Advertisement
Raymond Ma

Raymond Ma

Hong Kong
News Editor
Raymond is a 20-year veteran of the news and media industry in Hong Kong, with a special focus on the banking and financial services and metals and mining industries, as well as China. This is his second stint at the Post. He also previously wrote and edited news for S&P Global.
Raymond is a 20-year veteran of the news and media industry in Hong Kong, with a special focus on the banking and financial services and metals and mining industries, as well as China. This is his second stint at the Post. He also previously wrote and edited news for S&P Global.
Areas of Expertise:
Business, finance, China
Languages Spoken:
Cantonese, English

July trade robust, fresh Chinese sanctions, Unitree IPO opens

This week: July trade growth moderates, Beijing retaliates against US sanctions and services activity growth slips. Next week: Subscriptions start for Unitree IPO, Tencent and Chinese chipmakers report interim earnings, July factory gate prices and more.

Beijing tightens curbs on unmanned aerial vehicle exports after US robotics import ban, sanctions firms for aiding measures targeting Xinjiang.

Shares of firms including Zhongji Innolight, newly listed in Hong Kong, dive on news US is working on plan to ban imports from China of new models of their core product.

Top official greets scientists doing research from foundational to frontier, with country committed to raising R&D spending by at least 7 per cent a year.

Advertisement

Big three Chinese premium vehicle makers’ deliveries decline in July and central bank vows steps to foster economic growth as it hits a four-year low.

This week: China manufacturing surprisingly contracts, the Politburo dampens stimulus expectations, memory maker CXMT surges after IPO, and the US bans imports of Chinese robots. Next week: The PLA celebrates its 99th anniversary, July exports may cool, HSBC posts earnings, soccer giants play in Hong Kong, and more.

Nvidia supplier Innolight declines on its Hong Kong trading debut as once AI-hungry investors turn increasingly nervous about sector’s huge spending plans.

Overseas borrowers in China’s onshore yuan debt market will avoid some fees until 2028 as regulators seek to grow international use of the currency.

The reported start of production of chipmaking equipment in China has shaken up the global industry, even with efforts still trailing far behind leaders.

Chipmaker CXMT skyrocketed on its first day of trading on Shanghai’s Star Market, fuelled by a low IPO valuation and surging global demand for DRAM memory.

This week: Trump levies new tariffs against 60 US trading partners, China’s ‘national team’ investors prop up tumbling stock market, and Bessent threatens sanctions against Chinese AI developers. Next week: CXMT debuts in Shanghai followed by Zhongji Innolight in Hong Kong after blockbuster IPOs, China’s Politburo likely to discuss economy, ChinaJoy draws gamers in Shanghai, and more.

An overwhelming rush to sign up for Moonshot’s Kimi K3 model underscores how China is rapidly gaining ground on the US in artificial intelligence.

This week: China allows limited imports of Nvidia H200 chips, the US and Iran resume attacks in the Middle East, and a Chinese submarine fires a test missile into the Pacific Ocean. Next week: Second-quarter GDP numbers come out, CXMT starts mainland IPO, Hong Kong Book Fair opens its doors, and more.

Central bank chief Pan Gongsheng unveiled new steps to grow the yuan market in Hong Kong, underscoring the city’s role in boosting global use of China’s currency.

Plug-in hybrid owners will have to start paying an annual vehicle levy in China, as the shift to new-energy models lowers tax revenues while also worsening road damage.

This week: China signals openness to cutting EU trade gap, President Xi hails Communist Party’s ‘significant global influence’ and factory activity returns to expansion. Next week: Nato summit takes place in Turkey, US moves towards new tariffs, Kung Fu Soccer may hit the screens, and more.

This week: Automakers ready to debut 150-plus EVs before year-end, China blacklists US companies including rare earth miners, foreign businesses encouraged to sell shares in China. Next week: Commerce Minister Wang Wentao heads to Brussels, new overseas investment rules take effect, June factory activity data release and more.

Europe’s most valuable company is seeking to boost sales in China while its home government works to fend off tougher export controls from the US.

Vice-Premier Ding Xuexiang defended China’s exports after German Chancellor Friedrich Merz called for a Plaza Accord-style intervention to strengthen the yuan.

This week: The G7 moved to reduce reliance on Chinese rare earths, while the EU discussed trade defences, the US and Iran signed a peace deal that reopened the Strait of Hormuz, and China’s retail sales fell for the first time since 2022. Next week: Summer Davos takes place in Dalian, China’s legislators meet, Chinese hit indie movie Dear You opens in the US, and more.

Related Topics
YuanIPOUS-China relationsChina stock marketBanking & financeChina's military weaponsChina’s Communist PartyArtificial intelligenceElectric & new energy vehiclesUS-China trade war