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SCMP Exclusives

SCMP Exclusives
The latest news, analysis and opinion on SCMP Exclusives. In-depth analysis, industry insights and expert opinion.
Kling AI is said to be close to completing a US$3 billion fundraising round that would value the company at US$18 billion post-investment. Photo: Shutterstock
Artificial intelligence

Exclusive | China’s Kling AI nears US$3 billion round at US$18 billion valuation: sources

The Kuaishou Technology spin-off aims to start Hong Kong listing process within a year, as annual recurring revenue soars following latest AI video model release.

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US-China relations

Exclusive | US lawmaker defends calling witness ‘racist’ in explosive China committee clash

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China-India relations

Exclusive | Indian officials said to be in talks to allow reporters from China to return

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ByteDance

Exclusive | ByteDance targets early next year for next-generation CPU: sources

To accelerate development and help secure foundry capacity, ByteDance is collaborating with US chipmaker Qualcomm.

ByteDance is seeking wider deployment of its self-developed hardware across its own AI infrastructure. Photo: NurPhoto via Getty Images
Hong Kong’s Tai Po fire tragedy

Exclusive | Housing minister talks accountability, how to prevent another Tai Po fire

Secretary for Housing Winnie Ho says tragedy left profound impact on all involved departments and highlighted need to strengthen oversight.

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Hong Kong housing

Exclusive | High ceiling to clear? First rectified subdivided flat to be approved soon

Housing minister Winnie Ho also says government still needs at least four years to fulfil Beijing’s order to eradicate substandard homes.

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Hong Kong housing

Exclusive | Bigger space, better living: what Northern Metropolis public flats have to offer

Share of larger flats will also be increased to 25 per cent, with estates integrated with the area’s environment, heritage and technology.

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An artist's impression of the Fanling North New Development Area. Estates located near rivers will feature waterfront elements and integrate with the riverside environment. Photo: CEDD
Malaysia

Exclusive | From Kuantan to ‘Oscars of science’: top Malaysian scientist is always adapting

Breakthrough Prize winner Thein Swee Lay’s research has helped turn sickle cell disease and beta-thalassaemia into treatable conditions.

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Thailand

Exclusive | Bangkok’s ‘Hulk’ governor wants a second chance to smash it

Chadchart Sittipunt has won fans with his dog parks and flood alerts. Now he says he needs four more years to finish the job.

Hong Kong healthcare and hospitals

Exclusive | Why having more foreign-trained doctors in Hong Kong won’t threaten local ones

Health minister Lo Chung-mau says city lacks doctors trained in certain branches but hospitals will always prioritise local hires.

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“The existing restriction hindered our talent recruitment," Secretary for Health Lo Chung-mau says. Photo: May Tse
Hong Kong politics

Exclusive | Hong Kong’s own drug regulator pushes ahead with hiring, seeks WHO recognition

Health chief says the city is aiming to approve drugs independently by 2030 as it builds capacity and courts global pharmaceutical companies.

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Secretary for Health Lo Chung-mau. Photo: May Tse
China-India relations

Exclusive | US assures India over AI ‘kill switch’ as ‘Pax Silica’ expands to counter China

New Delhi says Washington pledged AI access would continue after Anthropic restrictions as the US-led initiative adds new members.

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Hong Kong national security law

Exclusive | Repentant protesters will be given priority case review, minister says

Secretary for Security Chris Tang flags ongoing threats amid geopolitical tensions and need to continuously review and refine national security laws.

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Hong Kong politics

Exclusive | Loss of fugitive transfer deals a ‘pity’ and only helps criminals: Chris Tang

Security minister tells SCMP it’s up to countries that suspended agreements whether to resume them.

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Secretary for Security Chris Tang says Hong Kong authorities have continued to work with counterparts work against crime. Photo: Dickson Lee
Hong Kong’s Tai Po fire tragedy

Exclusive | ‘No limits’ to accountability over Tai Po fire, security chief Chris Tang says

Secretary for security says committee investigating blaze will deliver results in a timely manner and commission of inquiry not needed.

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Secretary for Security Chris Tang. Photo: Dickson Lee
Hong Kong politics

Exclusive | Hong Kong to reform Medical Council to improve handling of complaints

Proportion of lay members to be increased and time frames for cases made public under amendments headed to Legco in about two weeks, SCMP learns.

US-China trade war

Exclusive | Dutch semiconductor giants join delegation to China as US pushes curbs: source

The Netherlands has protested Washington’s proposed Match Act, which would further curtail its semiconductor firms’ business in China.

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Hong Kong economy

Exclusive | Beijing probe driven by ‘leakage’ concerns, Paul Chan tells Davos Dalian event

Financial Secretary Paul Chan discusses probe on three brokerages, HKIC’s Clara Chan reveals investment vision, at closed-door event.

Paul Chan made the remarks at a closed-door SCMP event at the World Economic Forum’s Annual Meeting of the New Champions. Photo: SCMP
Hong Kong economy

Exclusive | Hong Kong needs visionaries to run Kai Tak Cruise Terminal: Rosanna Law

Tourism minister also says prospective bidders sought extra time to work on proposals before government extended tender deadline.

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Hong Kong tourism

Exclusive | How Hong Kong plans to tap popular films, historic buildings to lure tourists

Tourism chief says city will build on success of old Yau Ma Tei police station exhibition to turn more historic buildings into cultural experiences.

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Hong Kong tourism

Exclusive | Competing for tourists? Then Hong Kong must be ‘bigger and better’: Rosanna Law

‘If Hong Kong hopes that our neighbouring cities or competitors can stand still … I think that is unrealistic,’ tourism minister says.

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Secretary for Culture, Sports and Tourism Rosanna Law says Hong Kong's answer "is not to expect or hope that our neighbours do not grow". Photo: Jonathan Wong
2026 Xi-Trump summits

Exclusive | No call with Taiwan, no new arms sales: how Trump is preparing to welcome Xi

There are no signs that the US president is about to phone Lai Ching-te and upset the fragile stability with Beijing, sources say.

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Sources say that US President Donald Trump is unlikely to put in a call to Taiwanese leader Lai Ching-te. Photo: AP
US-China relations

Exclusive | Is the US warming up to Hong Kong? High-level meeting signals shift

AmCham HK delegation expected to meet high-ranking US State Department official as part of annual trip to Washington, sources say.

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China trade

Exclusive | ‘We cannot rely entirely on America’: Europe urged to deepen China ties on AI

Euro architect Christian Noyer says Chinese capital can help Europe build AI, green industries and strategic autonomy as it revamps markets.

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John Lee

Exclusive | ‘A year is a long time’ – John Lee on whether he will run again in 2027

City leader discusses goals for final year of current term and reflects on previous four, saying: ‘Hong Kong’s interest takes priority over my personal interests’.

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Chief Executive John Lee remains non-committal on re-election, focusing instead on final-year goals and Hong Kong’s economic outlook. Photo: Dickson Lee
John Lee

Exclusive | Baby bonus to continue? We’ll consult widely, John Lee says

City leader says government to consult public and ‘collect wisdom’ before deciding whether incentive measures should carry on.

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The number of registered births in Hong Kong hit a historic low of 31,100 in 2025, despite a range of government initiatives aimed at boosting the city’s fertility rate. Photo: Jelly Tse
John Lee

Exclusive | Northern Metropolis needs early success stories to draw investors, John Lee says

Hong Kong leader points to Hetao park as key aspect of project that can convince mainland and global investors to get on board.

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Hong Kong economy

Exclusive | ‘Further reforms’: John Lee vows more changes ahead for economy

Hong Kong leader also says city’s five-year plan will secure policy continuity while ensuring ‘attention, energy and resources’ align with wider developments.

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