Zhipu AI bucked the downward trend to surge over 11 per cent as volatility surrounding its recent IPO share unlocking began to ease.
The Hang Seng Index closed high on Wednesday as investors stood firm and held onto newly unlocked shares following post-IPO lock up expiries.
Officials deploy multipronged strategy – from tax incentives to new gold clearing system – to recalibrate city’s global standing amid shifting capital flows, regulatory changes.
8 Jul 2026 - 7:39AM videocam
The governor of China’s central bank says Beijing is set to increase capital allocation to the city to 800 billion yuan under the Bond Connect scheme.
Three quarters of respondents expect to increase yuan allocations over the next one to two years.
China’s AI stocks entered the second half of 2026 with improving earnings momentum, but scepticism about the sector is increasing.
European banks, facing rising costs and energy instability, are turning to Hong Kong for funding, with Hungary’s OTP Bank leading the shift.
30 Jun 2026 - 7:29PM videocam
Bank for International Settlements says AI funding is funnelled through loosely regulated private credit channels, raising stability fears.
28 Jun 2026 - 5:00PM videocam
Listing changes and new product launches are set to bolster Hong Kong’s role as a global financial hub, deputy finance chief says.
Beijing is accelerating Shanghai’s offshore finance ambitions, raising questions over whether Hong Kong’s long-held edge can endure.
Tencent leads pack, but country’s largest listed firms remain dominated by state-owned banks, energy producers and consumer brands.
As the initial public offering sees Musk become the first ever trillionaire, China is also seeing growth in its tech uber-rich.
Pan Gongsheng tells representatives from about 30 central banks around the world that opening-up measures are working.
Ahead of SpaceX’s public listing on Friday, set to break records, here are some previous block-buster fundraisers.
Analysts say substantial passive inflows may follow the inclusion of MiniMax and Zhipu, though looming lock-up expiries risk diluting gains.
Some mainlanders have reported having applications to open Hong Kong accounts rejected amid China’s tightening cross-border investment controls.
7 Jun 2026 - 5:21PM videocam
Tighter overseas investment rules are leading some investors to shift to mainland-approved channels as Hong Kong brokers restrict access.
Survey shows many enterprises across the region invest heavily in AI, worried that their rivals will outpace them.
Singaporean operator leaves capital after 25 years as food court model loses favour amid rise of food delivery, shopping-mall evolution.
Country’s largest mudflat solar photovoltaic energy storage facility combines salt production with photovoltaic power generation.
Civil aviation in China returned to profitability in 2024, the industry’s first positive return after four years of pandemic-induced losses.
10 Jan 2025 - 8:32PM videocam
Consumer price index rose 0.2 per cent last year, matching 2023 figure as lowest increase since 2009.
State Post Bureau reports highest delivery volume ever, estimates a banner 2025 as consumption becomes economic imperative.
8 Jan 2025 - 7:30PM videocam
Tens of millions of tonnes of copper uncovered in resource-rich region as nation’s mineral-exploration breakthroughs mount.
With lower ticket sales and fierce competition from online entertainment, China’s film industry faces demotion in cultural status.
4 Jan 2025 - 12:00PM videocam
As bans on traditional fireworks become more common in China, the industry is capitalising on the growing popularity of drone shows and shifting to ‘cold fireworks’.
Official manufacturing purchasing managers’ index (PMI) dropped slightly in December, while non-manufacturing PMI saw a significant expansion.
Voucher programmes help reduce computing power rental costs for companies and researchers.
A plan for developing China’s snow and ice economy includes extending the duration of visa-free transit stays.
9 Jan 2025 - 12:54PM videocam
At central economic work conference, the country’s leadership emphasised the need to combat excessive cutthroat competition.