Business

Banking & Finance

Climate and energy

China Future Tech

Shoppers queued up at the Louis Vuitton store on Canton Road in Hong Kong’s Tsim Sha Tsui district in Kowloon on 2 January 2025. Photo: Jelly Tse

Business

Hong Kong’s Tsim Sha Tsui is the world’s most expensive luxury shopping strip

Prime retail rent in TST, as the area is called, was £17,132 (US$22,976) per square metre per annum in the fourth quarter, according to Savills’ report.

1 hour ago

Elon Musk teases Grok 3.5 hours after Alibaba’s Qwen3 generates buzz

1 hour agovideocam

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

30 Apr 2025 - 1:34AM

Business

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

Weak demand prompted developers to rein in new launches, trimming potential supply for a fourth straight quarter.

29 Apr 2025 - 7:00PM

View of Pano Harbour project (centre) by China Resources Land and Poly Property in Kai Tak. Photo: Edmond So

Banking & Finance

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

HSBC says in a worst-case scenario, it could book an additional bad debt provision to guard against a potential global economic slowdown.

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

Advertisement

Advertisement

Advertisement

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

Hydrogen-powered heavy-duty trucks awaiting departure from the dry port of the New International Land-Sea Trade Corridor in Chongqing, southwest China. Photo: Xinhua

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

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.

29 Apr 2025 - 8:00PM

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

Evergrande chairman Hui Ka-yan pictured in November 2017. Photo: Visual China Group via Getty Images

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

China’s Sinochem owns a 37 per cent stake in Pirelli through its Italian branch Marco Polo International. Photo: Reuters

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

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

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

Shein and Temu are shifting US tariff costs onto American customers. Photo: Reuters

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

DreamSmart Group’s AI-powered StarV Air2 eyewear will offer mobile payments functionality from the third quarter this year. Photo: SCMP

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

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

Advertisement

Advertisement

Advertisement

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

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

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

Wenran Jiang

29 Apr 2025 - 8:30PM

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

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

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

Advertisement

Advertisement

Advertisement

TRENDING TOPICS

Hong Kong Stock Exchange

China stock market

Belt and Road Initiative

Advertisement

Advertisement

Advertisement

MOST POPULAR

1

Super March turns events into business opportunities and unforgettable visitor experiences

In partnership with:

Hong Kong Tourism Board

2

How two Hong Kong firms’ innovative solutions enhance well-being in belt and road regions

In partnership with:

Belt and Road Office

3

Xiaomi car crash involving self-driving feature sparks concerns in China

1 Apr 2025 - 8:27PM

4

How one of the world’s largest auto suppliers prepares for ‘Trump tax’

2 Apr 2025 - 1:36PM

5

Top Chinese EV makers power ahead thanks to subsidies, tax incentives

2 Apr 2025 - 9:21AM