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Xiaomi skips ahead to ‘17’ smartphone series to take on iPhone 17 in heated Chinese market

Chinese tech giant Xiaomi will skip directly to the Xiaomi 17 smartphone series after last year’s Xiaomi 15 line-up in…

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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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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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Yunfeng Financial invests US$44 million in ether amid Hong Kong’s virtual asset push

Yunfeng Financial Group, backed by Alibaba Group Holding founder Jack Ma, said it was investing in the cryptocurrency ether as…

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JD.com’s property unit joins 2 firms in a US$1 billion Singapore Reit, sources say

The property investment arm of Chinese e-commerce giant JD.com and two other firms plan to launch a Singapore-based real estate…

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Hong Kong stocks fall for a third day, hurt by Meituan profit slump, Nvidia outlook

Hong Kong stocks fell on Thursday as the price wars in the food delivery and electric vehicle (EV) sectors and…

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Temasek fine tunes Chinese stock portfolio as PIF exits Alibaba in sovereign fund tweaks

Two of the world’s largest sovereign wealth funds have adjusted their stakes in Chinese equities, trimming their exposure to technology…

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Hong Kong stocks sink as mainland China economic data, earnings reports trigger sell-off

Hong Kong stocks posted the first back-to-back decline in two weeks on Friday after China’s July economic data fell short…

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World’s top hedge fund Bridgewater dumps all China stocks in retreat from market

The world’s largest hedge fund, Bridgewater Associates, sold all of its holdings in US-listed Chinese companies in the second quarter,…

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New Business

Alibaba tops Meituan’s China on-demand delivery, fuelled by 1 million cups of tea daily

Orders on Alibaba’s instant commerce channel Taobao Shangou topped 100 million on Thursday, 20 million fewer than Meituan. After Meituan…

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