Advertisement
Advertisement
TOPIC
 / company

S&P Global Ratings

S&P Global Ratings
The latest news and top stories on S&P Global Ratings. New York-based S&P specialises in credit ratings and financial analysis on stocks bonds and commodities. Known as the largest of the "Big Three" credit-rating agencies, S&P has over one million ratings outstanding.
A robot developed by Hangzhou-based Seth Robotics picking goods at Swire Coca-Cola’s smart factory in Zhengzhou, Henan province, on Friday. Photo: Handout
Robots developed by Hangzhou-based Seth Robotics picking goods at Swire Coca-Cola’s smart factory in Zhengzhou, Henan province, on Friday. Photo: Handout
Swire Group

Swire Coca-Cola gets robots for heavy lifting in demanding China market

New automated facility to help meet increasingly diverse demand across emerging sales channels, company says.

Semiconductors

Chip foundries better shielded in AI slowdown than Asia-Pacific tech peers: S&P

Banking & finance

China pumps massive US$54b into insurers, banks in financial powerhouse push

31
Yuan

How a China gold vault network could promote the yuan’s international reach

By anchoring yuan trades to gold through Hong Kong and new global vaults, Beijing will add convertibility to its currency, report says.

videocam
As of the end of July, China’s gold reserves stood at 76.08 million ounces, marking the 21st consecutive month of accumulation. Photo: dpa
China consumption

Louis Vuitton trims China presence amid fallout from trademark dispute

The latest China store exit in Guiyang highlights the luxury brand’s struggle to balance prestige with cultural empathy amid legal disputes.

videocam
China Evergrande Group

Saga of China Evergrande founder Hui Ka-yan ends with life sentence

Sentence for ‘multiple combined crimes’ in Shenzhen court signals end of property sector’s ‘old‑era growth model’, analyst says.

videocam
29
Advertisement
Advertisement
Advertisement
US-China trade war

Money and ‘a lot of noise’: how the US’ critical-minerals sector vies with China

State-backed funding is driving American efforts to build domestic supply, but industry trends and price gaps are still seen as hurdles to reducing reliance on China.

videocam
23
Patriot Critical Minerals plans to develop this site, in the US state of Nevada, into a US$300 million tungsten mine as prices of the critical mineral go up. Photo: Handout
Insurance

Hong Kong insurers to weather Beijing’s tax shift with 8-10% premium growth: S&P

Credit-rating agency says heightened scrutiny likely to create compliance hurdles, not destroy demand.

China consumption

Lululemon rival Alo Yoga enters China market with new store on Alibaba’s Tmall

The US brand announced its entry into China in June as part of its international expansion to tap the premium ‘athleisure’ market.

Electric & new energy vehicles

China’s EV makers went from small fry to big shots. Can others do the same?

The global green shift is providing a way for emerging economies to catch up with global powerhouses, with help from China’s supply chain.

videocam
5
Illustration: Henry Wong
China consumption

Five Guys eyes Beijing as US chains hunger for success in China

Unlike earlier attempts that relied on management by overseas headquarters, US firms now favour franchising, analyst says.

39
Five Guys targets quality-focused diners in first-tier cities. Photo: Getty Images via AFP
Electric & new energy vehicles

Beijing opens lithium futures to foreign traders to cement pricing power over US

Miners, battery makers and traders outside China can now trade lithium carbonate futures and options on the Guangzhou Futures Exchange.

China’s private sector

Race to the bottom? Why retailers bet on their own brands in China

Analysts forecast in-house goods to rise sharply as Chinese retailers seek loyalty and offset lost supplier-funded fees.

China consumption

Pandora, Swarovski shrink China footprint amid shifting consumer preferences

In the first quarter, China’s gold consumption reached 303.3 metric tons, up 4.4 per cent year on year.

This 2019 file photo shows a Swarovski store in a commercial district in Beijing, at a time when it had 400 stores on the mainland. Photo: EPA-EFE
Electric & new energy vehicles

China’s heavy trucks are going electric, and abroad, paving the road to net-zero freight

Analysts say low ownership costs and battery gains are fuelling an export boom to regions such as Southeast Asia and Africa, positioning Chinese firms as main engines.

5
An electric truck charges at a supercharging station in China’s Hubei province. Photo: Getty Images
US-China trade war

Why the US remains ‘fragmented’ in a critical copper clash against China

Washington’s efforts to rebuild the domestic copper industry are colliding with Chinese dominance in a metal central to advanced tech and defence systems.

videocam
5
Indonesia

Indonesia hails China’s backing for panda bond amid investor concerns over rules

While Jakarta has assured Chinese investors about Indonesia’s economic outlook, analysts cite regulatory uncertainty as a key barrier.

videocam
Advertisement
Advertisement
Advertisement
China’s private sector

From Alo to Texas Chicken, foreign brands bet on China despite stiff rivalry

For premium and niche brands, China still represents a growth opportunity in a fast-changing consumer market.

Los Angeles-based Alo Yoga announced its entry into the China market on Wednesday. Photo: Shutterstock
China trade

China’s ports are by far the most efficient in the world: World Bank study

Seven Chinese ports including Hong Kong ranked among the world’s top 10 in the report, which tracks how quickly trade hubs process ships.

8
Macau

Hong Kong-listed Tencent eyes global note issuance amid AI investment surge

Firm expands note programme to up to US$30 billion and proposes international offering to professional investors in next 12 months.

China property

Food Republic joins wave of foreign brands retreating in China

Singaporean operator leaves capital after 25 years as food court model loses favour amid rise of food delivery, shopping-mall evolution.

4
Following the Beijing closure, only four Food Republics will remain in China, all in Shanghai. Photo: Handout
China's economic recovery

Struggling Chinese regions mine ledgers for dormant riches in ‘idle’ property

Localities battling debt, such as Jilin and Chongqing, pivot to ‘asset revitalisation’ as land revenue remains weak, but analysts flag new risks.

videocam
The skyline is seen in Changchun, the capital of Jilin province, where authorities are trying to repurpose idle properties. Photo: Shutterstock
Zijin Mining

China’s largest mining company poised for global top 3 status by 2028, says S&P

Ratings agency highlights Zijin’s project pipeline and cost discipline as the miner accelerates global expansion in copper and gold.

Hong Kong property

‘Aggressive pricing’: Able Engineering tops titans’ bids in Hong Kong land sale

Able Engineering outperforms analyst forecasts to secure a residential parcel that can fit nearly 1,000 units, and the win is seen reflecting rising confidence in the sector.

videocam
Artificial intelligence

AI | China’s tech giants look to rewrite the e-commerce playbook with AI agents

The nation’s over 900 million e-commerce users are taking part in an experiment where rigid search terms are replaced by natural dialogue.

Small shopping cart on a laptop keyboard signifies convenience in digital purchases. Photo: Shutterstock Images
Hong Kong property

6 bids for Hong Kong land sale signal renewed confidence despite market caution

Tung Chung site draws bids from major developers SHKP, Kerry and Sino Land, reflecting cautious optimism for the residential property market.

A general view of Tung Chung. Photo: Felix Wong
Banking & finance

Investors bet CK Hutchison is exiting a mature sector at right time – once again

Disposal of VodafoneThree adds to Li family’s record of cycle-savvy moves, with investors weighing where war chest will flow next.

China property

China’s bond market faces climbing re-defaults as property crisis drags on

Re-defaults erode credit differentiation as homebuyer confidence weakens under slow income growth and high leverage, analysts warn.

Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement