geopolitical tensions

New Business

HSBC to back Chinese companies in their global expansion plans, CEO Elhedery says

HSBC Holdings, one of Europe’s largest banking groups by assets, has pledged to support companies from mainland China in their…

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ICBC Asia backs Hong Kong developers with stable loan support amid sector’s challenges

ICBC (Asia) sees no undue risk in lending to Hong Kong’s large property developers and will also continue to write…

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Wharf swings to 2024 loss as mainland China write-downs add to sales slump, office glut

Wharf (Holdings) swung to a loss last year after the commercial property developer wrote down the value of its projects…

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China develops new high-protein corn to replace foreign soybeans

Chinese agricultural scientists are developing new strains of protein-rich corn that can serve as a substitute for soybeans in animal…

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CK Hutchison’s surprise sale of global ports sends stock surging amid unfolding trade war

The company announced overnight that it would sell 80 per cent of Hutchison Port Group which owns 43 container ports…

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Hong Kong developer Sino Land reports 30% earnings drop, points to full pipeline

Major Hong Kong developer Sino Land reported a more than 30 per cent drop in earnings for the first half…

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Heating up down under: Chinese buyers are buying more expensive properties in Australia

Mainland Chinese demand for Australian real estate is surging and investors are buying more expensive properties, according to agents. If…

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Henderson Land to launch 12 projects with 5,400 units this year, citing market optimism

Henderson Land Development said on Tuesday it would launch 12 projects with 5,400 units this year, with the belief that…

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Year of the Snake: gold’s ascent to record highs to dampen jewellery sales

Gold jewellery sales are expected to continue to decline in the Year of the Snake, as record-high prices of the…

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SenseTime plans to spin off healthcare platform in effort to capitalise on advanced LLMs

Hong Kong-listed SenseTime is set to spin off its healthcare platform to facilitate growth, capitalising on the rapid advancements in…

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