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Banking & Finance
Soy-sauce maker Haitian may raise US$1.5 billion in Hong Kong IPO
The Guangdong-based company is in talks with advisers on a potential share sale in the Asian financial hub and a listing could happen in the first half of next year.
11 minutes ago
Qualcomm’s bid to buy Intel hinges on US election, China scrutiny
16 Oct 2024 - 11:45AM
Chinachem to sell Hong Kong flats at 2016 levels as recovery proves elusive
15 Oct 2024 - 7:36PM
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Big Tech
Chinese brands, Apple drive global smartphone shipments
Shipments from Vivo surged nearly 23 per cent in the third quarter, while Samsung’s fell almost 3 per cent, according to IDC.
15 Oct 2024 - 6:39PM
Promotional signage for Black Friday at a Xiaomi store in Madrid, Spain. Photo: Bloomberg
China EVs
Xpeng’s AI-driven P7+ challenges Tesla, eyes China’s autonomous driving market
The EV maker launched the presale of the P7+ from 209,800 yuan (US$29,500), 10 per cent cheaper than the base model of Tesla Model 3.
15 Oct 2024 - 12:38PM
Tech Trends
Tesla Optimus robots at showcase were remotely controlled by humans
The use of human input raises questions over the capabilities and market readiness of the bot, despite Elon Musk’s enthusiasm.
15 Oct 2024 - 12:00PM
Banking & Finance
CR Beverage to use US$640 million IPO to fund expansion, supply chain efficiency
China’s second-largest bottled water firm plans to sell 347.8 million shares at HK$14.50 each.
15 Oct 2024 - 8:52PM
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China Business
Shanghai, Hong Kong ports lag global peers on services, CY Leung says
‘Drawbacks are obvious’, and both cities must upgrade to ‘wield more influence’ in global shipping, says Hong Kong’s former chief executive.
14 Oct 2024 - 8:15PM
Containers sit at a terminal at the Yangshan deepwater port in Shanghai on October 10, 2024. Photo: Reuters
Banking & Finance
Financing, local market strategies among growth hurdles for SMEs: survey
SMEs based in Hong Kong and the Greater Bay Area are banking on Chief Executive John Lee to deliver more support measures in his policy address.
14 Oct 2024 - 7:30PM
Companies
Hong Kong tycoon Peter Lee looks for good karma in green investments
The Towngas chairman and devout Buddhist hopes to create a more sustainable future through his family office investments.
14 Oct 2024 - 10:00AM
Business
From Fila to Armani, brands snap up prime Hong Kong retail spaces
With rents as much as 65 per cent below historical highs, brands from Europe, the US and Japan see a chance to make a splash.
14 Oct 2024 - 8:30AM
Companies
China’s regulator investigating CICC over sponsorship of IPO for S2C
Investment bank ‘suspected of failing to exercise due diligence’ in the withdrawn offering, which led to penalties against S2C.
13 Oct 2024 - 8:08PM
A sign for China International Capital Corp (CICC) is seen in Beijing. Photo: Getty Images
Tech War
US-sanctioned camera maker Hikvision said to be slashing jobs
The Hangzhou-based company says it is optimising its research manpower, while denying large-scale lay-offs.
13 Oct 2024 - 9:00AM
Companies
Sun Hung Kai’s Cullinan Sky sees another weekend of brisk sales
Quantitative easing and a slew of economic stimulus measures from Beijing have increased buyer confidence, agents say.
12 Oct 2024 - 8:15PM
China Business
In electric buses as with EVs, it’s China versus rest of the world
As China’s market matures, exports hold the key to future profitability for Yutong, Foton and peers in rivalry with European electric-bus producers.
12 Oct 2024 - 8:47AM
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9
Big Tech
Apple opens lab in China amid fierce competition with Huawei
The new facility in the Hetao Shenzhen-Hong Kong tech cooperation zone is one of several Apple research centres in China.
11 Oct 2024 - 5:00PM
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An Apple store in Shanghai, China. The US tech giant has opened a new research lab in Shenzhen. Photo: Bloomberg
Business
China’s shrinking appetite for Korean cosmetics replaced by hunger for food
Korean food is booming in China, with rising exports of ramyeon and rice-based products, while cosmetics face declining market share.
11 Oct 2024 - 9:40PM
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Big Tech
Alibaba’s Lazada courts Armani, D&G to fend off Shopee, TikTok
The e-commerce platform is broadening its luxury segment to ramp up sales in key markets from Indonesia to Singapore.
11 Oct 2024 - 11:15AM
Policy
Mainland China detains four Taiwanese employees at ‘iPhone city’
Police in Zhengzhou city have detained four Foxconn staff on charges of breach of trust, according Taiwanese officials.
11 Oct 2024 - 10:08AM
5
China Business
Xpeng banks on Eagle Eye to enhance autonomous driving in new P7+ sedan
The Eagle Eye system is more accurate in information collection than lidar sensors used in its existing models like P5 sedan and G6 SUV.
10 Oct 2024 - 9:06PM
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Xpeng will launch its P7+ sedan in the local market next month. Photo: Handout
China Business
BYD, China peers take EV price war to record levels as margins suffer
EV makers slashed prices on 124 models from January to September, while prices on 71 petrol car models also cheapened, industry association says.
10 Oct 2024 - 11:40PM
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6
Tech
TikTok owner ByteDance launches US$170 AI earbuds in China
The Ola Friend earphones are linked to ByteDance’s self-developed chatbot, Doubao, currently China’s most popular GenAI app.
10 Oct 2024 - 2:11PM
Banking & Finance
China Renaissance names missing founder’s wife to chair investment bank
Hui Yin-ching, also known as Xu Yanqing, was designated as the chairperson of the bank’s board and executive director effective October 9, Renaissance said.
10 Oct 2024 - 4:21PM
OPINION
Perry Wong
,
Yeen Chong
Opinion
|
China pushes ahead on its long march to become a global tech leader
13 Oct 2024 - 9:11PM
G.A. Donovan
Opinion
|
Why China’s EV start-ups can now breathe a little easier
4 Oct 2024 - 8:30PM
Christopher Tang
,
Kenneth Tang
The View
|
How Hong Kong can lead the way on sustainable textiles
4 Oct 2024 - 4:30PM
Xuyang Dong
,
Tim Buckley
Opinion
|
Why China’s clean tech glut is a net global positive
22 Sep 2024 - 8:30PM
Dennis Lee
Opinion
|
How Hong Kong can help its SMEs make a difference
22 Sep 2024 - 6:02AM
Andrew Sheng
Opinion
|
For the best AI outcomes, good policy is key
25 Sep 2024 - 3:36PM
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