Advertisement
Advertisement
Business /

China Business

Related Topics:
China economy
Fosun International chairman Guo Guangchang speaks Monday at the groundbreaking ceremony of a HK$10 billion residential project at the site of the Shaw Brothers studio in Clear Water Bay. Photo: Fosun
Hong Kong

Will Fosun’s luxury project revive Hong Kong’s Movietown magic?

Fosun Group begins HK$10 billion transformation of legendary studio, signalling confidence in Hong Kong’s property recovery.

China consumption

Pandora, Swarovski shrink China footprint amid shifting consumer preferences

IPO

Chinese self-driving firm Momenta eyes US$750m in Hong Kong IPO

China manufacturing

Northern Metropolis: Hong Kong launch pad for Chinese firms

Set for completion in the early 2040s, the 30,000-hectare megaproject leverages Hong Kong’s natural advantages to serve as a new global launch pad for mainland Chinese firms.

Northern Metropolis: Hong Kong launch pad for Chinese firms
Banking & finance

Charm offensive: Bahrain expands Hong Kong push to court mainland China capital

Gulf state leans on tax perks and tokenisation rules to position Hong Kong as its gateway to mainland China investors.

China’s private sector

China’s first AI-powered cancer vaccine production line set to launch in Beijing

Likang Life Sciences says it has developed a personalised vaccine using advanced tech to identify tumour-specific mutations.

Advertisement
Advertisement
Advertisement
China stock market

Why brokers believe China’s AI-driven stock run will find fresh legs

Domestic and global banks put markers down on equity growth based on stronger earnings, exposure to energy transition.

People take pictures beneath a screen showing stock data in Shanghai on June 15. Photo: EPA
People take pictures beneath a screen showing stock data in Shanghai on June 15. Photo: EPA
Semiconductors

As AI pushes data centres to breaking point, some Chinese chipmakers bet on SiC

Basic Semiconductor is the latest firm in the space to move forward with an IPO.

Electric & new energy vehicles

China’s heavy trucks are going electric, and abroad, paving the road to net-zero freight

Analysts say low ownership costs and battery gains are fuelling an export boom to regions such as Southeast Asia and Africa, positioning Chinese firms as main engines.

5
Retailing

Xtep opens first Saucony store in Hong Kong, eyes more premium retail sites

Chinese sportswear group positions premium running brand in Hong Kong as improving market sentiment draws retailers back to prime sites.

A promotional installation at K11 for the opening of the Saucony store in Hong Kong. Photo: Handout
Electric & new energy vehicles

EV influx, US rare earth miners blacklisted, China-EU trade talks

This week: Automakers ready to debut 150-plus EVs before year-end, China blacklists US companies including rare earth miners, foreign businesses encouraged to sell shares in China. Next week: Commerce Minister Wang Wentao heads to Brussels, new overseas investment rules take effect, June factory activity data release and more.

Photo: AFP
Photo: AFP
China’s private sector

China’s unicorns rise to 381 as ByteDance ranks in top 3 globally: Hurun index

The tech firm is valued behind only OpenAI and Anthropic – while DeepSeek enters the global top 15.

Electric & new energy vehicles

Banking on it: Chinese EVs expand their global footprint

With a boost in global exports offsetting domestic dips, banks forecast significant growth in overseas markets – especially western Europe.

Hong Kong stock market

Hang Seng Index caps worst week in over a year amid tech sell-off

Signs of an unwinding of record-high leveraged bets on AI stocks in South Korea and Taiwan sours sentiment in Asian trading.

A view of Exchange Square in Central, site of the headquarters of bourse operator Hong Kong Exchanges and Clearing. Photo: Jelly Tse
Electric & new energy vehicles

How 156 new car models could trigger a ‘do-or-die’ crisis in China’s EV market

A record wave of launches – mostly EVs – threatens to overwhelm demand, forcing smaller players into a fight for survival.

6
BYD displays one of its luxury models at Auto China in Beijing on April 24. Photo: Reuters
BYD displays one of its luxury models at Auto China in Beijing on April 24. Photo: Reuters
Banking & finance

Hong Kong’s IPO Connect push: why investors see it as the next frontier

Calls grow to further expand Hong Kong’s connect scheme with mainland China markets amid drive for deeper capital flows.

China’s private sector

China’s Trip.com faces revenue slowdown, warns of ‘significant fine’ from probe

Country’s top travel site signals turbulence ahead amid rising energy costs, geopolitical tensions and mounting regulatory pressure.

Advertisement
Advertisement
Advertisement
Mainland China

Brazil eyes China ties to boost green investments and aid low-carbon transition

Brazilian Finance Minister Dario Durigan speaks at green finance round table in Beijing co-organised by AIIB.

Dario Durigan, Brazil’s Minister of Finance, speaks with the media in Beijing on Thursday. Photo: Reuters
Dario Durigan, Brazil’s Minister of Finance, speaks with the media in Beijing on Thursday. Photo: Reuters
Semiconductors

China’s Big Fund becomes SMIC’s third-largest shareholder after record buyout

The landmark deal consolidates the Big Fund as third largest owner of SMIC, China’s largest wafer foundry.

Hong Kong stock market

Hang Seng Index briefly slips below 23,000 as Alibaba leads tech sell-off

Alibaba led Hong Kong tech stocks lower, pushing the Hang Seng briefly below 23,000 as AI and consumer worries hit sentiment.

Electric & new energy vehicles

Top CATL boss cools expectations over next major leap in EV batteries

Robin Zeng Yuqun addresses expectations at ‘Summer Davos’ on whether the battery technology would be available in the near future.

Robin Zeng Yuqun, head of the world’s largest electric vehicle (EV) battery maker, CATL, at the World Economic Forum’s Annual Meeting of the New Champions, also known as "Summer Davos", held in Dalian, in northeast China’s Liaoning province. Photo: Weibo
Banking & finance

Can Shanghai’s offshore finance push test Hong Kong’s dominance?

Beijing is accelerating Shanghai’s offshore finance ambitions, raising questions over whether Hong Kong’s long-held edge can endure.

6
Shanghai is seeking to expand its offshore finance business under a new action plan backed by Beijing. Photo: Getty Images
Shanghai is seeking to expand its offshore finance business under a new action plan backed by Beijing. Photo: Getty Images
Banking & finance

Southbound Stock Connect flows surge to record US$152b amid Hong Kong IPO boom

Average daily southbound turnover soared 84 per cent year on year to HK$124.1 billion, equal to 24 per cent of city’s total market turnover.

Huawei

Danish court orders state to pay telecoms firm US$12m for Huawei gear removal

Court in Copenhagen says Huawei gear removal from TDC NET’s network went beyond regulation, entitling Danish firm to damages.

5
Yuan

Hong Kong readies offshore yuan initiatives after Shanghai move

Beijing is supporting the development of offshore yuan trading as part of a broader drive to boost the Chinese currency’s global role.

Hong Kong Financial Secretary Paul Chan Mo-po. Photo: SCMP
Help preserve 120 years of quality journalism.
SUPPORT NOW