Advertisement
Advertisement
ePAPER
SCMP PLUS
-

Breaking | China ends dividend tax exemption for expats, applying 20% rate

The exemption previously enjoyed by overseas nationals on gains from foreign-funded firms in China was cancelled in an announcement on Tuesday.

Advertisement
Exclusive

Former chief justice Geoffrey Ma oversaw mediation between Hong Kong International School and Lutheran Church-Missouri Synod.

Hong Kong International School’s campus at Tai Tam. Management pledged that the settlement would not result in fee increases. Photo: Dickson Lee
The HKIS campus in Repulse Bay. A financial statement previously seen by the SCMP showed that Hong Kong International School Association Limited had amassed financial reserves totalling HK$2.8 billion as of July 31, 2024. Photo: Sun Yeung

Heavy to torrential rain is forecast over the next three days, with authorities warning of floods, landslides and mudslides.

Officials inspect draining pipes in Fuding in China’s southeastern Fujian province on Friday. Photo: Xinhua

China’s Kyrgyzstan rail pledge highlights wider drive to knit Asia together and strengthen trade links.

President Xi Jinping and Kyrgyz counterpart Sadyr Japarov sign a joint declaration on the development of the China-Kyrgyzstan partnership on Monday. Photo: Xinhua

San Wui Commercial Society Secondary School has candidate, but Education Bureau still conducting background checks.

Former principal Lee Cheuk-hing was fired after his controversial behaviour was caught on camera. Photo: Handout
San Wui Commercial Society Secondary School in Tuen Mun. Photo: Jelly Tse

Business

Why Hong Kong’s strategic advantages attract global talent

In partnership with:Hong Kong Talent Engage
Married couple Robert Lay and Emma Li, who are both finance industry veterans, moved to Hong Kong from New Zealand with their children in 2023.

New Delhi’s re-engagement with the China-led bloc serves as a reminder to the US that it has other options, analysts say.

Indian Prime Minister Narendra Modi disembarks from an aircraft upon his arrival in Bishkek, Kyrgyzstan, on Sunday. Photo: Kyrgyzstan’s Presidential Press Office / AP
Kyrgyzstan’s President Sadyr Japarov welcomes Indian Prime Minister Narendra Modi to the Shanghai Cooperation Organisation summit in Bishkek on Tuesday. Photo: AFP
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin embrace during a meeting on the sidelines of the Shanghai Cooperation Organisation summit in Bishkek on Monday. Photo: Kremlin / Sputnik / AP
Indian Prime Minister Narendra Modi gestures during a meeting on the sidelines of the Shanghai Cooperation Organisation summit in Bishkek on Monday. Photo: Sputnik / Reuters

Major banks such as HSBC and UBS host thousands of executives in southern tech hub this week to connect foreign capital with domestic firms.

David Liao, HSBC’s co-chief executive for Asia and the Middle East, speaks at the bank’s 13th annual China Conference on Tuesday. Photo: handout

Overseas capital in yuan-traded Chinese stocks faces cooling, as tech sentiment, US yields and yuan strength steer the next phase.

Investors check out stock market data in Nanjing, Jiangsu province. Photo: Getty Images

Industry leaders caution that the semiconductor equipment sector must now transition from technical viability to commercial reliability.

A 12-inch silicon wafer on display at SEMICON China in Shanghai on March 25, 2026. Photo: AFP

From Filipino migrants in Japan to South Asians rethinking Western education, here are a few highlights from SCMP’s recent Asia reporting.

US President Donald Trump’s administration has tightened legal immigration through new screening and higher costs. Photo: TNS

Industry observers say ownership complications and low awareness have slowed landlords’ applications under Hong Kong’s new housing regulations.

Landlords have registered 34,000 subdivided flats under Hong Kong’s new basic housing regime, fewer than half the estimated total. Photo: Dickson Lee

If finalised, the UK would be the fourth Nato member to reach a deal with the Philippines allowing troops to train on each other’s soil.

Troops from the Philippines, Britain, the US, Japan and South Korea take part in a military exercise across various locations in the Philippines in 2023. Photo: Philippine Marine Corps

US financial firms Citigroup and Invesco are continuing to expand in Asia even amid geopolitical uncertainties.

A Citibank building in New York. Photo: AP

Pattaya has faced a grim low tourist season, driven in part by the economic downturn triggered by the Iran war.

People walk along a street lined with bars and entertainment venues at Jomtien Beach, in Pattaya City, Thailand, in June. Photo: Reuters
A US Navy F/A-18E Super Hornet launches from the flight deck of the Nimitz-class aircraft carrier USS Abraham Lincoln in the Indian Ocean on August 22. Photo: US Navy/Handout via Reuters

Research shows a small set of high-frequency building blocks shaped the writing system through a principle of economy.

Researchers say Chinese characters combine core structural components, like sun, moon and human, following an evolutionary pattern shaped by frequency of use.
Photo: Shutterstock

A weak yen, which has pushed up import prices and broader inflation, has been blamed in part on the central bank’s slow pace of rate increases.

People walk past a foreign currency indicator board showing the rate of the US dollar against the Japanese yen in Tokyo on August 3. Photo: EPA
US Treasury Secretary Scott Bessent speaks to the press during the G20 Financial meetings on Monday. Photo: Getty Images/AFP
Prices of items are displayed at a retail store in Tokyo on July 28. Photo: Reuters
Advertisement
Advertisement
Economy

How China’s top 2 container ports became world’s busiest – and beat Singapore

The nation’s ports claimed six of the top 10 busiest worldwide, according to a prominent data provider.

The ship Dubai Tower pictured at the Ningbo-Zhoushan port in Ningbo, eastern China’s Zhejiang province, on August 15. Photo: AFP
Advertisement
Advertisement
Advertisement
Opinion
Andy Xie
Opinion |

Why US sanctions threats against China aren’t credible

1 hour ago
Andy Xie
More Opinion
Advertisement
Advertisement
Advertisement
Advertisement
Latest

UK-Philippines troop deal to boost Nato’s South China Sea reach

More Latest News
SCMP Shorts
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement