Greater Bay Area

New Business

Unitree robotics profitable since 2020, eyes expansion amid high demand

Unitree Robotics, China’s leading manufacturer of robotic dogs, has maintained steady profitability since 2020 and has no immediate plans for…

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New Business

Standard Chartered plans Hong Kong wealth centres to tap US$200 billion of ‘new money’

Standard Chartered will open one wealth management centre a year over the next five years in Hong Kong as part…

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New Business

Eying world-class aviation hubs, China puts jet thrusters on customs clearances

China is elevating plans to enhance how incoming goods pass through customs in the nation’s aviation clusters, with a series…

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New Business

Global funds exit China’s commercial properties with fourth year of net selling

Foreign investors were net sellers in China’s commercial real estate market for a fourth year in 2024, hastening their retreat…

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New Business

China’s Xi Jinping makes tech and private sector appeal on ‘two sessions’ sidelines

Chinese President Xi Jinping has called for better integration of technology and industry, stressing the need to upgrade traditional sectors…

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New Business

Shenzhen’s tech rival, China’s Mach 16 jet fuel engine: SCMP’s 7 highlights

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond…

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New Business

China’s Shenzhen lays down marker for tech investment with US$22 billion pledge

China’s southern tech hub of Shenzhen plans to “fully compete” in emerging sectors such as artificial intelligence, announcing 160 billion…

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New Business

Hong Kong SMEs want funding support amid mounting costs, survey finds

Hong Kong’s small and medium-sized enterprises (SMEs) are seeking funding support and easier loan access, as rising costs have landed…

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New Business

Why wealthy individuals prefer Hong Kong insurance policies for inheritances

Insurance policies were becoming a popular choice for wealthy individuals in Asia, including the Greater Bay Area, for estate planning…

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New Business

Beijing allows Hong Kong banks to issue credit cards on mainland from March 1

Beijing will allow Hong Kong and Macau-domiciled banks to launch a range of services on the mainland including credit cards…

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