mainland China

New Business

Meituan’s daily orders hit record 150 million amid heated battle with JD.com and Alibaba

Meituan, mainland China’s top on-demand delivery giant, said on Sunday that daily orders on its platform have surged to another…

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New Business

Macau luxury property The 13 Hotel sells for HK$600 million to a local buyer

The 13 Hotel, touted as one of the world’s most expensive hotels, has been acquired for HK$600 million (US$76.43 million)…

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New Business

Former Hong Kong exchange CEO Charles Li aims to list start-up in small-firm financing

Charles Li Xiaojia, the former CEO of Hong Kong’s stock-exchange operator, aims to return to the bourse he once ran…

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New Business

The View | Hong Kong’s stock market has revived but what of the property sector?

Hong Kong needs all the help it can get. Since 2018, the city has suffered one shock after another, preventing…

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New Business

New World-led Deep Water Pavilia makes strong start, sells 17 flats for over HK$1 billion

The developers of a luxury residential project in Hong Kong’s Southern district pulled in more than HK$1 billion (US$128 million)…

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New Business

Chinese biotech firm secures US$6 billion Pfizer deal for cancer drug

Chinese drug maker 3SBio has licensed its new cancer drug to US pharmaceutical giant Pfizer in the largest deal ever…

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New Business

Nvidia CEO Jensen Huang calls US ban on H20 AI chip ‘deeply painful’

Nvidia CEO Jensen Huang said Washington’s plan to stymie China’s artificial intelligence (AI) capabilities by restricting access to its H20…

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New Business

China’s EV price war threatens Nio and Xpeng’s plans to stem losses: JPMorgan

The earnings outlook for Chinese electric vehicle (EV) makers remains cloudy, as their profit margins further decline amid fierce price…

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New Business

Auntea Jenny shares jump 68.5% in Hong Kong debut as traders return to city’s IPO frenzy

Shares of Chinese bubble-tea chain Auntea Jenny surged by two-thirds in their Hong Kong trading debut on Thursday, adding to…

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New Business

Hong Kong’s largest flex-office provider seeks deals with vacant-office landlords

The trend of companies offering flexible working arrangements to retain their top talent, far from a pandemic-era fad, is now…

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