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A more than 40 per cent slump in Chinese humanoid robot maker Unitree Robotics since listing has sounded regulatory caution for the industry, with speculation swirling that Beijing may tighten approval of the peer listings. The regulators would heighten scrutiny over humanoid makers seeking initial public offerings (IPOs) on the mainland's exchanges, according to media reports. The sustainability of revenue growth, earnings prospects and applicants' key capabilities of tech innovation would be......

Shares of Guangzhou Automobile Group (GAC) jumped after announcing plans to integrate resources with FAW Group, following Beijing's call for consolidation amid weakening domestic demand. GAC planned to acquire part of FAW's equity in a joint venture vehicle manufacturer through a share issuance and raise supporting funds, the Guangzhou-based carmaker said in an exchange filing on Monday night, after a full-day trading halt. Upon completion, the unlisted FAW would become GAC's second-largest......

Citigroup has appointed veteran banker Sophia Wang as a managing director and head of China financial-institutional sales and senior relationship management (SRM), marking the latest move by the Wall Street lender to deepen its footprint in mainland capital markets despite ongoing geopolitical friction. Wang joined the bank on Tuesday, according to an internal staff memo. Based in Shanghai, she will oversee institutional sales coverage across rates, spread products, foreign exchange, commodities......

China's securities regulator and its industry body are moving to close compensation loopholes for brokerage management and staff, extending anti-corruption oversight to overseas operations for the first time, as Beijing pushes the sector to build world-class investment banks. The Securities Association of China, a self-regulatory body under the supervision of the regulator, recently sent brokerages a revised draft of its rules on “clean practices”, seeking industry feedback by September 29,......

Months after Beijing unveiled a bevy of new tax rules for offshore trusts, the fallout has now reached New York City – home to one of the largest concentrations of mainland Chinese wealth outside Asia – after the changes swept across Hong Kong and Singapore. Under the rules, which took effect on July 24, mainland tax residents who transfer property or shares into an offshore trust – or receive distributions from one – face a 20 per cent tax on realised gains, plus an annual tax on income the......

Researchers from China's leading universities and tech giants are setting their sights on a crucial new front in the AI race with the US: developing systems capable of building better versions of themselves without human intervention. In a joint paper published on Thursday, researchers from ByteDance, Tsinghua University and the Shanghai Artificial Intelligence Laboratory, among others, outlined a five-stage road map for recursive self-improvement (RSI). The study, titled “The Last AI Built by......

Shanghai's bustling riverfront has become the latest testing ground for urban logistics technology, with McDonald's and Chinese food-delivery giant Meituan joining forces to launch the country's first catering brand-exclusive drone-delivery route. Commencing operations last week, the new service allows visitors strolling or exercising along the scenic West Bund area in Shanghai's Xuhui district to have their fast-food orders 'airdropped' directly to designated kiosks, according to a recent......

The outlook for shopping centres in Hong Kong is improving, and the business will thrive if operators use new stores and attractive events to counter locals' fondness for cross-border shopping trips, according to the CEO of Hang Lung Properties. The company's malls recorded growth in July, and business would be “even better” in the fourth quarter owing to a full pipeline of new shops preparing to open, said Weber Lo Wai-pak on the sidelines of an event on Monday. “Hong Kong shopping malls need......

Revenue from inbound travel to China is forecast to reach US$470 billion by 2040, more than doubling its current share of the economy and helping offset weak domestic demand, according to UBS. Tourism from outside mainland China would expand to 1.5 per cent of gross domestic product (GDP) on a compound annual growth rate of 8.9 per cent from 2025, the Swiss investment bank estimated. China's inbound travel revenue would represent 15 per cent of the world tourism market by around 2040, said Chen......

Calls by US tech leaders for a voluntary slowdown in artificial intelligence development have run into sharp pushback from Chinese researchers and state media, who question whether the proposal is a genuine push for responsibility or an effort to entrench America's technological lead. The debate intensified on Monday when OpenAI CEO Sam Altman joined a growing chorus of Silicon Valley leaders demanding industry-wide “pacing”, warning that competitive pressure must not override safety as AI......

Hong Kong's younger generation of tycoons is becoming increasingly active in the city's initial public offering market through family offices and private investments. But their investments extend beyond the property and traditional financial sectors associated with their predecessors, into technology and digital finance. Prominent business leaders Cheng Chi-heng of New World Development and Peter Lee Ka-kit of Henderson Land participated as cornerstone investors in Shenzhen Forms Syntron......

President Xi Jinping promoted China's vision for artificial intelligence (AI) at the annual Brics summit, seeking to win support from the Global South amid tech competition with the US. China would spearhead development of an AI Brics “community”, support cooperation in developing large language models and offer training, Xi said on Sunday in New Delhi. The previous day, he invited Brics nations to join the newly formed World AI Cooperation Organisation. Brics countries must “strengthen......

Shein Global Holdings saw its shares plummet to their lowest level since listing two weeks ago, falling as much as 10 per cent in Hong Kong trading on Monday, slammed by an “underperform” rating from Jefferies and product safety recalls in Australia and New Zealand. Shein closed down 9 per cent to HK$36.40 on Monday, the lowest since its September 1 debut on the Hong Kong stock exchange. The high-profile stock has been on a downward spiral and is now 25 per cent lower than its initial public......

Hong Kong's stock market is facing fresh pressure to accelerate its review of longer trading hours after South Korea's main bourse extended its session by four hours on Monday, according to an industry player. The Korea Exchange, South Korea's bourse operator, launched a real-time after-market from 4pm to 8pm in addition to regular trading from 9am to 3.30pm. It also signalled ambitions to expand to nearly 24-hour trading, following similar plans by Nasdaq and the London Stock Exchange. The......

The shipbuilding and maintenance arm of state-owned marine transport giant China Cosco Shipping has completed initial public offering (IPO) guidance registration, paving the way for a domestic listing to capitalise on a global shipbuilding boom. Cosco Shipping Heavy Industry finished its pre-IPO registration and preparations, according to information released on the China Securities Regulatory Commission website on Saturday. Specialising in cargo and container vessels, the unit offers......

[The content of this article has been produced by our advertising partner.] KUALA LUMPUR, 11 September 2026 — The 8th Asian Captive Conference (ACC) 2026 yesterday brought together more than 300 risk and industry professionals from the region and beyond to explore how captive insurance is enabling businesses to refine their risk management strategy amid an uncertain and multi-faceted operating environment. The conference was co-organised by Labuan IBFC Incorporated Sdn. Bhd. (Labuan IBFC Inc.)......

The coming meeting between Chinese President Xi Jinping and his US counterpart Donald Trump is on the radar of market traders in mainland China and Hong Kong, as the results – whether smiling handshakes or a tense test of wills – could lead to market volatility. However, current market expectations of substantial results from the meeting are so low that investors have so far put the event on the back burner when considering variables that will jolt stocks. Many stock traders are paying less......

British pharmaceutical company GSK is turning to patient data gathered from the 88 million residents of the Greater Bay Area's 11 cities to speed up drug development in vaccines and cancer care, as officials push for closer cross-border medical cooperation. GSK Hong Kong and Macau general manager Nicholas Teo said patient data was very important because it could form “supplementary evidence” to support regulatory filings and potential label expansions, and also help to “discover benefits other......

Weeks after sparking a nationwide outcry over its mass dismissal of recent college graduates, Xingyu – a major automotive lighting maker in eastern China – has severely penalised four of its executives and promised to help the former employees find new jobs. Two of the firm's top executives received salary deductions and two human resources managers were dismissed or demoted for their “misjudgment and hasty decision-making”, the company said in a lengthy statement detailing its recent “mistake”......

Qatar is stepping up efforts to attract Chinese companies as the conflict involving Iran disrupts trade routes in the Gulf, adding urgency to a broader push by Chinese businesses to diversify supply chains and establish operations closer to customers. “Diversification of supply chain is going ahead anyway, right across the world,” said Sheikh Khalifa bin Salman Al Thani, a member of Qatar's ruling Al Thani family and chief executive of Qatar-based logistics solutions company WareOne. Chinese......