5 h. ago China breaks ground on two additional nuclear reactor units scheduled for construction from January 2026

China breaks ground on two additional nuclear reactor units scheduled for construction from January 2026  Energies Media

Events

21 h. ago Did China, Russia, Iran joint naval drills in South Africa signal a Brics shift?

Last week’s naval drills involving China, Russia, Iran and host country South Africa signalled a shift for Brics beyond its traditional focus on economic cooperation, analysts said, as the US noted it had closely monitored the exercise. However, observers also described the high-profile exercise as largely symbolic, calling it a diplomatic statement of intent rather than a step towards a formal military alliance. The “Will for Peace 2026” drills were launched at a port in Cape Town on January 9...

Politics

43 h. ago ‘Will for Peace’ drills: Brics tests the waters of military cooperation

A week-long naval exercise off the South African coast involving the navies of China, Russia and the UAE has stirred debate over whether the primary purpose of Brics is evolving in the emerging post-Western global order. The exercise, held from January 9 to 16 under the banner “Will for Peace 2026”, was described by host nation South Africa as a routine maritime safety and interoperability operation. Officials said the drills aimed to improve coordination in protecting shipping routes and...

Events

69 h. ago US ambassador to China David Perdue to visit Hong Kong at the end of January, sources say

America’s ambassador to China, David Perdue, will visit Hong Kong at the end of January to speak at a business conference, according to sources. Perdue will address the Goldman Sachs Global Macro Conference Asia-Pacific 2026 on January 27, several people familiar with the matter told the South China Morning Post. They said the envoy was expected to spend “several days” in the city. The US consulate in Hong Kong declined to comment on the matter. But an American diplomat in the city, speaking on...

Politics

5 d. ago Hong Kong corporate governance activist David Webb dies at 60

David Webb, the corporate governance activist renowned for his free public database and his explosive “Enigma Network” exposé that rocked the Hong Kong stock exchange, has died aged 60 of metastatic prostate cancer. A notice posted on one of his social media accounts confirmed his death on Tuesday. He is survived by his wife and two children. “It is with great sadness that we share that David M. Webb MBE passed away peacefully in Hong Kong on Tuesday January 13, 2026 from metastatic prostate...

Events

6 d. ago Foreign Ministry Spokesperson Mao Ning’s Regular Press Conference on January 12, 2026

Foreign Ministry Spokesperson Mao Ning’s Regular Press Conference on January 12, 2026  fmprc.gov.cn

Politics

6 d. ago Hong Kong’s Ma On Shan loses its only cinema amid wave of theatre closures

The only cinema in the Ma On Shan area has shut down, joining the wave of theatre closures in Hong Kong that began during the pandemic. Emperor Cinemas announced on Monday that its branch in MOSTown, a shopping centre in Ma On Shan, had ceased operations on the same day. No reason for the closure was given. “Thank you for your support. Emperor Cinemas (Ma On Shan) will cease operations from 12 January 2026,” the company said in a social media post. The group said all movie vouchers and coupons...

Culture

6 d. ago Hong Kong’s Ma On Shan loses its only cinema amid wave of movie theatre closures

The only cinema in the Ma On Shan area has shut down, joining a wave of theatre closures in Hong Kong that began during the pandemic. Emperor Cinemas announced on Monday that its branch in MOSTown, a shopping centre in Ma On Shan, had ceased operations on the same day. No reason for the closure was given. “Thank you for your support. Emperor Cinemas (Ma On Shan) will cease operations from January 12, 2026,” the company said in a social media post. The group said all movie vouchers and coupons...

Culture

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 ByteDance raises pay, boosts bonuses to retain staff amid AI talent war

Beijing-based ByteDance has raised pay and sweetened incentives as the TikTok owner steps up efforts to retain and attract talent globally, as it makes progress on settling the future of its US business. In an internal letter released to all staff on Friday and seen by the Post, the social media giant said it would lift both the upper and lower limits of compensation packages for staff across all ranks. For its full-year 2025 performance cycle – with reviews starting on January 15, 2026 –...

Events

last month Need for speed: Alibaba ramps up China instant commerce push with Cainiao and Tmall tie

Alibaba Group’s logistics arm Cainiao and online grocery business Tmall Supermarket are teaming up to expand fulfilment infrastructure and speed up deliveries, as the Chinese e-commerce giant ramps up its efforts in China’s fast-growing instant commerce battle to fend off rivals such as JD.com and Meituan. Cainiao will launch new or expand instant commerce warehouses for Tmall Supermarket across 31 mainland Chinese cities by the end of January 2026, it said in a statement on Thursday. Alibaba...

Politics