Hong Kong is expected to serve as iFlytek’s launch pad to expand overseas, with a focus on the Middle East and Southeast Asia.
The Microsoft Windows outage that affected foreign businesses and luxury hotels in China on Friday left the country’s key infrastructure unaffected.
Western chambers of commerce in China, hoping for sweeping pro-market reforms from the third plenum, will have to keep waiting after an initial summary suggests little in the way of sea changes.
The stock market was let down in its search for short-term fixes, as the benchmark index declined in Hong Kong after the communique. The yuan extended the deprecation against the US dollar and the yield on China’s government bonds drifter lower.
Hong Kong stocks tumbled on Friday after China’s third plenum announcement was light on details about measures to boost economic growth.
After assigning a ‘decisive role’ to the market in previous meetings, this year’s third plenum communique has removed that wording, leading observers to wonder how the change will play out in policy.
Despite the departure, Alibaba has emerged as one of the most prolific investors in mainland China’s growing artificial intelligence start-up sector.
The fine dining industry in China, once a roaring exemplar of the country’s economic might, is seeing leaner times as customers watch their expenses and put discretionary spending on hold.
Hong Kong’s government raised US$3.2 billion via green bonds denominated in US dollars, euros and offshore yuan in the city’s latest push to establish itself as a sustainable finance hub.
Major Android handset vendors are betting on foldable, artificial intelligence-powered models to compete with Apple ’s iPhone in the high-end segment of the smartphone market.
The Chinese premium EV start-up backed by Renault and state-owned Dongfeng Motor has signed agreements with supply chain partners and financial institutions to accelerate its aim of establishing the first ‘Made in Hong Kong’ car brand.
In an internal letter, Zong blames her resignation on the district government and some shareholders who questioned her legitimacy as the company’s leader.
BMW’s decision to stop offering discounts could trigger others like Audi and Mercedes-Benz to follow suit as mainland China’s price war hurts automakers’ financials.
The government’s target of doubling the per capita GDP to US$30,000 means there is enough growth potential, Zhang Kun says in his fund’s quarterly report.
Hong Kong tech stocks clawed back losses posted amid concerns about further US restrictions on chip sales to China.
Large language models are ‘bad at maths’ and can only predict answers based on training data, according to Zhejiang University researcher Wu Yiquan.
Rising inflows into CSI 300-linked ETFs have fanned speculation that China’s state buyers are probably trying to prop up sentiment, analysts say.
Shenzhen plans to have 20 driverless buses on the road by the end of 2024, which comes amid safety and job loss concerns over autonomous driving tech.
Great Wall Motor, mainland China’s largest SUV maker, will suspend production of its “Tank” branded vehicles for a week at the end of this month, citing extreme weather as the country’s northwest and eastern regions grapple with a brutal heatwave.
The latest initiative by Huawei, the world’s largest telecoms equipment supplier, shows its focus on expanding into industrial solutions.
Jinko Solar, TCL Zhonghuan and Envision Energy will join Saudi Arabia’s Public Investment Fund and a private firm to expand their global footprints amid US and EU trade barriers and competition at home.