Gary zhou

Tesla's shares rose by 5.51%, adding $76 billion to its market value, as it launched a cheaper Model 3 in Hong Kong and Macau, priced lower than mainland China's version.

Sep 01, 2026

Shein's Hong Kong IPO marks a significant valuation drop to $26 billion, reflecting investor challenges and market pressures. Despite a net loss, demand remains strong with substantial cornerstone commitments.

Sep 01, 2026

Kevin Warsh's inflation warning impacts gold prices, but Hong Kong jewellery costs remain stable due to a complex pricing system. Local chains adjust prices independently, unaffected by immediate market changes.

Sep 01, 2026

Donald Trump criticised Americans opposing data centre construction, warning they risk becoming 'backwards and poor'. His comments follow a report showing significant Republican voter backlash against such projects.

Sep 01, 2026

OpenAI holds $5.5 billion in warrants from SB Energy, reflecting a strategic investment and unique landlord-tenant relationship, as SB Energy prepares for a potential IPO.

Sep 01, 2026

Honda and Nissan have agreed to jointly develop software for next-generation vehicles, aiming to cut costs and enhance competitiveness against Chinese automakers. The collaboration focuses on standardising core electronic systems.

Sep 01, 2026

John Ternus becomes Apple's CEO, succeeding Tim Cook, who moves to Executive Chairman. Ternus faces key challenges, including the launch of a foldable iPhone and a partnership with Google on AI.

Sep 01, 2026

Air China's shares hit a 22-year low after reporting a significant first-half net loss, driven by rising fuel costs amid ongoing geopolitical tensions, affecting the entire Chinese airline sector.

Sep 01, 2026

JD.com has invested over HK$10 billion in Hong Kong property, aiming to redefine retail dynamics by focusing on logistics and supply chain efficiency rather than traditional foot traffic.

Sep 01, 2026

The yen has fallen below 160 to the dollar, erasing gains from a record US-Japan currency intervention. Despite the intervention, further action seems unlikely as the yen's slide continues.

Sep 01, 2026

China's foreign ministry rebuffs US Treasury Secretary's call for G20 pressure on Beijing's trade surplus, advocating for consultation instead. The exchange occurs ahead of President Xi's US visit.

Sep 01, 2026

OpenAI will cease supplying AI models to SpaceX's Cursor, citing contract violations. The decision follows SpaceX's acquisition of Cursor's parent company, Anysphere, and ongoing disputes with Elon Musk.

Aug 31, 2026

US forces struck Iranian rocket launchers in the Strait of Hormuz, prompting Iran to retaliate with missile fire. This military exchange has reignited tensions and affected global oil prices.

Aug 31, 2026

Tim Cook ends his 15-year tenure as Apple's CEO, transitioning to executive chairman. John Ternus, former hardware engineering chief, takes over amid AI challenges and upcoming product launches.

Aug 31, 2026

Hong Kong's Transport Department has opened ride-hailing license applications, setting strict criteria that favor large operators like Uber and Didi Chuxing, aiming for safer and compliant transport options.

Aug 29, 2026

Hong Kong Exchanges and Clearing revamped its Tech 100 Index, adding 10 AI-focused companies and removing 14 others. This marks the largest overhaul of the index, reflecting emerging technology trends.

Aug 29, 2026

Experience the future of urban air mobility with EHang's EH216-S, an unmanned eVTOL aircraft, as it completes its first public demonstration in Hong Kong's Cyberport. Discover its role in the city's Low-Altitude Economy initiative and plans for commercial passenger services.

Aug 29, 2026

Donald Trump signed an executive order to create a US Space Academy, modeled on West Point, to train astronauts and engineers amid growing competition with China.

Aug 29, 2026

Prudential's CEO asserts that China's new offshore tax won't affect Hong Kong sales, despite investor concerns. Mainland demand remains strong, with no observed impact on new business growth.

Aug 29, 2026

Federal Reserve Chair Kevin Warsh suggests potential interest rate hikes to combat inflation, despite President Trump's opposition, highlighting a pivotal moment as AI influences economic dynamics.

Aug 29, 2026

Tencent has launched its Hy4 AI model, boasting 770 billion parameters. It outperformed competitors in internal tests and is open-sourced for broader access, though pricing has significantly increased.

Aug 29, 2026

Bitcoin options worth $6.4 billion expire amid a 28% August surge, driven by ETF inflows. The market faces potential volatility with a put-to-call ratio of 0.83 and a max pain level below current prices.

Aug 29, 2026

A US judge ruled the Pentagon illegally blacklisted AI firm Anthropic over its refusal to allow military use of its technology, citing constitutional rights violations and retaliation concerns.

Aug 29, 2026

The US sanctioned nearly 60 entities linked to Iran, including Hong Kong firms, for allegedly aiding Iran's Revolutionary Guard. A major financial institution's designation is expected soon.

Aug 28, 2026

BYD has opened its 10,000th flash-charging station in Shenzhen, expanding its network across 325 cities and delivering 210 million kWh of electricity since March. The network supports both BYD and non-BYD vehicles.

Aug 28, 2026

Anthropic's Model Hardware Standard allows AI agents to control lab equipment, significantly reducing experiment setup time. The system is being integrated by major partners, with plans for open-sourcing after safety evaluations.

Aug 28, 2026

The Chinese yuan is trading at its strongest level against the dollar since February 2023, reducing the buying power of Hong Kong dollars for residents spending north of the border.

Aug 28, 2026

Hong Kong's Star Ferry seeks a 30% fare increase, citing rising costs and losses. The Transport Advisory Committee will consider public affordability before the Executive Council makes a final decision.

Aug 28, 2026

Floods have twice devastated Gyirong Port, a crucial China-Nepal trade route, disrupting trade, tourism, and energy sectors, with no reopening timeline in sight.

Aug 28, 2026