TOPIC

/ company

UBS Group AG

UBS Group AG: A leading multinational investment bank and financial services firm, headquartered in Zurich and Basel, Switzerland. It specialises in global wealth management, personal and corporate banking, asset management, and investment banking. UBS primarily serves ultra-high net worth and high net worth individuals, institutional investors, and corporate clients worldwide, alongside retail clients in Switzerland. Recognised as the world’s largest private bank, it significantly expanded its market position by acquiring Credit Suisse in 2023. UBS also maintains notable sponsorship deals, including with Roger Federer. Its overall business focus is on client-centric solutions, innovation, and sustainable finance.

A Li Auto L9 is displayed at the auto show in Beijing on April 24. Photo: AFP

Electric & new energy vehicles

China’s Nio slams EV price wars as costs surge, defying cuts by rival Li Auto

Nio and Li Auto take different approach to pricing new models, with one executive praising ‘reasonable’ carmakers that raise prices.

20 May 2026 - 7:00AM

Electric & new energy vehicles

Chinese firm Xpeng builds driverless cabs, challenging Tesla’s FSD software

19 May 2026 - 7:00PMvideocam

Gold in Hong Kong

Record gold ETF inflows lift Hong Kong’s global trading hub bid

12 May 2026 - 8:00PM

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.

12 May 2026 - 5:59PMvideocam

China’s inheriting generation are stepping into responsibility within their families at a younger age, according to Swiss bank UBS which has predicted a US$11 trillion wealth transfer in the Asia-Pacific region over the next 30 years.

Hong Kong property

Is Hong Kong’s cultural hub of West Kowloon emerging as ‘Central 2.0’?

SHKP to benefit as tenants including UBS, JPMorgan Chase and Banco Santander set to move into new office space near high-speed rail station.

10 May 2026 - 1:32PM

ByteDance

ByteDance raises 2026 capex by at least 25% amid AI boom, sources say

ByteDance is allocating a proportionally larger budget to domestic AI chips to mitigate geopolitical risks and heed Beijing’s call.

9 May 2026 - 2:00PM

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.

5 May 2026 - 7:00AMvideocam

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

Artificial intelligence

Chinese firms face pressure on AI investments as US peers’ spending soars

Largest US companies on track for US$700 billion in AI capital expenditures this year, versus about US$105 billion in China.

30 Apr 2026 - 10:30PM

China stock market

China equities set for boost as Trump-Xi meeting raises hopes of thaw

Investors are betting a Trump-Xi summit will ease tensions, helping Chinese equities close their long-standing valuation gap.

27 Apr 2026 - 5:30PM

Artificial intelligence

How the rise of AI agents could finally make China’s open-source models pay

Free models helped Chinese firms find rapid success – but thin margins are forcing a shift towards hybrid business strategies.

17 Apr 2026 - 8:38PMvideocam

IPO

Huaqin’s US$580 million Hong Kong share sale attracts JPMorgan and UBS

The Shanghai-listed firm is selling 58.55 million shares, pricing them at a 31.2 per cent discount to their last-traded mainland stock price.

15 Apr 2026 - 2:00PM

China’s Huaqin is one of the world’s largest consumer electronics original design manufacturers. Photo: Handout

Electric & new energy vehicles

How China’s EV battery king CATL powers up profits while EV makers struggle

Consolidation, scale and technology advantages enhance pricing power as firm’s domestic market share hits 18-month high.

13 Apr 2026 - 1:17PM

Hong Kong stock market

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.

11 Apr 2026 - 11:01AM

Semiconductors

Chinese memory giants seen grabbing market share on lower prices, more capacity

Firms like YMTC and CXMT are scaling NAND and DRAM production, leveraging cost advantages and subsidies to challenge global leaders.

7 Apr 2026 - 9:30PMvideocam

Leading Chinese memory producers like CXMT are working on boosting capacity this year. Photo: Handout

Electric & new energy vehicles

More foreign marques face a do-or-die moment as Chinese buyers shun petrol cars

Following Skoda’s exit from China, other carmakers with falling sales are also likely to close shop this year, analysts say.

6 Apr 2026 - 4:00PMvideocam

IPO

Hong Kong tightens grip on IPO crown as filings surge and pipeline grows

Sixteen new and refiled applications, led by hard-tech firms, point to a deepening pipeline as investor appetite returns.

1 Apr 2026 - 6:00PM

Electric & new energy vehicles

Middle East oil shock jolts EV demand, putting Chinese exports in fast lane

Orders for Chinese NEVs are rising along with footfalls at EV dealerships both at home and overseas, according to Nomura analyst.

1 Apr 2026 - 7:30AM

IPO

Hong Kong retains IPO crown but may lose to US mega listings over full year

Second place for IPO funds raised is Nasdaq, with US$5.65 billion from 18 listings, while the New York Stock Exchange ranks third.

1 Apr 2026 - 9:28PM

An exterior view of the Hong Kong stock exchange in Central, February 6, 2026. Photo: Jonathan Wong

Mainland China

Sketching a recovery: China puts next-gen art buyers in the frame amid slowdown

A US$83 trillion global wealth transfer in next two to three decades is beginning to reshape China’s art market: UBS.

30 Mar 2026 - 11:51AM

Electric & new energy vehicles

BYD’s four-year profit run ends, eyes global markets as next engine of growth

Earnings at China’s EV leader fall short of expectations amid intense domestic competition.

27 Mar 2026 - 10:00PM

Electric & new energy vehicles

Pain at the pump fuels EV rush in China, driving a timely boost for carmakers

Brent crude above US$110 is pushing mainland buyers away from petrol cars, lifting China’s EV makers despite fading subsidies.

27 Mar 2026 - 9:00PM

The oil price surge could offer timely relief for EV makers, which have been grappling with softer demand following the rollback of subsidies. Photo: Xinhua

Electric & new energy vehicles

China’s Pony AI to launch robotaxi service in Europe with Uber, local start-up

Partners aim to operate thousands of robotaxis in various European cities over the next few years after starting in Zagreb, Croatia, ‘soon’.

26 Mar 2026 - 7:31PM

The partners have begun testing in Zagreb, Croatia, using Pony’s Gen-7 system and electric SUVs made by Chinese state-owned carmaker BAIC. Photo: Handout

Electric & new energy vehicles

3 Chinese EV makers raise prices – but demand slowdown could force reversal

Xiaomi, Chery and FAW adjust prices amid surging chip and raw material costs, but analysts say soft sales could undermine gains.

24 Mar 2026 - 7:44AM

IPO

Should the Hong Kong stock exchange make all IPO applications confidential?

Proposed rule change aims to encourage more applications, but what about transparency and document quality concerns?

21 Mar 2026 - 9:30AM

China stock market

Xi-Trump summit eyed for direction as Hong Kong, China stocks shaken by conflict

Markets await clarity on a summit, hoping it will steady Hong Kong and China equities as Middle East hostilities weigh on sentiment.

18 Mar 2026 - 2:59PM

Investors are awaiting clarity on a summit between Xi Jinping and Donald Trump, viewing it as a potential sign of cooperation that may steady mainland China and Hong Kong equities, according to analysts. Photo: AFP

Banking & finance

Chinese banks outpace rivals in Hong Kong wealth growth, Huatai HK CEO says

Booming listings and rising outbound investment demand are accelerating growth for Chinese players, SFC data shows.

18 Mar 2026 - 9:31AM

Wang Lei, CEO of Huatai Financial. Photo: Handout

Hong Kong stock market

Hong Kong stocks advance as tech sector lifts sentiment amid prolonged conflict

Hang Seng Index climbs, driven by tech firms, helping investors look past prolonged Middle East hostilities.

16 Mar 2026 - 4:36PM

Electric & new energy vehicles

Chinese carmakers step up global expansion using idled foreign facilities

Great Wall Motors, Geely and other Chinese carmakers are using an asset-light strategy to accelerate their growth overseas.

15 Mar 2026 - 8:00PM

Help preserve 120 years of quality journalism.

SUPPORT NOW