Jacky Wong
Wall Street Journal
Hong Kong
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Past articles by Jacky:
Asia’s World City Might Reopen to the World, Finally
Removing hotel-quarantine requirements is only the start of a long climb back for Hong Kong. → Read More
Japan Inc. Finally Shows Shareholders the Money
It’s tough times for stocks everywhere. But notoriously tight-fisted Japanese companies are starting to pay out more—some consolation in a bad market. → Read More
SoftBank’s Unicorn Herd Turns Vicious
Senior staff departures and widening signs of stress in private markets mean even more trouble ahead for one of the tech boom’s leading cheerleaders. → Read More
Samsung’s Pandemic Boom Is Over
Investors seemed to breathe a sigh of relief after the tech giant reported preliminary results, but the worst is likely still ahead, especially for its memory-chip business. → Read More
China’s Big Airbus Order Isn’t an All-Clear for Airline Stocks
The big three Chinese carriers have just placed their first significant order since the pandemic began. But all isn’t well just yet: There are still some obvious squalls brewing. → Read More
How Long Can Macau Survive Without Gamblers? We May Soon Find Out
The only way to win money from a casino is to own one. But in Macau, that strategy hasn’t worked over the past two years: The Covid-19 pandemic and strict restrictions on arrivals have kept most gamblers away. → Read More
Japan Faces Its Moment of Truth on Inflation
The central bank is holding the line on low rates, but the market is betting a plunging yen and rising inflation will eventually force it to capitulate. → Read More
China’s Long-Suffering Property Stocks Aren’t Yet a Buy
Hints of a bottom for sales in large cities have lifted shares in recent days. But extrapolating to the much broader national property market is risky. → Read More
Asia Will Feel the Fed’s Wrath, Too
Asian countries such as Korea and Thailand levered up impressively during the low-interest-rate era. Now the bill is coming due. → Read More
Chinese Tech Stocks Will Struggle to Buck Global Blues
A darkening global economy, China’s efforts to maintain a zero-Covid policy and rising U.S. interest rates mean Chinese tech stocks will still struggle to regain their former lofty heights. → Read More
China’s Mass Covid Testing to Test Country’s Finances, Too
As Beijing tries to aggressively increase stimulus, its evolving measures to combat Covid-19 would also test the government’s push to reduce debt and financial risk. → Read More
Hong Kong’s Property Market Isn’t a One-Way Bet Anymore
Hong Kong property prices have had some dips and bumps over the past 15 years but have been more or less irrepressible. That might be about to change. → Read More
Chip Shortages Might Finally Ease. For Asia, That’s a Mixed Bag.
Chip makers and other hardware suppliers have had a banner two years. But the darkening global economic picture is beginning to nibble away at their bread and butter. → Read More
Green Capital Scores Against Coal in Australia
Activist investors have forced AGL Energy, the nation’s largest emitter of greenhouse gases, to abandon a plan to protect its coal-power assets through a corporate split. Such dramas will become more common. → Read More
Japan’s Stodgy Small Banks Might Finally Show Investors the Money
Investors have never been in much love with Japan’s small banks. The prospect of a gradual move to clean up their balance sheets may change that. → Read More
Alibaba’s Next Challenge: a Sputtering Chinese Economy
Beijing’s regulatory crackdown on consumer tech firms clouded Alibaba’s results last year. Rising economic headwinds for China will clearly be the top concern this year. → Read More
Biden’s Asian Economic Plan is No Substitute for a Real Trade Deal
The U.S.’s new blueprint for economic engagement with Asia is aimed at competing with China. But the plan fails to leverage the U.S.’s biggest economic strengths. → Read More
For U.S. Inflation, China’s Slowdown Is a Double-Edged Sword
China’s manufacturing juggernaut is being punished by lockdowns in Shanghai and elsewhere. The impact on prices will spread. → Read More
Tencent’s Earnings Are a Bad Omen for Chinese Tech
China’s most valuable internet company is contending with a toxic mix of slowing consumption and regulatory overhang at home, and the same forces punishing other tech firms abroad. → Read More
Toshiba Shareholder Payday Still Has One More Hurdle: Tokyo
After years of delays and deflections, Toshiba management has finally agreed to consider selling the company. But Tokyo will still have the ultimate say. → Read More