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UBS Group AG

UBS Group AG: A leading multinational investment bank and financial services firm, headquartered in Zurich and Basel, Switzerland. It specialises in global wealth management, personal and corporate banking, asset management, and investment banking. UBS primarily serves ultra-high net worth and high net worth individuals, institutional investors, and corporate clients worldwide, alongside retail clients in Switzerland. Recognised as the world’s largest private bank, it significantly expanded its market position by acquiring Credit Suisse in 2023. UBS also maintains notable sponsorship deals, including with Roger Federer. Its overall business focus is on client-centric solutions, innovation, and sustainable finance.

A worker is seen on the construction site of a State Grid substation in Xingtai, Hebei province, on October 14, 2025. Photo: Xinhua

China stock market

Chinese power stocks surge on State Grid’s record US$574 billion investment plan

Utility’s five-year plan to modernise grids and boost renewables lifts electricity equipment makers as AI demand drives energy growth.

16 Jan 2026 - 4:50PM

Electric & new energy vehicles

China’s subsidy change adds to EV makers’ stress, while petrol cars gain

15 Jan 2026 - 8:30PM

Electric & new energy vehicles

China-EU tariff consensus on EVs will cut shipments but boost profits

16 Jan 2026 - 3:07PM

China stock market

Hong Kong, China stocks to outpace US equities all year: analysts

Hang Seng Index poised to reach 30,000 as Chinese stocks’ valuations make them difficult for global investors to ignore, Tiger Brokers says.

15 Jan 2026 - 7:30AM

Traders work on the floor of the New York Stock Exchange on January 12, 2026. Photo: AP Photo

IPO

Alibaba, JPMorgan said to back Chinese chip firm’s Hong Kong listing

Montage Technology could raise up to US$900 million in an IPO as soon as this month, sources say.

14 Jan 2026 - 9:30PM

IPO

China’s stock rally on AI optimism to stretch fundraising frenzy in 2026

Tech companies on Shanghai, Shenzhen exchanges now trade nearly 40 per cent above the Nasdaq 100, boosting the appeal of going public.

15 Jan 2026 - 3:12PM

Mergers & Acquisitions

Johnnie Walker maker Diageo mulls options for China assets including sale: sources

Goldman Sachs and UBS are reviewing Diageo’s operations and are sounding out interest from local strategic buyers and private equity firms.

13 Jan 2026 - 5:48PM

Diageo has been trimming its global holdings as falling alcohol consumption has impacted its attempts to get drinkers to trade up to pricier beverages. Photo: Reuters

China stock market

UBS projects rosy view of Chinese stocks in 2026 as investors diversify holdings

‘Chinese assets’ appeal will further increase this year because of a sharpened focus on diversified investments,’ UBS’ Thomas Fang says.

13 Jan 2026 - 3:56PM

Hong Kong property

Hong Kong’s housing market gets a vote of confidence from major banks

Most financial institutions forecast price gains ranging from 5 to 10 per cent, supported by supply constraints and end-user demand.

12 Jan 2026 - 7:03PM

Electric & new energy vehicles

Tesla hits record sales; China carmakers eye third of global market: 7 EV reads

From automakers doubling down on discounts to Chinese robotaxis in the Middle East, here are seven EV stories you may have missed.

7 Jan 2026 - 12:28PM

Beijing has urged the sector to rein in price wars since July amid deflationary pressures, with even market leader BYD reporting its biggest net profit drop in more than four years. Photo: Xinhua

Electric & new energy vehicles

Nvidia chooses China’s Hesai for lidar in Hyperion autonomous driving platform

Hesai will supply lidar sensors for Nvidia’s Drive Hyperion, targeting L4 self-driving, as the firm accelerates global expansion.

6 Jan 2026 - 4:31PM

Hesai, whose clients include premium electric vehicle maker Li Auto and Geely, said it would double its lidar production capacity to 4 million units in 2026. Photo: Getty

Electric & new energy vehicles

China’s EV sector doubles down on discounts and cheap financing as growth cools

Carmakers are shifting from straight price cuts to subsidised loans and feature-packed models, as China’s EV price war drags on.

6 Jan 2026 - 11:59AM

IPO

Hong Kong’s IPO dominance in 2025 set to carry on into new year

The city’s exchange secures global bragging rights after 114 companies raised US$37.22 billion on the main board in 2025, according to LSEG.

2 Jan 2026 - 10:53PM

IPO

Shares in Chinese GPU start-up Biren soar in Hong Kong listing

Shares leap 82 per cent in debut after retail investors’ demand exceeds supply by 2,347 times.

2 Jan 2026 - 4:15PM

Zhang Wen, chairman and CEO of Biren, bangs the gong at the company’s listing ceremony in Hong Kong on January 2, 2026, as HKEX CEO Bonnie Chan (left) and Financial Secretary Paul Chan (second from right) look on. Photo: Jonathan Wong

Electric & new energy vehicles

China’s EV makers to corner one-third of global market by 2030, UBS says

Analysts see China’s EV edge enduring, citing overseas profits and supply chain strengths despite tariffs and Western protectionism.

1 Jan 2026 - 4:30PM

China’s carmakers are projected to generate most of their profits overseas. Photo: Reuters

IPO

China AI start-up MiniMax kicks off US$538 million Hong Kong IPO

Start of Shanghai-based company’s share sale follows launch of rival Zhipu’s US$560 million IPO a day earlier.

31 Dec 2025 - 11:20AM

IPO

China vital to Insilico’s plan to build biotech’s AI ‘Einstein’ for new drugs

US firm, backed by Fosun and Tencent, expands research base in China as it develops an AI-powered drug-discovery tool.

31 Dec 2025 - 2:26PM

China stock market

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.

27 Dec 2025 - 10:00AM

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

Electric & new energy vehicles

CATL poised to bring Yichun lithium output back online after licence lapse

With battery costs again under the spotlight, regulators are set to green light CATL’s restart of the Yichun mine in eastern China.

25 Dec 2025 - 4:04PM

Electric & new energy vehicles

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.

23 Dec 2025 - 8:45PM

IPO

Chinese GPU maker Biren kicks off bookbuilding for US$624 million Hong Kong IPO

The company, which is selling 247.7 million shares between HK$17 and HK$19.60 each, will become the first listing of 2026 on January 2.

22 Dec 2025 - 3:28PMvideocam

Biren’s IPO has attracted 23 cornerstone investors, including major asset management firms, domestic mutual funds and insurers. Photo: Handout

Ant Group

Alipay+ announces sponsorship deal with WNBA team New York Liberty

The sponsorship follows the designation earlier this month of Liberty player Sabrina Ionescu as Ant International’s global brand ambassador.

19 Dec 2025 - 9:00PM

Peng Yang (left), CEO of Ant International, with Clara Wu Tsai, governor of New York Liberty. Photo: Handout

HKEX

HKEX amends float rules to strengthen Hong Kong’s status as global finance hub

The reforms are meant to boost liquidity and attract high-quality companies, reinforcing the overall competitiveness of the capital markets.

17 Dec 2025 - 9:15PM

IPO

HashKey shares debut flat in Hong Kong amid bitcoin bear market

The firm, one of 11 licensed virtual asset trading platforms in Hong Kong, raised US$206 million in the city’s first crypto-native IPO.

17 Dec 2025 - 4:40PM

Electric & new energy vehicles

High-end car sales sink in China as cheaper brands trump European marques

Many buyers were swayed by a 20,000 yuan (US$2,830 ) trade-in subsidy offered by the government for purchasing electric and plug-in hybrid vehicles.

14 Dec 2025 - 3:22PM

Porsche’s all-electric Macan Turbo sports car is displayed at the 17th Beijing International Automotive Exhibition (Auto China 2024) on April 23, 2025. Photo: Shutterstock

China’s private sector

China’s growing young billionaire class masks innovation hurdles, analysts say

Technological innovation – one of Beijing’s top priorities – is helping to drive wealth creation, report says.

14 Dec 2025 - 11:00AM

Wang Ning, the 38-year-old founder and CEO of Pop Mart, is one of China’s youngest billionaires.

Hong Kong stock market

Hong Kong to keep IPO crown in 2026 on mega deals and return of US capital: UBS

A pipeline of mega listings, returning US investors and looser global monetary policy will help Hong Kong extend its IPO rebound next year.

11 Dec 2025 - 8:00PM

Ant Group

Ant International signs WNBA star Sabrina Ionescu as brand ambassador

Payments firm says star player ‘embodies the spirit of perseverance’ driving young people and small businesses to ‘uplift their communities’.

9 Dec 2025 - 12:01AM

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