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Richard Jin, CEO of Huawei’s intelligent automotive solutions business unit, introduces the company’s latest advanced driving system in Beijing on April 23, 2026. Photo: Reuters
Electric & new energy vehicles

Huawei earmarks US$11.7b for training of autonomous-driving systems

Company claims it will outspend all rivals combined to boost computing power, which is essential to enhance advanced driving systems.

Artificial intelligence

Developing | DeepSeek releases next-gen AI model with ‘world-leading’ cost efficiency

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China stock market

China’s hottest stock market hits a 16-year high, outpacing rivals after reforms

Electric & new energy vehicles

Chinese EV makers bet on in-house chips to make cars smarter and more autonomous

Chinese EV makers are showcasing advanced in-house chips at Auto China, powering smarter vehicles and challenging global tech leaders.

Hesai CEO David Li speaks at the lidar maker’s tech open day in Shanghai, on April 17, 2026. Photo: Reuters
Hesai CEO David Li speaks at the lidar maker’s tech open day in Shanghai, on April 17, 2026. Photo: Reuters
China property

Hong Kong’s Langham group invests in Beijing’s ‘city of the future’ Xiongan

Planned 300-room, dual-brand hotel marks early private-sector involvement amid Xi Jinping’s push to accelerate development.

Electric & new energy vehicles

China’s premium EVs mount tech-powered challenge to BMW, Mercedes-Benz at expo

10-day show in Beijing, the world’s largest, to feature 1,451 models and exhibition area of 380,000 square metres.

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Millionaires and billionaires

Mainland China’s ultra-wealthy numbers rise as Hong Kong poised for rebound

China’s ultra-wealthy population has grown 23 per cent in five years, while Hong Kong is forecast to see a 25 per cent rebound by 2031.

China’s share of global UHNWIs edged down by one percentage point to 17 per cent this year. Photo: Getty Images
China’s share of global UHNWIs edged down by one percentage point to 17 per cent this year. Photo: Getty Images
Hong Kong stock market

AI-driven Hong Kong stock inflows from mainland China slow as options multiply

Wave of listings provides more ‘pure-play’ AI investment options across mainland and Hong Kong exchanges, BNP Paribas says.

Artificial intelligence

Alibaba opens Qwen app to partners with China Eastern Airlines tie-up

Company pledges more partnerships to expand the agentic capabilities of its flagship consumer chatbot app.

China stock market

Asian, emerging-market funds rotate into China and Taiwan stocks: HSBC

Fund managers shift focus to Chinese and Taiwanese stocks, while reducing exposure to South Korea amid global market turbulence.

Stock indices are displayed at the Taiwan Stock Exchange in Taipei on Tuesday. Photo: Reuters
Electric & new energy vehicles

China’s low-cost EVs to be fitted with lidar systems, usually saved for lux cars

Intense competition, rapid tech advancement and falling costs allow the superior driving systems to be fitted into budget-price vehicles.

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An exhibitor introduces a dynamic perception lidar which can be applied to self-driving systems and robots at the Zhongguancun Exhibition Centre, Beijing, on March 25, 2026. Photo: Xinhua
An exhibitor introduces a dynamic perception lidar which can be applied to self-driving systems and robots at the Zhongguancun Exhibition Centre, Beijing, on March 25, 2026. Photo: Xinhua
Banking & finance

Biotech-led boom as 8 China firms flock to Hong Kong’s thriving stock market

AI-powered drug developer Metis TechBio leads group that includes developers of autonomous driving technology and industrial robots.

China’s private sector

How China’s ‘landmark’ drug pricing guidelines could be a boon for biotech

State Council calls for ‘value-based pricing’ for innovative drugs, a move researchers said would benefit private healthcare players.

Hong Kong stock market

Hong Kong stocks drop as war uncertainty lingers after ceasefire extension

Investors need more conviction about material progress on a ceasefire and the normalisation of oil flow, investor says.

Hong Kong Exchanges and Clearing in Exchange Square, Central. Photo: Jelly Tse
Electric & new energy vehicles

CATL to supercharge China’s EV sector with revamped battery tech

World’s largest EV battery producer reveals third-gen product that charges in under six and a half minutes, easing drivers’ range anxiety.

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People look at a model of CATL’s Chocolate 26# Battery during the CATL Tech Day event ahead of the Beijing Auto Show in Beijing on April 21. Photo: AFP
People look at a model of CATL’s Chocolate 26# Battery during the CATL Tech Day event ahead of the Beijing Auto Show in Beijing on April 21. Photo: AFP
Banking & finance

Hong Kong IPOs lure mainland China insurers seeking higher returns

Beijing’s emphasis on patient capital and market stability spurs mainland China’s insurers to channel funds into Hong Kong listings.

Banking & finance

Greater China private equity set for patchy recovery, modest fundraising boost

China’s private equity market recovers selectively amid geopolitical tensions, with yuan funds leading and exits reaching record highs.

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E-commerce

Hidden office, fractured bone: violent clashes in China’s food safety crackdown

Details of secrecy, obstruction and violence emerge from a probe into 67,000 ‘ghost’ bakeries across China’s biggest e-commerce platforms.

Regulators have imposed the heaviest fine of 1.51 billion yuan on PDD and suspended it from adding new bakery merchants for nine months. Photo: Reuters
Regulators have imposed the heaviest fine of 1.51 billion yuan on PDD and suspended it from adding new bakery merchants for nine months. Photo: Reuters
Hong Kong stock market

Premium for mainland China shares erodes or flips as Hong Kong draws capital

In the case of ‘hard’ technology firms like CATL and GigaDevice Semiconductor, the A-H premium becomes an H-A premium.

China stock market

Outlook for China stocks brightens on capital flows, rebounding home prices

Resilience shown since start of Middle East war likely to continue amid haven demand, according to fund managers and investment banks.

Electric & new energy vehicles

Jump in EU EV sales amid Iran war boosts Chinese brands’ fortunes

Chinese-made EVs accounted for 16 per cent of the EU market in the year’s first two months, up from 12.2 per cent in 2025, CPCA data shows.

Sales of battery electric vehicles in the EU climbed 51 per cent month on month in March. Photo: EPA
Artificial intelligence

Huawei launches AI glasses as China battle for smart wearables intensifies

Huawei’s debut adds momentum to China’s booming smart eyewear market, which saw shipments surge 35-fold in 2025.

Huawei’s new AI eyewear weighs 35.5 grams and features various functions ranging from voice interaction to payments. Photo: Handout
Huawei’s new AI eyewear weighs 35.5 grams and features various functions ranging from voice interaction to payments. Photo: Handout
ByteDance

ByteDance profit plunges on AI push as TikTok Shop fuels overseas surge: reports

‘All-in’ AI drive cuts profits by 70 per cent, while booming TikTok Shop sales help overseas markets outpace China, reports say.

Banking & finance

Hong Kong well positioned to attract global capital amid geopolitical shifts

Hong Kong is attracting global investors seeking stability as interest grows in its financial markets, FSDC officials say.

Banking & finance

Orient Securities buyout to create US$85b brokerage amid consolidation push

Regulators are pressing ahead with their drive to nurture world-class investment banks through mergers and acquisitions.

Orient Securities logos are seen near a branch of the company in Shanghai, January 26, 2017. Photo: Reuters
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