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The DJI Mavic Pro 2, with an integrated Hasselblad camera, flies towards a forest. Photo: Shutterstock Images

DJI ‘clones’ curiously emerge as China tech giant battles US scrutiny

Similar devices under new and different brands spark questions about potential efforts to circumvent trade curbs and maintain US market access for popular gadgets.

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TikTok US joint venture seen resembling Apple’s China iCloud deal

Wealthy investors propel Hong Kong life insurance sales to another peak

Tech Trends

Computing constraints force China’s Zhipu to restrict AI coding service sign-ups

The issue reflects the challenge faced by Chinese AI firms to expand their businesses amid computing infrastructure constraints.

Zhipu AI’s GLM Coding Plan service was launched in September. Photo: Shutterstock
Zhipu AI’s GLM Coding Plan service was launched in September. Photo: Shutterstock

Business

Nomura banker buys HK$75 million house as Hong Kong luxury market steadies

Villa Rosa purchase comes as top banks strike an upbeat note on Hong Kong’s luxury housing market.

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Aerospace

China’s rocket start-ups push the envelope as IPOs gather pace

A policy-backed push to build commercial space champions is reshaping China’s IPO pipeline, with regulators signalling faster pathways.

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China Business

Labubu maker Pop Mart rallies as new toy, state media spotlight spark confidence

Pop Mart CEO’s rare state media remarks and a hit collectible boost shares as China’s consumer stocks gain momentum.

Wang Ning says Pop Mart will grow alongside generation after generation of consumers. Photo: Handout
Wang Ning says Pop Mart will grow alongside generation after generation of consumers. Photo: Handout

Banking & Finance

China’s Fosun Pharma eyes spin-off Hong Kong IPO of vaccine unit

Fosun Adgenvax (Chengdu) joins an IPO wave that raised more than US$1.5 billion last year for biotech companies.

China Economy

China lets yuan break through 7 per US dollar mark as dollar jitters grow

China’s central bank set the yuan fixing rate at under 7 per US dollar for the first time since mid-2023 as concerns over dollar assets mount.

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China Business

Major foreign carmakers set to stage a comeback in China this year: analysts

Foreign carmakers ‘will fight back because they will have the same products’ as their Chinese rivals, consultancy head Denis Depoux says.

Volkswagen workers seen at an assembly line in the German carmaker’s plant in Qingdao, in eastern Shandong province, on December 23, 2025. Photo: AFP

China Business

Hong Kong stocks rise to 1-week high on China easing hope, US data

Hang Seng Index pares loss for the week after governor of China’s central bank signals more room for policy loosening.

A view of the People’s Bank of China building on March 6, 2025. Photo: VCG via Getty Images
A view of the People’s Bank of China building on March 6, 2025. Photo: VCG via Getty Images

China Business

Global funds, from BlackRock to Temasek, back China’s largest biotech firms

Global institutional investors have built up sizeable positions in firms including Innovent, 3SBio, WuXi Biologics, Jiangsu Hengrui, Akeso and BeOne.

Tech Trends

Alibaba prepares potential spin-off, listing of chip unit T-Head

The wholly owned chip unit will first be restructured into a separate business partly held by employees, Bloomberg reported, citing sources.

Property

Complaints against Hong Kong property agents rise faster than home sales

Market recovery exposes pressure points as complaints surge 56 per cent, with online advertising violations dominating cases.

The Estate Agents Authority opened 253 complaint cases in 2025, up from 162 in 2024. Photo: Jonathan Wong

Big Tech

Chinese AI chipmaker Moore Threads set to report tripling of revenue

AI chipmakers have emerged as the most valuable companies in China’s AI field as the country pushes for chips that rival Nvidia’s.

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Shares in Moore Threads have surged nearly 450 per cent since its listing in December. Photo: Handout
Shares in Moore Threads have surged nearly 450 per cent since its listing in December. Photo: Handout

Companies

Watson pivots to ‘instant retail’, community stores to revitalise China sales

Watsons currently operates more than 17,000 stores in 31 markets around the world.

Tech Trends

China’s ‘infrastructure first’ effort a major edge in AI arms race: Davos panel

A rapid energy buildout and strategic data centre expansion give China unique advantages in developing its AI industry.

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Big Tech

China curbs US AI chips, shuns foreign capital in pursuit of tech self-reliance

These restrictions signify a new phase in the US-China tech war where ‘offensive and defensive roles have shifted’, says an analyst.

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Illustration: Henry Wong
Illustration: Henry Wong

Banking & Finance

What does HSBC’s buyout of Hang Seng Bank mean for its future and investors?

HSBC’s historic US$13.6 billion buyout of Hang Seng Bank aims to cut costs, tackle bad debts and fuel growth, but challenges abound.

Tech War

China takes confident strides to develop more AI innovation in 2026

‘China’s tech innovation is poised for policy-driven growth in 2026, with AI placed at the centre of the country’s economic agenda,’ NYU’s Winston Ma says.

China Business

From hope to hard numbers: China stocks will need profits to boost the bull run

Chinese shares surged in 2025 on a confidence-led re-rating – strategists now say the next leg in 2026 will hinge on an earnings uplift.

Earnings, and not valuations, will be the main booster for China’s equities in the year ahead. Illustration: Henry Wong
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OPINION
Wang Huiyao

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Macroscope | What to expect from Chinese stocks in 2026

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MULTIMEDIA
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Pony.ai set to further open China’s autonomous-driving frontier

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What’s behind HSBC’s privatisation of Hang Seng Bank?

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Taiwan firm creates clothing from banana waste

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Gold scams in China and changing global politics

Wire
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