2 d. ago China property crisis: UBS predicts 2.4 million foreclosures by 2027 as loan defaults rise

China property crisis: UBS predicts 2.4 million foreclosures by 2027 as loan defaults rise  South China Morning Post

Events

2 d. ago UBS predicts 2.4 million China property foreclosures as loan defaults rise

UBS predicts 2.4 million China property foreclosures as loan defaults rise  South China Morning Post

Politics

8 d. ago UBS upgrades China BESS installation forecast, industry to ride policy tailwinds

UBS upgrades China BESS installation forecast, industry to ride policy tailwinds  Energy-Storage.News

Events

9 d. ago SoftBank buys another chipmaker, Uber's robotaxi expansion, and China's AI: Trending stocks

SoftBank buys another chipmaker, Uber's robotaxi expansion, and China's AI: Trending stocks  Yahoo Finance

Economics

1 week ago China’s UBTech Robotics eyes US$400 million in Hong Kong share placement

UBTech Robotics, one of China’s top makers of humanoid robots, plans to raise HK$3.11 billion (US$399.6 million) through a share placement in Hong Kong – its sixth and largest such fundraising since last year, riding on growing industrial orders and the sector’s momentum. The Shenzhen-based company aimed to sell 31,468,000 new shares for HK$98.80 each, representing a discount of around 11.4 per cent from the closing price on Monday, according to a filing to the Hong Kong stock exchange on...

Economics

1 week ago UBS’ China property optimist retreats from bullish calls, foresees deeper slump

John Lam, UBS’ head of China property research and a long-time contrarian, is retreating from his earlier bullish calls and joining his Wall Street peers in predicting that the country’s four-year real estate downturn is far from over. Lam said he expected home prices to fall for at least another two years before a recovery in mainland China’s beleaguered residential property market could take hold. One reason was that potential buyers were increasingly opting to rent properties while prices...

Politics

1 week ago UBS’s China Property Optimist Now Foresees an Extended Slump

UBS’s China Property Optimist Now Foresees an Extended Slump  Bloomberg.com

Politics

3 w. ago Chinese gold stocks set to shine as UBS and Schroders see bullion extending gains

Chinese gold stocks set to shine as UBS and Schroders see bullion extending gains  South China Morning Post

Politics

3 w. ago China’s humanoid robots: UBTech scores US$112 million in factory orders

Chinese companies are populating factory floors with human-shaped robots, according to Shenzhen-based UBTech Robotics, which claims to have racked up orders worth more than 800 million yuan (US$113 million) for its Walker S2 model this year. The robot maker said on Monday that it secured an order worth 159 million yuan from a company in Zigong, in southwest China’s Sichuan province – its second-largest single order, following one for 250 million yuan in September. UBTech, which in 2023 became...

Economics

4 w. ago Hong Kong leader John Lee to speak at family business summit

Chief Executive John Lee Ka-chiu is scheduled to speak in a fireside chat on Friday during the third Family Business Summit in Hong Kong, as the city burnishes its role as the offshore fundraising hub and ‘superconnector’ between the Chinese mainland and the rest of the world. The speech is the highlight of the conference, curated by the South China Morning Post and Blue Pool Capital, with UBS as the presenting partner. The attendees – by invitation only – comprise about 150 private business...

Politics

4 w. ago China’s WeRide drives for ‘ubiquitous’ robotaxis after Hong Kong listing

Chinese self-driving technology firm WeRide, fresh off raising HK$2.39 billion (US$307 million) in a Hong Kong share sale, plans to rev up commercialisation of autonomous taxis and expand into markets like the Middle East, Southeast Asia and Japan. Tony Han, founder and CEO of the Guangzhou-based company, said WeRide would deploy 10,000 robotaxis worldwide over the next few years, adding that its fleet could eventually grow to hundreds of thousands in line with the ultimate goal of “supplying...

Politics