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JD.com
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JD.com

JD.com
JD.com
Founded by Richard Liu Qiangdong in 1998, JD.com’s business-to-consumer (B2C) e-commerce platform has become China’s second largest online B2C retailers, specialising in electronics, smartphones, and gadgets. JD.com is a key rival of Alibaba’s e-commerce platforms Tmall and Taobao.
Zhipu apologised on Saturday after users in China and overseas reported issues with the company’s flagship “GLM coding plan” product. Photo: Shutterstock
Artificial intelligence

Zhipu AI’s shares tumble nearly 23% on computing woes, user complaints

The Hong Kong-listed firm is the first Chinese AI developer to issue a public call urging support for its GLM model.

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Robotics

China’s humanoid robot orders surge after Spring Festival spotlight

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China jobs

Year-end bonuses shrink in China amid slowing growth, report finds

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Hong Kong stock market

Hong Kong stocks rise to wrap up best lunar-year performance in eight years

As market closes for Lunar New Year, benchmark hits 32 per cent gain since the Year of the Snake began in January 2025.

A sign in Central shows Hong Kong stock information on February 6, 2026. Photo: Jonathan Wong
Artificial intelligence

Beijing warns tech giants to curb ‘involution’ amid AI giveaway war

Companies should ‘uphold a fair and competitive’ environment to ‘foster innovation and healthy development’, regulator says.

Meituan

Meituan warns of US$3.5 billion loss amid intense food delivery price war

Food delivery giant expects losses to continue into at least the first quarter of 2026 ‘due to ongoing competition’.

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Hong Kong stock market

Hong Kong stocks slip as regulator summons tech firms over train tickets

Approaching Lunar New Year holiday also dampens investors’ enthusiasm for technology stocks, analyst says.

Travelers wait with their luggage outside a train station in Beijing on February 10, 2026. Photo: EPA
Trending in China

Stars with names sounding like Chinese character for horse gain popularity in China

Names hold deep significance in Chinese culture, symbolising hope, luck, and prosperity, especially during the Lunar New Year.

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Hong Kong stock market

Hong Kong stocks drop as mainland tech firms, metals and crypto slide

Hang Seng Index follows US declines as AI worries and falling prices for gold, silver and cryptocurrency rattle investors.

China trade

China’s outbound investment surges to 7-year high amid data centre, energy boom

Chinese investment is increasingly focusing on energy and raw materials projects in low and middle-income regions, report finds.

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Construction workers walk to a data centre under construction in Malaysia. Chinese investment in data centres in Southeast Asia surged last year, according to a new report. Photo: AP
Artificial intelligence

Funding surge powers Chinese robotics firms as focus shifts to humanoid ‘brains’

State-backed funds, Big Tech drive fresh capital into robotics companies, betting on operating systems that underpin humanoid intelligence.

A humanoid robot at the Beijng World of Robots. A new wave of firms is emerging with capital directed towards robotic software and operating systems. Photo: Xinhua
Trending in China

Book on Guandan, China poker-like game, accepted into Harvard Library; nation’s premier is a fan

Author says penetrating academia in US will help spread knowledge about game which means ‘throwing eggs’ in English.

Sweden

Multinationals race into China’s US$143.9 billion instant retail market

Ikea, Continental and Aldi Nord enlist local partners to launch faster, more comprehensive delivery services than they offer abroad.

China trade

What has UK PM Starmer achieved in China – and what next for Sino-British ties?

The British leader’s trip has so far yielded tariff cuts and agreements on trade and investment.

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Britain’s Prime Minister Keir Starmer shakes hands with President Xi Jinping, ahead of a bilateral meeting in Beijing on January 29. Photo: Reuters
Hong Kong stock market

Hong Kong stocks rise for seventh day, briefly cross 28,000 mark

Zijin, CNOOC, PetroChina, Longfor and China Overseas Land lift Hang Seng Index from early slump.

Hong Kong stocks rise for seventh day, Photo: Karma Lo
Hong Kong stock market

Hong Kong stocks search for direction amid geopolitical concerns

Gold crosses US$5,000 for the first time amid mounting geopolitical uncertainty and growing investor aversion to major currencies.

Hong Kong stock market

Hong Kong stocks advance as investors turn to China amid Middle East uncertainty

Hang Seng Index extends rally as regional markets find support amid rising tensions between the US and Iran.

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IPO

Chinese chain Qdama, known for its night discounts, plans Hong Kong IPO

The leading seller of meat and fresh produce on the mainland plans to open 1,400 stores in the next five years using proceeds from the IPO.

A Qdama store in Hong Kong’s Quarry Bay district. Photo: Handout
Made in China 2025

China’s weight-loss drug war: prices slashed up to 80% as obesity crisis worsens

Foreign, local firms fight for market share as number of overweight or obese adults could top 630 million by 2050, from 400 million in 2021.

Hong Kong stock market

Hong Kong stock rally fades as investors reassess China’s economic outlook

While producer prices beat estimates and consumer prices rose, analyst says the readings must be interpreted cautiously.

Retailing

Furniture retailer Ikea to close 7 stores in China amid property market slump

The firm plans to open more than 10 small-format outlets in key cities over a two-year period.

Ikea’s new strategy underscored the retailer’s sharpened focus on the furniture-replacement segment of the market, as new-home furnishing demand had declined. Photo: Shutterstock
China trade

China, South Korea sign US$44 million in trade deals after years of friction

High-level summit strengthens bilateral ties after years of strained relations, as China shores up regional relationships amid row with Japan.

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(L-R) South Korean President Lee Jae Myung and his wife, Kim Hea Kyung take a selfie with Chinese President Xi Jinping and his wife, Peng Liyuan, by using a Xiaomi smartphone following a state dinner in Beijing on Monday. Photo: EPA/Yonhap/South Korea Out
China economy

Price wars in China

Intense price competition in China, known as “neijuan” or involution, is causing deflationary risks, corporate losses, reduced investments and wage pressure.

ByteDance

China’s tech giants offer lavish year-end bonuses amid AI talent war

ByteDance is expanding its bonus pool by 35 per cent from a year earlier, as well as increasing the budget for pay rises by 150 per cent.

Made in China 2025

Chinese firms flock to Dubai free zones to navigate trade barriers, expand reach

JD.com, CNBM, carmakers and hundreds of other Chinese companies use the hub to reach consumers across Asia, Africa and Europe.

The Jebel Ali Free Zone at the western end of Dubai. Photo: Handout
Cryptocurrency

Trip.com tests stablecoin, offering USDT and USDC for prepaid bookings

The travel platform switched on stablecoin checkout in select markets, a cautious offshore pilot as Beijing keeps crypto crackdown in place.

Trip.com’s stablecoin move comes despite Beijing’s hard line on crypto-related activity. Photo: Shutterstock
Artificial intelligence

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.

Crime

Burglary of JD.com warehouse in France prompts investigation, speculation

The theft, with over 50,000 items stolen by some estimates, casts a shadow over the Chinese e-commerce giant’s first Christmas in France.

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