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China’s No 2 carmaker Chery seeks US$1.2 billion in Hong Kong IPO

Chery Automobile, China’s second-largest carmaker by volume, aims to raise as much as HK$9.14 billion (US$1.2 billion) through a Hong…

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New Business

China set for bumper ‘golden week’ travel rush in boost for economy

China is likely to see a bumper surge in travel bookings for the coming “golden week” holiday – one of…

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New Business

Tech war: Tencent pushes adoption of Chinese AI chips as mainland cuts reliance on Nvidia

The Shenzhen-based tech conglomerate’s cloud computing unit, Tencent Cloud, said it was supporting “mainstream domestic chips” in its AI computing…

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New Business

UK’s Sainsbury’s ends talks to sell Argos to China’s JD.com

British supermarket group Sainsbury’s said on Sunday it has terminated talks with Chinese e-commerce giant JD.com over selling the Argos…

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New Business

Exclusive | Cyberport may use Chinese GPUs at Hong Kong supercomputing hub to cut reliance on Nvidia

Cyberport may add some graphics processing units (GPUs) made in China to its Artificial Intelligence Supercomputing Centre in Hong Kong,…

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New Business

Enrolment of Russians surges at Chinese school, turning heads with blonde hair, blue eyes

A Chinese school along the border with Russia has welcomed a large batch of young Russians, drawing widespread coverage while…

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New Business

South Korea’s ban on foreign homebuyers to cool Seoul prices, Chinese investments

Hongkongers and mainland Chinese had acquired 96,955 properties in South Korea as of May, a 78.5 per cent increase from…

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New Business

Chinese pre-orders for Apple’s iPhone 17 break records amid strong demand

Pre-order sales of Apple’s new iPhone 17 series have got off to a robust start in China, shattering previous records…

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New Business

Why a timely US-China trade deal could hinge on next week’s Madrid meetings

With the fragile US-China trade truce nearing its November expiry date after two 90-day extensions, next week’s talks in Madrid…

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New Business

Why Mexico’s tariff hike on Chinese cars will hit, but not cripple, their competitiveness

Chinese carmakers will likely feel the sting of Mexico’s anticipated 50 per cent tariff on cars imported from Asia, but…

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