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China Business
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China economy
Artificial intelligence
China-founded AI start-up Manus acquired by Meta for ‘billions’
Deal will bring Singapore-based Manus’ ‘leading agent to billions of people’, Meta says.
4 hours ago
IPO
China’s Zhipu AI launches US$560 million share sale amid heated IPO tech race
1 hour ago
Hong Kong stock market
Hong Kong stocks edge higher on last full trading day of year
1 hour ago
IPO
China vital to Insilico’s plan to build biotech’s AI ‘Einstein’ for new drugs
US firm, backed by Fosun and Tencent, expands research base in China as it develops an AI-powered drug-discovery tool.
30 Dec 2025 - 10:13AM
Insilico is training and testing an AI-powered drug-discovery tool to enable faster, cheaper and more successful drug discovery. Photo: Handout
IPO
Insilico Medicine leads 6 Hong Kong IPOs, capping banner fundraising year
Debutants raise total of US$899 million as exchange wraps up one of the most active months for IPOs since 2021.
10 minutes ago
Made in China 2025
Chinese firms flock to Dubai free zones to navigate trade barriers, expand reach
JD.com, CNBM, carmakers and hundreds of other Chinese companies use the hub to reach consumers across Asia, Africa and Europe.
30 Dec 2025 - 8:00AM
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Robotics
Chinese robot vacuum maker Dreame gives staff gifts of gold, trip to Antarctica
Dreame’s surprise largesse reflects its robust business growth in 2025, as it remains one of the world’s top robot vacuum cleaner brands.
29 Dec 2025 - 7:32PM
A Dreame 10s Ultra robot vacuum cleaner. Photo: Dreame
Banking & finance
OCBC, Bangkok Bank, First Abu Dhabi join US$14 billion offshore yuan scheme
Leading banks from Southeast Asia and the Middle East are taking part in the programme, underscoring the city’s push as an offshore yuan hub.
29 Dec 2025 - 6:30PM
Electric & new energy vehicles
China’s oldest carmaker FAW buys US$534 million stake in EV assembler Leapmotor
‘Leapmotor aims to achieve annual deliveries of 4 million units a year in 10 years’ time,’ founder and CEO Zhu Jiangming says.
29 Dec 2025 - 3:31PM
Accounting and auditing
Hong Kong accounting firms plan hiring spree and embrace AI to attract talent
KPMG, Deloitte and EY boost hiring and invest in AI to lift efficiency and attract talent amid rising demand for tech-savvy professionals.
29 Dec 2025 - 12:00PM
Hong Kong stock market
Hong Kong stocks fail to hold on to gains on slow trade
Sentiment swings between concerns over a weakening growth outlook and bets that Beijing will step up policy easing to prop up the economy.
29 Dec 2025 - 4:44PM
A view of Exchange Square in Central, where Hong Kong’s bourse operator is based, on May 18, 2025. Photo: Sam Tsang
Hong Kong stock market
Xiaomi dips on co-founder’s US$2 billion share sale plan
Co-founder and vice-chairman Lin Bin plans to offload no more than US$500 million in any 12-month period starting in December 2026.
29 Dec 2025 - 4:25PM
Robotics
How a Chinese start-up is scaling 3D printing from sneakers to robots
Materials expert Wang Wenbin founded PollyPolymer in 2017 and developed a mature 3D-printing technology for footwear two years later.
29 Dec 2025 - 10:02AM
Greater Bay Area
Greater Bay Area assets poised to lead surge in China’s expanding C-REIT market
By the end of last month, China had nearly 80 C-REITs, raising a total of over US$28.3 billion, according to Cushman & Wakefield.
28 Dec 2025 - 11:30AM
Electric & new energy vehicles
Dozens of Chinese EV makers under pressure to fold or trim operations: analysts
Grappling with expiring cash subsidies and tax incentives, China’s car market is forecast to see deliveries slump next year.
28 Dec 2025 - 9:46AM
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About 50 unprofitable Chinese electric vehicle makers face pressure to scale down their business or wind down operations. Photo: Shutterstock
Semiconductors
Nexperia China eyes new wafer suppliers amid legal fight with Dutch chipmaker
Nexperia owner Wingtech says the China unit produced more than 11 billion chips since mid-October, despite wafer supply constraints.
27 Dec 2025 - 6:36PM
6
China stock market
From hope to hard numbers: China stocks will need profits to boost the bull run
Chinese shares surged in 2025 on a confidence-led re-rating – strategists now say the next leg in 2026 will hinge on an earnings uplift.
27 Dec 2025 - 10:00AM
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Semiconductors
China’s CXMT in crosshairs of South Korean prosecutors over Samsung tech leak
Prosecutors in Seoul indict 10 people, including ex-Samsung executives, for allegedly leaking the firm’s technology to memory chipmaker CXMT.
27 Dec 2025 - 7:00AM
Seoul prosecutors say the leak of Samsung’s proprietary DRAM technology benefited Chinese memory chip rival CXMT. Photo: AFP
Semiconductors
Chinese EV battery giant CATL and Guoxin Micro set up new automotive chip firm
The two companies expect to launch Tongxin Micro Technology as a developer of automotive domain controller chips.
26 Dec 2025 - 11:14PM
China stock market
Launch window opens for China’s space companies as LandSpace advances IPO
LandSpace has completed IPO tutoring with Chinese regulators, putting it a step closer to a Shanghai Star Market listing.
26 Dec 2025 - 5:28PM
China property
Beijing municipality eases home purchase curbs to shore up sluggish market
China’s property sector, once a pillar of economic growth, has been on a downward trajectory since the second half of 2021.
26 Dec 2025 - 4:00PM
Made in China 2025
China’s rising biotech clout on show in flurry of billion-dollar licensing deals
A burst of overseas licensing pacts is spotlighting China’s biotech sector, as Jacobio, Coherent Biopharma and Harbour BioMed land deals.
26 Dec 2025 - 10:47AM
The latest transactions reflect a broader pattern of multinational drugmakers turning to Chinese biotechs for pipeline replenishment. Photo: Shutterstock
Hong Kong stock market
Firmer yuan fuels share gains on bets Beijing will tolerate appreciation
Chinese equities edged higher on Friday, led by BYD, after the offshore yuan climbed through 7 per dollar for the first time since 2024.
26 Dec 2025 - 3:39PM
Smartphones
Xiaomi’s 17 Ultra, backed by Leica, challenges Apple’s iPhone Pro Max in imaging
The 17 Ultra’s US$998 starting price is nearly 8 per cent higher than the previous generation owing to the soaring cost of memory chips.
25 Dec 2025 - 11:14PM
Mergers & Acquisitions
Mercedes-Benz buys US$191 million stake in Chinese autonomous driving developer
The German carmaker obtains a 3 per cent stake in Chongqing Qianli Technology.
25 Dec 2025 - 9:00PM
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