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China economy
Li Yi, founder and CEO of 51World, speaks during a briefing in Shenzhen on Tuesday. Photo: YouTube/ @51world
Robotics

Better robots depend on better data, Chinese firm 51World says

New devices and platforms to obtain real-world data for embodied AI can break the biggest hurdle to creating more capable robots, CEO says.

Wealth management

Goldman Sachs upbeat on wealth outlook despite worries over China’s tax scrutiny

Macau

Beyond the casino: Macau bets on modern finance, fintech in new five-year plan

Electric & new energy vehicles

Chinese robotaxi firms see reduced red tape in Europe as deployment picks up

Europe embraces self-driving technology, opening up further opportunities for Chinese companies to expand overseas fleet, says Pony AI CEO.

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A Pony AI robotaxi on an exhibition stand during the 2026 Auto China show in Beijing. Photo: dpa
A Pony AI robotaxi on an exhibition stand during the 2026 Auto China show in Beijing. Photo: dpa
Banking & finance

Hong Kong taps tech strength in joint venture to power gold settlement

Alibaba Cloud among partners chosen to create a platform for Hong Kong’s gold clearing and settlement system next year.

China stock market

China’s uneven economic recovery to drive investors back to AI stocks: analysts

The Star Market 50 index of mostly chipmakers rebounded 9 per cent in August, recouping some of the 26 per cent slump in the previous month.

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Hong Kong stock market

Hong Kong tech stocks fall as US bond rout, Iran war deadlock dent sentiment

Tech stocks sink as US bonds sell off on supply jitters, while China’s debt market diverges on sluggish data, spurring easing hopes.

Hong Kong Exchanges and Clearing Limited in Central. Photo: Jonathan Wong
Hong Kong Exchanges and Clearing Limited in Central. Photo: Jonathan Wong
Electric & new energy vehicles

Xiaomi ‘in no rush’ to turn vast AI spending into profits despite earnings slump

The Chinese tech firm has seen its net profits decline for three consecutive quarters, as it rapidly ramps up AI-related R&D spending.

Banking & finance

Beijing urges mainland insurers to invest in Hong Kong-listed ETFs

Hong Kong’s status as global financial centre receives a boost as China’s financial regulator touts city’s exchange-traded funds.

Bonds

Dim sum bond boom: record State Grid deal fuels Hong Kong offshore yuan surge

Lower yuan borrowing costs and longer maturities lure issuers, marking a fresh phase in the city’s expanding offshore market.

Nearly 500 billion yuan of offshore yuan bonds were sold in the first seven months of the year, according to Bank of China. Photo: AFP
Banking & finance

Margins rise for China’s commercial banks, but will weak lending undo the gains?

A rare uptick in margins lifted Chinese lenders in the second quarter, but falling loan demand and policy constraints loom large.

A woman walks past a row of buildings in Beijing’s central business district on July 31. Photo: EPA
A woman walks past a row of buildings in Beijing’s central business district on July 31. Photo: EPA
US-listed Chinese stocks

US billionaires reshuffle Chinese tech stock buys amid AI boom

Investors David Tepper and Stanley Druckenmiller are among those switching up their bets, with Chinese giant Baidu gaining investment from both.

China stock market

China’s state funds exit Kweichow Moutai as 25-year profit growth comes to end

Central Huijin Investment and China Securities Finance are not among Kweichow Moutai’s top 10 shareholders as of second quarter.

Electric & new energy vehicles

Geely’s Li Shufu hands over reins to younger generation for ‘healthy’ growth

China’s second-largest carmaker names new chairman and CEO in planned succession, as profit drops despite record revenue and export surge.

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Li Shufu, founder of Geely Auto, arrives for a session of the Chinese People’s Political Consultative Conference National Committee in Beijing on March 4. Photo: EPA
Hong Kong

China’s pharma contractors rally on pushback to US supply chain pressure

Genscript posted adjusted net profit of US$62.52 million for the six months ended June 30, a 203 per cent year-on-year surge.

Greater collaboration between Chinese biotech firms and multinational giants is expected to support growth this year. Photo: Shutterstock
Greater collaboration between Chinese biotech firms and multinational giants is expected to support growth this year. Photo: Shutterstock
China consumption

China’s economy cools amid debate about risks of global crisis

July data adds to signs of slowdown in China’s economy, while an ex-US trade representative argues that the nation’s over-reliance on exports poses global risks.

China stock market

Chinese hedge funds rotate out of Nvidia and US hyperscalers in AI trade

China’s top-ranked hedge fund managers change tactics to ride the changing wave of overseas investments and market dynamics.

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SCMP Highlights

China embraces ‘Grandpa Cute’; Southeast Asia’s monarchies: 5 weekend reads

From Chinese billionaire buying a Shanghai hotel to Southeast Asia’s monarchies, here are five stories you may have missed over the weekend.

The national higher education entrance examination is one of many pressures for young people in China. Photo: AP
The national higher education entrance examination is one of many pressures for young people in China. Photo: AP
Electric & new energy vehicles

Musk’s headaches: meet China’s corporate matrix challenging his empire

From Tesla to SpaceX, Starlink and Neuralink, Chinese companies are giving – or trying to give – Elon Musk’s firms a run for their money.

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Artificial intelligence

24 hours with Tencent’s WeChat AI agent: successes and stumbles

The new Xiaowei agent promises hands-free control across WeChat’s vast digital ecosystem. I set out to see whether it delivers.

Artificial intelligence

Home province of DeepSeek, Moonshot founders seeks to retain future AI talent

After losing top founders in artificial intelligence to rivals, the southern province aims to better attract, retain talent.

A view of Guangzhou, in China’s southern Guangdong province. Photo: Shutterstock
China property

Rebound in China luxury home sales divorced from rest of market: analysts

Data from a real estate consultancy shows 38 per cent rise in sales of homes priced between 30 million and 50 million yuan in first half.

The luxury Huafutiandi development in Shanghai.Photo: CFOTO/Future Publishing via Getty Images
The luxury Huafutiandi development in Shanghai.Photo: CFOTO/Future Publishing via Getty Images
Tencent

Honor of Kings great ‘Cat’ reflects on his past and future in esports

Chen Zhengzheng, legendary competitor in Tencent’s top mobile game, looks back and forward as he transitions to coaching at 28.

Electric & new energy vehicles

Karaoke in the car? China’s new wave of gadget-laden electric vehicles

China’s carmakers are competing to turn their vehicles into digital entertainment hubs, offering everything from film projectors to VR features.

Hong Kong stock market

From chasing robots to chasing profits: the numbers moving markets

Unitree Robotics, US inflation rates, gold prices, Hong Kong homes and CK Hutchison’s interim results were in the spotlight this week.

Unitree’s G1 humanoid robots sit next to a child interacting with the company's GO2 robot at a Unitree store in Beijing on August 1, 2026. Photo: Reuters
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