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Hong Kong Exchanges and Clearing (HKEX), which operates Asia's third-largest stock exchange, reported record high annual profit for the second straight year, thanks to higher market turnover and robust listing activity, it said in a stock exchange filing on Thursday. Net profit in 2025 increased 36 per cent to HK$17.75 billion (US$2.28 billion), or HK$14.05 per share, from HK$13 billion a year earlier, which was also a record. The result beat market expectations of HK$17.44 billion. The bourse......

Schneider Electric, a French multinational energy technology company, established Hong Kong as one of its global hubs. From the city, it is helping integrate electrification, automation and digital intelligence across buildings, infrastructure and transport systems. “Hong Kong's location at the heart of Asia, combined with its advanced infrastructure, digital maturity and globally experienced talent pool, provides a strong foundation for a scalable innovation ecosystem,” says Jonathan Chiu,......

Chinese tech giant Huawei Technologies has joined hands with US companies OpenAI and Google to advance global open-source standards in the rapidly advancing field of agentic artificial intelligence. The development marks a rare collaboration between a US-sanctioned Chinese heavyweight and its US counterparts in global AI standards setting amid US-China geopolitical and tech competition. On Tuesday, the Agentic AI Foundation (AAIF) announced Huawei as one of 97 new members joining its ranks,......

Hong Kong stocks rose for a second day as strong results from US chip giant Nvidia rekindled confidence in the artificial intelligence trade. The Hang Seng Index rose 0.3 per cent to 26,839.86 as of 9.49am on Thursday. The Hang Seng Tech Index dropped 0.7 per cent. On the mainland, the CSI 300 Index slid 0.3 per cent and the Shanghai Composite Index retreated 0.2 per cent. Insurer AIA Group gained 3.1 per cent to HK$87.10 and CK Hutchison Holdings added 2.8 per cent to HK$47.98. Hong Kong......

Nvidia has yet to generate any revenue from its H200 chips in China and does not know if any sales will be allowed in the country, the company said, even as the US chip giant reported record quarterly revenue on surging demand for data centre processors. While the Santa Clara-based tech giant remains the primary beneficiary of the global generative artificial intelligence boom, its ability to navigate the US-China tech war has become a challenge, with the pipeline for the H200 – Nvidia's......

A consortium comprising CK Infrastructure Holdings, CK Asset Holdings and Power Assets Holdings has agreed to sell all of its interest in UK Power Networks to French multinational electric utility Engie in a deal worth £10.5 billion (US$14.2 billion). The disposal, under an agreement signed on Wednesday, will enable the group to monetise its investment at an attractive valuation, delivering a significant accounting gain and cash proceeds for future investments or acquisitions, the group of......

During the Chinese New Year holiday, Katty Mao struggled to find buyers for 500 “investment-grade” copper bars she bought in January, when soaring gold and silver prices made the 1kg chunks of polished metal seem like a promising investment. “I know it was a bet,” said Mao, who paid 160 yuan (US$23) each for the bars. “But the fear of missing out outweighed [any concerns].” Over the past two weeks, the advice Mao heard most often was to sell her bars to a scrap-metal dealer. The resident of......

SJ Semiconductor, a key player in China's advanced chip packaging sector, has received approval to list on Shanghai's Nasdaq-style Star Market on Tuesday, marking a fresh step in the country's push for semiconductor self-reliance amid US restrictions. Its planned initial public offering (IPO) marks a significant milestone for China's chipmaking industry, as Beijing pivots towards the high-stakes field of advanced packaging. The move also reflects how companies across China's semiconductor supply......

South Korean retail investors, known for their aggressive trading style, are ramping up exposure to Chinese artificial intelligence-related stocks, even as their home market ranks among the world's top performers. Data from SEIBro, a portal operated by the Korea Securities Depository, showed that South Korean retail investors bought US$507 million worth of Hong Kong-listed shares and US$154 million of mainland-listed shares between January 2 and Monday. The data showed that total purchases had......

Hong Kong is aiming to sharpen its competitive edge as an offshore yuan hub, an asset and wealth management base, and a digital-asset front runner under Financial Secretary Paul Chan Mo-po's budget released on Wednesday. Market participants largely welcomed Hong Kong's renewed push to strengthen its position as an international financial centre, after Chan highlighted the city's unique role in driving the yuan's internationalisation and capital account opening. The initiative comes as Beijing......

US private equity firm General Atlantic is selling an equity stake in TikTok owner ByteDance in a deal that raises its valuation of the private Chinese company to US$550 billion, Reuters reported on Wednesday, citing two unnamed sources. The deal, still pending, confirms a previous report by the South China Morning Post in December that ByteDance's valuation had surged to US$500 billion on the private market, up from US$400 billion as recently as the second quarter of 2025. General Atlantic......

Hong Kong will consider shortening the settlement cycle of stock trading to one day after the transaction as well as attracting more international firms to have secondary listings in the city to strengthen the city's status as an international financial centre, according to Financial Secretary Paul Chan Mo-po's budget speech on Wednesday. Chan said bourse operator, the Hong Kong Exchanges and Clearing (HKEX), in the first half of this year would make proposals in a market consultation on how to......

Chinese open-source artificial intelligence models, led by those from MiniMax AI and Moonshot AI, have topped global token usage, ending a year of market dominance for US developers, according to data from OpenRouter. Online AI hosting platform OpenRouter's latest ranking reflected the increased international demand for Chinese open-source models on its site following a series of new releases. Launched around two weeks ago, the M2.5 from Shanghai-based MiniMax emerged as the most popular AI......

Hong Kong's lived-in home prices opened the year with a 0.53 per cent month-on-month gain in January, according to official data, sustaining a recovery that began in the second quarter of 2025. Rents in the city, meanwhile, continued to rise, surging by 0.3 per cent from a month earlier to set another peak, according to data released on Wednesday by the Rating and Valuation Department. With the latest increment, the city's second-hand home prices officially stood at 301.4, its highest since......

Shanghai has further relaxed home purchase rules just six months after the last adjustment, in its latest attempt to stem a multi-year property downturn. Non-residents who have made social security contributions or paid individual income tax for one year will be eligible to buy one home in the city, Shanghai authorities said in a joint statement. Previously, non-residents had to wait three years based on a policy announcement last August, easing a five-year mandate introduced in 2016 to cool an......

Dividend payouts by the world's largest listed companies climbed to a record US$2.09 trillion last year, driven by financial and technology firms as companies returned more cash to shareholders, according to US asset manager Capital Group. Global dividends paid by the 1,600 publicly traded companies tracked by Capital Group rose 7 per cent year on year in 2025, according to a report released on Wednesday by the asset manager, which oversees US$3.3 trillion in assets. So-called core dividends –......

Xiaomi is doubling down on its five-year plan for core technologies including chips, artificial intelligence and operating systems, aiming to position itself as a deep-tech player amid China's self-reliance push, while peers such as Li Auto and Xpeng accelerate moves into humanoid robotics. Lei Jun, founder, chairman and CEO of the Beijing-based smartphone and electric vehicle giant, on Tuesday said private technology firms must deepen investment in core technologies and speed up the......

The risk of an artificial intelligence bubble has, for the first time, become the top concern among credit investors, overshadowing geopolitical worries, according to a Bank of America (BofA) survey. In a February survey of investment-grade clients who buy and sell debt, 23 per cent said the threat of an AI bubble was now their top concern, up from 9 per cent in December, according to BofA strategists Barnaby Martin and Ioannis Angelakis and analyst Mohit Agarwalla. “AI bubble is now seen as the......

HSBC Holdings, the largest banking group in Europe and Hong Kong by assets, on Wednesday reported a 7 per cent decline in profit last year, as bad debt in commercial property and lawsuits related to the Bernard Madoff fraud case offset strong growth in its wealth business. Pre-tax profit in 2025 dropped to US$29.9 billion from US$32.3 billion a year earlier, or US$1.21 per share, the lender said in a filing to the Hong Kong stock exchange. The result was higher than analysts' estimate of......

[The content of this article has been produced by our advertising partner.] HONG KONG, February 25, 2026 — As the global race to bridge traditional finance with the digital economy intensifies, HashKey Group (Stock Code: 3887.HK), Asia's leading digital asset financial infrastructure provider, has announced the launch of its Real-World Asset (RWA) One-Stop Issuance Solution. The move is a strategic response to the Hong Kong Digital Asset Development Policy Declaration 2.0 and aligns with the......