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Hong Kong Exchanges and Clearing CEO Bonnie Chan. Photo: Handout
Banking & finance

Global investors still in China’s orbit despite SpaceX IPO: HKEX chief

HKEX chief Bonnie Chan says global investors remain focused on China’s innovation story.

Banking & finance

AI boom sparks Kingboard subsidiary’s US$1.5b stake sale to ramp up PCB capacity

Electric & new energy vehicles

Geely Auto to curb excess capacity amid overhaul to boost carmaker’s global edge

videocam
Wealth management

Hong Kong gazettes tax break for fund manager bonuses to boost wealth hub role

The tax reform bill, which the government expects will attract talent to the city, is set to be read by lawmakers on June 24.

The skyline seen from the Hong Kong Museum of Art. Photo: Elson Li
The skyline seen from the Hong Kong Museum of Art. Photo: Elson Li
IPO

As Musk becomes first trillionaire from SpaceX IPO, will next come from China?

As the initial public offering sees Musk become the first ever trillionaire, China is also seeing growth in its tech uber-rich.

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Electric & new energy vehicles

EVs capture two-thirds of China’s car market in record-breaking week

Despite subsidy cuts, electric vehicles reached a new sales milestone in mainland China as petrol-powered rivals continued to lose ground.

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Hong Kong Monetary Authority (HKMA)

Hong Kong, Indonesia move towards direct transactions in yuan, rupiah

Agreement between People’s Bank of China, HKMA and Bank Indonesia aims to enhance efficiency and encourage use of the currencies.

Bundles of Indonesian rupiah are pictured at a currency exchange office in Jakarta on June 4, 2026. Photo: AFP
Bundles of Indonesian rupiah are pictured at a currency exchange office in Jakarta on June 4, 2026. Photo: AFP
Electric & new energy vehicles

BYD powers past Geely as oil shock charges up global EV demand

Strong overseas demand for battery-powered cars helped BYD recover from a first-quarter setback and retake pole position.

Hong Kong property

US fintech firm iCapital doubles prime office space in Hong Kong

Company leases a 9,000 sq ft space in One IFC in Central, with an eye towards doubling its staff amid rising demand for wealth services.

Banking & finance

Hong Kong rolls out incentives to boost role as a corporate treasury hub

Plan expands tax concessions and introduces pre-approval mechanism to lure multinationals to manage capital and risk in the city.

Hong Kong is also pursuing more double-taxation agreements with major trading partners to prevent overseas companies using Hong Kong as a treasury base from being taxed twice. Photo: Karma Lo
Electric & new energy vehicles

China’s EV giants challenge Tesla in race to commercialise humanoid robots

After years of competing with Tesla in electric vehicles and self-driving technology, Chinese manufacturers are targeting humanoid robots.

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Shaping up: Chinese EV manufacturers including BYD and Xpeng are now accelerating plans to mass-produce humanoid robots. Photo: Kyodo
Shaping up: Chinese EV manufacturers including BYD and Xpeng are now accelerating plans to mass-produce humanoid robots. Photo: Kyodo
Wealth management

International firms bet big on Hong Kong’s US$2.95 trillion wealth hub status

City’s offshore wealth market is thriving as AXA and Standard Chartered target high-net-worth clients despite regulatory tightening.

China’s private sector

With AI able to predict disease, can we treat ageing like a ‘bug’ in the system?

AI is transforming longevity as companies like METiS TechBio and Human Longevity use algorithms to combat ageing and predict health risks.

Electric & new energy vehicles

Why foreign marques are struggling to keep pace with Chinese EV demand

Domestic brands surge on fresh incentives and better batteries, while foreign carmakers fail to sustain their earlier market share.

Chinese EVs recovered firmly in May, with Zeekr breaking its monthly delivery record. Photo: AP
Hong Kong Monetary Authority (HKMA)

Mainland investors face uncertainty amid regulatory crackdown

Tighter overseas investment rules are leading some investors to shift to mainland-approved channels as Hong Kong brokers restrict access.

Online brokerage Tiger Brokers announced on Tuesday that it would restrict account and trading access for mainland investors amid tightening scrutiny of cross-border capital flows. Photo: Handout
Online brokerage Tiger Brokers announced on Tuesday that it would restrict account and trading access for mainland investors amid tightening scrutiny of cross-border capital flows. Photo: Handout
Wealth management

Hong Kong’s proposed fund talent tax break set to sharpen edge over Singapore

Incentive will give Hong Kong the lowest tax rate globally for fund managers whose income is largely driven by performance fees, sources say.

Electric & new energy vehicles

China’s BYD, Chery chart 80% growth overseas as EV demand spikes

‘Eye-catching’ numbers show efforts paying off amid growing brand recognition abroad and tepid sales at home, analysts say.

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Electric & new energy vehicles

Tesla’s China sales surge to 2026 high, but rivals crowd the rear-view mirror

Tesla’s China sales rebounded in May on financing incentives and stronger demand, but local competitors are gaining momentum.

A Tesla vehicle on display at a Beijing showroom. Deliveries from the carmaker’s Shanghai plant hit a 2026 high in May. Photo: AFP
A Tesla vehicle on display at a Beijing showroom. Deliveries from the carmaker’s Shanghai plant hit a 2026 high in May. Photo: AFP
Banking & finance

China’s Tiger Brokers reports strong results amid trading crackdown

Hong Kong trading soars 536 per cent, firm says, while making no mention of US$61 million fine from China’s market watchdog.

Banking & finance

Hong Kong’s record insurance sales risk cooling under cross-border capital curbs

Insurers brace for impact from stricter cross-border rules, with the Insurance Authority stepping up oversight of mainland visitor purchases.

HKEX

As Hong Kong stock exchange turns 40, can the chip supercycle keep IPOs flowing?

US$6.1 trillion exchange marks its 40th year amid fierce global competition, as brokers see challenges sparking opportunities.

Illustration: Brian Wang
China property

China’s property developers see hope in massive urban renewal plan

Plan for 2026 to 2030 includes upgrades to pipelines, drainage, dilapidated homes, and facilities for education and elderly care.

Reinforced concrete drainage pipes are parked at a building materials company in Suqian, in eastern China’s Jiangsu province, on April 1, 2025. Photo: NurPhoto via Getty Images
Reinforced concrete drainage pipes are parked at a building materials company in Suqian, in eastern China’s Jiangsu province, on April 1, 2025. Photo: NurPhoto via Getty Images
Bonds

China’s first green bond sale in Hong Kong aims to raise US$886 million

Country looking to issue offshore sovereign green bonds and tap global capital to invest in green development.

Electric & new energy vehicles

Premium plan: China’s EV makers pin hopes on higher-margin models

New models from carmakers including Nio and Seres also challenge Tesla’s bestselling Model Y and cars from luxury German marques.

Electric & new energy vehicles

China’s BYD aims for zero accidents with ‘God’s Eye’, vows crash cost coverage

EV giant pushes affordable autonomy with its system, aiming to make self-driving safer and accessible to mass-market consumers.

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A BYD booth at the Beijing Auto Show on April 30. Photo: AFP
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