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Sun Hung Kai Properties’ Sierra Sea residential development in Sai Sha. Photo: Edmond So
Hong Kong property

SHKP, Hong Kong’s bellwether developer, posts 36% jump in first-half net profit

The company plans to launch many new residential projects over the next 10 months, including the second phase of Cullinan Harbour in Kai Tak.

China technology

China computing tech stalwarts Hygon, Sugon post revenue surge amid AI boom

Artificial intelligence

Nvidia reports record earnings quarter as China’s H200 sales freeze persists

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Mergers & Acquisitions

CK group to sell 100% stake in UK electricity operator for US$14.2 billion

Shares of group’s Hong Kong-listed entities rally on plan to sell UK Power Networks to French utility Engie.

Vehicles from electricity distributor UK Power Networks on an English street. Photo: Shutterstock Images
Vehicles from electricity distributor UK Power Networks on an English street. Photo: Shutterstock Images
Artificial intelligence

Xiaomi deepens push into chips and AI as peers race to develop humanoid robotics

Xiaomi bets big on core technologies, including operating systems, to position itself as a deep-tech player amid China’s self-reliance push.

Banking & finance

HSBC to boost spending in Hong Kong, other high-growth markets to US$1.8 billion

HSBC reported a 7 per cent profit drop, but shares rose on its CEO’s comments on higher return goals, steady dividends and new growth plans.

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SFC

SFC moves to freeze assets of 3 insider traders who have left Hong Kong

Former HKEX listing division staffer and two relatives used confidential information to trade shares between 2020 and 2025.

Hong Kong’s Securities and Futures Commission is committed to ensure compensation for affected investors. Photo: Shutterstock
Hong Kong’s Securities and Futures Commission is committed to ensure compensation for affected investors. Photo: Shutterstock
Electric & new energy vehicles

China’s Geely bets on longer-range, faster-charging tech over fresh EV price war

‘We promise to compete based on technology, quality, brand, service and corporate ethics,’ Geely Auto CEO says.

China stock market

China’s top court backs legal action against corrupt firms amid equity rally

The court’s initiative marks ‘a positive sign that the market would sustain its upward momentum’, hedge fund manager Zhou Ling says.

Artificial intelligence

AI apps soar in China as Lunar New Year giveaway battle boosts user growth

Tech firms score win as AI assistants become part of holiday consumption – from buying food and booking travel to planning entertainment.

Alibaba’s AI app Qwen saw nearly 200 million orders placed during the holiday period. Photo: Reuters
Banking & finance

Standard Chartered’s 2025 profit jumps 16% buoyed by wealth management growth

The London-based bank’s underlying pre-tax profit stood at US$7.9 billion last year, versus a gain of US$6.8 billion in 2024.

Standard Chartered Bank is one of Hong Kong’s three note-issuing banks. Photo: Nathan Tsui
Standard Chartered Bank is one of Hong Kong’s three note-issuing banks. Photo: Nathan Tsui
China’s private sector

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

Deal involving an antibody asset ‘goes beyond a traditional licensing transaction’, founder and CEO says.

Electric & new energy vehicles

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

Chinese insurers are turning to AI as the technology cuts labour costs and enhances pricing accuracy.

Hong Kong property

Hong Kong home sales head for 22-year high as developers test price resilience

Deep discounts that were offered by developers to reduce unsold inventory may be a thing of the past, analysts say.

Aerial view of residential buildings in Tseung Kwan O. Photo: Sam Tsang
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.

The combined daily production capacity of ibuprofen and paracetamol in China surged fourfold to 202 million tablets by late December 2022. Photo: Shutterstock
The combined daily production capacity of ibuprofen and paracetamol in China surged fourfold to 202 million tablets by late December 2022. Photo: Shutterstock
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.

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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Banking & finance

HK$10,000 bonus, extra day off: Hong Kong banks reward staff returning to work

Bank of China (Hong Kong) is giving away hampers, ZA Bank is paying a HK$10,000 bonus, while HSBC and Hang Seng are offering HK$500.

Banks in Hong Kong are offering generous return-to-work lai see packets and gifts to their employees. Photo: Jelly Tse
Banks in Hong Kong are offering generous return-to-work lai see packets and gifts to their employees. Photo: Jelly Tse
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.

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.

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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Heineken beers are becoming a popular choice for stay-at-home drinkers in China, according to the end of year sales results. China was one of the top three contributors to Heineken’s net profit in 2025. Photo: Reuters
Electric & new energy vehicles

Ford plans US$30,000 budget EV line to take on Chinese rivals

Ford shrinks battery size while extending driving range in bid to launch the new EV by 2027 for the same price as a conventional petrol car.

Ford CEO Jim Farley has called Chinese competition an “existential threat”. Photo: AP
Ford CEO Jim Farley has called Chinese competition an “existential threat”. Photo: AP
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.

Hong Kong stock market

Chow Tai Fook-linked firms set for record US$192 million hit in Giordano case

Hong Kong watchdog says share dealings dating back to 2016 triggered a mandatory offer obligation.

The logo of the Securities and Futures Commission (SFC) is seen at its office in Quarry Bay. Photo: Yik Yeung-man
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