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21.04.26 - 07:18
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Outlook for China stocks brightens on capital flows, rebounding home prices (SCMP)
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Chinese stocks are likely to continue the resilience they have shown since the war in the Middle East began, thanks to haven demand for yuan-linked assets, the green shoots of the property market and the inclusion of tech start-ups in key equity gauges, according to fund managers and investment banks.
Optimism about Chinese equities was building after official data showed that home prices in the biggest mainland cities reversed declines and an inflationary trend took hold in March, said money......
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21.04.26 - 04:48
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China bets on RISC-V in global AI race (SCMP)
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Say “open source” and “China” and most people will think of its world-conquering artificial intelligence (AI) large language models. Its open-source computer chips are just as significant.
These chips are based on the RISC-V architecture (pronounced risk-five). At last month's Zhongguancun Forum science festival in Beijing, experts celebrated the establishment in China of a complete RISC-V ecosystem.
Chinese Academy of Sciences (CAS) researchers recently unveiled their latest Xiangshan processor......
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21.04.26 - 03:48
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Chinese circuit-board supplier Victory Giant jumps 57% in Hong Kong share debut (SCMP)
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Victory Giant, a Chinese manufacturer of printed circuit boards (PCBs) for artificial intelligence and high-performance computing, rose by 57.23 per cent in its trading debut in Hong Kong on Tuesday, as investors rushed to tap into surging global demand for the hardware powering the AI infrastructure boom.
Shares in the Guangdong-based company, a supplier to US chip leader Nvidia, opened at HK$330, versus the offer price of HK$209.88 – the maximum offer price. The firm raised HK$20 billion......
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21.04.26 - 03:36
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Hong Kong can advance AI beyond the confines of geopolitical rivalry (SCMP)
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There is a tendency to portray the global artificial intelligence (AI) landscape as consisting of two bitter rivals – China and the United States. The remaining 80 per cent of the world's population, by virtue of their supposed dearth of scale, research and other critical overheads, are purportedly followers with no agency.
The reality is more complex. The emerging global AI order is neither unipolar nor strictly bipolar. Instead, it is characterised by a swathe of middle powers hedging their......
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21.04.26 - 01:30
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Jump in EU EV sales amid Iran war boosts Chinese brands′ fortunes (SCMP)
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European consumers, spooked by rising oil prices due to the Middle East conflict, rushed to buy battery-powered cars last month, with Chinese electric vehicle (EV) brands poised to reap the benefits and give their global expansion a boost.
Battery EV (BEV) registrations, a proxy for retail sales, climbed 51 per cent month on month in March, topping 224,000 units across 15 key European Union (EU) markets, according to data jointly released by research firm New Automotive and industry consortium......
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21.04.26 - 01:06
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Turning point? Clean energy met 100% of world′s new power needs in 2025: report (SCMP)
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As the US-Israel war on Iran raises global concerns about energy security, a new report has found that the clean power sector is rapidly gaining ground and emerging as a solution for nations looking to reduce their reliance on oil and gas imports.
The world passed a significant turning point in 2025 as clean power generation rose faster than global demand for electricity, preventing an increase in fossil fuel generation, according to the study by London-based energy think tank Ember released on......
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20.04.26 - 23:42
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Tim Cook to step down as Apple CEO, handing reins to firm′s hardware leader (SCMP)
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Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign that saw the company's market value soar by more than US$3.6 trillion during an iPhone-fuelled era of prosperity.
Cook, 65, will turn the CEO duties over to Apple's head of hardware engineering, John Ternus, on September 1 while remaining involved with the Cupertino, California, company as executive chairman.
That is similar to the transitions made by Amazon's Jeff Bezos and......
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20.04.26 - 16:01
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China′s Huawei debuts AI glasses to challenge Meta, Alibaba and Rokid in crowded arena (SCMP)
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Huawei Technologies has launched its first artificial intelligence glasses, as the Shenzhen-based tech giant joins an intensifying battle with US leader Meta and domestic peers including Alibaba Group Holding and Rokid in smart eyewear.
Priced from 2,499 yuan (US$367), the new eyewear weighed just 35.5 grams and featured various AI functions ranging from voice interaction to payments, according to a launch event on Monday.
Powered by Huawei's self-developed chip designed for eyewear, the glasses......
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20.04.26 - 15:06
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Chinese tech giants advance robotics push as sector sees rapid growth (SCMP)
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Chinese Big Tech firms from Huawei Technologies' spin-off Honor to Alibaba Group Holding are moving to the forefront of the country's robotics push as Beijing seeks to spur growth in the sector.
Honor, which separated from Huawei in 2020 to focus on smartphones and wearables and only expanded into robotics last year, emerged as the surprise gold medal winner at the second Beijing humanoid half-marathon on Sunday, besting the country's robotics darlings from Unitree to X-Humanoid.
Its Lightning......
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20.04.26 - 14:00
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Hong Kong′s Northern Metropolis gains momentum as key project attracts 8 bids (SCMP)
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Hong Kong's MTR Corporation said on Monday that it had received eight bids for a commercial and residential development at one of the critical hubs in the Northern Metropolis, a large-scale project that aims to bolster the city's economic base and foster closer integration with the Greater Bay Area.
The number of bids for the Kam Sheung Road Station Phase Two property development exceeded expectations, indicating developers' interest in the Northern Metropolis project, according to analysts.
The......
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20.04.26 - 13:00
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Chow Yun-fat nets 91% gain on Hong Kong flat after 31 years as prices rebound (SCMP)
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Chow Yun-fat, the legendary Hong Kong actor, has sold a Mid-Levels flat after more than three decades, securing a roughly 91 per cent gain, as the city's secondary housing market continues to strengthen.
The 541 sq ft, three-bedroom flat in Corona Tower fetched HK$7.5 million (US$960,000), or HK$13,863 per square foot.
The sale agreement was signed on February 11 and the transaction was registered on March 11, according to Land Registry records.
The deal generated a gain of HK$3.58 million......
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20.04.26 - 13:00
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ByteDance profit plunges on AI push as TikTok Shop powers overseas growth: reports (SCMP)
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ByteDance, the parent company of TikTok and Douyin, saw its net profit plummet by more than 70 per cent in 2025 as it poured money into artificial intelligence, according to Chinese media reports.
At the same time, revenue from overseas markets surged by nearly 50 per cent, far outpacing the roughly 20 per cent growth in China, according to reports on Monday by outlets including Securities Times and 36Kr, which cited a person familiar with the matter.
For the first time, overseas revenue......
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20.04.26 - 12:06
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Hong Kong lawmaker swipes at US lack of ′clarity′ as city eyes global crypto lead (SCMP)
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Hong Kong has signalled its ambitions for greater global influence in the digital asset industry, with a lawmaker taking a subtle swipe at US crypto regulatory efforts at one of the city's largest Web3-themed events.
“We can be a little bit more aspirational now that we have a strong hold locally,” said Eric Yip Chee-hang, executive director of intermediaries at the Securities and Futures Commission (SFC). “We should also expand our influence by [increasing] exposure internationally.”
Hong Kong......
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20.04.26 - 10:54
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Hong Kong well positioned to attract global capital amid geopolitical shifts: think tank (SCMP)
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Hong Kong stands to benefit from a potential reallocation of global capital as geopolitical tensions push investors to seek safer and more resilient markets, according to the Financial Services Development Council (FSDC), a government think tank.
Speaking at a media round table on Tuesday, FSDC chairman Benjamin Hung Pi-cheng said the prolonged conflict involving the US, Israel and Iran had reinforced a global environment of “turbulence and volatility”, prompting investors to reassess where to......
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20.04.26 - 10:12
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Lingxi Games′ Three Kingdoms Tactics hits target with global audience (SCMP)
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China's gaming industry is enjoying sustained growth – at home and abroad – in recent years.
The nation's domestic market – the world's largest by revenue – generated sales income last year of more than 350 billion yuan (US$50.7 billion) – a 7.68 per cent year‑on‑year growth, the “Annual Report on the Development of the Digital Gaming Industry in China 2025”, published by the China Audio‑Video and Digital Publishing Association, said. The number of gamers in the country also rose by 1.35 per......
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20.04.26 - 09:30
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Liquid gold? Hong Kong fund pitches whisky as alternative investment (SCMP)
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A Hong Kong whisky investment firm is seeking to raise up to US$50 million for its second private equity-style fund, pitching the spirit as a hedge in volatile markets despite a slump in prices across the industry.
Rickesh Kishnani, co-founder and chairman of Rare Whisky Holdings, said whisky had been gaining traction among wealthy investors seeking alternatives to traditional safe havens. “This is the market where people turn to gold, but we've seen even gold not hold up in terms of......
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20.04.26 - 09:24
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Agentic AI: Bridging the Widening Gap Between Ambition and Execution (SCMP)
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[The content of this article has been produced by our advertising partner.]
AWS recently partnered with Harvard Business Review Analytic Services to understand the current state of agentic AI in organisations.1 The results were exciting and informative: While expectations are high, the path to value at scale has yet to be discovered.
Outlined below is what we found creates the gap between appreciating AI's importance and using it effectively.
The market for AI is exploding, with investments......
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20.04.26 - 07:42
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Orient Securities buyout to create US$85b brokerage as Beijing pushes for consolidation (SCMP)
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Orient Securities' buyout of a smaller rival to create a new entity with at least 580 billion yuan (US$85 billion) in assets is a sign that the government-led consolidation of the brokerage industry is deepening, underscoring Beijing's determination to cultivate bigger investment banks to take on global rivals.
In an exchange statement on Sunday night, Orient Securities said it planned to acquire 100 per cent of Shanghai Securities through the sale of new shares and cash, without disclosing the......
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20.04.26 - 07:18
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China′s Hesai adds colour to lidar as EV makers race to level up in self-driving tech (SCMP)
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Hesai Group, the world's largest maker of vehicle lidar sensors, introduced technology it said would raise autonomous driving features to a new level by detecting colour to improve the reliability of object identification.
The Shanghai-based maker of light detection and ranging sensors said its 6D full-colour platform would deliver lidar sensors with world-leading capabilities in ranging and small-target identification. 6D refers to the sensors' ability to detect the X, Y and Z coordinates of......
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20.04.26 - 04:36
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Hong Kong reasserts role as safe haven in global finance amid Middle East turmoil (SCMP)
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The US-Israeli war on Iran has unleashed sharp swings across global energy and financial markets, fuelling demand for safe-haven assets, with Hong Kong emerging as a potential beneficiary across gold, property and capital markets. In the third of a three-part series, we look at Hong Kong's position as a stable base where demand for property has held firm despite the global turmoil.
The seven-week military conflict in the Middle East will redefine Hong Kong's role as a global financial centre,......
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