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BUSINESSJul 28Hong Kong Shopping Festival eyes Asean expansion, with Singapore, Malaysia firstAn annual e-commerce shopping festival supporting Hong Kong’s small and medium-sized enterprises will expand into the Asean region for the first time via Singapore and Malaysia, with plans to include other countries in future. The Trade Development Council, the organiser, said on Tuesday that the third edition of the annual Hong Kong Shopping Festival, launching next month, had attracted a record number of local brands across its mainland China and Asean editions this year. The annual festival,...South China Morning Post
BUSINESSJul 28Mercedes gets shares boost on stable second quarter despite China woesYahoo Finance
BUSINESSJul 28Global Market : Xiaohongshu faces scrutiny over potential Hong Kong IPO plans amid VIE structure disputeXiaohongshu is undergoing scrutiny regarding its potential Hong Kong IPO plans due to a dispute over its VIE structure. This situation could impact the company's market entry and financial strategies.economictimes.indiatimes.com · India
BUSINESSJul 28AM Markets Need to Know: China advances chip tools, AI credit risk rises, and moreMorning market insights highlight China's advancements in chip tools and the rising credit risk associated with AI. These are key developments for markets to consider.Seeking Alpha Tech
BUSINESSJul 28Mercedes-Benz cuts sales forecast as profit rises despite China weaknessGerman premium carmaker Mercedes-Benz reported a 22% rise in second-quarter operating profit but cut its full-year car sales forecast due to weakness in China.EuroNews [en]
BUSINESSJul 28Taiwan reportedly probes Nvidia office over alleged AI chip smuggling to ChinaTaiwan is reportedly investigating Nvidia's office concerning alleged smuggling of AI chips to China. This probe highlights international trade control issues and the sensitive nature of advanced technology transfers.Seeking Alpha Tech
BUSINESSJul 28China’s rare earth reserves could be much larger than reported: leading geologistThe world’s largest known rare earth deposit in northern China could contain far more resources underground than currently reported, according to a leading Chinese geologist. Containing 100 million tonnes of rare earth reserves, the Bayan Obo mine in the Inner Mongolia autonomous region has served as the backbone of China’s rare earth industry for decades. According to Yang Li, a Peking University geologist, “Bayan Obo’s rare earth resources have been the dominant source of global rare earth...South China Morning Post
BUSINESSJul 28Hong Kong’s Asean charm offensive bags US$1.5 billion Malaysian bond listingHong Kong’s push to draw Southeast Asian companies and markets into its financing orbit has scored a milestone, with the Malaysian government preparing to list a US$1.5 billion Islamic bond in the international financial centre later this week. The dual listing – sold on Bursa Malaysia and Hong Kong Exchanges and Clearing (HKEX) – marks the first concrete result of a visit to Kuala Lumpur led by Secretary for Financial Services and the Treasury Christopher Hui Ching-yu last week. The offering...South China Morning Post
BUSINESSJul 28Philippines pushes AI hub , gas , and nuclear to boost investmentThe Philippines is promoting an AI hub, gas, and nuclear energy to attract more investment. This signifies a national strategy for economic growth and diversification.eco-business.com · China
BUSINESSJul 28China's BYD rolls out ultracompact EV to challenge Japan's minicar marketChina's BYD Co. on Tuesday launched a new ultracompact electric vehicle developed specifically for Japanese customers to challenge the country's minicar market, long dominated by domestic automakers. The…Japan Today
BUSINESSJul 28China-made vessel carries record number of EVs in shipment from Shanghai to EuropeChina has shipped a record number of electric vehicles (EVs) overseas from a Shanghai terminal, carried by a new generation of China-built car carrier ships – the latest instance of the country’s products taking on an even larger role in global supply chains. The Malta-flagged Glovis Nova, a newly delivered vehicle carrier built in China, loaded 7,738 new energy vehicles at Shanghai’s South Port Terminal on Sunday, setting a new domestic record for the number of vehicles shipped from a Chinese...South China Morning Post
BUSINESSJul 28BYD launches Racco electric mini car in Japan, targets 10,000 ordersBYD has launched its Racco electric mini car in Japan and aims to secure 10,000 orders for the new vehicle.Seeking Alpha Tech
BUSINESSJul 28The unexpected winners from China’s blockbuster chip IPOFunds run by local government in Hefei make gains of 5,000% from chipmaker’s blockbuster listingFinancial Times
BUSINESSJul 28Profits of China electronics industry up 96 . 9 % in H1The electronics industry in China experienced a significant increase in profits during the first half of the year. This indicates strong economic performance within that sector.china.org.cn · China
BUSINESSJul 28Japanese Market Sharply Lower , Tumbles 4 % The Japanese market experienced a sharp decline, falling by 4%. This indicates significant negative movement in the country's stock market.rttnews.com · United States
BUSINESSJul 28CATL-backed smart driving tech firm to kick off Hong Kong IPO this week: sourcesNASN Intelligent Tech, a mainland Chinese smart driving motion control technologies company, is seeking to kick off its initial public offering (IPO) in Hong Kong as soon as Thursday, according to people familiar with the matter. The company, backed by battery giant Contemporary Amperex Technology Ltd (CATL), recently passed its listing hearing, signalling it could kick off its book building anytime. Debuts are scheduled for August 7, the sources said, requesting not to be identified as the...South China Morning Post
BUSINESSJul 28Japanese Market Sharply Lower , Tumbles 4 % The Japanese market experienced a sharp decline, tumbling 4%. This indicates a significant drop in stock prices.rttnews.com · United States
BUSINESSJul 28U.S. and Korean tech stocks are now tightly linked — and that could be a worry for investorsThe 60-day correlation between the Kospi and Nasdaq 100 recently climbed to about 0.50, its highest level since 2021, according to data provided by Rayliant.CNBC
BUSINESSJul 28What Hong Kong can learn from Northern Metropolis’ first land tenderHong Kong’s first large-scale Northern Metropolis land disposal tender was designed to test a new public-private partnership model integrating housing, economic transformation and innovation. As the Hung Shui Kiu pilot tender concludes, the market’s response provides insights into investor sentiment and highlights opportunities to strengthen future phases. The key question is how to turn this vision into projects that attract sustained private-sector participation. The tender shows investor...South China Morning Post
BUSINESSJul 28Shares of SK Hynix plunge 10% in Seoul as semiconductor selloff deepensSemiconductor stocks fell on Tuesday, extending a rout in chipmakers after another weak session on Wall Street.CNBC
BUSINESSJul 28Singapore-based investors now the top non-local buyers of Hong Kong office assetsSingapore-based investors have become the largest group of non-local buyers of commercial properties in Hong Kong, drawn by the sizeable correction in the prices of distressed assets amid a slump in the city’s office segment, according to Colliers. The demand from Singapore was likely to remain steady in the coming months, given that the prices of office assets have declined by as much as 50 per cent, according to Thomas Chak, head of capital markets and investment services at the property...South China Morning Post
BUSINESSJul 27Charting a New Course : Countering China Dominance in Global Shipbuilding • Stimson CenterThe Stimson Center is exploring strategies to counter China's dominance in global shipbuilding. This indicates a focus on international economic competition and strategic industry analysis.stimson.org · United States
BUSINESSJul 27A tale of two markets: Wall Street cheers record highs while Beijing deflates bubblesWhen the S&P 500, Nasdaq and Dow Jones Industrial Average hit record highs in early July, US President Donald Trump hailed it as evidence of America’s economic revival. “This is WINNING. The Golden Age of America is beginning – and we are just getting started,” he wrote in a social media post on July 4, the 250th anniversary of the signing of the US Declaration of Independence. Though it was only the latest in a long series of boasts about the stock market that have punctuated Trump’s...South China Morning Post
BUSINESSJul 27BofA Downplays China DUV Tool Production Report , Sees Only Modest Threat To ASMLBank of America downplays a report on China's DUV tool production, indicating it poses only a modest threat to ASML. This relates to market competition and supply chain dynamics in the semiconductor industry.zerohedge.com · United States