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Shenzhen

Hong Kong’s Kam Kee Holdings vows to carry on despite closing 11 restaurants this year

by Ron Morgan
Hong Kong’s Kam Kee Holdings vows to carry on despite closing 11 restaurants this year

“There have been times I thought of giving up amid sleepless nights because it was so difficult for me … But the greatest driving force for me to persist is …

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China’s US$1.3 billion of ‘dim sum’ bond sale overbought as appetite grows for yuan debt

by Anas Siddiqui
China’s US.3 billion of ‘dim sum’ bond sale overbought as appetite grows for yuan debt

The Chinese government’s fourth sale of yuan-denominated sovereign bonds in Hong Kong this year was vastly overbought, as investors rushed to take advantage of the yield gap with the mainland …

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Huawei’s cloud services unit sees Asia-Pacific as a vast market for AI products

by Anas Siddiqui
Huawei’s cloud services unit sees Asia-Pacific as a vast market for AI products

Huawei is already working with weather forecasters in Thailand to adopt Pangu LLM, while also collaborating with various industries such as finance to improve efficiency and reduce costs, according to …

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China’s July home prices fall at a slower pace as state support shows ‘some effect’

by Anas Siddiqui
China’s July home prices fall at a slower pace as state support shows ‘some effect’

Home prices across China suffered a 14th consecutive month of decline in July, a sign that authorities’ rescue package has done little to revive sentiment. Prices of new homes in …

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Huawei plans tri-fold smartphone as Apple weighs foldable iPhone, reports say

by Anas Siddiqui
Huawei plans tri-fold smartphone as Apple weighs foldable iPhone, reports say

The foldable smartphone market is set for a big boost amid reports that Apple is preparing a clamshell-style model, while Huawei Technologies may soon launch a tri-folding handset. Apple’s top-down …

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Apple COO meets Shenzhen official to discuss supply chain ahead of iPhone 16 launch

by Anas Siddiqui
Apple COO meets Shenzhen official to discuss supply chain ahead of iPhone 16 launch

A top Apple executive has paid a visit to China’s southern tech hub Shenzhen to speak with the city’s party secretary about supply chains, underscoring China’s importance for the US …

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Greater Bay Area home sales surged in June after property market rescue package

by Anas Siddiqui
Greater Bay Area home sales surged in June after property market rescue package

Cushman expects some 180,000 new homes to change hands in the second half of the year, up from 133,000 in the first six months. This would further narrow the annualised …

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Midea IPO: China’s market regulator approves top appliance maker’s Hong Kong listing

by Anas Siddiqui
Midea IPO: China’s market regulator approves top appliance maker’s Hong Kong listing

Midea Group, the world’s biggest home appliances maker, has obtained approval from China’s market regulator for an overseas initial public offering (IPO), taking it a step closer towards a Hong …

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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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China property: Beijing becomes last major mainland city to ease housing rules

by Ron Morgan
China property: Beijing becomes last major mainland city to ease housing rules

Beijing, China’s capital, has finally joined other major Chinese cities in relaxing home buying restrictions to bolster the property market. The Beijing Municipal Commission of Housing and Urban Development said …

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