https://www.scmp.com/rss/517670/feed The latest news, analysis and opinion on Morgan Stanley. In-depth analysis, industry insights and expert opinion. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Carol Yang Carol Yang China’s green energy transition is expanding from a domestic security priority into a potent geopolitical asset at a time of heightened global uncertainty, according to the latest official reading of the country’s 15th five-year plan. That shift has been tested in recent weeks by the US-Israeli war in Iran and Tehran’s effective closure of the Strait of Hormuz – a chokepoint for 20 per cent of global oil and gas supplies. While Tehran signalled it would reopen the strait on Tuesday under a... https://www.scmp.com/economy/china-economy/article/3349646/why-chinas-green-energy-strategy-may-shield-it-iran-war-oil-shock?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3349646/why-chinas-green-energy-strategy-may-shield-it-iran-war-oil-shock?utm_source=rss_feed Fri, 10 Apr 2026 12:00:09 +0000 Ann Cao Ann Cao Alibaba Group Holding’s cloud and artificial intelligence unit is expected to remain a prime engine for the March quarter, with the growth rate forecast to accelerate as the company steps up AI monetisation and reshuffles its AI businesses, according to analysts. Cloud revenue growth was projected to increase to around 40 per cent during the period, up from 36 per cent in the December quarter, analysts said. The growth momentum was expected to be supported by “a robust surge in token usage”,... https://www.scmp.com/tech/article/3349508/alibaba-cloud-growth-forecast-accelerate-ai-push-higher-service-charges-analysts?utm_source=rss_feed https://www.scmp.com/tech/article/3349508/alibaba-cloud-growth-forecast-accelerate-ai-push-higher-service-charges-analysts?utm_source=rss_feed Thu, 09 Apr 2026 12:30:13 +0000 Julie Zhang Julie Zhang Investment banking fees across Asia-Pacific excluding Japan reached US$5.3 billion in the first quarter of 2026, with China’s Citic Securities ranking as the region’s top earner. The total in the first three months fell 5 per cent from a year earlier, as growth in equity capital markets underwriting was offset by weaker debt capital market and mergers and acquisitions (M&A) activity, according to an LSEG Data and Analytics report on Thursday. Helped by strong fees from its bond underwriting... https://www.scmp.com/business/banking-finance/article/3349487/citic-tops-asia-pacific-banking-fees-mainland-china-and-hong-kong-ipos-surge?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3349487/citic-tops-asia-pacific-banking-fees-mainland-china-and-hong-kong-ipos-surge?utm_source=rss_feed Thu, 09 Apr 2026 09:00:09 +0000 Vincent Chow Vincent Chow A new artificial intelligence algorithm developed by Google that could reduce demand for memory chips triggered a slump in global memory stocks, but analysts said it presented an opportunity for investors to “buy the dip”. Shares in memory giants including Samsung and SK Hynix fell after Google said in a blog post on Tuesday that the algorithm, called TurboQuant, reduced the memory demands of key-value (KV) caches – a crucial component of how AI models are served to users – by six times through... https://www.scmp.com/tech/big-tech/article/3348038/googles-turboquant-ai-advance-dents-memory-chip-stocks-analysts-say-buy-dip?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3348038/googles-turboquant-ai-advance-dents-memory-chip-stocks-analysts-say-buy-dip?utm_source=rss_feed Thu, 26 Mar 2026 13:24:11 +0000 Themis Qi Themis Qi Xiaomi’s updated SU7 electric vehicle (EV) is expected to bite into the market share of Tesla and some domestic rivals in China, as demand weakens and regulators tighten oversight. Founder and CEO Lei Jun on Thursday announced official pricing for the new-generation smart sedan, with the standard edition starting at 219,900 yuan (US$31,900) and the pro and max variants set at 249,900 yuan and 303,900 yuan, respectively. The figures are 10,000 yuan lower than pre-sale estimates, but 4,000 yuan... https://www.scmp.com/business/china-evs/article/3347259/xiaomis-new-generation-su7-launch-sparks-fresh-ev-fight-tesla-china?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3347259/xiaomis-new-generation-su7-launch-sparks-fresh-ev-fight-tesla-china?utm_source=rss_feed Fri, 20 Mar 2026 05:29:50 +0000 Sumnima Kandangwa Sumnima Kandangwa Carolyn Bessette was thrust into the limelight when she began dating and eventually married John F. Kennedy Jr, the only son of former president John F. Kennedy and his wife Jacqueline Kennedy. In July 1999, just three years after their wedding, JFK Jr piloted and tragically crashed a plane that killed him, Bessette – and Bessette’s older sister Lauren. Ryan Murphy’s hit FX series Love Story dramatises the whirlwind romance between JFK Jr and the former Calvin Klein publicist and 90s style... https://www.scmp.com/magazines/style/people/icons-influencers/article/3347029/who-was-lauren-bessette-carolyn-bessettes-sister-who-also-died-tragic-plane-crash?utm_source=rss_feed https://www.scmp.com/magazines/style/people/icons-influencers/article/3347029/who-was-lauren-bessette-carolyn-bessettes-sister-who-also-died-tragic-plane-crash?utm_source=rss_feed Wed, 18 Mar 2026 22:00:14 +0000 Zhang Shidong,Yulu Ao Zhang Shidong,Yulu Ao The prospect of a meeting between President Xi Jinping and US counterpart Donald Trump has become a focal point for investors seeking some reassurance on growth and stability as the conflict in the Middle East dampens appetite for risk. Investors are awaiting clarity on the summit, viewing it as a potential sign of cooperation that could steady mainland China and Hong Kong equities. The meeting had been scheduled for the end of the month, but the White House said it would be postponed by five or... https://www.scmp.com/business/china-business/article/3346991/investors-eye-xi-trump-summit-direction-hong-kong-china-stocks-shaken-conflict?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3346991/investors-eye-xi-trump-summit-direction-hong-kong-china-stocks-shaken-conflict?utm_source=rss_feed Wed, 18 Mar 2026 06:59:48 +0000 Enoch Yiu Enoch Yiu HSBC Holdings plans to raise US$2.5 billion by issuing two tranches of additional tier-1 (AT1) bonds, marking the reopening of such offerings after the US and Israel war on Iran rattled global financial markets. The biggest lender in Hong Kong and Europe by assets said in a stock exchange filing before the market opened on Wednesday that it intended to issue the AT1 bonds, officially named perpetual subordinated contingent convertible securities, on March 24 to strengthen its capital. The... https://www.scmp.com/business/banking-finance/article/3346960/hsbc-launches-us25-billion-at1-bond-issue-hong-kong-after-market-standstill?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3346960/hsbc-launches-us25-billion-at1-bond-issue-hong-kong-after-market-standstill?utm_source=rss_feed Wed, 18 Mar 2026 04:29:44 +0000 Iris Deng,Wency Chen Iris Deng,Wency Chen Tencent Holdings and Alibaba Group Holding are set to report quarterly earnings this week, against a backdrop of an artificial intelligence boom that is reshaping the global economy and fuelling a frenzy in China around open-source AI agents such as OpenClaw. The South China Morning Post examines market expectations for their results and the key themes investors will be watching. What are the expectations for top line and bottom line performances? Shenzhen-based Tencent, operator of China’s... https://www.scmp.com/tech/article/3346920/tencent-and-alibaba-quarterly-earnings-preview-key-things-watch?utm_source=rss_feed https://www.scmp.com/tech/article/3346920/tencent-and-alibaba-quarterly-earnings-preview-key-things-watch?utm_source=rss_feed Wed, 18 Mar 2026 01:00:15 +0000 Themis Qi Themis Qi SmartMore, the first company backed by the Hong Kong government’s investment fund, has applied for a listing, underscoring the city’s crowded pipeline of technology initial public offerings (IPOs). The unicorn, founded in 2019 and specialising in industrial artificial intelligence, submitted its application on Monday night, with Morgan Stanley, China International Capital Corporation and Deutsche Bank as joint sponsors. SmartMore provides intelligent manufacturing and digital innovation through... https://www.scmp.com/business/banking-finance/article/3346854/smartmore-first-firm-backed-hong-kong-wealth-fund-seeks-ipo-tech-pipeline-heats?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3346854/smartmore-first-firm-backed-hong-kong-wealth-fund-seeks-ipo-tech-pipeline-heats?utm_source=rss_feed Tue, 17 Mar 2026 06:40:12 +0000 Zhang Shidong Zhang Shidong South Korea and Japan have led declines in global stock markets amid the oil shock, underscoring how supply disruptions in the Middle East are weighing on growth in economies heavily reliant on fuel imports. The Kospi index in Seoul has slumped 12 per cent since the US-Israel war with Iran broke out on February 28, while Tokyo’s Nikkei 225 has slid nearly 9 per cent. South Korea last week moved to cap oil price increases to limit inflation, while rising crude costs added to price pressures in... https://www.scmp.com/business/china-business/article/3346729/south-korea-and-japan-bear-brunt-global-stock-sell-offs-amid-oil-shock?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3346729/south-korea-and-japan-bear-brunt-global-stock-sell-offs-amid-oil-shock?utm_source=rss_feed Mon, 16 Mar 2026 23:30:07 +0000 Coco Feng Coco Feng Aridge, the flying-car developer backed by Chinese electric vehicle maker Xpeng, has raised nearly US$200 million in fresh funding as it prepares for a potential initial public offering (IPO) in Hong Kong this year. Existing investors including GL Ventures, the venture capital arm of Hillhouse Investment, and HongShan – formerly Sequoia China – participated in the latest round, according to a statement released on Friday. The fundraising brings Aridge’s total equity financing to about US$1... https://www.scmp.com/tech/article/3346597/flying-car-dreams-gain-altitude-xpeng-affiliate-aridge-raises-us200-million?utm_source=rss_feed https://www.scmp.com/tech/article/3346597/flying-car-dreams-gain-altitude-xpeng-affiliate-aridge-raises-us200-million?utm_source=rss_feed Sat, 14 Mar 2026 08:43:40 +0000 Peggy Ye,Cao Li Peggy Ye,Cao Li Buyers snapped up most of the nearly 400 new homes released for sale in Hong Kong on Saturday, offering an early gauge of housing demand in one of the biggest launches since the Chinese New Year holiday. As of 7:30pm, about 310 of the 360 units released at Chinachem Group’s Zendo House in Tsim Sha Tsui and Wing Tai Properties’ Cloudview in Sheung Shui had been sold, according to Centaline Property. Louis Chan Wing-kit, vice-chairman and president of the agency, said confidence in Hong Kong’s... https://www.scmp.com/business/article/3346584/developers-roll-out-360-flats-two-hong-kong-projects-amid-improving-sentiment?utm_source=rss_feed https://www.scmp.com/business/article/3346584/developers-roll-out-360-flats-two-hong-kong-projects-amid-improving-sentiment?utm_source=rss_feed Sat, 14 Mar 2026 05:40:16 +0000 Sylvia Ma Sylvia Ma Huang Yiping, a veteran Chinese economist, has attended countless policy forums and high-level summits over his long career. But one event at Peking University a decade ago stands out. Academic debates are often niche, sparsely attended affairs, but that afternoon in November 2016 was different. Seats in the auditorium were snatched up in minutes as people piled in to witness a showdown that had attracted nationwide attention. The public frenzy centred on a rare face-to-face clash between two... https://www.scmp.com/economy/china-economy/article/3346238/pivot-how-china-turbocharged-its-industrial-policy-and-remade-global-economy?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3346238/pivot-how-china-turbocharged-its-industrial-policy-and-remade-global-economy?utm_source=rss_feed Wed, 11 Mar 2026 22:00:08 +0000 Agence France-Presse Agence France-Presse For years India’s economy was driven by its vast services sector that saw millions of people working away in low-cost back offices providing consultancy for predominantly Western companies. But over the past decade they have given way to centres that allow firms to tap top-tier talent and technology, where white-collar staff perform tasks ranging from IT and data analytics to innovation and design. Today, these centres are the shiniest parts of India’s red-hot economy but not everyone has been... https://www.scmp.com/news/asia/south-asia/article/3345855/boom-times-indias-economy-opportunities-remain-uneven?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3345855/boom-times-indias-economy-opportunities-remain-uneven?utm_source=rss_feed Sun, 08 Mar 2026 05:15:07 +0000 Zhang Shidong Zhang Shidong US President Donald Trump’s nomination of Kevin Warsh to head the Federal Reserve is likely to add more volatility to global financial markets, as his historical stance against financial easing could complicate the Fed’s decision-making in terms of monetary easing, according to analysts. The White House nomination came a month after Trump said the former Fed governor, who opposed rate cuts during the 2008 global financial crisis, would be his choice to succeed Jerome Powell, whose chair term... https://www.scmp.com/business/china-business/article/3345721/trumps-fed-pick-stokes-uncertainty-investors-weigh-hawkish-past-pro-growth-pivot?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3345721/trumps-fed-pick-stokes-uncertainty-investors-weigh-hawkish-past-pro-growth-pivot?utm_source=rss_feed Sun, 08 Mar 2026 01:30:11 +0000 Zhang Shidong,Ji Siqi Zhang Shidong,Ji Siqi China’s high-level policymakers have reiterated the need to defuse financial risks and root out political corruption, two of President Xi Jinping’s long-term priorities, in the run-up to this year’s ‘two sessions’ – the annual meetings of the country’s top legislature and political advisory body. In this series, we take stock of how those efforts have progressed, and what remains to be done. When the Dow Jones Industrial Average closed above 50,000 points for the first time in early February, US... https://www.scmp.com/economy/china-economy/article/3345708/chinas-vision-powerhouse-stock-market-its-slow-and-steady-over-boom-and-bust?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3345708/chinas-vision-powerhouse-stock-market-its-slow-and-steady-over-boom-and-bust?utm_source=rss_feed Fri, 06 Mar 2026 22:00:13 +0000 Peggy Sito Peggy Sito The recovery in Hong Kong’s property market has begun attracting overseas investors back to the sector, with the Hang Seng Properties Index rising more than 20 per cent this year. International investors, who have had limited exposure to Hong Kong property stocks over the past two to three years, had begun revisiting the sector and adding positions since the start of 2026, according to Citi. At a recent global investor conference hosted by the US bank, participants said they were showing greater... https://www.scmp.com/business/companies/article/3345537/global-investors-revisit-hong-kong-property-stocks-housing-market-recovery-gathers-pace?utm_source=rss_feed https://www.scmp.com/business/companies/article/3345537/global-investors-revisit-hong-kong-property-stocks-housing-market-recovery-gathers-pace?utm_source=rss_feed Thu, 05 Mar 2026 06:38:00 +0000 Zhang Shidong Zhang Shidong The fallout from surging oil prices has rippled across global asset classes, from stocks to bonds, as escalating military tensions in the Middle East reset investors’ expectations for inflation and the path of central bank policy. As US military strikes against Iran intensified, Brent crude traded near a two-year high of US$82.98 a barrel, while futures in New York touched US$75.75, a level not seen since January 2025. The spike in energy costs has revived fears of a renewed bout of inflation,... https://www.scmp.com/business/china-business/article/3345390/middle-east-flashpoint-rattles-markets-oil-surge-stokes-inflation-fears?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3345390/middle-east-flashpoint-rattles-markets-oil-surge-stokes-inflation-fears?utm_source=rss_feed Wed, 04 Mar 2026 07:50:37 +0000 Mia Nurmamat,Ben Jiang Mia Nurmamat,Ben Jiang In an unprecedented Chinese New Year marketing blitz, Alibaba Group Holding, Baidu, ByteDance and Tencent Holdings spent an estimated 8 billion yuan (US$1.1 billion) to turn their artificial intelligence assistants into household names, according to Morgan Stanley. Now the dust is settling. A week after the holiday ended, early data offers a first glimpse into how China’s AI landscape is evolving and which players gained lasting traction from the spending spree. Morgan Stanley said all platforms... https://www.scmp.com/business/article/3345301/chinas-ai-red-packet-battle-burns-through-us1-billion-will-users-stick-around?utm_source=rss_feed https://www.scmp.com/business/article/3345301/chinas-ai-red-packet-battle-burns-through-us1-billion-will-users-stick-around?utm_source=rss_feed Tue, 03 Mar 2026 13:00:11 +0000 Zhang Shidong Zhang Shidong Ahead of China’s annual legislative meetings – typically a window into Beijing’s top-level policy agenda – this is the sixth entry in a series examining the complex economic recalibration driving China’s growth philosophy and its wide-ranging implications for local governments, financial investors and private enterprises. Stock investors will zero in on China’s annual parliamentary gathering this week for signals it could revive equity momentum, as fears of artificial intelligence-driven... https://www.scmp.com/business/china-business/article/3345073/investors-lock-npc-markets-seek-policy-lift-amid-ai-jitters?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3345073/investors-lock-npc-markets-seek-policy-lift-amid-ai-jitters?utm_source=rss_feed Mon, 02 Mar 2026 23:30:07 +0000 Ralph Jennings Ralph Jennings Asian countries are heavily reliant on imported oil and gas and could suffer serious economic fallout after the United States and Israel launched strikes on Iran, Morgan Stanley said. The manufacturing-intensive, export-reliant region was “more sensitive” to oil price volatility than Europe or the US, the New York-based investment bank said in a research note on Sunday. Asia’s oil and gas trade deficit stood at 2.1 per cent of gross domestic product, it calculated. Every sustained US$10... https://www.scmp.com/economy/global-economy/article/3345161/asias-oil-dependence-leaves-it-exposed-after-us-israel-strikes-iran-morgan-stanley?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3345161/asias-oil-dependence-leaves-it-exposed-after-us-israel-strikes-iran-morgan-stanley?utm_source=rss_feed Mon, 02 Mar 2026 13:30:07 +0000 Peggy Ye,Aileen Chuang Peggy Ye,Aileen Chuang New World Development posted a net loss of HK$3.73 billion (US$477 million) for the first half of fiscal 2026, as asset write-downs continued to weigh on earnings despite improving Hong Kong home sales and ongoing deleveraging efforts. The loss narrowed 44 per cent year on year for the six months ended December 31, as impairments on investment properties eased and financing and tax expenses related to mainland projects declined, according to a Hong Kong stock exchange filing on Friday. No... https://www.scmp.com/business/article/3344882/new-world-reports-first-half-loss-deleveraging-takes-priority-dividend-suspended?utm_source=rss_feed https://www.scmp.com/business/article/3344882/new-world-reports-first-half-loss-deleveraging-takes-priority-dividend-suspended?utm_source=rss_feed Fri, 27 Feb 2026 09:34:57 +0000 Zhang Shidong Zhang Shidong Chinese stocks are emerging as a potential refuge for global investors seeking to steer clear of volatility tied to artificial intelligence trades, as policy support remains firm and signs of reflation begin to surface, according to global investment banks. A proprietary sentiment gauge tracking China’s yuan-denominated shares had improved over the past two weeks, Morgan Stanley said. The measure, compiled by the US bank from 12 indicators including turnover, margin balances and foreign passive... https://www.scmp.com/business/markets/article/3344853/china-stocks-shield-investors-ai-turbulence-ahead-key-meeting?utm_source=rss_feed https://www.scmp.com/business/markets/article/3344853/china-stocks-shield-investors-ai-turbulence-ahead-key-meeting?utm_source=rss_feed Fri, 27 Feb 2026 07:38:56 +0000 Ralph Jennings Ralph Jennings China logged an overall increase in travel during the just-concluded Chinese New Year break compared with last year’s holiday period, but analysts said spending per capita stayed flat. The country saw 596 million domestic trips over the extended public holiday that ended on Monday, a year-on-year increase of 95 million, Xinhua reported. About 17.8 million cross-border trips were logged over the same period, it added. Chinese New Year is a crucial period for the travel sector as hundreds of... https://www.scmp.com/economy/china-economy/article/3344699/china-sees-rise-chinese-new-year-travel-capita-spending-remains-flat?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3344699/china-sees-rise-chinese-new-year-travel-capita-spending-remains-flat?utm_source=rss_feed Thu, 26 Feb 2026 06:08:27 +0000 Peggy Ye Peggy Ye Global investment banks are rallying behind a more bullish view of Hong Kong’s housing market, with JPMorgan Chase and Goldman Sachs joining Morgan Stanley in forecasting double-digit price gains after a stronger-than-expected rebound. Morgan Stanley was the first major bank to forecast a 10 per cent increase in home prices in January, which was widely seen as aggressive at the time. With fresh data bolstering signs of a recovery, other banks have also lifted their 2026 estimates. According to a... https://www.scmp.com/business/article/3344361/more-banks-catch-hong-kongs-housing-rebound-upgrade-market-forecast?utm_source=rss_feed https://www.scmp.com/business/article/3344361/more-banks-catch-hong-kongs-housing-rebound-upgrade-market-forecast?utm_source=rss_feed Mon, 23 Feb 2026 23:30:08 +0000 Frank Chen,Ji Siqi Frank Chen,Ji Siqi China’s sprawling export sector is eyeing a brief window of opportunity to front-load shipments to the United States following a Supreme Court ruling that appears to have eased tariff rates – even as industry insiders remain wary of potential shocks ahead. All eyes are now on the coming Beijing summit, where US President Donald Trump is set to meet President Xi Jinping in a visit that could prove decisive for the future of bilateral trade, analysts and exporters said. Chinese goods had been... https://www.scmp.com/economy/global-economy/article/3344363/what-next-chinas-export-machine-after-top-us-court-blocks-trumps-tariffs?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3344363/what-next-chinas-export-machine-after-top-us-court-blocks-trumps-tariffs?utm_source=rss_feed Mon, 23 Feb 2026 12:00:34 +0000 Themis Qi Themis Qi Around a decade ago, aboard a train winding through China’s landscape, Wang Ning, the founder and chairman of Beijing-founded international art toy brand Pop Mart, shared with designer Kenny Wong Shun-ming the story of his early attempts at entrepreneurship. As a fresh graduate, Wang struggled to sell affordable men’s suits sourced from Yiwu in Zhejiang province, eastern China, experimenting with small-scale arbitrage and learning first-hand how difficult it was to connect products with... https://www.scmp.com/business/companies/article/3343503/can-pop-mart-turn-viral-hits-lasting-icons-molly-and-labubu-offer-answer?utm_source=rss_feed https://www.scmp.com/business/companies/article/3343503/can-pop-mart-turn-viral-hits-lasting-icons-molly-and-labubu-offer-answer?utm_source=rss_feed Sat, 14 Feb 2026 02:00:13 +0000 Julie Zhang Julie Zhang Unisplendour Corporation, a subsidiary of state-backed Tsinghua Holdings, has scrapped its Hong Kong listing plan that had been in the works for nearly a year. The Shenzhen-listed company said in an exchange filing on Wednesday that its board had voted to terminate the proposed share issuance on the Hong Kong stock exchange. The termination would not have any “significant impact” on its business operations, the statement added. Simultaneously, Unisplendour announced plans to raise up to 5.57... https://www.scmp.com/business/banking-finance/article/3343228/shenzhen-listed-unisplendour-abandons-year-long-effort-raise-funds-hong-kong?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3343228/shenzhen-listed-unisplendour-abandons-year-long-effort-raise-funds-hong-kong?utm_source=rss_feed Thu, 12 Feb 2026 00:00:37 +0000 Julie Zhang Julie Zhang Stock exchanges in Shanghai, Shenzhen and Beijing – the three major bourses in mainland China – announced a package of measures on Monday to fast-track fundraising for cutting-edge firms amid the country’s self-reliance push in tech. The three operators said they would shorten waiting periods for listed technology firms filing for refinancing or post-initial-public-offering (IPO) fundraising activities, cutting the refinancing interval to as little as six months, according to state news agency... https://www.scmp.com/business/banking-finance/article/3343000/china-slashes-wait-times-loss-making-tech-firms-seeking-refinancing-fundraising?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3343000/china-slashes-wait-times-loss-making-tech-firms-seeking-refinancing-fundraising?utm_source=rss_feed Tue, 10 Feb 2026 03:26:47 +0000 Wency Chen Wency Chen Fears that increasingly capable AI agents pose existential threats to the traditional software business have rippled through global equity markets, triggering a sharp sell-off in US software stocks this week and spilling over to China’s software-as-a-service (SaaS) sector. Analysts say the impact on China could be just as profound, but shaped by different structural dynamics. “SaaS growth in China in the next few years will be driven by several leading companies in cloud services and AI –... https://www.scmp.com/tech/big-tech/article/3342763/chinas-software-sector-braces-spillover-ai-led-global-sell?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3342763/chinas-software-sector-braces-spillover-ai-led-global-sell?utm_source=rss_feed Sat, 07 Feb 2026 09:18:22 +0000 Iris Deng Iris Deng Chinese humanoid robotics companies are doubling down on developing intelligent models, as investors eye advances in robot “brains” as the next step towards real-world commercial use. Shenzhen-based Dobot said on Wednesday that it delivered its third batch of mass produced, full-size humanoid Atom robots, marking a shift from laboratory concept to an industrialised product. Dobot, listed in Hong Kong, said its self-developed Dobot-VLA, a vision-language-action model, enabled Atom to react to... https://www.scmp.com/tech/tech-trends/article/3342505/chinas-humanoid-robot-makers-pivot-body-brain-commercial-race-heats?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3342505/chinas-humanoid-robot-makers-pivot-body-brain-commercial-race-heats?utm_source=rss_feed Fri, 06 Feb 2026 01:15:09 +0000 Julie Zhang Julie Zhang Cathy Zhang, head of Asia-Pacific equity capital markets at Morgan Stanley, sounded hoarse after a day of back-to-back meetings with companies keen to go public in Hong Kong. “It’s very possible that the value and number may exceed last year’s IPO figures, given the momentum we have seen in January,” Zhang said in an interview on January 30. Nearly 100 companies filed for stock offerings in the city last month, more than triple the same period in 2025, a year which saw Hong Kong crowned as the... https://www.scmp.com/business/banking-finance/article/3342365/morgan-stanley-sees-another-record-year-hong-kong-ipos-pipeline-hits-450?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3342365/morgan-stanley-sees-another-record-year-hong-kong-ipos-pipeline-hits-450?utm_source=rss_feed Wed, 04 Feb 2026 23:30:38 +0000 Kandy Wong Kandy Wong Beijing has recently targeted tax incentives in telecoms and other select industries after fiscal revenue dropped sharply in late 2025, fuelling market speculation of similar, larger-scale moves and triggering volatility. Here, we examine the latest developments and outline how economists view the changes. What has the Chinese government announced? Beijing has moved to boost government finances by tightening tax incentives and raising preferential rates across several sectors, following a sharp... https://www.scmp.com/economy/china-economy/article/3342339/china-raises-taxes-some-sectors-boost-finances-one-fix-or-tough-times-ahead?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3342339/china-raises-taxes-some-sectors-boost-finances-one-fix-or-tough-times-ahead?utm_source=rss_feed Wed, 04 Feb 2026 06:40:20 +0000 Cindy Sui Cindy Sui Hong Kong’s annual fundraiser, Operation Santa Claus (OSC), has wrapped up its campaign this year, raising more than HK$19 million (US$2.4 million) for charitable projects and victims of the Tai Po fire – nearly double its target. The campaign, launched on November 4, had aimed to raise at least HK$11 million for 13 charitable projects. However, fundraising intensified less than three weeks later, after the Tai Po fire broke out on November 26. An emergency appeal was launched to raise funds to... https://www.scmp.com/news/hong-kong/society/article/3342273/operation-santa-claus-raises-hk19-million-hong-kong-fire-victims-other-causes?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3342273/operation-santa-claus-raises-hk19-million-hong-kong-fire-victims-other-causes?utm_source=rss_feed Tue, 03 Feb 2026 12:58:16 +0000 Nicholas Spiro Nicholas Spiro Hong Kong has its mojo back. The city’s economy grew 3.5 per cent last year, the fastest pace since 2021, according to an advanced estimate published by the Census and Statistics Department on January 30. A sharp increase in exports, the unexpected driver of growth in many Asian economies last year, was a key factor in Hong Kong’s resurgence. The rebound was underpinned by the dramatic revival in the city’s capital markets. Share sales nearly quadrupled last year to more than US$73 billion... https://www.scmp.com/opinion/hong-kong-opinion/article/3342044/hong-kongs-housing-market-recovery-rests-solid-foundations?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3342044/hong-kongs-housing-market-recovery-rests-solid-foundations?utm_source=rss_feed Mon, 02 Feb 2026 08:30:08 +0000 Cao Li Cao Li China’s years-long property downturn has carried into 2026, with new-home sales sliding sharply and, by some measures, deteriorating at their fastest pace in recent years. The country’s top 100 developers reported combined contracted sales of 165.5 billion yuan (US$24 billion) in January, down 27 per cent from a year earlier, according to data released over the weekend by China Real Estate Information Corporation (CRIC). Stress was particularly acute among offshore borrowers. The combined... https://www.scmp.com/business/article/3342060/bleak-start-2026-chinas-property-sector-sales-declines-accelerate?utm_source=rss_feed https://www.scmp.com/business/article/3342060/bleak-start-2026-chinas-property-sector-sales-declines-accelerate?utm_source=rss_feed Mon, 02 Feb 2026 06:30:07 +0000 Vincent Chow Vincent Chow Taiwan Semiconductor Manufacturing Company (TSMC) needs to “work very hard” to meet growing demand from leading US chip designer Nvidia, which alone could require TSMC to more than double its capacity in the next decade, Nvidia CEO Jensen Huang has said. Huang’s remarks followed a high-profile banquet on Saturday evening with executives of key supply chain partners in Taiwan, including TSMC chairman and CEO C C Wei and Foxconn chairman Young Liu, as the Nvidia founder sought to shore up supply... https://www.scmp.com/tech/article/3341994/nvidias-jensen-huang-urges-tsmc-expand-capacity-amid-ai-chip-crunch?utm_source=rss_feed https://www.scmp.com/tech/article/3341994/nvidias-jensen-huang-urges-tsmc-expand-capacity-amid-ai-chip-crunch?utm_source=rss_feed Sun, 01 Feb 2026 11:00:08 +0000 Julie Zhang Julie Zhang Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market capitalisation, sold all 350 units released on Sunday in its Sierra Sea project, marking a fifth consecutive sell-out and underscoring returning buyer appetite in the world’s most expensive property market. The batch at phase 2B included 244 two-bedroom and 106 three-bedroom units, with discounted prices ranging from HK$4.6 million (US$590,000) to HK$9.74 million, according to sales documents released on Wednesday. The... https://www.scmp.com/business/companies/article/3341986/hong-kongs-shkp-rolls-out-350-sierra-sea-flats-after-sell-outs-worlds-priciest-market?utm_source=rss_feed https://www.scmp.com/business/companies/article/3341986/hong-kongs-shkp-rolls-out-350-sierra-sea-flats-after-sell-outs-worlds-priciest-market?utm_source=rss_feed Sun, 01 Feb 2026 09:00:12 +0000 Wency Chen Wency Chen Elon Musk wants to bring the production of its Optimus robot to the US amid electric carmaker Tesla’s plan to pivot towards manufacturing humanoids, smart machines that could one day serve as part of the workforce at American factories. That ambitious initiative, however, was expected to remain dependent on China’s vast and fast-developing robotics supply chain into the foreseeable future, even as the final assembly of Optimus would be established in the US, according to analysts and industry... https://www.scmp.com/tech/tech-trends/article/3341953/optimus-chain-chinese-suppliers-form-backbone-teslas-humanoid-robot-initiative?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3341953/optimus-chain-chinese-suppliers-form-backbone-teslas-humanoid-robot-initiative?utm_source=rss_feed Sun, 01 Feb 2026 06:00:16 +0000 Coco Feng Coco Feng Morgan Stanley expects China’s humanoid robot sales to grow 133 per cent to 28,000 units this year, while noting that falling production costs will gradually make owning robots more accessible. The US investment bank revised its forecast from the 14,000 units previously on the back of the rapid growth of the industry in the world’s second largest economy. The cost of materials to produce robots in China, home to most of the industry’s supply chain, was set to drop 16 per cent this year, the bank... https://www.scmp.com/tech/article/3341646/morgan-stanley-expects-chinas-humanoid-robot-sales-double-revised-forecast?utm_source=rss_feed https://www.scmp.com/tech/article/3341646/morgan-stanley-expects-chinas-humanoid-robot-sales-double-revised-forecast?utm_source=rss_feed Thu, 29 Jan 2026 14:00:10 +0000 Themis Qi Themis Qi Pop Mart extended its rally in Hong Kong on Wednesday after unveiling an accelerated push into the US market, underscoring how overseas expansion is helping the Chinese toymaker offset lingering pressures at home. The maker of Labubu figurines plans to open more than 20 new stores across the United States this year, under a partnership with US mall operator Simon Property Group, which announced the roll-out in mid-January. The outlets will be located in major shopping centres including King of... https://www.scmp.com/business/china-business/article/3341552/pop-mart-rallies-hong-kong-aggressive-push-us-retail-market?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3341552/pop-mart-rallies-hong-kong-aggressive-push-us-retail-market?utm_source=rss_feed Wed, 28 Jan 2026 09:30:15 +0000 Cindy Sui Cindy Sui A balanced diet benefits everyone, but it is especially important for the neurodiverse community, according to Love 21 Foundation, a Hong Kong charity dedicated to improving their physical and mental health. The foundation is one of 13 NGOs selected to receive funding from this year’s Operation Santa Claus (OSC) charity campaign. With its second consecutive year of support for a three-year funded project, the charity will be able to continue offering personalised nutrition plans and tailored... https://www.scmp.com/news/hong-kong/society/article/3341192/hong-kong-charity-helping-neurodivergent-people-eat-better-exercise-more-and-belong?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3341192/hong-kong-charity-helping-neurodivergent-people-eat-better-exercise-more-and-belong?utm_source=rss_feed Mon, 26 Jan 2026 01:44:30 +0000 Enoch Yiu Enoch Yiu Investment bankers in Asia are set for their best payday since 2021, with UBS, Citigroup and Morgan Stanley raising bonuses by an average of 20 per cent, according to people familiar with the lenders’ plans. The fat cheques follow higher revenues powered by robust initial public offering (IPO) activity, vibrant stock and bond markets, and a steady flow of mergers and acquisitions in 2025. Representatives for UBS, Citigroup and Morgan Stanley declined to comment when reached by the... https://www.scmp.com/business/banking-finance/article/3341062/ubs-citigroup-morgan-stanley-boost-bonus-investment-bankers-20?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3341062/ubs-citigroup-morgan-stanley-boost-bonus-investment-bankers-20?utm_source=rss_feed Sun, 25 Jan 2026 23:30:13 +0000 Peggy Ye Peggy Ye Hong Kong’s housing market may be on the verge of a sharp rebound and a new upcycle after four years of decline, according to Praveen Choudhary, head of Asia gaming, Hong Kong and India property research at Morgan Stanley. Choudhary expects home prices to rise about 10 per cent in 2026 – among the most bullish forecasts for a market that has fallen roughly 30 per cent from a peak in 2021. For him, the call is less about a single year’s gain and more about a shift in the cycle after years of... https://www.scmp.com/business/article/3340953/all-signs-point-rebound-hong-kongs-housing-market-morgan-stanley-analyst?utm_source=rss_feed https://www.scmp.com/business/article/3340953/all-signs-point-rebound-hong-kongs-housing-market-morgan-stanley-analyst?utm_source=rss_feed Sun, 25 Jan 2026 02:00:15 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong homebuyers continued to show strong demand for new residential launches over the weekend, potentially pushing primary market transactions to a five-month high, according to agents. By 3.30pm on Saturday, about two-thirds of the 108 units released at Park Seasons – a Lohas Park project in Tseung Kwan O developed by Wheelock Properties and the city’s subway operator MTR Corp – had found buyers, agents said. On Friday, all 60 units on offer at K. Wah International’s Kabitat Tin Hau... https://www.scmp.com/business/article/3341104/hong-kong-homebuyers-keep-robust-demand-new-launches-draw-brisk-sales?utm_source=rss_feed https://www.scmp.com/business/article/3341104/hong-kong-homebuyers-keep-robust-demand-new-launches-draw-brisk-sales?utm_source=rss_feed Sat, 24 Jan 2026 09:01:03 +0000 Peggy Ye Peggy Ye A Nomura Holdings banker has bought a detached luxury house at Villa Rosa in Hong Kong’s Southern District for HK$75 million (US$9.6 million), highlighting the gradual return of foreign professionals and senior executives to the city’s high-end residential market as prices soften. Sachin Tulshyan, a Hong Kong-based managing director for equity products at Nomura, acquired the four-bedroom house in Tai Tam on December 5, according to Land Registry records. Nomura did not respond to a request for... https://www.scmp.com/business/article/3340970/nomura-banker-buys-hk75-million-house-hong-kong-luxury-market-steadies?utm_source=rss_feed https://www.scmp.com/business/article/3340970/nomura-banker-buys-hk75-million-house-hong-kong-luxury-market-steadies?utm_source=rss_feed Fri, 23 Jan 2026 08:30:13 +0000 Julie Zhang Julie Zhang As Chinese biotech and pharmaceutical firms gain importance on the global stage, foreign investors from sovereign wealth funds to industry players are securing strategic stakes in their future success. International institutional investors have built up significant positions in Chinese biotech firms over the past decade. These positions often approach, and in some cases exceed, the 5 per cent disclosure threshold for substantial shareholders in Hong Kong. BlackRock, the world’s largest asset... https://www.scmp.com/business/china-business/article/3340801/revealed-global-funds-blackrock-temasek-back-chinas-largest-biotech-firms?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3340801/revealed-global-funds-blackrock-temasek-back-chinas-largest-biotech-firms?utm_source=rss_feed Fri, 23 Jan 2026 00:30:09 +0000 Bloomberg Bloomberg Archegos Capital Management founder Bill Hwang is seeking a presidential pardon for his conviction in a high-profile Wall Street fraud case over the collapse of his US$36 billion family office, which scorched banks and helped topple Credit Suisse Group AG. Hwang, who is free on bail while appealing against the verdict behind his 18-year sentence, submitted a pardon application to the US Justice Department last year, according to a notice on the DOJ’s website. In 2024, a jury found him guilty of... https://www.scmp.com/news/world/united-states-canada/article/3340744/archegos-bill-hwang-seeks-trump-pardon-fraud-cost-banks-us10-billion?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3340744/archegos-bill-hwang-seeks-trump-pardon-fraud-cost-banks-us10-billion?utm_source=rss_feed Wed, 21 Jan 2026 18:08:55 +0000 Ralph Jennings Ralph Jennings China could launch anti-dumping investigations into Japanese imports, impose more export bans and discourage consumption of the country’s goods if it escalates a dispute with Tokyo that began in November, according to Morgan Stanley. Beijing might also expand a temporary ban on the sale of rare earth metals – crucial components in hi-tech hardware and automobiles – to target civilian manufacturing, the New York-based multinational investment bank said in a note by a team of researchers, led by... https://www.scmp.com/economy/china-economy/article/3340556/china-could-widen-curbs-japans-imports-rare-earths-if-tensions-worsen-morgan-stanley?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3340556/china-could-widen-curbs-japans-imports-rare-earths-if-tensions-worsen-morgan-stanley?utm_source=rss_feed Wed, 21 Jan 2026 00:00:20 +0000