Advertisement
Advertisement
-
Business /

China Business

Related Topics:
China economy
CATL’s 2025 sales volume of lithium-ion batteries rose 39 per cent from the previous year. Photo: AFP
CATL

China’s CATL profit surges 42% as global market share soars to all-time high

Surging demand solidifies CATL’s position as world’s top EV battery manufacturer for ninth consecutive year.

Artificial intelligence

Chinese local governments offer OpenClaw subsidies as security questions linger

Mergers & Acquisitions

Investment firms remain upbeat on deals despite geopolitical tensions, bankers say

Energy

Oil above US$100 may persist as Goldman warns rally not over

Investors brace for prolonged disruption after Iran closed the Strait of Hormuz, sending crude to levels unseen since the 2022 energy shock.

A worker operates valves at the Rumaila oil field in Basra, Iraq, as the country cuts nearly 1.5 million barrels per day of output following the closure of the Strait of Hormuz. Photo: Reuters
A worker operates valves at the Rumaila oil field in Basra, Iraq, as the country cuts nearly 1.5 million barrels per day of output following the closure of the Strait of Hormuz. Photo: Reuters
IPO

Hong Kong’s IPO pace picks up as 2 mainland Chinese firms get listing approval

Everdisplay Optronics and Galaxis Technology publish post-hearing information packs on the Hong Kong stock exchange.

Artificial intelligence

Middle East crisis, global memory crunch dim AI smartphone buzz at MWC 2026

Industry excitement over AI-powered devices tempered by supply chain risks from Iran conflict and memory shortage affecting shipments.

Advertisement
Advertisement
Advertisement
China stock market

Trump’s Fed pick Warsh stokes uncertainty as investors weigh his policy shifts

US Treasuries have been falling recently, partially reflecting investor concerns that Warsh’s succession will slow rate reductions.

Former US Federal Reserve Governor Kevin Warsh speaks during a monetary policy conference at Stanford University’s Hoover Institution in Palo Alto, California, May 9, 2025. Photo: Reuters
Former US Federal Reserve Governor Kevin Warsh speaks during a monetary policy conference at Stanford University’s Hoover Institution in Palo Alto, California, May 9, 2025. Photo: Reuters
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

Commercial health insurance enters China’s policy agenda as an ageing population and costs strain basic coverage.

Hong Kong stock market

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

For the week, the Hang Seng Index fell 3.3 per cent, the worst weekly performance since November 21.

Shares in Hong Kong have been pummelled this week by the US-Iran war. Photo: Dickson Lee
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.

videocam
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.

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
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.

Biotechnology was explicitly included as a “strategic emerging pillar industry” in China’s government work report during the “two sessions” Photo: Shutterstock
Biotechnology was explicitly included as a “strategic emerging pillar industry” in China’s government work report during the “two sessions” Photo: Shutterstock
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.

24
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.

Advertisement
Advertisement
Advertisement
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.

videocam
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.

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
Help preserve 120 years of quality journalism.
SUPPORT NOW