Hong Kong Bankers Face More Job Cuts on China Slowdown, High Pay: Hong Kong investment bankers could face more job cuts as the slowdown in China deals persists ...
bloomberg.com/news/articles/2024-04-22/hong-kong-bankers-face-more-job-cuts-on-china-slowdown-high-pay
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A ban on single-use plastics takes effect in Hong Kong in a bid to reduce pollution
apnews.com/article/hong-kong-plastics-ban-pollution-c54df7478e84166fc7f3f69c85bfeab4
Quick Glance: Hong Kong Implements Ban on Single-Use Plastics to Combat Pollution
- New legislation prohibits Styrofoam products and single-use plastic cutlery in Hong Kong
- Single-use cutlery like forks, spoons, straws, and plates can no longer be sold or distributed
- Many restaurants have already started implementing the new measures
- The goal is to curb the throwaway culture and promote reusables to protect the environment
The Hong Kong Observatory has warned residents to expect heavy showers and squally thunderstorms over the next few days.
(Link in comments)#hongkong #weather #rain ... Show more #thunderstorm #rainstorm #climate #scmpnews #scmp
China’s LGFV Borrowing Costs Drop to Record Low as Investors Bet on Bailout: China’s off-the-books local government debt market has turned. Only a few months ago ...
bloomberg.com/news/articles/2024-04-22/china-s-lgfv-borrowing-costs-drop-to-record-low-as-investors-bet-on-bailout
China's largest auto show opened in Beijing with the biggest names showing off their latest electric vehicles, underlining how the world's largest auto market ... Show more www.reuters.com/business/autos-transportation/chinas-largest-auto-show-showcases-all-electric-future-local-brands-dominate-2024-04-25/
China’s $700 Billion Offshore Bond Market Put to Test: A Beijing court case may have far reaching implications for international creditors in the country
bloomberg.com/news/newsletters/2024-04-23/china-s-700-billion-offshore-bond-market-put-to-test
Hong Kong’s bubble tea IPO flop is a sign of the market times: Chabaidao’s experience reflects weak local investor sentiment
ft.com/content/c82d23d9-e5a3-4f2d-a7bf-a584677939cc
Quick Glance: ChaPanda's Disappointing Hong Kong Debut Sees 40% Price Drop
- Chinese tea chain Sichuan Baicha Baidao, also known as ChaPanda, had a disappointing debut on the Hong Kong market with a significant price drop in morning trading.
- The shares opened at 15.74 Hong Kong dollars, 10% below its IPO price of HK$17.50, and plummeted close to 40% at one point, closing the morning session at HK$11.34, down by 35%.
Lai Sun Weighs Stake Sale in London Office Skyscraper Project: Hong Kong developer Lai Sun Development Co. is considering options for a planned office tower in ...
bloomberg.com/news/articles/2024-04-23/lai-sun-weighs-stake-sale-in-london-office-skyscraper-project
China recently obtained Nvidia's artificial intelligence chips through resellers, @Reuters research has shown. Universities and research institutes got hold of ... Show more www.reuters.com/world/china/china-acquired-recently-banned-nvidia-chips-super-micro-dell-servers-tenders-2024-04-23/
Quick Glance: China Acquires Banned Nvidia Chips in Super Micro, Dell Servers
- Chinese universities obtained Nvidia chips through third parties despite ban
- Tenders reveal acquisition of advanced chips in server products
- Sales by unknown Chinese retailers bypass U.S. regulations
- Tenders demonstrate China's access to advanced technology, potential export control violations
US government reportedly ponders crimping China's use of RISC-V: Permissive licenses may be about to collide with geopolitics
theregister.com/2024/04/24/us_commerce_china_risc_v_investigation/
Quick Glance: US Government Considers Restricting China's Use of RISC-V
- The US Department of Commerce is reportedly considering lawmakers' calls to make it harder for China to use the RISC-V instruction set architecture (ISA).
- RISC-V is permissively licensed, allowing developers to access the ISA for free and create proprietary or open source implementations for various applications.
- The Commerce Department is now reportedly examining RISC-V to review potential risks and assess appropriate actions that could address concerns effectively.
- China is already embracing RISC-V, with local chip design firms utilizing the ISA to develop desktop PC chips for Chinese schools and a server-grade processor for Alibaba Cloud.
Spot the difference: Hong Kong chef's tattered tee resembles $1,500 Balenciaga top, says netizen
asiaone.com/lifestyle/spot-difference-hong-kong-chefs-tattered-tee-resembles-1500-balenciaga-top-says-netizen
China’s Growing Ranks of Bubble Tea Billionaires: Sellers of the hugely popular drink are rushing to cash in, but increasing competition threatens to spoil the ...
bloomberg.com/news/articles/2024-04-21/china-s-growing-ranks-of-bubble-tea-billionaires
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Quick Glance: China's Bubble Tea Billionaires
- The passion for bubble tea has produced at least a half-dozen billionaires in China in recent years, known for the sweet drink with sticky tapioca pearls.
- On April 23, Sichuan Baicha Baidao Industrial Co., China's third-largest bubble tea chain, is set to begin trading and raise over $300 million in the largest Hong Kong listing since November.
- The founders of the company, Wang Xiaokun and Liu Weihong, could have a combined net worth of $2.7 billion based on their 73% stake after the initial public offering, according to the Bloomberg Billionaires Index.
- The growing popularity of bubble tea also has the potential to create additional fortunes and is a phenomenon particularly beloved by Millennials and Gen Zers.
What Apple will say if a US TikTok ban becomes law: Sometimes Apple (and other Big Tech companies) have to compromise to stay in business in other countries ...
businessinsider.com/apple-tiktok-app-store-ban-china-law-2024-4
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
Hong Kong bourse operator's Q1 profit drops on weaker listings, trading
reuters.com/business/finance/hong-kong-bourse-operators-q1-profit-down-13-weaker-listings-trading-2024-04-24/
Highest-level rainstorm warning issued in southern China’s Guangdong: Four people have died so far and 10 are missing, according to state media.
straitstimes.com/asia/east-asia/highest-level-rainstorm-warning-issued-in-south-chinas-guangdong
Consuls-General of Australia and New Zealand, and the Australian and New Zealand communities in Hong Kong, gathered at the Cenotaph for the Anzac Day dawn ... Show more
Blinken will urge China to stop sending military supplies to Russia : The U.S. secretary of state is on his second visit to China in a year, but progress on ...
washingtonpost.com/national-security/2024/04/24/blinken-china-visit-russia-ukraine/
Quick Glance: Blinken Discusses Key Issues with China
- USA and China discuss global conflicts and tensions in Shanghai and Beijing.
- Discussions on Russia, Ukraine, Middle East, Taiwan, South China Sea.
- Calls for China to exert influence on Iran and maintain stability in the region.
- Disputes over human rights, synthetic opioids, and illegal activities.
HSBC says growing Chinese wealth fuels client investments in US: HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S. ...
reuters.com/business/finance/hsbc-says-growing-chinese-wealth-fuels-client-investments-us-2024-04-24/
China’s search for an answer to ChatGPT is just beginning: At depressed valuations, SenseTime offers a low-risk bet on a potential winner
ft.com/content/16bf83d1-0c51-456f-b283-8c7fe085ec68
Quick Glance: SenseTime Stock Surges 36% Post Latest AI Model Launch
- SenseTime's stock surged 36% after unveiling the latest SenseNova generative AI model.
- The company introduced SenseNova 5.0 at a Tech Day event in Shanghai, showcasing significant enhancements in linguistic and creative capabilities.
- SenseTime is part of the Chinese companies developing alternative AI platforms to compete with US counterparts.
- The launch of SenseNova 5.0 and SenseTime's efforts to boost growth amid intense competition and geopolitical tensions were emphasized.
Hong Kong hit by third straight weak IPO as AI player Mobvoi disappoints: HONG KONG -- Chinese artificial intelligence company Mobvoi went public in Hong Kong on ...
asia.nikkei.com/Business/Markets/IPO/Hong-Kong-hit-by-third-straight-weak-IPO-as-AI-player-Mobvoi-disappoints
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Morning Bid: Tanking Tesla reports, Europe business beats: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-23/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
India tells spice makers to give details of quality checks after Hong Kong allegations, source says
reut.rs/3w393JI
Hong Kong Bitcoin (BTC), Ether (ETH) ETF Launches to Test Crypto Hub Ambition: Hong Kong is set to follow in the footsteps of the US by listing a batch of ...
bloomberg.com/news/articles/2024-04-23/hong-kong-bitcoin-btc-ether-eth-etf-launches-to-test-crypto-hub-ambition
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Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head: Chinese brokerage Haitong Securities removed Lin Yong from chief executive of ...
reuters.com/business/finance/brokerage-haitong-removes-long-term-hong-kong-unit-chief-lin-appoints-new-head-2024-04-24/
Hong Kong, China and a footballing dilemma: Hong Kong, China and a footballing dilemma
bbc.com/sport/football/articles/c9ezpy0ryk0o
HKFP_Lens: To celebrate its 45th anniversary, the MTR Corporation is launching an exhibition, “Station Rail Voyage,” which showcases retired trains and over ... Show more hongkongfp.com/2024/04/19/hkfp-lens-revisiting-hong-kongs-old-railways-at-the-mtrs-new-exhibition/
Quick Glance: HKFP Lens: Exploring Hong Kong's Old Railways at MTR's Exhibition
- The MTR Corporation is launching the 'Station Rail Voyage' exhibition featuring retired trains and over 100 railway artifacts at Hung Hom Station.
- The exhibition showcases the first-generation electric train 'Yellow Head' of the East Rail Line.
- Visitors can view different types of trains up close, listen to station announcements, and capture memorable photos at the photo booth.
- Retro-style ticket cards will be available as souvenirs, and the exhibition is open for free visits on Saturdays, Sundays, and public holidays by reservation.
Chinese EV battery maker CATL unveils LFP battery with 1,000 km range: Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron ...
reuters.com/business/autos-transportation/chinese-ev-battery-maker-catl-unveils-lfp-battery-with-1000-km-range-2024-04-25/
Ray Chan sadly passed away earlier this week.
He served as supervising art director on many MCU films & as production designer on ‘Deadpool & ... Show more
China should have confidence to talk to us, Taiwan's president-elect says: China should have the confidence to talk to Taiwan's legally elected government ...
reuters.com/world/asia-pacific/taiwans-president-elect-appoints-new-team-says-islands-security-difficult-2024-04-25/
Tiffany Cheung, Hong Kong YouTuber who shared journey fighting cancer, dies at 32
scmp.com/news/hong-kong/society/article/3259937/tiffany-cheung-hong-kong-youtuber-who-shared-journey-fighting-cancer-dies-32
China's ambassador to Canada leaves his post: Chinese ambassador to Canada, Cong Peiwu, who has served since 2019, has left his post and returned to China ...
reuters.com/world/americas/chinas-ambassador-canada-leaves-his-post-2024-04-21/
The Hong Kong Observatory warned the public to avoid swimming in open water or taking part in other outdoor watersports.
(Link in comments) #hongkong #hk ... Show more #weather #rain #severeweather #thunderstorm
CVC Capital IPO Price Range Set for €1.6 Billion Amsterdam Listing: CVC Capital Partners and some of its investors are seeking to raise €1.6 billion ($1 ...
bloomberg.com/news/articles/2024-04-22/buyout-firm-cvc-sets-price-range-for-1-6-billion-amsterdam-ipo
China's Li Auto cuts car prices in market share battle: Chinese automaker Li Auto on Monday cut prices by around 5% on four of its five models and said it would ...
reuters.com/business/autos-transportation/chinas-li-auto-cuts-car-prices-market-share-battle-2024-04-22/
Speaking at a weekly press conference on Tuesday, Chief Executive John Lee said he believed Hong Kong’s media outlets had “improved compared to the past ... Show more hongkongfp.com/2024/04/23/no-need-for-fake-news-law-as-long-as-media-industry-practices-self-discipline-hong-kong-leader-john-lee-says/
XPeng CEO says its software, AI upgrades to enter 'super fast cycle': Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial ...
reuters.com/business/autos-transportation/xpeng-ceo-says-its-software-ai-upgrades-enter-super-fast-cycle-2024-04-25/
US next-gen B-21 bomber likely obsolete upon delivery: While the US mulls acquiring more of its next-gen B-21 bombers, fast-moving technological advancements ...
asiatimes.com/2024/04/us-next-gen-b-21-bomber-likely-obsolete-upon-delivery/
Beijing powers up into car wars battleground: The Beijing Auto Show, the first since the pandemic, will be a battleground. Foreign automakers from Tesla to ...
reuters.com/breakingviews/beijing-powers-up-into-car-wars-battleground-2024-04-24/
India tells spice makers to verify quality after Hong Kong allegations: India's spice exports regulator has asked MDH and Everest to provide details of quality ...
reuters.com/world/india/indias-everest-says-its-food-products-are-safe-after-hong-kong-halts-sale-2024-04-23/
China Plays Long Diplomatic Game in Iran-Israel Feud as Middle East Simmers: Hi, I'm Ben Holland in Hong Kong, where my 15 years of experience covering the ...
bloomberg.com/news/newsletters/2024-04-19/china-plays-long-diplomatic-game-in-iran-israel-feud-as-middle-east-simmers
China to Stop Displaying Real-Time Data for Foreign Flows Into Stocks: China will soon cease displaying real-time data for flows into the world’s second-largest ...
bloomberg.com/news/articles/2024-04-15/china-to-end-live-feed-on-gauge-of-foreign-flows-into-stocks
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Mercedes says it will continue to invest in China tie-ups: Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with ...
reuters.com/business/autos-transportation/mercedes-benz-shows-off-electric-line-up-beijing-autoshow-not-giving-up-2024-04-25/
India inspects plants of spice makers MDH, Everest over alleged contamination: India is inspecting facilities of spice makers MDH and Everest for compliance with ...
reuters.com/world/india/india-inspects-facilities-spice-makers-mdh-everest-regulator-says-2024-04-24/
Quick Glance: FSSAI Testing Spice Samples After Hong Kong, Singapore Product Recalls
- Following the discovery of ethylene oxide in products from Everest and MDH in Hong Kong and Singapore, the Food Safety and Standards Authority of India has initiated the collection of samples of powdered spices from all brands across the country to assess their quality.
- An unidentified official mentioned that India's food safety regulator has commenced sampling spices from all brands, including MDH and Everest, to ensure compliance with quality standards.
- The official also highlighted that India's Food Safety and Standards Authority, operating under the Ministry of Health and Family Welfare, does not monitor the quality of spices exported from the country.
- According to Maharashtra Food Assistant Commissioner Ulhas Ingwale, the authority received reports of pesticide residue in specific flavors of MDH and Everest, prompting considerations for sampling and pesticide testing.
Heavy Rains and a Water Spout Hit Southern China: Bad weather in Guangdong Province forced evacuations as forecasters warned of more rain and potential flooding.
nytimes.com/2024/04/21/world/asia/china-rain-hong-kong-waterspout.html
China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reuters.com/world/china/chinas-ev-survival-game-creates-peril-power-2024-04-24/
China's US envoy urges cooperation, cites 'severe' challenges: China's ambassador to the United States urged the two superpowers to cooperate on improving ...
reuters.com/world/chinas-us-envoy-urges-cooperation-cites-severe-challenges-2024-04-21/
Long-lost Gustav Klimt painting sold to Hong Kong bidder for US$32 million at Vienna auction
scmp.com/news/world/europe/article/3260257/long-lost-gustav-klimt-painting-sold-hong-kong-bidder-us32-million-vienna-auction
Quick Glance: Klimt's 'Portrait of Miss Lieser' Sells for $32 Million Euros at Auction
- Klimt's 'Portrait of Miss Lieser' sells for $32 million euros at auction despite subject's uncertainty.
- The painting depicts a young woman in a turquoise dress and floral gown against a red background.
- The current owners reached a 'fair and just solution' with the legal successors of the Lieser family.
- The painting's history post-Klimt's death and during the Nazi era raises significant questions.
University of Hong Kong to require tourists to register before entering campus amid complaints about visitors
hongkongfp.com/2024/04/22/university-of-hong-kong-to-require-tourists-to-register-before-entering-campus-amid-complaints-about-visitors/
China Developers Slash Prices by 40% at Luxury Hong Kong Apartment Project: Distressed Chinese developers trying to sell luxury apartments at a new complex in ...
trib.al/NfyDnEg
Quick Glance: Significant Reduction in Luxury Apartments in Hong Kong
- Luxury apartments in Hong Kong are being reduced by almost half in price.
- Developers have only managed to sell five out of 295 apartments.
- Buyers are allowed up to 180 days for downpayments.
- Developers are in restructuring discussions due to credit issues.
China revokes win for He Jie after investigation into half marathon: The winner of Beijing's half marathon He Jie and three African runners have had their ...
reuters.com/sports/athletics/china-revokes-win-he-jie-after-investigation-into-half-marathon-2024-04-19/
Quick Glance: Scandal at Beijing Half Marathon: 4 Runners Disqualified
- Following an unusual finish at the Beijing Half Marathon, the top finishers were disqualified as three runners from Africa seemingly made way for a Chinese competitor to win.
- The finish line incident caused a commotion, prompting questions about why the three other runners appeared to yield the victory to He.
- Subsequent to the investigation, all four runners were disqualified for the pacemakers deliberately slowing down in the final two kilometers of the race, aiding He's victory.
- Confirmation was provided by the organizers that although Xtep invited Mnangat, Keter, and Hailu as pacemakers, they were mistakenly registered as ordinary competitors.
Lawmaker Joephy Chan has criticised a government film subsidy fund for supporting movies that "bad-mouth" Hong Kong ... Show more hongkongfp.com/2024/04/18/hong-kong-lawmaker-questions-govt-film-fund-vetting-process-citing-soft-resistance-in-some-movies/
Sammo Hung received a lifetime achievement award for his contributions to the Hong Kong film industry.
(Link in comments)#sammohung #hungkambo #film #hk #hongkong #hkmovie ... Show more #donnieyen #brucelee #jackiechan #scmpnews #scmp
Farewell, Tin-yu: Family, friends bid goodbye to Hong Kong girl who died after 4 years in vegetative state
scmp.com/news/hong-kong/society/article/3259764/farewell-tin-yu-family-friends-bid-farewell-hong-kong-girl-who-died-after-4-years-vegetative-state
Hong Kong crypto hub takes shape with approvals, hiring: HONG KONG -- The evolution of Hong Kong into a hub for cryptocurrency trading is gathering pace ...
asia.nikkei.com/Spotlight/Cryptocurrencies/Hong-Kong-crypto-hub-takes-shape-with-approvals-hiring
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Scepticism, suspicions and lots of raised eyebrows over the recent Beijing Half Marathon. Read more: www.scmp.com/sport/china/article/3259157/beijing-half-marathon-runner-insists-he-was-employed-pacer-winner-he-jie-agent-angrily-denies
Quick Glance: Investigation Launched After Beijing Half Marathon Finish
- Following the finish of the Beijing Half Marathon, the results are now under scrutiny due to the peculiar behavior displayed by three runners from Kenya and Ethiopia.
- A Chinese runner overtook the others, as seen in a recorded livestream of the Beijing Half Marathon. The remaining three runners - Willy Mnangat and Robert Keter from Kenya, and Dejene Hailu from Ethiopia - followed closely behind, with He claiming the first place.
- The organizers of the half-marathon are currently examining the results after a video of the finish circulated online, prompting many to question the intention of the three African runners to slow down.
- The winner secured the first place with a time of 1 hour 3 minutes 44 seconds. Mnangat, Keter, and Hailu shared the second place, one second later.
Chinese warn of Taiwan crisis from US military aid: Beijing has expressed strong dissatisfaction and firm opposition after the United States passed a bill that ...
asiatimes.com/2024/04/chinese-warn-of-taiwan-crisis-from-us-military-aid/
What it’s really like to live in Macao: While the rest of the world may associate Macao with gambling, its citizens don’t necessarily feel the same way.
cnn.com/travel/what-its-really-like-to-live-in-macao-intl-hnk/
More younger couples seek to split for reasons such as adultery and conflicts over parenting.
(Link in comments)#hongkong #hk #society #divorce #economy #scmpnews #scmp
Quick Glance: Divorce Cases Surge 25% in Hong Kong
- The number of divorce applications in Hong Kong rose by 25% in 2023, driven by younger couples seeking separation due to adultery and parenting conflicts.
- Last year saw 20,621 divorce cases filed with the Family Court, the highest number since 2019 when the waiting time ranged from 81 to 89 days.
- The waiting time last year reduced to 53-71 days, while the age of children impacted by divorce cases decreased.
- To reduce waiting times, both Tsao and Koon recommended increasing the number of judges in the Family Court and utilizing new technologies to enhance efficiency.
Israel hit Iran with a half-ton 'Rampage' supersonic missile: report : Israeli media reported that Israel used a "Rampage" air-to-surface missile.
businessinsider.com/israel-hit-iran-with-half-ton-rampage-supersonic-missile-report-2024-4
Fans of Hong Kong boy band Mirror upset after Malaysia show cancelled, despite Singapore ticket exchange and compensation offers
scmp.com/news/hong-kong/society/article/3259689/fans-hong-kong-boy-band-mirror-upset-after-malaysia-show-cancelled-despite-ticket-exchange-and
What to do about the EU’s relative decline: The European Union will be marginalised if it continues to shrink compared to other parts of the world ...
reuters.com/breakingviews/what-do-about-eus-relative-decline-2024-04-22/
Quick Glance: Addressing the EU's Relative Decline
- The EU faces marginalization if it continues to shrink compared to other parts of the world.
- There are two ways to look at the EU's relative decline: living standards and power.
- The EU is dealing with different threats from aggressive Russia, China, and the United States.
- To tackle the challenges, the EU needs to strengthen its single market, invest in key industries, and focus on future technologies.
Souring China dreams force Western financial firms to cut costs: Just a few years ago, lucrative business prospects in China on the back of a booming economy led ...
reuters.com/world/china/souring-china-dreams-force-western-financial-firms-cut-costs-2024-04-22/
China’s ‘red circle’ law firms rush to tap other markets: Mainland’s biggest firms opening offices in Asia, US and Africa as they seek to challenge international ...
ft.com/content/71a677a9-d45b-490b-a4cf-764ebb2f69af
Quick Glance: China’s ‘Red Circle’ Law Firms Expanding Internationally
- China’s top 'red circle' law firms are aggressively expanding their international presence and working at lower fees than western competitors.
- Several Chinese firms have opened offices in Asia and the US since early 2023, while international rivals retreat from the Chinese market.
- This expansion signals Chinese firms' aspiration to capture international clients and move into China-friendly nations.
- Although Chinese firms still lag behind western rivals, China's growing global presence is opening doors to international markets and fostering potential for future growth.
Chinese technology giant Huawei started selling two models of its highly anticipated, high-end Pura 70 smartphone series that many analysts expect to contain ... Show more www.reuters.com/technology/chinas-huawei-start-selling-pura-70-smartphones-2024-04-18/
Quick Glance: Huawei Begins Sales of New Pura 70 Smartphone Amid Chip Scrutiny
- Huawei started selling two models of its highly anticipated, high-end Pura 70 smartphone series that are expected to contain an advanced China-made chip like its Mate 60 handset.
- The Mate series by Huawei emphasizes performance and business features.
- Eric Xu, Huawei's acting chairman, announced that the company also plans to roll out a Mate 70 smartphone this year.
- According to Ivan Lam, a senior analyst at research firm Counterpoint, shipments of about 60 million units from Huawei are expected this year, with the Pura 70 series being an important catalyst.
Trading in China's SenseTime halted after shares pop 30% in Hong Kong: HONG KONG -- Trading in shares of SenseTime, the Chinese facial recognition giant ...
asia.nikkei.com/Business/Technology/Trading-in-China-s-SenseTime-halted-after-shares-pop-30-in-Hong-Kong
Chinese quant funds expand abroad as rules tighten at home: China's data-driven quant trading funds are briskly expanding overseas as competition heats up at ...
reuters.com/world/china/chinese-quant-funds-expand-abroad-rules-tighten-home-2024-04-22/
Hong Kong's audit watchdog to investigate PwC audit role in Evergrande: Hong Kong's audit watchdog Accounting and Financial Reporting Council (AFRC) said on ...
reuters.com/world/china/hong-kongs-audit-watchdog-investigate-pwc-audit-role-evergrande-2024-04-19/
UBS Upgrades China Stocks to Overweight, Cuts Taiwan and Korea: UBS Group AG raised its recommendation on a key Chinese stock index to overweight in a rare ...
bloomberg.com/news/articles/2024-04-23/ubs-upgrades-china-stocks-to-overweight-cuts-taiwan-and-korea-lvboqewq
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China's edge in flying cars and an Asian tag-team in AI: Hello everyone, this is Cissy from Hong Kong.When I was at the CES trade show in Las Vegas earlier this ...
asia.nikkei.com/techAsia/China-s-edge-in-flying-cars-and-an-Asian-tag-team-in-AI
Experts say the influx could create more job opportunities for all.
(Link in comments) #hongkong #talentscheme #jobs #economy #professionals #scmpnews #scmp
Exclusive: China's Sinopec charts global expansion with refinery in rival India's backyard
reuters.com/markets/commodities/chinas-sinopec-charts-global-expansion-with-refinery-rival-indias-backyard-2024-04-25/
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