South China Morning Post, also known as SCMP, is a privately owned entity headquartered in Hong Kong. It is a subsidiary of Alibaba Group. Founded in 1903, the company employs approximately 1240 individuals. Its main product is newspaper publishing, functioning as a tier 1 media tech buyer. The company specializes in an English-language newspaper whose content focuses on news and analysis of Hong Kong, mainland China, and the rest of Asia, with a global perspective. It maintains a significant digital presence through its website and app, and also publishes a portfolio of lifestyle and fashion magazines, including the Hong Kong editions of Cosmopolitan, ELLE, and Harper's BAZAAR.
On February 11, 2026, a rally in the yuan bolstered Hong Kong's dim sum bond market, with issuance potentially approaching US$140 billion. A firmer renminbi, at its strongest level in nearly three years, alongside low funding costs and policy support, boosted demand for offshore notes, leading bankers to forecast more deals. Previously, on February 7, China intensified its offshore tax hunt, leveraging big data and global information exchange to pursue undeclared overseas wealth. This push, driven by fiscal needs, has begun to impact businesses in China's cross-border trade sector. Earlier, on February 3, observations suggested China is well-positioned to capitalize on a shift away from the US dollar, with a stable and strong yuan gaining international appeal and China being viewed as a potential financial superpower with a global currency. This followed news from February 1, when Hong Kong university graduates faced the gloomiest employment market since 2021, experiencing a 55% plunge in new hires in 2025 and a marginal 0.5% year-on-year increase in average monthly salary to HK$20,961.
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South China Morning Post offers products in the media and telecoms services industry. South China Morning Post's product portfolio comprises of media and TV services.
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