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Dickson Concepts decided to close its 60,000 sq ft outlet in Central in 2023 after almost two decades. Photo: Handout

Business

Dickson Poon offers to privatise luxury retail group in US$141 million deal

Offer is 51 per cent higher than its pre-suspension market price and above the stock’s price at any point over the past 10 years.

4 hours ago

Hong Kong’s unsold homes hit all-time high as buyers hesitate amid tariff war

6 hours ago

HSBC to buy back US$3 billion in stock after quarterly profit beats estimates

29 Apr 2025 - 5:45PM

Markets

Hong Kong stocks rise as investors await earnings from Chinese banks

HSBC gains 3 per cent to HK$88.35 after first-quarter profit beat estimates, announces US$3 billion share buy-back plan.

29 Apr 2025 - 4:36PMvideocam

An electronic billboard shows the various indices of the Hong Kong stock exchange. Photo: AFP

Climate and energy

China leads global hydrogen output amid push for clean energy dominance

‘The number of planned large-scale renewable hydrogen projects is growing quickly,’ NEA top official Xu Jilin said on Monday.

29 Apr 2025 - 6:00PMvideocam

Big Tech

Alibaba unveils Qwen3 AI models that it says outperform DeepSeek R1

The release comes just days after Baidu introduced two advanced models amid speculation about the imminent release of DeepSeek’s R2.

29 Apr 2025 - 10:03AMvideocam

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Big Tech

Pony.ai partners with Tencent to provide robotaxi services on WeChat

With access to more than a billion users on Tencent’s platforms, Pony.ai is set to significantly boost its revenue potential.

5 hours ago

The interior of a Pony.ai robotaxi, seen at the Shanghai Auto Show. Photo: Reuters

Companies

Evergrande chairman Hui Ka-yan refuses to disclose assets, liquidators say

Hui expressed his intention to the court on April 23 that he would not be disclosing his assets, a lawyer for the liquidators said.

29 Apr 2025 - 2:18PMvideocam

Companies

Pirelli sidelines China’s Sinochem over control of the Italian tyremaker

The governance status of the Chinese conglomerate has been downgraded following a request from Italian regulators.

29 Apr 2025 - 12:00PM

Companies

Tesla’s Semi trucks to roll out from Nevada gigafactory by end of 2025

Company will prepare for high volume production of the electric trucks over the next few quarters, head of the Semi programme Dan Priestly says.

29 Apr 2025 - 11:11AM

Tesla’s Semi electric truck is unveiled during a presentation in Hawthorn, California, on November 16, 2017. Photo: Reuters

Tech Trends

Exclusive | China’s Tsinghua University snags top American AI researcher from Microsoft

Lamb will join the prestigious school’s College of AI and has already started accepting applications from prospective PhD and master’s students.

29 Apr 2025 - 9:46AM

Tsinghua University in Beijing started its College of AI in April 2024. Photo: Shutterstock

Big Tech

Temu adds tariff charges for US shoppers, as Shein also raises prices

Shipped-from-China items on Temu’s bestsellers list come with taxes exceeding the value of the product.

29 Apr 2025 - 11:08AM

Tech Trends

Geely-owned DreamSmart to push mobile payments via AI smart glasses

DreamSmart is working with Ant International to enable mobile payments for users of its StarV Air2 eyewear.

29 Apr 2025 - 11:58AM

Big Tech

Tencent, Alibaba buy Nvidia GPUs from ByteDance stockpile, report says

ByteDance’s rivals are acquiring some of its US$13.7 billion worth of Nvidia’s H20 chips, which are now barred from export to China.

29 Apr 2025 - 10:36AM

Nvidia’s graphics processing units have become a hot commodity in China as US restrictions on the technology increase. Photo: Nvidia

Tech

Chinese quantum computing firm tackles breast cancer screenings, drug design

Hefei-based Origin Quantum has demonstrated its computer’s ability to process medical imaging data ‘exponentially faster’ than classical machines.

28 Apr 2025 - 10:22PM

Scientists work on the Origin Wukong superconducting quantum computer. Photo: Origin Quantum

China Business

Seres, Huawei’s carmaking partner, plans Hong Kong listing to fund expansion

Chongqing-based Seres joins state-owned Chery Automobile and EV battery maker CATL in seeking to raise funds in Hong Kong.

28 Apr 2025 - 8:03PM

Tech Trends

DeepSeek speculation swirls online over Chinese AI start-up’s R2 model

The latest speculation includes R2’s imminent launch and the new benchmarks that it set in terms of cost-efficiency and performance.

28 Apr 2025 - 8:00PMvideocam

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Climate and energy

Crunch time for China’s solar panels as Trump’s 3,521% tariffs loom

Chinese firms have been exporting from offshore factories to beat US tariffs for a decade, and Washington is determined to shut the loophole.

27 Apr 2025 - 9:43AMvideocam

illustration by Lau Ka-kuen

Tech Trends

From gifted student to AI hero, DeepSeek founder inspires a nation

Hailing from an obscure village in southern China, Liang Wenfeng has risen from humble roots to become a household name.

19 Apr 2025 - 11:00AM

China Business

‘Extreme’ US-China decoupling could cost US$2.5 trillion, Goldman warns

Threat of decoupling emerged after Treasury Secretary Scott Bessent said delisting of US-traded Chinese companies was back on the table.

14 Apr 2025 - 7:21PMvideocam

China Business

Chinese EV makers face tariff dilemma as Beijing intervenes in go-global plans

China wants decisions by carmakers to be made strategically, prioritising geopolitically favourable countries, Trivium China’s Ries says.

17 Apr 2025 - 6:45PMvideocam

Cars ready for export are stacked at the Taicang port in Suzhou, in eastern China’s Jiangsu province. Photo: AFP

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Opinion | China has the upper hand in trade war as Trump flounders

Wenran Jiang

5 hours ago

Opinion | Hong Kong SMEs must act boldly to survive Trump’s tariffs

Paul Gardner

29 Apr 2025 - 5:21PM

Opinion | How China is turning Trump’s tariffs into an opportunity

Gu Bin

29 Apr 2025 - 9:30AM

My Take | China’s ambitions in electric vehicles go beyond making lots of cars

Zhou Xin

29 Apr 2025 - 7:00AM

The View | 3 Asian property markets could offer shelter from Trump’s tariff storm

Nicholas Spiro

28 Apr 2025 - 4:30PM

Macroscope | A world economy on the brink could use some win-win cooperation

Anthony Rowley

26 Apr 2025 - 4:30PM

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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

How Alibaba.com is betting on AI to transform e-commerce

How Alibaba.com is betting on AI to transform e-commerce

The small business concerns behind China’s ‘two sessions’

China’s ‘two sessions’: small businesses voice concerns as they face economic headwinds

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