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Hangzhou, a major city, eastern China, has withdrawn price restrictions for homes built on newly acquired land in the metropolis. Photo: Shutterstock

China property: stabilisation effort gains pace in Hangzhou, Chengdu

Zhejiang province’s capital lifts price restrictions for homes built on newly acquired land and cuts initial payments for new and used homes.

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China’s AI start-ups eye fresh opportunities after OpenAI previews latest LLM

Geely piles pressure on Tesla as China’s EV discount war intensifies

Hong Kong’s Wong takes Nakashima to brink before exiting Hangzhou Open

Hongkonger wins first set and has two match points before world No 39 American pulls away to win the deciding set.

Hong Kong qualifier Coleman Wong almost won the second-round match in straight sets before fading away in the decider. Photo: Edmond So

Hong Kong’s Wong through to Hangzhou Open 2nd round after China’s Wu retires hurt

In what had been billed as their Asian Games rematch, Wong won the first set 6-3 before Wu cried off with what looked like a low-back injury.

Hong Kong’s Wong, China’s Wu in Asian Games rematch at ATP Tour event in Hangzhou

The pair played out a memorable match last year in the Zhejiang capital, in what was arguably the biggest victory of Wong’s career so far.

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Jack Ma calls on Alibaba to remain steadfast, ‘believe in the future’

To mark the 25th anniversary of Alibaba’s founding, Ma called on all employees to overcome competitive pressure, despite various challenges.

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Alibaba Group Holding founder Jack Ma says the company is made of “an idealistic spirit”. Photo: Handout

Ant Group to hold new round of dividend payments to shareholders

This would mark the third round of dividend payments by Ant Group, following two previous rounds in December and March 2022.

China’s chip industry becomes key breeding ground for unicorns

As start-up funding dwindles, investments are concentrated in a few unicorns, such as those in the integrated circuit sector.

SHKP gears up for rate cuts with slew of Hong Kong property projects

Hong Kong’s largest developer by market cap posted a 20 per cent drop in net profit to HK$19.04 billion (US$2.44 billion) for the year ended June.

Sun Hung Kai Properties is gearing up to launch a number of projects in Hong Kong and the mainland. Photo: Roy Issa

Shanghai bets on live-streaming economy to boost consumption

Under a three-year plan, the local sector should generate nearly US$85 billion in online sales by 2026.

Shanghai aims to boost its live-streaming economy. Photo: EPA-EFE

In China, hybrid cars beat EVs in popularity on range anxiety, costs

Hybrid cars are cheaper and more efficient, reasons why Chinese consumers are favouring them over pure electric cars. Range anxiety and cost issues are deemed challenging for young drivers.

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Goodbye slow boat to China: Alibaba logistics arm launches next-day delivery

Through a new route from the Hong Kong airport to Zhuhai, online purchases can reach buyers in Shanghai, Zhejiang and Jiangsu as fast as one day.

China’s ambitions in humanoid robots in full display at expo

Chinese robot manufacturers are hoping to repeat the country’s global success in smartphones and electric vehicles

Hangzhou-based Deep Robotics debuts its bipedal humanoid robot Dr.01 at the World Robotics Conference, taking place from August 21 to 25 in Beijing. Photo: Handout

Alibaba gains as it swaps Hong Kong listing status to tap China funds

Alibaba, one of China’s largest technology behemoths with HK$1.58 trillion (US$202.7 billion) in value, would be very likely to make the cut, clearing the way for mainland investors to take their first bite on September 9.

The logo of Chinese technology firm Alibaba is seen at its office in Beijing on August 10, 2021. Photo: AP

Guosen plans to buy Vanho, heeding China’s call to combine brokers

Shenzhen’s regulator of state-owned assets pushes move under Beijing’s effort to create bigger firms to compete with global leaders.

Speed of China’s US$42 billion plan to buy up unsold homes ‘disappointing’

Only about five cities have made purchases so far, according to a China Real Estate Information Corporation (CRIC) report.

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China chip design expert warns of losses due to industry overcrowding

President of integrated circuit design at the China Semiconductor Industry Association says that large swathes of the domestic chip industry would end up in the red this year.

China chip design expert warns of losses due to industry overcrowding. Photo: Reuters

China’s AI talent in short supply amid surging demand triggered by ChatGPT race

For every five new jobs in artificial intelligence in China, there are only two qualified workers available, a sign of the serious shortage of talent in the hot sector, according to a new report.

Medals, venues, events: a visual guide to Asian Games 2023 in China

China's eastern city of Hangzhou will host the largest Asian Games ever from September 2 until October 8, 2023.  During 15 days of competition, nearly 12,000 athletes from 45 nations and territories will compete for 481 gold medals.

Chinese province offers chip industry financial aid to counter US sanctions blow

China’s eastern Jiangsu province will offer subsidies and financial support to cover research, equipment purchase, chip design, packaging and production.

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Taiwan Semiconductor Manufacturing Co’s factory in Nanjing, capital of eastern Jiangsu province. The local government has unveiled a policy document to support the local chip industry. Photo: Agence France-Presse

China’s late leader Jiang Zemin evaluating his career in 2009

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Alibaba’s hometown, Hangzhou, to subsidise e-commerce industry

The city will establish support mechanisms to help e-commerce enterprises in a variety of areas, including finance, talent and logistics.

China rules NFT marketplace accountable for art theft by user

The court decided that the platform failed to check whether the user who created the NFT was the rightful owner of the artwork.

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A visitor observes NFT works at an exhibition in Yogyakarta, Indonesia. A Chinese court recently ruled on a case regarding NFT art theft. Photo: AFP
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Hangzhou
The latest news, analysis and opinion on Hangzhou. In-depth analysis, industry insights and expert opinion.
Head of Government
Party Secretary of Hangzhou Liu Jie
last updated:
25 September, 2024
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