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A view of Shanghai K11 Art Mall. Photo: Handout
China property

Hong Kong’s New World gets nod to spin off K11 Shanghai assets

Shanghai listing of Reit worth US$570 million will ‘recycle capital for more value-accretive projects’, analyst says.

Wealth management

Can Hong Kong win the race to manage Asia’s next generation of wealth?

CATL

Despite stock stress, CATL set to retain EV battery dominance in China: analysts

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Hong Kong property

Once the world’s most-visited city, Hong Kong now converts hotels to dorm rooms

As the city positions itself as a global education hub, hotels are being converted into premises for student occupation.

A view of Victoria Harbour with Central Plaza and the Hong Kong Convention and Exhibition Centre in Wan Chai in the background. Photo: Dickson Lee
A view of Victoria Harbour with Central Plaza and the Hong Kong Convention and Exhibition Centre in Wan Chai in the background. Photo: Dickson Lee
World Gold Council

As China’s consumption of gold jewellery slumps 34%, sellers pivot abroad: WGC

Domestic gold jewellers are seeking to leverage advanced crafting techniques as market sees turbulence, says World Gold Council executive.

Semiconductors

Chinese AI chipmaker Hygon plots expansion to robotics market

New chip targets range of physical AI applications, where machines interact directly with their environments.

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Semiconductors

China’s CXMT touts new chip process as close to ‘world’s most advanced’

Fifth-generation process narrows gap with global leaders Samsung and SK Hynix as the DRAM maker shows two 24-gigabit chips.

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The logo of memory chipmaker CXMT appears on the company’s production facility in Beijing on July 29, 2026. Photo: Reuters
The logo of memory chipmaker CXMT appears on the company’s production facility in Beijing on July 29, 2026. Photo: Reuters
China property

Will incentives give China’s housing market more than a short-lived rebound?

Sales of new units in cities like Shanghai and Shenzhen have risen following central government moves designed to revive buyer confidence.

China consumption

How Perfect Diary owner Yatsen plans to give its business a glow-up

The Chinese beauty firm has snapped up a string of overseas skincare brands, but it now plans to focus on expanding its existing portfolio.

Electric & new energy vehicles

Tesla auditing Chinese suppliers ahead of Optimus roll-out: sources

The supplier audits come as Elon Musk’s firm aims to quickly ramp up production of its Optimus humanoid robot after its release later this year.

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A Tesla humanoid Robot and Model Y electric vehicle are displayed in a store in Beijing. Photo: EPA
International Property

Asia-Pacific firms divided on how AI will impact office space demand: survey

AI currently has a more significant impact on office operations than on real estate requirements, CBRE says.

Some 25 per cent of respondents say AI adoption will require them to expand their office footprint, according to CBRE. Photo: Sun Yeung
Some 25 per cent of respondents say AI adoption will require them to expand their office footprint, according to CBRE. Photo: Sun Yeung
Biomedicine: Policy

Biomedicine powerhouse: China targets quarter of global first-in-class drugs

New five-year plan aims to turn the sector into a pillar industry by 2030, driven by breakthroughs in technologies across critical fields.

Banking & finance

Double blow as top HSBC bankers lose education perk as job fears mount: sources

HSBC axes education benefits worth up to HK$300,000 as integration with Hang Seng Bank threatens jobs – but investors stay upbeat.

Biomedicine: Companies

ByteDance spin-off Anew Labs raises US$290m amid AI drug design fundraising boom

As AI’s role in drug design advances rapidly, Chinese start-ups are ramping up fundraising efforts.

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AI is increasingly being used in the design of novel drugs. Photo: Shutterstock Images
Retailing

How major sporting events are becoming part of Hong Kong’s mall retail playbook

Mall operators are expanding sports-themed campaigns and experiences as retailers fight for consumer attention.

Malls use major sporting events to draw visitors and support tenant sales. Photo: Sun Yeung
Malls use major sporting events to draw visitors and support tenant sales. Photo: Sun Yeung
China consumption

Pets and personal touches: how China’s luxury hotel market is changing

Today’s Chinese guests expect hotels to offer cultural experiences, personalised touches and a pet-friendly environment, Hang Lung director says.

Artificial intelligence

China’s Z.ai raises revenue target 25% after US$5 billion cash injection

The AI firm said its computing power bottleneck was no longer a ‘primary constraint’ thanks to its fresh US$5 billion war chest.

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Artificial intelligence

As appetite for US rivals grows, global funds flock to China’s Moonshot: sources

Start-up draws intense international interest through offshore vehicles chasing alternatives to US systems, insiders say.

Moonshot has seen mounting interest from overseas players ranging from European investment firms to Middle East family offices. Photo: Reuters
Moonshot has seen mounting interest from overseas players ranging from European investment firms to Middle East family offices. Photo: Reuters
ByteDance

How ByteDance’s AI-enhanced short-drama app leapfrogged Chinese streaming giants

Acknowledging format’s popularity, award-winning director Jia Zhangke defends short dramas as valid art that can move audiences.

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Hong Kong property

Singapore-led Southeast Asian buyers expand Hong Kong commercial property assets

Southeast Asian capital, led by Singapore, now eclipses mainland Chinese as the city’s leading non-local commercial property investors.

Wealth management

Wrise Prestige accelerates mainland China expansion with new offices, AI lab

The wealth management firm has invested HK$30 million in AI-related development as it focuses on scaling up its business on the mainland.

Henry Shin, CEO of Wrise Prestige, poses for a photo during a media briefing in Hong Kong. Photo: Handout
Automotive industry

Chinese carmakers GAC and FAW eye potential tie-up of their Toyota operations

The planned deal is seen as a precedent for cross-regional consolidation amid China’s efficiency push, analysts say.

An Aion electric SUV from Chinese automaker Guangzhou Automobile Group. Photo: Xinhua
An Aion electric SUV from Chinese automaker Guangzhou Automobile Group. Photo: Xinhua
IPO

Forms Syntron draws Hong Kong’s next-gen tycoons in HK$940 million IPO

Business heirs are moving beyond property into cutting-edge tech and digital finance companies as the city’s IPO market rebounds.

China shipbuilding

Cosco Shipping arm clears China IPO path amid global shipbuilding boom

Supply chain stress and transit detours boost China’s shipbuilding orders, setting stage for Cosco Shipping Heavy Industry’s listing.

Greater Bay Area

Data from Greater Bay Area residents to help improve healthcare policy: GSK

Executive says pharmaceutical company is investing in shared data infrastructure.

GSK’s general manager for Hong Kong and Macau, Nicholas Teo, at the Hong Kong International Biotechnology Conference and Exhibition on Thursday. Photo: Jonathan Wong
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