60 h. ago US venture capital firm to unload stakes in 40 Chinese tech start

Shares of a few dozen China-based start-ups may be up for grabs as their investor, US venture-capital firm Eight Roads, plans to exit its Chinese technology holdings. The move, reported by Bloomberg on Tuesday, comes as geopolitical tensions and a sluggish Chinese economy prompt some global investors to retreat. Domestic and government-backed funds and financing products would increasingly drive start-up funding in the world’s second-largest economy, analysts said. Fidelity Ventures-backed Eight...

Politics

6 d. ago ‘Don’t kill your successful DNA’: Hong Kong’s John Lee on tariffs, trade war

Hong Kong will not destroy its “successful DNA” and jeopardise its free-port status by retaliating with counter-tariffs on the US even if geopolitical tensions with China escalate further, the city’s leader has promised. Chief Executive John Lee Ka-chiu said his administration had made “contingency plans for the worst” and would increase support for local businesses in finding “blue oceans” in new markets. In an exclusive, wide-ranging interview with the Post to mark the third anniversary of his...

Events

1 week ago XPrize founder Diamandis projects hope for AI, biotech amid US

Peter Diamandis, the entrepreneur behind the XPrize Foundation, has long championed a future of technological promise, building a career on innovation competitions meant to solve grand challenges. But in a recent conversation in Hong Kong, a subtle shift in tone emerged as he addressed the current complexities of global scientific collaboration, clouded by geopolitical tensions and the looming threat of technological decoupling. “One of the things that is important to realise is that human...

Politics

2 w. ago Hong Kong regains favour with investors, companies: Deutsche Bank

Hong Kong’s corporate activity and yuan-driven business have been revitalised as global market participants strengthen ties to China’s economy amid tariffs and geopolitical tensions, according to a senior executive at Deutsche Bank. Companies and investors have increased their exposure to China and hedged against the US dollar as they adjusted their supply chains and portfolios amid market volatility, said Ole Matthiessen, head of corporate banking for Asia-Pacific, Middle East and Africa,...

Economics

2 w. ago China’s market leaders in tech, energy sectors are focus of investors: JPMorgan

Global investors are increasingly turning to China’s global market leaders in the technology and energy sectors to diversify their investment portfolios amid heightened geopolitical tensions and uncertain economic outlook, according to JPMorgan. Funds were not only targeting established firms in industries like car manufacturing, robotics and renewable energy but also capturing opportunities in China’s innovative capabilities as market volatility spikes, said Kwang Kam Shing, Hong Kong CEO and...

Economics

2 w. ago Global inflows to Chinese stocks could become a ‘flood’: Cambridge Associates

Global investors are reassessing their US-heavy portfolios and looking at undervalued equities in Hong Kong and mainland China to “provide defence” amid geopolitical tensions, according to global investment advisory Cambridge Associates. “One of the surprising things this year is that despite the Trump tariffs being very aggressive towards Asia, particularly China, actually equities [in the region] have outperformed,” Aaron Costello, the firm’s head of Asia, said in an interview this week. “Even...

Events

2 w. ago Beijing’s marine science diplomacy can calm South China Sea tensions

The South China Sea has long been a flashpoint in geopolitical tensions, but beneath its contested surface lies one of the planet’s most scientifically compelling marine frontiers. Home to an array of deep-sea ecosystems, hydrothermal vents, underwater mountain ranges and vast coral reef systems, the region is increasingly recognised as a natural laboratory for cutting-edge oceanographic research. Climate change, biodiversity loss and overexploitation are putting mounting pressure on marine...

Events

2 w. ago How China’s maritime strategy is swapping force for research diplomacy

The South China Sea has long been a flashpoint in geopolitical tensions, but beneath its contested surface lies one of the planet’s most scientifically compelling marine frontiers. Home to an array of deep-sea ecosystems, hydrothermal vents, underwater mountain ranges and vast coral reef systems, the region is increasingly recognised as a natural laboratory for cutting-edge oceanographic research. Climate change, biodiversity loss and overexploitation are putting mounting pressure on marine...

Politics

2 w. ago Confidence of EU firms in China was tanking even before tariffs: survey

European businesses’ optimism about growth and profitability in China has hit a record low, overshadowed by economic downturns and rising geopolitical tensions, according to annual survey findings by a leading foreign business association, which called for the full implementation of recently announced measures aimed at improving the business environment. Conducted two weeks before US President Donald Trump returned to the White House in January, the survey of 503 chamber members showed a bleak...

Economics

2 w. ago Record levels of pessimism among EU businesses in China, survey reveals

European businesses’ optimism about growth and profitability in China has hit a record low, overshadowed by economic downturns and rising geopolitical tensions, according to annual survey findings by a leading foreign business association, which called for the full implementation of recently announced measures aimed at improving the business environment. Conducted in January and February, the survey of 503 chamber members showed a bleak outlook even before the China-US trade war intensified in...

Politics

2 w. ago Hong Kong police drop public tender for IT revamp amid geopolitical tensions

Hong Kong police have called off the public tendering process for upgrading the force’s computer and communications systems to ensure their security and supply stability amid heightened geopolitical tensions. According to a Security Bureau document set to be discussed at a meeting of the Legislative Council’s security panel on June 3, the force will instead directly approach suppliers that meet all of its requirements. Tendering procedures were already under way after the government secured the...

Events

2 w. ago Hong Kong can ‘safeguard global health’ by resisting isolationism: leaders

Hong Kong can help safeguard global health through international collaboration at a time when geopolitical tensions are intensifying and protectionism sweeps the world like a contagion, top officials from the city and mainland China have said. At the two-day Asia Summit on Global Health that began on Monday, Hong Kong’s health minister also vowed to turn the city’s third medical school into a new powerhouse of innovation. Delivering an opening speech at the conference attended by over 2,800...

Politics

3 w. ago Hong Kong’s CK Hutchison stresses need for war chest in face of geopolitical tensions

Chairman Victor Li says company must maintain fiscal health, as another senior manager stresses US$23 billion ports deal will comply with regulations.

Events

3 w. ago China’s warplane combat debut over Kashmir riles tense geopolitics

China’s warplane combat debut over Kashmir riles tense geopolitics  The Washington Post

Politics