3 h. ago HKEX vets 300 listing applications after city ascends as world’s top IPO market

Bourse operator Hong Kong Exchanges and Clearing (HKEX), which topped this year’s global rankings as the largest initial public offering (IPO) market, said the city continued to see strong momentum, as it vets hundreds of new listing applications. Bonnie Chan Yiting, CEO of HKEX, on Wednesday said at an event in Shanghai that Hong Kong has more than 300 companies in the listing pipeline, which would ensure another strong quarter for fundraising in the city. “International investors have been...

Economics

5 d. ago Apple’s iPhone Air sells out in China after CEO Tim Cook’s visit

Apple’s iPhone Air sold out within minutes of its launch in China on Friday, underscoring the device’s popularity among Chinese consumers despite competition from Android devices. The strong sales followed CEO Tim Cook’s visit this week to promote the product in the world’s largest smartphone market amid ongoing geopolitical tensions between China and the US. As chairman of an advisory body at Tsinghua University’s management school, Cook also met Vice-Premier He Lifeng on Thursday. Pre-sales...

Society

1 week ago NBA looks to China for growth, renewing a foothold in its second

NBA looks to China for growth, renewing a foothold in its second-largest market  CNBC

Politics

1 week ago How China is engineering Asia’s rise as the world’s leading EV factory

After years of rapid expansion, Chinese carmaker BYD saw sales fall for the first time in over five years in the third quarter of this year on an annual basis. Amid fierce competition at home, BYD’s vehicle sales in September alone fell by 5.5 per cent year on year. This comes after a 30 per cent profit drop in the second quarter. The company’s sales and profit drops reflect the fortunes of many other Chinese carmakers as domestic demand for electric vehicles slows. But what does this mean for...

Politics

2 w. ago 880% Sales Surge Makes Britain BYD’s Top EV Market Outside China

880% Sales Surge Makes Britain BYD’s Top EV Market Outside China  Electric Cars Report

Economics

2 w. ago BYD's UK sales jump 880%, making UK the largest market outside China (BYDDY:OTCMKTS)

BYD's UK sales jump 880%, making UK the largest market outside China (BYDDY:OTCMKTS)  Seeking Alpha

Economics

3 w. ago BYD Sales Decline Amid Intense Competition in China’s EV Market

BYD Sales Decline Amid Intense Competition in China’s EV Market  Bloomberg.com

Economics

3 w. ago Warren Buffett exits BYD, Xiaomi recalls more than 100,000 SU7s: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. Warren Buffett exits BYD amid China’s cutthroat EV market Berkshire Hathaway, the investment firm controlled by US billionaire investor Warren Buffett, has liquidated its holdings in Chinese electric vehicle (EV) maker BYD, closing out a 17-year investment run that generated a more...

Events

3 w. ago China’s BYD forecasts exports to top 20% of 2025 sales, SCMP reports By Reuters

China’s BYD forecasts exports to top 20% of 2025 sales, SCMP reports By Reuters  Investing.com

Politics

3 w. ago China's BYD forecasts exports to top 20% of 2025 sales, SCMP reports

China's BYD forecasts exports to top 20% of 2025 sales, SCMP reports  Reuters

Politics

3 w. ago China’s EV king BYD expects international sales to top 20% this year

Chinese electric-vehicle (EV) king BYD expects exports to make up about 20 per cent of its global sales this year, spurred by improved logistics and new model launches. The Shenzhen-based carmaker forecasts 800,000 to 1 million deliveries outside mainland China in 2025, compared with projected total sales of 4.6 million units, said Li Yunfei, the company’s general manager of branding and public relations. “We estimate that the proportion of our overseas sales would hit 20 per cent this year,” he...

Politics

3 w. ago Xiaomi makes ‘bold attempt’ to challenge Apple’s iPhone 17 in China

Xiaomi is resolute in maintaining its lead over Apple in the world’s largest smartphone market, as the Chinese gadget maker goes head to head with the US technology giant with its freshly unveiled flagship handset series, the Xiaomi 17. Speaking after Thursday night’s product launch in Beijing, founder and CEO Lei Jun said “it’s time for everyone to get reacquainted with Xiaomi phones”, adding that the Xiaomi 17 series “has surpassed the iPhone 17 series in many areas”, according to a report...

Politics

4 w. ago US Greer wants Asean to commit to ‘fair and balanced trade’ amid tariff concerns

US Trade Representative Jamieson Greer has called for “fair and balanced trade” with Asean in talks with his counterparts from the bloc, as the region continues to grapple with the prospects of slower economic growth due to the impact of US tariffs, and businesses worry about narrowing access to the world’s largest consumer market. Washington’s trade tsar, who was in Kuala Lumpur to attend a meeting with the economic ministers from the Association of Southeast Asian Nations, said on Wednesday...

Economics

4 w. ago US urges Asean to commit to ‘fair and balanced trade’ amid tariff concerns

US Trade Representative Jamieson Greer has called for “fair and balanced trade” with Asean in talks with his counterparts from the bloc, as the region continues to grapple with the prospects of slower economic growth due to the impact of US tariffs, and businesses worry about narrowing access to the world’s largest consumer market. Washington’s trade tsar, who was in Kuala Lumpur to attend a meeting with the economic ministers from the Association of Southeast Asian Nations, said on Wednesday...

Economics