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China Business
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China Business
Chinese EV makers’ global plans hit bumps amid Beijing’s warning, failed deals
After officials warned against investments in EU countries that favoured recent tariffs, EV makers may need to rethink their strategies.
13 minutes ago
Germany’s BioNTech buys Biotheus in US$800 million push into cancer drugs
1 hour ago
Hong Kong stocks hit 7-week low after first-ever typhoon trading session
52 minutes ago
China Business
Why Chinese solar producers are not worried about Trump tariffs
Chinese firms to prepare for worst-case scenario of Trump slapping tariffs on shipments from their bases in Southeast Asia.
5 hours ago
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An employee works on solar photovoltaic modules for export at a factory in Sihong in eastern China’s Jiangsu province in September 2024. Photo: AFP
Big Tech
Shenzhen’s soaring R&D spending rivals Beijing, dwarfs Hong Kong
The southern city put nearly US$31 billion into R&D last year, driven partly by robust spending from tech giants like Huawei.
13 Nov 2024 - 10:43PM
China Business
BYD shrugs off Europe EV tariffs to deliver Sealion 07 SUV from 2025
Chinese EV makers are pushing sales in export markets amid stiff competition, sluggish economy at home.
13 Nov 2024 - 6:20PM
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Big Tech
Tencent beats estimates with 47% profit jump, driven by video gaming
Video gaming sales, traditionally Tencent’s strongest revenue driver, grew 14% in the domestic market.
13 Nov 2024 - 9:51PM
7
China EVs
China battery giant CATL would build US plant if Trump allows it, chairman says
Trump wants to block Chinese EV, battery imports but open to US plants with American workers.
13 Nov 2024 - 2:48PM
Visitors look at a display of CATL operations at the Chinese battery maker’s headquarters in Ningde, Fujian province, on November 8, 2024. Photo: Reuters
Tech War
TikTok hires hundreds of Chinese workers in US despite scrutiny
More than 60 per cent of the over 1,000 approved H-1B hires for TikTok and ByteDance last financial year were from China.
13 Nov 2024 - 11:03AM
Business
China unveils new tax breaks to boost home sales, free up household cash
‘Pretty sizeable’ reductions would ease burdens on buyers and sellers, accelerating listings and sales, analyst says.
3 hours ago
China Business
Hong Kong stocks cap longest losing run in 2 months on stimulus letdown
Investors have started to ‘lose confidence and patience’ as they wait for China to enact ‘whatever it takes’ measures, analyst says.
13 Nov 2024 - 4:24PM
Big Tech
Alibaba, JD.com claim big win in Singles’ Day sales as consumption picks up pace
The two e-commerce giants reported a large number of active buyers in this year’s edition of the world’s largest annual shopping festival.
13 Nov 2024 - 12:58AM
Women walk inside a fashion accessories store displaying Singles’ Day discounts at a Beijing shopping centre on November 11, 2024. Photo: AP
Tech War
China’s tech firms fear bigger curbs as TSMC stops AI chip supply
A wider shipment ban on TSMC-made chips could affect a range of mainland businesses from electric vehicles to smartphones.
12 Nov 2024 - 9:29PM
Big Tech
Baidu boasts strong AI user growth alongside launch of first smart glasses
At Baidu World 2024, where it announced the new Xiaodu AI Glasses, CEO Robin Li said the Ernie model now sees 1.5 billion API calls per day.
12 Nov 2024 - 7:32PM
China Economy
China’s widebody C929 jet lands first buyer at top-flight Zhuhai air show
The home-grown C929, still under development, was the subject of a preliminary purchase agreement at China’s premier air show.
12 Nov 2024 - 9:52PM
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25
China Business
Hong Kong stock benchmark drops below 20,000, surrendering stimulus gains
Hang Seng Index falls to lowest point since September 25, erasing a policy-induced rally that had added as much as 27 per cent.
12 Nov 2024 - 4:44PM
17
People walk past Exchange Square, home of Hong Kong’s bourse operator, on October 8, 2024. Photo: AP
China EVs
Trump’s return dims outlook for Chinese EV makers amid tariff threats
Chinese EV makers can opt to set up a base in the US, take the tariff blows or find new markets elsewhere, according to Pareto Economics.
12 Nov 2024 - 3:20PM
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11
Big Tech
Alibaba sees Singles’ Day campaign pay off with strong sales in major categories
The top-performing product categories for Alibaba’s Singles’ Day campaign were home appliances, consumer electronics, beauty and apparel.
12 Nov 2024 - 1:37AM
Tech Trends
China’s ‘AI Tiger’ Zhipu in race to boost video-generation features
The updated version of Ying will be able to generate 10-seconds long 4K high-definition video clips at 60 frames per second, Zhipu says.
11 Nov 2024 - 6:00PM
Tech War
China’s AI chip unicorn Moore Threads moves closer to possible IPO
The GPU and AI-accelerator start-up, founded by an Nvidia veteran, has become a joint-stock company after fresh investments.
11 Nov 2024 - 5:00PM
Moore Threads is one of China’s top GPU designers. Photo: Handout
China Business
Hong Kong landlords head for the exit when the going is good
Owners seize upon market optimism amid rate cuts and easing restrictions before a supply glut and uncertain economy derail sentiment.
11 Nov 2024 - 5:00PM
Business
SCMP launches homepage to showcase China’s future technology
The China Future Tech section provides readers with a one-stop homepage for tracking the latest developments and trends in the six sectors.
11 Nov 2024 - 4:27PM
Business
Investors look past debt clean-up plan as minister pledges more proactive policy
A number of market participants say there is reason to believe that more economic relief is on the way.
11 Nov 2024 - 12:19PM
OPINION
Nicholas Spiro
Macroscope
|
The most important part of China’s fiscal stimulus? Expectation management
7 Nov 2024 - 9:23PM
Nicholas Spiro
The View
|
China’s property prospects aren’t all doom and gloom
4 Nov 2024 - 5:20PM
Nicholas Spiro
Macroscope
|
Will China replace India and Japan as Asia’s new investment darling?
31 Oct 2024 - 2:47PM
Perry Wong
,
Yeen Chong
Opinion
|
China pushes ahead on its long march to become a global tech leader
13 Oct 2024 - 9:11PM
Anthony Rowley
Macroscope
|
As the world heats up, who will take charge of our survival?
12 Oct 2024 - 4:30PM
4
Zhou Xin
My Take
|
China’s stock-market frenzy reflects social media’s growing sway over investors
8 Oct 2024 - 7:00AM
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