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Huawei Technologies’ Smart Hanhan marks the latest foray by Chinese Big Tech companies into the growing global AI toy market. Photo: Huawei

China Business

China’s AI toy boom: Huawei, JD.com, UBTech make big push into growing sector

China’s AI toy sector is forecast to expand to US$12 billion by 2030, up from US$3.5 billion this year.

China shares edge lower as hopes fade for near-term stimulus boost

Golden era: prices surge as rally on track for US$5,000 in 2026, analysts say

Tech Trends

Chinese AI champion iFlytek forms new entity to expand into semiconductor design

Shandong Yixun Information Technology’s scope of operations includes integrated circuit design and other AI-related fields.

The latest move by iFlytek underscores the growing importance of semiconductor design in China. Photo: Shutterstock
The latest move by iFlytek underscores the growing importance of semiconductor design in China. Photo: Shutterstock

Companies

AI-for-Science start-up DP Technology raises US$114 million in Series C round

The Beijing-based AI-for-Science firm said the Series C round would fund hiring and R&D, as interest grows in using AI to speed up scientific discovery.

Tech Trends

ByteDance, other major Chinese tech firms lead local consumer AI market: report

ByteDance-owned Doubao remains the country’s top consumer AI app, as DeepSeek’s namesake chatbot takes the No 2 spot.

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China Business

China Jinmao sells 5-star Ritz-Carlton hotel in Sanya for US$322 million

Asset restructuring aims to boost liquidity as mainland China developers face a prolonged property downturn.

Ritz-Carlton Sanya Yalong Bay has demonstrated mature and stable operations with favourable profitability and cash flow, says China Jinmao. Photo: Keith Chan
Ritz-Carlton Sanya Yalong Bay has demonstrated mature and stable operations with favourable profitability and cash flow, says China Jinmao. Photo: Keith Chan

China Business

China’s Deep Robotics joins IPO rush as embodied intelligence sector heats up

The Hangzhou robot maker has entered the IPO ‘guidance’ phase, becoming the latest embodied intelligence start-up to eye an A-share listing.

China EVs

BYD’s big plans in Brazil, Xpeng tries to go global: 7 EV reads

From EV battery giants in China venturing into shipbuilding to BYD’s ambitious plans in Brazil, here are seven EV stories you may have missed.

China Business

Shenhua absorbs coal assets as it looks to the future in a decarbonising China

The deal to acquire US$18.9 billion of assets is meant to reduce excessive competition and enhance efficiency among state-owned enterprises.

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China Shenhua Energy is the mainland’s largest listed coal miner. Photo: Reuters

China Business

‘C-beauty’ cosmetics brands find retail expansion outside China a slow slog

‘For established domestic cosmetics companies attempting to expand abroad, progress is still in its early stages,’ CLSA’s Chris Gao says.

Mao Geping store inside the Harbour City shopping complex. Photo: Li Cao
Mao Geping store inside the Harbour City shopping complex. Photo: Li Cao

China Business

Hong Kong stocks rise as Wall Street rally boosts confidence in earnings growth

Investors shrug off weaker US Federal Reserve easing hopes and bet on resilient corporate profits into 2026.

China Business

Chinese ETFs investing in US stocks cap subscriptions as they run out of quotas

GF Fund and E Fund have capped daily subscriptions at 10 yuan, while China Asset Management has stopped accepting new subscriptions.

Property

Hong Kong property prices stabilise as mainland China slump drags on

Hong Kong is drawing cautious interest from buyers, while markets such as Shenzhen remain weighed down by persistent price declines.

A property agent talks with customers at a property fair in Shenzhen, October 12, 2024. Photo: Reuters

Big Tech

China’s AgiBot aims for US$142 million revenue as humanoid robots gain momentum

Fast-growing robotics start-up expects to ship out 5,000 units in 2025 amid Beijing backing of the embodied intelligence industry.

A customer communicates with an AgiBot humanoid robot at a car dealership in Shanghai. Photo: Reuters
A customer communicates with an AgiBot humanoid robot at a car dealership in Shanghai. Photo: Reuters

Banking & Finance

Swire Pacific’s Guy Bradley to lead Hong Kong’s Cathay Pacific, Swire Coca-Cola

Bradley succeeds Patrick Healy, who will retire from the Swire Group in May next year after over three decades of service.

China EVs

Luxury EV built with Huawei tops Porsche’s Panamera and BMW’s 7 Series in China

Chinese carmakers gain confidence in the premium segment as Maextro S800 – developed by Huawei and JAC Group – tops sales above US$100,000.

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Banking & Finance

Exclusive | Meet the Illinois farmer sowing the seeds of the world’s biggest IPOs of 2026

Jeff Rowe, a fifth-generation Illinois farmer, runs a Chinese-owned Swiss company in Basel that is aiming for one of the world’s largest IPOs in Hong Kong, due in 2026.

Jeff Rowe, the CEO of Syngenta, at his family farm in the US state of Illinois on September 30, 2025. Photo: Anthony Collins/Handout
Jeff Rowe, the CEO of Syngenta, at his family farm in the US state of Illinois on September 30, 2025. Photo: Anthony Collins/Handout

Banking & Finance

Hong Kong reaps the fruits of fintech seeds sown nearly 10 years ago

Hong Kong’s rise as a fintech hub is due to the concerted regulatory push, with the city competing with Singapore for regional leadership.

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Business

Hong Kong talent scheme: They came for jobs. Will they stay to buy homes?

Imported professionals could sustain the property market – if they put down roots and transition from renting to owning.

Tech War

How Nexperia saga exposes Europe’s waning influence in US-China chip war

The dispute around the Dutch chipmaker shows the erosion of Europe’s geopolitical neutrality in the face of escalating US-China rivalry.

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Nexperia is caught in a geopolitical tussle between the Netherlands and China. Illustration: Lau Ka-kuen
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OPINION
Hiba Malik

Opinion | How China is cementing its central role as the architect of green tech

Hiba Malik
Ma Jun,Sean Kidney

Opinion | How yuan internationalisation is helping to close the climate finance gap

Ma Jun
Sean Kidney
Anthony Rowley

Macroscope | What China, not the free market, gets right about climate finance

Anthony Rowley
Hugh Harsono

Opinion | As Japan takes aim at crypto, first mover Hong Kong must look out

Hugh Harsono
Ni Tao

Opinion | As China’s tech rises, companies must rethink their R&D strategy

Ni Tao
Radu Magdin

Opinion | Hong Kong, Singapore, Dubai: the rise of the ‘family office triangle’

Radu Magdin
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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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