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A BYD Sealion 7 on display at the Baltic Motor Show in Riga, Latvia, on April 24. Photo: EPA
Electric & new energy vehicles

Chinese EV makers hunt for idled plants in Europe as they expand global influence

BYD, the world’s largest electric car maker, says it is in talks with Stellantis about using European marques’ idled assembly facilities.

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China stock market

Chinese margin traders raise wagers to record in tech stock rally

China travel

China’s hotel sector shines, poised to outperform through 2026 on strong demand

Electric & new energy vehicles

Xi-Trump summit: Ford-CATL plant shows how global carmakers need China

Collaboration with Chinese suppliers ‘the only way international carmakers can compete with Chinese carmakers’, Morgan Stanley analyst says.

A view of the Ford BlueOval Battery Park under construction in Marshall, Michigan. Photo: Universal Images Group via Getty Images
A view of the Ford BlueOval Battery Park under construction in Marshall, Michigan. Photo: Universal Images Group via Getty Images
Hong Kong stock market

Cheng family’s NWD slumps after admitting 11 Skies, new investor plans stalled

The beleaguered developer is reportedly trying to offload the 11 Skies project and secure fresh investment to improve its balance sheet.

Electric & new energy vehicles

Oil shock fuels BEVs to 9 of top 10 in sales, with China brands overtaking Tesla

Battery EVs take nine of top 10 sales spots amid surging oil prices, giving local brands the edge and pushing Tesla down April charts.

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China stock market

AI | Chinese chip ETFs pause trading as they warn of soaring premium risks

With two funds trading at least 30 per cent above net asset values, the large premiums would trigger sell-offs when sentiment turns.

People cross the street beneath a large screen showing the latest stock exchange data in Shanghai. Photo: EPA
People cross the street beneath a large screen showing the latest stock exchange data in Shanghai. Photo: EPA
Alibaba

Alibaba CEO signals capex boost as China tech giant forges full-stack AI path

Alibaba’s quarterly revenue arrived largely in line with estimates as the tech giant disclosed its first AI sales data, and in early US trading, the shares jumped 6%.

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Electric & new energy vehicles

Tesla lures budget-conscious Chinese buyers ahead of state visit by Trump

US President Donald Trump’s entourage for his three-day trip to China includes Tesla CEO Elon Musk and Tim Cook of Apple.

China stock market

Why are Chinese stock markets hitting record highs ahead of Trump’s visit?

Both the ChiNext and SSE Star 50 indexes closed at record highs on Wednesday, as investor optimism over China’s tech sector surges.

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Bull statues in front of the Shenzhen Stock Exchange. Photo: Getty Images
Banking & finance

Xi-Trump meeting could lift Chinese stocks 12%: Morgan Stanley

‘Moderate’ upside is possible as investors ‘direct attention back to China somewhat’, assuming trade truce is extended, bank says.

A girl sits on The Bund Bull sculpture in Shanghai on April 9, 2025. Photo: AFP
A girl sits on The Bund Bull sculpture in Shanghai on April 9, 2025. Photo: AFP
Artificial intelligence

How ByteDance plans to turn OpenClaw craze into a profitable AI business

ArkClaw’s subscription model and surging token demand mark ByteDance’s new approach to agent economics.

Banking & finance

Hong Kong-listed firm uses AI to make nano-rockets to deliver life-saving drugs

METiS TechBio debuts on Hong Kong stock market as its CEO compares the drug design start-up to SpaceX for the pharmaceutical industry.

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Mainland China

Pop Mart’s quarterly revenue surges but tepid fan growth overseas dims outlook

In the first three months, revenue in China alone surged 100 to 105 per cent, while growth was 25 to 30 per cent in Asia-Pacific.

A fan poses for a picture next to the character Labubu at Pop Mart’s theme park in Beijing. Photo: AFP
Brazil

Brazil visa-free entry for Chinese visitors sparks South America travel demand

Search volume for Brazil-related keywords has increased by more than 15 times, providing a boost to China’s long-haul travel products.

Christ the Redeemer statue at sunrise in Rio de Janeiro, Brazil. Photo: Shutterstock Images
Christ the Redeemer statue at sunrise in Rio de Janeiro, Brazil. Photo: Shutterstock Images
China’s private sector

China’s Hengrui seals US$15.2 billion deal with US pharmaceutical giant BMS

Company’s shares jump in Hong Kong and Shenzhen after tie-up that bolsters China’s growing drug innovation profile.

Semiconductors

SMIC founder warns against ‘blind pursuit’ of cutting-edge nodes

Richard Chang’s rare public remarks highlight importance of mature chips to China’s supply chain security.

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Electric & new energy vehicles

Chinese smart cars set to control 20% of western European market by 2028: JPMorgan

Amid surging demand for electrification and a worldwide energy crisis, domestic carmakers can benefit from the stepped-up ‘go-global’ drive.

MG electric cars before being loaded onto a ship for export at the port in Lianyungang, Jiangsu province on April 29. Photo: CN-STR / AFP
MG electric cars before being loaded onto a ship for export at the port in Lianyungang, Jiangsu province on April 29. Photo: CN-STR / AFP
Electric & new energy vehicles

Tech and pricing edge behind China’s SUV surge against BMW, Mercedes and Audi

Chinese SUVs storm the premium segment with fresh momentum, giving German marques their toughest test in years.

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Artificial intelligence

Alibaba brings chat-style shopping to Taobao, Qwen amid AI gateway push: source

E-commerce giant is integrating Qwen with Taobao and Tmall, enabling shoppers to use natural-language commands instead of keyword searches.

Mainland China

KFC, McDonald’s drive-throughs in China get EV charging, upgraded smart systems

KFC now operates over 7,000 drive-through restaurants nationwide, including kerbside pickups, according to Yum China.

A KFC restaurant in Shanghai, January 22, 2026. Photo: CFOTO/Future Publishing via Getty Images
Hong Kong property

Hong Kong home market maintains upwards momentum as new flats snapped up

All 154 units at the Lime Spark project sold out as of 4.30pm, while 93 per cent of 158 flats available at Highwood Phase 2 found buyers.

The long queue of buyers at International Commerce Centre in Kowloon on Saturday for flats at Sun Hung Kai Properties’ Lime Spark project in Tsuen Wan. Photo: Eugene Lee
The long queue of buyers at International Commerce Centre in Kowloon on Saturday for flats at Sun Hung Kai Properties’ Lime Spark project in Tsuen Wan. Photo: Eugene Lee
Artificial intelligence

Why foreign buyers are returning after China’s Huaqiangbei makeover

Shenzhen’s electronics hub is riding the AI boom, with curated devices like drones and robots pulling in overseas customers once more.

Electric & new energy vehicles

Chinese EV maker Leapmotor taps Stellantis’ Spanish plant for EU production

Hangzhou carmaker’s overseas strategy highlights how Chinese brands are leveraging idle plants to scale globally while easing trade barriers.

China stock market

AI power gap fuels Weichai, GE Vernova shares as generator demand surges

AI’s explosive growth is triggering a global power crisis, as data centres deploy backup generators amid soaring electricity demand.

A worker lifts an engine at the production line of Weichai New Energy Commercial Vehicle in Weihai city, eastern China. Photo: EPA-EFE/Xinhua
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