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Chinese chip designers from Cambricon Technologies and Moore Threads Technology to MetaX Integrated Circuits posted stellar earnings on Friday, driven by growing demand for domestic semiconductors amid Beijing's tech-sufficiency push. Beijing-based Cambricon, seen as a local alternative to US chip giant Nvidia, reported a net profit of 2.06 billion yuan (US$301 million) for 2025, its first full-year profit since listing in 2020, according to a filing to the Shanghai Stock Exchange. Revenue for......

A US trade panel investigating a patent dispute between GoPro and Chinese rival Insta360 found a violation involving design applied to outdated cameras of the Chinese firm, effectively allowing it to remain in the US market without any restrictions. The case centred on six patents held by GoPro. The US International Trade Commission (ITC) on Thursday determined violation of one patent relating to camera design, and issued orders “prohibiting the unlicensed importation by Insta360 of certain......

Major Hong Kong developer Sino Land posted a steady net profit for the six months ended December, propped up by early gains from a recovery in the city's residential property market. Sino Land reported a net profit of HK$2.22 billion (US$284 million) in the first half of its current financial year – excluding revaluation losses on investment properties – that was slightly down from HK$2.24 billion a year earlier, according to its Hong Kong stock exchange filing on Friday. The company's revenue......

New World Development (NWD) posted a net loss of HK$3.73 billion (US$477 million) for the first half of fiscal 2026, as the developer prioritised deleveraging despite a pickup in Hong Kong home sales. The company said the loss narrowed 44 per cent year on year for the six months ended December 31, as one-off losses on investment properties eased and financing costs and tax expenses related to mainland projects declined, according to a Hong Kong stock exchange filing on Friday. Dividend payments......

Semiconductor designer Moore Threads Technology has achieved full-stack compatibility between its flagship MTT S5000 graphics processing unit (GPU) and Alibaba Cloud's Qwen3.5-series artificial intelligence models, as China's tech self-reliance efforts gather pace. Beijing-based Moore Threads, founded by former Nvidia executive James Zhang Jianzhong, on Thursday said the firm's flagship AI chip was now compatible with the three new models under the latest Qwen series – Qwen3.5-35B-A3B,......

At Pop Mart's shop in Hong Kong's bustling Causeway Bay shopping district, a display of the toymaker's newly launched character, Merodi, drew little attention on Friday morning. “A few people are buying it,” a salesperson said. “It's not very well known yet.” The new series, Merodi After School, features a mischievous little girl with the magical ability to talk to animals. It was created by Taiwanese artist Will Chen Wei-hua. The launch came two months after Pop Mart's previous debut,......

Edwin Leong Siu-hung, chairman of Tai Hung Fai Enterprise Group and long dubbed Hong Kong's “king of shops”, has sold a flat in the ultra-exclusive Mount Nicholson enclave on The Peak, saying weak rental returns did not make it worthwhile to hold the property any longer. Land Registry records showed Leong sold the 4,566 sq ft four-bedroom flat for HK$323 million (US$41.3 million), or about HK$70,740 per square foot. He bought the property in 2016 for about HK$312 million. While the selling price......

Chinese stocks are emerging as a potential refuge for global investors seeking to steer clear of volatility tied to artificial intelligence trades, as policy support remains firm and signs of reflation begin to surface, according to global investment banks. A proprietary sentiment gauge tracking China's yuan-denominated shares had improved over the past two weeks, Morgan Stanley said. The measure, compiled from 12 indicators including turnover, margin balances and foreign passive fund inflows,......

German Chancellor Friedrich Merz visited China's eastern tech hub of Hangzhou on Thursday and met leading figures including those from Alibaba Group Holding and Unitree Robotics, signalling growing international recognition of the country's robotics and artificial intelligence technologies. Merz had lunch and took group photos with local entrepreneurs, including Alibaba CEO Eddie Wu Yongming and Unitree founder and CEO Wang Xingxing, according to a social media account run by Chinese state......

With domestic profits narrowing and production capacity expanding, China's firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.'s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. It is the middle of the night in Dongguan, one of China's biggest export hubs, but Peng Biao is still editing videos. In the footage, a factory owner from the city......

Hong Kong stocks headed for a monthly decline as jitters about artificial intelligence's potential disruption to traditional industries continued to weigh on investor sentiment. The Hang Seng Index rose 0.6 per cent to 26,545.09 as of 9.45am on Friday. For the month, the benchmark has dropped 3.2 per cent, the steepest since October. The Hang Seng Tech Index gained 0.9 per cent. On the mainland, the CSI 300 Index slipped 0.4 per cent and the Shanghai Composite Index retreated 0.1 per cent. Sun......

The increase in stamp duty on ultra-luxury homes above HK$100 million (US$12.8 million) is unlikely to change buying behaviour, analysts said, as the structural forces underpinning demand from mainland Chinese buyers could outweigh the impact of the rise in transaction costs. The Hong Kong government, in the annual budget on Wednesday, increased the tax rate on residential transactions above HK$100 million to 6.5 per cent from 4.25 per cent amid a surge in demand for high-end property from......

Huawei Technologies is aiming for a major international comeback, with the overseas release of its latest flagship smartphone, the Mate 80 Pro, alongside a new smartwatch and the addition of a “wheelchair mode” to its wearable devices. Powered by the company's self-designed, China-made Kirin 9030 Pro processor, the overseas version of its Mate 80 Pro handsets will run on the Android-based EMUI 15 operating system, Huawei announced at a launch event in Madrid, Spain, on Thursday. While the......

[The content of this article has been produced by our advertising partner.] Hong Kong's trade promotion body has opened applications for the 2026 edition of its Start-up Express programme, as efforts are stepped up to help local tech ventures break into overseas markets and secure commercial partnerships. Organised by the Hong Kong Trade Development Council (HKTDC), Start-up Express is positioned as a curated development scheme for early-stage companies offering innovative and tech-driven......

[The content of this article has been produced by our advertising partner.] The recent rout in software stocks has felt like a final reckoning. As Anthropic's industry-specific plug-ins dismantle traditional workflows, the "Software Apocalypse" is no longer a hyperbolic headline—it's a market filter. For legacy SaaS, the AI era was promised as a tailwind; instead, for many, it has become an existential wall. In the shadow of these falling multiples, a new class of "AI-resilient" companies is......

Baidu founder, CEO and chairman Robin Li Yanhong touted the performance and potential of artificial intelligence chips developed by its Kunlunxin semiconductor design unit during the fourth-quarter earnings call, offering a rare bright spot in an otherwise lacklustre quarter. “We're proud to see the market increasingly recognise [Kunlunxin chips'] value and proven performance,” Li said on Thursday. The Kunlunxin chips are built on a proprietary architecture and deliver “stable, high-performance......

Meta Platforms is moving forward with integrating the newly acquired artificial intelligence agent start-up Manus, according to two sources, despite Beijing's probe into the US$2 billion deal. Some members of the Manus team in Singapore had moved into Facebook parent Meta's offices and were granted Meta corporate accounts and other access, one of the sources said. Meta was also offering its employees the opportunity to transfer to Manus, preferring Chinese-speaking staff, a second source......

JD.com is making a renewed push into its online supermarket business with a subsidy programme worth more than 20 billion yuan (US$2.9 billion) over three years, a move aimed at defending its position in China's e-commerce and on-demand grocery sectors. In a statement on Thursday, JD.com said the subsidy would cover products on a dedicated channel called “Billion-Yuan Supermarket”, under its JD Supermarket service. The aim was to help vendors generate an additional 200 billion yuan in sales over......

The value of collateral assets used by banks for commercial property loans is expected to continue declining in 2026, according to S&P Global Ratings, as the sector has yet to find a clear bottom. “More collateral pain is likely this year for Hong Kong banks,” the credit rating agency said in a report published on Thursday, adding that a subset of small banks could face more acute strain. That assessment comes as Hong Kong's commercial property market remains on a sustained downturn that started......

Sun Hung Kai Properties' (SHKP), Hong Kong's largest developer by market capitalisation, reported a 36.2 per cent year-on-year jump in first-half net profit to HK$10.25 billion (US$1.3 billion). Revenue rose 32 per cent to HK$52.7 billion for the six months ended December from a year earlier, while operating income increased 10.7 per cent to HK$13.4 billion, the developer said in a filing to the Hong Kong stock exchange on Thursday. Underlying profit, which discounts property revaluations,......