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Smoke rises above aircraft parked at Dubai International Airport after a drone strike on March 16. The growing conflict in the Middle East is causing global airlines to raise fares amid a spike in jet fuel prices. Photo: AP

China Economy

Middle East oil shock sparks global airfare rises, with 9% increases feared

Surging jet fuel prices are pushing airlines – including several Chinese carriers – to raise fares, with a warning of 9 per cent price rises.

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Should the Hong Kong stock exchange make all IPO applications confidential?

China’s Unitree Robotics rides humanoid tide as it targets US$610m IPO

China Economy

Strait of Hormuz tensions rise as Iran reportedly charges ships for safe passage

Around 20,000 seafarers are still stuck in the Gulf as Tehran reportedly charges at least one tanker about US$2 million to pass through the strait.

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A liquefied petroleum gas tanker is anchored near the Strait of Hormuz, which remains almost entirely closed to shipping traffic amid the US-Israeli war on Iran. Photo: Photo: Reuters
A liquefied petroleum gas tanker is anchored near the Strait of Hormuz, which remains almost entirely closed to shipping traffic amid the US-Israeli war on Iran. Photo: Photo: Reuters

Business

Brother of Great Eagle chairman sells Hong Kong flats amid deleveraging trend

Home prices have fallen about 30 per cent from their 2021 peak, but recent data indicates a gradual recovery.

China Business

Chinese stocks shake laggard image amid oil shock as green transition pays off

China’s push into renewables helps shield its markets from the latest oil turmoil, with analysts pointing to limited downside risks.

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China Business

Global drug giants double down on China amid push for self-reliant supply chains

Multinationals are building self-reliant supply chains in China to insulate local markets from potential trade disruptions, say analysts.

AstraZeneca’s booth at the China International Supply Chain Expo in Beijing, July 17, 2025. Photo: EPA
AstraZeneca’s booth at the China International Supply Chain Expo in Beijing, July 17, 2025. Photo: EPA

China EVs

Xiaomi’s new-generation SU7 launch sparks fresh EV fight with Tesla in China

Updated smart sedan debuts with improved safety and smart-driving features, intensifying competition with Tesla and domestic rivals.

China Business

Hong Kong stocks mark third weekly loss as oil volatility pressures sentiment

Hang Seng Index falls for a third week as investors weigh the US-Israel war on Iran, oil swings and corporate earnings.

Business

Office vacancy rate in Hong Kong’s Central drops to single digits after 2 years

Wan Chai-Causeway Bay area also improves, reducing citywide vacancy rate even though most areas remain under pressure, JLL says.

General view of Hong Kong’s Central district. Photo: Jelly Tse

China Business

Recession fears grip markets as energy facilities under fire in Middle East

Risk-off mode takes hold as attacks bring crisis to ‘a more dangerous level for the global economy’, analyst says.

A file photo shows the Ras Laffan Industrial City, Qatar’s principal site for production of liquefied petroleum gas. Photo: AFP
A file photo shows the Ras Laffan Industrial City, Qatar’s principal site for production of liquefied petroleum gas. Photo: AFP

Banking & Finance

SFC prepares to inspect Hong Kong IPO listing sponsors amid quality concerns

Market regulator will soon begin inspection of investment banks amid concerns about deficiencies in listing documents and misconduct.

Tech

Alibaba targets US$100b in annual cloud, AI revenue despite results miss

T-Head, mentioned for the first time in the company’s earnings, has shipped more than 470,000 AI chips as of February.

Business

Hong Kong’s CK Hutchison reports 7% gain in underlying profit

Diversified business mitigates impact of adverse developments including ‘legal conflict’ over Panama ports, chairman says.

Flags fly outside Cheung Kong Center in Central on February 4, 2026. Photo: Jelly Tse

China Business

Exclusive | Singapore-headquartered GLP eyes 50% rent surge as China demand fuels growth

Firm will ride Beijing’s push for domestic demand by expanding logistics, data centres and renewable energy capacity, GLP China CEO says.

A solar farm built by GLP on a fishery site in Suzhou, eastern Jiangsu province. Photo: Handout
A solar farm built by GLP on a fishery site in Suzhou, eastern Jiangsu province. Photo: Handout

China Business

China presses EV makers to end price war and focus on innovation as demand cools

Oversight of China’s industry intensifies, with carmakers urged to move beyond discounts and focus on chips and self-driving systems.

China Business

Hong Kong, mainland China stocks tumble as oil shock revives recession worries

Shanghai Composite Index falls below 4,000 points for the first time in two months, underscoring investor jitters.

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Tech Trends

Inside the OpenClaw AI mania in China, as security fears and enthusiasm surge

Appeal of autonomous AI agent spurs rapid adoption across country, from tech pros to retirees seeking a ‘digital staff’, but data wipes mar its rise and trigger warnings.

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Illustration: Henry Wong
Illustration: Henry Wong

Business

Hong Kong, Sydney or Dubai? Prime real estate investors take their pick

Rich buyers are reshaping ultra-luxury property markets from Sydney and Hong Kong to Dubai, drawn by each city’s unique selling proposition.

Banking & Finance

The big cornerstone comeback: what’s driving investors back to Hong Kong IPOs?

After four subdued years, the cornerstone investors that anchor Hong Kong’s IPO market are returning in force, reshaping the deal landscape.

Banking & Finance

Why China’s rise as a ‘financial superpower’ could depend on Hong Kong

From the yuan’s growth as a global currency to IPO funding to tokenisation, the city is a linchpin in Beijing’s ambitions.

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Illustration: Lau Ka-kuen
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OPINION
Nicholas Spiro

Macroscope | China is weathering the Iran war oil shock better than others in Asia

Nicholas Spiro
Muyi Yang,Dinita Setyawati

Opinion | Why Asia’s future depends on breaking the shackles of fossil fuels

Muyi Yang
Dinita Setyawati
Matteo Giovannini

Opinion | Why Hong Kong could be the next global hub for gold trading

Matteo Giovannini
Wang Xiangwei

Opinion | Now is the time for China to show it’s serious about opening up

Wang Xiangwei
4
Shanshan Li

Opinion | Why the Fed credibility crisis will hit emerging markets harder

Shanshan Li
Lizzi C. Lee

Opinion | How the next China shock is shaping hearts and minds

Lizzi C. Lee
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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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