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Ping An Insurance (Group), China’s largest insurer by market value, plans to leverage its proprietary technology that it has developed for its soon-to-open Hong Kong virtual bank, setting it apart from the rest of the crowd as it looks to expa...

Don Tang is proud of his toys. So much so that the Shanghai resident, 32, puts them on display both in his home and in the office of the company he runs.And there are plenty to display. Tang, 32, has some 100 collectibles and the number is growing al...

US President Donald Trump should not expect China to keep its yuan stable with the US dollar when he keeps rocking market sentiment and provoking disputes, says a former senior official with China’s foreign exchange watchdog.“It (mainta...

When ground was broken in March 2017 for a new US$9 billion factory owned by a subsidiary of Foxconn Group, the event was witnessed by then Guangdong party secretary Hu Chunhua and Terry Gou Tai-ming, the Taiwanese billionaire who created Foxconn, th...

China has changed its system for deciding bank lending rates so that the central bank can effectively influence and control interest rates, a significant move in the world’s second-biggest economy.The change – part of China’s lon...

Homebuyers shrugged off a downpour and Hong Kong’s 11th week of street protests to snap up the flats offered at a discount by Billion Development & Project Management in Tsuen Wan.Billion sold 300 flats, or 85 per cent of the 354 available uni...

The US Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from US companies so that it can service existing customers, two sources familiar with the situation said.The ...

China’s pork consumption has probably peaked, as consumers are opting for a healthier and a more varied diet.Some 41.4 million tonnes of pork was consumed by the nation’s 1.4 billion people last year, according to market research provid...

A shop in Causeway Bay, owned by relatives of Chinese billionaire Xiao Jianhua, the founder of the troubled Tomorrow Group, was sold at a massive loss as they start unwinding their property portfolio in the city.On Thursday, Xiao Yonghong and Sun Dar...

In China, pigs symbolise wealth. And 2019, being the Year of the Pig, was supposed to be a great year to make money. Instead, the nation’s 26 million hog farmers are battling the deadly African swine fever epidemic that is in its second year n...

Just a week ago, Beijing announced an ambitious expansion of its Shanghai Pilot Free Trade Zone in the Lingang New Area, underpinning “a new round of reform and opening up”. Since the first free economic zone launched in Taiwan in 1966...

Ping An Insurance (Group), buoyed by the successful listing of its first unicorn, Ping An Healthcare and Technology in April last year, plans to list three other start-ups valued at more than US$1 billion “when the timing is right”.The ...

The Hang Seng China Enterprises Index (HSCEI), which tracks the performance of Chinese companies listed in Hong Kong, has added a developer, a carmaker and one of the country’s largest conglomerates to its constituents in its latest quarterly ...

China Resources Beer, maker of the world’s bestselling beer Snow, said on Friday it is exploring the possibility of acquiring a minority stake in Budweiser APAC, the Asian unit of Belgian-based Anheuser-Busch InBev.“We’re paying ...

Concerns over an excessive reliance on the United States for supplies of soybeans, coupled with China’s now weaker position in the market when buying the often-controversial agricultural product, are two key factors underlying Beijing’s...

Consumer stocks lifted Chinese and Hong Kong indexes on Friday, as investors are betting that the Chinese government will dip into its coffers to provide financial stimulus to keep the economy growing.Hong Kong’s Hang Seng Index rose 0.9 per c...

Chinese investors are not abandoning Hong Kong’s stocks, even as Asia’s third-largest equity market endures a double whammy of social upheaval and jitters about a global recession.Mainland traders have been buying the city’s stoc...

Prominent Hong Kong businessman Allan Zeman, who has made his name famous through high-end restaurants and is a significant landlord in Central, says he is open to cutting rents to help tenants survive the protests that have rocked the city.Business ...

China’s effort to further up open up and attract foreign investment continued with the city of Beijing unveiling plans to allow overseas firms to invest in virtual private network services within a trial zone by the end of the year.Foreign inv...

Hong Kong’s biggest banks said they have enough currency notes on hand to handle any extraordinary increase in demand for cash, as calls circulated online for protesters to empty out automated teller machines (ATMs) to disrupt the banking syst...