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CK Asset’s first-half profit falls 26% amid Hong Kong property market challenges

CK Asset Holdings, one of the flagship companies owned by billionaire Li Ka-shing’s family, reported weaker-than-expected first-half profit amid a…

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Chinese corporate earnings are likely to support ongoing run for stocks: analysts

The earnings season that is under way is likely to spur a solid run for Chinese stocks, as a sunnier…

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Nvidia’s printed circuit board vendor Victory Giant plans to raise funds in Hong Kong IPO

Nvidia supplier Victory Giant Technology (Huizhou) released plans for a Hong Kong share offering after regulators eased fundraising rules to…

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GSK signs US$12.5 billion licence deal with Hengrui as China rises in global pharmaceuticals

GlaxoSmithKline (GSK) will pay a Chinese company US$12.5 billion for exclusive global rights to develop a dozen drugs, in a…

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China trade talks could include TikTok, Lutnick says

TikTok may come up in trade talks with China next week, but if Beijing does not approve a divestment deal…

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HKMA takes action against 3 banks over money laundering, counterterrorism rules

The Hong Kong Monetary Authority (HKMA) on Tuesday took disciplinary action against three banks for failing to comply with regulations…

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China slams grass-roots mismanagement, shames ‘longevity city’ debacle as a warning

It was a sprawling cultural and tourism project that completely went off the rails, and now Beijing is using it…

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Wahaha heiress Kelly Zong’s inheritance battle puts Chinese family firms in spotlight

Kelly Zong Fuli, chairwoman and CEO of mainland China’s largest soft-drinks producer Hangzhou Wahaha Group, is embroiled in a wealth-inheritance…

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New Business

How easing of AI chip controls could reshape US-China trade talks

The United States’ decision to ease export restrictions on certain advanced chips – part of a broader package of trade…

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Free trade ‘essential’: China’s He Lifeng warns Western reshoring threatens supply chains

China’s top trade negotiator has criticised Western efforts to de-risk and reshore manufacturing, presenting the world’s second-largest economy as a…

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