41 h. ago HSBC reviews Singapore insurance unit amid focus on high growth in Hong Kong, mainland

HSBC Holdings’ exploration of options for its insurance business in Singapore may lead to a sale of the unit as the group reallocates resources to its insurance business in Hong Kong and mainland China, according to analysts. “It makes sense for HSBC to consider an exit from Singapore’s insurance market to focus on Hong Kong and mainland China, as so many mainlanders are coming to Hong Kong to buy insurance products here,” said Kenny Tang Sing-hing, chairman of the Hong Kong Institute of...

Politics

41 h. ago HSBC reviews Singapore insurance unit amid high growth focus on Hong Kong, mainland China

HSBC Holdings’ exploration of options for its insurance business in Singapore may lead to a sale of the unit as the group reallocates resources to its insurance business in Hong Kong and mainland China, according to analysts. “It makes sense for HSBC to consider an exit from Singapore’s insurance market to focus on Hong Kong and mainland China, as so many mainlanders are coming to Hong Kong to buy insurance products here,” said Kenny Tang Sing-hing, chairman of the Hong Kong Institute of...

Politics

42 h. ago Canada to remove 100% tariffs on Chinese EV imports: prime minister

Canada will remove the additional 100 per cent in tariffs it had imposed on Chinese electric vehicle (EV) imports, Prime Minister Mark Carney said on Friday during a state visit in Beijing. In place of the higher duties, Carney said, Canada will cap import volume and retain a standard tariff rate of 6.1 per cent to shipments within the 49,000-unit limit. Canada’s additional tariffs, covering all EVs made in China, took effect in October 2024, following a similar move from the United States. “In...

Politics

45 h. ago Chinese woman swallows raw fish gallbladder, hoping to relieve headache, ends up in ICU

A woman from eastern China ended up in the intensive care unit (ICU) hours after swallowing a raw fish gallbladder, believing it would cure her headache. The 50-year-old woman, surnamed Liu, from Jiangsu province, adhered to the folk remedy that claimed raw fish gallbladders could clear heat, detoxify the body, and alleviate a persistent migraine that had been troubling her. On the morning of December 14, Liu bought a 2.5kg grass carp at the market, extracted the gallbladder at home, and...

Politics

5 d. ago As SpaceX Targets 50,000 Starlink Satellites, China Files for 200,000

As SpaceX Targets 50,000 Starlink Satellites, China Files for 200,000-Unit Mega-Constellation  news.satnews.com

Events

5 d. ago Greater China Financial Moves to Resolve Beijing Unit Dispute as It Seeks Trading Resumption

Greater China Financial Moves to Resolve Beijing Unit Dispute as It Seeks Trading Resumption  TipRanks

Politics

8 d. ago Nexperia’s China unit seeks local wafer suppliers amid dispute – report

Nexperia’s China unit seeks local wafer suppliers amid dispute – report  Just Auto

Politics

1 week ago China’s Zhangzhou nuclear project brings its second reactor unit into commercial service

China’s Zhangzhou nuclear project brings its second reactor unit into commercial service  Energies Media

Events

2 w. ago Baidu chip unit Kunlunxin files for Hong Kong IPO amid China’s push for tech self

Baidu’s artificial intelligence chip subsidiary Kunlunxin (Beijing) Technology has confidentially applied for an initial public offering (IPO) in Hong Kong, as the search and AI giant becomes the latest to join an investment frenzy amid China’s drive for tech self-reliance. The Kunlunxin prospectus was submitted on Thursday but details such as the size and structure of the IPO had not yet been finalised, Baidu said in a statement on Friday. Baidu’s Hong Kong-listed shares rose 7.5 per cent to...

Politics

2 w. ago China's SMIC to take full control of unit SMNC in $5.8 billion deal

China's SMIC to take full control of unit SMNC in $5.8 billion deal  Reuters

Economics

3 w. ago Nexperia China eyes new wafer suppliers in 6 months amid legal fight with Dutch chipmaker

Nexperia China, the estranged unit of the Dutch chipmaker, is pushing forward with efforts to secure new wafer suppliers in six months, as the firm’s Netherlands head office and mainland Chinese owner Wingtech Technology started direct talks last week. In its shareholders meeting in Shanghai on Friday, Wingtech said Nexperia China’s plant in Dongguan, in southern Guangdong province, continued to operate amid “a significant gap in wafer supply”, reports from several state-backed media...

Politics

3 w. ago U.S. forces modify unit relocation from Okinawa to Guam with China in mind

U.S. forces modify unit relocation from Okinawa to Guam with China in mind  Japan Today

Politics

3 w. ago China urged to sue over Japanese royal’s role in Unit 731 crimes

The late Emperor Hirohito of Japan should be held accountable under international law for the crimes of Unit 731, according to Chinese scholars who say the wartime ruler authorised the infamous programme but was shielded from prosecution by US policy after World War II. The secret Japanese military unit in northeastern China, which was responsible for human experimentation, biological warfare and at least tens of thousands of civilian deaths, had been created by imperial order in 1936, said Zhou...

Events

3 w. ago BrainAurora Unit Joins Major China Neurocognitive Project, Wins Approval for Beijing Key Lab

BrainAurora Unit Joins Major China Neurocognitive Project, Wins Approval for Beijing Key Lab  TipRanks

Politics

4 w. ago Exclusive: Nexperia's China unit switches to local firms for wafer supplies, document shows

Exclusive: Nexperia's China unit switches to local firms for wafer supplies, document shows  Reuters

Politics

4 w. ago Exclusive: Nexperia's China unit switches to local firms for wafer supplies

Exclusive: Nexperia's China unit switches to local firms for wafer supplies- document  Reuters

Politics