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

China Business

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.

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

6 bids for Hong Kong land sale signal renewed confidence despite market caution

Global Economy

Stephen Miran, Trump’s economic guru, is leaving the Fed. What happens now?

Miran quit his job as a Trump economic adviser to join the US Federal Reserve board, where he became known as a vocal dove.

Stephen Miran became one of the US Federal Reserve’s most vocal doves during his short tenure on the central bank’s board of governors. Photo: AP
Stephen Miran became one of the US Federal Reserve’s most vocal doves during his short tenure on the central bank’s board of governors. Photo: AP

China Business

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 Business

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.

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China Business

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.

Waldorf Astoria Shanghai Qiantan by Hilton. Photo: Handout
Waldorf Astoria Shanghai Qiantan by Hilton. Photo: Handout

China Business

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.

Business

Chow Tai Fook turns from tenant to owner with Hong Kong school property deal

Cheng family entities acquire DSC International School site, with the purchase a bet on demand for international schools in city: analysts.

China Business

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

China EVs

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.

Geely vehicles are on display at Auto France in Paris on April 28. Photo: Reuters
Geely vehicles are on display at Auto France in Paris on April 28. Photo: Reuters

China Business

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.

Big Tech

Alibaba shares surge 7% in Hong Kong as firm accelerates pivot to AI

The Chinese tech giant’s New York-listed shares also closed up 8.2 per cent on Wednesday, after it reported triple-digit growth in AI revenues.

Business

Hong Kong’s Central office rents set to reverse multi-year slump in second half

Stronger demand has reduced grade-A vacancy rates in Central to a four-year low of 9.6 per cent.

A general view of Hong Kong’s Central district, January 26, 2026. Photo: Jelly Tse

Big Tech

AI | Tencent misses first-quarter revenue estimates, bets on AI for new growth

CEO Pony Ma told shareholders there was the beginning of a turnaround, but that the company was ‘not yet seated’.

People walk in front of the Tencent headquarters building in Shenzhen. Photo: EPA
People walk in front of the Tencent headquarters building in Shenzhen. Photo: EPA

Big Tech

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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China Business

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.

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China Business

China’s drug makers are speeding up – will AI be their secret weapon?

Chinese biotech firms are striking big global deals as drug makers, but could artificial intelligence take them to the next level?

Illustration by Henry Wong
Illustration by Henry Wong

Markets

Can Hong Kong’s listing reform 2.0 win over innovative firms?

The reforms enhance the city’s appeal for AI, biotech and other firms by slashing the market cap threshold and enabling confidential filings.

Big Tech

Competition or ‘co-opetition’: how is convergence shaping Sino-US AI race?

Speech by CEO of Chinese AI start-up at Nvidia event in US highlights symbiotic nature of tech relationship despite geopolitical tensions.

China EVs

How China’s EV makers think they can outrun disastrous price wars

At Beijing’s urging, an industry largely built on discounting must hold the line on prices and convince buyers to pay for better technology.

Illustration: Lau Ka-kuen
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OPINION
Kun Tian

Opinion | Hong Kong’s stablecoin roll-out puts banks at the centre of digital money

Kun Tian
Nicholas Spiro

Macroscope | How the rupee’s fall shows India’s struggle to overcome vulnerabilities

Nicholas Spiro
Anthony Rowley

Macroscope | Why dollar and gold prices are looking abnormal amid Iran war

Anthony Rowley
Nicholas Spiro

The View | War-induced interest rate shocks unlikely to upset Asia’s property markets

Nicholas Spiro
Nicholas Spiro

Macroscope | China is weathering the Iran war oil shock better than others in Asia

Nicholas Spiro
Muyi Yang,Dinita Setyawati

Opinion | Why Asia’s future depends on breaking the shackles of fossil fuels

Muyi Yang
Dinita Setyawati
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MULTIMEDIA
Video

How China’s malls are trying to stay relevant

Wire
02:34
Video

Pony.ai set to further open China’s autonomous-driving frontier

Pony.ai
07:39
Video

What’s behind HSBC’s privatisation of Hang Seng Bank?

HAng Seng
04:37
Video

Taiwan firm creates clothing from banana waste

Banana
01:00
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