Gary zhou

SMIC's first-half net profit increased by 94.2% to 4.467 billion yuan, driven by a 19.4% revenue rise due to strong AI chip demand, with China accounting for 89.6% of revenue.

Aug 28, 2026

Lululemon's Q2 results show a significant profit drop due to North American struggles, while China continues to grow, raising questions about future strategies.

Aug 28, 2026

HSBC is considering merging its Singapore wholesale, retail, and private banking units into one entity, as part of a broader strategy to streamline operations and reduce costs.

Aug 28, 2026

China's Commerce Ministry criticizes potential US tariff increase, warning of protectionism and unilateralism. The proposed 7.5% tariff stems from a Section 301 investigation into excess manufacturing capacity.

Aug 28, 2026

Alibaba completed a $10.2 billion share placement in Hong Kong, the largest ever by a Hong Kong-listed company, to fund AI and cloud infrastructure expansion, despite an 8% stock drop.

Aug 27, 2026

Bitcoin surpassed $79,000 in Hong Kong, marking its best August since 2017, as the Bitcoin Asia 2026 conference commenced. The rally is influenced by U.S. economic policies and upcoming Federal Reserve discussions.

Aug 27, 2026

Gold prices in Hong Kong fell 0.9% as investors adjusted positions before Federal Reserve Chair Kevin Warsh's Jackson Hole address, despite a 13% rise over the past month.

Aug 27, 2026

Anta Sports reported a 12.9% increase in revenue and profit for the first half of 2026, showcasing the success of its multi-brand strategy despite a sluggish Chinese market.

Aug 27, 2026

Discover why China's largest vehicle recall in history affects 4.28 million cars, including Tesla and Xiaomi, due to hidden emergency door releases. Learn more about the safety implications and upcoming regulations.

Aug 27, 2026

Baidu transitions to a dual-primary listing on the Hong Kong Stock Exchange, enabling mainland investors to access its shares through Stock Connect, following compliance with new board committee structures.

Aug 27, 2026

Nvidia continues to exceed revenue expectations, reporting $96.2 billion for the latest quarter, despite excluding China from its data-center chip sales outlook due to licensing restrictions.

Aug 27, 2026

Shein's Hong Kong IPO aims for a $26.5 billion valuation, with significant payouts to investors due to previous higher valuations. Market sentiment remains cautious amid a cooling listing appetite.

Aug 27, 2026

Fed Chair Kevin Warsh's upcoming speech at Jackson Hole could influence Hong Kong mortgage rates due to the Linked Exchange Rate System, though most borrowers may not feel immediate effects.

Aug 27, 2026

Hong Kong's housing market experienced a split in July, with home prices dropping for the first time in over a year while rents reached an all-time high, highlighting market volatility.

Aug 27, 2026

Hong Kong's SFC banned Ernest Chan for 10 years after he used bounced cheques to falsely report liquid capital, avoiding regulatory detection for 20 months.

Aug 27, 2026

Hong Kong is becoming the preferred IPO destination for Chinese robotics companies, with Mech-Mind and LimX Dynamics leading the charge. The city's IPO market is experiencing significant growth.

Aug 27, 2026

OpenAI's Jalapeño chip, developed with Broadcom, claims to outperform Nvidia's GB300 in efficiency and speed, influencing investor perspectives ahead of Nvidia's fiscal report.

Aug 27, 2026

MiniMax Group's revenue surged 283% in the first half of 2026, driven by increased R&D spending. Despite rising losses, the company emphasizes efficiency and strategic growth in its AI services.

Aug 27, 2026

JPMorgan favors Zhipu's stable pricing strategy over DeepSeek's steep price hikes, raising Zhipu's target price due to its competitive edge in AI capabilities without increasing costs.

Aug 27, 2026

Apple's new Mac Mini, featuring the advanced 2nm M6 chip, debuts before the iPhone 18. The launch highlights a strategic shift and results in significant price increases in Hong Kong and China.

Aug 27, 2026

Evergrande's electric vehicle debts, worth RMB103 million, sold for just RMB144,100 on Alibaba Assets, reflecting the company's financial struggles. The auction highlights the challenges in recovering debts from the collapsed business.

Aug 27, 2026

Alibaba's leadership, including founder Jack Ma, invested over HK$800 million in shares amid AI expansion plans, contrasting with Michael Burry's decision to avoid the stock.

Aug 27, 2026

Shein's Hong Kong IPO is underwhelming retail investors, with only 1.6 times coverage on the first day, contrasting sharply with recent oversubscribed IPOs in the city.

Aug 27, 2026

Hong Kong's stock market rose ahead of Nvidia's earnings, with SMIC and Lenovo playing key roles. SMIC's growth is driven by domestic demand, while Lenovo aligns with Nvidia's data center business.

Aug 27, 2026