Katrina Hamlin is a columnist and production editor based in Hong Kong. She writes on topics including environmental policy, cleantech and green finance, and also covers the gambling industry in Macau and Asia. Before joining Reuters in 2012, Katrina was deputy managing editor of Shanghai Business Review magazine. She graduated from the University of Oxford with an MA in Classics, and earned a Masters of Journalism with distinction from the University of Hong Kong.
From Washington to Wan Chai, executives are loudly protesting the city’s plan to allow extradition to mainland China. The business community often gets its way in the financial hub. Losing in this standoff would signify a turning point in Hong Kong for more reasons than one.
Boss Chen Lip Keong will use some $1.8 bln of his own money to fund half of NagaCorp’s new venture, Asia’s largest gambling resort. Competition is increasing, and both Cambodia and the industry depend heavily on China. It’s still a show of confidence that can cheer punters.
The Chinese electric vehicle maker reported a stupendous 632 pct increase in first-quarter net profit. Around half of the boost came from generous government grants, which may not be sustained. Even so, investors have cause for cautious celebration.