Hong Kong Times

Chinese Robotics Firm Mech-Mind Prepares $300 Million Hong Kong IPO

Mainland Chinese robotics developer Mech-Mind Robotics is preparing a three hundred million United States dollar Hong Kong listing, bringing its industrial three-dimensional cameras and artificial intelligence software to investors amid ...

Hong Kong Chiu Chow Groups Launch Cultural Tours Ahead of Yu Lan Festival

Chiu Chow community organizations in Hong Kong have introduced themed bus tours ahead of the Yu Lan Cultural Festival, with organizers expecting about forty thousand visitors and seeking to promote the city’s traditional heritage to main...

Hong Kong Hosts Asia-Pacific University Robotics Contest With Teams From 15 Countries and Regions

The Asia-Pacific Broadcasting Union Robot Contest has opened in Hong Kong with engineering teams from fifteen countries and regions competing in technical challenges, showcasing the city’s role in regional youth innovation and academic t...

Hong Kong Moves Toward Formal Ride-Hailing Licences After Surge in Driver Applications

Hong Kong plans to invite major ride-hailing platforms to apply for official operating licences in the coming weeks after more than seven thousand five hundred drivers applied for the newly combined taxi and ride-hailing written test.

More Than 94% of Wang Fuk Court Homeowners Accept Hong Kong Government Acquisition Offer

More than ninety-four percent of homeowners at Wang Fuk Court have accepted the government’s acquisition offer ahead of the August deadline, clearing the way for a major urban renewal and infrastructure redevelopment project.

Hong Kong Home Prices Rebound 18% as Rents Reach Record High

Hong Kong residential property prices have recovered eighteen percent from their previous market low as lower mortgage rates and mainland Chinese demand support the market, while strong leasing demand has pushed the city’s rental index t...

Hong Kong Exchanges Extends Bonnie Chan’s Term and Eases New Listing Rules

Hong Kong Exchanges and Clearing has extended Chief Executive Bonnie Chan’s tenure through 2030 while giving prospective issuers a twelve-month application window, part of efforts to strengthen the city’s appeal as an international finan...

Hong Kong Opens Kuala Lumpur Trade Office to Deepen Southeast Asian Economic Ties

Hong Kong has opened an Economic and Trade Office in Kuala Lumpur as the city seeks closer commercial links with Southeast Asia and greater connections between ASEAN investors and opportunities across the Greater Bay Area.

Shein Delays Hong Kong IPO to September Amid Cautious Investor Demand

Fast-fashion retailer Shein has postponed its Hong Kong stock market debut from August to September as slower-than-expected order-book building highlights cautious sentiment among institutional investors in Asian equities.

MTR First-Half Profit Doubles to HK$15.8 Billion on Property Gains

MTR Corporation reported first-half net profit of fifteen point eight billion Hong Kong dollars, roughly double the previous level, driven largely by property development gains, with the rail operator planning to reinvest funds in infras...

Hong Kong Raises 2026 Growth Forecast to 3.5%-4.5% on Strong Exports and Domestic Demand

Hong Kong has upgraded its 2026 economic growth forecast to a range of three point five to four point five percent after strong second-quarter expansion and rising global demand for artificial intelligence-related electronics boosted exp...

Chinese Electric Vehicle Brands Reach Record 14.2% Share of Western European EV Market

Chinese automakers captured fourteen point two percent of Western Europe’s electric vehicle market despite European Union tariffs of more than thirty-five percent, underscoring the competitiveness of China’s integrated battery and vehicl...

AI-Powered Systems Used in Suspected Cyberattacks Targeting Taiwanese Networks

Cybersecurity researchers have identified artificial intelligence-based tools allegedly used to map multiple Taiwanese government networks simultaneously, highlighting the growing use of autonomous systems in suspected cyber operations t...

Unitree Robotics Shares Fall After Shanghai IPO as Founder Warns of Humanoid Robot Limits

Unitree Robotics was valued at sixty-one billion yuan in its Shanghai debut before its shares fell after the founder said humanoid robots remain years away from large-scale commercial viability, tempering expectations around China’s fast...

DeepSeek Raises API Prices More Than 1,000% With New Flagship AI Model

Chinese artificial intelligence company DeepSeek has released a new flagship model while sharply increasing application programming interface prices, signaling a shift toward commercial monetization after years of intense price competiti...

US Appeals Court Orders Review of Pentagon Designation Against DJI

A US federal appeals court has ordered a formal review of the Pentagon’s designation of Shenzhen-based DJI as a Chinese military enterprise, giving the drone maker a procedural victory that could affect the company’s exposure to US techn...

China Keeps Key Lending Rates Unchanged as Policymakers Weigh Support for Weak Domestic Demand

The People’s Bank of China held the one-year and five-year loan prime rates at three percent and three point five percent, respectively, as Premier Li Qiang called for additional fiscal measures to support an economy facing persistent we...

Yangtze Memory Clears Regulatory Hurdle Ahead of Major Shanghai STAR Market IPO

Yangtze Memory Technologies has completed key pre-listing preparations for a planned domestic share offering, clearing an important regulatory step as the state-backed memory-chip maker seeks capital to expand production and strengthen C...

Alibaba Profit Falls 75% as Artificial Intelligence Investment Squeezes Margins

Alibaba reported a seventy-five percent drop in net income despite nine percent revenue growth, as weaker margins in domestic e-commerce coincide with heavy investment in artificial intelligence infrastructure and large language model de...

China Tightens Administrative Controls Around Disputed Scarborough Shoal

China has introduced new restrictions covering the Huangyan Dao nature reserve, while the China Coast Guard and Ministry of Natural Resources have expanded administrative and monitoring measures around the disputed South China Sea territ...

Chinese Satellite Firm Spacecom Raises Nearly $2 Billion for 15,000-Satellite Constellation

State-backed Spacecom has secured almost two billion dollars to accelerate development of a planned fifteen-thousand-satellite low-Earth-orbit network, reflecting China’s push to build a large domestic communications constellation.

Swiss Tourist Sentenced to One Year in Prison for Insulting Bali's Sacred Day of Silence

An Indonesian court convicted twenty-six-year-old Luzian Andrin Zgraggen of blasphemy after he breached strict holiday restrictions and posted an explicit video from an empty beach.

Father Reprimanded After Leaving Seven-Year-Old Son Alone on Mount Fuji During Summit Climb

Japanese police intervened after the child was discovered abandoned for hours in rainy, foggy conditions at 2,000 meters while his father continued hiking toward the peak.

Alibaba Plans HK$80 Billion Hong Kong Share Sale to Fund Artificial Intelligence Expansion

Alibaba plans to raise HK$80 billion through a primary follow-on share offering aimed exclusively at investors outside the United States, directing proceeds toward full-stack artificial intelligence development in what would be the large...

Artificial Intelligence Companies Raise Nearly HK$100 Billion in Hong Kong IPOs

Hong Kong Financial Secretary Paul Chan said artificial intelligence-related companies raised nearly HK$100 billion through initial public offerings between December and May, accounting for 55 percent of total funds raised and underscori...

Hong Kong Exchanges and Clearing Posts Record First-Half Revenue as Technology Listings Surge

Hong Kong’s stock exchange operator reported record first-half revenue of HK$16.7 billion and a 24 percent rise in profit, supported by strong fundraising activity from artificial intelligence companies and increased participation by Mai...

Hong Kong and Mainland Authorities Hold AI Cybersecurity Challenge to Develop Regional Talent

Hong Kong’s Digital Policy Office and mainland cyberspace authorities have held the finals of a cybersecurity competition at Cyberport, where 40 teams used autonomous artificial intelligence agents for digital defense as the city expands...

Sinopec Announces Share Buyback and 49.5% Dividend Payout Ratio After Resilient First-Half Revenue

China Petroleum and Chemical Corporation reported first-half revenue of 1.44 trillion yuan and announced a new share repurchase program alongside a 49.5 percent dividend payout ratio, strengthening investor returns amid broader regional ...

Hong Kong Receives Two Bids for Kai Tak Smart and Green Mass Transit System

The government has received two consortium bids for the Kai Tak Smart and Green Mass Transit System, which is scheduled for completion in 2031 and will link the Kai Tak Cruise Terminal with the Mass Transit Railway network while using ne...

Shein Delays Hong Kong IPO From August to September as Investor Commitments Slow

Fast-fashion company Shein has postponed its planned Hong Kong listing by about a month after institutional investor commitments were delayed, putting one of the market’s most closely watched offerings on hold as the company navigates un...

Hua Hong Grace Semiconductor Added to Hang Seng Index as Technology Focus Deepens

Hua Hong Grace Semiconductor has been added to the benchmark Hang Seng Index following its latest quarterly review, increasing the representation of semiconductor manufacturing in Hong Kong’s leading equity gauge.

Hong Kong Rejects Extension of Wang Fuk Court Buyout Deadline as Owners Face Insurance Decisions

The government will not extend the August 31 deadline for owners to accept a HK$6.8 billion state buyout of the fire-damaged Wang Fuk Court complex, leaving displaced residents to decide on property transfers and related insurance claim ...

Hong Kong Exchange Eases Listing Rules With New Twelve-Month Application Window

Hong Kong Exchanges and Clearing has introduced a more flexible listing process allowing prospective issuers to work within a 12-month application window, giving companies more time to complete offerings amid volatile market conditions.

China Tightens Offshore Trust Rules to Close Tax Shelters for Wealthy Individuals

Financial authorities have introduced new regulations giving wealthy taxpayers 90 days to settle back taxes while restricting the use of offshore trusts, foreign passports and complex structures to shield assets.

United States Opens Patent Investigation Into Chinese Battery Maker EVE Energy

Washington has launched an intellectual property investigation into EVE Energy, prompting Beijing to call for the United States to withdraw drone tariffs and end what it described as discriminatory investigations of Chinese advanced-manu...

China Sovereign Wealth Fund Names Wu Wei as New President in Executive Reshuffle

China Investment Corporation has appointed former Shanghai official Wu Wei as president of the state sovereign wealth fund, a personnel change that has renewed market speculation over possible consolidation among state-owned financial in...

Huawei Begins Presales for Smart Vehicle Co-Developed With Dongfeng Motor

Huawei has opened presales for a new vehicle developed with state-owned Dongfeng Motor, deepening the technology company’s push to integrate autonomous driving systems and digital services into established automotive manufacturing networks.

DeepSeek Unveils Experimental Multimodal Vision Model as China’s AI Race Intensifies

The Chinese artificial intelligence startup has released a new experimental vision model capable of handling multiple forms of data, adding to competition with domestic technology groups including Baidu and Tencent.

China’s Youth Unemployment Rate Rises to 17.9% as Job Market Remains Constrained

The unemployment rate for people aged 16 to 24 reached a three-year high in July, underscoring the difficulty of absorbing millions of highly educated young workers as China’s economy shifts away from property and infrastructure-led growth.

China Expands Subsidized Lending as Weak Domestic Demand Weighs on Growth

Financial regulators have broadened subsidized credit programs and raised borrowing limits for smaller businesses and consumers as uneven industrial output and declining fixed-asset investment point to continued pressure on domestic demand.

Tencent and Alibaba Ramp Up Artificial Intelligence Spending as Compute Race Intensifies

China’s technology giants are sharply increasing investment in artificial intelligence infrastructure, with Tencent’s capital expenditure rising 176% and pushing the company into negative free cash flow as demand for advanced computing c...

Japan Reports Rare-Earth Shortages as China Tightens Critical Mineral Export Controls

Japanese manufacturers are facing shortages of essential rare-earth materials after China imposed targeted supply curbs, highlighting the risks for industrial producers that depend on Chinese processing capacity.

Unitree Shares Surge More Than 600% in Shanghai Debut, Valuing Robot Maker at Over $66 Billion

The humanoid robotics company attracted nearly 10 million retail investment accounts in its initial public offering, reflecting strong investor enthusiasm for China’s push into autonomous technology.

China Orders Liquidation of Evergrande’s Main Onshore Subsidiary

Chinese courts have formally begun liquidation proceedings for the property developer’s principal domestic arm, while regulators revoked Evergrande Life’s operating license over illegal use of funds, marking another major step in dismant...

China’s Changxin Memory Valuation Tops 4 Trillion Yuan Amid Semiconductor Rally

The domestic memory-chip maker has reached record market levels as rising artificial intelligence demand tightens global supply and strengthens expectations for China’s continued expansion of critical semiconductor production.

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