Asia
The money news of Asia: China, Japan, India, Korea and the Southeast Asian markets driving global growth.
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Small-cap IPOs struggle in Hong Kong amid lack of AI megadeals
The streak of strong returns in the Hong Kong initial public offering (IPO) market has ended, as smaller companies face a liquidit…
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China’s top DRAM maker sets date for US$4.3b Shanghai IPO amid memory boom
Chinese memory giant ChangXin Memory Technologies (CXMT) kicked off the final stage of its Shanghai listing, setting a subscriptio…
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Shares soar as recently-listed Zhipu AI and Iluvatar CoreX launch secondary placements
Shares of Chinese artificial intelligence model developer Zhipu AI and chipmaker Iluvatar CoreX Semiconductor surged on Thursday a…
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Hong Kong stocks retreat as regional tech volatility offsets short covering
Hong Kong stocks closed mixed on Thursday as a rally in major technology firms and solid mainland inflows offset a broader market …
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Hong Kong top retirement choice for ultra-rich expats, St James’s Place says
Two-thirds of ultra-rich expatriates living in Hong Kong plan to retire in the city, thanks to stronger financial benefits, accord…
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Yuan: global ambitions
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Goldman Sachs forecasts 50% jump for battery giant CATL’s shares as energy storage takes off
Contemporary Amperex Technology Co Limited (CATL) will see 50 per cent growth in its share price to a record high over the next 12…
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AXA Global Private makes Hong Kong debut
[The content of this article has been produced by our advertising partner.] AXA Group has rolled out AXA Global Private as a unifi…
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China now has 7 of world’s 10 biggest banks as Beijing’s financial ambitions grow
China’s “big four” state-run banks are the largest in the world in terms of asset scale, a new report has found, underscoring Beij…
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When will Hong Kong’s retail leasing market see a turnaround?
Hong Kong’s retail leasing market remained under pressure with rental rates far below the pre-pandemic levels, while Beijing’s cra…
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The Peninsula’s owner and SF Holding set up captive insurers in Hong Kong
The owners of luxury hotel brand The Peninsula and logistics firm SF Holding have gained approval from Hong Kong’s insurance regul…
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Beijing seeks chip stability and fair market access during Dutch trade minister’s trip
Beijing has urged the Netherlands to ensure fair treatment for Chinese companies and maintain stable chip supply chains during a v…
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Chinese profit-taking triggers record gold ETF outflows amid shift to equities
Chinese investors pulled a record US$2.91 billion out of domestic gold exchange-traded funds (ETFs) in June, taking profits as a s…
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Hong Kong IPO debut delayed in rare move over missing regulatory data: sources
Hong Kong witnessed a rare delay of an initial public offering (IPO) debut on Wednesday, the first in more than eight months, trig…
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China further boosts Hong Kong’s role as offshore yuan hub
China’s central bank announced more measures to expand Hong Kong’s role as an offshore yuan hub, injecting “vitality” into the cit…
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Singapore's Temasek boosts China exposure by $7.7 billion, biggest rise in five years, in AI-driven pivot
Temasek is repositioning its China portfolio toward AI-related hardware and infrastructure, robotics, biotech, energy transition.
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Are the US’ AI models better than China’s? That may be beside the point
As another heatwave rolled across Europe, the warehouses emptied before the politics could catch up. Air conditioners and fans sol…
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BYD challenges Porsche’s 911 with launch of electric supercar in Europe
Chinese electric vehicle (EV) assembler BYD has set its sights on Porsche’s supercars with plans to sell its Denza-branded new mod…
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Beyond the Noise: How Quality Journalism Drives Real-World Influence
Business and marketing leaders gathered on a late-June afternoon in Hong Kong at the South China Morning Post’s The Lede Summit, w…
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BYD surpasses Tesla in global race; ‘do-or-die’ crisis in China’s market: 7 EV reads
We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay inform…
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This former Apple executive is betting on Shenzhen, not Silicon Valley, to create the 'next Apple'
Startups building consumer electronics will have a better shot at becoming the next Apple in Shenzhen than in Silicon Valley, said…
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Mainland Chinese tech firms find more than just deep capital pools in Hong Kong
Mainland Chinese technology companies newly listed on Hong Kong’s stock exchange are deepening their engagement with the city, tap…
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China’s biotech firms challenge US with rapidly developing RAS-targeted cancer therapies
When the shares of Revolution Medicines surged after the US biotech firm unveiled a landmark result – its drug nearly doubled the …
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Hong Kong stocks rise as rallies from Alibaba, SMIC, other tech giants lift market sentiment
Hong Kong stocks closed on a sharp high on Wednesday, led by technology shares, as concerns over a wave of post-IPO lock-up expiri…