7 h. ago ‘No longer a pet project’: tiny Beijing stock exchange becomes IPO hub

‘No longer a pet project’: tiny Beijing stock exchange becomes IPO hub  Financial Times

Politics

10 h. ago US House committee chair warns Panama about Chinese influence over Panama Canal

The head of a US congressional committee on Thursday, warned Panama over Chinese influence on the Panama Canal, following reports that leading Chinese state-owned conglomerates are bidding for port concessions there now for sale by Hong Kong-based CK Hutchison Holdings. In his letter to Minister of Maritime Affairs and Administrator of the Panama Maritime Authority Luis Roquebert, Representative John Moolenaar, chairman of the House Select Committee on the Chinese Communist Party, expressed...

Events

17 h. ago As China’s speedy maglev train breaks records, US ambitions go off the rails

A week after China said its supercharged rail system has reached speeds of 600km/h (373mph), US President Donald Trump seemingly pulled the plug on American rail progress. In a controversial move being challenged by the state of California, Trump cancelled US$4 billion in federal funding for its high-speed railway project. Regardless of the outcome of any legal challenge, Trump’s announcement highlights the contrasting development paths of the economic superpowers in their rail aspirations, or...

Politics

18 h. ago Sale of 11 Skies could relieve New World of liabilities in project, UBS says

A potential sale of 11 Skies, a mall located near Hong Kong’s international airport in Chek Lap Kok, could help New World Development (NWD) lighten its debt burden as the developer steps up efforts to divest noncore assets to overcome its worst financial crisis, according to UBS. “Any successful disposal of 11 Skies could be a positive catalyst for NWD,” analysts at the Swiss bank said in a report on Thursday. The project “is embedded with contingent liabilities” of HK$1.8 billion (US$229.3...

Politics

18 h. ago Hong Kong’s MTR Corp halts Oyster Bay station’s overhead cable foundation works

Hong Kong’s rail giant the MTR Corporation has suspended foundation works for the overhead cable at its Oyster Bay station project on Lantau Island due to signs of “upheaving”. The government said on Thursday that movement was recorded at the site two days earlier, prompting staff from the Buildings Department and the Electrical and Mechanical Services Department to carry out inspections on the westbound track of the Tung Chung line. “The condition concerned has not affected the structural...

Politics

44 h. ago Hong Kong airport’s profits take off with 52.3% surge to HK$2.45 billion

Hong Kong International Airport has posted net profit growth of 52.3 per cent to HK$2.45 billion (US$313 million) for the 2024-25 financial year, while it also paid the government a HK$1.3 billion dividend, its first in a decade. Operator the Airport Authority of Hong Kong on Wednesday also reported a 20 per cent growth in revenue to HK$16.4 billion and a first dividend payment since 2014-15, when it started retaining operating surpluses to finance the three-runway system project, but...

Economics

44 h. ago Hong Kong airport to pay first dividend in decade as profits surge 52.3%

Hong Kong International Airport has posted a net profit growth of 52.3 per cent to HK$2.45 billion (US$313 million) for the 2024-25 financial year, while also paying the government a HK$1.3 billion dividend, its first in a decade. The Airport Authority also reported a 20 per cent growth in revenue to HK$16.4 billion. It started retaining operating surpluses in 2014-15 to finance the three-runway system project, but has acknowledged uncertainties remained amid geopolitical tensions. In the...

Economics

46 h. ago Baidu signs deal with Uber to deploy Apollo Go robotaxis in Asia, Middle East

Chinese search engine and AI giant Baidu and global taxi-hailing firm Uber Technologies have agreed to work together to deploy thousands of Baidu Apollo Go robotaxis in markets outside the US and mainland China, a move that comes as Tesla seeks to expand its robotaxis in the US. The multi-year deal will see robotaxis deployed in Asia and the Middle East later this year, according to a joint statement. It was unclear whether the partnership would include Hong Kong, where Baidu’s Apollo Go...

Economics

64 h. ago Nvidia Just Got Incredible News About China That Could Cause The Stock to Skyrocket

Nvidia Just Got Incredible News About China That Could Cause The Stock to Skyrocket  Yahoo Finance

Events

69 h. ago Hong Kong study finds lifestyle coaching helps residents lower blood pressure

Around half of Hongkongers with pre-hypertension who joined a personalised healthy lifestyle coaching programme have seen their blood pressure return to normal after six months, a local university has found. The Chinese University of Hong Kong (CUHK) on Tuesday released the findings of a study focused on its Jockey Club We WATCH Healthy Lifestyle Project, which targets middle-aged people to help them prevent chronic diseases. The study, conducted from 2022 to 2025, covered 4,399 participants...

Events

2 d. ago TikTok developing separate app for US amid mounting sale pressure; Beijing approval still key

TikTok developing separate app for US amid mounting sale pressure; Beijing approval still key  TechNode

Events

3 d. ago Robot makers AgiBot, Unitree, UBTech land more orders from Chinese enterprises

China’s fast-developing humanoid robot market segment is seeing demand from enterprises gather speed, as prominent start-ups AgiBot and Unitree Robotics have landed orders totalling 124 million yuan (US$17.3 million) from state-owned China Mobile, the world’s largest telecommunications firm by number of subscribers. That order from China Mobile’s subsidiary in Hangzhou, capital of eastern Zhejiang province, involves the supply of 78 million yuan worth of full-size humanoid robots from AgiBot and...

Politics

4 d. ago China's Largest Natural Uranium Project Produces First Barrel

China's Largest Natural Uranium Project Produces First Barrel  Yicai Global

Politics

4 d. ago Chinese Grad Student in India Sheds Light on How India Talks About China Behind Closed Doors

Chinese Grad Student in India Sheds Light on How India Talks About China Behind Closed Doors  The China-Global South Project

Politics

4 d. ago China produces first barrel from its largest natural uranium project

China produces first barrel from its largest natural uranium project  Interesting Engineering

Politics

4 d. ago Hong Kong Covid facility at old airport takes off as youth hostel, culture hub

An unused Covid-19 isolation facility at a prime sea-view site in the heart of Hong Kong will be transformed into a youth hostel and cultural hub, offering 2,900 units at affordable rates and expected to debut in September. The project, renamed “Runway 1331” and located at the former Kai Tak airport, is expected to provide young people with opportunities for entrepreneurship, cultural exchange and talent development. Named after the old airport’s single airstrip, designated Runway 13/31, the...

Politics

4 d. ago ‘No tunnel, no waste’: China’s Inner Mongolia uranium mine signals nuclear leap

China has made a breakthrough in uranium mining and processing by unlocking complex sandstone deposits once seen as too challenging to develop, as Beijing ramps up efforts towards a green transition and energy security. The country’s largest natural uranium project had yielded its first barrel, China National Nuclear Corporation (CNNC) announced on Saturday. The “National No 1 Uranium” demonstration project was launched a year ago in the Ordos basin of northern Inner Mongolia, home to China’s...

Events

5 d. ago Will China’s mega dam in Tibet bring a water crisis to India? Study gives hint

On the Tibetan plateau, a super dam will harness the roaring river of Yarlung Tsangpo, generating triple the electricity of the Three Gorges Dam. But politicians in India, sitting downstream, have voiced fears the dam could be a “water bomb” exacerbating floods in monsoons, or that it could steal water in dry seasons. Since Beijing approved the project in December last year, there have been lots of discussions, but little proof. Now a joint study by Hohai University and China’s Ministry of Water...

Events

6 d. ago Personal Liability under China’s Anti‑Monopoly Law: Administrative Fines, Civil Litigation, and Criminal Sanctions

Personal Liability under China’s Anti‑Monopoly Law: Administrative Fines, Civil Litigation, and Criminal Sanctions  JD Supra

Events

6 d. ago Barking up wrong tree? Indonesian police’s robot use criticised for wrong focus

A hi-tech display of humanoid robots and robotic dogs by Indonesian police has drawn criticism for their desire to project a tech-savvy image and not focusing on tackling broader problems, ranging from a “culture of impunity” to reform inertia. At the national police’s 79th anniversary parade on July 1 in Jakarta, the force unveiled 25 new machines – including RoboCop-style robots, robot tanks and robodogs – in the presence of Indonesia’s President Prabowo Subianto. Their spokesman, Inspector...

Events