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Mainland China

Chinese EV makers’ losses mount as rising sales fail to offset steep discounts

by Anas Siddiqui
Chinese EV makers’ losses mount as rising sales fail to offset steep discounts

“Time is against many companies since they need to survive a cutthroat price war,” said David Zhang, general secretary of the International Intelligent Vehicle Engineering Association. “When they run out …

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AIA first-half profit jumps 53% amid mainland Chinese insurance-buying spree in Hong Kong

by Anas Siddiqui
AIA first-half profit jumps 53% amid mainland Chinese insurance-buying spree in Hong Kong

AIA Group, Asia’s largest insurer, reported its best first-half profit in five years, as mainland Chinese customers continue buying policies in Hong Kong with an eye on better investment returns …

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Exclusive | Qiandama’s funder GenBridge sees ‘substitution’ in China’s retail downgrade, tepid growth

by Anas Siddiqui
Exclusive | Qiandama’s funder GenBridge sees ‘substitution’ in China’s retail downgrade, tepid growth

“This is what I call the substitution effect,” Chang, founder and managing partner of Beijing-based VC firm GenBridge Capital, told the South China Morning Post in a recent interview. “When …

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CrowdStrike-Microsoft outage: China avoids disruption on back of cybersecurity drive

by Anas Siddiqui
CrowdStrike-Microsoft outage: China avoids disruption on back of cybersecurity drive

QAX, a spin-off from the enterprise business of Shenzhen-listed 360 Security Technology, said organisations on the mainland should “prioritise domestic suppliers” of cybersecurity software, “especially given the current complex international …

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Hong Kong media watchdog hit with 51 complaints over Mr and Mrs Ho featured in TV show

by Ron Morgan
Hong Kong media watchdog hit with 51 complaints over Mr and Mrs Ho featured in TV show

The city’s communications watchdog has received 51 complaints about a television show which featured a whirlwind romance between an elderly Hong Kong man and a younger mainland Chinese woman. The …

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How will the Hong Kong stock market’s new typhoon policy work? Who will benefit?

by Anas Siddiqui
How will the Hong Kong stock market’s new typhoon policy work? Who will benefit?

Here is what you need to know about the change. How does the new arrangement differ from current practice? At present, the stock and futures markets delay opening if the …

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Opinion | The sceptics say Hong Kong is over. China’s trajectory says otherwise

by Walter Watson
Opinion | The sceptics say Hong Kong is over. China’s trajectory says otherwise

In fact, measured by purchasing power parity (PPP), China is already the world’s largest economy. This method is straightforward. For instance, if a hamburger is selling in Shanghai for 20 …

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Opinion | Hong Kong has a chance to shape AI based on its own values

by Walter Watson
Opinion | Hong Kong has a chance to shape AI based on its own values

Like any tool, AI is not neutral – it reflects its creators’ agendas and biases. Our collective goal should be to apply innovation towards major social priorities, not just solely …

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Exclusive | Europe’s business leaders remain ‘level-headed’ on engaging with China amid worries about Russia’s power: Adriel Chan

by Anas Siddiqui
Exclusive | Europe’s business leaders remain ‘level-headed’ on engaging with China amid worries about Russia’s power: Adriel Chan

European leaders are more willing to cooperate with China as a counterbalance because the continent’s political and business communities are increasingly concerned about Russia’s power in Europe, according to Adriel …

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Chinese developer Logan’s US$8 billion restructuring hinges on Hong Kong luxury tower loan

by Anas Siddiqui
Chinese developer Logan’s US billion restructuring hinges on Hong Kong luxury tower loan

Chinese developer Logan Group is entering a crucial stage in its US$8 billion offshore restructuring, with just three months to pay or refinance a loan or risk losing control of …

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