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Big Boss Generation CEO Edward Li (right) and Japanese actress Sola Aoi (second from right) with other company representatives at Saturday’s opening of a new nightspot on the same site as the old Club Bboss. Photo: Nora Tam

Companies

Hong Kong’s 1980s nightlife culture dazzles again at old Club Bboss site

Big Boss Generation revives the old club’s huge dance floor, enticing locals and visitors with a glimpse of the go-go ‘80s nightclub scene.

Hong Kong pop diva Karen Mok picks up HK$85 million luxury flat in Mid-Levels

Hong Kong homebuyers snap up all Deep Water Pavilia flats on offer this weekend

Business

Jane Street to pay US$3.9m a month in record Hong Kong office lease

The trading firm takes a 223,000 sq ft space in one of the largest leasing transactions in Central in decades.

An artist’s impression of Henderson Land Development’s New Central Harbourfront project. Photo: Handout
An artist’s impression of Henderson Land Development’s New Central Harbourfront project. Photo: Handout

Business

InvestHK pivots to support Hong Kong start-ups’ global growth

After 25 years promoting the city as an investment destination, InvestHK is now championing Hong Kong companies’ overseas expansion.

Banking & Finance

Exclusive | ‘Super connector’: the next act for Hong Kong’s stock exchange

As HKEX turns 25, the exchange eyes promoting cross-border listings, fixed income and yuan products in its next chapter, chairman says.

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Policy

Hong Kong plans new AI supercomputing centre to boost tech hub status

The facilities will provide computing power for the Greater Bay Area and beyond, says innovation chief Sun Dong during a tech show in Paris.

Sun Dong, Secretary for Innovation, Technology and Industry, speaks at the VivaTech fair in Paris on Friday. Photo: Xinmei Shen
Sun Dong, Secretary for Innovation, Technology and Industry, speaks at the VivaTech fair in Paris on Friday. Photo: Xinmei Shen

China Business

Chinese carmaker GAC’s electric-van unit takes aim at European market

Miraco Motor hopes to grab 10 per cent of Europe’s annual sales of 1.7 million vans.

China Business

Hong Kong to allow drones with higher payloads to boost low-altitude economy

Laws and regulations are being amended to promote the development of the low-altitude economy, deputy financial secretary says.

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Tech Trends

Bitcoin, other cryptocurrencies sink after Israel air strikes on Iran

Over US$1 billion worth of long positions across all cryptocurrencies were liquidated in the past 24 hours, according to Coinglass data.

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Bitcoin slid as much as 3 per cent early on Friday in Singapore to dip below US$103,000 before paring losses. Photo: Shutterstock

Tech War

Huawei’s AI chip output limited to 200,000 in 2025, US commerce official says

That number falls short of Nvidia’s over 1 million China-specific H20 chips produced in the last nine months of 2024, analysts estimate.

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Use of Huawei’s Ascend AI chips “anywhere in the world” could be interpreted as a violation of US export controls, according to new guidance from Washington. Photo: Shutterstock
Use of Huawei’s Ascend AI chips “anywhere in the world” could be interpreted as a violation of US export controls, according to new guidance from Washington. Photo: Shutterstock

Banking & Finance

Hong Kong can power yuan’s international ascent: HSBC co-CEO

City should scale up yuan-denominated trade finance and participation in stock and bond markets, David Liao says.

Business

Indebted owner’s luxury property on The Peak on sale at 30% discount

A mansion in Twelve Peaks at 12 Mount Kellett Road is on sale for HK$330 million (US$42 million), down from HK$450 million six years ago.

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Companies

In Hong Kong and globally, AI is not a job and wage killer, PwC says

Across all industries, roles that ‘collate AI with human expertise’ are in demand and command a premium, report says.

Contrary to expectations, AI is making workers more valuable, productive and able to command higher wage premiums, according to PwC. Photo: Shutterstock

Big Tech

‘Watershed moment’: how Huawei’s HarmonyOS flourished in China amid US sanctions

Nearly half of smartphones and tablets running the Chinese tech giant’s Android alternative were shipped in 2024.

Huawei launched its latest HarmonyOS devices, the Pura 80 series smartphones, on June 11. Photo: Reuters
Huawei launched its latest HarmonyOS devices, the Pura 80 series smartphones, on June 11. Photo: Reuters

Banking & Finance

SFC CEO Leung: virtual assets are a tool ‘in the race for financial supremacy’

Leung says regulator’s next step is to focus on OTC trading and custodial institutions in the space.

Banking & Finance

Zhejiang Sanhua seeks US$1 billion in Hong Kong listing

The Shenzhen-listed maker of heating systems is offering 360.3 million shares at HK$21.21 to HK$22.53 each.

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Banking & Finance

Step aside Shanghai, Hong Kong is China’s prize financial hub

Despite calling the two cities twin engines for finance, Beijing’s actions favour Hong Kong as China’s one true global funding hub.

Illustration: Lau Ka-kuen
Illustration: Lau Ka-kuen

Policy

Self-driving mining trucks offer a glimpse of China’s hi-tech future

A coal mine in Inner Mongolia showcases Beijing’s determination to transform traditional industries with advanced technologies.

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Banking & Finance

China equips Hong Kong with ‘toolbox’ to propel yuan amid de-dollarisation

Doubts about the dollar’s supremacy present a unique opportunity to accelerate the yuan’s internationalisation.

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Banking & Finance

Hong Kong prepares for a homecoming as mainland firms face US delisting threats

Delisting pressure on US-listed companies from the mainland could be a jackpot for Hong Kong markets.

Illustration by Lau Ka-kuen
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OPINION
Anthony Rowley

Macroscope | How the obsession with risky assets is putting global finance in peril

Anthony Rowley
Anthony W.D. Anastasi

Opinion | As China reins in the EV sector, 1 solution stands above the rest

Anthony W.D. Anastasi
Nicholas Spiro

The View | Hibor plunge a bigger deal for stock market than Hong Kong’s property sector

Nicholas Spiro
Anthony Rowley

Macroscope | How China’s overlooked financial system enabled its industrial success

Anthony Rowley
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Zhou Xin

My Take | Beijing should push for more yuan global influence as faith in US dollar falters

Zhou Xin
Agnes Sui-kuen Chan

Opinion | How Hong Kong can reassert its global edge in an uncertain world

Agnes Sui-kuen Chan
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MULTIMEDIA
Video

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
01:44
Video

Chinese EV maker Xpeng CEO unveils newest vehicles in Hong Kong

Chinese EV maker Xpeng CEO unveils newest vehicles in Hong Kong
01:58
Video

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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Video

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

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