Latest Hong Kong HKEX Stock Market News
Boeing aims to bring flying cars to Asia by 2030
Boeing is developing electric vertical take-off and landing craft at subsidiary Wisk Aero. (Photo by Sotaro Yumae)ARATA SHIGENO, Nikkei staff writer | TOKYO -- U.S. [more]
To beat China EVs on cost, Honda supplier and ArcelorMittal look beyond gigacasting
Chinese players like BYD and Xiaomi have released low-cost EVs amid an intensifying price competition. (Nikkei montage/Source photos by Nikkei and Xiaomi)SHOYA OKINAGA, Nikkei staff [more]
Honda supplier, ArcelorMittal team up on EV gigacasting alternative
Chinese players like BYD and Xiaomi have released low-cost EVs amid an intensifying price competition. (Nikkei montage/Source photos by Nikkei and Xiaomi)SHOYA OKINAGA, Nikkei staff [more]
Opinion | All losers after Biden plays China card in attempt to win votes
Put it down to election-year politics in the United States, but the latest protectionist moves by President Joe Biden and his administration against Chinese products [more]
China Digest: Dexin Chip Technology bags funding; Nuode New Materials buys Cloudfutures
Dexin Chip Technology has bagged over $38 million in fresh funding, while Nuode New Materials is planning to acquire a 90.2% stake in futures company [more]
IMF: China bonds, stimulus will buoy world’s No 2 economy amid property crisis
Lavish bond issuances and financing for local governments should keep the US$18 trillion Chinese economy stable this year despite a festering property crisis, an IMF [more]
US tests China’s metal with steel tariff plan, opening new front in trade war
Beijing is likely to retaliate against the higher US tariffs on Chinese metal products proposed by US President Joe Biden, analysts said, creating a new [more]
India Digest: Uniqus Consultech, Beyond Odds raise funding
Uniqus Consultech, a platform that offers ESG and Accounting & Reporting Consulting has raised $10 million in Series B funding. Separately, Beyond Odds Technologies has [more]
Geely-owned Saxo Bank said to weigh strategic options including sale
Denmark’s Saxo Bank is exploring a possible sale, 18 months after talks to merge with a blank-cheque company fell apart, four people familiar with the matter told Reuters.The group, [more]
Apple plans to invest over $250m to expand Singapore campus
Apple Inc plans to invest more than $250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement [more]
Indian housing finance company Altum Credo raises $40m led by Z3Partners, Oikocredit
Altum Credo, a tech-led affordable housing finance company, has raised $40 million in its Series C funding round led by Z3Partners and Oikocredit, per an [more]
Chinese and US firms collaborate on first global generative AI standards
China’s Ant, Baidu, Tencent collaborate with US firms OpenAI, Nvidia on publishing first global generative AI standardsChina’s Ant Group, Baidu and Tencent Holdings have joined [more]
Tesla’s Shanghai production unaffected by Musk’s lay-offs, say sources
Tesla boss Elon Musk’s lay-offs mainly target sales staff, leaving production at Shanghai Gigafactory unaffected: sourcesTesla’s job cuts in mainland China involved mainly sales staff [more]
Opinion | Business and politics shouldn’t mix, but anything goes in a US election year
Even in the best of times, a US president from the Democratic Party would have appealed to the unions and resorted to China-bashing in an [more]
Viewpoint: What makes the 2024 bitcoin halving different from previous ones?
The author, Hao Yang, is head of financial products at Bybit, a cryptocurrency exchange established in 2018.As we inch closer to the fourth bitcoin halving [more]
Hong Kong’s buoyant home sales to face gravity of continued high interest
Hong Kong’s buoyant home sales to fight gravity of continued high interest rates as cut hopes dwindle, analysts sayDwindling hopes for an interest-rate cut this [more]
IDX-listed laboratory chain Diagnos to buy DNA testing company Asa Ren for $24m
Indonesia-listed laboratory chain PT Diagnos Laboratorium Utama (Diagnos) plans to acquire a 97% stake, worth $24 million, in the DNA testing platform ASA Ren through [more]
India Digest: Trifecta raises $12m debt funding; LightFury Games snags $8.5m seed round
Consumer lending platform RING has raised about $12 million (Rs 100 crore) in venture debt funding from Trifecta Capital, while LightFury Games has raised $8.5 [more]
Post wins at Hang Seng University’s 8th Business Journalism Awards
Post wins gold with property and Greater Bay Area reporting at Hang Seng University’s 8th Business Journalism AwardsReporters of the South China Morning Post won [more]
China’s premier solicits views from ‘ambassadors of friendship’ as tensions grow
Canton Fair: Chinese Premier Li Qiang solicits views from ‘ambassadors of friendship’ as external tensions growPremier Li Qiang promised overseas buyers at China’s major trade [more]
Opinion | With Mideast on brink, investors ignore geopolitical risks at their peril
Investors are often accused of being complacent about vulnerabilities in the global economy, particularly geopolitical risks which have not been this acute in decades. Yet [more]
IFC mulls $120m debt financing to Bangladeshi apparel maker Epic Group
Ranjan Mahtani, founder & Group Chairman (centre), Sunil Daryanani (left), Dinesh Virwani (right), joint CEOs. Photo: Epic Group's website.International Finance Corporation (IFC), a member of [more]
Alibaba’s Taobao launches 3D-capable app for use on Apple’s Vision Pro headset
Alibaba’s Taobao launches 3D-capable shopping app ahead of Apple’s mainland release of Vision Pro mixed-reality headsetAlibaba Group Holding’s Taobao, China’s largest online marketplace, has launched [more]
JD introduces avatar of founder Richard Liu to promote goods in move to lure shoppers · TechNode
Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. “Three, two, one! [more]