Charles Mok Nai-kwong and former Chief Secretary Anson Chan Fang On-sang, making the trip at the...
The key source of strain in our healthcare system

The last winter flu surge has again highlighted the shortage of hospital beds and staff in our public healthcare system, with every accident and emergency department overwhelmed by the influx of patients. Some brought...
Man, 46, arrested for suspected murder of girlfriend

A 46-year-old man has been arrested on suspicion that he had killed his girlfriend and tried to hide her body in an apartment in Tseung Kwan O. On Tuesday night, police came to a...
Lee Shau-kee plans to retire, hand over reins to two sons

Property magnate Lee Shau-kee, 91, is considering stepping down from his posts as chairman and managing director of Henderson Land Development (00012.HK) for “being advanced in age”, the company said in a filing to...