Business /
Money
United States
Will China biotech be a hard pill to swallow for US Big Pharma?
US drug makers are racing to plug looming ‘patent cliff’ revenue gaps – and increasingly they are turning to China biotechs.
22 minutes ago
Banking & finance
Chinese AI, chip start-ups court global investors with Hong Kong listing plans
19 Dec 2025 - 4:30PM
Mergers & Acquisitions
Chinese brokerage CICC unveils merger details with Dongxing, Cinda
18 Dec 2025 - 5:30PM
Electric & new energy vehicles
BYD ups the ante on L3 autonomous cars, begins testing for mass production
BYD has pinned its hopes on preliminary self-driving technologies to bolster its sales in mainland China.
18 Dec 2025 - 11:11AM
BYD says it has completed more than 150,000 kilometres of real-world L3 testing. Photo: Xinhua
Hong Kong stock market
Standard Chartered keeps overweight call on China stocks, flags recovery in 2026
Despite renewed ‘bubble’ talk around AI valuations after a November sell-off, Standard Chartered says the cycle is different this time.
18 Dec 2025 - 7:30AM
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
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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
People learn about the AI computing power cabinet equipped with MetaX C600 general-purpose GPU chip at the 2025 World Artificial Intelligence Conference in Shanghai. Photo: Getty
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
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
Banking & finance
Hong Kong signs tax treaty with Norway, marking fourth such agreement this year
Treasury chief Christopher Hui said the government plans to begin CDTA negotiations with Slovenia and Oman early next year.
16 Dec 2025 - 6:47PM
HKEX
Nasdaq is planning 23-hour trading. Should Hong Kong follow suit?
HKEX plans to adopt digital currencies and tokenisation in the next decade, which analysts say are in demand for round-the-clock trading.
16 Dec 2025 - 5:49PM
The HKEX logo is displayed at the Hong Kong stock exchange in Central, June 5, 2024. Photo: Edmond So
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
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
Accounting and auditing
Exclusive
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Hong Kong to see more debt restructuring, liquidations amid weak economy: expert
Derek Lai says firms are more willing to engage professionals to address their debt problems, increasing the chance of a successful result.
16 Dec 2025 - 7:30AM
Insurance
Market volatility, family feuds fuel Hong Kong’s wealth transfer anxiety
In Hong Kong, there were 198 ongoing lawsuits over deceased estates as of the end of September, the second largest category among cases.
16 Dec 2025 - 9:54AM
Pedestrians cross a road in Central, Hong Kong. Photo: May Tse
Mandatory Provident Fund (MPF)
Hong Kong’s eMPF to hit fee-cut target 5 years early, saving US$6.4 billion
MPFA chairwoman Ayesha Macpherson Lau says digital system boosts returns as assets rise to US$196.5 billion.
15 Dec 2025 - 5:23PM
Electric & new energy vehicles
Xpeng steps up ‘go global’ drive with Malaysian assembly hub for Southeast Asia
The Guangzhou-based company said it would partner with Malaysia’s EP Manufacturing to locally assemble intelligent EVs.
15 Dec 2025 - 5:00PM
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China property
Vanke’s bondholders reject payment extension, raising default risk
The rejection in a three-day vote that ended late on Friday gives the developer a grace period of five business days to pay 2 billion yuan of onshore bond.
14 Dec 2025 - 5:00PM
The construction site of a residential complex being built by Chinese real estate developer Vanke in Nanjing in eastern China’s Jiangsu province on February 13, 2025. Photo: AFP
Electric & new energy vehicles
China’s EV battery giants wade into shipbuilding to bolster Beijing’s dominance
CATL and Gotion add momentum to China’s efforts to build new-energy vessels amid an accelerated decarbonisation drive.
14 Dec 2025 - 9:00AM
Hong Kong property
Yau Tong project nearly sells out amid hopes of home market recovery in 2026
The flats at One Park Place were in high demand after developers Sino Land, CSI Properties and MTR offered discounts of up to 15 per cent.
13 Dec 2025 - 6:54PM
Banking & finance
Hong Kong needs to attract global champions to broaden fundraising base: FSDC
Think tank urges the expansion of connect schemes to cover a wider range of asset classes and the promotion of digital asset trading.
12 Dec 2025 - 5:30PM
IPO
China’s generative AI tiger MiniMax pursues Hong Kong IPO to expand global reach
Hong Kong equity market offers platform for mainland Chinese AI firms seeking international investors amid intensifying domestic competition.
15 Dec 2025 - 1:29PM
MiniMax plans to beef up its research and development. Photo: Handout
Hong Kong stock market
Hong Kong stocks advance as traders position for additional growth measures
Investors anticipate further easing on monetary, fiscal and property fronts after Beijing vowed to strengthen domestic market.
12 Dec 2025 - 4:43PM
Hong Kong stock market
Hong Kong stocks end flat as traders await policy signals from China conference
Investors look to CEWC for growth target, property sector stabilisation and measures to boost domestic demand.
11 Dec 2025 - 6:05PM
Banking & finance
Six major Hong Kong banks keep prime rates unchanged despite HKMA base rate cut
Savings rates near zero limit room for cuts as lenders protect profitability margins, analysts say.
11 Dec 2025 - 5:55PM
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