Sales of the units, which ranged from 340 sq ft to 783 sq ft at HK$18,597 to HK$28,350 per square foot, were suspended after a red rain signal on Saturday.
Global iPhone revenue fell 10 per cent in the first quarter, but Apple CEO Tim Cook said he has a “very positive viewpoint” on China despite increased competition.
Mainland China investors will gain access to Hong Kong’s Reits via an expanded mutual market access scheme in a move which will deepen the market, enhance its liquidity and attract international issuers, analysts say.
US lawyers representing young people and their families allege that the overseas version of TikTok protects children in China in ways that the US version does not.
The new pact promises to deliver improved remuneration and promotion for UMG-represented songwriters and artists on TikTok, as well as protections related to generative artificial intelligence.
Swire Pacific, which has made healthcare a key growth area, has completed the acquisition of a controlling stake in Shanghai-based cardiovascular treatment provider DeltaHealth.
A new wave of property stimulus measures is brewing that should fuel a recovery in market sentiment across China as the country’s top decision-makers pledged to tackle housing inventories, according to analysts.
‘Business performance was strong and broad-based across our segments, products and markets,’ CEO Bill Winters said.
Huawei’s recognition as an accredited lab expired on Tuesday and its request for an extension of its recognition was denied by US authorities.
China’s top three premium EV makers posted mixed sales last month, as companies remain entrenched in a price war in the world’s largest car market that shows no signs of ending.
The leadership reshuffle at Huawei’s consumer business group comes as the company regains lost ground in China’s smartphone market and doubles down on electric vehicle systems.
To go to market with Tesla’s Full Self-Driving system, Elon Musk had no choice but to join a Chinese partner for a mapping licence on the mainland.
Xiaomi smartphone shipments were up 33 per cent for the quarter to 40.7 million units, giving it 14 per cent of the global market.
The capital city has relaxed rules on multiple home purchases after 13 years as part of the country’s effort to stimulate a stubbornly stagnant property market.
Swiss bank UBS Group will host an investment conference in Hong Kong at the end of May, continuing a 27-year tradition begun by Credit Suisse Group, which it acquired last year.
Foreign investors loaded up on Chinese stocks for a third straight month in April, adding to evidence that global fund managers have become more positive about the world’s second-largest market.
Eight main districts in Hangzhou including downtown Gongshu and Shangcheng, as well as Tonglu county, will be open for self-driving vehicle tests from May 1.
The appetite of mainland Chinese firms for premium space was not enough to stem a steady increase in the vacancy rate as more office premises came online and overall demand shrank.
Around 30 people were laid off after Kuaishou Technology disbanded its video gaming studio in Beijing.
Yum China Holdings, which owns the KFC and Pizza Hut restaurant chains in mainland China, plans to open more stores in ‘untapped’ parts of the country where it hopes its low-price strategy will appeal to vast numbers of less affluent customers.
Several Chinese online media outlets falsely reported that a Tokyo-based research firm found more than 90 per cent of the handset’s parts to be domestically sourced.