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A woman checks a pair of Rokid AI glasses during an event in Hangzhou, the capital of eastern Zhejiang province, in November last year. Photo: AFP
Artificial intelligence

Demand for AI eyewear surges during China’s Spring Festival

AI glasses form part of the government’s national subsidy programme, which includes smartphones, tablets and smartwatches.

China’s private sector

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

Electric & new energy vehicles

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

Hong Kong stock market

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.

US President Donald Trump speaks during a press briefing at the White House on February 20, 2026, following the Supreme Court’s ruling that his tariffs exceeded his authority. Photo: Reuters
US President Donald Trump speaks during a press briefing at the White House on February 20, 2026, following the Supreme Court’s ruling that his tariffs exceeded his authority. Photo: Reuters
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.

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

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.

Hong Kong stock market

Hong Kong stocks fall as market reopens after 3-day Lunar New Year holiday

Tech heavyweights Alibaba, Baidu and Kuaishou drop as trading commences in the Year of the Horse.

China’s private sector

Lab monkey price tag climbs to US$20,000 thanks to China’s biotech boom

The cost of a single monkey exceeds the average annual salary in China and approaches a pandemic-era spike amid growth in drug licensing deals.

Founder Securities expects the annual domestic supply of experimental monkeys in China to range between 49,000 and 52,400 animals from 2025 to 2027. Photo: Shutterstock
Artificial intelligence

Colour matters: how AI is changing car premiums and services in China

Car colour, driving habits and location influence insurance premiums, according to a digital solutions provider using ByteDance’s AI model.

Rush hour in Beijing. White vehicles are less likely to be involved in an accident, according to data from a digital solutions provider. Photo: AFP
Rush hour in Beijing. White vehicles are less likely to be involved in an accident, according to data from a digital solutions provider. Photo: AFP
China economy

Budweiser and Heineken face polar opposite fates in China as punters stay home

Beer drinkers in China are veering away from bars and high-end restaurants, instead opting for cheaper stay-at-home options, analysts say.

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China property

Sofa so bad: China’s home-furnishing sector hits a do-or-die stretch

Falling home prices and relentless price competition are forcing small decor firms into a battle for survival.

Semiconductors

China’s tech self-sufficiency progress evident in these 2 companies

GigaDevice and Montage carve a niche in the semiconductor sector, with the global memory supercycle boosting their fortunes further.

Montage and GigaDevice are capitalising on the global memory supercycle, with the industry in the grip of a massive supply crunch. Photo: Shutterstock
Retailing

Sam’s Club cracks China market formula even as foreign retailers shut shop

The warehouse retailer opened 10 new stores in 2025, accelerating expansion in smaller cities like Zhangjiagang and Yangzhou.

Shoppers at Sam’s Club in Hangzhou on February 1, 2026. The retailer has introduced products catering to local tastes in the days leading up to the Lunar New Year holiday. Photo: Weibo
Shoppers at Sam’s Club in Hangzhou on February 1, 2026. The retailer has introduced products catering to local tastes in the days leading up to the Lunar New Year holiday. Photo: Weibo
Hong Kong property

Kerry Properties secures Hong Kong’s latest residential plot for US$177 million

Kerry beat seven bidders for the rights to develop a residential project on the 1,349-square-metre parcel in the Eastern district.

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Banking & finance

Can Hong Kong’s MPF members repeat record gains in Year of the Horse?

Volatility looms in the Year of the Horse, analysts forecast, after the Year of the Snake delivered estimated earnings of US$32 billion.

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Hong Kong stock market

Hong Kong stocks rise to wrap up best lunar-year performance in eight years

As market closes for Lunar New Year, benchmark hits 32 per cent gain since the Year of the Snake began in January 2025.

A sign in Central shows Hong Kong stock information on February 6, 2026. Photo: Jonathan Wong
A sign in Central shows Hong Kong stock information on February 6, 2026. Photo: Jonathan Wong
Hong Kong stock market

Korean investors pour US$92.5 million into Hong Kong AI, tech stocks

Return to mainland equities bends towards start-ups and ETFs, versus earlier focus on bellwether, large-cap names.

Artificial intelligence

Humanoids go mainstream as China’s robotics champions appear at CCTV spectacle

ByteDance, Unitree, RedNote, Bilibili and Kuaishou among the firms involved in the unparalleled nationwide marketing opportunity.

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Pop Mart

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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Illustration: Brian Wang
Meituan

Meituan warns of US$3.5 billion loss amid intense food delivery price war

Food delivery giant expects losses to continue into at least the first quarter of 2026 ‘due to ongoing competition’.

A Meituan drone for food delivery takes off from a drone delivery camp near Shenzhen Bay Park. Photo: VCG/VCG via Getty Images
A Meituan drone for food delivery takes off from a drone delivery camp near Shenzhen Bay Park. Photo: VCG/VCG via Getty Images
Hong Kong stock market

CATL, CMOC Group, Laopu Gold join Hang Seng Index in latest quarterly review

The three companies will be added to the gauge after the market close on March 6, while car dealer Zhongsheng Group will be removed.

Germany

Mercedes to accelerate localisation as China revenue slump hits 2025 profits

Despite a weak outlook, the company unveils a strategy to further localise production in China, introduce AI-based upgrades and launch new models.

Electric & new energy vehicles

Chinese cars now can’t be sold for less than it costs to make them

Regulator bans tactics that result in a net loss per vehicle after a 7 per cent drop in the average car price.

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Cars are lined up for inspection at carmaker Great Wall Motor’s plant in Baoding, in northern China’s Hebei province, on November 24, 2025. Photo: Reuters
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