Shenzhen

New Business

China needs to trim housing glut as priority to repair confidence, analysts say

China’s beleaguered housing market is likely to endure another chastening year as some analysts forecast home prices to weaken further…

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New Business

Allan Zeman’s Lan Kwai Fong Group plans major entertainment hub in Xian

Hong Kong’s Lan Kwai Fong Group plans to establish an entertainment zone in the key Silk Road city of Xian,…

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Hong Kong developer NWD’s shares slump amid slow progress on cutting debt

New World Development (NWD) shares are down nearly 30 per cent since a new CEO was appointed in November and…

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Chinese smartphone maker Honor targets Indonesia’s growing appetite for premium handsets

Shenzhen-based Honor, which was spun off in 2020 as an independent company by Huawei Technologies, expects to launch more than…

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Apple, smartphone peers lose ground in China market amid Huawei comeback

The market share of foreign smartphone brands in China, mainly Apple, has plunged by nearly half from a year ago,…

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Chinese autonomous-driving tech firm Pony.ai eyes robotaxi services in Hong Kong

Based in Guangzhou, Pony.ai said it seeks to provide “robotaxi commuting services” for airport staff within the Hong Kong International…

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China’s fusion of fireworks and drones reignites world’s oldest firework industry

The swarm of drones soared upward carrying a bright and beautiful surprise in the small Chinese city of Liuyang. In…

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‘Making the impossible possible’: Huawei’s Meng Wanzhou lauds US-sanctioned firm’s 2024

Over the past six years, Huawei “experienced countless moments of darkness, uncertainty and defeat”, but has also seen “one miracle…

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Huawei slashes prices in fight for China’s high-end smartphone market share

Chinese tech giant Huawei Technologies has slashed prices for a range of high-end handsets in new efforts to boost sales…

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China’s GenAI market continues to heat up as Beijing records more LLM filings

Beijing added 11 new generative artificial intelligence (GenAI) services set for public release, as the nation’s capital continues to burnish…

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