Shenzhen

New Business

Sino Land wins Tuen Mun land tender with HK$1 billion bid amid an improved housing market

The transaction, which marked the Hong Kong government’s first residential plot sale this financial year, involved a site at Hoi…

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New Business

Singaporean semiconductor equipment maker ASMPT to close Shenzhen plant, axe 950 workers

Singapore-based ASMPT, which makes semiconductor assembly and packaging equipment, will close its factory in Shenzhen and lay off 950 workers…

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New Business

China property: Shanghai, Shenzhen could drop buying curbs after surprise Beijing move

Beijing’s surprise move to lift home-purchase restrictions in outlying areas will help stabilise housing prices in the capital by next…

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BYD coaxes first-car buyers to go electric with an EV that’s 30% less than Tesla’s Model 3

Chinese electric vehicle (EV) manufacturer BYD is targeting first-time buyers in Hong Kong with the launch of a competitively priced…

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New Business

China aims for its brain-computer interface firms to rival Elon Musk’s Neuralink

Chinese brain-computer interface (BCI) companies, such as Nanjing Panda Electronics and MicroPort NeuroScientific, are benefiting from supportive policies, as the…

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New Business

China’s property slump may be bottoming, as analysts point to hopeful signs of recovery

China’s slumping property market may finally be reaching a bottom, as credit has resumed flowing to developers while the nationwide…

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DFI to cut Wellcome’s prices to compete with Shenzhen for Hongkongers’ grocery trolleys

For the boss of Hong Kong’s largest retail chain – which operates Wellcome, Mannings and 7-Eleven – the key to…

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China’s youth seek stability over entrepreneurship as economy lags

In a departure from the “mass entrepreneurship and innovation” encouraged among China’s youth in the 2010s, in a new survey…

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Working in Hong Kong, living in Shenzhen: why people are making move to mainland city

At 8.30am on Monday, 24-year-old Lisa Sun leaves her flat in Shenzhen and begins her long commute to work. It…

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New Business

Chinese shoppers in Shenzhen can now rent a customised robot alongside their groceries

A store near a bustling shopping centre in the southern Chinese city of Shenzhen feels more like a small robotics…

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