How a Hong Kong interior designer transformed a flat from derelict and dingy to light-filled and desirable Stephanie Wong’s Causeway Bay flat, designed by Liquid Interiors. Photography: Simon J. Nicol
Born in Indonesia, schooled in New York, and now living in Hong Kong, 30-year-old fashion designer Stephanie Wong wanted a flat that reflected her cosmopolitan lifestyle. As a first-time buyer, with a keen interest in sustainability, she turned to the youth-ful team at Liquid Interiors for a top-to-bottom renovation of the 1,400 sq ft flat she purchased in Causeway Bay in 2019. I chose an older building as I wanted somewhere with a view and somewhere that was spacious to allow for an open-plan layout, says Wong.
China moves to curb yuan rally pressure due to hot money and export concerns Frank Tang frank.tang@scmp.com China’s yuan has strengthened more than 1 per cent so far this week, reaching 6.4604 to the US dollar on Wednesday. Photo: Reuters
The rapid appreciation in the yuan s exchange rate has resulted in capital inflows and given rise to concerns about its effect on exports and China s manufacturing competitiveness, with policymakers making moves this week to curb its ascent.
For now, the People s Bank of China (PBOC), the nation s central bank, has not intervened directly to halt or reverse the currency s appreciation, but instead is relying on a series of measures that are meant to boost the ability of Chinese investors to buy foreign currencies, thus taking some pressure off the yuan.
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