Enoch Yiu, SCMP News

Enoch Yiu

SCMP News

Hong Kong

Contact Enoch

Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.

Start free trial

Recent:
  • Unknown
Past:
  • SCMP News
  • Business Insider SG
  • Business Insider

Past articles by Enoch:

Five of Hong Kong’s virtual banks miss target launch date as coronavirus slows preparations

Five virtual banks miss the HKMA’s target launch date as coronavirus drags on operations. The delay gives the city’s incumbent banks have more time to buffer themselves against disruption. → Read More

Rebel HSBC shareholders win support from Hong Kong’s largest labour union in fight to reinstate dividends

Hong Kong’s largest labour union joined a rebellion among HSBC shareholders and called on the government to prevent the lender scrapping dividends. They face an uphill battle to win a shareholder vote. → Read More

Rebel shareholders demand HSBC revive dividend payment, cut management pay

A group of rebel shareholders have demanded HSBC revive its final dividend after the payout was suspended following a request by UK regulators. → Read More

Sun Hung Kai, LKF Group fulfil ‘social responsibilities’, cut rents in response to call by Paul Chan

Sun Hung Kai Properties, Hong Kong’s biggest developer by market value, Lan Kwai Fong Group, the biggest bar and restaurants landlord in the city’s Central district, as well as New World Development have cut rents in response to a call by Paul Chan Mo-po asking for property owners to “fulfil their social responsibilities”. → Read More

Casino tycoon Stanley Ho’s son paid US$64 million for Hong Kong house days before coronavirus gathered pace

Within days of Mario Ho buying a house in Deep Water Bay, the coronavirus outbreak had snowballed into a health emergency, with the first reported cases in Hong Kong not far behind. → Read More

Gold, only safe haven in town amid coronavirus outbreak, expected hit record high this year

Gold rose 4.8 per cent in January to hit a seven-year high on Friday, as investors sought out the safe-haven asset amid the coronavirus outbreak, a trend that will support its price this year, analysts said. Even after a retreat this week, it was up 4 per cent year to date on Wednesday. → Read More

Hong Kong’s MPF investment funds start new year with biggest loss in eight months: Lipper data

Investment funds covered by Hong Kong’s Mandatory Provident Fund hit hard as outbreak of coronavirus in mainland China triggers a global market sell-off during Lunar New Year. → Read More

Singapore, Asean companies pivot to Hong Kong for capital with eye on Greater Bay Area prize

Singapore companies and their Southeast Asian peers are increasingly turning to Hong Kong for capital to fund their growth ambition, with an eye on gaining a foothold in the Greater Bay Area. → Read More

China coronavirus sends health care, e-commerce stocks soaring, while travel and retail firms take a hammering

The rapid spread of the Wuhan coronavirus that has seen transport services and business events cancelled, and kept consumers at home in cities across China has battered travel and retail stocks. But it is proving a boon for health care, home entertainment and e-commerce shares. → Read More

Hang Seng Index makes its worst Lunar New Year debut since 2016, as coronavirus outbreak spooks traders

Hong Kong’s key stock index made its worst opening in five years on the first trading day of the Year of the Rat, as traders ran for cover after a two-day pause amid a worsening coronavirus outbreak. → Read More

Hong Kong’s gold jewellers hurt by protests are hoping for sales to sparkle in the Year of Rat

Gold jewellery sales fell by between 40 and 70 per cent in the Year of the Pig because of the protests, said Haywood Cheung Tak-hay, president of the Chinese Gold and Silver Exchange Society. → Read More

Hong Kong gets a ‘magnificent seven’ moment as stock exchange has busiest listing day in 18 months

The Hong Kong stock exchange greeted its busiest day in 18 months with seven companies making their trading debuts, as the city enjoys a respite from social unrest in recent weeks. → Read More

Hong Kong’s virtual banks tempt ‘rate war’ as ZA Bank leads with juicy 6.8 per cent on deposits

Hong Kong’s virtual banks are tempting a rate war among themselves to build brand awareness and entice deposits from traditional lenders like HSBC, as ZA Bank leads with a juicy offer of 6.8 per cent. → Read More

Explainer: HSBC, Spark Alliance and the law behind the latest fury in Hong Kong protests

What appears to be a routine regulatory move by HSBC to close a client’s corporate banking account has triggered an ugly backlash as its outlets became the latest target of vandalism after seven months of anti-government protests. → Read More

Ant Financial and Xiaomi among 21 applicants for Singapore digital bank licence

Ant Financial Services and a consortium that includes Hong Kong-listed smartphone maker Xiaomi are among those who have bid for digital bank licences in Singapore, intensifying a rivalry between Hong Kong and the city state to promote fintech-related financial services. → Read More

China’s biggest underwear maker Cosmo Lady warns of US$140 million loss as slowing economy hits demand

China’s largest lingerie maker Cosmo Lady (China) Holdings expects to record a loss of not less than 980 million yuan (US$139.79 million) this year. → Read More

Moody’s changes outlook of HSBC’s China, Hong Kong units to negative as protests, trade war threaten profits

Moody’s Investors Service has changed its rating outlook for HSBC Bank China from “stable” to “negative” after doing the same to its parent earlier in the week, as the bank faces a difficult operating environment amid civil unrest in Hong Kong and the US-China trade war. → Read More

Hong Kong’s banks back on the hiring spree after a decade of lay-offs as they prepare for virtual banking, Greater Bay expansion

Hong Kong’s recruiters are busy hiring again for the city’s banking industry after a decade of shrinking headcounts, as they prepare for expansion in the Greater Bay Area and a boom in virtual banking. → Read More

Hong Kong banks must step up cybersecurity, protect customers’ data as online scams multiply, warns industry leader

Hong Kong’s banks must step up their efforts to combat cybercrime and protect customers’ data amid a dramatic rise in online attacks, one of the city’s most senior banking executives has warned.... → Read More

Hong Kong’s accountancy firms raise their headcounts as IPO bonanza, fintech boom boost business

Hong Kong’s accountancy firms plan to hire more people this year, despite the economic slowdown, amid increased demand for consultancy services and a rise in IPOs which require auditing, according to industry experts.... → Read More