64 h. ago Chinese humanoid robot maker UBTech gets US$1 billion funding boost

UBTech Robotics, a leading Chinese manufacturer of factory robots, has secured a credit line of up to US$1 billion from a Hong Kong investment firm to finance its production expansion, including a joint venture in the Middle East. The Hong Kong-listed company said in an exchange filing on Sunday it would receive funding from Infini Capital, an investment conglomerate headquartered in Hong Kong and Abu Dhabi. The support would come through share allocations, convertible bonds and expedited...

Economics

5 d. ago Xi Jinping's 'Secret Letter' To Murmu Reset Delhi and Beijing Ties During Trump's Tariff War?

Xi Jinping's 'Secret Letter' To Murmu Reset Delhi and Beijing Ties During Trump's Tariff War?  Times Now

Politics

8 d. ago Tokyo ‘issues strong protest’ to Beijing over gas field in East China Sea

Tokyo ‘issues strong protest’ to Beijing over gas field in East China Sea  Hong Kong Free Press HKFP

Events

9 d. ago Fatal fire prompts calls for smoke sensors in Hong Kong’s substandard buildings

Observers have called for old Hong Kong buildings applying for fire safety subsidies to install smoke sensors as a temporary measure, following a deadly blaze in a building with substandard facilities. Their calls came on Monday after the death of a tenant in a subdivided flat during a blaze at the Mido Apartments building on King’s Road in North Point on Saturday. Firefighters found a “badly burnt” electrical meter in his home. Lawmaker Edward Leung Hei, from the Hong Kong Island East...

Events

1 week ago Texas factory gives Chinese copper firm an edge in tariff war

Texas factory gives Chinese copper firm an edge in tariff war  Reuters

Economics

1 week ago From Riyadh to Hong Kong: Saudi Super Cup fans make presence felt

For football fans who travelled from the Middle East to watch this week’s Saudi Super Cup in Hong Kong, it was about much more than star individuals such as Cristiano Ronaldo and Karim Benzema. Whereas most of the Chinese spectators the Post spoke to were attending purely to see Al-Nassr captain Ronaldo, and to a lesser extent Al-Ittihad skipper Benzema, the Saudi fans saw it as an opportunity to support their teams at a competitive tournament. All four clubs attracted fan groups to the city...

Politics

1 week ago Elderly man dies after being badly burnt in Hong Kong residential building fire

An elderly man has died after being severely burnt in a fire that broke out in a North Point building, with all lanes in a section of a major road in the east of Hong Kong Island closed in one direction because of the blaze. Police said on Saturday that they had received reports of a fire breaking out at around 4.15pm in the Mido Apartments building on King’s Road. Thick smoke billowed from the building, online photos show, while firefighters used an extendable ladder to rescue residents. At...

Events

1 week ago Policy address set for September 17, Hong Kong leader says during community visit

Hong Kong’s leader visited eastern Kowloon’s grassroots residents on Saturday morning as part of a consultation exercise ahead of his policy address, which he announced will be on September 17. Chief Executive John Lee Ka-chiu on Saturday began his visit to two families living in a “light public housing” project on Ngau Tau Kok’s Choi Hing Road before heading to the Lower Ngau Tau Kok Estate. “The purpose of launching light public housing is to allow those in need to move in in a quicker manner...

Politics

2 w. ago Hong Kong’s rally has room to run on ‘reasonable’ valuations: Templeton

Hong Kong stocks remain favourable, as attractive valuations and easing tariff uncertainty have enhanced the predictability of corporate earnings on the city’s stock market, according to US fund manager Franklin Templeton. The firm, which manages US$1.5 trillion of assets worldwide, was “constructive” on Hong Kong and mainland China’s stock markets, as the valuations remained reasonable and Beijing had introduced supportive policies, said Ferdinand Cheuk, portfolio manager at Templeton Global...

Politics

2 w. ago Shein Weighs Relocating to China to Ease Path for Hong Kong IPO

Shein Weighs Relocating to China to Ease Path for Hong Kong IPO  The Business of Fashion

Politics

2 w. ago Shein weighs China relocation to ease path for Hong Kong IPO, Bloomberg News reports

Shein weighs China relocation to ease path for Hong Kong IPO, Bloomberg News reports  Yahoo Finance

Politics

2 w. ago Shein Weighs Moving Back to China to Ease Path for Hong Kong IPO

Shein Weighs Moving Back to China to Ease Path for Hong Kong IPO  Bloomberg.com

Politics

2 w. ago Mainland Chinese tech firms using Hong Kong’s support to ease geopolitical risks

Some mainland Chinese technology companies are choosing to take advantage of Hong Kong’s policies and government support to help mitigate geopolitical risks in their international expansion. Insta360, a company listed in Shanghai that holds a 70 per cent share of the global panoramic camera market, is having its Hong Kong distributor open the company’s first multi-storey global flagship store in the city. “To be able to enter the Hong Kong market is basically the first step for them to go...

Politics

3 w. ago Storm Podul: Hong Kong lower amber warning as torrential rain eases

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. Hong Kong issued a black rainstorm warning signal on Thursday morning, with several areas flooded and authorities cancelling classes and some flights. The Hong Kong Observatory replaced the highest-level signal raised at 7.50am with a red one at 11.10am and then amber at 12.10pm, which was...

Events

3 w. ago Paraguay eyes Chinese parts assembly plan amid US tariff war with China, Brazil

Paraguayan lawmakers on Tuesday heard government ministers outline a proposed assembly law that would allow companies to manufacture electronic and digital goods locally using imported parts, many from China, as political debate grows over whether the country should end diplomatic ties with Taiwan in favour of Beijing. Economy Minister Carlos Fernandez Valdovinos and Industry and Commerce Minister Javier Gimenez told a Senate hearing the measure would let businesses that currently import fully...

Events

3 w. ago Hong Kong eases seafood, fruit and electric car rules to tackle US tariff war

Fresh seafood and fruits arriving by air in Hong Kong for re-export can now be transferred directly to mainland China for clearance as one of several new measures to help the city remain competitive in a tariff-laden global trade environment, the customs chief has said. Commissioner of Customs and Excise Chan Tsz-tat also told the Post in an exclusive interview that mainland-made electric vehicles (EVs) exported to Hong Kong could now be stored for free at Nansha port in Guangzhou, with the...

Events

3 w. ago For university that bridges China and West, geopolitics is ‘biggest challenge’

Geopolitics is stifling academic freedom and scientific research, but a university head in eastern China believes there is a way to ease the situation on campuses – by letting more foreign students in. Xi Youmin, president of Xian Jiaotong-Liverpool University (XJTLU) in Suzhou, Jiangsu province, said easing visa restrictions for foreign students and visitors could help improve understanding of China. “The world is in a state of division defined by wars, geopolitics and the US tariff war,” Xi...

Politics

3 w. ago China’s SMIC downplays impact of Trump’s proposed 100% tariff on chip imports

Semiconductor Manufacturing International Corp (SMIC), mainland China’s largest contract chipmaker, on Friday downplayed the potential impact of US President Donald Trump’s proposed 100 per cent tariff on imported chips, as stout domestic demand is expected to continue. “Our overall capacity remains in a state of demand exceeding supply,” SMIC co-CEO Zhao Haijun said in a briefing after the company reported its second-quarter financial results. “[Even if growth in demand slows], there will be no...

Politics

3 w. ago China’s chipmakers to see small impact from Trump’s 100% tariff on imports: CLSA

China’s top chipmakers, including Semiconductor Manufacturing International Corp (SMIC), are expected to avoid the worst of US President Donald Trump’s plan to impose 100 per cent tariffs on imported semiconductors. According to a research note published by CLSA, the potential impact of the proposed US tariffs on imported chips – the details of which are expected as soon as next week – would be small for SMIC and Hua Hong Semiconductor. The two Shanghai-based firms could also benefit from...

Politics

3 w. ago Give the bully an inch, he'll take a mile: China envoy amid tariff war

Give the bully an inch, he'll take a mile: China envoy amid tariff war  The Times of India

Events