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Trains are parked along the Lagos-Ibadan railway in Nigeria, one of several rail projects China has funded in the country. Photo: Xinhua

Global Economy

China gets major Nigeria rail project back on track by granting key loan

Chinese state lenders had pulled the plug on the Kaduna-Kano project in 2020, but have greenlit new financing on commercial terms.

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Creditors pursue court action against Evergrande, Shimao amid housing slump

Can China’s solar industry find a solution before it’s too late?

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Big Tech

Apple forms Shanghai data-processing venture as AI push in China still in limbo

The Shanghai unit of Apple will focus on software development, big data services, storage services and data processing.

A view from inside the Apple Store at the IFC Mall in Shanghai’s Lujiazui financial district. Photo: Shutterstock
A view from inside the Apple Store at the IFC Mall in Shanghai’s Lujiazui financial district. Photo: Shutterstock

China Economy

China’s aviation sector in clear skies of profit after 4 turbulent years

Civil aviation in China returned to profitability in 2024, the industry’s first positive return after four years of pandemic-induced losses.

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Big Tech

Alibaba studio pulls top mobile game from Vivo’s app store

The move comes amid ongoing disputes between Chinese video game companies and smartphone brands over app-store commission rates.

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Big Tech

Huawei’s Android rival scores major win as WeChat gets on board

The US-sanctioned Chinese company hopes to have 100,000 apps in its self-developed mobile operating system this year.

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Huawei’s French headquarters in Boulogne-Billancourt near Paris. Photo: Reuters
Huawei’s French headquarters in Boulogne-Billancourt near Paris. Photo: Reuters

Business

Outspoken economist Gao Shanwen leaves his Hong Kong financial firm: source

Gao’s license in Hong Kong lapsed at the end of last month, and he is no longer working at a financial firm in the city, SFC records show.

Big Tech

Apple and Nvidia chip supplier TSMC’s sales top estimates, boosting AI in 2025

The world’s largest contract chipmaker reported a 39 per cent rise in October-December revenue to US$26.3 billion.

Tech Trends

Chinese software firm Yonyou picks former senior SAP executive as new president

Huang Chenhong is the latest multinational veteran to join China’s tech sector, as these firms scale back operations on the mainland.

Huang Chenhong, former global executive vice-president at German firm SAP, is expected to help boost business for Yonyou Network Technology. Photo: Handout

China Business

Indebted developer Sunac China faces liquidation threat in Hong Kong

A hearing on the matter has been scheduled for March 19.

A man passed a Sunac logo in Beijing. Photo: Reuters
A man passed a Sunac logo in Beijing. Photo: Reuters

Tech War

Exclusive | TSMC cuts ties with Singapore firm over Huawei processor: sources

The world’s largest chip foundry ended its relationship with a Singapore-based firm after a client review.

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Banking & Finance

Toymaker Bloks jumps 82% in Hong Kong stock debut after sizzling IPO deal

Demand from Hong Kong retail investors was 6,000 times more than the amount of shares allocated to them, the second highest on record.

Big Tech

Hong Kong start-ups in CES spotlight as city strives to become Asian tech hub

Nearly 100 Hong Kong-registered companies are exhibiting at CES this week, compared to around 30 from Singapore.

Visitors show interest in the Hong Kong Pavilion at CES 2025 this week. Photo: Handout

China Business

Hong Kong stocks post worst week in 2 months on China outlook, trade risks

Stocks slipped amid concerns about China’s economy, US trade ties; Tencent, Orient Overseas and Haidilao lost more than 9 per cent in week.

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An electronic board shows Shanghai and Shenzhen stock indexes at the Lujiazui financial district. Photo: Reuters
An electronic board shows Shanghai and Shenzhen stock indexes at the Lujiazui financial district. Photo: Reuters

Big Tech

Meet Alibaba’s AI coder: an automated system that can build an app ‘in minutes’

AI coder forms part of Alibaba Cloud’s artificial intelligence programming tool called Tongyi Lingma.

Banking & Finance

With US tariffs unlikely to reach 60% Hong Kong, China markets will rise: analysts

Analysts from Pictet and BNP Paribas expect US tariffs on Chinese goods to reach 20 per cent and 25 per cent, respectively.

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China Business

Taking stock: global investment banks hedge their bets on China market next year

After a forgettable year, Morgan Stanley, UBS, Goldman Sachs and others make their predictions for Chinese equities in 2025.

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Illustration: Brian Wang
Illustration: Brian Wang

Big Tech

China catches up fast in AI race, but US chip curbs cast shadow

Abundant investment and an open-source approach have pushed China to the AI forefront, but a lack of advanced chips may prove devastating.

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Business

The Center sale came at a peak and now buyers struggle to exit

Take a look inside The Center, which was the world’s most expensive skyscraper when it was shrewdly sold by the city’s wealthiest man.

Business

Exclusive | Getting past poker: Sands China drives Macau to diversify economy

Xi Jinping to visit Macau for 25th anniversary of handover as Sands China unveils non-gaming strategy.

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Grant Chum. Artwork by Lau Ka-kuen
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OPINION
Anthony Rowley

Macroscope | Biden’s blocking of US Steel deal latest sign of globalisation in retreat

Anthony Rowley
Rachel Yu

Opinion | How AI giants can help Asian suppliers make a clean energy transition

Rachel Yu
Joseph Chan,John Siah

Opinion | How Macau’s rise as financial hub opens doors for Hong Kong

Joseph Chan
John Siah
Richard Harris

The View | Languishing wars, a stagnant China? Investors shouldn’t be so sure

Richard Harris
Zhou Xin

My Take | China economy: Beijing must make strong preparations for a period of slow growth

Zhou Xin
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Nicholas Spiro

The View | 3 trends to watch in Asian real estate in 2025

Nicholas Spiro
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MULTIMEDIA
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How Sands China is driving Macau 3.0

02:33
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NBA, Sands China collaborate to stage pre-season games in Macau

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Bitcoin surge stalls as crypto investors grow cautious

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Bridgewater's Prince says China is a 'unique opportunity' as funds diversify

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