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China Future Tech
Founder Securities expects the annual domestic supply of experimental monkeys in China to range between 49,000 and 52,400 animals from 2025 to 2027. Photo: Shutterstock

China Business

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.

Colour matters: how AI is changing car premiums and services in China

CATL’s sodium-ion breakthrough, Tesla’s AI training centre: 7 EV reads

Blockchain

‘Sentiment is bleak’: bitcoin declines amid geopolitical tensions

Bitcoin prices drop as much as 3.2 per cent to US$66,604 on Tuesday, before paring the decline.

Many bitcoin investors see US$60,000 as a key support level for the world’s leading cryptocurrency. Photo: Shutterstock
Many bitcoin investors see US$60,000 as a key support level for the world’s leading cryptocurrency. Photo: Shutterstock

Business

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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Companies

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.

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Commodities

Strong Lunar New Year demand fuels China’s gold jewellery market

Retailers offer small discounts to spur holiday sales but are set to raise prices after the festival, as investment banks issue bullish outlooks.

Customers look at gold rings at a jewellery store in Shanghai. Photo: Reuters
Customers look at gold rings at a jewellery store in Shanghai. Photo: Reuters

Tech Trends

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.

Companies

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.

China Business

Sam’s Club cracks China market formula even as foreign retailers shut shop

The warehouse retailer opened 10 new stores in 2025, accelerating expansion in smaller cities like Zhangjiagang and Yangzhou.

Shoppers at Sam’s Club in Hangzhou on February 1, 2026. The retailer has introduced products catering to local tastes in the days leading up to the Lunar New Year holiday. Photo: Weibo

Cryptocurrency

Can Hong Kong lead a digital gold trading revolution with blockchain innovation?

Beyond banks, asset managers, fintechs and crypto firms are racing to launch innovative tokenised gold products for investors.

Tokenised gold is giving investors a new way to hold the metal, easing pain points around access, custody, transfer and trading. Photo: Shutterstock
Tokenised gold is giving investors a new way to hold the metal, easing pain points around access, custody, transfer and trading. Photo: Shutterstock

Companies

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.

Business

Kerry Properties secures Hong Kong’s latest residential plot for US$177 million

Kerry beat seven bidders for the rights to develop a residential project on the 1,349-square-metre parcel in the Eastern district.

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Commodities

UBS China venture faces wrath of silver investors after valuation change

More than 200,000 people file complaints as UBS SDIC’s attempted remedy for sudden change of fund’s price benchmark falls flat with some.

Silver bars weighing 500 grams are displayed at the Austrian Gold and Silver Refinery in Vienna on February 3, 2026. Photo: AFP

Banking & Finance

Hong Kong banks lure wealthy clients with gold, mahjong sets, fireworks

HSBC, Hang Seng Bank, Standard Chartered, Citibank and DBS offer the metal to select clients while it hovers near a record high.

A limited-edition mahjong set is among the incentives HSBC is offering. Photo: Handout
A limited-edition mahjong set is among the incentives HSBC is offering. Photo: Handout

Banking & Finance

Can Hong Kong’s MPF members repeat record gains in Year of the Horse?

Volatility looms in the Year of the Horse, analysts forecast, after the Year of the Snake delivered estimated earnings of US$32 billion.

China Business

Hong Kong stocks rise to wrap up best lunar-year performance in eight years

As market closes for Lunar New Year, benchmark hits 32 per cent gain since the Year of the Snake began in January 2025.

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Companies

Pop Mart balances boom and bust: can Labubu’s leap match Molly’s momentum?

As Labubu’s meteoric rise cools, Molly’s longevity highlights the challenge Pop Mart faces in turning hype into stable intellectual property.

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Illustration: Brian Wang
Illustration: Brian Wang

Business

How Western brands are adapting to China’s changing consumer landscape

Starbucks’ China stake sale signals a seismic shift, as global firms retreat amid rising competition, price wars and evolving consumer tastes.

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Tech Trends

Chinese firms set for market growth as the global memory super cycle heats up

Eye-watering DRAM prices are bad news for consumers and smartphone brands, but present an opportunity for Chinese firms led by CXMT and YMTC.

4

China Business

From labs to listings: capital markets are the next battleground in the AI race

Stock exchanges have become another barometer in the US-China tech rivalry as markets assess a wave of start-ups in real time.

Illustration: Henry Wong
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OPINION
Luca Mattei

Opinion | Why China keeps fossil fuels central even as it ramps up green energy

Luca Mattei
Nicholas Spiro

Macroscope | Blame Trump, not Asian investors, for gold and silver volatility

Nicholas Spiro
Matteo Giovannini

Opinion | Talk of digital yuan challenging dollar dominance misses real power shift

Matteo Giovannini
Wang Huiyao

Opinion | As China and Canada reset ties, they must strike while the iron is hot

Wang Huiyao
Roberto Bocca

Opinion | Clean energy works at scale. Now it must be coordinated

Roberto Bocca
Alex Lo

As I see it | Thank you, David Webb, you made Hong Kong a better place

Alex Lo
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MULTIMEDIA
Video

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

Pony.ai
07:39
Video

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

HAng Seng
04:37
Video

Taiwan firm creates clothing from banana waste

Banana
01:00
Video

Gold scams in China and changing global politics

Wire
08:22
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