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IPO
China’s DRAM giant CXMT plans US$4.2 billion IPO on Shanghai’s Star Market
Listing aims to fund wafer expansion and DRAM upgrades as Beijing drives tech self-reliance.
44 minutes ago
IPO
China AI start-up MiniMax kicks off US$538 million Hong Kong IPO
3 hours ago
China-EU relations
Airbus scores major win in China with orders for 145 A320 aircraft
58 minutes ago
videocam
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ByteDance
Exclusive
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ByteDance to pour US$14 billion into Nvidia chips in 2026 as AI demand surges
Chinese unicorn’s computing needs have climbed across its portfolio of popular apps, cloud unit Volcano Engine and large language models.
5 hours ago
5
ByteDance plans to spend about 100 billion yuan on AI chips from Nvidia in 2026 if the US company is allowed to sell its H200 graphic processing units in China, sources say. Photo: Handout
Hong Kong property
Exclusive
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US anti-piracy firm Vobile buys top floor of Bank of America Tower at a discount
The Emmy-winning firm has bought the top floor of the US bank’s Admiralty office for US$25.4 million – more than 60 per cent below its peak.
6 hours ago
Mainland China
China’s second-hand boom fuels bruising battle for trade-in traffic
Recycling platform ATRenew is scaling up as China’s young consumers shed the stigma around second-hand shopping.
31 Dec 2025 - 7:30AM
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Hong Kong property
Hong Kong’s SHKP nudges up prices on latest Sierra Sea flats on offer
Developer offers 148 units in Phase 2A of Sierra Sea development, expecting strong demand from homebuyers.
30 Dec 2025 - 5:45PM
A general view of Sun Hung Kai Properties’ Sierra Sea residential development. Photo: Edmond So
IPO
China’s Zhipu AI launches US$560 million share sale amid heated IPO tech race
The company, marketed overseas as Z.ai, eyes US$6.6 billion valuation with Hong Kong’s first large language model listing.
30 Dec 2025 - 4:16PM
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
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.
30 Dec 2025 - 5:26PM
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
The Jebel Ali Free Zone at the western end of Dubai. Photo: Handout
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
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
Customers try Xiaomi 17 series smartphones at a Xiaomi store in Nanjing, in eastern China’s Jiangsu province, on September 27, 2025. Photo: VCG via Getty Images
Hong Kong property
Hong Kong developers test ultra-luxury home demand with new launch on The Peak
As property prices stabilise and rents are on the rise, affluent buyers are being enticed with a fresh supply of high-end homes.
28 Dec 2025 - 10:00AM
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
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Fintech
Why Hong Kong is emerging as the world’s AI crossroads between East and West
Hong Kong’s AI sector comprises 500 organisations, 290 companies and 183 investors active in finance, healthcare and government services.
26 Dec 2025 - 2:30PM
Hong Kong is well positioned as an international hub for AI-driven innovation. Photo: May Tse
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
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
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.
25 Dec 2025 - 4:04PM
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.
25 Dec 2025 - 3:00PM
Artificial intelligence
AI-for-Science start-up DP Technology raises US$114 million in Series C round
The Beijing-based AI-for-Science firm said the Series C round would fund hiring and R&D, as interest grows in using AI to speed up scientific discovery.
24 Dec 2025 - 9:24PM
Artificial intelligence
ByteDance, other major Chinese tech firms lead local consumer AI market: report
ByteDance-owned Doubao remains the country’s top consumer AI app, as DeepSeek’s namesake chatbot takes the No 2 spot.
24 Dec 2025 - 8:31PM
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