Shenzhen

New Business

Why China’s risky bond rally has put PBOC on the offensive to optimise yields

The rate continued to fall, dipping below 2.1 per cent this month before PBOC intervention sent it back up to…

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Tech

Guangdong’s AI industry reaches US$25 billion as province competes with Beijing, Shanghai

The artificial intelligence (AI) industry in China’s southern Guangdong province grew to 180 billion yuan (US$25 billion) in 2023, according…

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Tech

Hong Kong’s fintech body eyes bigger plans in Greater Bay, stronger links with Shenzhen

Hong Kong’s fintech community is expanding its size and scope of programmes as opportunities from the Greater Bay Area (GBA)…

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Tech

Foxconn adds 50,000 workers in Zhengzhou plant as it prepares for Apple’s iPhone 16 launch

Foxconn is hiring more shift workers with higher wages at the world’s largest iPhone factory in the Henan provincial capital…

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Tech

Tencent super app WeChat strikes fine balance as everyday tool and public-service platform

Super app WeChat, operated by video gaming and social media giant Tencent Holdings, continues to strike a delicate balancing act…

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Tech

Intel launches new chip to power Chinese carmakers’ advanced in-vehicle AI initiatives

Intel has launched a new graphics processing unit (GPU) for cars in mainland China, as the US chip giant doubles…

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Tech

Shenzhen launches ‘one-stop shop’ to help foreign talent work at Hetao cooperation zone

The Shenzhen side of a joint cooperation zone on the border of Hong Kong and the southern tech hub has…

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New Business

Swire Pacific, Wharf results dragged down by Hong Kong, China property markets

The subdued office rental market hit Swire Pacific’s property unit Swire Properties, where underlying profit fell 8 per cent year…

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New Business

Shenzhen joins Chinese local governments taking unsold homes off developers’ hands

Shenzhen has become the first tier-1 Chinese city to buy up unsold homes, joining several other local governments that heeded…

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Tech

Tencent beefs up range of content on super app WeChat by adding breaking news alerts

According to screenshots cited in the reports, some WeChat users received breaking news alerts on weather, finance, politics and the…

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