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Xpeng CEO He Xiaopeng speaks at the launch of the Xpeng GX at the Beijing car show on Friday. Photo: AFP

China Business

Chinese EV makers target global expansion at Auto China amid energy shock

Most carmakers taking part in the exhibition have either debuted models designed for export markets or announced expansion plans.

China’s Pop Mart eyes expansion at home and abroad for its Pop Land theme park

China opens government bond futures to select foreign investors in reform push

China Economy

‘It’s a tightrope’: why Europe’s wind industry faces a growing China dilemma

A debate is swirling in Europe over what role China should play in its wind power push, as the continent confronts the Middle East energy crisis.

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Spanish Prime Minister Pedro Sanchez gives a speech at the WindEurope 2026 expo in Madrid on April 21. Photo: Getty Images
Spanish Prime Minister Pedro Sanchez gives a speech at the WindEurope 2026 expo in Madrid on April 21. Photo: Getty Images

China Business

Investors rotate to China’s chipmakers as DeepSeek intensifies AI competition

Efficient new model boosts outlook for computing power demand but pressures valuations of AI application developers.

Banking & Finance

Life insurance sales in Hong Kong hit record amid ‘rise of millionaires’

Industry wrote US$42.2 billion in new life policies last year, ‘capturing both onshore and offshore demand across Asia’, HSBC Life CEO says.

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Diplomacy

Trump ally visits China, DeepSeek releases V4, EV earnings

This week: Trump ally Daines is set to visit China, DeepSeek unveils new AI model, Xi calls for Strait of Hormuz reopening, Auto China opens. Next week: BYD, Geely and Chinese banks post earnings, Politburo probably meets, May Day holiday begins, and more.

US Senator Steve Daines. Photo: Reuters
US Senator Steve Daines. Photo: Reuters

China Business

Baijiu bet: top China fund manager backs consumer rebound

Zhang Kun ramps up exposure to liquor makers and e-commerce, backing a gradual recovery in consumption despite weak retail data.

Big Tech

DeepSeek unveils next-gen AI model as Huawei vows ‘full support’ with new chips

The company says its cost-efficient new V4 model is competitive with top closed-source models from OpenAI and Google DeepMind.

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China Business

Huawei earmarks US$11.7b for training of autonomous-driving systems

Company claims it will outspend all rivals combined to boost computing power, which is essential to enhance advanced driving systems.

Richard Jin, CEO of Huawei’s intelligent automotive solutions business unit, introduces the company’s latest advanced driving system in Beijing on April 23, 2026. Photo: Reuters

China Business

China’s hottest stock market hits record high, outpacing rivals after reforms

Buying sentiment on ChiNext companies ignited after the market regulator unveiled a package of reforms earlier this month.

Bull statues are seen in front of the Shenzhen Stock Exchange on November 17, 2024. Photo: Getty Images
Bull statues are seen in front of the Shenzhen Stock Exchange on November 17, 2024. Photo: Getty Images

China Business

Chinese EV makers bet on in-house chips to make cars smarter and more autonomous

Chinese EV makers are showcasing advanced in-house chips at Auto China, powering smarter vehicles and challenging global tech leaders.

Tech

Chinese economist Fu Peng hails crypto’s historic rise as he joins Bitfire

The crypto asset management firm acquires a trading system and hires a team of 20 people from Avenir Group for US$1.6 million.

Business

PwC to pay US$128 million to Evergrande minority shareholders over audit failures

Settlement marks first time auditors of a defunct firm compensate minority shareholders over misleading financial statements.

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Evergrande Group logos are seen on apartment buildings in Nanjing, China’s eastern Jiangsu province on August 25, 2025. Photo: AFP

China Business

Hong Kong’s Langham group invests in Beijing’s ‘city of the future’ Xiongan

Planned 300-room, dual-brand hotel marks early private-sector involvement amid Xi Jinping’s push to accelerate development.

A photo taken on March 27, 2026, shows the Xiongan New Area in north China’s Hebei province. Photo: Xinhua
A photo taken on March 27, 2026, shows the Xiongan New Area in north China’s Hebei province. Photo: Xinhua

China Business

China’s premium EVs mount tech-powered challenge to BMW, Mercedes-Benz at expo

10-day show in Beijing, the world’s largest, to feature 1,451 models and exhibition area of 380,000 square metres.

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Business

Mainland China’s ultra-wealthy numbers rise as Hong Kong poised for rebound

China’s ultra-wealthy population has grown 23 per cent in five years, while Hong Kong is forecast to see a 25 per cent rebound by 2031.

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China Business

China’s drug makers are speeding up – will AI be their secret weapon?

Chinese biotech firms are striking big global deals as drug makers, but could artificial intelligence take them to the next level?

Illustration by Henry Wong
Illustration by Henry Wong

Markets

Can Hong Kong’s listing reform 2.0 win over innovative firms?

The reforms enhance the city’s appeal for AI, biotech and other firms by slashing the market cap threshold and enabling confidential filings.

Big Tech

Competition or ‘co-opetition’: how is convergence shaping Sino-US AI race?

Speech by CEO of Chinese AI start-up at Nvidia event in US highlights symbiotic nature of tech relationship despite geopolitical tensions.

China EVs

How China’s EV makers think they can outrun disastrous price wars

At Beijing’s urging, an industry largely built on discounting must hold the line on prices and convince buyers to pay for better technology.

Illustration: Lau Ka-kuen
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OPINION
Kun Tian

Opinion | Hong Kong’s stablecoin roll-out puts banks at the centre of digital money

Kun Tian
Nicholas Spiro

Macroscope | How the rupee’s fall shows India’s struggle to overcome vulnerabilities

Nicholas Spiro
Anthony Rowley

Macroscope | Why dollar and gold prices are looking abnormal amid Iran war

Anthony Rowley
Nicholas Spiro

The View | War-induced interest rate shocks unlikely to upset Asia’s property markets

Nicholas Spiro
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
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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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