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South China Morning Post Business50d05/24

Mainland brands power Hong Kong retail recovery as F&B is joined by fashion and beauty

Hong Kong is likely to attract more mainland Chinese retail brands, but unlike the previous wave, non food and beverage (F&B) retailers are the ones ramping up their presence, according to analysts. The change in profile of mainland brands coming to Hong Kong is helping the city’s landlords fill vacant spaces amid an uneven recovery in the retail property market, according to JLL. In the first four months of the year, more than one fifth of new entrants in the city’s retail market were mainland.

◇ unclassifiedchina · asia
South China Morning Post Business50d05/24

Like Serbia, the EU should be open to partnership with China

As I return to China, I do so with an abiding sense of respect for a nation that has become one of Serbia’s most indispensable partners and a defining force of our century. In Europe, discussions about China are too often clouded by suspicion and strategic anxiety. I understand that every major political community must guard its future, but I believe Europe should approach China not with fear and suspicion but with confidence and a serious, open-eyed willingness to cooperate. Serbia has chosen..

◇ unclassifiedchina · asia · europe
South China Morning Post Business50d05/24

Is Hong Kong following Beijing’s lead and ousting Western tech?

Hong Kong’s technology infrastructure is undergoing a major transformation as local government and businesses replace Western products with domestic alternatives, driven by closer integration with mainland China and rising geopolitical risks, according to tech experts. US tech giants like Microsoft have long “served as the bedrock of Hong Kong’s digital landscape”, but that dominance is now being actively contested, particularly in the government sector, according to Francis Fong Po-kiu,...

◇ unclassifiedchina · asia · usa
South China Morning Post Business50d05/24

⁠Under-construction building collapses in Philippines, trapping workers

Nineteen people are feared trapped after a building under construction near Manila collapsed early on Sunday, a local government official said. Officials in Angeles City, around 80km (50 miles) north of the Philippine capital, said they had received a report at about 3am that an unfinished nine-storey concrete building had given way. City information officer Jay Pelayo said that the building’s walls and scaffolding had buckled, likely trapping people in a pile of debris. While there were no...

◇ unclassifiedchina · asia
South China Morning Post Business50d05/24

US Pax Silica hub plan hits Philippine sovereignty wall: ‘no special arrangement’

A US plan to build an “AI-native” industrial hub in the Philippines has highlighted the political sensitivities around Washington’s push to secure critical technology supply chains, after Manila rejected proposals for the zone to be governed by US laws or covered by diplomatic protections. Philippine officials said the planned economic security zone under Washington’s Pax Silica initiative would remain covered by local laws, clarifying that there would be “no special arrangement” for the...

◇ unclassifiedchina · asia · usa
Reddit r/investing50d05/24

Vanguard Wellesley Income Fund (VWIAX)

Hello everyone, The bond market has been uncertain and performance has been poor given various geopolitical and economic factors. The Wellesley fund has been affected to some extent since large portion of its bond holdings are corporate issuers. Do you think it's still worth keeping a large position within both taxable and tax deferred portfolios? If not, what are the good alternatives? I am in retirement and need passive income. Thank you. submitted by /u/jjha66 [link] [comments]

Social◇ unclassifiedsocial-signal
Reddit r/Finanzen50d05/24⚠ war-conflict · 1/5

König der Investment Trottel gesucht - Eure schlechteste (nicht-Finanzmarkt) Investition?

Ich suche Negativbeispiele, wie man es nicht machen sollte. Womit habt ihr mal versucht Geld zu verdienen, was ein kompletter Fail war? Meins war von der Summe her überschaubar, im Nachgang aber ziemlich dumm: Als ich 2024, mal wieder viel zu spät, an der Steuererklärung dran war, ist mir kurz vor der Abgabepflicht aufgefallen, dass ich es verpasst hatte, die aktuelle Aldi Steuer Software im Frühjahr zu kaufen. Also schnell mal bei Kleinanzeigen und eBay nach einem Code geschaut und was sehe ich

Social◇ unclassifiedgermany · europe
Reddit r/investing50d05/24

I feel like it’s very difficult to get a read on the AI trade… (chips, smh, intc, bubble)

I’ve had massive returns on SMH and INTC over the last x amount of months. I’m currently watching a documentary on the dot com bubble. I see a lot of similarities but also a lot of pretty poignant differences. Marvell and Dell are going to post their earnings this coming week - relevant because i’ve been trying to closely monitor the AI trade and these 2 seem to be the last reporting companies for last quarter’s earnings in regards to the AI trade. As of the last hyper-scalers earnings reports a

Social◇ unclassifiedtaiwan
Reddit r/eupersonalfinance50d05/24

Finally, my portfolio. Roast it mercilessly. (30 y/o, 1.5M)

I’d like to submit for your critique a portfolio I’m considering for a very substantial investable net worth. Profile: 30 years old, Italian tax resident, current living expenses covered by salary, average Italian income, no major certain expenses in the near future, possible limited real estate investment in the future if I find something very attractive, long time horizon. Goal: real capital growth, gradual financial independence from work, possible future decumulation. Perceived risks: high U

Social◇ unclassifiedeurope · usa
South China Morning Post Business50d05/24⚠ war-conflict · 2/5

Hong Kong holds off on annual LGBTQ publicity drive. Is a community being forgotten?

For the first time in a decade, a Hong Kong government task force did not conduct any publicity campaign covering gender identity and sexual orientation in the latest financial year, triggering concerns that authorities are taking a lukewarm attitude towards the local LGBTQ community. Figures from the Gender Identity and Sexual Orientation Unit (GISOU), which falls under the Constitutional and Mainland Affairs Bureau, also showed that it only received seven complaints from 2015 to 2025, a figure

◇ unclassifiedchina · asia · uk
South China Morning Post Business50d05/24

China boy wants to raise silkworms to create silk quilt, prompting parents to buy 10,000 seeds

A boy in central China dreamed of making his own silk quilt, prompting his parents to buy 10,000 silkworm eggs to nurture his curiosity. In May, a mother surnamed Ruan from Wuhan, Hubei province, revealed online that her family was raising silkworms to help realise her six-year-old son’s unusual dream. Ruan told the mainland outlet Chengshi Interactive that the idea came during the silkworm-rearing season. The optimal window generally runs from May to October. The family, who raise silkworms...

◇ unclassifiedchina · asia · usa
Reddit r/Finanzen50d05/24

Auto kaufen oder nochmal Leasen?

Hallo zusammen, ich brauche mal einen Rat zu einer finanziellen Entscheidung. Kurz zu meiner Situation: Ich bin 24 und verdiene ca. 3.400 € netto im Monat. Davon lege ich monatlich 1.300 € zurück, jeweils 50 % in ETFs und 50 % aufs Tagesgeld. Für Lebensmittel und freie Ausgaben plane ich etwa 550 € ein, zusätzlich gehen 50 € in eine Urlaubskasse. Ich pendle beruflich sehr viel und habe mich deshalb vor über einem Jahr für ein Elektroauto im Leasing entschieden. Die Kosten lagen bei etwa 500 € Le

Social◇ unclassifiedgermany · usa · europe
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