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Themis Qi
Reporter, Business
Themis joined SCMP in 2025 as a business reporter. She previously covered business trends in Hong Kong and mainland China with topics including financial market, EV and new energy. Prior to joining SCMP, she worked for The Standard for more than three years. She holds a master's degree in journalism from the Hong Kong Baptist University.
Themis joined SCMP in 2025 as a business reporter. She previously covered business trends in Hong Kong and mainland China with topics including financial market, EV and new energy. Prior to joining SCMP, she worked for The Standard for more than three years. She holds a master's degree in journalism from the Hong Kong Baptist University.
Areas of Expertise:
Finance, new energyLanguages Spoken:
Cantonese, English, Mandarin
Geely’s and Wuling’s sub-100,000 yuan battery EVs ranked first and second in mainland China last year, each selling over 400,000 units.
The gauge has fallen 5.5 per cent this year, while newly listed AI firms Zhipu AI, MiniMax and Beijing Haizhi are up at least fivefold.
Investors scramble for opportunities to maintain market momentum after the AI frenzy shows signs of losing steam.
Investors are like crocodiles waiting to strike, Jupiter says, as bullion eyes new highs amid continuing geopolitical and policy tension.
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More than 200,000 people file complaints as UBS SDIC’s attempted remedy for sudden change of fund’s price benchmark falls flat with some.
Far wider disparity than other markets may indicate talent issues on the low end, lack of independence on the high end, lawmaker says.
As Labubu’s meteoric rise cools, Molly’s longevity highlights the challenge Pop Mart faces in turning hype into stable intellectual property.
Regulator bans tactics that result in a net loss per vehicle after a 7 per cent drop in the average car price.
The auditing firm’s survey shows a 25 per cent increase in the city’s single-family offices over two years, with the affluent wary of US volatility.
Axera attracted HK$22.34 billion from retail investors during the bookbuilding period, marking an oversubscription of 74.4 times.
The Chinese giant pulls an ace from its sleeve amid fierce EV competition by bringing sodium-ion batteries to the mass-produced car market.
The Naxtra battery, more price-stable and cold-resistant than the lithium-ion units now powering most EVs, will undergo its first tests this week.
Banking regulator sets fintech road map with quantum index and measures to boost security, data quality and skills.
Eastroc, which raised US$1.3 billion in city’s biggest IPO so far this year, draws strong retail demand amid heightened regulatory scrutiny.
Some retreat to the sidelines as another fund suspends new investments and futures plunge, while others remain determined to buy the dip.
The bank’s mobile app and in-person services at several branches were unavailable for up to several hours for some customers during the outage.
The trading halts and alerts aim to ‘maintain the stability of the capital markets’ and protect investors from ‘huge losses’, analyst says.
Shares of Labubu toymaker Pop Mart jumped after the Chinese firm unveiled plans to open more than 20 new stores in the US this year.
Executives are urging a measured approach as Chinese firms turn to global markets amid intensifying competition at home.
Office in city is ‘vital’ to service financial institutions ‘where they’re seeing a lot of their growth’, executive says.
Stock exchanges have become another barometer in the US-China tech rivalry as markets assess a wave of start-ups in real time.
A policy-backed push to build commercial space champions is reshaping China’s IPO pipeline, with regulators signalling faster pathways.
As China seeks new engines of growth, finance is emerging as an unexpected backer of the country’s commercial space ambitions.
Already home to world’s largest power system, Beijing moves to lock in advantage through record investment.
Utility’s five-year plan to modernise grids and boost renewables lifts electricity equipment makers as AI demand drives energy growth.
Chinese carmakers sold more than 2.6 million units to overseas markets last year, up 104 per cent from a year earlier, association says.
China exported 206 gigawatts of photovoltaic modules in the first nine months of 2025, up 10 per cent from a year earlier.
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.
GigaDevice shares surge as investors chase Beijing’s self-sufficiency theme, with retail demand oversubscribed more than 540 times.
