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A China Eastern Airlines flight takes off from Shanghai Hongqiao International Airport. Photo: Xinhua
Artificial intelligence

Alibaba opens Qwen app to partners with China Eastern Airlines tie-up

Company pledges more partnerships to expand the agentic capabilities of its flagship consumer chatbot app.

China stock market

Asian, emerging-market funds rotate into China and Taiwan stocks: HSBC

Electric & new energy vehicles

China’s low-cost EVs to be fitted with lidar systems, usually saved for lux cars

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Banking & finance

Biotech-led boom as 8 China firms flock to Hong Kong’s thriving stock market

AI-powered drug developer Metis TechBio leads group that includes developers of autonomous driving technology and industrial robots.

Healthcare led liquidity growth on the Hong Kong stock market over the past decade, with trading turnover for the sector surging more than 11-fold between 2015 and 2025. Photo: Shutterstock
Healthcare led liquidity growth on the Hong Kong stock market over the past decade, with trading turnover for the sector surging more than 11-fold between 2015 and 2025. Photo: Shutterstock
China’s private sector

How China’s ‘landmark’ drug pricing guidelines could be a boon for biotech

State Council calls for ‘value-based pricing’ for innovative drugs, a move researchers said would benefit private healthcare players.

Hong Kong stock market

Hong Kong stocks drop as war uncertainty lingers after ceasefire extension

Investors need more conviction about material progress on a ceasefire and the normalisation of oil flow, investor says.

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Electric & new energy vehicles

CATL to supercharge China’s EV sector with revamped battery tech

World’s largest EV battery producer reveals third-gen product that charges in under six and a half minutes, easing drivers’ range anxiety.

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People look at a model of CATL’s Chocolate 26# Battery during the CATL Tech Day event ahead of the Beijing Auto Show in Beijing on April 21. Photo: AFP
People look at a model of CATL’s Chocolate 26# Battery during the CATL Tech Day event ahead of the Beijing Auto Show in Beijing on April 21. Photo: AFP
Banking & finance

Hong Kong IPOs lure mainland China insurers seeking higher returns

Beijing’s emphasis on patient capital and market stability spurs mainland China’s insurers to channel funds into Hong Kong listings.

Banking & finance

Greater China private equity set for patchy recovery, modest fundraising boost

China’s private equity market recovers selectively amid geopolitical tensions, with yuan funds leading and exits reaching record highs.

E-commerce

Hidden office, fractured bone: violent clashes in China’s food safety crackdown

Details of secrecy, obstruction and violence emerge from a probe into 67,000 ‘ghost’ bakeries across China’s biggest e-commerce platforms.

Regulators have imposed the heaviest fine of 1.51 billion yuan on PDD and suspended it from adding new bakery merchants for nine months. Photo: Reuters
Hong Kong stock market

Premium for mainland China shares erodes or flips as Hong Kong draws capital

In the case of ‘hard’ technology firms like CATL and GigaDevice Semiconductor, the A-H premium becomes an H-A premium.

An index tracking the long-standing premium for A shares over H shares is down significantly from a February 2024 high. Photo: Jelly Tse
An index tracking the long-standing premium for A shares over H shares is down significantly from a February 2024 high. Photo: Jelly Tse
China stock market

Outlook for China stocks brightens on capital flows, rebounding home prices

Resilience shown since start of Middle East war likely to continue amid haven demand, according to fund managers and investment banks.

Electric & new energy vehicles

Jump in EU EV sales amid Iran war boosts Chinese brands’ fortunes

Chinese-made EVs accounted for 16 per cent of the EU market in the year’s first two months, up from 12.2 per cent in 2025, CPCA data shows.

Artificial intelligence

Huawei launches AI glasses as China battle for smart wearables intensifies

Huawei’s debut adds momentum to China’s booming smart eyewear market, which saw shipments surge 35-fold in 2025.

Huawei’s new AI eyewear weighs 35.5 grams and features various functions ranging from voice interaction to payments. Photo: Handout
ByteDance

ByteDance profit plunges on AI push as TikTok Shop fuels overseas surge: reports

‘All-in’ AI drive cuts profits by 70 per cent, while booming TikTok Shop sales help overseas markets outpace China, reports say.

ByteDance recorded its first profit decline in years after adopting an “all-in” mentality on AI. Photo: Getty Images
ByteDance recorded its first profit decline in years after adopting an “all-in” mentality on AI. Photo: Getty Images
Banking & finance

Hong Kong well positioned to attract global capital amid geopolitical shifts

Hong Kong is attracting global investors seeking stability as interest grows in its financial markets, FSDC officials say.

Banking & finance

Orient Securities buyout to create US$85b brokerage amid consolidation push

Regulators are pressing ahead with their drive to nurture world-class investment banks through mergers and acquisitions.

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Electric & new energy vehicles

China’s Hesai adds colour to lidar to help EVs level up in self-driving

Colour-capable sensors to ‘significantly enhance’ sensing, helping cars identify traffic lights, construction signs, Deutsche Bank says.

Sun Kai, Hesai Group executive director, co-founder, and chief scientist, explains the company’s 6D technology on April 17, 2026 in Shanghai. Photo: Handout
Sun Kai, Hesai Group executive director, co-founder, and chief scientist, explains the company’s 6D technology on April 17, 2026 in Shanghai. Photo: Handout
Banking & finance

Hong Kong reasserts role as safe haven in global finance amid Iran conflict

The city’s safe-harbour appeal for capital and investments grows as China’s support strengthens its edge while Dubai faces pressure.

Banking & finance

Cash holdings rise amid war, but Asia remains key for wealthy: Schroders CEO

High-net-worth clients continue to seek opportunities in Asia, taking a longer-term view despite global uncertainties, Richard Oldfield says.

Artificial intelligence

‘State-of-the-art’ models can struggle with basic office work, says AI executive

Advanced AI can ace Olympiad maths yet falters in routine office tasks as enterprises turn to smaller models for everyday use: David Meyer.

While advanced models such as Anthropic’s Claude are powerful at coding, they could lag in tasks like data engineering compared with models with significantly more specialised training and data in this area, according to an AI unicorn executive. Photo: DPA
China’s private sector

Chinese drug makers take on Western dominance in US$16 billion Parkinson’s race

The future of treating brain diseases could lie in non-invasive technologies, according to Chongqing Haifu Medical Technology.

Hong Kong’s Tuen Mun Hospital has for the first time in the city used a non-invasive ultrasound procedure to treat a Parkinson’s disease patient with uncontrollable tremors. Photo: Handout
Hong Kong’s Tuen Mun Hospital has for the first time in the city used a non-invasive ultrasound procedure to treat a Parkinson’s disease patient with uncontrollable tremors. Photo: Handout
Artificial intelligence

Asia’s supply chains could give it edge over US in AI race: Granite Asia’s Foo

Asia’s industrial ecosystem could deliver faster deployment of robotics and embodied AI systems, veteran venture capitalist says.

China’s private sector

China’s drug makers are speeding up – will AI be their secret weapon?

Chinese biotech firms are striking big global deals as drug makers, but could artificial intelligence take them to the next level?

US-China tech war

Chinese LED chipmaker’s purchase of Dutch firm collapses after US opposition

The failed Lumileds deal highlights the growing hurdles Chinese tech firms face in overseas acquisitions under tightening US policy.

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A worker produces LED chips on a production line in China’s Jiangsu province. Photo: Getty Images
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