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Alibaba plans to spin off and list its T-Head chip arm. Photo: Handout
Semiconductors

Alibaba prepares potential spin-off, listing of chip unit T-Head

The wholly owned chip unit will first be restructured into a separate business partly held by employees, Bloomberg reported, citing sources.

Mainland China

Watson pivots to ‘instant retail’, community stores to revitalise China sales

Artificial intelligence

China’s ‘infrastructure first’ effort a major edge in AI arms race: Davos panel

Apple

Apple cuts prices for Lunar New Year as competition heats up in mainland China

Apple offers discounts on iPhones, MacBook and other products – its second promotion in a month ahead of the holiday.

Apple led the smartphone market in mainland China with a 22 per cent share in the fourth quarter of 2025. Photo: AFP
Apple led the smartphone market in mainland China with a 22 per cent share in the fourth quarter of 2025. Photo: AFP
Banking & finance

Chinese banks join the space race with satellite launches and rocket backing

As China seeks new engines of growth, finance is emerging as an unexpected backer of the country’s commercial space ambitions.

Hong Kong stock market

Hong Kong stocks hold up on claimed Greenland deal, Japanese bond rebound

Global sentiment for risk assets jumps after US President Donald Trump touts framework agreement on Greenland.

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Commodities

China unveils 18-point plan to boost global non-ferrous metals pricing power

The move is aimed at strengthening the links between the futures, spot and derivatives markets for non-ferrous metals and Shanghai’s role.

Currently, 11 non-ferrous metals futures contracts and 10 options, including copper, are listed on the Shanghai Futures Exchange. Photo: Reuters
Currently, 11 non-ferrous metals futures contracts and 10 options, including copper, are listed on the Shanghai Futures Exchange. Photo: Reuters
Electric & new energy vehicles

China’s flying car makers aim for deliveries this year as passenger use nears

China’s ‘low-altitude economy’ is shifting from concept demos to commercial planning amid surging orders.

Artificial intelligence

China-founded Shanda’s AI lab boosts Singapore operation, pulling China research

MiroMind asks some staff in Shanghai to relocate and continue their AI research work in Singapore, sources say.

Low-altitude economy

Shanghai to open ‘free-to-fly’ zones covering 46% of city for consumer drones

From February 1, consumer drones will be allowed to fly in designated airspace under new rules to boost the city’s low-altitude economy.

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A drone flies over The Bund in central Shanghai in the evening. Photo: Shutterstock
Artificial intelligence

Beijing outlines tech push with focus on AI, 6G, humanoid robots

Tech ministry’s plan targets breakthroughs in AI models, agents and chips, as well as AI’s spread into diverse sectors.

A child interacts with a robot at a store in Shenzhen, in south China’s Guangdong province, on January 16, 2026. Photo: Xinhua
A child interacts with a robot at a store in Shenzhen, in south China’s Guangdong province, on January 16, 2026. Photo: Xinhua
E-commerce

China fines e-commerce firm PDD for tax violations amid probe

Operator of leading online retail platform was cited for failure to comply with Shanghai’s tax requirements.

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Hong Kong stock market

Hong Kong stocks trade rangebound on Japan bond rout, Greenland unease

Signs emerge that the flare-up of geopolitical tensions could spill over to the financial markets.

Semiconductors

Memory chip crunch to persist even as Samsung, SK Hynix, Micron boost production

Major vendors are scrambling to expand production, but the scarcity of general-purpose memory chips is forecast to continue well into 2027.

The global shortage of commodity memory chips is not expected to be addressed any time soon. Photo: Shutterstock
Biomedicine: Industry Trends

Harbour BioMed stake in US drug developer shows Chinese firms’ growing clout

Latest example of Chinese drug maker acquiring equity in overseas partner shows they are becoming true development partners, analysts say.

Global drug companies no longer view Chinese firms as contract manufacturers, but as development partners, an analyst says. Photo: Shutterstock
Global drug companies no longer view Chinese firms as contract manufacturers, but as development partners, an analyst says. Photo: Shutterstock
Semiconductors

China Telecom develops MoE models trained entirely on Huawei’s AI chips

The state-owned telecoms network operator trains its TeleChat3 models on Huawei’s Ascend 910B chips.

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China's space programme

China’s commercial space sector soars with 50 launches in 2025

Commercial launches accounted for 54 per cent of the total last year, data from China National Space Administration shows.

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Electric & new energy vehicles

Chinese EV makers’ outlook overseas improves as Europe levels the playing field

Europe’s 33 per cent EV sales growth outpaces the mainland in 2025, while Germany launches a US$3.5 billion subsidy programme.

A BYD Seal is displayed at the Brussels Motor Show on January 9, 2026. Photo: EPA
A BYD Seal is displayed at the Brussels Motor Show on January 9, 2026. Photo: EPA
HKEX

New energy, AI, EV and biotech to drive Hong Kong IPO growth: HKEX

11 companies raised US$4 billion in Hong Kong in the first three weeks of 2026, with hundreds more lining up to list, Bonnie Chan says.

China consumption

China targets hi-tech industries, household spending in 2026 with policy package

Beijing announces support for small businesses and the tech sector, after 2025 economic data shows heavy reliance on exports.

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Hong Kong stock market

Labubu maker Pop Mart surges after buy-back in show of confidence

Repurchase signals management’s confidence and healthy balance sheet, analysts say, though stock remains 40 per cent below last year’s peak.

Investors have welcomed Pop Mart’s move. Photo: Xinhua
IPO

China’s Busy Ming to test investor appetite with Hong Kong IPO

Snack and drink retailer aims to raise up to US$428 million, but listing plan comes amid weak mainland domestic demand.

Hong Kong’s IPO market has had a record January with 11 new listings raising more than US$4.3 billion. Photo: Nora Tam
Hong Kong’s IPO market has had a record January with 11 new listings raising more than US$4.3 billion. Photo: Nora Tam
China technology

China’s nuclear fusion start-ups power up with record funding round

Startorus Fusion raised US$143 million, a record for a private firm, while Supermag New Energy received ‘several hundred million yuan’.

Hong Kong stock market

Hong Kong stocks cap longest slide in 2 months on China slowdown

Investors hold off on bets after reports show fourth-quarter growth decelerated and property prices continued to slide.

Made in China 2025

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.

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