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China economy
Alibaba’s Spring Festival campaign will be launched across its ecosystem that includes shopping platform Taobao and on-demand retail and food-delivery service Shangou. Photo: Simon Song
Artificial intelligence

Alibaba’s Qwen ramps up AI app race with Spring Festival giveaway blitz

Alibaba unveils US$432 million campaign to push mass-market adoption of its AI as rivalry with Tencent, Baidu and ByteDance intensifies.

Banking & finance

Gut-check time: how Chinese gold and silver investors assess the volatility

Electric & new energy vehicles

Chinese EV makers’ shares skid as sales slide after tax incentive ends

Artificial intelligence

China’s AI labs race to debut latest models before Lunar New Year

More firms expected to follow Alibaba and Moonshot with model releases, as the festival becomes a key period to establish visibility.

A mobile phone’s screen shows the logo of China’s Zhipu AI in Beijing on January 21, 2026. Photo: AFP
A mobile phone’s screen shows the logo of China’s Zhipu AI in Beijing on January 21, 2026. Photo: AFP
Hong Kong stock market

Hong Kong stocks drop by most since November, led by mining, telecoms

Telecommunications firms drop after Chinese authorities raise value-added taxes, denting profit expectations.

IPO

Hong Kong back in global IPO spotlight after strongest January in years

IPO pipeline swelled in January, with listing applications tripling year on year and proceeds reaching their second highest level on record.

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Semiconductors

Nvidia’s Jensen Huang urges TSMC to expand capacity amid AI chip crunch

Taiwan trip highlights supply chain strains, with Huang saying Nvidia alone could potentially require TSMC to more than double its capacity.

TSMC is doing an incredible job, says Nvidia CEO Jensen Huang, right, who is seen with TSMC CEO C C Wei in Taiwan. Photo: Reuters
TSMC is doing an incredible job, says Nvidia CEO Jensen Huang, right, who is seen with TSMC CEO C C Wei in Taiwan. Photo: Reuters
International Property

Chinese firms are scoping out overseas property. What is catching their eye?

With residential development on the wane, Chinese firms are investing in smart city, logistics and new energy projects, Knight Frank says.

Robotics

‘Optimus chain’: Chinese suppliers form backbone of Tesla’s humanoid robot plans

Tesla’s pivot to producing humanoid robots is expected to engage a network of key Chinese component makers.

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Sweden

Multinationals race into China’s US$143.9 billion instant retail market

Ikea, Continental and Aldi Nord enlist local partners to launch faster, more comprehensive delivery services than they offer abroad.

Meituan delivery riders gather during a break in a commercial district in Chongqing, China, on November 21, 2025. Photo: Getty Images
Pop Mart

Labubu toymaker Pop Mart picks London as European headquarters in overseas push

CEO Wang Ning reveals firm’s latest expansion plan at Friday’s closed-door meeting with UK Prime Minister Keir Starmer.

A shopper walks inside a Pop Mart store in London on May 21, 2025. Photo: Xinhua
A shopper walks inside a Pop Mart store in London on May 21, 2025. Photo: Xinhua
E-commerce

China slaps US$3.7 million fine on Kuaishou for live-streaming e-commerce breach

The penalty reflects a broader regulatory crackdown on content and operations deemed undesirable or harmful on Chinese online platforms.

Semiconductors

China’s Wingtech, owner of Nexperia, expects wider loss amid row over chipmaker

Wingtech projects a loss of up to US$1.9 billion in 2025, owing to the Dutch government’s takeover of Nexperia.

Semiconductors

Profits rise for China’s semiconductor firms on AI boom, tech self-reliance push

Domestic A-share companies in the sector are forecast to achieve substantial growth in their 2025 results, according to Donghai Securities.

The results reflect investors’ sharpened focus on stocks related to integrated circuits, semiconductor manufacturing equipment and storage solutions. Photo: Shutterstock
China manufacturing

China’s factory activity contracts in January on weak domestic demand

The official purchasing managers’ index drops to 49.3 in January, from 50.1 in December.

A worker is seen on a wire harness production line at an electronics factory in Shangqiu, a city in central Henan province, on January 27, 2026. Photo: Xinhua
A worker is seen on a wire harness production line at an electronics factory in Shangqiu, a city in central Henan province, on January 27, 2026. Photo: Xinhua
Semiconductors

Chinese firms set for market growth as the global memory super cycle heats up

Eye-watering DRAM prices are bad news for consumers and smartphone brands, but present an opportunity for Chinese firms led by CXMT and YMTC.

Artificial intelligence

China tech giants ByteDance and Alibaba to ramp up AI infrastructure efforts

The two firms’ actions are poised to further intensify the global AI arms race.

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China property

Hang Lung flags ‘tough slog’ for property, looks to mainland malls for growth

Hong Kong developer says property segment recovery will be slow, but sees mainland retail and consumption offering the clearest upside.

Hong Kong developer Hang Lung is pinning its hopes on an uptick in mainland consumption. Photo: AFP
Hong Kong developer Hang Lung is pinning its hopes on an uptick in mainland consumption. Photo: AFP
Smartphones

China gives Apple ‘best iPhone quarter in history’ with 38% revenue growth

Sharp recovery is a ‘most surprising result’ amid ‘aggressive competition from domestic brands like Huawei’, IDC analyst says.

Electric & new energy vehicles

How Tesla’s AI shift is prompting Chinese rivals to expand tech offerings

As Tesla diversifies into humanoid robots and self-driving cars, its Chinese competitors are also moving into flying cars, robots and chips.

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Hong Kong stock market

Hong Kong stocks end 7-day rally as investors resort to profit-taking

Despite the setback, the Hang Seng Index is set for its best monthly performance since September 2025.

Exchange Square in Central is the home of Hong Kong’s bourse operator Hong Kong Exchanges and Clearing. Photo: Nathan Tsui
Artificial intelligence

China’s cloud giants race to support Moltbot, the ‘AI that actually does things’

Hyperscalers embrace the AI agent, which can execute tasks without step-by-step instructions, but privacy concerns loom large.

The global AI industry is moving towards developing AI agents capable of autonomously executing tasks on behalf of users. Photo: Shutterstock
The global AI industry is moving towards developing AI agents capable of autonomously executing tasks on behalf of users. Photo: Shutterstock
Semiconductors

Alibaba’s T-Head unit unveils details of AI chip designed to rival Nvidia’s GPUs

The launch of the Zhenwu 810E marks the latest initiative by China’s Big Tech firms to develop a domestic alternative to Nvidia’s AI chips.

Semiconductors

ASML reports heated global demand in 2025, but cools China outlook

US limits on ASML’s China trade continue to define the company’s growth pattern, with overall sales up despite China revenues falling.

IPO

3 Chinese firms add to Hong Kong’s IPO boom with US$2 billion in fundraising

Muyuan Foods, Shenzhen Han’s and Distinct Healthcare started taking orders for their Hong Kong listings on Thursday.

Muyuan Foods, the world’s largest hog firm, plans to sell about 274 million new shares at up to HK$39 each. Photo: Shutterstock
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