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China's third-largest chip foundry, Nexchip Semiconductor, filed for a Hong Kong listing on Tuesday as domestic wafer fabs race to expand production capacity amid surging artificial intelligence demand and Beijing's push for greater chip self-sufficiency. Nexchip, a smaller rival to SMIC and Hua Hong Semiconductor, is seeking a dual listing in Shanghai and Hong Kong, signalling the state-backed foundry's latest effort to strengthen its position in China's mature-node chipmaking sector. The move......

The breakdown of Chinese tech giant Baidu's autonomous driving vehicles in Wuhan on Tuesday evening affected services and left many passengers stranded on highways with heavy traffic for hours, hurting the company's autonomous driving ambitions as it moves to expand its robotaxi business globally. Phone calls for help from affected customers to the traffic police line in Wuhan, capital of central Hubei province, surged from 8.57pm, after many Apollo Go robotaxis stopped in the middle of the......

A burst of 16 new and refiled initial public offering (IPO) applications on Tuesday – including Miniso-backed toy retailer Top Toy – signals a renewed push by companies to tap Hong Kong's capital markets, as the city looks to cement its standing as a leading global listing venue despite intensifying competition and lingering headwinds. The filings, disclosed by Hong Kong Exchanges and Clearing (HKEX) on March 31, span a range of sectors, though hard-tech firms dominate the pipeline. Companies......

Prime office supply in mainland Chinese cities and Hong Kong is estimated to peak this year, while demand remains hampered by an economic slowdown and global uncertainties, according to Cushman & Wakefield. At the end of 2025, premium office inventory in 21 major cities in Greater China – including Hong Kong, Beijing, Shanghai, Shenzhen and Guangzhou, as well as Taiwan – amounted to 99.2 million square metres (1.07 billion sq ft), up 4.6 million square metres or 8.4 per cent from a year earlier,......

[The content of this article has been produced by our advertising partner.] Hong Kong, Mar 30, 2026 - Huatai Securities Co., Ltd. (the “Company”; stock codes: 601688.SH, 6886.HK, HTSC.L), a leading technology‑driven and fully integrated securities firm in China, announced its consolidated financial results for the year ended December 31, 2025. Annual Highlights: In 2025, the Company recorded total revenue of RMB 47.22 billion and net profit attributable to shareholders of RMB 16.38......

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. The Iran war could widen China's EV lead over its global rivals. Here's why Surging oil prices driven by the US-Israel war on Iran could accelerate the global adoption of electric vehicles – a sector that helped China overtake Japan to become the world's largest seller of automobiles......

China's exports of jet fuel have declined sharply in recent weeks amid the US-Israel war on Iran, leaving countries including Australia and Japan facing a supply crunch and scrambling to find alternative sellers. China is Asia-Pacific's largest jet fuel and kerosene exporter, but shipments from the country fell nearly 40 per cent month on month in March to 204,000 barrels per day, figures from trade data provider Kpler showed. The cutback is likely to hit hardest in Australia and Japan, which......

China's Ganfeng Lithium, the world's largest producer of lithium metal, is envisioning an “explosive growth” in the global energy storage system (ESS) market in 2026, spurred by higher prices of the key battery material and buoyant demand for renewable energy infrastructure. Executives including president Wang Xiaoshen told an investors' conference on Tuesday that the global decarbonisation drive had created a strong and sustainable trajectory for Ganfeng, which swung from loss to profit last......

Shares of Hong Kong-listed UBTech jumped after the robotics firm reported a surge in 2025 revenue, driven by an explosive 23-fold rise in humanoid robot sales as China's robotics sector moves into large-scale production. Revenue from full-size embodied intelligent humanoid robots and related services reached 820 million yuan (US$119 million) last year, making it UBTech's largest business line. That marked a 2,203 per cent increase from a low base of 35.6 million yuan in 2024, according to......

Hong Kong stocks surged on Wednesday on optimism that the US-Israel war against Iran was nearing an end. The Hang Seng Index rose 2.1 per cent to 25,307.72 as of 9.45am local time. The Hang Seng Tech Index gained 1.9 per cent. On the mainland, the CSI 300 Index climbed 1.3 per cent and the Shanghai Composite Index added 1.2 per cent. US President Donald Trump said Iran could strike a deal with the US, adding that an agreement with Tehran was not a prerequisite for the war to conclude. Iran......

China Vanke posted a record 88.56 billion yuan (US$12.83 billion) loss last year in the latest sign that mainland Chinese property developers continue to struggle under debt pressure and slowing residential sales as a full market recovery remains nowhere in sight following five years of decline. The developer said its annual revenue amounted to 233.43 billion yuan, down 32 per cent year on year. The basic loss per share was 7.45 yuan, down 78.4 per cent. The loss, which exceeded Vanke's 82......

Hong Kong's highly anticipated first batch of stablecoin licences did not materialise as expected by the end of March. Industry players said the delay may be caused by a slower-than-expected review process, adding that it could also be due to the regulators' cautious stance towards launching the first batch of regulated stablecoin licences as the city seeks to cement its status as a digital-asset hub. “I don't think [the delay] is caused by the market,” said Jack Poon, a member of the task force......

The energy shock stemming from the Middle Eastern conflict may help Chinese electric-vehicle (EV) makers exceed their overseas expansion goals this year, according to analysts. “High oil prices – and even gasoline shortages in some countries – will accelerate the pace of China's EV exports,” said Yale Zhang, managing director at the consultancy Automotive Foresight in Shanghai. “This oil crisis presents a historic opportunity for China's EV industry, just as the oil crisis of the 1970s paved the......

Huawei Technologies maintained “steady” recovery momentum in 2025, with its profit rising 8.6 per cent, as the Chinese telecommunications gear maker doubled down on chip development and smartphones in defiance of US sanctions. Net profit came in at 68 billion yuan (US$9.8 billion) last year, compared with 62.6 billion yuan a year earlier, according to the Shenzhen-based company's annual report released on Tuesday. Total revenue in 2025 reached 880.9 billion yuan, up 2.2 per cent from 862.1......

Hong Kong has retained its top position in terms of initial public offering (IPO) funds raised in the first quarter of this year but industry experts said the city could lose its lead to the US over the full year given the number of mega IPOs expected there, from OpenAI to Elon Musk's SpaceX. A total of 37 companies raised about US$13.26 billion on the Hong Kong stock exchange's main board in the three months ended March 31, according to data released on Tuesday by LSEG Data and Analytics. That......

China's southern tech hub Shenzhen began operations of the country's first 10,000-card intelligent computing cluster, built with advanced chips made by Huawei Technologies, in the latest sign of how the country is deepening its push for home-grown computing capabilities. Featuring a computing capacity of 11,000 petaflops, the new cluster, activated last week, is the country's first 10,000-card intelligent computing cluster built with Huawei's Ascend 910C AI chips, according to Shenzhen Special......

Chinese artificial intelligence company Zhipu AI posted worse-than-expected annual revenue growth in its first earnings report since its initial public offering (IPO) in Hong Kong in December. Revenue rose 131.9 per cent year on year to 724.33 million yuan (US$104.8 million) for the year ended December 2025, the Beijing-based company said on Tuesday, lagging an estimate of 756 million yuan by analysts polled by Bloomberg. Total losses soared 59.5 per cent to 4.72 billion yuan driven by mounting......

Apple's accidental roll-out on Tuesday of its highly anticipated Apple Intelligence feature in mainland China – which has yet to receive regulatory approval – before swiftly pulling it could raise the ire of regulators and expose the US tech giant to potential penalties, an industry expert warned. The brief release could have violated local rules on artificial intelligence security evaluations, algorithm filings and data protection, according to You Yunting, a Shanghai-based intellectual......

Hong Kong homebuyers snapped up new launches on Tuesday as developers accelerated sales amid concerns over slower rate cuts and geopolitical tensions in the Middle East. By about 3.50pm, all 254 flats released at the La Mirabelle project in Tseung Kwan O had been sold, according to market agents. La Mirabelle in Harbour Bay – jointly developed by Sino Group, Kerry Properties, K. Wah International, China Merchants Land and MTR Corporation – is to be developed in two phases, each comprising about......

Chinese and Hong Kong shares suffered their worst month since January 2024 as the war on Iran upended global oil markets and spurred economic concerns. The mainland CSI 300 lost 5.5 per cent in March, while Hong Kong's Hang Seng Index dropped 6.9 per cent. Both indexes also fell for the second quarter in a row. The broader MSCI Asia-Pacific Index plunged 12 per cent in US dollar terms in March, its biggest monthly loss in more than three years. Stocks have fallen around the world since Iran shut......