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Wang Ning says Pop Mart will grow alongside generation after generation of consumers. Photo: Handout

China Business

Labubu maker Pop Mart rallies as new toy, state media spotlight spark confidence

Pop Mart CEO’s rare state media remarks and a hit collectible boost shares as China’s consumer stocks gain momentum.

China’s Fosun Pharma eyes spin-off Hong Kong IPO of vaccine unit

China lets yuan break through 7 per US dollar mark as dollar jitters grow

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China Business

Major foreign carmakers set to stage a comeback in China this year: analysts

Foreign carmakers ‘will fight back because they will have the same products’ as their Chinese rivals, consultancy head Denis Depoux says.

Volkswagen workers seen at an assembly line in the German carmaker’s plant in Qingdao, in eastern Shandong province, on December 23, 2025. Photo: AFP
Volkswagen workers seen at an assembly line in the German carmaker’s plant in Qingdao, in eastern Shandong province, on December 23, 2025. Photo: AFP

China Business

Hong Kong stocks rise to 1-week high on China easing hope, US data

Hang Seng Index jumps after governor of China’s central bank signals more room for policy loosening.

China Business

Global funds, from BlackRock to Temasek, back China’s largest biotech firms

Global institutional investors have built up sizeable positions in firms including Innovent, 3SBio, WuXi Biologics, Jiangsu Hengrui, Akeso and BeOne.

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Tech Trends

Alibaba prepares potential spin-off, listing of chip unit T-Head

The wholly owned chip unit will first be restructured into a separate business partly held by employees, Bloomberg reported, citing sources.

Alibaba plans to spin off and list its T-Head chip arm. Photo: Handout
Alibaba plans to spin off and list its T-Head chip arm. Photo: Handout

Property

Complaints against Hong Kong property agents rise faster than home sales

Market recovery exposes pressure points as complaints surge 56 per cent, with online advertising violations dominating cases.

Big Tech

Chinese AI chipmaker Moore Threads set to report tripling of revenue

AI chipmakers have emerged as the most valuable companies in China’s AI field as the country pushes for chips that rival Nvidia’s.

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Companies

Watson pivots to ‘instant retail’, community stores to revitalise China sales

Watsons currently operates more than 17,000 stores in 31 markets around the world.

A Watsons store in Chengdu, Sichuan province, China, August 23, 2019. Photo: Shutterstock Images

Tech Trends

China’s ‘infrastructure first’ effort a major edge in AI arms race: Davos panel

A rapid energy buildout and strategic data centre expansion give China unique advantages in developing its AI industry.

China’s “AI Plus” panel discussion at the World Economic Forum on Wednesday included, from left, moderator Guan Xin, Tencent Holdings’ Dowson Tong, Moonshot AI’s Zhang Yutong and Nankai University’s Gong Ke. Photo: SCMP
China’s “AI Plus” panel discussion at the World Economic Forum on Wednesday included, from left, moderator Guan Xin, Tencent Holdings’ Dowson Tong, Moonshot AI’s Zhang Yutong and Nankai University’s Gong Ke. Photo: SCMP

Tech Trends

Apple cuts prices for Lunar New Year as competition heats up in mainland China

Apple offers discounts on iPhones, MacBook and other products – its second promotion in a month ahead of the holiday.

Business

Hong Kong tests student housing land sales amid slumping office demand

Government invites interest in three sites for student hostels, signalling a shift from office sites to education-focused development.

Banking & Finance

Chinese banks join the space race with satellite launches and rocket backing

As China seeks new engines of growth, finance is emerging as an unexpected backer of the country’s commercial space ambitions.

A Chinese Long March-12 carrier rocket blasts off on January 19 with a payload of low-orbit satellites. Photo: Xinhua

Markets

Hong Kong stocks hold up on claimed Greenland deal, Japanese bond rebound

Global sentiment for risk assets jumps after US President Donald Trump touts framework agreement on Greenland.

US President Donald Trump talks to media after a meeting about Greenland during the Annual Meeting of the World Economic Forum in Davos, Switzerland, on January 21, 2026. Photo: AP Photo
US President Donald Trump talks to media after a meeting about Greenland during the Annual Meeting of the World Economic Forum in Davos, Switzerland, on January 21, 2026. Photo: AP Photo

China Business

China unveils 18-point plan to boost global non-ferrous metals pricing power

The move is aimed at strengthening the links between the futures, spot and derivatives markets for non-ferrous metals and Shanghai’s role.

China Business

China’s flying car makers aim for deliveries this year as passenger use nears

China’s ‘low-altitude economy’ is shifting from concept demos to commercial planning amid surging orders.

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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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Illustration: Henry Wong
Illustration: Henry Wong

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.

Tech War

China takes confident strides to develop more AI innovation in 2026

‘China’s tech innovation is poised for policy-driven growth in 2026, with AI placed at the centre of the country’s economic agenda,’ NYU’s Winston Ma says.

China Business

From hope to hard numbers: China stocks will need profits to boost the bull run

Chinese shares surged in 2025 on a confidence-led re-rating – strategists now say the next leg in 2026 will hinge on an earnings uplift.

Earnings, and not valuations, will be the main booster for China’s equities in the year ahead. Illustration: Henry Wong
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OPINION
Wang Huiyao

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

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Roberto Bocca

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

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Alex Lo

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Kun Tian

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Kun Tian
Nicholas Spiro

Macroscope | What to expect from Chinese stocks in 2026

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

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07:39
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What’s behind HSBC’s privatisation of Hang Seng Bank?

HAng Seng
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Taiwan firm creates clothing from banana waste

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Gold scams in China and changing global politics

Wire
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