Yuke Xie

4 weeks ago | scmp.com | Daniel Ren |Yuke Xie

Investors are snapping up luxury homes in Shanghai in the 30 million yuan (US$4.2 million) plus range, as they expect super expensive homes in China’s commercial and financial hub to continue to buck the overall downward trend in the real estate market, according to market observers. But the rosy performance of this segment alone was not enough to bail out the city’s embattled property sector and the wider industry, they added.

1 month ago | scmp.com | Jeffie Lam |Yuke Xie

Beijing has signalled it will turn to its anti-monopoly law to review Hong Kong-based CK Hutchison Holdings’ controversial deal to sell its strategic Panama and other ports but legal academics told the Post it could be challenging for it to prove a “real risk” to competition. Experts and observers warned that the move could also come with a significant political cost, further worsening Sino-US tensions and possibly dealing a blow to Hong Kong’s reputation as an international business hub.