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China Business
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China economy
China property
Sunac’s onshore debt deal bodes well for China’s troubled property sector: experts
The deal could ‘provide a viable reference model for other embattled Chinese property developers’.
3 hours ago
Hong Kong stock market
Tech stocks lead Hong Kong decline, threatening 6-day winning streak
1 hour ago
Electric & new energy vehicles
Chinese electronics recycler GEM plans Hong Kong share listing
22 Jan 2025 - 7:30AM
TikTok
Exclusive
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Art of the TikTok deal: China softening to potential app sale, sources say
Beijing could be more open to ByteDance selling some shares to American investors to improve US relations, sources and analysts say.
21 Jan 2025 - 9:50PM
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An iPhone displaying the TikTok page in Apple’s App Store in the US on January 17. Photo: EPA-EFE
Artificial intelligence
Alibaba Cloud rolls out expanded suite of AI models, tools in overseas push
The company’s latest move aligns with its broader strategy to ramp up overseas investments in key markets around the world.
21 Jan 2025 - 7:55PM
Artificial intelligence
Beijing puts spotlight on China’s new face of AI, DeepSeek’s Liang Wenfeng
Liang’s participation at Monday’s meeting with China’s premier reflects start-up DeepSeek’s growing prominence in the AI industry.
21 Jan 2025 - 6:30PM
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ByteDance
ByteDance launches AI code editor overseas amid TikTok ban delay
The Chinese owner of TikTok rolled out the new software targeting overseas Chinese coders after a reprieve from the Trump administration.
21 Jan 2025 - 5:30PM
ByteDance’s office in Singapore on March 6, 2024. The Singapore-based subsidiary Spring (SG) Pte is responsible for distributing the company’s new coding software Trae. Photo: Harvey Kong
Banking & finance
China to allow foreigners to take onshore bonds offshore via repos, derivatives
China is seeking to open up its markets and support Hong Kong’s status as an offshore yuan hub.
21 Jan 2025 - 1:00PM
US-China relations
Trump signs executive order delaying TikTok ban, threatens tariffs if no deal
Trump extends deadline by 75 days, threatening tariffs on China if Beijing does not approve a deal regarding the short-video app.
21 Jan 2025 - 5:05PM
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Hong Kong stock market
Hong Kong stocks rise even as Trump threatens China with tariffs on TikTok deal
US president delays TikTok ban by 75 days and threatens China with tariffs if Beijing does not approve a deal regarding the short-video app.
21 Jan 2025 - 4:38PM
Banking & finance
China’s consumer sentiment nears ‘tipping point’ on stimulus: UBS
Domestic brands and private labels stand to benefit as households save less and spend more, Swiss bank says.
21 Jan 2025 - 1:55PM
A sales clerk works at a clothing store in a shopping mall in Beijing on January 13, 2025. Photo: EPA-EFE
China property
Founder of Chinese developer Zhenro faces action on ‘suspected illegal activities’
Ou Zongrong placed under legal compulsory measures after restructuring support agreement expired, according to holding company.
21 Jan 2025 - 6:00AM
TikTok
TikTok’s shutdown a ‘clever’ move ahead of Trump inauguration, analysts say
TikTok’s ‘theatrical conversion’ appeals to Trump, as the company seeks to improve its reputation and market valuation, according to analysts.
20 Jan 2025 - 9:00PM
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Artificial intelligence
China creates US$8.2 billion AI investment fund amid tightened US trade controls
The fund was established days after the US rolled out new chip export restrictions and placed more Chinese firms on its trade blacklist.
20 Jan 2025 - 7:00PM
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Banking & finance
Chinese regulators show support for markets ahead of Trump’s inauguration
The move is seen by some participants as an effort to boost investor confidence in times of uncertainty.
20 Jan 2025 - 6:59PM
A woman passed the headquarters of the People’s Bank of China in Beijing. Photo: Reuters
Semiconductors
Nvidia CEO Huang thanks China staff for loyalty amid US chip curbs
The American entrepreneur touted Nvidia’s contribution to China’s modernisation on a trip to Beijing.
20 Jan 2025 - 5:00PM
Banking & finance
Hong Kong gets 41% more Chinese, foreign firms with record investments
More companies set up their operations in the city last year, taking non-Hong Kong company registrations to record-high.
20 Jan 2025 - 4:12PM
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China property
Country Garden gets a 4-month reprieve in Hong Kong liquidation
Earlier this month, developer released its first proposal to restructure as much as US$11.6 billion in liabilities.
20 Jan 2025 - 2:36PM
A man rode a scooter past a Country Garden housing complex in Tianjin. Photo: AFP
Hong Kong stock market
Hong Kong stocks rise on positive talks between Trump and Xi
Tech blue chips JD.com, Alibaba and Baidu lead gainers, as investors breathe a sigh of relief on potential thawing of US-China relations.
20 Jan 2025 - 4:47PM
Electric & new energy vehicles
China’s EV sales stumble off the line in 2025, raising profit concerns
Deliveries of electric and plug-in hybrid cars on the mainland fell 50 per cent month on month to 206,000 units in the first 12 days of the year.
19 Jan 2025 - 3:00PM
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Artificial intelligence
AI-driven drug discovery aided by Greater Bay Area integration, firm says
XtalPi says AI is reducing drug discovery times to two years from four.
20 Jan 2025 - 4:55PM
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Macau
Wynn looks to Vegas to help revamp Macau’s US$28 billion casino economy
Macau seeks to source 60 per cent of its revenues from non-gaming sectors by 2028, from 20 per cent at present.
18 Jan 2025 - 10:00AM
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Wynn Macau president and vice chairwoman Linda Chen and non executive chairman Allan Zeman. Illustration by Henry Wong
Honor
Honor brings on Huawei veteran to lead firm as CEO George Zhao Ming resigns
Honor’s leadership shuffle could add some degree of uncertainty to the company’s preparations for an initial public offering.
17 Jan 2025 - 9:24PM
E-commerce
JD.com introduces gifting feature after Alibaba and Tencent
The Beijing-based tech giant has jumped on the latest trend in China’s e-commerce sector: online gifting.
17 Jan 2025 - 6:30PM
Mobile payments
Alipay bears cost of system error that applied discounts to user transactions
The system error applied a 20 per cent ‘government subsidy’ to an undisclosed number of transactions on Thursday, according to users.
17 Jan 2025 - 4:35PM
OPINION
Joseph Chan
,
John Siah
Opinion
|
How Macau’s rise as financial hub opens doors for Hong Kong
7 Jan 2025 - 4:30PM
Zhou Xin
My Take
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China economy: Beijing must make strong preparations for a period of slow growth
31 Dec 2024 - 7:00AM
4
Nancy Qian
Opinion
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How China can achieve its next wave of economic growth
17 Dec 2024 - 6:07AM
7
Nikola Mikovic
Opinion
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Hong Kong and Xinjiang could be the core of Kazakhstan’s China strategy
16 Dec 2024 - 10:53AM
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
|
How China’s fast-transforming economy can avoid painful L-shaped growth
11 Dec 2024 - 2:30PM
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PENANG, MALAYSIA - APR 26, 2018: Alipay expands its market to support retail merchants in Malaysia through a collaboration with MOLPay, the payment gateway for Malaysia and Southeast Asia. Shutterstock Images](https://cdn.i-scmp.com/sites/default/files/styles/1200x800/public/d8/images/canvas/2025/01/17/6bcd60ca-fed1-4d8f-87b0-6d4f14596599_d10ead9b.jpg?itok=_tSOqhNR&v=1737102905)
