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China Future Tech
Chinese biotech firms struck a record US$60 billion in cross-border licensing deals in the first quarter of 2026. Photo: Getty Images

China Business

China’s biotech boom drives surge in home-grown innovative drug approvals

Domestic firms dominate China’s drug approvals amid jump in spending and out-licensing deals as regulator speeds path to market.

Alibaba AI beats Google and OpenAI in global coding rankings

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Hong Kong beats Switzerland as world’s largest offshore wealth hub, BCG finds

China Business

BOE Tech’s 30% rally shows how AI buildout can boost an old-economy firm

Chinese maker of LCD displays sees a surge in its share price following an attempt to diversify into AI with US manufacturer Corning.

The logo of Chinese company BOE Technology is displayed on a phone. Photo: Shutterstock
The logo of Chinese company BOE Technology is displayed on a phone. Photo: Shutterstock

China EVs

Xpeng builds driverless cabs; Tesla launches FSD in China: 7 EV reads

From the oil shock fuelling BEV sales to Chery’s plans to sell 1 million cars abroad, here are seven EV stories you may have missed.

Business

Hong Kong home prices reach 30-month high, while rents set another record

Analysts expect home prices in both primary, secondary markets to continue increasing this year as the city’s real estate recovers.

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Big Tech

Nvidia ‘likely the most concerned’ as Huawei bets on new chip architecture law

Chip advance marks big step accelerating China’s semiconductor self-reliance push and promises leaps in AI computing power.

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People visit the exhibition area of Huawei at the 10th China-Russia Expo in Harbin, northeast China’s Heilongjiang province, on May 19. Photo: Xinhua
People visit the exhibition area of Huawei at the 10th China-Russia Expo in Harbin, northeast China’s Heilongjiang province, on May 19. Photo: Xinhua

China EVs

Xiaomi out to scalp Musk’s bestselling SUV in China with upgraded, cheaper model

Shares in Xiaomi fell 4.57 per cent to HK$28.4 despite the Beijing tech titan’s confidence over Tesla and its HK$20 billion buyback plan.

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China Business

Insilico, US partner to build AI models predicting disease decades ahead

Tie-up combines Hong Kong-listed Insilico Medicine’s algorithms with Human Longevity’s genomic data to advance personalised health research.

China Business

China’s largest mining company poised for global top 3 status by 2028, says S&P

Ratings agency highlights Zijin’s project pipeline and cost discipline as the miner accelerates global expansion in copper and gold.

Zijin Mining’s outlook has been raised from “stable” to “positive”. Photo: Shutterstock

China Business

Tech edge to boost Chinese firms’ overseas revenues to record high: UBS

Carmaking, power supply chains at forefront of China’s go-global expansion, driven by rising technological competitiveness, Swiss bank says.

UBS expects China’s power and car supply chain sectors to outperform. Photo: EPA
UBS expects China’s power and car supply chain sectors to outperform. Photo: EPA

Money & Wealth

China online brokerage crackdown trims billionaire owner’s wealth

Futu Holdings’ Leaf Li’s fortune shrank by over a quarter after Chinese regulators launched action against illegal cross-border stocks trading.

China Business

Unitree’s IPO progress spurs stock buying of firms with exposure to robot maker

As the robot manufacturer moves a step closer to its IPO, stocks of its investors and supply chain makers have shot up.

Tech Trends

As China’s humanoid-robot hype cools, Unitree sees profit plunge

A filing shows adjusted profit fell 53 per cent, even as revenue continued to rise, highlighting tough competition in humanoid robot sector.

A Unitree humanoid robot displayed during an international exhibition on AI in Cannes, France, on February 12. Photo: EPA

Business

China’s student housing, offices top property investments amid pricing slump

Growing numbers of university students coupled with supply gap are feeding investor appetite for dormitory-style housing and premium offices.

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Growing numbers of Chinese students have fuelled investor interest in the student housing segment, according to CBRE. Photo: AFP
Growing numbers of Chinese students have fuelled investor interest in the student housing segment, according to CBRE. Photo: AFP

China Business

A new battlefront for KFC and its Chinese rivals: the lighter meal

Big-name fast-food chains are seeking to capitalise on a surge in demand in China for lighter meals.

Banking & Finance

HSBC Hong Kong targets 7.5 million customers, same as city’s population

HSBC Hong Kong sees an increase in international clients coming to city to invest as it becomes a global wealth management hub.

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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

How China’s malls are trying to stay relevant

Wire
02:34
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
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