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Chester, the fifth phase of the Midtown South redevelopment in Hung Hom. All 123 units were sold on Saturday. Photo: Chester
Hong Kong property

Hung Hom flats sell out as Hong Kong homebuyers brush aside Middle East risks

All 123 units at Chester were sold, with strong demand pointing to a steady recovery in Hong Kong’s residential sector.

Mainland China

HKIC chief sees opportunities in advanced tech across China and Hong Kong

Mainland China

How China’s EV makers think they can outrun disastrous price wars

Electric & new energy vehicles

BYD’s four-year profit run ends, eyes global markets as next engine of growth

Earnings at China’s EV leader fall short of expectations amid intense domestic competition.

The Shenzhen-based company reported a net profit of 32.6 billion yuan (US$4.72 billion) for 2025, down 18.97 per cent from a year earlier. Photo: Reuters
The Shenzhen-based company reported a net profit of 32.6 billion yuan (US$4.72 billion) for 2025, down 18.97 per cent from a year earlier. Photo: Reuters
Electric & new energy vehicles

Pain at the pump fuels EV rush in China, driving a timely boost for carmakers

Brent crude above US$110 is pushing mainland buyers away from petrol cars, lifting China’s EV makers despite fading subsidies.

Hong Kong property

Hong Kong developers test market with 222 units released amid rate uncertainty

So far this year, 5,500 new residential units have been sold in Hong Kong, a 25 per cent increase compared to the same period last year.

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Banking & finance

Tong Ren Tang unit pulls Hong Kong IPO in first postponement this year

Hospital-network operator delays plan to raise up to US$115 million amid tepid demand.

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A view of Exchange Square in Central, where Hong Kong’s bourse operator has its headquarters, on March 13, 2026. Photo: Jelly Tse
A view of Exchange Square in Central, where Hong Kong’s bourse operator has its headquarters, on March 13, 2026. Photo: Jelly Tse
Semiconductors

China’s top chip foundry SMIC unveils growth action plan

Firm aims for above-average growth this year under plan for ‘optimising existing stock and digging for new increments’.

Greater Bay Area

Greater Bay Area trails peers in research despite strong tech potential: report

Southern China cluster of cities lags in basic research and original innovation, with talent gaps adding to challenges, Deloitte says.

Hong Kong stock market

China’s CNOOC to boost oil and gas output amid Middle East strife

Country’s largest producer aims to increase output by up to 3 per cent from 2025’s record level.

An undated photo shows a CNOOC oil rig in the Lingshui 36-1 gas field in waters southeast of Hainan, China’s southernmost island province. Photo: Handout via Xinhua
Electric & new energy vehicles

China’s Pony AI to launch robotaxi service in Europe with Uber, local start-up

Partners aim to operate thousands of robotaxis in various European cities over the next few years after starting in Zagreb, Croatia, ‘soon’.

The partners have begun testing in Zagreb, Croatia, using Pony’s Gen-7 system and electric SUVs made by Chinese state-owned carmaker BAIC. Photo: Handout
The partners have begun testing in Zagreb, Croatia, using Pony’s Gen-7 system and electric SUVs made by Chinese state-owned carmaker BAIC. Photo: Handout
Automotive industry

VW pulls Skoda brand from China after years of falling sales

Czech brand’s mainland sales declined from 341,000 in 2018 to around 15,000 last year as domestic carmakers’ EVs won market share.

Electric & new energy vehicles

China’s lidar giants pivot to robotics in boost supply chain dominance

Hesai will spend US$28.9 million this year to design and manufacture ‘eyes and muscles’ for robots, creating a new growth engine.

Artificial intelligence

China’s Kuaishou slumps as analysts flag growth pressure despite strong results

Short-video giant’s core advertising and live-streaming businesses face headwinds while AI investments weigh on margins, analysts say.

The warnings came after Kuaishou reported fourth-quarter revenue of US$5.7 billion. Photo: Getty Images
China’s private sector

China’s Jiangsu Aidea eyes Hong Kong IPO as gateway to US, European Aids markets

Yangzhou-based drug maker views Hong Kong as a ‘good window’ for its international expansion in HIV and Aids treatments.

Liu Yan says Hong Kong has a flexible fundraising environment. Photo: Denise Tsang
Liu Yan says Hong Kong has a flexible fundraising environment. Photo: Denise Tsang
China’s private sector

China’s obesity drug makers take on global giants as Novo Nordisk patent expires

Patent expiry of blockbuster drug opens door for Chinese drug makers to challenge multinationals in booming weight-loss market.

Hong Kong stock market

Hong Kong’s TVB logs US$7.5 million profit, shaking off 7 years of losses

A threefold rise in contribution from the Greater Bay Area drives 15 per cent growth in advertising revenue, broadcaster says.

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Pinduoduo

Pinduoduo operator’s profit slides as firm cites higher reinvestment

Results reflect a pivotal year for PDD Holdings, as breakneck growth gives way to more stable pace.

Revenue from online marketing services and other segments – primarily indicating revenue from domestic platform Pinduoduo – grew 5 per cent year on year. Photo: Shutterstock
Revenue from online marketing services and other segments – primarily indicating revenue from domestic platform Pinduoduo – grew 5 per cent year on year. Photo: Shutterstock
China’s private sector

China Mobile bets on Hong Kong as gateway for global computing flows

China Mobile opens new data centre and expands cables as Hong Kong is drawn deeper into China’s national computing network.

Stocks

Global buy-backs soar but mainland China, Hong Kong see drop: Capital Group

The repurchases, along with AI gains, help propel global equities to fresh peaks in 2025, asset manager says.

China’s private sector

Visa-free travel, rising foreign visitors boost luxury hotel growth in China

China’s luxury hotels thrive as visa-free policies drive international tourism, with Shanghai and Beijing seeing significant growth in high-end stays.

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Tourists pose for photos at the Tiantan (Temple of Heaven) Park in Beijing. Photo: Xinhua
Banking & finance

Exclusive | Turkish private bank plans Hong Kong entry amid Middle East tensions: sources

Turkiye Is Bankasi eyes corporate-focused Hong Kong branch, citing the city’s hub role, to complete its China coverage, sources say.

The bank is awaiting clearance from Turkish authorities before formally approaching the Hong Kong Monetary Authority for a banking licence, sources said. Photo: Shutterstock
The bank is awaiting clearance from Turkish authorities before formally approaching the Hong Kong Monetary Authority for a banking licence, sources said. Photo: Shutterstock
Hong Kong stock market

Hong Kong stocks extend rebound on signs of diplomatic path in Iran conflict

Investors cheered progress on peace talks and falling crude prices, helping the Hang Seng Index rise for a second day.

China consumption

China consumer firms post strong results but analysts warn recovery may lag

Hong Kong-listed consumer firms report strong results but analysts say the gains reflect structural shifts rather than broad recovery.

Autonomous vehicles

China’s WeRide eyes Hong Kong, Singapore roads for robotaxi services

Company plans to put self-driving taxis and buses on Hong Kong streets this year, while Singapore service starts April 1 through Grab.

WeRide’s planned entry into Hong Kong aims to cover both robotaxis and robobuses. Photo: Getty Images
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