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AutoFlight describes eVTOL aircraft Matrix as the largest of its kind in the world. Photo: Handout

Business

AutoFlight unveils world’s largest flying car as China races to lead the skies

CATL-backed AutoFlight debuts Matrix, targeting global expansion, as Beijing moves to set standards for domestic eVTOL makers and operators.

How 2 landmark Central deals boost sentiment in Hong Kong’s office market

China’s Year of the Horse shoppers let emotional satisfaction take the reins

Business

SHKP sells out latest batch of Sierra Sea units amid Lunar New Year ‘mini-boom’

The units on offer included 153 two-bedroom and 65 three-bedroom units, ranging from HK$4.6 million to HK$10.2 million.

Potential buyers queue up at the SHKP Sierra Sea sales office at the International Commerce Centre in Central, May 25, 2025. Photo: Elson Li
Potential buyers queue up at the SHKP Sierra Sea sales office at the International Commerce Centre in Central, May 25, 2025. Photo: Elson Li

Cryptocurrency

China tightens crypto crackdown with onshore RWA tokenisation ban

Domestic entities, as well as offshore entities under their control, cannot issue virtual currencies overseas without approval.

China Business

How Chinese consumers’ changing demands are keeping KFC’s owner on its toes

Yum China CEO Joey Wat banks on fast-food firm’s flexible store format and cheaper products to attract more Chinese consumers.

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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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Illustration: Henry Wong
Illustration: Henry Wong

China Business

Tesla launches China AI training centre as self-driving race accelerates

US EV giant opens hub to advance its Full Self-Driving software, as Chinese carmakers step up their own L3 autonomous driving plans.

Tech

China fines firms for fake ChatGPT and DeepSeek services

The two cases are among five examples made public by SAMR as it steps up efforts to fight unfair competition in China’s AI industry.

Tech

Sweet surge: Qwen overtakes Yuanbao after Alibaba’s bubble tea campaign

More than 10 million free orders put Alibaba’s AI app in the spotlight amid a high-stakes battle for Spring Festival attention.

More than 10 million free orders were placed within nine hours of the campaign, overwhelming many stores in mainland China. Photo: Handout

Business

China’s Kuaishou slapped with US$17 million fine after explicit content probe

The fine comes days after a separate e-commerce penalty, adding pressure on China’s No 2 short-video platform to tighten controls.

Beijing’s Cyberspace Administration launched an investigation following reports of a surge in pornographic streams Photo: Shutterstock
Beijing’s Cyberspace Administration launched an investigation following reports of a surge in pornographic streams Photo: Shutterstock

Business

Kowloon East site attracts nine bids as Hong Kong housing outlook brightens

Hong Kong developers show stronger interest in land sales as home prices rebound and sentiment improves.

China Business

Tech sell-off rattles investors with cross-asset volatility set to linger

Markets swing sharply across asset classes as AI forces a rethink of pricing power and long-term growth bets.

China Business

Fosun Pharma unit licenses lung cancer drug to Eisai in US$1.55 billion deal

The deal comes as Chinese novel drug makers are having more say in how their new medicines are developed with global partners.

A view of the Shanghai facility of Fosun Pharma’s biopharma unit Henlius. Photo: Handout

Business

Syngenta targets US$10 billion listing in Hong Kong, biggest since Alibaba

Chinese-owned agritech group’s mooted float could rank among Hong Kong’s biggest listing in years.

Syngenta Group’s global headquarters in Basel, Switzerland. Photo: Handout
Syngenta Group’s global headquarters in Basel, Switzerland. Photo: Handout

China Business

Hong Kong stocks drop as mainland tech firms, metals and crypto slide

Hang Seng Index follows US declines as AI worries and falling prices for gold, silver and cryptocurrency rattle investors.

Banking & Finance

China’s biggest pork producer Muyuan flat in Hong Kong share debut

Firm’s US$1.4 billion IPO records lower oversubscription rate than other recent listings, reflecting a cooling of the red-hot market.

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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.

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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.

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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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.

Illustration by Henry Wong
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OPINION
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
Jun Yu Chan

Opinion | From tea to TikTok: the middleman’s return is reshaping China trade

Jun Yu Chan
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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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