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Chinese AI chip designer Cambricon posted its first annual profit since listing in 2020. Photo: VCG/VCG via Getty Images

Tech

Chinese chip firms Cambricon, Moore Threads post sales jump on domestic demand

Cambricon reports first full-year profit since listing in 2020, while Moore Threads’ revenue jumps 243 per cent.

Hong Kong developer Sino Land posts steady profit amid market improvements

New World reports loss as deleveraging takes priority, dividend suspended

Tech Trends

Moore Threads’ flagship AI chip compatible with latest Alibaba models

The semiconductor developer’s MTT S5000 chip achieves full-stack compatibility with the new Qwen3.5 series.

Moore Threads’ latest initiative reflects how Chinese chip developers are rushing to support the country’s top-performing AI models. Photo: Moore Threads
Moore Threads’ latest initiative reflects how Chinese chip developers are rushing to support the country’s top-performing AI models. Photo: Moore Threads

Companies

Pop Mart’s Merodi Hong Kong debut highlights challenges of sustaining IP success

Toymaker’s latest character launch draws tepid demand, raising questions about the company’s reliance on Labubu’s success.

Business

Hong Kong’s ‘king of shops’ sells home on The Peak for US$41.3 million

Veteran retail property investor says there is no point in holding on to the flat amid low rental yield and sluggish leasing market.

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Markets

China stocks shield investors from AI turbulence ahead of key meeting

Investors are turning to Chinese equities as they trim exposure to AI trades in the US, betting that policy support could underpin gains.

A Chinese trader looks at an electronic trading board at the Shanghai stock exchange. Photo: Reuters
A Chinese trader looks at an electronic trading board at the Shanghai stock exchange. Photo: Reuters

Tech

Germany’s Merz meets China’s tech vanguard, including Alibaba and Unitree CEOs

Hangzhou visit reflects Germany’s attempt to work further with the engines of China’s digital and robotics economy.

China Economy

As China’s firms go global, foreign expertise is becoming a hot commodity

Chinese companies are rushing to hire a range of service contractors to help them expand overseas – from compliance experts to TikTok gurus.

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China Business

Hong Kong stocks cap worst month since October on AI disruption angst

Concerns over AI’s disruptive impact on traditional industries continue to unsettle investors.

The so-called AI scare trade has roiled global stocks in February. Photo: AFP

Business

Hong Kong’s higher stamp duty will not stop luxury homebuyers from China

Mainland buyers accounted for about 80 per cent of the HK$100 million-plus deals in the city so far this year, according to Centaline.

A total of 48 HK$100 million-plus property deals worth HK$10.4 billion have been completed so far this year. Photo: Roy Issa
A total of 48 HK$100 million-plus property deals worth HK$10.4 billion have been completed so far this year. Photo: Roy Issa

Big Tech

Huawei targets global comeback with Mate 80 Pro smartphone, new smartwatch

The handset’s launch in Madrid marks Huawei’s renewed push into the global smartphone market.

Tech

Baidu touts AI chips’ potential amid sluggish fourth quarter

Revenue from the company’s AI-related business for the December quarter rises 48 per cent year on year to more than US$1.6 billion.

Banking & Finance

Hong Kong banks’ collateral asset valuations to continue declining in 2026: S&P

The city’s commercial property market remains on a sustained downturn, as rents continue to fall and vacancy rates soar.

A general view of the skyline in Hong Kong’s Central district. Photo: Jelly Tse

Business

SHKP, Hong Kong’s bellwether developer, posts 36% jump in first-half net profit

The company plans to launch many new residential projects over the next 10 months, including the second phase of Cullinan Harbour in Kai Tak.

Sun Hung Kai Properties’ Sierra Sea residential development in Sai Sha. Photo: Edmond So
Sun Hung Kai Properties’ Sierra Sea residential development in Sai Sha. Photo: Edmond So

Big Tech

China computing tech stalwarts Hygon, Sugon post revenue surge amid AI boom

Their strong 2025 revenue reflects a broader trend across China to increase support for domestic technology suppliers.

China Economy

Why China’s travellers spent little, despite rise in Chinese New Year trips

The country logged a record 596 million domestic trips over the extended holiday, but consumers are still reluctant to loosen their purse strings.

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Big Tech

Why China’s tech giants cannot afford to lose the global AI race

AI rivalry is challenging the traditional strategies of China’s ‘big tech’ firms and how they have monetised their products in the past.

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Illustration: Henry Wong
Illustration: Henry Wong

Companies

Pop Mart balances boom and bust: can Labubu’s leap match Molly’s momentum?

As Labubu’s meteoric rise cools, Molly’s longevity highlights the challenge Pop Mart faces in turning hype into stable intellectual property.

6

Business

How Western brands are adapting to China’s changing consumer landscape

Starbucks’ China stake sale signals a seismic shift, as global firms retreat amid rising competition, price wars and evolving consumer tastes.

12

Tech Trends

Chinese firms set for market growth as the global memory super cycle heats up

Eye-watering DRAM prices are bad news for consumers and smartphone brands, but present an opportunity for Chinese firms led by CXMT and YMTC.

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OPINION
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Opinion | Talk of digital yuan challenging dollar dominance misses real power shift

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Opinion | As China and Canada reset ties, they must strike while the iron is hot

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

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07:39
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What’s behind HSBC’s privatisation of Hang Seng Bank?

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Taiwan firm creates clothing from banana waste

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Gold scams in China and changing global politics

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