Pedestrians touch the Bund Bull in Shanghai on February 19, 2024. Photo: Bloomberg
China stock market

China’s ‘broker butcher’ regulator to nurture mainland investment banks

1 hour ago

The CSRC under Wu Qing will aim to develop 10 first-class brokerages including two or three that can compete with top global names like Goldman Sachs and Morgan Stanley by 2035.

Pedestrians touch the Bund Bull in Shanghai on February 19, 2024. Photo: Bloomberg

China’s ‘broker butcher’ regulator to nurture mainland investment banks

The CSRC under Wu Qing will aim to develop 10 first-class brokerages including two or three that can compete with top global names like Goldman Sachs and Morgan Stanley by 2035.

1 hour ago

Nvidia expands ties with Chinese EV makers as auto AI race heats up

BYD, Xpeng and GAC Aion’s Hyper brand announced expanded collaborations with Nvidia on Monday.

8 minutes ago

Hong Kong stocks slip on weak Chinese corporate earnings

Wuxi Apptech, Wuxi Biologics and Xpeng lead decline as fourth-quarter earnings of Chinese companies are trailing those of peers in the rest of Asia, according to Goldman Sachs.

2 hours ago
A BYD Yangwang U9 electric vehicle is pictured in Shenzhen on January 16, 2024. Photo: Bloomberg

Nvidia expands ties with Chinese EV makers as auto AI race heats up

BYD, Xpeng and GAC Aion’s Hyper brand announced expanded collaborations with Nvidia on Monday.

8 minutes ago
Hong Kong stock market

Hong Kong stocks slip on weak Chinese corporate earnings

Wuxi Apptech, Wuxi Biologics and Xpeng lead decline as fourth-quarter earnings of Chinese companies are trailing those of peers in the rest of Asia, according to Goldman Sachs.

Wuxi Apptech, Wuxi Biologics and Xpeng lead decline as fourth-quarter earnings of Chinese companies are trailing those of peers in the rest of Asia, according to Goldman Sachs.

2 hours ago
Artificial intelligence

Nvidia unveils new AI ‘superchip’ line-up Blackwell, succeeding dominant H100

The new Blackwell chips are made up of 208 billion transistors and will be able to link with other chips, making them much faster at handling AI models.

The new Blackwell chips are made up of 208 billion transistors and will be able to link with other chips, making them much faster at handling AI models.

6 minutes ago

What’s next for Hui Ka-yan after penalty and lifelong market ban?

Evergrande, which has the dubious honour as the world’s most indebted developer with more than US$300 billion of liabilities, stands accused of inflating its revenue in the years leading up to its collapse.

1 hour ago
What’s next for Hui Ka-yan after penalty and lifelong market ban?

Emissions reduction of 10% in reach for China steel sector next year

‘Modest adjustments’ to plans for use of electric arc furnaces versus coal-fired furnaces would accelerate emissions cuts, US think tank Global Energy Monitor says.

5 hours ago
Emissions reduction of 10% in reach for China steel sector next year

Nvidia unveils new AI ‘superchip’ line-up Blackwell, succeeding dominant H100

The new Blackwell chips are made up of 208 billion transistors and will be able to link with other chips, making them much faster at handling AI models.

6 minutes ago

What’s next for Hui Ka-yan after penalty and lifelong market ban?

Evergrande, which has the dubious honour as the world’s most indebted developer with more than US$300 billion of liabilities, stands accused of inflating its revenue in the years leading up to its collapse.

1 hour ago

Emissions reduction of 10% in reach for China steel sector next year

‘Modest adjustments’ to plans for use of electric arc furnaces versus coal-fired furnaces would accelerate emissions cuts, US think tank Global Energy Monitor says.

5 hours ago
Hong Kong: hub for finance, wealth, greentech

How Hong Kong start-ups are adding gloss to city’s greentech hub ambitions

More than 200 greentech companies currently operate in the city, of which some are equipped with ‘globally competitive’ technologies and are making inroads into the mainland Chinese and overseas markets.

More than 200 greentech companies currently operate in the city, of which some are equipped with ‘globally competitive’ technologies and are making inroads into the mainland Chinese and overseas markets.

17 Mar 2024 - 10:00AM

HSBC woos Asia’s ultra-rich to set up base in Hong Kong with suite of services

HSBC plans to promote its family office and digital banking services to attract the growing horde of ultra-high-net-worth clients in Asia to its private banking unit.

HSBC plans to promote its family office and digital banking services to attract the growing horde of ultra-high-net-worth clients in Asia to its private banking unit.

11 Mar 2024 - 8:30AM

exclusive | CBDC pilot boosts Hong Kong’s blockchain, international hub credentials: Yue

‘We’ve always been at the cutting edge of the whole blockchain evolution, including CBDCs,’ Yue, CEO of the Hong Kong Monetary Authority, the city’s de facto central bank, tells the Post.

‘We’ve always been at the cutting edge of the whole blockchain evolution, including CBDCs,’ Yue, CEO of the Hong Kong Monetary Authority, the city’s de facto central bank, tells the Post.

8 Mar 2024 - 3:56PM
Hong Kong: hub for finance, wealth, greentech

How Hong Kong start-ups are adding gloss to city’s greentech hub ambitions

More than 200 greentech companies currently operate in the city, of which some are equipped with ‘globally competitive’ technologies and are making inroads into the mainland Chinese and overseas markets.

More than 200 greentech companies currently operate in the city, of which some are equipped with ‘globally competitive’ technologies and are making inroads into the mainland Chinese and overseas markets.

17 Mar 2024 - 10:00AM

HSBC woos Asia’s ultra-rich to set up base in Hong Kong with suite of services

HSBC plans to promote its family office and digital banking services to attract the growing horde of ultra-high-net-worth clients in Asia to its private banking unit.

HSBC plans to promote its family office and digital banking services to attract the growing horde of ultra-high-net-worth clients in Asia to its private banking unit.

11 Mar 2024 - 8:30AM

exclusive | CBDC pilot boosts Hong Kong’s blockchain, international hub credentials: Yue

‘We’ve always been at the cutting edge of the whole blockchain evolution, including CBDCs,’ Yue, CEO of the Hong Kong Monetary Authority, the city’s de facto central bank, tells the Post.

‘We’ve always been at the cutting edge of the whole blockchain evolution, including CBDCs,’ Yue, CEO of the Hong Kong Monetary Authority, the city’s de facto central bank, tells the Post.

8 Mar 2024 - 3:56PM
Business | OPINION
Office buildings in Hong Kong’s Central district are seen on March 12. The office sector is performing well in countries across the Asia-Pacific region, but concerns about influential markets elsewhere are keeping investors from making a move. Photo: Bloomberg

The View | Asia’s office sector is thriving, so where are the investors?

Office markets in Asia are performing well and the shift to hybrid working has had less of an impact, yet investment in the sector has fallen sharply. Asia’s office markets need a stronger narrative, one that differentiates the sector more clearly from its counterparts in the US and Europe.

18 Mar 2024 - 3:30PM

Macroscope | Why we must abandon faith in ‘marketplace magic’ before it’s too late

The apparent inability of markets to see more than one step ahead is alarming at a time when stocks are surging and markets chase quick profits above all. Multiple underlying problems are being overlooked, and a market failure to comprehend the fundamental causes of rising costs could spell financial disaster.

The apparent inability of markets to see more than one step ahead is alarming at a time when stocks are surging and markets chase quick profits above all. Multiple underlying problems are being overlooked, and a market failure to comprehend the fundamental causes of rising costs could spell financial disaster.

17 Mar 2024 - 11:01AM
Why we must abandon faith in ‘marketplace magic’ before it’s too late

Macroscope | Why bitcoin’s comeback can’t paper over new risks of going mainstream

Bitcoin has staged a comeback from a difficult 2022, with its price rising higher than US$73,000 on the back of support from US regulators. The approval of spot bitcoin ETFs is driving interest but also raising fears of the cryptocurrency losing its status as an unregulated, decentralised product.

Bitcoin has staged a comeback from a difficult 2022, with its price rising higher than US$73,000 on the back of support from US regulators. The approval of spot bitcoin ETFs is driving interest but also raising fears of the cryptocurrency losing its status as an unregulated, decentralised product.

14 Mar 2024 - 5:41PM
Why bitcoin’s comeback can’t paper over new risks of going mainstream

Business | Explore more