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Hong Kong stock market
Hong Kong stocks head for longest win streak in 3 weeks as US inflation cools
Soft US inflation data strengthens the case for monetary easing as Hang Seng Index gains for a third day.
47 minutes ago
Made in China 2025
China’s pharmaceutical industry transforms into a global innovation powerhouse
3 hours ago
Artificial intelligence
SenseTime pushes open-source AI model to provide a ‘smart brain’ for every robot
18 Dec 2025 - 9:30PM
Robotics
CATL marks trailblazing deployment of humanoid robots at scale in China plant
The initiative underscores the growing use of intelligent Chinese-made robots in the country’s manufacturing industry.
18 Dec 2025 - 9:00PM
Built by start-up Spirit AI, the Xiaomo humanoid robot works on the assembly line of electric vehicle battery giant Contemporary Amperex Technology. Photo: CATL
HKEX
HKEX proposes slashing board lot variations to boost liquidity
The moves will remove the entry barrier for retail investors and prepare the city’s exchange for a single board lot unit structure.
18 Dec 2025 - 7:32PM
Mergers & Acquisitions
Chinese brokerage CICC unveils merger details with Dongxing, Cinda
The three-way merger will create China’s fourth-largest investment bank with assets of US$128 billion.
18 Dec 2025 - 5:30PM
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IPO
Holiday rush: Hong Kong IPO market sparkles with busiest December in years
From biotech to AI, December’s listings – including at least 15 down the stretch – crown the city’s revival in equity fundraising.
18 Dec 2025 - 4:00PM
Insilico Medicine says its listing could raise up to HK$2.3 billion. Photo: Shutterstock
Hong Kong stock market
Hong Kong stocks tread water as tech giants stumble on AI bubble jitters
Hang Seng Tech Index slides after US equities slump, while investors await inflation report.
18 Dec 2025 - 4:39PM
HKEX
HKEX amends float rules to strengthen Hong Kong’s status as global finance hub
The reforms are meant to boost liquidity and attract high-quality companies, reinforcing the overall competitiveness of the capital markets.
17 Dec 2025 - 9:15PM
Artificial intelligence
Tencent shakes up AI operations, names recent recruit as chief AI scientist
Vinces Yao Shunyu now serves as chief AI scientist under the CEO’s office, reporting directly to Tencent president Martin Lau.
17 Dec 2025 - 10:00PM
Xiaomi
Memory crunch: China’s Xiaomi and Honor raise tablet prices as chip costs surge
Supplies of memory products for electronic devices squeezed by AI pivot of chipmakers, spurring companies to pass on costs to consumers.
17 Dec 2025 - 8:00PM
Xiaomi will hike the prices of its Redmi Pad 2 and Xiaomi Pad 8 series. Photo: Shutterstock
Electric & new energy vehicles
Xpeng CEO dismisses AI bubble fears, predicts more affordable robots soon
He Xiaoping’s recent trip to the US, where he met more than 30 professionals in the AI field, helped form his conclusions about the industry.
17 Dec 2025 - 7:44PM
Artificial intelligence
Xiaomi launches open-source model to compete against DeepSeek, OpenAI systems
MiMo-V2-Flash ‘particularly excels in reasoning, coding and agentic scenarios’, Xiaomi says.
17 Dec 2025 - 8:51PM
Hong Kong property
Kai Tak Stadium lifts Hong Kong’s status as major sports and entertainment venue
The 50,000-seat stadium drives repeat tourism, supports retailers and helps prop up retail property landlords, experts say.
18 Dec 2025 - 9:02AM
Artificial intelligence
OpenAI in talks to raise US$10 billion from Amazon and adopt Trainium chips
The deal is under discussion could value OpenAI upwards of US$500 billion, a source said.
17 Dec 2025 - 3:50PM
OpenAI was last valued at US$500 billion in an employee share sale. Photo: Reuters
Hong Kong stock market
Hong Kong stocks rebound as investors reassess US rate-cut outlook
Hang Seng Index swings as odds of a US Federal Reserve rate cut in January now stand at nearly 26 per cent.
17 Dec 2025 - 4:39PM
Mainland China
Why retailers are beating a hasty retreat from mainland China
Hong Kong retailer Mannings will cease online operations from December 26 and close its physical stores after January 15.
17 Dec 2025 - 3:40PM
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IPO
HashKey shares debut flat in Hong Kong amid bitcoin bear market
The firm, one of 11 licensed virtual asset trading platforms in Hong Kong, raised US$206 million in the city’s first crypto-native IPO.
17 Dec 2025 - 4:40PM
HashKey executives and other exchange and government officials at the gong-striking ceremony to mark the company’s trading debut on the Hong Kong stock exchange on Wednesday. Photo: Karma Lo
MetaX
MetaX stock soars 700% in Shanghai debut as traders snap up Chinese GPU maker
MetaX closes at 829.90 yuan on Wednesday, from its IPO price of 104.66 yuan, after gaining as much as 755 per cent in intraday trading.
17 Dec 2025 - 4:45PM
Made in China 2025
China’s new drug insurance: lifeline for patients or squeeze on big firms?
New insurance formulary trims costs of Alzheimer’s and cancer therapies and marks a small win for global novel drug makers.
17 Dec 2025 - 7:30AM
Hong Kong stock market
China grid-equipment maker Sieyuan eyes Hong Kong listing after 665% surge
Sieyuan plans to issue new H shares equal to up to 15 per cent of its outstanding stock, as the company fast tracks global expansion.
17 Dec 2025 - 6:00AM
Electric & new energy vehicles
Xpeng, Li Auto given approval to test ‘hands-off’ L3 cars amid slowing market
Deregulation to legalise L3 technology represents a leap forward in commercialising autonomous driving systems in China.
16 Dec 2025 - 7:45PM
A Li Auto vehicle draws crowds at the Beijing International Automotive Exhibition, April 25, 2024. Photo: Reuters
Made in China 2025
Chinese biotech Scizeng’s global licensing deal to yield up to US$1.44 billion
Yarrow Bioscience gets exclusive global rights for the GenSci098 therapy to treat thyroid eye disease and Graves’ disease.
16 Dec 2025 - 3:47PM
Hong Kong property
Hong Kong shipping baron’s nephew buys US$9.6 million flat in Repulse Bay
An entity linked to Raymond Pao, a nephew of the late Y.K. Pao, acquired the 2,491 sq ft, four-bedroom flat in Grand Garden on December 8.
16 Dec 2025 - 12:17PM
Electric & new energy vehicles
Beijing approves first L3 autonomous cars in leap towards ‘hands-off’ driving
The cars, both pure EVs, can only navigate urban streets and highways in designated areas, according to the ministry.
16 Dec 2025 - 1:13PM
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