37 h. ago Chinese companies could start making money from AI agents next year, UBS says

Chinese companies could start making money from their artificial intelligence agents – software systems that use AI to autonomously plan and perform complex tasks for users – as soon as next year, according to UBS. “2026 is the year of agent monetisation in China,” said Sundeep Gantori, an equity strategist at UBS Global Wealth Management CIO, on Thursday. As advanced models like DeepSeek’s R2 become more sophisticated, “we expect to see more monetisation”, he added. AI agents are widely...

Politics

4 d. ago US companies doing business in China say they’re staying put despite tariffs: ‘We’re trapped’

US companies doing business in China say they’re staying put despite tariffs: ‘We’re trapped’  New York Post

Economics

4 d. ago EV Sales Stay Strong in China. Why Profitability Is a Worry For Tesla, BYD, NIO, Others.

EV Sales Stay Strong in China. Why Profitability Is a Worry For Tesla, BYD, NIO, Others.  Barron's

Economics

4 d. ago Jackie Chan’s ‘The Shadow’s Edge’ Stays No. 1 at China Box Office as U.K. Drama ‘I Swear’ Debuts in Top Five

Jackie Chan’s ‘The Shadow’s Edge’ Stays No. 1 at China Box Office as U.K. Drama ‘I Swear’ Debuts in Top Five  Variety

Events

4 d. ago Jackie Chan’s ‘The Shadow’s Edge’ Stays No. 1 at China Box Office

Jackie Chan’s ‘The Shadow’s Edge’ Stays No. 1 at China Box Office  Variety

Politics

5 d. ago ‘We’re trapped’: Trump’s tariffs lock US businesses in China

‘We’re trapped’: Trump’s tariffs lock US businesses in China  Politico

Politics

7 d. ago Visiting US Senator Says Taiwan Has "Right To Stay Free", Beijing Cries One China Policy Breach | 4K

Visiting US Senator Says Taiwan Has "Right To Stay Free", Beijing Cries One China Policy Breach | 4K  News18

Events

7 d. ago FWD profit jumps 15 times on sales spike, lower costs after Hong Kong IPO

FWD Group, a regional insurer founded by Hong Kong billionaire Richard Li Tzar-kai, said its first-half net profit jumped 15 times on strong sales growth and one-off cost reductions. In the first results since FWD’s HK$3.61 billion (US$466 million) initial public offering (IPO) in July, net profit soared to US$47 million from US$3 million a year earlier, the company said on Friday. The insurer said it would not pay an interim dividend. Driving the profit increase, annualised premiums from new...

Economics

8 d. ago China's major airlines stay in red in first half on oversupply, low fares

China's major airlines stay in red in first half on oversupply, low fares  Reuters

Politics

8 d. ago Wuliangye Yibin’s profit slump mirrors rival Kweichow Moutai’s woes

Wuliangye Yibin, China’s second-largest liquor distiller, reported its slowest earnings growth in a decade, reflecting the impact of an intensified anti-corruption campaign on ostentation and a slowing economy that has also affected its peers. First-half revenue of the Yibin, Sichuan-based company rose 4.2 per cent to 52.8 billion yuan (US$7.4 billion) from a year earlier, while net profit attributable to equity holders increased 2.3 per cent to 19.5 billion yuan, according to its earnings...

Politics

1 week ago China’s Solar Additions Slow Further as Developers Stay Cautious

China’s Solar Additions Slow Further as Developers Stay Cautious  Bloomberg

Politics

2 w. ago Chinese jeweller Laopu Gold shines as earnings nearly triple

Robust growth at home and abroad nearly tripled Laopu Gold’s earnings in the first half of the year, with managers predicting even stronger momentum in the second half. Net profit soared 290.6 per cent from a year earlier to 2.35 billion yuan (US$327 million) in the six months ended June 30, the Beijing-based company said in a statement on Wednesday. Revenue surged 251 per cent to 12.4 billion yuan. The Hong Kong-listed jeweller attributed its rapid growth to its premium positioning, noting that...

Politics

2 w. ago Xtep’s interim profit rises as China’s running craze lifts Saucony sales

Xtep International Holdings’ interim earnings surged to a record, as the sportswear maker and distributor of the Saucony brand of running shoes benefited from the new-found popularity of marathons and trail running in China. Net profit rose to a record 913.6 million yuan (US$127.3 million) in the first half, 6.4 per cent more than the revised interim earnings last year, Xtep said in a statement on Monday. Sales increased 7.1 per cent to 6.84 billion yuan, from the restated revenue of 6.38...

Economics

2 w. ago Top Hong Kong insurers band together on AI development, adoption

Seven major insurers, including AIA, AXA and HSBC Life, on Monday signed a pledge and joined a Hong Kong Insurance Authority programme to promote the adoption of artificial intelligence in the sector to enhance the city as a regional AI hub. FWD, Prudential, YF Life, and China Taiping Insurance (HK) also signed the pledge during a ceremony at Cyberport. Each company will establish and staff an AI centre in Hong Kong to develop innovations for use across the region. The seven insurers are the...

Politics

3 w. ago Sino Land wins Tuen Mun land tender with HK$1 billion bid as market improves

Sino Land has won a residential site tender in Tuen Mun for HK$1.09 billion, beating major Hong Kong and mainland Chinese developers – including CK Asset Holdings, Kerry Properties and China Overseas Land & Investment – as the city’s housing market shows early signs of recovery. The transaction, which marked the Hong Kong government’s first residential plot sale this financial year, involved a site at Hoi Chu Road in Tuen Mun, a district in proximity to Shenzhen Bay. “The sought-after site...

Economics

3 w. ago China Box Office: ‘Dead to Rights’ Stays No. 1, ‘Dongji Rescue’ Bows in Third

China Box Office: ‘Dead to Rights’ Stays No. 1, ‘Dongji Rescue’ Bows in Third  Variety

Events

4 w. ago China boy stays calm by reciting poems while stuck in lift, earns acclaim online

An eight-year-old boy in China who found himself alone in a stuck lift reacted to his predicament with remarkable calmness, garnering widespread praise online. The surveillance camera in the lift of a residential building in northern China’s Hebei province captured the entire incident. The unnamed boy, trapped on the 11th floor while en route to his flat, initially pressed the buttons for other floors and then gently tapped on the lift door to assess his situation. Upon realising he was stuck,...

Politics

last month US Republicans, usually Taiwan supporters, quiet on denying NY stopover to Lai

The White House’s apparent decision to block Taiwanese leader William Lai Ching-te’s transit through New York has sparked backlash from Democrats but met with relative silence from Republicans, including those typically outspoken about Taiwan. The muted Republican response marks a notable shift for a party that has in recent years championed high-profile engagement with Taipei – including symbolic moves that Democrats have avoided. It also comes amid high-stakes US-China trade negotiations that...

Politics