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A potential buyer discusses a Tesla YL with a staff member in a showroom in Beijing on February 3, 2026. Photo: AFP
Electric & new energy vehicles

Tesla, Xiaomi vie for Chinese EV buyers with cheaper, longer loans

Low interest rates and seven-year payback periods replace price discounts while EV sales drop and materials costs rise.

Hong Kong stock market

Hong Kong stocks gain as tax worries abate, solar sector rallies on Musk plans

Fintech

HKMA launches quantum readiness and cybersecurity projects for banks in AI era

Artificial intelligence

Funding surge powers Chinese robotics firms as focus shifts to humanoid ‘brains’

State-backed funds, Big Tech drive fresh capital into robotics companies, betting on operating systems that underpin humanoid intelligence.

A humanoid robot at the Beijng World of Robots. A new wave of firms is emerging with capital directed towards robotic software and operating systems. Photo: Xinhua
A humanoid robot at the Beijng World of Robots. A new wave of firms is emerging with capital directed towards robotic software and operating systems. Photo: Xinhua
Hong Kong stock market

Hong Kong stocks rise despite losses for tech firms on tax concerns

Baidu, Kuaishou among internet stocks losing ground amid rumours regulators may adjust value-added taxes on the sector.

Hong Kong stock market

Chinese energy drink maker Eastroc’s shares debut flat in Hong Kong

Eastroc, which raised US$1.3 billion in city’s biggest IPO so far this year, draws strong retail demand amid heightened regulatory scrutiny.

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Banking & finance

Chinese gold, silver investors face gut check amid volatility, fund suspensions

Some retreat to the sidelines as another fund suspends new investments and futures plunge, while others remain determined to buy the dip.

A saleswoman adjusts gold jewellery for sale at a shop in Lianyungang, in China’s eastern Jiangsu province, on December 24, 2025. Photo: AFP
A saleswoman adjusts gold jewellery for sale at a shop in Lianyungang, in China’s eastern Jiangsu province, on December 24, 2025. 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.

Hong Kong property

SHKP posts another Sierra Sea sell-out as Hong Kong property rebound strengthens

Fifth consecutive sell-out at Sai Sha development shows recovery gathering pace, with analysts forecasting further price increases ahead.

The latest Sierra Sea offering includes 244 two-bedroom and 106 three-bedroom units. Photo: Edmond So
Banking & finance

China’s yuan finds firmer footing in corporate fundraising efforts

Uses of yuan borrowing broaden to include working capital and capex, supported by Hong Kong’s liquidity boost, bankers say.

Foreign-exchange trends, interest-rate shifts and supply-chain reshaping are all driving greater offshore yuan use, UOB banker says. Photo: Shutterstock
Foreign-exchange trends, interest-rate shifts and supply-chain reshaping are all driving greater offshore yuan use, UOB banker says. Photo: Shutterstock
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.

videocam
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.

Hong Kong stock market

Hong Kong stocks rise for seventh day, briefly cross 28,000 mark

Zijin, CNOOC, PetroChina, Longfor and China Overseas Land lift Hang Seng Index from early slump.

Hong Kong stocks rise for seventh day, Photo: Karma Lo
Hong Kong Monetary Authority (HKMA)

Hong Kong’s Exchange Fund reports record earnings in 2025

The Exchange Fund’s full-year earnings jumped 51 per cent to HK$331 billion (US$42 billion), from HK$218.8 billion in 2024.

The Exchange Fund, Hong Kong’s war chest to defend the local currency, posted stellar returns last year. Photo: Antony Dickson
The Exchange Fund, Hong Kong’s war chest to defend the local currency, posted stellar returns last year. Photo: Antony Dickson
Banking & finance

Hong Kong’s US$8 billion wealth fund eyes fintech, aerospace and AI for growth

The Hong Kong Investment Corporation will use the city’s advantages amid global competition, geopolitical challenges, CEO Clara Chan says.

China manufacturing

Over 70% of European firms in China review supply chain strategies: survey

The findings show how European firms must maintain a delicate balancing act between China’s tight security and focus on self-reliance.

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Mergers & Acquisitions

China’s Anta snags Puma from France’s Pinault family in US$1.8 billion deal

China’s largest sportswear firm is acquiring 29 per cent to become Puma’s biggest shareholder while strengthening its global expansion.

The acquisition of Puma will accelerate Anta’s multi-brand globalisation strategy, according to the Chinese sportswear brand. Photo: Reuters
The acquisition of Puma will accelerate Anta’s multi-brand globalisation strategy, according to the Chinese sportswear brand. Photo: Reuters
Hong Kong stock market

Upbeat China industrial profit data lifts Hong Kong stocks for a fifth day

Profit at China’s industrial firms rose 5.3 per cent year on year in December, versus a drop of more than 13 per cent in November.

Electric & new energy vehicles

Xpeng targets overseas sales surge in 2026 as China EV battle goes global

Guangzhou-based EV maker targets more than 90,000 overseas deliveries this year amid fierce competition at home.

Robotics

China’s Eyou opens world’s first automated line for humanoid robot joints

Manufacturer adds line in anticipation of surge in global demand for humanoid robots, with one estimate projecting 100,000 shipments by 2027.

Eyou supplies domestic humanoid robot makers, including AgiBot. Photo: AFP
Hong Kong stock market

Hong Kong stocks search for direction amid geopolitical concerns

Gold crosses US$5,000 for the first time amid mounting geopolitical uncertainty and growing investor aversion to major currencies.

Bull statues are seen outside the Hong Kong stock exchange. Photo: Reuters
Bull statues are seen outside the Hong Kong stock exchange. Photo: Reuters
Banking & finance

US asset manager Federated Hermes moves ahead with Hong Kong office plan

Office in city is ‘vital’ to service financial institutions ‘where they’re seeing a lot of their growth’, executive says.

Banking & finance

UBS, Citigroup, Morgan Stanley boost bonus for investment bankers by 20%

Fundraising on the Hong Kong stock exchange reached US$37.22 billion last year, the highest since US$42.97 billion in 2021.

Electric & new energy vehicles

Chinese carmaker BYD chases 24% export growth with new models, more showrooms

Shenzhen-based company expects to sell 1.3 million cars this year outside mainland China.

Cars unloaded from the ship BYD Changzhou await further movement at a port in Argentina on January 19, 2026. Photo: AFP
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