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Founded in 2015 by three quantum physicists, XtalPi was listed in Hong Kong in June 2024. Photo: Handout
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?

Made in China 2025

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

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

Hong Kong, Shanghai sign pact on digital trade finance, cross-border data link

‘This marks an important milestone in the collaboration on financial innovation between Shanghai and Hong Kong,’ HKMA’s Howard Lee says.

Artificial intelligence

Hong Kong-listed AI firm MiniMax’s revenue jumps 159% on strong demand

Shanghai-based company predicts revenue will double this year, based on strong user growth for its M2.5 model.

Two Sessions 2026

Chinese officials, car executives may discuss capping EV output

As China’s EV industry faces slowing growth, officials may discuss capping output and boosting tech innovation to combat price wars.

Employees work on the assembly line of new energy vehicles at Zero Run’s plant in Jinhua, Zhejiang province. Photo: VCG via Getty Images
Huawei

Huawei holds global debut for AI computing clusters in challenge to Nvidia

US-sanctioned Huawei Technologies brings ‘world’s most powerful’ AI compute systems to an international audience at MWC Barcelona 2026.

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Huawei showcases its SuperPoD products at MWC Barcelona 2026. Photo: handout
Huawei showcases its SuperPoD products at MWC Barcelona 2026. Photo: handout
Hong Kong

Hong Kong’s new cash-for-residency scheme draws US$12 billion in first 2 years

Number of applicants surges in second year, with most of the deployed capital going into authorised funds, equities and debt securities.

Two Sessions 2026

How China could untangle its private firms’ complex debt burdens

As private businesses grapple with cash flow challenges, entrepreneurs say they want the settling of outstanding debts to be made a priority.

Hong Kong stock market

Sell-offs sweep Hong Kong and Asian markets as gold, oil rise on Iran war

Crude oil jumps as much as 14 per cent to the highest level since January 2025, while gold gains 2.5 per cent on haven demand.

Hong Kong stocks fell on Monday. Photo: Jonathan Wong
Artificial intelligence

China’s Honor debuts robot phone and humanoid companion in push into AI hardware

Robot phone – featuring motorised arm that tracks motion and interacts with users through camera movement – unveiled ahead of MWC Barcelona.

Honor gives a preview of its robot phone, which features a fold-out gimbal-attached camera, ahead of MWC Barcelona. Photo: Handout
Honor gives a preview of its robot phone, which features a fold-out gimbal-attached camera, ahead of MWC Barcelona. Photo: Handout
Smartphones

China’s Xiaomi steps up global push with flagship smartphone 17 series launch

The launch ahead of MWC Barcelona showcases Xiaomi’s push into premium market with new phones, tablet, smartwatch and concept hypercar.

Retailing

Warm winter no match: China’s sportswear sector posts surprise growth

Policy support, Chinese New Year demand and Winter Olympics exposure lift China’s sportswear makers, with Li Ning and Anta leading gains.

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Xi Jinping's anti-corruption campaign

Chairman of China’s second-largest liquor producer under corruption probe

Wuliangye Yibin’s Zeng Congqin is the latest high-profile figure targeted as Beijing’s anti-corruption drive intensifies in liquor sector.

Zeng Congqin is suspected of serious violations of party discipline and law Photo: Handout
Zeng Congqin is suspected of serious violations of party discipline and law Photo: Handout
Made in China 2025

Hong Kong-listed Chinese drug firms set to turn corner on rising sales, deals

Chinese pharmaceutical firms are poised for profit growth, driven by innovative drug sales and licensing deals, despite pricing pressures.

Hong Kong stock market

The big cornerstone comeback: what’s driving investors back to Hong Kong IPOs?

After four subdued years, the cornerstone investors that anchor Hong Kong’s IPO market are returning in force, reshaping the deal landscape.

Autonomous vehicles

Breakthrough or hype? How WeRide aims to edge rivals in crowded robotaxi field

WeRide says its world model has slashed costs to support global expansion, but investors question if it can deliver a lasting advantage.

A simulated environment created by WeRide’s world model Genesis. Photo: Handout
Semiconductors

Moore Threads’ flagship AI chip compatible with latest Alibaba models

The semiconductor developer’s MTT S5000 chip achieves full-stack compatibility with the new Qwen3.5 series.

Moore Threads’ latest initiative reflects how Chinese chip developers are rushing to support the country’s top-performing AI models. Photo: Moore Threads
Moore Threads’ latest initiative reflects how Chinese chip developers are rushing to support the country’s top-performing AI models. Photo: Moore Threads
Pop Mart

Pop Mart’s Merodi Hong Kong debut highlights challenges of sustaining IP success

Toymaker’s latest character launch draws tepid demand, raising questions about the company’s reliance on Labubu’s success.

Hong Kong stock market

Hong Kong stocks cap worst month since October on AI disruption angst

Concerns over AI’s disruptive impact on traditional industries continue to unsettle investors.

Smartphones

Huawei targets global comeback with Mate 80 Pro smartphone, new smartwatch

The handset’s launch in Madrid marks Huawei’s renewed push into the global smartphone market.

Huawei Technologies’ flagship Mate 80 series made its international debut in Madrid, Spain, on Thursday. Photo: Handout
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