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China Business
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China economy
HKEX
SFC, exchange take action against Chinese gaming company FingerTango
SFC, exchange say actions by company and directors resulted in losses of more than US$660 million.
4 hours ago
Smartphones
Apple trails Huawei, Vivo in China smartphone market in 2024
16 Jan 2025 - 7:00PM
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US-China tech war
US blacklists Chinese AI unicorn as tech rivalry escalates
16 Jan 2025 - 3:30PM
Banking & finance
Chinese investment bank CICC cleared to operate in Dubai financial centre
Licence is ‘a big step forward’ for cross-border deals in the United Arab Emirates, CEO of Dubai Financial Services Authority says.
16 Jan 2025 - 12:20PM
A view of the Dubai International Financial Centre. Photo: Shutterstock
Hong Kong stock market
Hong Kong stocks approach 2-week high as rate-cut odds rise on US inflation data
Consumer price index delivers ‘a pleasant surprise’ and suggests ‘gentle easing of persistent inflationary pressures’, investor says.
16 Jan 2025 - 4:25PM
Artificial intelligence
Chinese AI start-up MiniMax intensifies competition with new open-source models
The release, which includes foundational and multimodal models, comes weeks after rival DeepSeek set a new standard with its own open-source models.
16 Jan 2025 - 7:00AM
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Semiconductors
Greater Bay Area’s next-gen chipmakers find ready buyers in Chinese EV industry
Guangzhou’s Nansha district is attracting companies specialising in silicon carbide semiconductors, as they look to capitalise on regional integration.
15 Jan 2025 - 8:04PM
David Xiao Guowei, chairman of AscenPower Semiconductors, speaks during a panel discussion at the South China Morning Post’s China Conference in Guangzhou on Wednesday. Photo: Nora Tam
Semiconductors
Cambricon, China’s answer to Nvidia, predicts first quarterly profit
The Chinese investors’ darling of 2024 is one of the nation’s best hopes in developing home-grown advanced graphics processors.
15 Jan 2025 - 6:30PM
Video gaming
Tencent, Guillemot family consider creating new venture involving Ubisoft assets
Tencent and the Guillemot family are evaluating which assets to include in the new entity.
15 Jan 2025 - 6:16PM
China property
Slew of indebted Chinese developers face reckoning in Hong Kong courts
Sunac and Shimao have received new liquidation petitions, while Country Garden and Times China face court hearings this month.
15 Jan 2025 - 4:00PM
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Banking & finance
Hong Kong should seize role in clean-energy commodities, think tank says
Commodities market would ‘create a new growth point for Hong Kong’s economy’, report from Better Hong Kong Foundation says.
15 Jan 2025 - 4:47PM
An aerial photo taken on September 2, 2024 shows the fourth phase of the Chinese-built Mohammed bin Rashid Al Maktoum Solar Park in Dubai, United Arab Emirates. Photo: Xinhua
IPO
Hong Kong IPOs excite funds, bankers as jumbo deals return, CICC says
Foshan Haitian Flavouring, CATL are among mainland industry leaders planning billion-dollar IPOs as China deepens market connectivity.
15 Jan 2025 - 4:51PM
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Hong Kong stock market
Hong Kong stocks edge up before key economic data from US and China
US December inflation data is due Wednesday night, while China is scheduled to disclose fourth-quarter economic growth on Friday.
15 Jan 2025 - 4:22PM
TikTok
China’s TikTok sellers eye Amazon and Shein as US ban looms
Cross-border merchants in China are bracing for an impending ban on TikTok in the US.
14 Jan 2025 - 9:00PM
Alibaba
Chinese firms face harsh reality amid geopolitical tensions: Alibaba co-founder
Current geopolitical environment is the most unfriendly ever, Alibaba co-founder and chairman says.
14 Jan 2025 - 8:33PM
Alibaba Group Holding chairman Joe Tsai speaks at the Asian Financial Forum in Hong Kong on Tuesday. Photo: Jonathan Wong
Electric & new energy vehicles
China’s WeRide starts third European self-driving trial in Switzerland
Company is stepping up efforts in Southeast Asia, the Middle East, Europe, Japan and South Korea, CEO Tony Han says.
14 Jan 2025 - 5:00PM
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Semiconductors
Nvidia CEO to visit China amid antitrust probe, US AI curbs
Jensen Huang is set to tour the mainland Chinese cities of Shenzhen, Shanghai and Beijing, before flying to Taipei later this week.
14 Jan 2025 - 2:24PM
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Hong Kong stock market
Hong Kong stocks rise from 4-month low as China regulator vows stability
Hang Seng Index snaps six-day losing streak after CSRC says every effort will be made to maintain market momentum.
14 Jan 2025 - 4:23PM
A view of the China Securities Regulatory Commission (CSRC) office building in Beijing. Photo: Simon Song
US-China tech war
Chinese tech firms face curbs on overseas expansion under Trump 2.0: UBS analyst
Chinese companies will continue international push amid slowing growth at home, but face greater risks, UBS analyst Kenneth Fong says.
14 Jan 2025 - 8:00AM
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US-China relations
US plans to increase oversight of ‘de minimis’ exemption for low-value imports
New rule would help customs agents deal with over 4 million shipments that arrive daily, with nearly half estimated to originate in China.
14 Jan 2025 - 5:54AM
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Artificial intelligence
Nvidia scientist praises Chinese humanoid robot, stoking interest
Shenzhen-based Engine AI hopes to capitalise on new-found interest in its human-shaped robots by lowering prices amid intense industry competition.
13 Jan 2025 - 9:00PM
OPINION
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China economy: Beijing must make strong preparations for a period of slow growth
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How China can achieve its next wave of economic growth
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Nikola Mikovic
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Hong Kong and Xinjiang could be the core of Kazakhstan’s China strategy
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Huang Yiping
Opinion
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3 challenges for China’s economic growth in 2025
12 Dec 2024 - 2:30PM
Prof Zhang Jun
Opinion
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How China’s fast-transforming economy can avoid painful L-shaped growth
11 Dec 2024 - 2:30PM
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