3 d. ago Trump prevails in US Senate showdown over Venezuela war powers

US President Donald Trump’s pressure campaign to unify his party behind his takeover of Venezuela succeeded Wednesday when all but three Senate Republicans voted to block a resolution opposing further military action in the country. US Vice-President J.D. Vance broke a tie vote in order to stop the resolution. The 51-50 vote followed fiery phone calls from Trump to Republican defectors who last week voted to advance the resolution. Trump’s success in flipping votes effectively ends one of the...

Politics

4 d. ago UBS conveys upbeat note on Chinese stocks in 2026 as global investors seek diversification

UBS Group conveyed a sanguine outlook on Chinese stocks in 2026, as the world’s second-largest economy proved to be an important alternative for global investors seeking to diversify away from US equities, which face headwinds from stretched valuations to jitters about the independence of the Federal Reserve. Chinese stocks are expected to be energised by the nation’s growing innovation capability, greater adoption of artificial intelligence across traditional industries and potential inflows...

Economics

4 d. ago UBS projects rosy view of Chinese stocks in 2026 as investors diversify holdings

UBS projects rosy view of Chinese stocks in 2026 as investors diversify holdings  South China Morning Post

Economics

1 week ago 3 Chinese tech stocks gain in Hong Kong debuts as investors jump on AI, robotics

Chinese start-up Zhipu AI headlined a trio of technology new listings in Hong Kong on Thursday, in a key test of investor confidence in China’s AI industry as it goes head to head with US giants. Shares of the Beijing-based company rose 3.3 per cent to HK$120 at the open from the initial public offering (IPO) price of HK$116.20, valuing the company at HK$52.83 billion (US$6.76 billion). Zhipu raised HK$4.35 billion as it became the first pure-play Chinese developer of AI large language models to...

Economics

1 week ago Not just oil: is Trump’s Venezuela takeover also about critical minerals?

Not just oil: is Trump’s Venezuela takeover also about critical minerals?  South China Morning Post

Politics

1 week ago China’s robotics sector will need 5 years to reach its ‘EV moment’, MetaX investor says

China’s robotics industry may need at least five years before humanoid models reach a similar level of acceptance to electric vehicles, according to private equity firm Hermitage Capital, the latest voice warning of a potential bubble in the sector. The firm, which manages US$1.5 billion in assets, was an early investor in Chinese graphics processing unit designer MetaX Integrated Circuits, whose shares skyrocketed 700 per cent on their debut in Shanghai last month. In an interview with the...

Economics

1 week ago After Trump’s Venezuela takeover, China’s investors prep for Latin American era of anxiety

Chinese companies operating in Latin America are bracing for greater uncertainty rather than abrupt rupture, as Washington moves to reassert dominance in the western hemisphere following the ousting of Venezuelan President Nicolas Maduro, according to analysts. This sense of caution comes amid intensifying US efforts to curb China’s footprint in strategic resources, infrastructure and trade across the region. “There is little doubt that a Trump-style Monroe Doctrine is aimed squarely at...

Politics

1 week ago After Venezuela takeover, Chinese investors prep for era of regional anxiety

After Venezuela takeover, Chinese investors prep for era of regional anxiety  South China Morning Post

Economics

1 week ago After Venezuela takeover, Chinese investors brace for era of regional anxiety

After Venezuela takeover, Chinese investors brace for era of regional anxiety  South China Morning Post

Economics

1 week ago China, Russia say, 'Thank you, America!' after Trump's Venezuela takeover

China, Russia say, 'Thank you, America!' after Trump's Venezuela takeover  The Economic Times

Politics

3 w. ago Has China’s stock market gone from ‘uninvestable’ to ‘irresistible’?

As 2025 draws to a close, Wall Street’s love affair with Chinese equities is in full swing. While the relationship between global investors and China has been a rocky one, market sentiment is now about varying degrees of bullishness. In a panel discussion moderated by JPMorgan at the annual meeting of the Emerging Markets Trading Association earlier this month, some of the speakers said China’s stock market had undergone a shift from “uninvestable” to “irresistible”, especially in the...

Economics

3 w. ago Global investors turn to Chinese AI as Wall Street fears bubble

Global investors turn to Chinese AI as Wall Street fears bubble  Reuters

Economics

3 w. ago Chinese AI chipmaker Biren kicks off bookbuilding for US$624 million Hong Kong IPO

Shanghai Biren Technology has started bookbuilding for its Hong Kong initial public offering (IPO), aiming to raise up to HK$4.85 billion (US$624 million), as Chinese chipmakers rush to list amid rising investor interest. Biren, the mainland’s first graphics processing unit (GPU) developer to go public in Hong Kong, will start trading on January 2 – becoming the first new listing of 2026. The firm was offering 247.7 million shares between HK$17 and HK$19.60 each, according to its exchange filing...

Economics

4 w. ago TikTok reaches new US deal; China’s answer to Nvidia’s A100: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. TikTok reaches deal on new US venture with American investor group In a landmark move that ends years of legal and political uncertainty, TikTok CEO Chew Shou Zi informed employees that the company has signed a binding agreement to divest its US entity into a joint venture controlled by a consortium of American investors. 2. Chinese team builds optical chip...

Politics