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Passengers pass a mural in the arrivals hall of Guangzhou Baiyun International Airport in Guangzhou, in south China’s Guangdong province, on February 23, 2026. Photo: Xinhua
Two Sessions 2026

China’s eastern, southern economic powerhouses vie for innovation leadership

Officials from Yangtze River Delta, Greater Bay Area outline ambitions after Xi Jinping calls on provincial economies to drive development.

Two Sessions 2026

China to pursue commercial health insurance to ease strain, support innovation

Hong Kong stock market

Hong Kong stocks record steepest weekly slump in 4 months on US-Iran war

China manufacturing

China bets on AI-manufacturing integration to narrow digital gap with US

Beijing’s new five-year plan calls for digital economy to account for bigger share of GDP, backed by 28 major projects, 5G upgrades and data-focused industrial policy.

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A surgical robotic demonstration is seen during an exhibition for medical equipment last March in China’s Chongqing. Photo: Xinhua
A surgical robotic demonstration is seen during an exhibition for medical equipment last March in China’s Chongqing. Photo: Xinhua
Two Sessions 2026

Lean harder into Hong Kong-mainland China market ties: ‘two sessions’ delegates

Higher integration would raise resilience of the mainland financial system while supporting yuan internationalisation, CPPCC members say.

Insilico

Insilico Medicine advances Middle East push with UAE AI drug discovery deal

Hong Kong-listed biotech firm’s shares jump after announcing partnership to use AI tools in drug discovery in the United Arab Emirates.

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E-commerce

JD.com posts quarterly loss amid costly instant delivery battle

Profit for 2025 cut in half amid expensive fight with Alibaba and Meituan, as well as dampened consumer spending.

JD.com said in a post-earnings call that investment in its food delivery operations would decline this year. Photo: Reuters
JD.com said in a post-earnings call that investment in its food delivery operations would decline this year. Photo: Reuters
Two Sessions 2026

China and Hong Kong should relax biotech listing rules, venture capitalist says

Foreign investors are returning to China’s healthcare sector, but IPO bottlenecks and takeover rules could deter deals, VC Nisa Leung says.

Millionaires and billionaires

China reclaims title as world’s billionaire capital: Hurun Rich List

Global billionaire population hits record, led by Elon Musk, as China adds 287 names and AI emerges as a top wealth generator.

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Venture capital market

China’s state-led venture capital revival risks losing momentum

Four government funds formed to back projects, but lack of funding diversity could risk stalling the industry again if policy shifts.

Several government funds have been formed in China to support investments in key projects. Photo: NurPhoto via Getty Images
Hong Kong stock market

Hong Kong stocks rebound with Asian peers as “two sessions” opens in China

South Korea’s Kospi leads Asia-Pacific gains, jumping nearly 10 per cent to recover nearly all of its record 12 per cent drop.

Hong Kong stocks staged a rebound on Thursday. Photo: Reuters
Hong Kong stocks staged a rebound on Thursday. Photo: Reuters
Artificial intelligence

Alibaba recruits Google DeepMind contributor to join Qwen AI team: sources

Zhou Hao to join as head of post-training research, sources say, as technical lead Lin Junyang departs in reshuffle.

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CATL

China’s EV battery leader CATL to step up use of AI in R&D: founder

Billionaire Robin Zeng Yuqun promises higher investment, touts ‘resilient supply chain and ecosystem’ driving export growth.

Made in China 2025

China biotech outlicensing tops US$52 billion in first 2 months

The latest deals are Sino Biopharmaceutical’s partnership with France’s Sanofi and Antengene’s agreement with Belgium’s UCB.

The logo of Sino Biopharmaceutical is seen on a building in Beijing, April 22, 2021. Photo: VCG via Getty Images
Hong Kong stock market

Oil surge stokes inflation fears as Middle East flashpoint rattles markets

Rising oil prices are shaking global markets as investors rethink rate-cut bets and brace for slower growth and renewed inflation.

The spike in energy costs has revived fears of a renewed bout of inflation, raising the risk of slower global growth. Photo: AFP
The spike in energy costs has revived fears of a renewed bout of inflation, raising the risk of slower global growth. Photo: AFP
Hong Kong stock market

Surging oil prices drive Hong Kong stocks to 3-month low on inflation jitters

Brent crude gains 1.3 per cent to US$82.46, while Nymex futures rise 1.1 per cent to US$75.36.

Two Sessions 2026

Healthcare investors looking to ‘two sessions’ for clarity on drug pricing

Healthcare and insurance sectors will see policy fine-tuning, ‘moral support’ rather than ‘groundbreaking news’ from Beijing, analysts say.

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Taiwan

US investors now own 23% of Taiwan’s equity market amid AI boom

US investors currently hold about 23 per cent of the Taiwan Stock Exchange’s total market capitalisation.

US ownership of equities listed on the Taiwan Stock Exchange has steadily grown over the past 10 years. Photo: Shutterstock
US ownership of equities listed on the Taiwan Stock Exchange has steadily grown over the past 10 years. Photo: Shutterstock
Artificial intelligence

Chinese AI drug researcher XtalPi expects to turn first annual profit

Shenzhen-based company projects net profit of at least US$14.5 million in 2025 on narrowing losses in core businesses, investment gains.

Smartphones

Will Apple’s low-cost iPhone 17e make a splash in China’s smartphone market?

Presales for the new entry-level iPhone start on Wednesday, with a wide release set for March 11.

Made in China 2025

Xiaomi tests humanoid robots as firm plans to deploy ‘large number’ in 5 years

Xiaomi robots operated autonomously for three continuous hours, successfully completing assembly tasks without human intervention.

Xiaomi’s CEO and chairman, Lei Jun, said a trial in the firm’s car production facility saw robots operating autonomously for three continuous hours, successfully completing assembly tasks without human intervention. Photo: Xiaomi
China stock market

Investors lock onto NPC as markets seek policy lift amid AI jitters

With Chinese stocks drifting and global markets spooked by artificial intelligence fears, traders are eyeing the ‘two sessions’ for catalysts.

More than 2,000 delegates from across the nation will convene in Beijing for the annual meeting of the National People’s Congress, China’s top legislature, scheduled to open on March 5. Photo: AP
More than 2,000 delegates from across the nation will convene in Beijing for the annual meeting of the National People’s Congress, China’s top legislature, scheduled to open on March 5. Photo: AP
Artificial intelligence

AI-aided US strikes in Iran to intensify China tech self-reliance push: analysts

AI’s militarisation adds momentum to China’s drive for domestic chips and infrastructure, analysts say.

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Middle East

Iran war disrupts Chinese tech firms’ Middle East operations

Baidu, WeRide and Meituan among companies halting operations or instituting remote work, as some Chinese nationals seek to escape region.

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Electric & new energy vehicles

China should skip a step in self-driving cars, Xpeng CEO says

He Xiaopeng urges Beijing to clear way for a leap ahead in autonomous driving technology – a jump he promises to propose at the ‘two sessions’.

The Next P7, an electric vehicle from Xpeng, appears at the Indonesian International Motor Show in Jakarta on February 5, 2026. Photo: AP Photo
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