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China Future Tech
CEO He Xiaopeng will unveil Xpeng’s 2025 X9 at the Kai Tak Cruise Terminal in Hong Kong on Tuesday. Photo: Sun Yeung

China Business

Xpeng to use own Turing AI chip to power its self-driving cars this quarter

Xpeng’s Turing AI chip is three times more powerful in computing power than the Nvidia chip installed in its existing EVs.

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Tencent-backed household robot maker Narwal raises US$100 million

‘Extreme’ US-China decoupling could cost US$2.5 trillion, Goldman warns

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Big Tech

Chinese plant resumes hiring after Trump spares iPhones from tariffs

The move highlights the disruption caused by the new US tariffs to Apple’s supply chain.

Jobseekers are seen outside the recruitment office of a Foxconn production base in Zhengzhou in central China’s Henan province. Photo: Feature China/Future Publishing via Getty Images
Jobseekers are seen outside the recruitment office of a Foxconn production base in Zhengzhou in central China’s Henan province. Photo: Feature China/Future Publishing via Getty Images

Big Tech

China’s chip trade faces uncertainty after growing in first quarter

As the trade war escalates, Chinese chip merchants have reportedly stopped providing price quotes.

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Banking & Finance

Investors urged to diversify amid Trump’s tariff war and market volatility

Experts urge investors to diversify into alternative assets like private credit for stability and growth.

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Business

Hutchmed weighs cancer drug’s supply-chain options amid trade war

Blood-cancer medicine, manufactured in the US, won conditional approval for sale in mainland China last month.

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Hutchmed aims to expand Tazemetostat’s usage to patients with solid cancers. Photo: Shutterstock
Hutchmed aims to expand Tazemetostat’s usage to patients with solid cancers. Photo: Shutterstock

Tech Trends

Chinese e-commerce giants help tariff-hit exporters pivot to domestic market

Meituan said it would actively heed the central government’s call to bolster domestic demand and consumption.

China Business

Can demand for upscale homes in Shanghai spark a broader market recovery?

While prices of upscale units in Shanghai rose 5 per cent quarter on quarter, overall market prices fell 4 per cent year on year in March.

Banking & Finance

Hong Kong to unveil 3 e-banking security measures to combat financial fraud

The HKMA’s ‘E-Banking Security ABC’ measures will enhance online banking security, deputy chief executive Arthur Yuen says.

The HKMA has stepped up its vigilance against online banking fraud. Last year, the city’s residents lost HK$9.15 billion to scamsters. Photo: Jelly Tse

China Business

Trump’s tariff suspension lifts Hong Kong stocks by most in 4 weeks

The Hang Seng Index’s 2.4 per cent jump was its best one-day performance since March 18.

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A digital billboard displaying the Hang Seng Index data is seen outside a bank in Hong Kong. Photo: Eugene Lee
A digital billboard displaying the Hang Seng Index data is seen outside a bank in Hong Kong. Photo: Eugene Lee

Money

Battered dollar drifts lower on tariff nerves

Investor confidence in the world’s reserve currency in question following stream of tariff pronouncements from US President Donald Trump.

Banking & Finance

US Treasury market sees historic yield curve steepening amid Trump’s trade war

Investors demanding higher yield to own 30-year Treasuries over two-year maturities has increased for nine straight weeks.

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Business

Hong Kong property market to feel the squeeze from Trump’s tariffs

A weaker yuan and a slowing economy could deter mainland homebuyers, but some analysts caution it is too early to draw conclusions.

Outside a real estate agency in Tai Koo, Hong Kong. Photo: Eugene Lee

Business

Luxury malls in China adjust to market reality amid dip in consumer spending

Mall vacancy rates in Beijing stood at 10.6 per cent last year and 9.5 per cent in Shanghai, according to Cushman & Wakefield.

The Shanghai K11 shopping centre is cutting rents to keep tenants in place. Photo: Shutterstock
The Shanghai K11 shopping centre is cutting rents to keep tenants in place. Photo: Shutterstock

Markets

US delisting of Chinese stocks may make Hong Kong great again

A total of 286 Chinese firms are listed in the US with a total market capitalisation of US$1.1 trillion.

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Big Tech

Alibaba’s Quark surpasses ByteDance’s Doubao as China’s top AI app

Quark’s rapid ascent comes as Alibaba has transformed the app from a cloud storage and search service into an ‘AI super assistant’.

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China EVs

Self navigating to the top: why China leads the global autonomous-driving race

After stamping their authority on EV technology, Chinese firms make strides in adding self-driving features.

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Illustration by Lau Ka-kuen
Illustration by Lau Ka-kuen

Banking & Finance

In SAFE hands: China’s secret plan for US$1 trillion reserves fund in Hong Kong

Cheng Hao, the man involved in the rescue of China’s 2015 market crash, runs what is the world’s third largest wealth fund in Hong Kong.

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Banking & Finance

China’s 4 golden flowers: how Beijing invests its US$3.2 trillion reserves

The State Administration of Foreign Exchange entrusts managers in four ‘overseas offices’ to diversify its reserves and maximise returns.

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Business

Nicholas Tse, Stanley Ho’s family face falling property value amid market slump

Macau tycoon Stanley Ho’s family is selling a site in Tsim Sha Tsui, while actor Nicholas Tse’s shop in Central rented out at a big discount.

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Mainland tourists are seen in Tsim Sha Tsui. Hong Kong’s retail sales fell 7.3 per cent last year. Photo: Yik Yeung-man
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OPINION
Robert Delaney

On Balance | Tariff flip-flops and why Trump’s attack on China is misguided

Robert Delaney
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Samer Elhajjar 

Opinion | Chinese brands are impressing the world – but can they inspire it?

Samer Elhajjar 
Bert George

Opinion | If the EU adopts a ‘US plus one’ strategy, Hong Kong has a role to play

Bert George
Zhou Xin

My Take | China needs to boost nation’s household income to counteract Trump tariffs

Zhou Xin
Zhou Xin

My Take | Labubu proves Hong Kong IP and Chinese manufacturing are a recipe for success

Zhou Xin
Anthony Rowley

Macroscope | World is ready to cut US dollar down to size – but not too quickly

Anthony Rowley
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MULTIMEDIA
Video

Chinese EV maker Xpeng CEO unveils newest vehicles in Hong Kong

Chinese EV maker Xpeng CEO unveils newest vehicles in Hong Kong
01:58
Video

Asian stock markets fall as 104% tariffs target China

Stock markets in Asia resume slump as hefty US tariffs on China take effect
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Video

How Alibaba.com is betting on AI to transform e-commerce

How Alibaba.com is betting on AI to transform e-commerce
11:13
Video

The small business concerns behind China’s ‘two sessions’

China’s ‘two sessions’: small businesses voice concerns as they face economic headwinds
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