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Shenzhen

Greater Bay Area property market to see brighter days ahead as synergies build in the 11-city bloc

by Anas Siddiqui
Greater Bay Area property market to see brighter days ahead as synergies build in the 11-city bloc

Property markets in China’s Greater Bay Area will see an uptick in 2024, as businesses and communities find synergies within the 11-city economic powerhouse which has a GDP of US$2 …

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Mainland Chinese make only day trips to Hong Kong with focus on saving cash as city loses allure to southern rivals

by Ron Morgan
Mainland Chinese make only day trips to Hong Kong with focus on saving cash as city loses allure to southern rivals

“Hong Kong’s attractiveness has overall weakened,” said Dicky Yip Chi-wai, the president of the Hong Kong Tourism Practitioners’ Union. “It used to be a shopping paradise, but now people can …

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Huawei reclaims top spot in China’s smartphone sales ranking, its first time back since company was added to US blacklist

by Anas Siddiqui
Huawei reclaims top spot in China’s smartphone sales ranking, its first time back since company was added to US blacklist

Huawei Technologies climbed back to the No 1 spot of China’s smartphone market in the initial two weeks of this year, according to a report by research firm Counterpoint, putting …

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Singaporean businessman who ‘showed susceptibility’ to foreign influence served notice under anti-foreign interference law

by Walter Watson
Singaporean businessman who ‘showed susceptibility’ to foreign influence served notice under anti-foreign interference law

Hong Kong’s home-grown national security legislation, which is currently under its consultation period, has also cited the Foreign Interference Countermeasures Act in its 110-page document. As it happened: Hong Kong’s …

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China’s securities regulator raises suspicion of financial fraud committed by chip developer Beijing Zuojiang Technology

by Anas Siddiqui
China’s securities regulator raises suspicion of financial fraud committed by chip developer Beijing Zuojiang Technology

The China Securities Regulatory Commission (CSRC) said it found the 2023 financial disclosures of Shenzhen-listed Zuojiang to be “seriously untrue” and “suspected [the company] of significant financial fraud”, according to …

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Chinese smartphone maker OnePlus returns to Germany after sister firm Oppo strikes global 5G patent cross-licensing pact with Nokia

by Walter Watson
Chinese smartphone maker OnePlus returns to Germany after sister firm Oppo strikes global 5G patent cross-licensing pact with Nokia

Shenzhen-based OnePlus on Monday brought back six smartphone models to the world’s fourth-largest economy, including the foldable OnePlus Open, according to the firm’s German website. OnePlus also started pre-orders for …

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Tencent chairman Pony Ma sets confident tone for internet giant in 2024 amid WeChat’s improved business prospects, sources say

by Anas Siddiqui
Tencent chairman Pony Ma sets confident tone for internet giant in 2024 amid WeChat’s improved business prospects, sources say

The 52-year-old Ma, who kept a low profile during China’s 32-month crackdown on Big Tech firms, delivered that positive message in a speech before Tencent’s annual staff meeting on Monday …

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Hong Kong leader says Shenzhen Bay crossing to open around the clock over Lunar New Year holiday, Lo Wu will extend operating hours

by Ron Morgan
Hong Kong leader says Shenzhen Bay crossing to open around the clock over Lunar New Year holiday, Lo Wu will extend operating hours

The Shenzhen Bay border crossing will operate around the clock over the Lunar New Year holiday and the Lo Wu checkpoint will extend its operating hours after “very smooth” negotiations …

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Bank of East Asia targets wealth management and fintech in Greater Bay Area from newly opened Qianhai tower

by Anas Siddiqui
Bank of East Asia targets wealth management and fintech in Greater Bay Area from newly opened Qianhai tower

Bank of East Asia (BEA), Hong Kong’s oldest family-run bank, on Friday officially opened its 18-storey BEA Tower in the Qianhai special economic zone in Shenzhen, as part of its …

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Apple supplier BOE, one of the world’s top display makers, forges US$9 billion deal to build next-generation plant in southwestern China

by Anas Siddiqui
Apple supplier BOE, one of the world’s top display makers, forges US billion deal to build next-generation plant in southwestern China

Apple supplier BOE Technology Group, one of the world’s largest display makers, will set up a 63-billion yuan (US$9 billion) next-generation production complex in Chengdu, capital of southwestern Sichuan province, …

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