Huawei’s New Pura 70 Phone Arrives Amid Interest in Chips

asiafinancial.com New high-end phones made by Chinese tech giant Huawei went on sale on Thursday amid interest in the chips they contain. Analysts expect the Pura 70 smartphones, known as the…

Sinking fortunes: Hong Kong falls out of world’s top 10 busiest ports ranking for the first time as volumes slump

scmp.com Shanghai retained the top spot, a position it has held since 2010 when it overtook now second-placed Singapore. In total, six of the top 10 spots were held by mainland…

Timekettle Announces Major Software Update, Launching AI Translation Lab

benzinga.com SHENZHEN, China, April 18, 2024 /CNW/ -- Timekettle, a fast-growing cross-language communication solutions innovator, has announced a significant software update with the…

US-sanctioned Huawei unveils new Pura 70 smartphone series amid speculation over its chip capabilities

scmp.com US-sanctioned Huawei unveils new Pura 70 smartphone series amid speculation over its chip capabilities has announced its highly anticipated new smartphone series, the Pura…

Baidu releases new AI tools to promote application development

cnbc.com SHENZHEN, China – One year after Chinese search engine operator Baidu released its ChatGPT-like Ernie bot, the company this week announced tools to encourage locals to…

ANGEL Announces Xiao Zhan as Global Ambassador, Redefining Trends in Healthy Living with Purified Water

benzinga.com With Xiao Zhan's Endorsement, ANGEL Embarks on a New Era of Purified Water SHENZHEN, China, April 17, 2024 /PRNewswire/ -- World-renowned water purification expert, ANGEL,…

Troubled China Vanke looks to offload 21.4% stake in Singapore logistics firm GLP as it seeks to ease debt burden

scmp.com Vanke had held discussions with parties including state-owned investment company Guangdong Holdings and a Tianjin-based state-owned firm to exit its investment, said the…

POET Augments Investor Outreach Efforts and Announces Management Role Change

benzinga.com TORONTO, April 17, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") PTKPOET, the designer and developer of the POET Optical Interposer™ and Photonic…

Huize Partners with Aviva-COFCO to Launch "Fu Man Jia"

benzinga.com SHENZHEN, China, April 17, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited ("Huize", the "Company" or "we") HUIZ, a leading insurance technology platform connecting…

Chinese walkie-talkie maker Hytera resumes sales of two-way radio products after US court suspends global ban

scmp.com “The company will work closely with global partners to immediately resume normal business activities and initiate the sale of related products,” Hytera said in a filing to…

Million-dollar jobs, travel perks and racy parties vanish as China’s research pullback sends chills through banks and brokers

scmp.com At Guotai Junan Securities, a state-owned brokerage based in Shanghai, several senior analysts recently resigned after deciding not to accept pay cuts and stricter…

Ralph Lauren’s ‘cluster approach’ to growing its business in China, world’s biggest luxury market by 2030

scmp.com “We’re seeing brand perception continue to strengthen, so we think we have a game plan that is working in a market like China,” said its CEO, Patrice Louvet, in an interview…

China's BYD fires up its car offerings to compete with Tesla and Jeep at the same time

cnbc.com BYD unveiled three new cars for its Fang Cheng Bao brand on April 16, 2024, in Shenzhen. This vehicle, the Super 3 SUV, comes with a drone port on its roof. SHENZHEN –…

China is quietly reducing its reliance on foreign chip technology

economist.com From consumer gadgets to cars, China has shown a knack for producing cutting-edge technology. Yet the semiconductors that power the digital economy have proved trickier to…

China’s economic bright spots provide a warning

economist.com If America’s economy begins to deteriorate, people in Ningbo will be among the first to know. The eastern Chinese port, home to 9.6m residents, contains a sprawling…

China's economy saw unexpected 5.3% growth in first quarter, though weak areas remain

pbs.org China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, though signs of weakness in the troubled housing…

Tesla's Chinese Rival BYD Dives Into Luxury SUV Market, Unveiling Super 3 And Bao 8 Models To Rival Jaguar Land Rover

benzinga.com BYD Co., Ltd. BYDDY BYDDF has reportedly intensified its move into luxury SUVs and off-roaders, unveiling two new models to compete against Jaguar Land Rover Automotive Plc.…

China's economy grew 5.3% in first quarter, beating expectations, though weak spots remain

apnews.com China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, though signs of weakness in the troubled housing…

Baidu claims 200 million users for Ernie chatbot, in sign that generative AI investments are paying off

scmp.com A personalised news feed of stories that matter to you Get more with my NEWS Baidu claims 200 million users for Ernie chatbot, in sign that generative AI investments are…

Baidu Says AI Chatbot ‘Ernie’ Has 200m Users A Day

asiafinancial.com Chinese tech giant Baidu said on Tuesday the number of people using its artificial intelligence chatbot “Ernie Bot” has doubled to more than 200 million. ‘Ernie Bot’ is…

GPTBots.AI Unveils Asia's First "On-premise AI Bot Platform"

benzinga.com SHENZHEN, China, April 16, 2024 (GLOBE NEWSWIRE) -- GPTBots.AI, the AI bot creation platform of Aurora Mobile Limited JG, introduces a groundbreaking AI Bot Development…

Asia markets sell off amid Iran-Israel tensions; China's GDP beats expectations

cnbc.com A batch of cars are ready to be shipped to overseas markets at the port of Taicang, Jiangsu province, China, April 9, 2024. Asia-Pacific markets sold off as the world awaits…

China's clampdown on data spreads to real-time stock information

asia.nikkei.com HONG KONG -- Three major exchanges in China plan to stop disclosing real-time trading volume data starting in mid-May, claiming the move is aimed at taming market…

China’s home prices fall for 10th straight month in fresh alarm for stronger policy response, revival plans

scmp.com Prices weakened in 57 of the cities surveyed by the government, versus 59 in February. In the secondary market, prices of existing homes fell in 69 of the 70 cities, versus…

Baidu says its ChatGPT-like Ernie bot exceeds 200 million users

cnbc.com SHENZHEN — Baidu CEO Robin Li said Tuesday the company's ChatGPT-like Ernie bot has exceeded 200 million users. He added the company would hold another round of its AI…

Apple CEO visits Vietnam as supply chain shift stirs unease in China

scmp.com The pledge comes three weeks after Cook wrapped up his visit to China , which remains Apple’s largest production base. During his time there, Cook praised the country’s…

Saudi delegation visits mainland cities, Hong Kong to tout megalopolis Neom and ‘The Line’ city, seek collaboration

scmp.com The visit will also feature an exhibition, “Discover Neom: a New Future by Design”, where Neom’s executive director Tarek Qaddumi will introduce guests to the main projects…

Banle Energy International Limited Supports Yang Ming's inaugural B24 Biofuel Bunkering Services in Yantian, Shenzhen

benzinga.com HONG KONG, April 15, 2024 (GLOBE NEWSWIRE) -- On April 14, 2024, Banle Energy International Limited, a subsidiary of the Banle Group BANL, a reputable marine fuel logistic…

Hong Kong Approves Spot Bitcoin and Ethereum ETFs

coinmarketcap.com Hashkey Capital was founded in 2015 by current CEO Dr Xiao Feng, and is a digital asset platforms and investment fund prominent in Asia. It has $1 billion in AUM and…

Tencent Music Entertainment Group to Report First Quarter 2024 Financial Results on May 13, 2024

benzinga.com SHENZHEN, China, April 15, 2024 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") TME, the leading online music and audio entertainment platform in…

Hong Kong stocks slump to 3-week lows on Middle East tensions, mood cautious ahead of China data dump

scmp.com A personalised news feed of stories that matter to you Get more with my NEWS Hong Kong stocks slump to 3-week lows on Middle East tensions, mood cautious ahead of China data…

As supply chains shift away from China, others get their own economic miracles

scmp.com These supply chains evolved, most prominently in cities like Shenzhen, as companies and industries went from only assembling goods to designing, manufacturing and shipping…

Is It True That Billions of Dollars Could Flow from China to Bitcoin Spot ETFs on Monday? Statement from Chinese Companies

en.bitcoinsistemi.com A number of Hong Kong companies joining the Bitcoin Spot ETF race have denied claims by Matrixport, a Singapore-based crypto services provider, about the potential for…

US sanctions on key Nvidia reseller hasten switch to Chinese alternatives

scmp.com The firms were “involved with providing AI chips to China’s military modernisation programmes” and military intelligence users, Kevin Kurland, an export enforcement official…

Vietnam’s ‘blazing furnace’ sees real estate mogul sentenced to death for $12 billion fraud. It’s the biggest eruption yet in Asia’s volcanic housing bust

aol.com Vietnamese real estate tycoon Truong My Lan has been sentenced to death by a Vietnam court for her involvement in a $12 billion fraud case. It’s one of the most severe…

Fifth Avenue’s Tallest Residential Building, Due in 2025, Opens Sales and Reveals Design Plans

hollywoodreporter.com When 520 Fifth opens next year in Manhattan, due to be the tallest residential tower on Fifth Avenue, residents will live in a classic-luxe property that takes cues from…

Shanghai’s Art021 art fair to launch Hong Kong version in summer 2024

scmp.com With dozens of exhibitors, it is smaller than the city’s Art Basel and Art Central events. It hopes to differentiate itself from more established fairs by focusing on…

Huawei has a new car and PC, but no P70 smartphone as people await next big launch after Mate 60

scmp.com Huawei’s foray into electric vehicles (EVs) is one of multiple new directions the telecoms gear maker has been exploring to diversify revenue in the face of US sanctions.…

Redodo: Empowering Outdoor Enthusiasts to Explore Infinite Possibilities with High-Quality Lithium Batteries

benzinga.com SHENZHEN, China, April 10, 2024 (GLOBE NEWSWIRE) -- Redodo is a leading energy solutions provider dedicated to producing high-capacity lithium batteries that maximize power…

Full bars: China scraps caps on some telecoms services to court overseas capital

scmp.com A personalised news feed of stories that matter to you Get more with my NEWS China has designated areas where limits on foreign investment for select telecommunications…

Can Sino-Arabian business ties replace Sino-American ones?

economist.com WHEN CHINESE and Middle Eastern moneymen meet, it is usually behind closed doors. Last month they mingled openly in the lobby of the Hong Kong Stock Exchange, at the “FII…

What Donald Trump can learn from the Big Mac index

economist.com Little is more symbolic of globalisation than a McDonald’s hamburger. The American fast-food chain opened its first Chinese branch in 1990. The outlet was in Shenzhen, a…

As China’s markets suffer, what alternatives do investors have?

economist.com Some foreign investors in China are most worried by the country’s souring relations with the West. Others fret about the unprecedented slump in its property market. Many are…

Swire Properties to close The Opposite House in Beijing, group’s first hotel, as it eyes redevelopment to retail property

scmp.com “The latest plan represents Swire Properties’ long-term commitment to Sanlitun, with another major investment to enhance the retail infrastructure and experience at TLS,”…

Promising sustainability trends in Asia Pacific revealed in Business Sustainability Indices 2023

scmp.com The Chinese University of Hong Kong Business School’s Centre for Business Sustainability (CBS)’s BSI 2023, released last November, unveiled encouraging sustainability trends…

Hong Kong’s IPO market is looking up as pipeline grows, while mainland bourses to struggle amid regulatory curbs: Deloitte

scmp.com While many potential issuers are waiting for a rebound in market valuations, certain companies are committed to listing in Hong Kong based on their pressing fundraising…

Asian Markets Mixed as Yellen Concludes China Visit, European Stocks Gain

barrons.com Asian equity markets diverged on Monday. Chinese mainland stocks lagged behind gains in other areas, as U.S. Treasury Secretary Janet Yellen pushed a tough message on trade…

HKEX reaches out to Saudi, Indonesian companies in move to broaden IPO targets in emerging markets

scmp.com The stock exchange added the Saudi Exchange, or Tadawul, and the Jakarta Stock Exchange as “recognised” bourses last year, creating a shortcut for companies traded on both…

MPF: Hong Kong retirement fund delivers 2.47% gain in first quarter with super rallies in US, Japan equity markets

scmp.com The MPF generated an average return of 2.47 per cent, compared with 4.1 per cent in the same quarter last year. It scored 3.5 per cent in 2023, halting two years of…

Hong Kong stocks up after US-China talks triggers cautious optimism, data eyed

scmp.com Investors are tracking China’s visit US Treasury Secretary Janet Yellen , who met with Chinese Premier Li Qiang to talk about issues including industrial overcapacity. The…

Xiaomi’s maiden EV, selling at a loss, turbocharges price war forcing China’s small players out of business

scmp.com The three variants of the SU7 are priced at 215,900 yuan (US$29,850), 245,900 yuan and 299,900 yuan. The SU7, with a driving range of 700 kilometres, has locked in more than…

How SoftBank-backed Firework aims to help Chinese merchants sell overseas

scmp.com “We see a challenge with the Chinese DTC (direct-to-customer) retailers,” Luk, who has lived and worked in the United States for 24 years, told the South China Morning Post…

Sales spike for China’s pre-owned homes points to property recovery: analysts

scmp.com While sales declined 13.1 per cent compared to 2023 – partly due to a high base because pent-up demand caused sales to spike after China scrapped its Covid lockdown rules in…

Google sues Chinese app developers, claims thousands duped in pig-butchering scam

dlnews.com Google is suing a pair of Chinese software developers for allegedly creating fake crypto applications downloaded by more than 100,000 people. The apps included bogus crypto…

Google sues app devs, claims they're Play Store crypto scammers with 100k+ victims

theregister.com Google is suing two Chinese app developers claiming they allegedly spent years creating fraudulent cryptocurrency investment apps that were downloaded from its Play Store.…

China's ambassador outlines ambitious plan to jumpstart economy

newsweek.com As questions loom over the future of the Chinese economy, which is now facing one of its most serious challenges of the century, Beijing's top diplomat in Washington has…

Google sues Chinese developers with lawsuit over ‘pig-butchering’ scams

scmp.com The fraudsters’ scheme also involved initially developing a friendship or romantic relationship with the victims, and then persuading them to make investments through the…