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China Business
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China economy
Smartphones
Google’s Android transparency shift unnerves Chinese developers
Google is no longer developing Android in the open, which some developers believe could give an advantage to Huawei’s HarmonyOS.
28 Mar 2025 - 8:03PM
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Electric & new energy vehicles
Chinese EV industry pressed to accelerate global expansion amid tariffs
28 Mar 2025 - 8:00PM
TikTok
TikTok Shop to expand to Germany, France, Italy next week amid uncertainty in US
28 Mar 2025 - 5:23PM
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China property
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BlackRock sells last Shanghai asset at discount amid China retreat
The US firm is selling its last major asset in the city, Trinity Place, for 900 million yuan (US$124 million), according to sources.
28 Mar 2025 - 6:55PM
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A view of the Shanghai skyline and Huangpu river in 2022. Photo: Reuters
Alibaba
Alibaba’s AI crackdown: Taobao says e-commerce images must be ‘realistic’
Taobao’s initiative aligns with China’s broader regulatory efforts to address the misuse of generative AI.
27 Mar 2025 - 8:00PM
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Alibaba
Alibaba launches AI model that can process images and video on the go
The multimodal Qwen2.5-Omni-7B model is designed to run locally on mobile devices and tops rivals in some benchmarks.
27 Mar 2025 - 6:00PM
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SenseTime
SenseTime’s 2024 loss narrows even as it misses analysts’ forecasts
The company reported net loss of 4.3 billion yuan (US$592 million) in 2024, compared with estimate of 4 billion yuan loss.
27 Mar 2025 - 4:47PM
Visitors at SenseTime’s stand at the World Artificial Intelligence Conference (WAIC) in Shanghai on July 4, 2024. Photo: Getty Images.
Robotics
US robotics firms push for national strategy to compete with China
Tesla, Boston Dynamics and others are pushing for US policies that would boost American companies in the global robotics race.
27 Mar 2025 - 3:31PM
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Robotics
Unitree Robotics profitable since 2020, eyes expansion amid high demand
The Hangzhou start-up known for its robot dogs told local media it had no immediate plans for additional fundraising.
28 Mar 2025 - 10:16AM
China's economic recovery
China’s industrial profits unexpectedly fall in ominous sign for economy
Economists had predicted China’s industrial firms would record robust profit growth in the first two months of the year.
27 Mar 2025 - 10:55AM
Artificial intelligence
Alibaba chairman Joe Tsai questions AI’s limits, casts doubt on humanoid robots
Speaking at Alibaba’s Jumpstarter event, the entrepreneur said much of what humans value is not captured in training data.
26 Mar 2025 - 8:55PM
Alibaba chairman Joe Tsai speaks at the grand finale of the company’s Jumpstarter 2025 event on March 26. Photo: Handout
Semiconductors
‘Coming out’: Huawei-related chip tool maker makes splash at Semicon China
In the first public display of SiCarrier’s latest chipmaking equipment, the company’s booth drew throngs of visitors eager for more information.
26 Mar 2025 - 8:17PM
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China’s economic stimulus
China mends fences with big tech in consumption, employment push
Beijing is increasingly praising the tech sector as a driver of jobs and economic growth, but platforms may still be closely supervised.
26 Mar 2025 - 7:00PM
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Alibaba
Alibaba, Ant partner with home province to boost China’s AI drive
The two tech giants have become key partners in empowering government agencies with AI capabilities.
26 Mar 2025 - 6:30PM
Hong Kong stock market
China’s narrower tech gap with US creates investment opportunities: fund managers
CEOs of Primavera Capital, Franklin Templeton tout long-term potential of Chinese stocks at first World Economic Forum event in Hong Kong.
28 Mar 2025 - 9:37AM
Jenny Johnson of Franklin Templeton (left) and Fred Hu of Primavera Capital take part in a panel discussion at the World Economic Forum’s Centre for Financial and Monetary Systems 2025 Symposium in Hong Kong on March 26, 2025. Photo: Dickson Lee
Tencent
Tencent adds AI chatbot friend to WeChat to keep users glued to app
WeChat users can now add Yuanbao as a ‘friend’ and interact with the chatbot without downloading a separate app.
26 Mar 2025 - 5:15PM
Hong Kong stock market
‘China is back’ as Goldman, Morgan Stanley whet global appetite for equities
Morgan Stanley raised its year-end index targets for MSCI China and Hang Seng by more than 7 per cent on improved outlook for earnings and valuations.
27 Mar 2025 - 11:45AM
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Apple
Apple CEO meets top Chinese officials in charm offensive but offers no AI update
Cook was among 80 company executives who attended the China Development Forum, an annual event to facilitate dialogue with global investors.
26 Mar 2025 - 3:04PM
Apple CEO Tim Cook at the opening ceremony of the China Development Forum in Beijing on March 23, 2025. Photo: Pool via AP
CATL
CATL gets CSRC’s nod for Hong Kong IPO to raise at least US$5 billion
CATL plans to sell up to 220.17 million shares and could raise at least US$5 billion to fund new factories overseas.
26 Mar 2025 - 5:50PM
US-listed Chinese stocks
Chinese tea chain Chagee reveals revenue surge in US IPO filing
Net revenue nearly tripled to US$1.71 billion in 2024, company says as it prepares for Nasdaq listing.
26 Mar 2025 - 11:11AM
Hong Kong stock market
Hong Kong stocks rise, led by Chinese EV makers and tech firms
Investors take a cue from a Wall Street tech rally overnight and hunt for bargains following a recent correction, brokers say.
26 Mar 2025 - 4:45PM
China's economic recovery
In bid to woo more foreign investors, Shanghai pledges to loosen rules
China’s financial hub is putting in more effort to attract and retain overseas capital as economic, trade landscape grows more uncertain.
26 Mar 2025 - 11:31AM
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Shanghai, China’s financial capital, is redoubling its efforts to attract foreign investment. Photo: Shutterstock
Electric & new energy vehicles
BYD out-earns Tesla after out-making, out-selling Model 3 producer
Chinese EV maker is forecast to widen its lead over Tesla in 2025 and 2026 global sales, according to consensus compiled by Bloomberg.
26 Mar 2025 - 12:19PM
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Banking & finance
Hong Kong set to fund Chinese start-ups’ ‘jaw-dropping’ innovations
China is at the beginning of a long innovation story, according to speakers at the HSBC Global Investment Summit.
25 Mar 2025 - 6:00PM
Banking & finance
Alibaba’s Tsai says some AI bets like excess data centres are speculative
‘People are talking literally about US$500 billion, several US$100 billion [projects]. I don’t think that is entirely necessary,’ Tsai says.
25 Mar 2025 - 5:11PM
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