1+ week, 4+ day ago (181+ words) Xpeng's CEO He Xiaopeng is among three corporate founders who have been shortlisted as finalists in the 2025 Business Awards organised by SCMP Live, in a reimagination of a series of accolades first introduced in 1990. A total of 43 nominations were received for the awards in six categories, honouring the most noteworthy business owner, corporate executive, company, small-and-medium-sized enterprise (SME), start-ups and the best globalised brand. A discretionary award honouring lifetime... The winners of the awards in six categories will be announced on December 12 in Hong Kong A total of 43 nominations were received for the awards in six categories, honouring the most noteworthy business owner, corporate executive, company, small-and-medium-sized enterprise (SME), start-ups and the best globalised brand. A discretionary award honouring lifetime achievement did not receive any nominations. "Nominations came from many companies across a wide variety of industries, reflecting how Hong…...

3+ week, 3+ day ago (169+ words) The Tuen Mun A16 station package one project is expected to require around US$772 million to develop, SHKP's Lui Ting says The package one development, with a maximum residential gross floor area of more than 600,000 sq ft, is located near the Tuen Mun River and an MTR station that is currently under construction as part of the Tuen Ma Line extension. Six tenders for the site were received by the 2pm deadline on Wednesday, according to MTR Corp. It received 31 expressions of interest for the project from September 22 to 29. SHKP was a well-established and reputable property developer, which also took part in the company's various property developments, the MTR said after the tender results were announced. The site was estimated to be worth between HK$1.8 billion and HK$2.3 billion, excluding any profit-sharing arrangements with the MTR, according to real estate consultancy CBRE....

3+ week, 4+ day ago (187+ words) CK Asset Holdings, the flagship company of Hong Kong tycoon Li Ka-shing, and Sun Hung Kai Properties (SHKP), the city's largest developer, are two of six bidders for a parcel of land in the New Territories that is estimated to provide 1,280 residential units and car park spaces. MTR Corp, one of the city's major property developers and landlords, put up the Tuen Mun A16 Station package one property development for tender. The site, measuring more than 601,100 square feet, is situated near the... The residential site measuring more than 600,000 sq ft is expected to generate some 1,280 flats and car park spaces Six tenders were received by the MTR by the 2pm deadline on Wednesday, according to a spokeswoman. It had received 31 expressions of interest for the project from September 22 to 29, she added. Both CK Asset and SHKP confirmed their participation. SHKP submitted an…...

1+ week, 6+ day ago (420+ words) Ant International, the Singapore-based spin-off of Chinese fintech giant Ant Group, is stepping up its global treasury operations through a strategic partnership with Swiss bank UBS, as both companies also seek to explore innovations in blockchain-based tokenised deposits. Under a memorandum of understanding signed at UBS" Singapore offices, Ant International will use UBS Digital Cash " a blockchain-based payments platform launched last year " for its global treasury operations to enhance... Ant International, the Singapore-based spin-off of Chinese fintech giant Ant Group, is stepping up its global treasury operations through a strategic partnership with Swiss bank UBS, as both companies also seek to explore innovations in blockchain-based tokenised deposits. Under a memorandum of understanding signed at UBS" Singapore offices, Ant International will use UBS Digital Cash " a blockchain-based payments platform launched last year " for its global treasury operations to enhance efficiency, transparency…...

1+ week, 5+ day ago (333+ words) First published in 1903, South China Morning Post is Hong Kong's premier English language newspaper and has the city's most affluent and influential readership. With a reputation for authoritative, influential and independent reporting on Hong Kong and China. The newspaper is supported with its online publication scmp.com and its Sunday edition, Sunday Morning Post. Catch up on some of SCMP's biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. US pulls missile system from Japan as Beijing-Tokyo row over Taiwan deepens A US missile system that could strike Beijing has been withdrawn from Japan, Japanese media reported on Monday, amid sharply escalating tensions triggered by the Japanese prime minister's recent remarks on Taiwan. 2. China's dominance shrinks US remote sensing share from 88% to 9% The nation's sustained funding…...

3+ week, 18+ hour ago (237+ words) 272 people have been rescued with help of app since its launch last year, and new upgraded features will be available in December A Hong Kong police mobile app that has helped in the rescue of 272 people since its launch last year will soon be upgraded to include live location sharing for groups while the number of emergency contacts will also be increased to enhance users" safety. Senior Superintendent Swalikh Mohammed of the digital policing services bureau told the Post in an exclusive interview that the force would roll out an upgrade for its "HKSOS" app in December. The app has been downloaded 150,000 times since its introduction in January 2024. "All our searches have been successful. There have been no prolonged rescues under [the use of] "HKSOS"," Mohammed said. The current version of the app allows users to alert police if they…...

6+ day, 10+ hour ago (137+ words) First published in 1903, South China Morning Post is Hong Kong's premier English language newspaper and has the city's most affluent and influential readership. With a reputation for authoritative, influential and independent reporting on Hong Kong and China. The newspaper is supported with its online publication scmp.com and its Sunday edition, Sunday Morning Post. Video | European EDM festival Tomorrowland makes China debut in Shanghai Thousands of ravers dance to the beat of EDM festival at Shanghai's Hero Dome Chinese ravers enjoy first Tomorrowland festival The renowned European electronic music festival, Tomorrowland, made its China debut in Shanghai on Saturday. Held for the first time indoors, the electronic dance music (EDM) festival drew thousands of ravers to the Hero Dome. Many say the EDM genre has become mainstream in China's music scene....

3+ week, 3+ day ago (315+ words) First published in 1903, South China Morning Post is Hong Kong's premier English language newspaper and has the city's most affluent and influential readership. With a reputation for authoritative, influential and independent reporting on Hong Kong and China. The newspaper is supported with its online publication scmp.com and its Sunday edition, Sunday Morning Post. Catch up on some of SCMP's biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Chinese student boom helps create more university spots for Americans: study China's university boom has helped boost US postgraduate education and local economies in college towns, according to a new study. 2. Chinese trade negotiator urges US to boost agricultural cooperation China's key trade negotiator, Li Chenggang, has called on the US to create "a favourable atmosphere" for…...

1+ week, 5+ day ago (217+ words) Chinachem Group has secured a 70,127 sq ft site in Tsuen Wan in the New Territories for more than HK$2.47 billion (US$318 million), beating eight other bidders, according to the Lands Department. The other bidders were Sun Hung Kai Properties, CK Asset Holdings, Henderson Land Development, Great Eagle Holdings, China Overseas Land & Investment, K. Wah International Holdings, Wheelock Properties and a consortium of Sino Land, Kerry Properties and China Merchants Land. The award gives Chinachem "... Private developer outbids eight others for the site, which is expected to yield 780 flats The other bidders were Sun Hung Kai Properties, CK Asset Holdings, Henderson Land Development, Great Eagle Holdings, China Overseas Land & Investment, K. Wah International Holdings, Wheelock Properties and a consortium of Sino Land, Kerry Properties and China Merchants Land. "The site is adjacent to the Tsuen Wan West MTR station and Tsuen Wan Park…...

2+ week, 3+ day ago (186+ words) Hong Kong's biggest developer sold all 62 units, which were priced from HK$6.6 million to HK$15.1 million Homebuyers on Thursday snapped up all units at a Sun Hung Kai Properties (SHKP) residential project in Kai Tak, with mainland Chinese investors accounting for nearly half of the transactions, agents said. SHKP offered 62 units in the first round of sales in the second phase of Cullinan Sky in Kai Tak. The batch included 56 one-bedroom units and six two-bedroom flats, ranging from 297 to 482 sq ft. The prices ranged from HK$6.6 million (US$849,500) to HK$15.1 million, or HK$21,713 to HK$33,500 per square foot, after discounts. Investors and end-users each accounted for half of the transactions, agents said, adding that it was also an equal split between buyers from the mainland and the city. "About 70 per cent of the mainland buyers were purchasing for investment and…...