Advertisement
Advertisement
Business /

Companies

Related Topics:
Banking & finance
Automotive industry
Industrials
Luxury & Gaming
Transport and logistics
A giant XCMG truck dwarfs other vehicles at the company’s customer festival in Xuzhou, in eastern China’s Jiangsu province, on May 19. Photo: Handout
Made in China 2025

China’s machinery giant XCMG eyes bigger scoop of global sales

State-owned firm banks on intelligent manufacturing, green technology, product integration and digital services to boost sales overseas.

Artificial intelligence

Xiaomi is pouring billions into AI to future-proof its hardware empire

Electric & new energy vehicles

Zelos looks to Middle East, Southeast Asia to turn a profit on robovan fleet

Hong Kong property

Hong Kong to see more mainland Chinese brands enter retail market, analysts say

In the first four months of the year, more than one fifth of new entrants in the city’s retail market were mainland brands, according to JLL.

Last year, Mao Geping Cosmetics opened its first outlet in Hong Kong at Harbour City in Tsim Sha Tsui. Photo: Li Cao
Last year, Mao Geping Cosmetics opened its first outlet in Hong Kong at Harbour City in Tsim Sha Tsui. Photo: Li Cao
China stock market

China’s property developers seek semiconductor salvation with chip side-hustles

Unprofitable real estate firms see shares soar after buying into silicon assets, and analysts weigh whether it is a safe bet or banking on a big bailout.

videocam
Hong Kong stock market

SpaceX share sale won’t drain Hong Kong IPO boom, JPMorgan says

Bank sees strong demand for Chinese AI, robotics and healthcare listings despite SpaceX’s projected record-breaking IPO in the US.

Advertisement
Advertisement
Advertisement
Banking & finance

China cracks down on Tiger and Futu for illegal cross-border stock trading

ADRs of Tiger Brokers’ owner and Futu’s US-listed shares plunge after the suspension of their stockbroking businesses on the mainland.

12
A Tiger Brokers mobile app. Photo: SCMP
A Tiger Brokers mobile app. Photo: SCMP
Investing

Why more Hong Kong and mainland Chinese companies are building cash buffers

Cash holdings rise among traditional firms listed in Hong Kong and Shanghai as productive places to deploy capital dwindle, analysts say.

International Property

AI boom fuels US$11.6b data centre investment surge in Asia-Pacific

Adoption remains selective as some landlords are still cautious, especially when tenant credit profiles are less established.

Mergers & Acquisitions

Li Ka-shing’s CK Hutchison rules out sale of Hong Kong supermarket ParknShop

Chain operator’s executive dismisses speculation of a tie-up, and praises staff amid an ‘extremely competitive environment’.

ParknShop operates more than 240 outlets, including those under Fusion, Taste, Taste x Fresh, Food Parc and Great Food Hall. Photo: Jelly Tse
Artificial intelligence

Alibaba signals next phase of AI growth from investment to commercialisation

Chinese e-commerce and cloud computing giant forecasts 30 billion yuan AI revenue in 2026, with agents driving more than half of cloud sales.

Alibaba stands at a critical inflection point in the development of artificial general intelligence, according to a letter to shareholders. Photo: AFP
Alibaba stands at a critical inflection point in the development of artificial general intelligence, according to a letter to shareholders. Photo: AFP
Electric & new energy vehicles

Tesla’s FSD launch in China heats up competition with domestic EV makers

The long-awaited roll-out received approval from regulators a week after Tesla CEO Elon Musk visited China as part of a US delegation.

11
Electric & new energy vehicles

China’s Chery plans for 1m EVs sold abroad amid global energy crisis

Anhui-based carmaker anticipates 27 per cent increase in foreign deliveries in 2026 as battery ranges improve and oil prices rise.

videocam
Banking & finance

China private equity activity picks up as investors focus on tech, AI prospects

‘From a valuation point of view, this is still an attractive moment,’ as new growth drivers emerge from China’s tech sector, analyst says.

A staff member of Keenon Robotics debugs a humanoid robot in Pudong, Shanghai, on April 2. The robotics industry has attracted private equity interest in China. Photo: Xinhua
IPO

Top Numerical Control rides fervour for aerospace to 80% IPO gain

Revenue from aviation and aerospace manufacturing equipment has accounted for around 90 per cent of its total since 2022.

A ground crew member seen with a C919, China’s homegrown large passenger aircraft, at Harbin Taiping International Airport in Heilongjiang Province, April 15, 2026. Photo: Xinhua
A ground crew member seen with a C919, China’s homegrown large passenger aircraft, at Harbin Taiping International Airport in Heilongjiang Province, April 15, 2026. Photo: Xinhua
Electric & new energy vehicles

China’s Nio slams EV price wars as costs surge, defying cuts by rival Li Auto

Nio and Li Auto take different approach to pricing new models, with one executive praising ‘reasonable’ carmakers that raise prices.

Artificial intelligence

AMD meeting with China’s vice-premier raises optimism on US AI chips

‘Relatively advanced’ chips to start entering China in second half, as US is ‘pulling back’ on tariff war and tech decoupling, analysts say.

Advertisement
Advertisement
Advertisement
Banking & finance

AI | AI infrastructure investment bubble unlikely to burst by 2027: Macquarie

Investors are piling money into AI technologies – but revenues still have a long way to catch up, Macquarie’s Viktor Shvets says.

Google Data Center Southland is seen from the air in Council Bluffs, Iowa, on January 4, 2019. Photos: Reuters
Google Data Center Southland is seen from the air in Council Bluffs, Iowa, on January 4, 2019. Photos: Reuters
Hong Kong property

‘Aggressive pricing’: Able Engineering tops titans’ bids in Hong Kong land sale

Able Engineering outperforms analyst forecasts to secure a residential parcel that can fit nearly 1,000 units, and the win is seen reflecting rising confidence in the sector.

videocam
Artificial intelligence

DeepSeek adds former Jane Street engineer to harness team amid agentic AI push

Move underscores start-up’s efforts to build harnesses – software that turns an AI model into a functional and autonomous AI agent.

Electric & new energy vehicles

AI | China’s Ganfeng secures orders amid surge in demand for energy storage, AI boom

Company says its orders are booked through the first half of 2027 as it plans to increase production volume by 50 per cent next year.

China’s Ganfeng Lithium says its orders have been booked through the first half of 2027 amid a surge in demand for energy storage systems and a frenzy of investment in AI data centres. Photo: handout
Banking & finance

Standard Chartered bets on Hong Kong as it raises long-term earnings goals

Bank refines 2030 profit plans, citing city’s role as a superconnector in wealth and global capital flows, with automation trimming costs.

Hong Kong is Standard Chartered’s biggest and fastest-growing market, says Bill Winters. Photo: Enoch Yiu
Hong Kong is Standard Chartered’s biggest and fastest-growing market, says Bill Winters. Photo: Enoch Yiu
Electric & new energy vehicles

Chinese firm Xpeng builds driverless cabs, challenging Tesla’s FSD software

The EV maker has embarked on mass production of robotaxis using its own chips and plans to trial the tech before the end of the year.

videocam
China manufacturing

China’s old ‘Motown’, Shanghai bets on robotaxis, better batteries to bump GDP

City authorities point at the need to lure foreign firms, while emerging sectors are expected to generate a trillion-yuan boost over the next 5 years.

videocam
Electric & new energy vehicles

Global growth of pure EVs faces hurdles in insurance, charging gaps: BNP Paribas

Charging limits and rising insurance costs could slow the global march of pure electric vehicles, BNP Paribas tells Hong Kong conference.

New electric vehicles are set to be loaded at Shanghai Port on May 9. Photo: AFP
Help preserve 120 years of quality journalism.
SUPPORT NOW