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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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New Business

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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New Business

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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New Business

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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Hong Kong’s IPO boom awaits in 2025 as regulatory boost, interest rates align, bankers say

The outlook for Hong Kong’s initial public offering (IPO) market is expected to brighten next year on the back of…

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New Business

Luckin Coffee’s entry into Hong Kong a sign of mainland Chinese brands’ growing dominance

Mainland Chinese brands are ramping up their presence in Hong Kong, using the city to test the waters before foraying…

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