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China Business
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China economy
Stocks
US Treasury chief Bessent: stock market drop a ‘Mag 7’ problem, not a Maga one
The decline has more to do with the emergence of Chinese AI firm DeepSeek than with Trump’s economic policies, Bessent says.
5 Apr 2025 - 7:05PM
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Alibaba
How Alibaba is transforming into a catalyst for China’s AI boom
5 Apr 2025 - 10:00AM
E-commerce
Trump tariffs, ‘de minimis’ exemption end challenge China’s e-commerce merchants
4 Apr 2025 - 6:39PM
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Huawei
Huawei’s ternary logic patent uses an old idea to improve AI chip design
The approach could be used to reduce the number of transistors on a chip, thus reducing energy consumption.
4 Apr 2025 - 2:00PM
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The Huawei booth at the 2025 Mobile World Congress in Barcelona, Spain, March 3, 2025. Photo: Xinhua
Hong Kong stock market
Chinese stocks’ rally risks unravelling as Trump’s reciprocal tariff kicks in
Best strategy is to bet on plays that would benefit from new stimulus policies China is likely to announce, analyst says.
4 Apr 2025 - 10:37AM
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Artificial intelligence
Quora-like platform Zhihu bets on AI to become China’s X and LinkedIn
‘In the era of AI, the influence of high-quality content will only grow,’ finance chief Wang Han says in an interview with the Post.
4 Apr 2025 - 7:23PM
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Biomedicine: Companies
China’s biotech firms record surge in overseas licensing deals in first quarter
Chinese drug makers landed 33 licensing deals with overseas pharmaceutical firms, with transactions totalling US$36.2 billion.
4 Apr 2025 - 7:00AM
The largest deal in the first quarter, with a contract value of US$13 billion, was between Chinese firm GeneQuantum, Nasdaq-listed Biohaven and Seoul-based AimedBio. Photo: Shutterstock
Electric & new energy vehicles
China’s lidar sensor firms Hesai, RoboSense stand to gain after fatal EV crash
Adoption of the laser-based sensors will increase as consumers demand safe self-driving systems, analysts say.
3 Apr 2025 - 8:43PM
Banking & finance
Trump tariffs may drive China’s bad loans to pandemic-high levels, S&P says
Non-performing assets ratio could approach 6.5 per cent seen during the Covid-19 pandemic in 2022 if tariffs hit harder.
3 Apr 2025 - 8:05PM
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Private credit
Tencent-backed China Ruyi to tap bond market for US$500 million, sources say
The streaming media firm, behind series like ‘War of Faith’, is looking for new funds as Chinese firms accelerate offshore fundraising.
3 Apr 2025 - 5:44PM
Apple
Trump tariffs sink shares of Apple suppliers in China
China plays a crucial role in Apple’s global supply chain, with most iPhones being assembled there.
3 Apr 2025 - 5:30PM
Outside an Apple store in Beijing. Photo: AFP
Electric & new energy vehicles
BYD to double sales network in South Korea in challenge to Hyundai and Kia
Hyundai and Kia sold 1.2 million cars in South Korea last year, cornering 75 per cent of the local market.
3 Apr 2025 - 5:12PM
Electric & new energy vehicles
China EVs: Tesla’s quarterly deliveries lag BYD for the second time
Output from the Shanghai Gigafactory dropped to 172,754 units in the first three months of the year from 220,876 a year earlier.
3 Apr 2025 - 3:58PM
Hong Kong stock market
Hong Kong stocks slide to 6-week low on Trump tariffs as exporters tumble
Companies with the biggest overseas sales lead decliners among Hong Kong stocks.
3 Apr 2025 - 4:42PM
Business of climate change
Beijing crackdown on solar industry ‘too little, too late’: US advisory firm
Clean Energy Associates says ‘measures lack sufficient substance to impact the already established online manufacturing capacity’.
3 Apr 2025 - 7:00AM
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A worker produces photovoltaic modules in Jiangsu province. Photo: AFP
Robotics
Ex-Google engineer joins Shanghai’s AgiBot to lead advanced AI research
Newly appointed AgiBot chief scientist Luo Jianlan, who previously worked at Google, spearheads the advanced AI research effort.
4 Apr 2025 - 12:52PM
Alibaba
Alibaba’s Qwen3 AI model coming this month, sources say
The latest upgrade to the Qwen family of models will include a mixture-of-experts version and one with just 600 million parameters for mobile devices.
2 Apr 2025 - 6:30PM
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Electric & new energy vehicles
‘Millions of drivers need to be educated’ after fatal Xiaomi crash: analysts
Autonomous-driving features carry high safety risks amid a lack knowledge about how the systems work, leader of industry body says.
2 Apr 2025 - 11:17PM
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Xiaomi will cooperate with the police after an accident involving the autonomous driving feature of its SU7 electric vehicle (EV) claimed three lives. Photo: Weibo/ 南京金刀客
China consumption
Will Laopu Gold stock reach HK$1,000 after investors’ H-share conversion?
Beijing Hongqiao Jinji Consulting, Chen Guodong and Tianjin Jincheng Enterprise have been given approval to convert their shares.
2 Apr 2025 - 4:44PM
ByteDance
ByteDance founder denies Singaporean citizenship report as TikTok deadline looms
Although Zhang has handed over corporate roles to Liang Rubo, he is widely seen as the real decision maker at the tech giant.
2 Apr 2025 - 1:00PM
TikTok
White House to discuss TikTok sale in meeting on Wednesday
The leading plan is for the biggest non-Chinese investors in ByteDance to raise their stakes and acquire TikTok’s US operations, sources say.
2 Apr 2025 - 9:50AM
Electric & new energy vehicles
Top Chinese EV makers power ahead thanks to subsidies, tax incentives
BYD’s first-quarter deliveries rose 59.8 per cent to more than 1 million vehicles.
2 Apr 2025 - 9:21AM
People check a BYD electric vehicle in Shanghai. Photo: Reuters
ByteDance
ByteDance-owned Douyin sheds light on algorithm amid regulatory pressure
The Chinese version of TikTok has launched a special website that explains how the app recommends and ‘moderates’ content for its users.
2 Apr 2025 - 10:30AM
ZTE
China’s ZTE names Fang Rong as chairman amid AI pivot, revenue drop
The telecoms industry veteran’s ascension reflects ZTE’s efforts to revive its fortunes in 2025 via its AI strategy.
1 Apr 2025 - 9:20PM
Electric & new energy vehicles
Xiaomi car crash involving self-driving feature sparks concerns in China
Company says it submitted the driving data and relevant operational information to the police and deeply regrets the tragedy.
1 Apr 2025 - 8:27PM
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