Shenzhen

New Business

Guangzhou and Shenzhen, once China’s growth engines, report GDP underperformance

Two cities that have served as economic pillars for China’s southern province of Guangdong appear to be losing steam relative…

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New Business

Why is Shenzhen adjusting China’s first pilot personal bankruptcy scheme?

The southern Chinese tech hub of Shenzhen plans to introduce a stricter supervisory mechanism for debtors who apply for personal…

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New Business

Exclusive | ‘Silver economy’: Hong Kong’s boomers flock to Greater Bay Area to afford retirement homes

The retirement needs of Hong Kong’s baby boomers consist of three pillars: stable income, access to affordable and quality healthcare,…

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New Business

IPO: gold miner Shanjin plans Hong Kong listing amid record prices for precious metal

Shanjin International Gold, one of China’s biggest and most profitable gold miners, is planning a new stock offering in Hong…

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New Business

China’s AI race heats up as Shanghai launches massive subsidy scheme

Shanghai has unveiled an ambitious 1 billion yuan (US$139 million) subsidy programme for the artificial intelligence industry, as the metropolis…

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McDonald’s seeks US$153 million for 8 Hong Kong retail properties in rare asset sale

McDonald’s Corp is selling eight retail properties in Hong Kong with an estimated market value of HK$1.2 billion (US$153 million),…

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Tencent’s new AI-powered programming tool fully automates application development

Tencent Holdings this week commenced beta testing on CodeBuddy IDE, a smart programming tool for software developers that provides artificial…

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China’s Jiangsu province narrows GDP gap with Guangdong as tech sectors fuel growth

The race for China’s provincial economy crown has turned red hot, with Jiangsu closing the gap with Guangdong through tech-driven…

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New Business

China bets on bots: humanoid-robot sales seen gearing up, with adoption push ‘very likely’

To spur the broader adoption of humanoid robots, China may be inclined to offer end-user subsidies as the industry rapidly…

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New Business

Should Hong Kong follow if London opts for 24-hour stock trading? City brokers are divided

A media report overt the weekend saying the London Stock Exchange Group (LSEG) is considering 24-hour trading has raised questions…

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