Willa Wu

1 week ago | scmp.com | Ng Kang-chung |Willa Wu

United States President Donald Trump has unleashed a trade war by imposing “reciprocal tariffs” on about 90 countries across the globe. After temporarily dropping the new tariffs to 10 per cent for 90 days on April 9 to allow trade negotiations with those countries, he hit China harder and raised the levy on Chinese imports to a whopping 145 per cent. Beijing vowed to “fight to the end” and slapped tit-for-tat tariffs on American goods in retaliation.

2 weeks ago | scmp.com | Willa Wu |Elizabeth Cheung

The number of deals involving non-local homebuyers in Hong Kong has more than tripled over the past two years, official data shows, a jump that experts have attributed in part to the government’s scrapping of property market cooling measures. But the number of transactions by local buyers increased by only 14 per cent between 2023-24 and 2024-25, with the latest level down by 34 per cent over the figure for 2020-21, when the Covid-19 pandemic started to hit the city.

1 month ago | scmp.com | Willa Wu

Hong Kong is devoted to deepening its foreign ties, the city’s leader has said, while urging economies in Asia to promote bilateralism and reject protectionism amid a fast-changing geopolitical environment. Chief Executive John Lee Ka-chiu on Tuesday also called for more collaboration between the city and mainland China’s Hainan province to promote free trade and market liberalisation.

1 month ago | scmp.com | Willa Wu

Hong Kong should step up efforts to support the country’s tech enterprises via its capital market, helping such businesses secure more funding and become “global leaders”, a Beijing official has said. Qi Bin, a deputy director at Beijing’s liaison office in Hong Kong, also said on Tuesday that fostering a strong capital market in the city to bolster the nation’s technological advances was the “obvious choice”.

1 month ago | scmp.com | Willa Wu

Hong Kong Ocean Park has allayed concerns over patches of hair loss on giant panda Le Le’s back, saying those are for a regular ultrasound check. The three bald patches were seen in footage of the 19-year-old giant panda, whose daily activities were being broadcast via live stream every day from 10am to 3pm since Wednesday. “Le Le recently underwent a routine body check.