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A Dreame 10s Ultra robot vacuum cleaner. Photo: Dreame
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.

Banking & finance

OCBC, Bangkok Bank, First Abu Dhabi join US$14 billion offshore yuan scheme

Electric & new energy vehicles

China’s oldest carmaker FAW buys US$534 million stake in EV assembler Leapmotor

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.

AI is helping accountants take on new and different job roles, according to KPMG. Photo: Getty Images
AI is helping accountants take on new and different job roles, according to KPMG. Photo: Getty Images
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.

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.

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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.

3D-printed footwear accounts for 60 per cent of PollyPolymer’s total revenue. Photo: Handout
3D-printed footwear accounts for 60 per cent of PollyPolymer’s total revenue. Photo: Handout
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.

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.

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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.

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Nexperia’s China unit expects to complete the validation of potential domestic wafer suppliers in the first half of next year. Photo: Shutterstock
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.

Earnings, and not valuations, will be the main booster for China’s equities in the year ahead. Illustration: Henry Wong
Earnings, and not valuations, will be the main booster for China’s equities in the year ahead. Illustration: Henry Wong
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.

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.

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.

The Zhuque-3 rocket blasts from the Dongfeng commercial space innovation pilot zone on December 3, 2025. Photo: Getty
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.

A cyclist rides past a residential construction site in Beijing on November 13, 2025. Photo: Getty Images
A cyclist rides past a residential construction site in Beijing on November 13, 2025. Photo: Getty Images
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.

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.

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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.

Xiaomi’s new 17 Ultra premium smartphone. Photo: Weibo
Xiaomi’s new 17 Ultra premium smartphone. Photo: Weibo
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.

China stock market

UBTech’s US$237 million Fenglong deal tightens humanoid robot supply chain

Hong Kong-listed UBTech is buying a 43 per cent stake in Zhejiang Fenglong, as China’s robotics firms increasingly eye A-share acquisitions.

Electric & new energy vehicles

CATL poised to bring Yichun lithium output back online after licence lapse

With battery costs again under the spotlight, regulators are set to green light CATL’s restart of the Yichun mine in eastern China.

A restart of the Yichun lithium mine could strengthen CATL’s output capacity at a time when carmakers are pushing suppliers to cut costs. Photo: AFP
Electric & new energy vehicles

Chinese SUV maker Jetour pushes localised offerings to hasten go-global drive

Jetour is already present in more than 100 countries and regions after seven years in operation.

Jetour International president Ke Chuandeng speaks at a fan gathering in Abu Dhabi on December 20,2025. Photo: Handout
Jetour International president Ke Chuandeng speaks at a fan gathering in Abu Dhabi on December 20,2025. Photo: Handout
Artificial intelligence

China’s AI toy boom: Huawei, JD.com, UBTech make big push into growing sector

China’s AI toy sector is forecast to expand to US$12 billion by 2030, up from US$3.5 billion this year.

China stock market

China stocks recover from early losses on cautious PBOC policy tone

Mainland stocks closed higher after paring earlier losses as investors read the central bank’s latest messaging as supportive but restrained.

Semiconductors

Chinese AI champion iFlytek forms new entity to expand into semiconductor design

Shandong Yixun Information Technology’s scope of operations includes integrated circuit design and other AI-related fields.

The latest move by iFlytek underscores the growing importance of semiconductor design in China. Photo: Shutterstock
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