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Money Matters

Money Machine Part 1: When Mao’s former barefoot doctor helped a US fund buy a Chinese state bank

2 Feb 2023 - 5:00PM

‘I’m my own hero’: independent women fuel China’s booming ‘she economy’

20 May 2023 - 12:41AMvideocam

Chinese stocks face potential sell-off on growth, stimulus setbacks

10 Dec 2021 - 5:08PMvideocam

Sri Lanka aims to tax road accidents in a drastic austerity budget

Nation’s roads among world’s most dangerous with around 3,000 fatalities and 25,000 seriously injured each year.

12 Nov 2021 - 9:44PMvideocam

Sri Lankan soldiers receive their booster dose against Covid-19 at a military hospital in Colombo. The nation’s economy shrank a record 3.6 per cent in 2020 because of the pandemic. Now the government has announced a tax on car accidents to help claw some money back. Photo: EPA-EFE

Allowing Chinese to invest more abroad seen as way to ease economic slowdown

Liberalising China’s markets could help generate greater returns for citizens via overseas investments, according to a former official in charge of international payments.

19 Aug 2021 - 12:30AM

Borrower hit with 72 per cent service charge on US$32,000 loan

Intermediary said a loan had been arranged but a service fee of HK$180,000 would be charged, leaving just HK$70,000 for the borrower.

27 Sep 2019 - 12:04AM

Billionaire shocks 400 college graduates with promise to pay off their student debt

Billionaire investor and philanthropist Robert Smith was giving the commencement speech at Morehouse College in Atlanta when he deviated from his prepared remarks to make a special announcement.

20 May 2019 - 9:47PM

Graduates react after hearing billionaire technology investor and philanthropist Robert F. Smith say he will provide grants to wipe out the student debt of the entire 2019 graduating class at Morehouse College in Atlanta, Sunday, May 19, 2019. (Steve Schaefer/Atlanta Journal-Constitution via AP)

Russia and China band together to ‘reduce world’s reliance on US dollars’

20 Apr 2019 - 11:31AM

Billionaires are richer than ever before, and China’s minting the most

Richest people on Earth increased their wealth by a fifth to US$8.9 trillion, says Swiss bank UBS

26 Oct 2018 - 3:17PM

The Naked Truth | Love – what’s money got to do with it? Quite a lot, actually

Couples looking for romance should be clear what they want from a relationship: a lavish lifestyle, financial security or emotional riches. Some experts offer guidance.

1 Jul 2018 - 3:25PM

Just a third of Hongkongers trust financial advisers, survey finds

23 Apr 2018 - 8:56AM

Blowing Water | If you’re Chinese, being a ‘shameless’ savvy saver is likely to be in your DNA

The desire for a nest egg comes from a deep sense of responsibility to provide for one’s family and stash cash away for a rainy day, Luisa Tam explains

27 Mar 2018 - 1:27PM

ICBC ordered by Fed to boost money-laundering safeguards

US central bank instructs Chinese lender to establish a system that properly assesses risks associated with products and customers, including ‘politically exposed persons’, at its New York branch

14 Mar 2018 - 10:41AM

How Hongkongers rely on loan clubs and pawn shops for money

A look at the fascinating underground economies in use for centuries

20 Jan 2018 - 6:00PM

Pawn shops have been popular in Hong Kong for decades for securing quick money. Photo: Dustin Shum

Money Matters | Is the baby step in Unicom’s mixed ownership worth cheering for?

25 Aug 2017 - 5:42PM

Money Matters | Confessions of a market maker in Hong Kong’s penny stocks fiasco

11 Jul 2017 - 11:04PM

Money Matters | Capitalism with Chinese characteristics is here to stay

27 Jun 2017 - 11:02PM

After China’s cash crunch, has ‘Mother PBOC’ spoiled her ‘kids’?

24 Jun 2017 - 10:26PM

Four years ago this week, the overnight borrowing rate between banks in China surged to 30 per cent. Photo: Reuters

Money Matters | How the gravy train chugs along in China’s funding drought

13 Jun 2017 - 10:53PM

Trust in an accountant speaks volumes of Beijing’s priorities

26 Jan 2018 - 4:14PM

Money Matters | The identity of TVB’s true controller lays bare for all to see

17 May 2017 - 12:11PM

Exterior of TVB City in Tseung Kwan O. Photo: SCMP

Money Matters | Xi is picking his battles, and letting old power brokers be, for now

19 Apr 2017 - 8:00AM

Money Matters | Unicom’ mixed ownership sets China’s reforms backward

12 Apr 2017 - 8:02AM

Money Matters | How a self-made Chinese tycoon becomes too big to fail

5 Apr 2017 - 8:15AM

Analysis | The magic went out of Huishan’s wizardry

29 Mar 2017 - 8:16AM

Holstein cows on a farm. Huishan Dairy is China’s largest operator of dairy farms, with as many as 200,000 dairy cattle.Photo: AFP

New | Roller coaster ride exposes weaknesses on Hong Kong’s GEM

22 Mar 2017 - 8:00AM

The share price of Dadi Education Holdings fell then they traded for the first time in Hong Kong last month, seemingly breaking the long tradition of first-day bumper gains. The stock began a three-day surge last week in which it soared fivefold, and fell 31 per cent in two days. Photo: SCMP

Money Matters | A guide to the menagerie lurking in China’s corridors of power

15 Mar 2017 - 8:00AM

Money Matters | Is Foresea the poster boy or scapegoat of Chinese insurance?

28 Feb 2017 - 11:26PM

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Money Matters

Powerful, penetrating, weekly analysis that takes readers behind the headlines of major deals and market moves in Hong Kong and mainland China and gives them a fresh perspective on what is really going on.