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Automotive industry
Industrials
Luxury & Gaming
Transport and logistics
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.
5 hours ago
Apple
Trump tariffs sink shares of Apple suppliers in China
3 Apr 2025 - 5:30PM
Electric & new energy vehicles
BYD to double sales network in South Korea in challenge to Hyundai and Kia
3 Apr 2025 - 5:12PM
Artificial intelligence
Hong Kong crypto firm HashKey jumps on AI bandwagon, joining Web3 players
HashKey’s first AI product is designed for content moderation, but it envisions a future of AI agents trading on blockchain on behalf of users.
3 Apr 2025 - 4:30PM
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Hong Kong-based cryptocurrency exchange operator HashKey is joining the artificial intelligence race with a product designed for content moderation. Photo: Shutterstock
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
Video gaming
Nintendo’s Switch 2 priced at US$450 for June 5 launch
The company’s first entirely new platform in eight years, the Switch 2 has the potential to lift sales for game makers and retailers.
3 Apr 2025 - 11:00AM
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Apple
Apple shares tumble as Trump imposes tariffs on production hubs
The new levies are likely to squeeze Apple’s margins, given that it is unlikely to hike prices to offset the effects, analysts say.
3 Apr 2025 - 10:00AM
Apple shares have plummeted after US President Donald Trump announced new tariffs. Photo: dpa
Hong Kong property
Exclusive
|
Hong Kong online broker rents shop in one of the world’s costliest retail strips
Futu could be paying HK$1.2 million (US$154,000) per month in rent, a steal compared to the HK$8.6 million in monthly rent that Burberry paid in 2018.
6 hours ago
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
24
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
Trade
How one of the world’s largest auto suppliers prepares for ‘Trump tax’
Ontario-based Magna employs 170,000 employees in 28 countries, including 59 facilities in the United States, 50 in Canada, 33 in Mexico and 69 in China.
2 Apr 2025 - 1:36PM
Assembly worker at the newly renovated Ford’s Assembly Plant in Chicago on June 24, 2019. Photo: AFP.
Artificial intelligence
Meta’s AI research chief to exit, jolting US$65 billion investment drive
Joelle Pineau, a Meta VP who leads the Fair group, has announced her departure, leaving the Facebook owner with a leadership gap in the AI race.
2 Apr 2025 - 12:20PM
Artificial intelligence
ChatGPT usage hits record as Studio Ghibli-style AI images go viral
Active users, in-app subscription revenue and app downloads of ChatGPT reached an all-time high, according to external data.
2 Apr 2025 - 10:45AM
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
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
5
Electric & new energy vehicles
Tesla offers interest-free loans in China for Model Y to lift sagging sales
The delivery waiting time for the popular SUV on the mainland has been reduced to three to five weeks from six to 10 weeks.
1 Apr 2025 - 3:45PM
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TSMC
TSMC affirms commitment to Taiwan with new domestic fab
‘We’ll continue to look for space to expand investments in Taiwan,’ TSMC executive Y.P. Chyn says.
1 Apr 2025 - 10:45AM
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TSMC has opened a new factory that produces the company’s most advanced chips employing 2-nanometre technology. Photo: Reuters
Hong Kong stock market
BlackRock, at centre of Panama ports deal, is big owner of China stocks
World’s largest money manager has at least seven funds dedicated to Chinese stocks; five are passive ETFs and two are actively managed.
1 Apr 2025 - 9:42AM
14
Semiconductors
Intel CEO Tan Lip-bu says company will spin off noncore units
Speaking at his first public appearance as CEO, Tan also says the firm will create new products including custom semiconductors.
1 Apr 2025 - 9:39AM
China property
No respite in sight for Chinese developers as profits continue to slump
China Overseas Land & Investment’s profit sank 40 per cent to 15.6 billion yuan, while Country Garden trimmed its loss to 32.8 billion yuan.
31 Mar 2025 - 8:38PM
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HKEX
Hong Kong climbs up the IPO league table to fourth as fundraising jumps fourfold
IPOs totalled US$2.3 billion from 15 firms in the first quarter, compared with US$612.7 million a year earlier, LSEG data shows.
1 Apr 2025 - 10:35AM
Mixue Group’s mascots line up during the company’s listing ceremony at the Hong Kong stock exchange on March 3. Photo: Reuters
China property
Country Garden’s 2024 loss narrows amid tentative recovery signs
The loss attributable to shareholders stood at 32.8 billion yuan, compared with a record 178 billion yuan loss in 2023, according to an exchange filing.
31 Mar 2025 - 12:51PM
TikTok
Trump hints at a TikTok sale deal before April 5 deadline
A group consisting of Blackstone and ByteDance’s non-Chinese shareholders has emerged as front-running buyers.
31 Mar 2025 - 10:48AM
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Mergers & Acquisitions
Hutchison says it is evaluating spin-off of global telecoms business
‘From time to time, the [group] receives proposals and explores and evaluates opportunities that may be available,’ Hutchison said in a statement.
31 Mar 2025 - 10:40PM
11
HIGHLIGHTS FROM
China Future Tech
Big Tech
Microsoft shutters AI lab in Shanghai, continuing China retreat
1 Apr 2025 - 4:02AM
5
China EVs
China’s lidar sensor firms Hesai, RoboSense stand to gain after fatal EV crash
5 hours ago
Big Tech
China’s Loongson unveils ‘AI era’ chips amid self-sufficiency drive
6 hours ago
China EVs
BYD to double sales network in South Korea in challenge to Hyundai and Kia
3 Apr 2025 - 5:12PM
Blockchain
Hong Kong crypto firm HashKey jumps on AI bandwagon, joining Web3 players
3 Apr 2025 - 4:30PM
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