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BUSINESSJul 2When and how will China ease capital controls?The China Securities Regulatory Commission recently fined three Hong Kong brokerages – Tiger Brokers, Futu Securities International and Longbridge Securities – over US$330 million for offering mainland investors access to overseas stocks without authorisation. This should not be misconstrued as a move to discourage overseas investment. It is merely an attempt to discourage mainland investors from illegal channels that violate China’s capital controls. This is evidenced by the fact that the...South China Morning Post
BUSINESSJul 2AstraZeneca inks kidney therapy deal worth up to $1.77B with China’s CSPCAstraZeneca has signed a kidney therapy deal valued at up to $1.77 billion with China's CSPC. This agreement represents a major collaboration in the pharmaceutical sector.Seeking Alpha Tech
BUSINESSJul 2China aims to ‘infiltrate’ US-Mexico-Canada trade deal, says American manufacturing groupChina is trying to “infiltrate” the US-Mexico-Canada trade agreement via Mexican automotive investments, a US manufacturing trade group said, as Washington indicated it would not renew the agreement that comes up for review this month. However, analysts cautioned that full decoupling from China’s automotive industry remains difficult, given North America’s continued dependence on Chinese-sourced motor vehicle components and Mexico’s legacy of export manufacturing plus quick access to the US...South China Morning Post
BUSINESSJul 2Hong Kong’s box office takings for first half of 2026 up 25% year on yearHong Kong’s box office takings for the first half of 2026 rose by nearly a quarter year on year, with the comedy Night King emerging as the highest-grossing film over the six-month period. According to figures from Hong Kong Box Office, 142 films premiered between January 1 and June 30, of which 17 were locally made. The movies generated HK$664 million (US$85 million), up from HK$531 million in the first six months of last year. “The summer film season has just begun with many family-friendly...South China Morning Post
BUSINESSJul 2Make Hong Kong China’s ‘space finance capital’, legal group urges BeijingAn independent legal group has proposed that Beijing designate Hong Kong as the country’s “space finance capital”, positioning the city as a gateway for commercial development of the sector under the national five-year plan. The Asian Academy of International Law also proposed in policy papers issued on Thursday that Hong Kong should enact a space asset registration and finance ordinance to provide legal certainty for the financing of such assets. The group pointed to Hong Kong’s key strengths...South China Morning Post
BUSINESSJul 2Hong Kong assets hit record US$5.38 trillion on renewed China appetite: SFCAssets and wealth under management in Hong Kong surged to a record high last year as global investors returned to Chinese assets, underscoring the city’s edge over Switzerland as a wealth hub. Financial firms in Hong Kong managed HK$42.2 trillion (US$5.38 trillion) worth of assets last year, a 20 per cent increase from the previous peak of HK$35.5 trillion in 2024, according to a report released by the Securities and Futures Commission on Thursday. Driven by the asset-management and...South China Morning Post
BUSINESSJul 2Hong Kong retail sales grow 7.9% in May, extending winning streak to 13 monthsHong Kong’s retail sales in May rose 7.9 per cent year on year, extending the streak of growth to 13 months, with the sector benefiting from an increase in visitor numbers amid mainland China’s Labour Day “golden week” holiday. The value of retail sales for the month reached HK$33.8 billion (US$4.3 billion), according to provisional figures released by the Census and Statistics Department on Thursday, compared with HK$31.3 billion in May 2025. Retail sales for the first five months of the year...South China Morning Post
BUSINESSJul 2SK Hynix to invest $64B in memory chip, packaging facilities in South KoreaSK Hynix plans to invest $64 billion in memory chip and packaging facilities in South Korea. This substantial investment signifies a major expansion in the technology sector and the domestic economy.Seeking Alpha Tech
BUSINESSJul 2Franklin Covey sinks after cutting revenue outlook on delivery shifts and China uncertaintyFranklin Covey's stock declined after the company reduced its revenue outlook. This adjustment was attributed to shifts in delivery strategies and ongoing uncertainty related to China.Seeking Alpha Tech
BUSINESSJul 2Why Hong Kong has become this year’s worst-performing stock marketThere are many disconnects in financial markets. One of them is Japan’s benchmark 10-year bond yield, which currently stands at just 2.7 per cent despite the country’s large public debt burden – more than 240 per cent of economic output. Although Japanese bond yields have risen sharply in the past three years, the 10-year yield is slightly lower than that of Germany, whose government debt as a percentage of economic activity is around one-quarter the size of Japan’s. Another anomaly is the...South China Morning Post
BUSINESSJul 2Why the World Bank is winding down loans to China amid a ‘natural’ shiftBeijing has downplayed reports that the World Bank will phase out lending to China by 2031, with the Ministry of Finance noting that the nation’s advancing economy and changing development needs were shifting cooperation away from financing and towards knowledge sharing. “This is the natural result of changing domestic needs and the transformation of bilateral cooperation,” the ministry said in a statement on Wednesday, referring to the World Bank’s declining lending to China in recent...South China Morning Post
BUSINESSJul 2Clogged pipeline: Many Hong Kong IPO hopefuls near application expirationA large number of mainland Chinese companies hoping to list shares on the Hong Kong stock exchange are anxiously waiting for a nod from the mainland securities regulator, with many now at risk of having their listing applications lapse. More than 430 companies were currently waiting in the initial public offering (IPO) pipeline, according to data from bourse operator Hong Kong Exchanges and Clearing (HKEX). More than 30, including mainland supermarket chain Qiandama and EVE Energy, a...South China Morning Post
BUSINESSJul 2Japan FY 2025 tax revenue likely topped ¥84 trillion amid inflationJapan's tax revenue for fiscal 2025 ended March is expected to set a record high for the sixth straight year, exceeding 84 trillion yen ($517 billion), a source…Japan Today
BUSINESSJul 2Japan, India leaders to agree to step up cooperation in chips, key mineralsJapanese Prime Minister Sanae Takaichi and her Indian counterpart Narendra Modi are set to agree Thursday to boost collaboration in semiconductor and critical mineral supply chains, among other…Japan Today
BUSINESSJul 2Samsung details $90B South Korea investment across chips, displays, batteriesSamsung has detailed a $90 billion investment in South Korea, focusing on chips, displays, and batteries. This signifies a major economic development and strategic move by the company.Seeking Alpha Tech
BUSINESSJul 2New technologies power China’s Tesla challengers to monthly sales recordsChinese Tesla challengers Leapmotor and Zeekr, banking on their latest battery and self-driving technologies, bucked a downward trend in domestic electric vehicle sales with record deliveries last month, ratcheting up pressure on the US carmaker amid weak consumer sentiment towards big-ticket items. Stellantis-backed Leapmotor delivered 93,376 electric vehicles (EVs) last month, up 94.5 per cent year on year, as it rewrote its sales record for a second consecutive month. Zeekr, a premium EV unit...South China Morning Post
BUSINESSJul 2EU chip industry squeezed by China, U.S. dependenceThe EU's chip industry is reportedly experiencing pressure due to its reliance on China and the United States.Seeking Alpha Tech
BUSINESSJul 2From AI chips to energy drinks: Hong Kong’s biggest listing deals of 2026 so farHong Kong’s stock exchange ranked second globally by capital raised in the first half of 2026, with total proceeds from initial public offerings and secondary listings rising 84.3 per cent year on year to US$26.4 billion. Among the 84 new listings during the period, mainland Chinese issuers accounted for 98.5 per cent of the total, with the majority concentrated in advanced technology and consumer staples. Below are the five largest deals: 1. Victory Giant Technology, US$2.73 billion The...South China Morning Post
BUSINESSJul 2Europe wants to rebalance trade with Beijing, but can't quit Chinese air conditionersAn historic heat wave has driven unprecedented demand for Chinese-made air conditioners in Europe, underscoring the tough task Brussels faces in rebalancing trade with Beijing.CNBC
BUSINESSJul 2PDD embraces China’s ‘city of the future’ after bruising regulatory clash and record fineThe operator of budget online marketplaces Temu and Pinduoduo is ramping up its commitment in a state-backed development zone – dubbed a “city of the future” in official discourse – months after the e-commerce group was hit by the heaviest penalty in a record food-safety crackdown and accused by regulators of obstructing enforcement. PDD Holdings had more than 600 employees at its unit in the Xiongan New Area by the end of June, making it the development zone’s largest privately owned internet...South China Morning Post
BUSINESSJul 2‘China’s Instagram’ targets men to grow audience ahead of IPOSocial media platform Xiaohongshu accelerates plans for Hong Kong listingFinancial Times
BUSINESSJul 1Why Japanese airlines' $400 fuel surcharges are hitting now — and when they will endFuel surcharges at Japan Airlines and All Nippon Airways increased Wednesday, despite falling jet fuel costs in Asia.CNBC
BUSINESSJul 1Rare momentum: Hong Kong universities, schools prop up commercial property marketHong Kong’s educational institutions are forecast to ramp up their investment and leasing in the commercial property segment, with leading universities and international schools among those paying top dollar to acquire or lease office and retail spaces, according to Colliers. In the first five months of the year, property acquisitions by educational institutions accounted for nearly 40 per cent of total investment in the commercial property sector, the consultancy said. “Education-related...South China Morning Post
BUSINESSJul 1Caught between the US and China, can Europe remain competitive?As trade tensions grow, Europe tries to remain competitive while balancing ties with the US and China.Al Jazeera [en]