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New Business

Chinese soda maker Dayao plans Hong Kong IPO to raise up to US$500 million

Chinese soda maker Dayao is gearing up for a Hong Kong initial public offering (IPO) as early as the second…

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New Business

Vocational education woes a hurdle for China’s hi-tech industry ambitions

When Harry Chen graduated from a technical school in Shenzhen with a major in machine design, he spent some time…

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New Business

Smartphone giant Honor names Huawei veteran to lead firm as CEO George Zhao Ming resigns

Chinese smartphone giant Honor’s long-standing chief executive, George Zhao Ming, has resigned owing to personal reasons, according to the company,…

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New Business

Home prices in China’s biggest cities stabilise under Beijing’s stimulus measures

New home prices across mainland China in December registered the smallest month-on-month decline since June 2023, propelled by Beijing’s stimulus…

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New Business

Tech war: China’s TikTok sellers eye Amazon and Shein as US ban looms

Chinese merchants on TikTok are taking precautionary measures to prepare for a looming ban of the short-video app in the…

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Nvidia CEO to visit China amid Beijing’s antitrust probe, US AI chip curbs

Nvidia chief Jensen Huang is embarking on a trip to China this week, visiting major cities at a time when…

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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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New Business

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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