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A Mong Kok shop operator says few tourists are willing to spend money, and many shops have closed down. Photo: Edmond So

Business

Retail rift: Hong Kong shops beg for rent relief, landlords hold firm

As closures continue despite rising retail sales, landlords and operators have starkly divided views on the retail leasing market.

27 minutes ago

Race against Tesla: China’s Xpeng eyes 2027 global launch for viral Iron robot

1 hour agovideocam

On-device models steal the spotlight as China’s edge AI sector heats up

16 Jul 2026 - 9:30PM

Tech Trends

China’s OnePlus exits US and European markets as smartphone memory pain deepens

The industry is staggering under a chip shortage that has dragged down shipments, forcing handset makers to recalibrate strategies.

16 Jul 2026 - 8:45PM

OnePlus says it will continue to support existing devices with software updates, security patches and after-sales service, without providing a detailed timeline for its exit. Photo: Shutterstock

Tech

CXMT’s mega IPO draws frenzy from retail investors to DeepSeek founder’s fund

Investors are hoping for a relatively generous allotment rate and sharp gains when the memory-chip maker debuts on Shanghai’s Star Market.

16 Jul 2026 - 8:00PM

Big Tech

China memory-chip maker CXMT set for mega IPO

Listing could be country’s second biggest at US$9.8 billion and comes as global demand for memory chips soars on the back of AI infrastructure build-out.

16 Jul 2026 - 5:07PM

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China Business

Charging ahead: why BYD plans to build 3,000 ‘flash-charging’ stations in Europe

The facilities will support BYD’s latest flash-charging technology, which can reportedly recharge a car’s battery in just 10 minutes.

16 Jul 2026 - 5:20PM

The Denza N9 hybrid electric SUV is one of several BYD models targeting the luxury end of the car market released over the past few years. Photo: Handout

Markets

Diversify away from US markets to shield savers, ex-World Bank official warns

Oxford’s Ian Goldin says extreme concentration of capital in tech giants exposes global investors to a looming and painful valuation reversal.

16 Jul 2026 - 4:24PM

Hong Kong

On This Day | In 1986, Cafe de Coral is first Hong Kong food chain to go public – SCMP archive

On this day 40 years ago, Cafe de Coral became the first Hong Kong restaurant group to list on the city’s stock exchange.

16 Jul 2026 - 2:15PM

China Business

South Korea’s debt-heavy market could drive global tech volatility, analysts say

China has taken deleveraging actions amid wake-up call from South Korean market volatility.

16 Jul 2026 - 2:00PM

A currency trader talks on the phone near a screen showing the Korea Composite Stock Price Index (Kospi) and US dollar exchange rate in Seoul. Photo: AP

Markets

Goldman Sachs backs HKEX with ‘buy’ rating, citing Beijing’s policy support

Shares of HKEX have lost about 5 per cent so far this year, roughly in line with the performance of the Hang Seng Index.

16 Jul 2026 - 5:26PM

Beijing has doubled down on its support for Hong Kong’s stock market. Photo: Shutterstock Images

China Business

Mainland funds boost stakes in Hong Kong-listed biotech amid value dislocation

Analysts say valuation of the sector is attractive, with biotech firms trading relatively cheaply.

16 Jul 2026 - 11:03AM

Banking & Finance

HKIC reports double-digit investment return as ‘patient capital’ bears fruit

The government-owned investment firm generated nearly HK$6.5 billion in its second year, as Hong Kong’s economic vision begins to take shape.

16 Jul 2026 - 9:02AM

Property

Lights out for Taobao-partnered furniture showroom in October: sources

Landlord Sino Group seeking a new tenant for the second-floor shop at China Hong Kong City mall in Tsim Sha Tsui, marketing materials show.

16 Jul 2026 - 4:15PM

Customers shop in Taobao Hong Kong's furniture store at China Hong Kong City. Photo: Eugene Lee

China Business

A Shanghai bout, a home-grown fighter – can the UFC repeat the NBA’s China success story?

Two months after the White House fight night, UFC will bring one of US President Donald Trump’s favourite sports to Shanghai.

16 Jul 2026 - 7:00AMvideocam

China’s bantamweight fighter Song Yadong (centre) will take on Russia’s Umar Nurmagomedov at UFC Fight Night in Shanghai on August 29. Photo: AFP

China Economy

China eyes broader global access to yuan assets, as panda bond demand surges

Beijing plans further reforms to make it easier to issue and trade panda bonds, as it focuses on boosting the yuan’s role as a global currency.

15 Jul 2026 - 8:01PM

Business

Luxury housing boom keeps wealthy mainland Chinese buyers at home: report

Shanghai’s high-end market continues to outperform as Hong Kong records fewer HK$100 million-plus deals.

15 Jul 2026 - 6:00PM

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China Business

China’s drug makers are speeding up – will AI be their secret weapon?

Chinese biotech firms are striking big global deals as drug makers, but could artificial intelligence take them to the next level?

18 Apr 2026 - 11:05AM

Illustration by Henry Wong

Markets

Can Hong Kong’s listing reform 2.0 win over innovative firms?

The reforms enhance the city’s appeal for AI, biotech and other firms by slashing the market cap threshold and enabling confidential filings.

11 Apr 2026 - 11:01AM

Big Tech

Competition or ‘co-opetition’: how is convergence shaping Sino-US AI race?

Speech by CEO of Chinese AI start-up at Nvidia event in US highlights symbiotic nature of tech relationship despite geopolitical tensions.

4 Apr 2026 - 10:09AM

China EVs

How China’s EV makers think they can outrun disastrous price wars

At Beijing’s urging, an industry largely built on discounting must hold the line on prices and convince buyers to pay for better technology.

28 Mar 2026 - 10:03AM

Illustration: Lau Ka-kuen

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Could the world’s second trillionaire come from China?

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How China’s malls are trying to stay relevant

Wire

Pony.ai set to further open China’s autonomous-driving frontier

Pony.ai

What’s behind HSBC’s privatisation of Hang Seng Bank?

HAng Seng

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