37 h. ago Hong Kong’s finance chief warns of market volatility, pledges support for families

Hong Kong’s capital market is likely to experience significant fluctuations this year owing to intensifying geopolitical risks, the city’s finance chief has warned, stressing the need for caution in financial management. Six weeks before the government unveils its annual budget, Financial Secretary Paul Chan Mo-po pledged to consider whether there is scope to adjust child allowance to encourage more births, after a Post report revealed that Hong Kong’s registered births hit a record low last...

Events

1 week ago Capital marks progress in decadelong fight against air pollution

Capital marks progress in decadelong fight against air pollution  China Daily

Politics

1 week ago Hong Kong to boost tech and financial services integration amid AI boom: Paul Chan

Hong Kong’s finance chief has pledged to further integrate financial services with technology innovation to foster a thriving ecosystem, following a surge in investor interest in artificial intelligence-related stocks during the first trading day of the year. Financial Secretary Paul Chan Mo-po on Sunday also emphasised Hong Kong’s role as an international capital market in fuelling the growth of frontier mainland Chinese tech firms with the city’s funding and liquidity. “We welcome these...

Politics

1 week ago Hong Kong to boost tech, financial services integration during AI boom: Paul Chan

Hong Kong’s finance chief has pledged to further integrate financial services with technology innovation to foster a thriving ecosystem, following a surge in investor interest in artificial intelligence-related stocks during the first trading day of the year. Financial Secretary Paul Chan Mo-po also stressed on Sunday the importance of Hong Kong’s role as an international capital market in fuelling the growth of mainland China’s frontier tech firms using the city’s funding and liquidity. “We...

Politics

2 w. ago ByteDance to pour US$14 billion into Nvidia chips in 2026 as computing demand surges

ByteDance plans to spend about 100 billion yuan (US$14 billion) on artificial intelligence chips from Nvidia in 2026, a hefty increase from roughly 85 billion yuan in 2025, if the US company is allowed to sell its H200 graphic processing units in China, according to people familiar with the matter. The budget, which could change, is part of the Beijing-based unicorn’s ambitious capital spending plan in AI for 2026. The company, with a private market capitalisation of US$500 billion, has built up...

Politics

2 w. ago Hong Kong bond markets, yuan issuance to expand in 2026 under HKMA, SFC road map

Hong Kong is expected to see a rise in bond issuance across multiple currencies in 2026, driven by rising demand for non-US dollar assets amid geopolitical tensions and government initiatives to strengthen the city’s capital markets, according to industry players. As part of efforts to promote the local bond market, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) launched a blueprint in September to expand yuan-linked products and widen the investor base...

Politics

3 w. ago Top PLA Air Force duo miss key military event led by Xi as corruption fight rolls on

Two top PLA Air Force officers have become the latest military brass to miss a key political event, as the anti-corruption campaign in the Chinese military continues unabated. Footage broadcast by state television CCTV indicated that General Chang Dingqiu and Guo Puxiao, Air Force commander and political commissar, respectively, were not present at a ceremony on Monday to fill top-level vacancies caused by the sweeping crackdown. The event in Beijing was led by President Xi Jinping, who is also...

Events

3 w. ago China’s Deep Robotics joins IPO rush as embodied intelligence sector heats up

Deep Robotics, a Hangzhou-based maker of quadruped and humanoid robots, has taken the first formal step towards a mainland stock market listing, becoming the latest Chinese start-up to join a year-end rush into capital markets. The company had entered its initial public offering (IPO) “guidance” phase, according to information published by the China Securities Regulatory Commission on Wednesday, December 24. The preparatory work was scheduled to be completed by June next year. The move made Deep...

Events