Investors stand in front of an electronic board showing stock information on the first trading day after the week-long Lunar New Year holiday at a brokerage house in Shanghai, China. Chinese companies raised a combined US$31.3 billion from IPO flotations on the Shanghai, Shenzhen and Beijing exchanges in the six months to June. Photo: Reuters
IPO

Chinese exchanges top global IPO markets in the first half of the year

1 hour ago

China was the world’s most active market for IPOs in the first half of the year as Beijing’s capital market reforms and the market’s obsession with AI expedited deal-making.

Investors stand in front of an electronic board showing stock information on the first trading day after the week-long Lunar New Year holiday at a brokerage house in Shanghai, China. Chinese companies raised a combined US$31.3 billion from IPO flotations on the Shanghai, Shenzhen and Beijing exchanges in the six months to June. Photo: Reuters

Chinese exchanges top global IPO markets in the first half of the year

China was the world’s most active market for IPOs in the first half of the year as Beijing’s capital market reforms and the market’s obsession with AI expedited deal-making.

1 hour ago

China home sales falter amid dented buyer confidence

June sales plunged 28.1 per cent year on year among the 100 largest developers, according to CRIC data, raising the threat of more liquidity struggles as the sector continues to weigh on the economy.

2 hours ago

Super-connector Hong Kong’s ‘best days are ahead’, says HKEX boss Aguzin

The capital markets of Hong Kong and China must continue to open up and welcome foreign investors to participate in the schemes that link them, with the city playing a key role as a ‘super-connector’, financial and government leaders said at an event marking the sixth anniversary of Bond Connect.

3 hours ago
Residential buildings under construction in Beijing on August 1, 2022. Photo: EPA-EFE

China home sales falter amid dented buyer confidence

June sales plunged 28.1 per cent year on year among the 100 largest developers, according to CRIC data, raising the threat of more liquidity struggles as the sector continues to weigh on the economy.

2 hours ago
Banking & finance

Super-connector Hong Kong’s ‘best days are ahead’, says HKEX boss Aguzin

The capital markets of Hong Kong and China must continue to open up and welcome foreign investors to participate in the schemes that link them, with the city playing a key role as a ‘super-connector’, financial and government leaders said at an event marking the sixth anniversary of Bond Connect.

The capital markets of Hong Kong and China must continue to open up and welcome foreign investors to participate in the schemes that link them, with the city playing a key role as a ‘super-connector’, financial and government leaders said at an event marking the sixth anniversary of Bond Connect.

3 hours ago
Hong Kong stock market

Most Hong Kong stocks advance as BYD rises while chip curbs unsettle AI firms

BYD advanced amid strong EV sales in mainland China, while Anta and sportswear makers also gained. Chip and AI firms struggled in the face of widening tech rivalry between China, the US and Europe.

BYD advanced amid strong EV sales in mainland China, while Anta and sportswear makers also gained. Chip and AI firms struggled in the face of widening tech rivalry between China, the US and Europe.

4 minutes ago

Property deal volumes, value decline in June amid higher borrowing costs

Deal flow in Hong Kong’s property market seen slowing further in July after volumes hit a five-month low last month as caution prevailed in a rising interest rate environment.

5 minutes ago
Property deal volumes, value decline in June amid higher borrowing costs

Hong Kong office rents and rental values expected to decline further, analysts say

Hong Kong’s office rents and rateable values are expected to fall amid high vacancies, new supply, uncertainties around the global economy and downsizing by firms, analysts say.

4 Jul 2023 - 8:30AM
Hong Kong office rents and rental values expected to decline further, analysts say

Most Hong Kong stocks advance as BYD rises while chip curbs unsettle AI firms

BYD advanced amid strong EV sales in mainland China, while Anta and sportswear makers also gained. Chip and AI firms struggled in the face of widening tech rivalry between China, the US and Europe.

4 minutes ago

Property deal volumes, value decline in June amid higher borrowing costs

Deal flow in Hong Kong’s property market seen slowing further in July after volumes hit a five-month low last month as caution prevailed in a rising interest rate environment.

5 minutes ago

Hong Kong office rents and rental values expected to decline further, analysts say

Hong Kong’s office rents and rateable values are expected to fall amid high vacancies, new supply, uncertainties around the global economy and downsizing by firms, analysts say.

4 Jul 2023 - 8:30AM
Hong Kong innovators

Why the West needs China’s EV prowess as it moves to build supply-chain capacity

Will the global supply chain that originates from China have to be rewired, as rising protectionism in America targets most things made in China amid deteriorating US-China relations?

Will the global supply chain that originates from China have to be rewired, as rising protectionism in America targets most things made in China amid deteriorating US-China relations?

22 Apr 2023 - 6:55AM

‘The advantages are obvious’: how China’s BYD became the world’s No 1 EV maker

For BYD, set up 28 years ago in Shenzhen by a former chemist, the secret of its success was its founder’s dogged belief that batteries would one day be the dominant power source.

For BYD, set up 28 years ago in Shenzhen by a former chemist, the secret of its success was its founder’s dogged belief that batteries would one day be the dominant power source.

19 Apr 2023 - 9:33AM

China’s EV war: BYD, Nio, Xpeng snap at Tesla’s heels with made-for-China models

Tens of thousands of Chinese car buyers have been flocking to BYD, Nio, Xpeng, Li Auto and a number of China-domiciled EV makers of late, unseating Tesla as the most desirable EV brand in China.

Tens of thousands of Chinese car buyers have been flocking to BYD, Nio, Xpeng, Li Auto and a number of China-domiciled EV makers of late, unseating Tesla as the most desirable EV brand in China.

13 Apr 2023 - 11:08AM
Hong Kong innovators

Why the West needs China’s EV prowess as it moves to build supply-chain capacity

Will the global supply chain that originates from China have to be rewired, as rising protectionism in America targets most things made in China amid deteriorating US-China relations?

Will the global supply chain that originates from China have to be rewired, as rising protectionism in America targets most things made in China amid deteriorating US-China relations?

22 Apr 2023 - 6:55AM

‘The advantages are obvious’: how China’s BYD became the world’s No 1 EV maker

For BYD, set up 28 years ago in Shenzhen by a former chemist, the secret of its success was its founder’s dogged belief that batteries would one day be the dominant power source.

For BYD, set up 28 years ago in Shenzhen by a former chemist, the secret of its success was its founder’s dogged belief that batteries would one day be the dominant power source.

19 Apr 2023 - 9:33AM

China’s EV war: BYD, Nio, Xpeng snap at Tesla’s heels with made-for-China models

Tens of thousands of Chinese car buyers have been flocking to BYD, Nio, Xpeng, Li Auto and a number of China-domiciled EV makers of late, unseating Tesla as the most desirable EV brand in China.

Tens of thousands of Chinese car buyers have been flocking to BYD, Nio, Xpeng, Li Auto and a number of China-domiciled EV makers of late, unseating Tesla as the most desirable EV brand in China.

13 Apr 2023 - 11:08AM
Business | OPINION
Paramilitary police officers stand guard at the headquarters of the People’s Bank of China in Beijing on September 30 last year. The central bank must hold fast: more monetary accommodation to ease consumers’ debt-servicing pain would not be the best use of China’s valuable resources. Photo: Reuters

Macroscope | China must not be tempted to repeat the easy money mistakes of the West

It’s no good trying to reflate the economy with even cheaper money when demand is being deflated by a weak global economy over which Beijing has no control.

3 Jul 2023 - 10:00PM

The View | Southeast Asia’s tourism sector will struggle amid slow China recovery

Southeast Asia’s hotel industry has shown it can find its footing as it rebuilds from the ravages of the Covid-19 pandemic. However, persistently weak growth in China will inevitably take its toll on the region’s hospitality sector.

Southeast Asia’s hotel industry has shown it can find its footing as it rebuilds from the ravages of the Covid-19 pandemic. However, persistently weak growth in China will inevitably take its toll on the region’s hospitality sector.

3 Jul 2023 - 3:45PM
Southeast Asia’s tourism sector will struggle amid slow China recovery

Inside Out | Trump’s tariffs on China have cost the US, but they look likely to stay

In his recently released book, Donald Trump’s trade chief champions more protectionism despite continuing reports of the damage caused by the tariffs so far. Unfortunately, the possibility of Trump in the White House again means the odds are against a withdrawal of these trade barriers.

In his recently released book, Donald Trump’s trade chief champions more protectionism despite continuing reports of the damage caused by the tariffs so far. Unfortunately, the possibility of Trump in the White House again means the odds are against a withdrawal of these trade barriers.

3 Jul 2023 - 12:30AM
Trump’s tariffs on China have cost the US, but they look likely to stay

Business | Explore more