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China Business
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China economy
Artificial intelligence
Chinese expert calls for world models and safety standards for embodied AI
Turing Award winner Andrew Yao says embodied AI needs reasoning, planning and control in one framework.
1 hour ago
Mainland China
China-led Asia-Pacific lifts global aviation outlook as profits set to soar
1 hour ago
Artificial intelligence
Why Nvidia chip is unlikely to derail ambitions of China’s Huawei, Moore Threads
2 hours ago
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US-China tech war
Kimi developer Moonshot shows China’s growing AI depth: US government report
Washington’s evaluation highlights an increasing number of Chinese companies developing world-leading open-weight AI models, not just DeepSeek.
3 hours ago
Moonshot’s flagship Kimi K2 Thinking model has stunned the global AI community with its impressive writing skills. Photo: Shutterstock
Volkswagen
Can Volkswagen regain its China market share with its US$3.5 billion bet?
Volkswagen, which once had 50 per cent of China’s vehicle market, has invested €3 billion in its largest R&D centre outside its home country in Hefei.
5 hours ago
Electric & new energy vehicles
Xpeng steps up ‘go global’ drive with Malaysian assembly hub for Southeast Asia
The Guangzhou-based company said it would partner with Malaysia’s EP Manufacturing to locally assemble intelligent EVs.
4 hours ago
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Commodities
Chinese mining giant CMOC buys four Brazilian gold mines to expand
CMOC will own the Aurizona, RDM, Fazenda and Santa Luz mines, with 8 tons of combined annual gold output.
15 Dec 2025 - 12:55PM
Gold seams at the Al-Amar Gold Mine, 195 kilometre southwest of the Saudi capital Riyadh on May 28, 2008. Photo: AFP
Hong Kong stock market
Hong Kong stocks slide after China data shows growth running out of steam
China’s November retail sales miss estimates, while falling housing prices show no signs of slowing down.
5 hours ago
United States
China’s AI sector poised for growth despite US restrictions: venture capitalist
China’s AI sector gains confidence with DeepSeek’s emergence, but tech ecosystem needs to improve, GSR United Capital’s Zhou Qi says.
6 hours ago
Electric & new energy vehicles
China’s Geely Auto raises bar on car safety with world’s largest test centre
Carmaker expands testing to 27 categories at Ningbo facility to prioritise safety over discounts in a crowded market.
15 Dec 2025 - 8:30AM
Hong Kong property
With luxury absent, new entrants steady Hong Kong retail property
Newcomers from across Asia and Europe take advantage of cheaper rents while big-ticket brands delay major commitments.
15 Dec 2025 - 7:30AM
Taiwanese brand Nap Tea in Hong Kong. Photo: Handout
China property
Vanke’s bondholders reject payment extension, raising default risk
The rejection in a three-day vote that ended late on Friday gives the developer a grace period of five business days to pay 2 billion yuan of onshore bond.
14 Dec 2025 - 5:00PM
Made in China 2025
China’s Unitree teases platform allowing users to control robots via smartphones
Hangzhou robotics unicorn’s platform is designed to bring embodied intelligence into everyday life.
14 Dec 2025 - 4:49PM
Malaysia
Cold spots are hot tickets as southern Chinese head north to ski
Ski resorts record big visitor increases as high-speed rail and flight expansions bring in those who have tried the sport in indoor venues.
14 Dec 2025 - 12:30PM
Electric & new energy vehicles
China’s EV battery giants wade into shipbuilding to bolster Beijing’s dominance
CATL and Gotion add momentum to China’s efforts to build new-energy vessels amid an accelerated decarbonisation drive.
14 Dec 2025 - 9:00AM
A vessel powered by CATL batteries. Photo: Handout
Artificial intelligence
Sea change: China narrows AI gap with US 3 years after ChatGPT shock
The turning point came when DeepSeek released its V3 and R1 models, which were on par with OpenAI’s GPT and Meta’s Llama models at the time.
14 Dec 2025 - 12:57AM
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Autonomous vehicles
Chinese robotaxi firm Pony.ai bets on ‘asset-light’ strategy for growth
Firm sees working with partners as the best way to expand service in the mainland and beyond.
12 Dec 2025 - 8:00PM
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Banking & finance
Hong Kong needs to attract global champions to broaden fundraising base: FSDC
Think tank urges the expansion of connect schemes to cover a wider range of asset classes and the promotion of digital asset trading.
12 Dec 2025 - 5:30PM
“Hong Kong has every opportunity to shape, innovate and lead,” according to the FSDC. Photo: Sam Tsang
China stock market
‘China’s little Nvidia’ warns of overheating risks after 723% share surge
Moore Threads shares drop 13 per cent on Friday after the GPU maker cautions investors to ‘make decisions prudently and invest rationally’.
12 Dec 2025 - 3:22PM
IPO
China’s generative AI tiger MiniMax pursues Hong Kong IPO to expand global reach
Hong Kong equity market offers platform for mainland Chinese AI firms seeking international investors amid intensifying domestic competition.
15 Dec 2025 - 1:29PM
Hong Kong stock market
Hong Kong stocks advance as traders position for additional growth measures
Investors anticipate further easing on monetary, fiscal and property fronts after Beijing vowed to strengthen domestic market.
12 Dec 2025 - 4:43PM
China stock market
Look beyond AI ‘titans’ for growth stocks, BofA Securities says
Investors should shift focus to AI-driven sectors with more rising stars, under-covered companies and pair-trading opportunities.
12 Dec 2025 - 7:30AM
Sectors with relatively high profitability include semiconductor equipment, printed circuit boards, optical modules, and outsourced semiconductor assembly and testing, according to BofA Securities. Photo: Shutterstock
Artificial intelligence
China’s Xreal to power Google’s Android AI glasses as smart eyewear demand grows
Project Aura, which features dual-chip design and optical see-through lenses, is a fresh example of China’s expanding R&D capabilities.
11 Dec 2025 - 9:00PM
Hong Kong stock market
Hong Kong stocks end flat as traders await policy signals from China conference
Investors look to CEWC for growth target, property sector stabilisation and measures to boost domestic demand.
11 Dec 2025 - 6:05PM
Mergers & Acquisitions
Chinese supercomputer maker Sugon and chip developer Hygon call off merger plans
The aborted merger dashes industry expectations for a major domestic ecosystem covering advanced processors and high-performance servers.
10 Dec 2025 - 9:00PM
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