Advertisement
Advertisement
Business /

Companies

Related Topics:
Banking & finance
Automotive industry
Industrials
Luxury & Gaming
Transport and logistics
A GAC Montx concept car is displayed on the opening day of Auto China in Beijing. Photo: AFP
Electric & new energy vehicles

Lights, camera, traction: China’s EV race rolls out film-projecting headlights

Ultra-fast charging technology and a wave of smart features are helping Chinese EVs win over overseas buyers.

Hong Kong property

Hong Kong homebuyers flock to new launches as flats sell out swiftly

Semiconductors

Samsung, SK Hynix flag record supply squeeze in memory market as AI demand soars

Banking & finance

China’s Big Four banks post stronger earnings as policy lending lifts growth

Strong loan growth to infrastructure and policy-backed sectors helps lift profits, while margins show early signs of stabilising.

China’s largest state-owned banks delivered stronger-than-expected first-quarter earnings. Photo: Shutterstock Images
China’s largest state-owned banks delivered stronger-than-expected first-quarter earnings. Photo: Shutterstock Images
Banking & finance

Standard Chartered’s 19% first-quarter profit jump beats estimates

Wealth management gains support earnings, but margin pressure from lower rates and rising credit costs weigh on overall performance.

Electric & new energy vehicles

Geely joins Chery, BYD in profit slide as China car sales plunge

Three most profitable carmakers last year all report double-digit profit declines, but rosier export forecast improves outlook.

videocam
Advertisement
Advertisement
Advertisement
Banking & finance

Airport Authority issues record HK$19b in bonds amid strong investor demand

Investor participation was predominantly local, with more than 90 per cent from Hong Kong, according to joint bookrunner HSBC.

A general view of Hong Kong International Airport in Chek Lap Kok. Photo: Jelly Tse
A general view of Hong Kong International Airport in Chek Lap Kok. Photo: Jelly Tse
Consumers

Ikea to open first small-format Beijing store to tap changing consumer trends

The Tongzhou district outlet marks the furniture retailer’s pivot to compact formats as China’s property slump hits home-furnishing demand.

HKEX

HKEX posts record quarterly profit, topping forecast as listings, turnover surge

Earnings jump 27 per cent to HK$5.19 billion as global capital continues to seek safe havens and access to Asian growth: CEO Bonnie Chan.

Business of climate change

China Resources Power’s renewable energy arm cleared for Shenzhen IPO

Listing approval for Hong Kong-listed CRP’s unit highlights strong demand for clean energy, driven by China’s long-term decarbonisation targets.

Proceeds will be used to fund the construction of wind and solar projects, according to the company’s prospectus. Photo: Shutterstock
IPO

Chinese industrial robot maker Inovance joins Hong Kong IPO queue

Company aims to enhance internationalisation strategy with listing expected to raise up to US$2 billion.

Staff members work on a production line at Inovance in Nanjing, in east China’s Jiangsu province, on March 17, 2026. Photo: Xinhua
Staff members work on a production line at Inovance in Nanjing, in east China’s Jiangsu province, on March 17, 2026. Photo: Xinhua
BYD

BYD, China’s EV king, posts a 55% slump in first-quarter profit

The company reports a net profit of nearly 4.09 billion yuan (US$590 million) and revenue of 150.2 billion yuan.

videocam
4
Artificial intelligence

DeepSeek mystery: who is speaking for start-up amid CEO Liang Wenfeng’s absence?

Researcher Chen Deli is emerging as DeepSeek’s new public face as speculation over the whereabouts of the company’s founder and CEO lingers.

5
Electric & new energy vehicles

China’s EV and battery makers race to cut charging times to under 10 minutes

Fast-charging technology takes centre stage at the Beijing Auto Show as firms unveil batteries promising unprecedented speed.

Visitors look at a chamber with sub-zero temperatures that showcases battery-charging technology at the Beijing Auto Show. Photo: AP
Hong Kong company reporting season

WuXi AppTec shares surge 14% in Hong Kong after record first-quarter earnings

The Chinese company’s revenue rose nearly 29 per cent to 12.44 billion yuan, while profit surged about 27 per cent to 4.65 billion yuan.

WuXi AppTec’s R&D centre in Shanghai. Photo: CFOTO/Future Publishing via Getty Images
WuXi AppTec’s R&D centre in Shanghai. Photo: CFOTO/Future Publishing via Getty Images
Semiconductors

Photonics chipmaker Lightelligence surges 400% in Hong Kong debut amid AI frenzy

Shanghai-based firm’s IPO reflects mainland China’s push for photonics chips as a fast-growing alternative to conventional semiconductors.

Aviation

Rolls-Royce boosts China presence with engine maintenance venture

The maintenance, repair and overhaul facility in Beijing will be capable of handling up to 250 shop visits per year.

Advertisement
Advertisement
Advertisement
Alibaba

Alibaba gets nod to spin off warehouse park as Reit in logistics pivot

Hong Kong exchange’s approval is first step in plan to list asset on Shenzhen bourse as Beijing encourages Reit listings.

Employees walk past a company logo at the Alibaba office in Beijing on April 1, 2026. Photo: AFP
Employees walk past a company logo at the Alibaba office in Beijing on April 1, 2026. Photo: AFP
Electric & new energy vehicles

Chinese robotaxi firms accelerate global roll-outs as cost edge drives expansion

Pony AI and WeRide harness China’s supply chain strength to cut costs, boost efficiency and scale robotaxi fleets worldwide.

Electric & new energy vehicles

China’s CATL touts landmark energy-storage order for sodium-ion batteries

Deal for massive grid storage system shows that CATL has ‘overcome all the challenges in mass-producing sodium-ion batteries’, company says.

videocam
China’s private sector

WuXi AppTec posts record first-quarter revenue on strong global demand

Earnings top estimates as multinational pharmaceutical firms ramp up investment and partnerships in China.

WuXi AppTec’s first quarter results marked the third consecutive quarter in which revenue remained above the 12 billion yuan mark. Photo: Shutterstock
Pop Mart

Pop Mart comes with a cool idea for red-hot Labubu: mini-fridges

The Chinese toymaker is launching two limited-edition Labubu-themed mini-refrigerators priced at US$878 each.

Labubu plush toys and keychains became popular globally in 2024. Photo: Dickson Lee
Labubu plush toys and keychains became popular globally in 2024. Photo: Dickson Lee
IPO

China’s solar giant Sungrow revives Hong Kong IPO plan amid clean energy boom

Refiled application comes as a cluster of mainland China companies submits listing documents, signalling a pickup in the city’s IPO pipeline.

China’s private sector

Turning cast-offs into cash: China’s Zhuanzhuan looks to Europe, US for growth

From phones to luxury bags, the recycling platform wants to take its ‘trash to treasure’ model global as second-hand demand accelerates.

Electric & new energy vehicles

Li Auto targets BMW and Mercedes with premium SUVs in Middle East, Asia-Pacific

Beijing-based EV maker expects overseas deliveries to account for 30 per cent of its total by 2030, president Ma Donghui says.

Li Auto’s flagship L9 SUV is displayed at the ongoing Auto China in Beijing. Photo: Reuters
Help preserve 120 years of quality journalism.
SUPPORT NOW