Shenzhen

New Business

No cheer for developers as China’s new home sales projected to fall 15% in 2025: Fitch

China’s attempt to revive the local property market has helped stabilise sentiment among homebuyers, according to Fitch Ratings. They are…

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New Business

Opinion | Hong Kong stock market’s best bet is more access to mainland savings

Hong Kong is a key beneficiary of mainland China’s high household savings rate. A spillover of capital into Hong Kong…

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New Business

Huawei’s Mate 70 sales to be limited by ‘modest’ chip update, no Android support: analysts

Sales of Huawei Technologies’ latest flagship Mate 70-series smartphones are expected to fall short of the demand generated by the…

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New Business

Chinese start-up touts robot chefs, AI as the future of restaurant kitchens

Robots can cook dishes as delicious as human chefs, and a Shenzhen start-up is trying to convince the world of…

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New Business

NetEase cuts jobs in Shenzhen as first-person shooting game ‘underperforms’

NetEase, China’s second-largest video gaming company, has cut an undisclosed number of jobs involved in an “underperforming” project that will…

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New Business

Video of a robot leading a mass escape stokes laughs and fears over AI in China

In what looks like a scene from a dystopian nightmare, a robot built by a Chinese start-up was caught on…

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New Business

The View | Trade war under Trump is the last thing China’s housing market needs

In its year-ahead outlook for China’s economy, Goldman Sachs said the “overarching theme” for 2025 will be how policymakers “lean…

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New Business

China’s consumption stimulus debate reignites with no clear answer

After casino hub Macau unveiled fresh cash handouts of 10,000 patacas (US$1,247) to each of its permanent residents to boost…

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New Business

Huawei revenue up by a third in 2024 amid resurgent smartphone sales in China

Chinese telecoms gear giant Huawei Technologies has reported a 34 per cent jump in revenue for the first half of…

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New Business

China’s Silicon Valley benefits from hi-tech focus as output, investment shine

Shenzhen’s hi-tech economic activities have emerged as a bright spot amid China’s sluggish economy, with the southern Chinese city posting…

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