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Customers check out an EV at a shopping center in Wuhan, in central China’s Hubei province, on January 14, 2026. Photo: Xinhua
Electric & new energy vehicles

China’s subsidy change adds to EV makers’ stress, while petrol cars gain

Typical subsidy on an EV drops by around US$1,150, changing buyer calculations and exacerbating the sector’s profitability woes.

Banking & finance

SF Holding, J&T strike US$1 billion deal as Asian e-commerce booms

Hong Kong stock market

Hong Kong stocks snap 4-day winning streak as Chinese tech giants falter

Banking & finance

Hong Kong, Shenzhen ‘to deepen’ ties in finance, AI for a world-class tech hub

Post’s China Conference: Greater Bay Area highlights Hong Kong’s role as ‘superconnector’ and ‘super value adder’.

Joseph Chan, undersecretary for Financial Services and the Treasury, says Hong Kong can leverage its strength in financial services to support Shenzhen. Photo: SCMP
Joseph Chan, undersecretary for Financial Services and the Treasury, says Hong Kong can leverage its strength in financial services to support Shenzhen. Photo: SCMP
Electric & new energy vehicles

China-EU tariff agreement on EVs will cut shipments but boost profits

Agreement on price floors will allow mainland carmakers to avoid price wars and nurture brand reputation, analysts say.

Banking & finance

Growth in sovereign investors’ China exposure slows amid political tensions

Inflows fall 58 per cent as sovereign wealth funds grow cautious, yet outlook signals selective opportunities ahead, experts say.

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Hong Kong stock market

Hong Kong stocks advance as investors turn to China amid Middle East uncertainty

Hang Seng Index extends rally as regional markets find support amid rising tensions between the US and Iran.

People walk past Exchange Square in Central, home of bourse operator Hong Kong Exchanges and Clearing. Photo: Nathan Tsui
People walk past Exchange Square in Central, home of bourse operator Hong Kong Exchanges and Clearing. Photo: Nathan Tsui
Made in China 2025

Novartis, SciNeuro deal offers hope for 55 million suffering from Alzheimer’s

SciNeuro’s anti-amyloid programme is one of the firm’s key strategic research and development priorities to target the brain disease.

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Hong Kong stock market

Chipmaker GigaDevice jumps 37% in Hong Kong debut amid China self-reliance push

GigaDevice shares surge as investors chase Beijing’s self-sufficiency theme, with retail demand oversubscribed more than 540 times.

Hong Kong stock market

Hong Kong stocks climb as yuan strengthens and investors broaden focus beyond US

Hang Seng Index advances as investors shift focus, boosting Asian equities, with pharmaceutical and healthcare shares leading gainers.

The yuan hit its highest level since May 2023. Photo: Bloomberg
Made in China 2025

China’s weight-loss drug war: prices slashed up to 80% as obesity crisis worsens

Foreign, local firms fight for market share as number of overweight or obese adults could top 630 million by 2050, from 400 million in 2021.

There were more than 400 million overweight or obese adults in China in 2021, according to a study. Photo: Getty Images
There were more than 400 million overweight or obese adults in China in 2021, according to a study. Photo: Getty Images
China stock market

Yuan rally drives mainland China and Hong Kong stocks to strong 2026 start

History points to more gains as CSI 300 and Hang Seng Index surge during yuan appreciation cycles over the past decade.

IPO

Chinese AI start-up MiniMax shines on Hong Kong IPO debut

The shares jump as much as 113.2 per cent to HK$351.80 before ending the day 109.1 per cent higher at HK$345.

Electric & new energy vehicles

Shanghai steps up oversight of delayed payment practices hurting suppliers

Task force set up to protect supply-chain vendors and stabilise manufacturing amid fierce price wars.

The move comes after Shanghai published its latest action plan to build a world-class business environment. Photo: AFP
Mergers & Acquisitions

China’s Sinopec, CNAF to undergo consolidation, creating energy powerhouse

State Council approves reorganisation between Sinopec and China National Aviation Fuel Group, state asset regulator says.

A Sinopec worker walks past LNG storage tanks in Tianjin, China. Photo: Reuters
A Sinopec worker walks past LNG storage tanks in Tianjin, China. Photo: Reuters
Banking & finance

TCM firms eye Hong Kong IPOs to fuel global expansion

Over the past year, 34 innovation and technology, life and health science companies set up or expanded their operations in Hong Kong.

IPO

3 Chinese AI, robotics stocks gain in Hong Kong debuts

Zhipu AI, Iluvatar CoreX and Edge Medical raised US$1.2 billion in their share offerings.

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Made in China 2025

Chinese biotechs strike a record US$136 billion in out-licensing deals in 2025

Chinese drug makers signed 157 out-licensing deals with global pharmaceutical firms last year versus 94 a year earlier.

Last year, China approved 76 innovative drugs, including 47 chemical drugs and 23 biologics. Photo: Shutterstock
Last year, China approved 76 innovative drugs, including 47 chemical drugs and 23 biologics. Photo: Shutterstock
Electric & new energy vehicles

Xiaomi’s refreshed SU7 turns up the heat on Tesla in China’s EV race

Updated SU7 model offers longer range – more than 900km (560 miles) on a single charge – and other advanced features.

Made in China 2025

Meow or never: China’s pudgy pets spark race for weight-loss drugs

Fosun and Huadong biotech labs eye feline obesity drugs as owners weigh cuteness against health risks.

Electric & new energy vehicles

China’s CATL, Nio deepen partnership to develop extended-life EV batteries

Joint effort highlights urgency as industry – including 40 million EV owners – braces for costly replacements.

The signing represents “a higher level of synergy between the two companies across the whole ecosystem”, according to CATL and Nio. Photo: AFP
Banking & finance

Citic Securities claims top spot in Asia-Pacific investment banking for 2025

Chinese rivals fill out the rest of the top five, while US bank Morgan Stanley comes in sixth.

Citic claimed the crown as the top bookrunner for Asia-Pacific-issued bonds with 6 per cent market share. Photo: Shutterstock Images
Citic claimed the crown as the top bookrunner for Asia-Pacific-issued bonds with 6 per cent market share. Photo: Shutterstock Images
Electric & new energy vehicles

Tesla’s China sales hit record as EV buyers race to beat tax increase

US carmaker’s share of world’s biggest EV market declines to slightly more then 4 per cent amid stern challenge from local rivals.

IPO

MiniMax’s Hong Kong IPO set to hit US$538 million amid Chinese AI sector frenzy

The Alibaba-backed firm is set to price its 25.4 million shares at HK$165 each, the top end of its marketed range, sources say.

Banking & finance

The ‘biology winter’ thaws: why investors are buying Hong Kong’s biotech IPOs

A wave of China out-licensing deals is feeding a biotech comeback in Hong Kong, where IPOs and follow-on placements are surging.

Healthcare firms now account for about a fifth of the more than 300 listing applications in the city. Photo: Shutterstock
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