Hong Kong

New Business

China’s Gen Z consumers drive rise in homestay bookings to ring in the new year

More young Chinese consumers are opting for bed-and-breakfast stays at private villas to ring in the New Year, drawn to…

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New Business

Meta’s multibillion Manus buyout draws plaudits, but raises spectre of a China AI exodus

Meta Platforms’ multibillion-dollar acquisition of Manus, a Chinese-founded artificial intelligence agent start-up, has set off a mix of excitement and…

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New Business

Nexperia, Wingtech set for fresh face-off in January with US$8 billion at stake

Dutch chipmaker Nexperia and its Chinese parent, Wingtech Technology, are set for another showdown in early 2026, as the legal…

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New Business

Exclusive | US anti-piracy firm Vobile snaps up top floor of Bank of America Tower at steep discount

Vobile Group, a US-based technology firm that helps Hollywood studios protect and monetise online video, has bought the top floor…

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New Business

End of an era: Hang Seng Bank to leave Hang Seng Index after 53 years if buyout passes

Hang Seng Bank will be removed from the Hang Seng Index after the close on January 14 if shareholders approve…

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New Business

China’s Shenzhen targets AI in ‘every household’ as US tech rivalry heats up

Shenzhen, China’s top tech hub, plans to roll out what it calls “full-suite, full-time” adoption of artificial intelligence (AI) across…

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New Business

Hong Kong developer SHKP nudges up prices on latest Sierra Sea flats on offer

Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer, has priced the next batch of units on offer at its…

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New Business

China-founded AI-agent start-up Manus acquired by Zuckerberg’s Meta for ‘billions’

A China-founded start-up that specialises in artificial intelligence agents was acquired by US tech giant Meta Platforms for billions of…

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New Business

China’s Zhipu AI launches US$560 million share sale as Hong Kong’s IPO tech race heats up

Chinese artificial intelligence firm Zhipu AI kicked off a share sale on Tuesday to raise HK$4.35 billion (US$560 million), moving…

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New Business

China’s Hainan hosts duty-free shopping spree under new customs regime

A customs scheme covering the entirety of Hainan, China’s southern island province, appears to have triggered a surge in consumption…

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