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Flats in La Mirabelle are priced between HK$5.93 million and HK$8.99 million. Photo: Handout
Hong Kong property

Brisk flat sales at Hong Kong project as buyers unfazed by potential rate hikes

Flats at La Mirabelle in Tseung Kwan O range from 360 sq ft to 558 sq ft and with layouts of one to two bedrooms.

Banking & finance

Stricter Chinese scrutiny of offshore vehicles a blow for tech IPO candidates

Hong Kong property

Hong Kong developers test homebuyers with price increases after sell-outs

Electric & new energy vehicles

More foreign marques face a do-or-die moment as Chinese buyers shun petrol cars

Following Skoda’s exit from China, other carmakers with falling sales are also likely to close shop this year, analysts say.

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Skoda, Volkswagen’s mass-market brand, shut down its Chinese operations this year. Photo: AFP
Skoda, Volkswagen’s mass-market brand, shut down its Chinese operations this year. Photo: AFP
Hong Kong property

Return of overseas hires meets tighter supply, driving up Hong Kong luxury rents

Repulse Bay is at the centre of a rebound, with leasing activity surging and high-end homes drawing multiple rental offers.

Artificial intelligence

China’s rigid corporate culture slows AI adoption, ex-OpenAI executive says

China’s tech-savvy consumers embrace AI, but rigid corporate hierarchies hold back enterprises, Zack Kass says.

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Artificial intelligence

Tencent expands OpenClaw suite with enterprise tool amid China’s ‘lobster’ craze

ClawPro tool promises quick AI agent deployment, giving enterprises control over models, tokens and security.

Chinese tech firms are rushing to offer China users easy or inexpensive access to OpenClaw after it went viral. Photo: Getty Images
Chinese tech firms are rushing to offer China users easy or inexpensive access to OpenClaw after it went viral. Photo: Getty Images
Banking & finance

Manulife, HSBC, Barclays lead big finance firms’ AI adoption in Hong Kong

Financial Secretary Paul Chan Mo-po launched an AI+ strategy in this year’s budget speech to promote AI applications in the banking sector.

Electric & new energy vehicles

Tesla outraces China’s BYD in pure electric car sales to regain world’s top spot

Shrinking subsidies, new taxes sap China’s EV demand, giving Tesla an edge in global deliveries for first time since fourth quarter of 2024.

Hong Kong stock market

China’s Pop Mart struggles despite buy-backs as Labubu reliance sparks concerns

Toymaker’s shares have fallen nearly 50 per cent since February as investors weigh slowing overseas growth and dependence on flagship line.

Pop Mart has stepped up efforts to support its share price through buy-backs. Photo: Getty Images
Electric & new energy vehicles

Leapmotor targets global growth with Europe R&D hub, eyes Canada assembly

Chinese EV maker lifts overseas sales target as rising fuel costs and easing tariffs boost demand abroad.

A Leapmotor C10 model car is displayed at a showroom in its headquarters in Hangzhou. Photo: Getty Images
A Leapmotor C10 model car is displayed at a showroom in its headquarters in Hangzhou. Photo: Getty Images
Hong Kong property

New World pulls back on Causeway Bay acquisition amid uneven recovery

Developer steps back from consolidating three commercial sites as high costs and patchy demand weigh on redevelopment decisions.

Electric & new energy vehicles

China EV makers surge back in March as subsidies and financing spur demand

Carmakers report strong month-on-month gains as policy support and new financing schemes lift buyer sentiment.

Artificial intelligence

What Zhipu and MiniMax’s first post-IPO earnings say about the 2 AI start-ups

The two Chinese start-ups show promising commercialisation of AI models, which are reflected in rising demand and revenue.

Chinese AI start-ups Zhipu AI and MiniMax have shown early signs of sustainable commercialisation of their AI models. Photo: Xinhua
China property

Top Chinese developers’ losses mount as debt overhaul props up operations

Analysts say subdued demand and cautious buyers persist, with one-off debt restructuring masking deeper losses in the sector.

A residential building under construction by China Vanke in Hangzhou, Zhejiang province, in March 2024. Photo: AFP
A residential building under construction by China Vanke in Hangzhou, Zhejiang province, in March 2024. Photo: AFP
IPO

Hong Kong tightens grip on IPO crown as filings surge and pipeline grows

Sixteen new and refiled applications, led by hard-tech firms, point to a deepening pipeline as investor appetite returns.

Business of climate change

Ganfeng Lithium sees surge in battery demand amid China-US energy rivalry

Executives project an ‘explosive growth’ in energy storage, with Chinese firms extending their lead amid AI and data centre demand.

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Hong Kong stock market

Hong Kong, mainland China join Asia stock rally amid Iran war optimism

Hang Seng Index caps its biggest gain in a week after Trump says US will end strikes on Iran, boosting hopes the conflict is close to ending.

Donald Trump and first lady Melania Trump arrive at the Opera House of the Kennedy Center for the opening night performance of a musical on March 31 in Washington, DC. Photo: Getty Images
Donald Trump and first lady Melania Trump arrive at the Opera House of the Kennedy Center for the opening night performance of a musical on March 31 in Washington, DC. Photo: Getty Images
Banking & finance

Hong Kong’s anticipated stablecoin licence by end-March does not materialise

Analysts say the delay is most likely administrative and that the overall plan is still on track.

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Electric & new energy vehicles

Middle East oil shock jolts EV demand, putting Chinese exports in fast lane

Orders for Chinese NEVs are rising along with footfalls at EV dealerships both at home and overseas, according to Nomura analyst.

Huawei

Huawei’s profit rises 8.6% in 2025 as overall performance remains steady

‘We are moving towards a future that is full of uncertainty, so we have to remain true to our strategy,’ rotating chairwoman Meng says.

Huawei spent a record 192.3 billion yuan on research and development last year. Photo: Xinhua
IPO

Hong Kong retains IPO crown but may lose to US mega listings over full year

Second place for IPO funds raised is Nasdaq, with US$5.65 billion from 18 listings, while the New York Stock Exchange ranks third.

An exterior view of the Hong Kong stock exchange in Central, February 6, 2026. Photo: Jonathan Wong
An exterior view of the Hong Kong stock exchange in Central, February 6, 2026. Photo: Jonathan Wong
Apple

Apple’s accidental AI feature release in China risks regulatory backlash: expert

Mainland China users briefly access Apple Intelligence before the update vanishes, raising questions over compliance and regulatory approval.

Hong Kong property

La Mirabelle sells in hours as developers ramp up sales, buyers fret over rates

All 254 Tseung Kwan O flats snapped up as developers step up supply and demand stays firm.

Semiconductors

South Korea turns to Russia for naphtha as Asia’s chip industry feels squeeze

South Korea’s return to Russian naphtha – vital for semiconductor manufacturing – highlights Asia’s fragile supply chain amid Iran conflict.

South Korea relies on imports for about 45 per cent of its naphtha demand. Photo: Shutterstock
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