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Banking & finance
The custodian of a third of China’s US$3.2 trillion reserves is hiring in Hong Kong
The firm is seeking trainees for fundamental research and systematic trading, according to a posting on HKCampusRecruitment.
17 minutes ago
Artificial intelligence
China Unicom boosts computing power investment in 2025 amid AI rush
1 hour ago
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Tourism
Bridgerton balls, Netflix menus? Studios now sell real-world experiences
4 hours ago
Artificial intelligence
AMD CEO visits China, touts chip compatibility with DeepSeek models
The US semiconductor firm and main rival of Nvidia has been promoting its infrastructural support for DeepSeek’s AI models.
19 Mar 2025 - 12:42AM
AMD CEO Lisa Su. Photo: Reuters
Electric & new energy vehicles
Chinese EV maker Xpeng trims losses on 23% revenue rise
The carmaker expects revenue to increase by up to 140 per cent from a year earlier in the first quarter.
18 Mar 2025 - 9:48PM
Robotics
China’s Shenzhen Dobot excites investors with US$27,500 humanoid
The Hong Kong-listed company has begun taking pre-orders for the robot, with mass production expected by mid-2025.
18 Mar 2025 - 7:30PM
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Banking & finance
CEO Lei Jun sees progress as Xiaomi raises 2025 EV deliveries target by 16%
Xiaomi is entering the high-end segment of the EV market and also eyeing overseas sales as it ramps up production.
18 Mar 2025 - 8:30PM
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Xiaomi’s founder and CEO Lei Jun during the launch of the company’s first electric vehicle, the SU7, in Beijing in December 2023. Photo: Reuters
Electric & new energy vehicles
Chinese EV maker Nio, battery king CATL join forces on swapping stations
CATL, which is planning a US$5 billion Hong Kong share listing, will invest up to US$345.6 million in Nio.
18 Mar 2025 - 6:08PM
Insurance
Manulife picks chief actuary Finch as Asia CEO to lead biggest profit centre
Steve Finch will take over as Asia CEO from May 9, replacing Phil Witherington who is heading back to Toronto to become global CEO.
18 Mar 2025 - 5:23PM
Henderson Land
Lee Shau-kee, founder of Henderson Land, dies at age 97
The entrepreneur built a business empire valued at more than HK$551 billion as of March 17, with interests in real estate, hotels, piped gas and a ferry operation.
18 Mar 2025 - 4:58PM
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Huawei
Huawei develops computer chips in move away from Intel, Windows
The company is expected to forgo US hardware and software in favour of self-developed technology in its next personal computers.
17 Mar 2025 - 7:00PM
Huawei has received certification for its self-developed computer chip. Photo: DigiTimes
ESG investing
Hong Kong investor to leave Webb-site data as ‘gift to public interest’
David Webb says he hopes someone will carry on his work of collecting and distributing data on corporate governance and other topics.
17 Mar 2025 - 7:33PM
Robotics
UBTech to bring over 10,000 robots into homes and furniture stores
The collaboration will bring Hong Kong-listed UBTech’s robots to customers of Easyhome, one of China’s best-known furniture retail chains.
17 Mar 2025 - 5:00PM
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Electric & new energy vehicles
Volkswagen to launch 11 new models in China as it eyes 4 million units by 2030
The new models will come with high-performance digital features, such as autonomous driving capabilities and over-the-air updates.
17 Mar 2025 - 2:16PM
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Hong Kong property
Hong Kong property firm Gale Well trying to sell US$386 million in assets
Company is selling commercial properties in Admiralty, Tsim Sha Tsui and Causeway Bay, as well as luxury residential assets.
17 Mar 2025 - 10:30AM
Gale Well Group vice-chairman and CEO Jacinto Tong Man-leung, pictured at his office in Wan Chai on February 25, 2025. Photo: Jonathan Wong
Hong Kong property
ICBC (Asia) backs Hong Kong developers with loan support as sector struggles
Local subsidiary of China’s largest bank has ‘zero’ non-performing loans from Hong Kong developers and plans to increase home mortgages.
17 Mar 2025 - 9:22AM
Banking & finance
Standard Chartered sees key role for Hong Kong amid evolving global trade
Jose Vinals to bid adieu at the bank’s annual general meeting in May after nine years at the helm.
17 Mar 2025 - 10:00AM
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Artificial intelligence
Baidu launches new AI models, going against DeepSeek, OpenAI
Tech giant says reasoning model Ernie X1 ‘delivers performance on par with DeepSeek R1 at only half the price’.
17 Mar 2025 - 3:00PM
The logos of Baidu and its AI chatbot Ernie are displayed in this illustration picture taken June 28, 2023. Photo: Reuters
Banking & finance
China’s brokerage sector sees mega-mergers but remains competitive, fragmented
China’s intensely competitive securities sector, with more than 140 firms, has been repeatedly pulled up by regulators, S&P Global says.
16 Mar 2025 - 11:30AM
Artificial intelligence
AI start-up challenges Nvidia’s dominance with Beijing support
A team with ties to Tsinghua University has unveiled a new framework for building advanced AI models using Chinese-made chips.
16 Mar 2025 - 10:30AM
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Hong Kong stock market
China’s fiery criticism of Panama port deal puts pressure on Li Ka-shing family
The US$23 billion sale is not final, but needs no Chinese or Hong Kong approval, leaving CK Hutchison to decide whether to proceed, analysts say.
14 Mar 2025 - 8:00PM
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Banking & finance
Towngas unit’s 2024 profit gains as renewable energy bets pay off
Net profit rose 2 per cent to HK$1.6 billion (US$206 million), while revenue increased 7.4 per cent to HK$21.3 billion.
14 Mar 2025 - 7:31PM
Towngas’ Tai Po Plant. Photo: Martin Chan
Banking & finance
China’s F&B sector faces challenges amid slowing consumer spending
Analysts warn that targeted measures are needed to revive the industry, as companies like Nayuki and Xiabu Xiabu report losses and closures.
14 Mar 2025 - 5:30PM
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Electric & new energy vehicles
Tesla plans cheaper model to put brakes on China sales slide
The US company’s share of the world’s largest EV market has dropped to 4.3 per cent from more than 16 per cent in 2022.
14 Mar 2025 - 4:31PM
Foxconn
Foxconn’s profits drop as iPhone sales falter, but AI boom offers hope
The Taiwanese company reported a 13 per cent fall in net income, worse than analysts’ estimates for a 2 per cent gain.
17 Mar 2025 - 12:08PM
HIGHLIGHTS FROM
China Future Tech
China EVs
BYD shares surge on unveiling of ‘fast as gas’ charging tech
18 Mar 2025 - 4:32PM
Tech Trends
China Unicom boosts computing power investment in 2025 amid AI rush
1 hour ago
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Big Tech
AMD CEO visits China, touts chip compatibility with DeepSeek models
19 Mar 2025 - 12:42AM
Tech War
Chinese institute offers ‘uncapped’ pay to talent in chipmaking gear development
6 hours ago
Tech Trends
China’s Shenzhen Dobot excites investors with US$27,500 humanoid
18 Mar 2025 - 7:30PM
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