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Geely’s Xingyuan was the top-selling EV on the mainland last year. Photo: Weibo

China EVs

Low-cost models dominate China EV sales, surpassing Tesla and BYD

Geely’s and Wuling’s sub-100,000 yuan battery EVs ranked first and second in mainland China last year, each selling over 400,000 units.

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Demand for AI eyewear surges during China’s Spring Festival

Wave of Chinese biotech deals builds with US$1.2 billion Harbour BioMed pact

Business

Empty shops, falling rents: commercial property suffers in China retail slump

China’s key shopping street rents have fallen to 2018 levels as cautious consumers cut spending and landlords lower prices to fill vacancies.

Retail therapy: Chinese consumers have been spending more cautiously and saving more amid uncertain job prospects. Photo: Xinhua
Retail therapy: Chinese consumers have been spending more cautiously and saving more amid uncertain job prospects. Photo: Xinhua

China Business

China’s EV insurers move towards profitability on higher premiums, AI adoption

Chinese insurers are turning to AI as the technology cuts labour costs and enhances pricing accuracy.

China Business

Hong Kong stocks gain by most in nearly a month on China export optimism

‘China and Hong Kong are the biggest beneficiaries’ of US court decision on tariffs, Goldman Sachs strategists and economists say.

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Business

Hong Kong home sales head for 22-year high as developers test price resilience

Deep discounts that were offered by developers to reduce unsold inventory may be a thing of the past, analysts say.

Aerial view of residential buildings in Tseung Kwan O. Photo: Sam Tsang
Aerial view of residential buildings in Tseung Kwan O. Photo: Sam Tsang

Markets

Why is the Hang Seng Tech Index underperforming while AI shares soar?

The gauge has fallen 5.5 per cent this year, while newly listed AI firms Zhipu AI, MiniMax and Beijing Haizhi are up at least fivefold.

Business

Hong Kong IPO boom sparks finance hirings – but staff cuts have not gone away

Hiring in Hong Kong finance rose by 4,800 roles in the year to September, official figures show, as listings and trading gathered pace.

Tech Trends

US software firm opens doors for global adoption of China’s humanoid robots

OpenMind works with several Chinese robotics companies including Unitree, UBTech, AgiBot and Engine AI.

OpenMind founder and CEO Jan Liphardt goes on a ride with a G1 humanoid from Unitree Robotics. Photo: Handout

China Business

After boost from viral dance challenge, Chinese medicine firm’s shares languish

Slumping profits at Shandong Xinhua Pharmaceutical have dragged the shares to about HK$7 in December 2025 from HK$15.62 in December 2022.

The combined daily production capacity of ibuprofen and paracetamol in China surged fourfold to 202 million tablets by late December 2022. Photo: Shutterstock
The combined daily production capacity of ibuprofen and paracetamol in China surged fourfold to 202 million tablets by late December 2022. Photo: Shutterstock

Banking & Finance

Hong Kong, UAE solidify financial links with regulatory ties, digital currency

Transaction volume under Project mBridge surged over 2,500-fold from the early 2022 pilot levels to more than US$55 billion by November 2025.

Commodities

Investment gold retailers move into vacant Hong Kong high-street shops

‘We see overwhelming demand for investment gold coins and bars,’ retailer San Gold Coins’ Sophia Chen says.

Big Tech

China’s tech giants pursue AI, semiconductor talent in US amid fierce rivalry

ByteDance, Baidu, Alibaba Cloud and MiniMax are among the firms now actively recruiting fresh talent in the US.

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Major Chinese technology companies are ramping up recruitment of artificial intelligence and semiconductor talent in key US tech hubs. Photo: Shutterstock

China Business

From AI to aerospace: China meme rocket shares take off in race with US

Investors scramble for opportunities to maintain market momentum after the AI frenzy shows signs of losing steam.

A rocket blasts off from the Hainan commercial spacecraft launch site in Wenchang, south China’s Hainan province. Photo: Xinhua
A rocket blasts off from the Hainan commercial spacecraft launch site in Wenchang, south China’s Hainan province. Photo: Xinhua

Banking & Finance

HSBC cuts 10% of US debt team as restructuring gathers pace

At least six New York staff laid off as the bank presses ahead with a global overhaul aimed at saving US$1.5 billion a year.

Business

Hong Kong’s property market to build on gains in the Year of the Horse: agents

Overall property transactions in the Year of the Snake totalled 87,506 valued at about US$86.8 billion, according to the Land Registry.

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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.

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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.

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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
Shanshan Li

Opinion | Why the Fed credibility crisis will hit emerging markets harder

Shanshan Li
Lizzi C. Lee

Opinion | How the next China shock is shaping hearts and minds

Lizzi C. Lee
Luca Mattei

Opinion | Why China keeps fossil fuels central even as it ramps up green energy

Luca Mattei
Nicholas Spiro

Macroscope | Blame Trump, not Asian investors, for gold and silver volatility

Nicholas Spiro
Matteo Giovannini

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

Matteo Giovannini
Wang Huiyao

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

Wang Huiyao
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MULTIMEDIA
Video

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?

HAng Seng
04:37
Video

Taiwan firm creates clothing from banana waste

Banana
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Video

Gold scams in China and changing global politics

Wire
08:22
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