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New Business

Hong Kong stocks slide most in a week on soft China economic data, fading US rate cut bets

Hong Kong stocks fell by the most in a week, triggered by China’s sluggish economic data, uncertainty over an interest-rate…

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Tencent posts 19% jump in third-quarter profit on AI-related gains, beating estimates

Revenue for the Shenzhen-based firm reached 192.9 billion yuan (US$27.1 billion), up from 167.2 billion yuan in the same period…

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China warns against abandoning traditional sectors in economic transition

Developing China’s “new quality productive forces” – a growth model championed by Beijing that emphasises technological breakthroughs and industrial upgrades…

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Opinion | Amid fragile markets, how to predict when the bubble will burst?

Economist Paul Samuelson famously quipped that stock markets accurately predicted nine of the last five recessions. The same could be…

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Hong Kong roars ahead as top wealth hub, overtaking Singapore

Hong Kong has seen a sharp increase in wealthy clients opening accounts to manage their assets this year, surpassing other…

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Shenzhen police busts syndicate selling counterfeit Infineon and Texas Instruments chips

Police in Shenzhen, the technology hub in southern China’s Guangdong province, have smashed a syndicate selling counterfeit imported chips to…

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Exclusive | From boardrooms to hiking trails: HKMA courts top bankers with business and leisure

In an effort to promote a more vibrant image of Hong Kong, the countryside and hiking trails will be showcased…

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HKEX vets 300 listing applications after city becomes the world’s largest IPO market

Bonnie Chan Yiting, CEO of HKEX, on Wednesday said at an event in Shanghai that Hong Kong has more than…

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Explainer | China has a new 500 billion yuan ‘financial instrument’. How will it be used?

China’s top economic planner, the National Development and Reform Commission (NDRC), confirmed last month that Beijing was setting up a…

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Nvidia chief holds onto hope for policy change as China market share drops to 0 from 95%

Nvidia founder and CEO Jensen Huang said the company’s position in China has dropped from 95 per cent of the…

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