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China’s private sector
Chinese drug makers take on Western dominance in US$16 billion Parkinson’s race
The future of treating brain diseases could lie in non-invasive technologies, according to Chongqing Haifu Medical Technology.
3 hours ago
China’s private sector
China’s drug makers are speeding up – will AI be their secret weapon?
18 Apr 2026 - 11:05AM
Banking & finance
HKEX proposes halving settlement cycle to boost Hong Kong’s financial profile
17 Apr 2026 - 9:51PM
Business of climate change
Asia-Pacific firms face credit pressure from Iran war energy shock, S&P says
Higher energy prices ratchet up pressure on manufacturing businesses to maintain their profit margins amid rising raw material costs.
17 Apr 2026 - 7:00AM
A fuel tanker truck leaves a gas station in Beijing, March 28, 2026. Photo: AP
Electric & new energy vehicles
China’s lithium giant Ganfeng sees profit jump as EV, ESS battery demand soars
The world’s top lithium producer forecasts a strong turnaround as global decarbonisation and AI-driven energy storage fuel demand.
16 Apr 2026 - 10:40PM
Electric & new energy vehicles
China’s EV battery giant CATL to set up mining arm to secure supply chain
Global energy shock accelerates CATL’s upstream push as demand for EV batteries and storage systems surges.
15 Apr 2026 - 9:55PM
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Banking & finance
Global funds fuel Hong Kong IPO rebound as investors rebalance China portfolios
AI, robotics and energy storage firms make up most of the record-high IPO pipeline in Hong Kong, says Chan.
15 Apr 2026 - 8:13PM
HKEX CEO Bonnie Chan Yiting speaks at the Chinese New Year Market Open Celebration at HKEX in Central, on February 20. Photo: Karma Lo
Fintech
How PayMe’s 3.3 million users and Hong Kong firms could start using stablecoins
HSBC eyes retail stablecoin roll-out via PayMe in second half of 2026, as Standard Chartered-led joint venture focuses on institutions first.
15 Apr 2026 - 4:11PM
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Electric & new energy vehicles
Shanghai Gigafactory has potential to build humanoid robots: Tesla China head
Shanghai Gigafactory could be a ‘golden key’ to advancing Elon Musk’s hopes of commercialising the technology swiftly, Tesla China head says.
14 Apr 2026 - 9:02PM
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Banking & finance
HSBC stays the course in the Middle East despite war
The bank will continue to invest in the UAE, alongside India, China and Singapore, says Surendra Rosha, co-CEO for Asia and the Middle East.
13 Apr 2026 - 6:17PM
China’s private sector
China’s tea-drink shops thirst for profits as price wars dry up prospects
‘I am learning a hard lesson of how involution can destroy my business,’ a Shanghai shop operator says.
13 Apr 2026 - 12:38PM
Tea-drink sales grew 6.4 per cent in 2025, a sharp drop from annualised growth of more than 20 per cent over the past two decades. Photo: Shutterstock
Electric & new energy vehicles
Hyundai spearheads foreign EV comeback push in China with Ioniq brand
South Korean carmaker bets on local partnerships and technology as global brands prepare fresh push into China’s fast-moving EV market.
12 Apr 2026 - 1:20PM
Banking & finance
Calls grow for HKMA to go further on stablecoins after conservative first batch
Analysts and investors say the HKMA’s cautious approach prioritises risk control, but limits Hong Kong’s digital asset ambitions.
15 Apr 2026 - 8:17AM
Fintech
HSBC, StanChart-led group among first to get stablecoin licences in Hong Kong
HSBC will launch its Hong Kong dollar stablecoin in the second half of this year, integrating it into its PayMe and mobile banking platforms.
15 Apr 2026 - 8:15AM
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Banking & finance
China healthcare stocks shine in Hong Kong amid Middle East turmoil
Hang Seng Healthcare Index outpaces broader market as Akeso, Innovent, Hansoh provide refuge for global investors.
10 Apr 2026 - 4:25PM
A number of Chinese biopharmaceutical and biotech companies posted their first-ever annual profits in 2025. Photo: Shutterstock
Banking & finance
OKX Ventures, HashKey Capital back Vietnam crypto platform’s pilot scheme bid
Under pilot rules, at least 65 per cent of capital must come from institutional investors and foreign ownership is capped at 49 per cent.
10 Apr 2026 - 11:04AM
Electric & new energy vehicles
China amps up battery buildout to ‘10 times US 2025 capacity’
China’s battery expansion plans highlight a widening gap with the US, as renewable energy demand fuels rapid growth in storage systems.
9 Apr 2026 - 10:54PM
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Banking & finance
Mainland China and Hong Kong IPOs drive Citic to the top of banking fee rankings
Citic leads Asia-Pacific in fees in the first quarter as IPOs in Hong Kong and mainland China offset weaker debt and M&A activity.
9 Apr 2026 - 5:02PM
Citic Securities led Asia-Pacific with a 6.4 per cent share of the total investment banking fee pool in the first quarter: Photo. Reuters
Banking & finance
Yiwu market owner eyes Hong Kong IPO to support overseas expansion
Hong Kong listing plan comes after the company reported net profit of 4.2 billion yuan for 2025, up 36.8 per cent from a year earlier.
9 Apr 2026 - 2:06PM
Banking & finance
Everest’s US$250 million buy signals rising global appetite for China biotech
Sovereign wealth funds from Singapore and Abu Dhabi join Chinese state capital as cross-border biotech licensing reaches record highs.
9 Apr 2026 - 8:30AM
Banking & finance
More global firms eye Hong Kong for cheaper yuan loans, bonds: StanChart
The HKMA yuan facility charges an interest rate equal to the Shanghai interbank rate, which is 200 basis points lower than the US fed rate.
8 Apr 2026 - 6:30PM
Electric & new energy vehicles
Chinese carmakers bet on solid-state batteries to drive next EV phase
Carmakers push next-generation battery tech as they chase longer range and improved safety, despite high costs.
8 Apr 2026 - 4:00PM
Analysts say the technology promises higher energy density, improved safety and longer driving range. Photo: Shutterstock
Banking & finance
Stricter Chinese scrutiny of offshore vehicles a blow for tech IPO candidates
Mainland’s stock market watchdog is discouraging establishment of ‘red-chip-structured’ companies in sensitive industries.
8 Apr 2026 - 10:53AM
Electric & new energy vehicles
More foreign marques face a do-or-die moment as Chinese buyers shun petrol cars
Following Skoda’s exit from China, other carmakers with falling sales are also likely to close shop this year, analysts say.
6 Apr 2026 - 4:00PM
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Electric & new energy vehicles
Tesla outraces China’s BYD in pure electric car sales to regain world’s top spot
Shrinking subsidies, new taxes sap China’s EV demand, giving Tesla an edge in global deliveries for first time since fourth quarter of 2024.
3 Apr 2026 - 2:00PM
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