-

China Insider

Leung Chuen-yan, partner for healthcare investment at Value Partners Group. Photo: Edmond So

China Business

Exclusive | China challenges US in AI drug race, but rivals still reliant on each other

While US biotech firms increase use of Chinese clinical data, Chinese firms need US counterparts for monetisation, investor and scientist says.

Citic Securities claims top spot in Asia-Pacific investment banking for 2025

China’s new drug insurance: lifeline for patients or squeeze on big firms?

Banking & Finance

Yuan rapidly gaining ground as Chinese firms plot global expansion

Yuan’s use in cross-border payments rose 14 per cent year on year to 35 trillion yuan (US$4.9 trillion), according to the People’s Bank of China.

The yuan is the world’s third-largest trade finance currency after the US dollar and the euro, according to a report by the China Banking Association. Photo: Shutterstock
The yuan is the world’s third-largest trade finance currency after the US dollar and the euro, according to a report by the China Banking Association. Photo: Shutterstock

Banking & Finance

China’s market regulator appears in public after resignation report

The CSRC issued a statement and posted photos of Wu Qing in meetings hours after a report said he had sought to resign for health reasons.

China Business

Luxury and lifestyle giants signal confidence in China’s consumer recovery

L’Oréal and Lululemon lead a wave of foreign firms vowing fresh investment at Shanghai’s import expo, betting on a recovering luxury market.

Advertisement
Advertisement
Advertisement

Banking & Finance

Exclusive | Hong Kong’s financing future hinges on adapting to China’s hi-tech pivot: Huatai

To capitalise on the surge of hi-tech and biotech IPOs, Hong Kong introduced a slew of measures to speed up the listing process.

Wang Lei, CEO of Huatai Financial Holdings. Illustration: Lau Ka-kuen
Wang Lei, CEO of Huatai Financial Holdings. Illustration: Lau Ka-kuen

Banking & Finance

Global giants pivot investments to China’s new-economy sectors: HSBC co-CEO

Global firms are ‘positioning China as a global market for driving innovation, consumption and growth’, HSBC co-CEO David Liao says.

Business

Akeso shares slump despite second China approval for lung cancer drug

Chinese regulator grants second approval for lung cancer drug ivonescimab, which has outperformed Merck’s Keytruda in phase three trial.

China Business

Trump’s tariffs: will Chinese pharmaceutical industry feel the pain?

With biotech firms caught in the crosshairs of Trump’s tariffs, the levy could prove to be a boon for domestic producers but a bane for exporters.

videocam
6
Employees of Jiangxi Banbiantian Pharmaceutical pack medicines at the company’s plant in Jiangxi province. Photo: VCG via Getty Images

United States & Canada

US demands EU antitrust chief clarify rules reining in Big Tech

US lawmaker demands EU antitrust chief clarify how the Digital Markets Act targets US tech giants.

4
The EU’s Digital Markets Act sets out a list of dos and don’ts for tech companies. Photo: AFP
The EU’s Digital Markets Act sets out a list of dos and don’ts for tech companies. Photo: AFP

China Business

Shanghai aims for China’s carmaking crown with Toyota plant

The Japanese carmaker plans to tap the local supply chain, logistics network and talent pool to produce Lexus-branded EVs from 2027.

videocam

Hong Kong

HK Express pulls 2 blind people from flight, Hong Kong campaign group urges inquiry

Travellers, 34 and 27, ordered off plane before take-off for Tokyo, told by crew member they could not fly for ‘safety reasons’.

14

China Business

Swire to turn Zhangyuan’s shikumen into Shanghai’s Covent Garden

Zhangyuan biggest draw is its 43 blocks of shikumen buildings, the Shanghai architectural style that blended Western style with Chinese aesthetics.

A cluster of traditional shikumen buildings sitting in the middle of Shanghai’s most famous shopping street Nanjing Road West, where Swire Properties and Jing’an Real Estate Group will open a high-end retail-residential-art complex in the rejuvenated century-old Zhangyuan. Photo: Swire Properties

Policy

China to punish unauthorised data sharing with overseas law enforcement

Clause will fine Chinese companies for sharing data without permission but also shields them from foreign pressure.

13
China wants to beef up its data defences against the effects of US Long Arm jurisdiction. Photo: SCMP
China wants to beef up its data defences against the effects of US Long Arm jurisdiction. Photo: SCMP

Companies

Exclusive | China’s global asset shoppers brace for haircuts in forced fire sales

Companies

Macroscope | Healthier, more sustainable Chinese economy should present more opportunities

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
OPINION
Jane Lee

Opinion | Why Hong Kong must be careful about cutting university funding

Jane Lee
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement