United Kingdom

Robyn Mak

Breakingviews - Ant will surf wave of Chinese cash into Hong Kong

09 Jul 2020

HONG KONG (Reuters Breakingviews) - The Ant Group can hitch a ride to Hong Kong on the back of Chinese bulls. Jack Ma's fintech outfit is eyeing a listing in the city valuing it at over $200 billion, Reuters reported on Wednesday, citing people familiar with the matter. As Beijing moves to crush political unrest, mainland money has flooded the exchange, juicing a rally despite U.S. sanction threats. That's a relief for Ant, its Chinese peers, and the local financial industry.

Breakingviews - Tencent embraces its inner Goldman Sachs

29 Jun 2020

HONG KONG (Reuters Breakingviews) - It's usually a bad sign when a technology company spends more time buying than building. Tencent may prove to be an exception. The Chinese goliath’s investment portfolio has surpassed $66 billion with stakes in music, fintech and more. Recent successes could validate the deal spree.

Breakingviews - Segway bravely scoots onto Shanghai's new IPO path

18 Jun 2020

HONG KONG (Reuters Breakingviews) - Segway is blazing a trail to Shanghai. If all goes to plan, the owner of the self-balancing scooter will soon debut Chinese depositary receipts in a $300 million initial public offering. Ninebot brings sticky elements typically shunned by Beijing. A smooth listing would help set the tone for future stock sales.

Breakingviews - Pandemic boosts Chinese biotech cred

08 Jun 2020

HONG KONG(Reuters Breakingviews) - China’s biotechnology sector is having a moment in the spotlight thanks to the pandemic. Little-known firms like the $5.3 billion CanSino Biologics are among front runners developing vaccines and treatments for Covid-19. They look set to go global despite rising diplomatic tensions between Beijing and the world.

Breakingviews - War for Hong Kong talent is Taiwan’s to lose

03 Jun 2020

HONG KONG (Reuters Breakingviews) - Taiwan is well-positioned to poach Hong Kong talent. President Tsai Ing-wen has pledged to resettle those fleeing Beijing’s crackdown on the former British colony. It’s a rare chance for the $600 billion economy to plug a severe labour shortage and boost investment, but warm political gestures could be offset by muddled immigration policies.

Viewsroom: Hong Kong crunch

28 May 2020

HONG KONG (Reuters Breakingviews) - U.S. Secretary of State Mike Pompeo declared the Asian financial hub no longer autonomous from China, days after Beijing unveiled plans to ban sedition and subversion there. Breakingviews columnists in the city untangle what it means amid the trade war, pandemic and protests.  

Breakingviews - Sony embraces its inner conglomerate

20 May 2020

HONG KONG (Reuters Breakingviews) - Sony is reinventing itself, sort of. The Japanese giant is buying the rest of its financial arm for $3.7 billion, while a new holding company structure clumsily attempts to reposition Sony beyond its electronic roots. At least it's managing the sprawl, even if it that means thumbing its nose at activist Dan Loeb.

Breakingviews - The Exchange: Hong Kong's pressure cooker

19 May 2020

HONG KONG (Reuters Breakingviews) - Covid-19 has halted anti-government protests, but tensions are simmering. Hong Kong-based lawyer and author Antony Dapiran explains to Robyn Mak how local officials and Beijing are using legal means to silence opponents, and why another summer of discontent is all but guaranteed.

Breakingviews - China's chip giant serves nationalism and reform

18 May 2020

HONG KONG (Reuters Breakingviews) - China's chip giant serves the purposes of both nationalists and economic reformers. Semiconductor Manufacturing International received a boost from state funds ahead of a planned debut on Shanghai's new STAR board. The firepower reinforces Beijing's push for tech self-sufficiency. SMIC's Cayman Islands structure will also test new listing rules.

Breakingviews - TSMC’s U.S. reshoring initiative looks wafer-thin

15 May 2020

HONG KONG(Reuters Breakingviews) - A U.S. reshoring initiative by TSMC looks wafer-thin. The Taiwanese semiconductor maker on Friday unveiled plans to build a new factory in Arizona. It will produce a tiny fraction of what similar Asian ones do with a comparatively small workforce. It only goes to show just how hard it’ll be to move high-tech manufacturing to America. 

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