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16.01.26 - 13:36
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Hong Kong′s latest office landmark nearly full as segment upturn simmers (SCMP)
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The newest landmark office tower in Hong Kong's main business zone is nearing full occupancy a year and a half after it welcomed its first tenants, suggesting improving fortunes in the city's office property segment.
The Henderson – the prime commercial development and namesake tower for one of Hong Kong's largest developers – reached 90 per cent occupancy recently, Henderson Land said on Friday.
The 36-storey building in Central counts among its tenants auction house Christie's, alternative......
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16.01.26 - 12:06
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TSMC buys up land in Arizona as Taiwan pledges US$500 billion US tech investment (SCMP)
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Taiwan has committed to driving hundreds of billions of dollars of extra investment into America's chip industry as part of a US trade deal announced on Thursday, with the island's biggest semiconductor producer already moving to buy more land in the US state of Arizona.
Taiwan Semiconductor Manufacturing Company (TSMC) – the world's largest contract chipmaker – confirmed on Thursday that it had bought a second tract of land in Arizona. The 365-hectare (901-acre) plot nearly doubles the......
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16.01.26 - 10:54
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HSBC reviews Singapore insurance unit amid focus on high growth in Hong Kong, China (SCMP)
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HSBC Holdings' exploration of options for its insurance business in Singapore may lead to a sale of the unit as the group reallocates resources to its insurance business in Hong Kong and mainland China, according to analysts.
“It makes sense for HSBC to consider an exit from Singapore's insurance market to focus on Hong Kong and mainland China, as so many mainlanders are coming to Hong Kong to buy insurance products here,” said Kenny Tang Sing-hing, chairman of the Hong Kong Institute of......
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16.01.26 - 10:54
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GBA companies step up ASEAN plans as expansion becomes a calculated move (SCMP)
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[The content of this article has been produced by our advertising partner.]
Companies across the Greater Bay Area (GBA) are stepping up plans to expand into Southeast Asia, even as global trade conditions remain unsettled. A joint study by the Hong Kong Trade Development Council (HKTDC) and UOB Hong Kong shows that 73 per cent of surveyed firms intend to speed up business development in the ASEAN region, suggesting that many businesses are prepared to move forward while managing a broad set of......
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16.01.26 - 10:48
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Alibaba′s upgraded Qwen chatbot app receives warm consumer reception (SCMP)
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Alibaba's ambition to turn its chatbot app into a powerful AI assistant that dramatically changes the way people interact with smart devices appears to be paying off, according to users and analysts.
Instead of repeatedly swiping a screen to complete a task, a user can tell the Qwen app to conduct a range of tasks from ordering drinks to paying electricity bills after the Hangzhou-based technology giant links it to the group's existing apps like shopping platform Taobao and payment interface......
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16.01.26 - 10:06
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China dominates global humanoid robot market with over 80% of installations (SCMP)
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China accounted for more than four out of five humanoid robot installations globally in 2025, driven by domestic start-ups AgiBot and Unitree Robotics, as mass production and commercialisation accelerated, according to a report by Counterpoint Research.
A total of 16,000 humanoid robots were installed globally in 2025, mainly for data collection and research, as well as in the logistics, manufacturing, and automotive sectors, according to Counterpoint data released on Wednesday.
The market was......
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16.01.26 - 05:12
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Chinese power stocks surge on State Grid′s record US$574 billion investment plan (SCMP)
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Shares of Chinese electricity and grid equipment makers rose after State Grid unveiled a 4 trillion yuan (US$574 billion) plan to upgrade the country's power networks, as surging demand and the global race in artificial intelligence drive investment in energy infrastructure.
Baoding Tianwei Baobian Electric, which makes transformers, surged 10 per cent to 15.25 yuan in Shanghai and power equipment manufacturer Henan Pinggao Electric jumped 7.4 per cent to 21.32 yuan. Suzhou Electrical Apparatus......
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16.01.26 - 03:01
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Hong Kong′s Kuaishou to raise US$2 billion in dual-currency bond sale (SCMP)
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Kuaishou Technology plans to raise a combined US$2 billion from a dual-currency bond sale as the short-video platform operator tapped the debt market to strengthen its businesses.
The company would issue two tranches of US$1.5 billion bonds and 3.5 billion yuan (US$502.4 million) of bonds, it said in an exchange filing. The US dollar bonds maturing in January 2031 will carry a coupon rate of 4.125 per cent, while those due in January 2036 will 4.75 per cent. The yuan bonds will have a coupon......
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16.01.26 - 02:42
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Hong Kong stocks advance on investor confidence in AI-driven demand (SCMP)
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Hong Kong stocks jumped on Friday, tracking Wall Street's gains, as a strong earnings outlook from Taiwan Semiconductor Manufacturing Company (TSMC) reinforced investor confidence in AI-driven demand and lifted risk appetite across global markets.
The Hang Seng Index jumped 0.6 per cent to 27,094.85 at the open, reversing the 0.3 per cent loss recorded on Thursday. The Hang Seng Tech Index rose 0.9 per cent. On the mainland, the CSI 300 Index added 0.7 per cent, while the Shanghai Composite......
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16.01.26 - 02:36
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From tea to TikTok: the middleman′s return is reshaping China trade (SCMP)
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As US-China tensions increasingly reshape global business, an old dynamic is re-emerging with the return of the middleman. Multinational firms that once prized direct control are again turning to local partners to navigate political rifts and commercial barriers. The pattern echoes an older era: the same reliance on middlemen that once moved tea and porcelain through old Canton now underpins how TikTok, McDonald's and Starbucks navigate a divided global economy.
Under the Canton system, overseas......
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16.01.26 - 01:36
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China pushes slow bull run with tightened margin financing rules to fight overheating (SCMP)
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China's move to raise margin requirements for leveraged stock trading signalled regulators' push to steer clear of boom-and-bust cycles, while strengthening the stock market's role in funding the country's tech self-sufficiency efforts, according to analysts.
“The signal from regulators was crystal-clear: guide the market towards a stable transition to a slow bull run,” said Wang Jun, a strategist at BOC International in Shanghai.
“Investors should reduce their leverage levels to guard against......
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16.01.26 - 00:06
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Banks and brokerages′ growing demand for space buoys Hong Kong′s retail property sector (SCMP)
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Hong Kong's banking and finance sector is tipped to lead retail property leasing activity, with massive uptake by firms like Forthright Securities, Futu Holdings and HSBC providing support to landlords struggling through a multi-year real estate slump.
Forthright Securities leased three storeys totalling 14,000 sq ft at Golden Centre in Sheung Wan for its first flagship branch in the city, according to CBRE, which facilitated the transaction.
“This transaction not only demonstrates Forthright......
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15.01.26 - 14:00
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Chinese firms to incur higher costs for deploying advanced AI chips from US: analysts (SCMP)
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Chinese companies are expected to shoulder higher costs for deploying advanced chips from the US, owing to a new 25 per cent tariff imposed by Washington on select high-performance semiconductors, according to analysts.
The administration of US President Donald Trump on Wednesday said the new import duties on advanced artificial intelligence chips covered Nvidia's H200 and Advanced Micro Devices' MI325X graphics processing units, as well as their equivalent products and derivatives.
According to......
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15.01.26 - 13:36
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China′s subsidy change adds to EV makers′ stress as more buyers consider petrol cars (SCMP)
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Growth momentum in the mainland car market may shift from battery-powered to petrol-based models this year on account of a revised subsidy policy, exacerbating a bearish profit outlook for the country's 50-odd electric vehicle (EV) builders.
Slower growth in EV adoption would deal another heavy blow to assemblers from BYD to Leapmotor, which are known for low-priced cars, after big-name international banks reduced forecasts for car deliveries this year.
“Petroleum-powered cars will regain market......
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15.01.26 - 13:06
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Uber′s WeChat tie-up pays off as demand from Chinese tourists rises overseas (SCMP)
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Uber Technologies' strategic partnership with Tencent Holdings' super app WeChat is yielding significant dividends for the ride-hailing operator as it meets a critical demand for Chinese travellers overseas.
Since Uber launched a mini-program on WeChat in July, travellers from the mainland have been actively using Uber's services via the new channel in 20 markets, said Anthony Wong, the head of business development at Uber in Asia-Pacific, on Thursday.
While the ride-hailing service provider......
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15.01.26 - 11:06
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Hong Kong, Shenzhen push secure data corridor to unlock AI and fintech opportunities (SCMP)
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Hong Kong and Shenzhen are establishing a white list for data transfers as part of an overarching effort to forge closer cross-border ties, which policymakers and business leaders see as essential to unlocking opportunities in artificial intelligence and fintech in the region.
“If you have a white list to facilitate the movement of sensitive data, biological data and samples between Hong Kong and [mainland] China, it would ensure trust between [parties sending and receiving information] because......
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15.01.26 - 08:06
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China′s SpacemiT to launch server-class RISC-V processor after raising US$86 million (SCMP)
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Chinese semiconductor start-up SpacemiT, fresh off an over US$86 million funding round, is gearing up for mass production of its new RISC-V chips, using an architecture rivalling Intel's and Arm's, which is seen as Beijing's hope for achieving chip self-sufficiency.
The Hangzhou-based company recently completed a series B funding round raising more than 600 million yuan from investors, including fellow Hangzhou firm Huaxia Hengtian, the Beijing Artificial Intelligence Industry Investment Fund......
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15.01.26 - 08:06
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Nexperia and Chinese owner fight for control of chipmaker in Dutch court (SCMP)
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The battle for control of Dutch chipmaker Nexperia entered a new phase on Wednesday, as lawyers representing the firm and its Chinese parent Wingtech Technology traded blows during a seven-hour court hearing in the Netherlands.
The Enterprise Chamber – a special Dutch court handling corporate disputes – scheduled the hearing to determine whether it should order a formal investigation into alleged mismanagement at Nexperia or overturn its earlier ruling, with a verdict set to be issued by......
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15.01.26 - 06:48
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Logistics giants SF Holding, J&T strike US$1 billion deal as Asian e-commerce booms (SCMP)
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Chinese logistics giants SF Holding and J&T Global Express announced a cross-shareholding agreement worth HK$8.3 billion (US$1.06 billion) on Thursday, as the Chinese companies accelerate overseas expansion amid growing cross-border e-commerce demand across Asia.
The deal will see SF Holding, Asia's largest integrated logistics provider, acquire an 8.45 per cent stake in J&T for about HK$8.3 billion, while J&T will buy 4.29 per cent of SF Holding's enlarged share capital for the same amount,......
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15.01.26 - 06:48
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Alibaba′s Qwen AI app hits 100 million users as upgrade broadens role in daily life (SCMP)
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Alibaba Group Holding has rolled out a major update to its flagship Qwen artificial intelligence app, integrating it more deeply into the company's expansive ecosystem, from online shopping to travel booking, as it pushes to make the service an AI-powered gateway to daily life.
The upgrade came as Qwen surpassed 100 million monthly active users (MAUs) as of January, said Wu Jia, vice-president of Alibaba, at a corporate event on Thursday in Hangzhou, capital of eastern Zhejiang province, where......
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