Academic Ying Zhu observes that in Blossoms Shanghai directed by Wong Kar-wai, Shanghai is vivid, vibrant and evocative of both the glamour of a colonial Hong Kong and the hustle and bustle of a gilded age Shanghai. The TV drama speaks of the historical relationship between the two cities, and when the bright lights have dimmed, the ruins of the spectacle and the broken dreams. If geopolitical reshuffling in recent years has diminished Hong Kong’s lustre as a first-tier global city and the link between China and the rest of the world, what does the future have in store for Shanghai?
As the Chinese New Year approaches, many Hong Kongers have the tradition of travelling to Shenzhen to enjoy reunion dinners at lower cost with better service compared with back home. Lianhe Zaobao journalist Daryl Lim speaks with diners and restaurant managers to find out more about this trend during the festive season.
China ended 2023 with the world’s worst-performing equity market as the blue-chip CSI 300 Index fell for the third straight year, plunging 35% over 36 months, making it difficult for private equity and venture capital firms to exit their investments. How will these firms deal with the country's stock slump?
The talent crunch in recent years prompted the local authorities in Hong Kong to launch the Top Talent Pass Scheme (TTPS) at the end of 2022. At the first anniversary of Hong Kong’s all-out talent grab, opinions remain divided as to whether the TTPS can successfully boost Hong Kong’s competitiveness and attract talent who stay for the long term.
Even with the efforts of the Chinese government to revitalise the stock market, investors and shareholders seem to be unconvinced and hesitant in putting in funding, which in turn is not helping the market to recover as fast as would be hoped. What else can be done to bring back the good days?
Professor Walter Woon says that Singapore’s close relationship with both the West and China gives it a unique advantage as a more neutral interpreter of China for the Western world. The country is also well-placed to help reduce tensions between the US and China.
Youth suicide rates are on the increase in Hong Kong, with stresses such as academic pressure and unemployment woes some of the key factors. While the issue is multifaceted, giving hope and promoting mental well-being is a project that everyone in society can work on together.
Hong Kong’s position as an international financial centre is now a thing of the past as multinational corporations withdraw from the city and its stock market shows signs of foreign capital outflows. Lianhe Zaobao journalist Tai Hing Shing finds out if Hong Kong’s financial market is truly on its way down.
Political analyst Wang Qingmin notes that given the near-total power of the Chinese government over Hong Kong, perhaps Beijing can afford to show more tolerance towards the people and government of Hong Kong. This might actually encourage the moderate pan-democrats who love Hong Kong to contribute, which would also benefit mainland China.