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The Pano Harbour project (left) and The Knightsbridge in Kai Tak, seen from the Hung Hom district in Kowloon. Photo: Edmond So

Business

Former stock exchange CEO buys Hong Kong luxury flat for US$5.92 million

Francis Yuen Tin-fan and his wife picked up the property located on the former airport runway in late June as prices rebounded.

47 minutes ago

Hong Kong firms eye Chinese medicine opportunities on the mainland: HKTDC

1 hour ago

Pop Mart sues 7-Eleven stores in US for alleged Labubu trademark infringements

4 hours agovideocam

Tech Trends

Tencent’s AI-powered programming tool fully automates app development

CodeBuddy IDE provides a ‘conversation-is-programming’ approach, enabling even a non-technical user to design and build applications.

2 hours ago

Tencent’s foray into sophisticated, AI-powered tools for developers reflected the significant advances being made by Chinese tech companies. Photo: Shutterstock

Tech War

Cybersecurity firm 360 backs Huawei chips despite return of Nvidia

Qihoo 360 founder says the US-sanctioned firm will support domestic chips as ‘the more they are used, the more they will improve’.

4 hours ago

Markets

Hong Kong stocks continue winning week on hopes of US-EU trade agreement

‘What began as tariff-fuelled despair back in April is fast becoming a full-blown risk rally,’ SPI Asset Management analyst says.

5 hours ago

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China Business

Tesla seeks a comeback in China with refreshed Model 3 and Model Y

Carmaker expects to begin delivering the models to mainland customers as early as September.

24 Jul 2025 - 3:03PM

People check Tesla Model Y cars in Beijing. Photo: AFP

China Business

SenseTime, Mengniu join wave of Chinese firms tapping capital markets

The AI firm raises US$318 million through a share subscription, while the dairy giant issues US$489 million in bonds.

5 hours ago

Tech Trends

US and EU users open to Chinese AI models like DeepSeek: survey

More than half of US and EU respondents, however, say they will only use models hosted on non-Chinese infrastructure.

6 hours agovideocam

Big Tech

AMD’s Lisa Su sees chips from TSMC’s Arizona plant costing more

The Advanced Micro Devices CEO says the company’s first chips from TSMC’s US facilities are expected by the end of the year.

24 Jul 2025 - 2:03PM

Advanced Micro Devices chair and CEO Lisa Su. Photo: Shutterstock

Business

China’s warehouses go for cheap as suppliers relocate amid US tariffs

Logistics property owners are losing out to their rivals in India, where rents increased this year from the second half of 2024.

23 Jul 2025 - 9:31PM

An employee transports express parcels at a logistics warehouse in Jinhua, Zhejiang province of China. Photo: Getty Images

Tech War

Amazon Web Services to close Shanghai AI lab amid US-China tech tensions

AWS will close its seven-year-old AI Shanghai Lablet due to ‘China-US strategic realignment’, according to the facility’s chief applied scientist.

23 Jul 2025 - 8:00PM

Tech Trends

Singaporean chip tool maker ASMPT sees steady growth amid AI infrastructure boom

‘The massive buildout of data centres will drive a lot of demand for AI chips,’ CEO Robin Ng says.

23 Jul 2025 - 9:58PM

Tech

China’s growing army of open-source developers tops peers in India, US, EU

The level of contribution from China to global open-source projects grew more than 10 times between 2015 and 2024, according to OpenRank.

23 Jul 2025 - 7:30PMvideocam

A data analyst using AI technology to help solve industry problems. Photo: Shutterstock

Tech Trends

Alibaba unleashes Qwen3 coding model for developers to push AI agent adoption

In new benchmark tests, Alibaba’s Qwen3-Coder outperformed rival models from Moonshot AI and DeepSeek.

23 Jul 2025 - 6:30PM

Alibaba’s Qwen3-Coder is expected to give developers a boost in creating AI agents. Photo: Shutterstock

Banking & Finance

Lai Sun Development seeks more bank support to refinance US$446 million loan

Existing loan maturing on October 5 is backed by its Cheung Sha Wan Plaza office tower and shopping centre in Kowloon.

23 Jul 2025 - 5:48PMvideocam

Big Tech

Alibaba’s Taobao sees 60% user surge in Thailand after local launch

Taobao’s intensified focus on Thailand marks its latest effort to grow its presence across Asia.

23 Jul 2025 - 5:00PM

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Big Tech

How open-source AI is helping China win hearts and market share

China’s free-for-all AI models, developed by firms like DeepSeek and Alibaba, present a viable alternative to US closed-source systems.

19 Jul 2025 - 10:00AM

China’s open-source AI models are competing against closed systems from the likes of Google and OpenAI. Illustration: Henry Wong

Business

Chinese biotech firms eye foreign pharma’s fat profits in weight loss drug market

Over 60 novel drug candidates are in late-stage clinical trials in China, and these will potentially compete directly with US drugmakers.

12 Jul 2025 - 2:56PM

Business

Hong Kong’s redomiciliation push lures global firms from tax havens

As the appeal of traditional tax havens like Bermuda and the Cayman Islands wanes, Hong Kong steps in to lure global multinationals.

5 Jul 2025 - 4:55PM

China Business

Cloudy with a chance of bankruptcy: US tariffs hurt China’s solar firms

One-third of China’s 121 listed solar producers are in the red; more than 50 along the supply chain have filed for bankruptcy this year.

28 Jun 2025 - 11:00AMvideocam

Illustration by Henry Wong

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Hong Kong charts new phase as digital asset hub with policy blueprint, says FSTB chief Chris Hui

Hong Kong charts new phase as digital asset hub with policy blueprint, says FSTB chief Chris Hui

China’s largest EV battery maker starts strong on HK stock market

China’s largest EV battery maker CATL celebrates strong debut at Hong Kong stock market

Chinese EV maker Xpeng CEO unveils newest vehicles in Hong Kong

Chinese EV maker Xpeng CEO unveils newest vehicles in Hong Kong

Asian stock markets fall as 104% tariffs target China

Stock markets in Asia resume slump as hefty US tariffs on China take effect

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