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Zeng Congqin is suspected of serious violations of party discipline and law Photo: Handout
Xi Jinping's anti-corruption campaign

Chairman of China’s second-largest liquor producer under corruption probe

Wuliangye Yibin’s Zeng Congqin is the latest high-profile figure targeted as Beijing’s anti-corruption drive intensifies in liquor sector.

Made in China 2025

Hong Kong-listed Chinese drug firms set to turn corner on rising sales, deals

Hong Kong property

Hong Kong’s small landlords turn to co-working, student hostels to survive

Hong Kong stock market

The big cornerstone comeback: what’s driving investors back to Hong Kong IPOs?

After four subdued years, the cornerstone investors that anchor Hong Kong’s IPO market are returning in force, reshaping the deal landscape.

Illustration: Lau Ka-kuen
Illustration: Lau Ka-kuen
Autonomous vehicles

Breakthrough or hype? How WeRide aims to edge rivals in crowded robotaxi field

WeRide says its world model has slashed costs to support global expansion, but investors question if it can deliver a lasting advantage.

Hong Kong property

Hong Kong developer Sino Land posts steady profit amid market improvements

Chairman Daryl Ng highlights the city’s encouraging property sales performance in the second half of 2025.

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Hong Kong property

New World reports loss as deleveraging takes priority, dividend suspended

Developer keeps dividend suspended, rules out equity fundraising for now as Hong Kong sales rebound.

General view of New World Tower in Central. Photo: Jonathan Wong
General view of New World Tower in Central. Photo: Jonathan Wong
Pop Mart

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.

Hong Kong property

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.

China technology

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.

A Hygon accelerator used in artificial intelligence model training and inference. Photo: Hygon
Artificial intelligence

Nvidia reports record earnings quarter as China’s H200 sales freeze persists

Nvidia warns China market for powerful GPU remains uncertain, even as data centre revenue surges to new highs.

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The pipeline for Nvidia’s H200 chip remains dry in China. Photo: AFP
The pipeline for Nvidia’s H200 chip remains dry in China. Photo: AFP
Mergers & Acquisitions

CK group to sell 100% stake in UK electricity operator for US$14.2 billion

Shares of group’s Hong Kong-listed entities rally on plan to sell UK Power Networks to French utility Engie.

Artificial intelligence

Xiaomi deepens push into chips and AI as peers race to develop humanoid robotics

Xiaomi bets big on core technologies, including operating systems, to position itself as a deep-tech player amid China’s self-reliance push.

Banking & finance

HSBC to boost spending in Hong Kong, other high-growth markets to US$1.8 billion

HSBC reported a 7 per cent profit drop, but shares rose on its CEO’s comments on higher return goals, steady dividends and new growth plans.

HSBC Holdings is the largest banking group in Europe and Hong Kong by assets. Photo: Reuters
SFC

SFC moves to freeze assets of 3 insider traders who have left Hong Kong

Former HKEX listing division staffer and two relatives used confidential information to trade shares between 2020 and 2025.

Hong Kong’s Securities and Futures Commission is committed to ensure compensation for affected investors. Photo: Shutterstock
Hong Kong’s Securities and Futures Commission is committed to ensure compensation for affected investors. Photo: Shutterstock
Electric & new energy vehicles

China’s Geely bets on longer-range, faster-charging tech over fresh EV price war

‘We promise to compete based on technology, quality, brand, service and corporate ethics,’ Geely Auto CEO says.

China stock market

China’s top court backs legal action against corrupt firms amid equity rally

The court’s initiative marks ‘a positive sign that the market would sustain its upward momentum’, hedge fund manager Zhou Ling says.

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Artificial intelligence

AI apps soar in China as Lunar New Year giveaway battle boosts user growth

Tech firms score win as AI assistants become part of holiday consumption – from buying food and booking travel to planning entertainment.

Alibaba’s AI app Qwen saw nearly 200 million orders placed during the holiday period. Photo: Reuters
Alibaba’s AI app Qwen saw nearly 200 million orders placed during the holiday period. Photo: Reuters
Banking & finance

Standard Chartered’s 2025 profit jumps 16% buoyed by wealth management growth

The London-based bank’s underlying pre-tax profit stood at US$7.9 billion last year, versus a gain of US$6.8 billion in 2024.

China’s private sector

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

Deal involving an antibody asset ‘goes beyond a traditional licensing transaction’, founder and CEO says.

Electric & new energy vehicles

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.

Mainland insurers posted a combined loss of 5.7 billion yuan from underwriting EV policies in 2024. Photo: Reuters
Hong Kong property

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
Made in China 2025

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.

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.

Artificial intelligence

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
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