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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.

Electric & new energy vehicles

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

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Electric & new energy vehicles

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

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
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.

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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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
China stock market

Emerging markets rebound on inflows as Xi-Trump talks eyed for momentum

Mainland China, Hong Kong stock markets may benefit from Xi-Trump meeting as renewed interest in AI shows investors keen to re-engage, analysts say.

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Wealth management

Chinese successors assume control sooner as US$11 trillion wealth transfer looms

Asia-Pacific’s largest intergenerational wealth transfer in modern times is set to transpire over the next 20 to 30 years, UBS says.

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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
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
Banking & finance

Hong Kong secures US$3.5 billion to fund Northern Metropolis and green projects

Global investors pile into city’s latest bond sale, with orders 7.6 times oversubscribed, backing its green finance ambitions.

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.

Electric & new energy vehicles

Tesla China posts 36% sales rise, as local rivals nip at heels

April sales rose on a year-on-year basis but dropped from the previous month, indicating fiercer competition from domestic brands.

An employee works in Tesla’s Gigafactory in Shanghai on April 14. Photo: EPA
Electric & new energy vehicles

China’s move to cut EV payment cycles may push weaker carmakers out: S&P

China’s weaker EV makers may soon be running on fumes as tighter payment cycles squeeze cash flow and curb price wars.

Employees work on the production line at a factory for Chery’s electric vehicles in Wuhu, Anhui province, China. Photo: Reuters
Employees work on the production line at a factory for Chery’s electric vehicles in Wuhu, Anhui province, China. Photo: Reuters
Hong Kong stock market

Hong Kong stocks hit 2-month high on hopes of Middle East war ending

Media reports of a proposed memorandum of understanding boost hopes of a diplomatic resolution to the US-Israel war on Iran.

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Electric & new energy vehicles

China’s EV battery giants thrive while carmakers’ profits shrink amid price wars

Carmakers’ profit margin stood at 3.2 per cent in the first quarter, versus 6 per cent for downstream industrial firms, according to CPCA.

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Electric & new energy vehicles

Chinese start-up ZYT eyes semi-autonomous truck production this year

DJI spin-off is providing autopilot systems to six manufacturers, as fuel-saving abilities gain importance amid oil supply shock.

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Vehicles are displayed in ZYT’s booth at the Beijing Auto Show. Photo: Weibo
Vehicles are displayed in ZYT’s booth at the Beijing Auto Show. Photo: Weibo
Banking & finance

Kazakhstan’s AIFC discussing stock-trading links with Shanghai, Hong Kong

Cross-border trading connections could start with ETFs, says special economic zone’s governor.

Wealth management

Why Singapore wealth-tech firms pick Hong Kong as their first overseas market

Chocolate Finance joins Syfe and Endowus in targeting the city’s wealthy population and idle savings.

Banking & finance

Airport Authority issues record HK$19b in bonds amid strong investor demand

Investor participation was predominantly local, with more than 90 per cent from Hong Kong, according to joint bookrunner HSBC.

A general view of Hong Kong International Airport in Chek Lap Kok. Photo: Jelly Tse
Electric & new energy vehicles

China’s CATL touts landmark energy-storage order for sodium-ion batteries

Deal for massive grid storage system shows that CATL has ‘overcome all the challenges in mass-producing sodium-ion batteries’, company says.

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Electricity arcs in a cold-environment demonstration of CATL’s sodium-ion battery technology during Auto China 2026 in Beijing on April 25, 2026. Photo: AP Photo
Electricity arcs in a cold-environment demonstration of CATL’s sodium-ion battery technology during Auto China 2026 in Beijing on April 25, 2026. Photo: AP Photo
Family offices

How the Middle East war is boosting family offices, private banking in Hong Kong

Conflict prompts rich investors to diversify, boosting Hong Kong’s role as a hub for family offices and private banking.

Electric & new energy vehicles

Li Auto targets BMW and Mercedes with premium SUVs in Middle East, Asia-Pacific

Beijing-based EV maker expects overseas deliveries to account for 30 per cent of its total by 2030, president Ma Donghui says.

Electric & new energy vehicles

Huawei earmarks US$11.7b for training of autonomous-driving systems

Company claims it will outspend all rivals combined to boost computing power, which is essential to enhance advanced driving systems.

Richard Jin, CEO of Huawei’s intelligent automotive solutions business unit, introduces the company’s latest advanced driving system in Beijing on April 23, 2026. Photo: Reuters
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