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09.03.26 - 10:48
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Investment firms remain upbeat on deals despite geopolitical tensions, bankers say (SCMP)
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Private equity and other investment firms remain broadly optimistic about deploying capital in acquisitions and initial public offerings (IPOs) globally, supported by ample dry powder and diversification efforts while keeping a close eye on geopolitics, according to senior investment bankers.
As geopolitical uncertainty had become a constant factor in the global market in recent years, “we are broadly optimistic about the opportunities”, Ashu Khullar, head of global asset managers at Citigroup,......
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09.03.26 - 08:36
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Oil above US$100 may persist as Goldman warns rally not over (SCMP)
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Crude oil's surge above US$100 a barrel could last longer than expected, reshaping investors' outlook for the global economy and injecting fresh volatility into risk assets as military tensions in the Middle East show no sign of easing, according to analysts.
Brent crude jumped 23 per cent to US$114.14 a barrel in London on Monday, while West Texas Intermediate (WTI) rose 24 per cent to US$113.11. Traders are increasingly pricing in a prolonged supply disruption after Iran closed the Strait of......
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09.03.26 - 07:18
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Hong Kong tycoon Adrian Cheng doubles down on tech in step with China′s 5-year plan (SCMP)
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Adrian Cheng Chi-kong, former heir apparent to Hong Kong property giant New World Development (NWD), plans to spend more time in mainland China and increase his tech investments this year, with a focus on a range of sectors from artificial intelligence to aerospace, echoing China's latest five-year plan.
“If our country can realise [the 15th five-year plan], we would be stable and secure, and our future will definitely be promising,” Cheng, who is a member of the Chinese People's Political......
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09.03.26 - 04:54
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Hong Kong′s IPO pace picks up as 2 mainland Chinese firms get listing approval (SCMP)
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Semiconductor display manufacturer Everdisplay Optronics (Shanghai) and robotics firm Zhejiang Galaxis Technology Group have received approval to list in Hong Kong, marking steady progress in the city's nearly 500-strong listings pipeline.
The two mainland Chinese companies published their post-hearing information packs on the Hong Kong stock exchange on Sunday, as the initial public offering (IPO) market in the city gathers pace once again after the Chinese New Year holiday. Neither firm......
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09.03.26 - 03:18
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Hong Kong stocks sink alongside Asian markets after oil crosses US$100 (SCMP)
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Hong Kong stocks slumped on Monday, tracking the slide across Asia-Pacific markets, after crude oil crossed US$100 a barrel, as the conflict in the Middle East continues to worsen, stoking inflation and growth concerns in oil-dependent countries.
Over the weekend, Israeli air strikes targeted Iranian oil storage depots and energy infrastructure, further escalating supply disruption fears. Since the war broke out on February 28, Iran has virtually shut the Strait of Hormuz, a chokepoint through......
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09.03.26 - 02:36
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Hong Kong developers test home-market recovery by raising prices, trimming discounts (SCMP)
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Developers in Hong Kong are testing the housing market's recovery by nudging prices up or paring discounts as improving sentiment and a rebound in transactions boost confidence in the city's property sector.
But analysts said the moves remained uneven, with many newly launched projects still offering sizeable concessions as developers continued to prioritise clearing unsold inventory accumulated during the market downturn.
New World Development plans to cut the discount offered under the 120-day......
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09.03.26 - 01:18
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Why HKEX′s board lot reform could pose challenges for HSBC and others (SCMP)
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HSBC Holdings, Xiaomi, AIA, Pop Mart International, Tsingtao Brewery and others are among about 650 listed companies that may need to change their trading unit under proposed reforms by bourse operator Hong Kong Exchanges and Clearing (HKEX).
Market participants generally support the reform as it would bring Hong Kong's stock market trading in line with international practices and allow retail investors to more easily trade a wider range of stocks, but they also warn of challenges in......
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09.03.26 - 00:36
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HSBC Hong Kong CEO sees global tensions, China tech growth drawing wealth to city (SCMP)
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Escalating geopolitical tensions and the rapid growth of Chinese technology companies are prompting international investors to shift more assets to Hong Kong, according to the head of HSBC's local unit.
The trend is benefiting the bank's wealth management business. HSBC had added nearly 2 million new individual customers in the city over the past two years, bringing its total customer base in Hong Kong to about 7 million, said Maggie Ng, CEO of HSBC Hong Kong, in her first media interview since......
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08.03.26 - 22:30
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Why Hong Kong could be the next global hub for gold trading (SCMP)
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China's push to position Hong Kong as a global gold trading hub is not merely a commodities story. It is a strategic play unfolding at a time when the architecture of global finance is fragmenting and questions of monetary sovereignty are returning to the forefront.
Recent reporting has highlighted Beijing's efforts to strengthen Hong Kong's role in international gold trading as part of a broader bid for market influence. Behind the move lies the ambition to reshape pricing power and the......
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08.03.26 - 17:00
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Vendor Insight Report: AWS recognized for AI investment, operational expertise, and customer commitment (SCMP)
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[The content of this article has been produced by our advertising partner.]
Gartner has recently published its “Vendor Insight Report: Amazon Web Services.” This comprehensive analysis authored by industry experts Jim Hare, Lydia Leong, Ed Anderson, and Dolores Ianni helps Chief Information Officers (CIOs) evaluate strategic investments in complex IT vendors. The Vendor Insight Report complements other Gartner market and product research with a high-level overview of select vendors and their top......
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08.03.26 - 15:01
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OpenClaw fever: why is China rushing to ′raise a lobster′? (SCMP)
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As global concern rises over artificial intelligence and the potential for AI agents to disrupt lives and industries, people in southern China are rushing to embrace the technology even as privacy concerns intensify.
On Friday, nearly 1,000 people lined up outside Chinese tech giant Tencent Holdings' Shenzhen headquarters to install OpenClaw – a popular open-source AI agent software – on their computers.
The crowd, a mix of amateur developers, retired space engineers, housewives, students and AI......
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08.03.26 - 11:30
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China warns of fresh chip crisis as Nexperia dispute flares up (SCMP)
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China's commerce ministry warned that the “Dutch side” should be held accountable if the latest dispute between Nexperia and its Chinese subsidiary triggers another global chip supply crisis, adding to concerns over further worldwide disruption.
“Nexperia's [latest] action has seriously disrupted the company's normal production and operations,” a ministry spokesperson said in a press conference on Saturday. “If this again triggers a global semiconductor supply chain crisis, the Dutch side must......
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08.03.26 - 05:01
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Middle East crisis, global memory crunch dim AI smartphone buzz at MWC 2026 (SCMP)
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The mobile industry buzzed with excitement over the artificial intelligence revolution showcased at MWC Barcelona 2026, but the optimism was overshadowed by the Middle East crisis and a memory crunch that could reshape the global smartphone supply chain.
The AI showcase drew a large crowd, including King Felipe VI of Spain, to the booth of Chinese smartphone maker Honor, which displayed its “Robot Phone” with a built-in camera gimbal designed to become a companion to users.
“This brings a......
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08.03.26 - 04:32
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From oil to saffron: how US-Iran conflict is rattling Chinese investors (SCMP)
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The supply of oil and other essential commodities may be grabbing the headlines as the US-Iran conflict escalates, but the ripple effects are being felt far beyond energy markets – all the way to the global supply of the saffron used in footbath packs and heat patches.
Chinese retail investors have been peppering listed companies with questions about how disruptions tied to the conflict could affect everything from fertiliser imports to the pharmaceutical products containing the prized......
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08.03.26 - 02:31
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Trump′s Fed pick stokes uncertainty as investors weigh hawkish past with ′pro-growth′ pivot (SCMP)
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US President Donald Trump's nomination of Kevin Warsh to head the Federal Reserve is likely to add more volatility to global financial markets, as his historical stance against financial easing could complicate the Fed's decision-making in terms of monetary easing, according to analysts.
The White House nomination came a month after Trump said the former Fed governor, who opposed rate cuts during the 2008 global financial crisis, would be his choice to succeed Jerome Powell, whose chair term......
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08.03.26 - 01:36
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China′s shoppers head for suburban outlets, a bright spot in retail property (SCMP)
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For Steven Zhou, a 40-year-old Beijing office worker, suburban outlet stores offer a better shopping experience than urban malls, allowing him to escape the city, park his car without frustration and, most importantly, find good deals.
“Outlets offer a wide selection of brands, with attractive discounts, especially on sportswear,” Zhou said.
Across the mainland, outlets are expanding while traditional and luxury malls face high vacancy rates. Offering well-known brands at discounted prices,......
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07.03.26 - 08:42
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ZTE′s computing revenue jumps 150% amid AI boom, but profits fall 33% (SCMP)
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China's telecom and computing equipment maker ZTE on Friday reported revenue of 134 billion yuan (US$19 billion) in 2025, up 10.4 per cent, with its computing business surging 150 per cent year on year to account for 24.6 per cent of total sales amid the computing boom.
However, net profit attributable to shareholders fell 33.3 per cent to 5.62 billion yuan, while net profit excluding non-recurring items dropped 45.5 per cent to 3.37 billion yuan, according to a post-trading earnings filing.......
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07.03.26 - 04:06
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As the world′s wealthy relocate, rewriting the property map, will Hong Kong win out? (SCMP)
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From Sydney to Hong Kong, wealth migration is reshaping the global super-luxury property market as activity picks up after two subdued years – though the dominance of relative newcomer Dubai is now being tested by the war in the Middle East.
In Sydney, Peter Li, general manager at Plus Agency, said commission revenues on super-luxury homes had risen about 20 per cent from a year earlier. The firm, which handles more than US$300 million in annual sales, has hired six new staff members since......
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07.03.26 - 04:06
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Chinese start-up DeepSeek teams with Tencent, HKU on AI tool to sharpen 3D design (SCMP)
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Chinese artificial intelligence start-up DeepSeek has collaborated with researchers from Tencent Holdings and the University of Hong Kong (HKU) on a new AI-based method that can improve the accuracy of three-dimensional design.
The team proposed Pointer-CAD, a framework built on Alibaba Group Holding's Qwen 2.5 model, which helps designers select edges or faces of a 3D object, increasing the accuracy and efficiency in computer-aided design (CAD), a tool widely used in engineering, manufacturing......
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06.03.26 - 14:42
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China′s Zhejiang, Guangdong provinces vie to heed Xi Jinping′s call for innovation (SCMP)
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China's most powerful economic regions – the Yangtze River Delta and the Greater Bay Area – are racing to meet President Xi Jinping's call for breakthroughs in core technologies including artificial intelligence, as Beijing maps out priorities for the coming 15th five-year plan during the “two sessions”.
As part of the annual meeting on Friday, provincial and municipal leaders of Zhejiang province outlined an ambitious strategy to become a key area of AI development and cement the province's......
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