Year of the Snake

New Business

Geely, Xpeng EV models threaten market leaders with cheaper, more intelligent cars

Two electric vehicle (EV) models targeting middle-income consumers in mainland China with lower prices have emerged as Tesla’s strongest rivals,…

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As trade war threats rain down, Premier Li says China must ‘turn pressure into motivation’

With the United States slapping an additional 10 per cent tariff on all Chinese goods this week, Beijing is looking…

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Slow start for Hong Kong’s first new property launch in Year of the Snake

Hong Kong’s first launch of new homes in the Year of the Snake got off to a slow start with…

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Opinion | DeepSeek’s US tech rout kicks off 2025’s game of snakes and ladders

As China celebrates the Year of the Snake, the first lai see (red packet) was the revelation of DeepSeek’s artificial…

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Hong Kong keeps base rate steady at 4.75% as monetary policy takes a breather after 3 cuts

Hong Kong’s monetary authority kept its key interest rate unchanged in lockstep with the US Federal Reserve, taking a breather…

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Alibaba launches new AI model targeting rival DeepSeek, China’s hottest start-up

In a statement posted on WeChat, the e-commerce giant’s cloud computing and AI arm Alibaba Cloud said its new Qwen…

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Dancing kings: Unitree humanoid robots, backed by Alibaba tech, delight Spring Gala show

Chinese robotics company Unitree, backed by Alibaba Cloud technology, showed off the dancing skills of its general-purpose H1 humanoid robots…

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Year of the Snake: from fireworks to cash, Hong Kong banks vie to lure mainland visitors

Hong Kong lenders, intent on enticing visitors from mainland China to open new accounts during the Lunar New Year festive…

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Year of the Snake: gold’s ascent to record highs to dampen jewellery sales

Gold jewellery sales are expected to continue to decline in the Year of the Snake, as record-high prices of the…

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New Business

Year of the Snake: ANZ expects Hong Kong’s economy to benefit from capital flow, rate cut

Beijing’s recent measures will lead to more capital flows into Hong Kong equities, becoming a key driver of the city’s…

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