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A Peugeot concept car on display at the Auto China show in Beijing, April 24, 2026. Photo: Reuters
Electric & new energy vehicles

Peugeot, Jeep take on Chinese rivals with new models using local EV tech

Peugeot and Jeep are following in the footsteps of Hyundai Motor’s Ioniq to regain lost ground in mainland China.

US-China tech war

Trump, Xi weigh AI ‘guardrails’ as Nvidia chip exports hang in the balance

Electric & new energy vehicles

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

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China stock market

Chinese margin traders raise wagers to record in tech stock rally

Outstanding value of bets passes US$420 billion amid seven-day record run, as investors drive indices to new highs.

A large screen shows stock exchange data in Shanghai on May 6, 2026. Photo: EPA
A large screen shows stock exchange data in Shanghai on May 6, 2026. Photo: EPA
China travel

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

International hotel chains ride China’s travel rebound, posting gains as domestic demand and inbound flows strengthen.

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.

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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.

New World Development’s huge 11 Skies project has yet to fully open. Photo: SCMP
New World Development’s huge 11 Skies project has yet to fully open. Photo: SCMP
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.

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.

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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A man walks past an Alibaba display featuring the Olympic rings outside an Alibaba office building in Shenzhen, Guangdong province, on Tuesday. Photo: Getty Images
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.

People walk past a Tesla showroom inside a shopping mall in Chongqing, China, on June 23, 2025. Photo: Getty Images
People walk past a Tesla showroom inside a shopping mall in Chongqing, China, on June 23, 2025. Photo: Getty Images
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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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.

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.

The logo of OpenClaw, an open-source AI assistant. Photo: Reuters
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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METiS TechBio debuts on Hong Kong stock market and raises HK$2.11 billion (US$269.5 million) from the sale of 201.23 million shares at HK$10.50 each. Photo: Jelly Tse
METiS TechBio debuts on Hong Kong stock market and raises HK$2.11 billion (US$269.5 million) from the sale of 201.23 million shares at HK$10.50 each. Photo: Jelly Tse
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.

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.

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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.

A worker checks a feeding tray at the Hengrui Biomedical Industrial Park in Lianyungang, east China’s Jiangsu province. Photo: Getty Images
A worker checks a feeding tray at the Hengrui Biomedical Industrial Park in Lianyungang, east China’s Jiangsu province. Photo: Getty Images
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.

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.

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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The NIO ES9 on display during the opening day of the Beijing Auto Show in Beijing on April 24, 2026. Photo: AFP
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.

A Taobao and Tmall installation at the Alibaba offices in Beijing. Photo: AFP
A Taobao and Tmall installation at the Alibaba offices in Beijing. Photo: AFP
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.

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.

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.

Huaqiangbei is drawing back foreign traders and tourists hunting for the latest gadgets. Photo: Iris Deng
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