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BUSINESSAug 13Fubon Bank’s Hong Kong subsidiary opens first mainland China branch in ShenzhenFubon Bank (Hong Kong) has opened its first branch outside its home market, moving into mainland China to tap surging cross-border business opportunities as competition among foreign lenders in the Greater Bay Area intensifies. The branch, located in Shenzhen’s Qianhai financial zone, would initially focus on corporate banking, offering tailored cross-border financing to technology firms and enterprises seeking international expansion, the lender said in an announcement on Tuesday. The move...South China Morning Post
BUSINESSAug 12Can Berkshire Hathaway without Warren Buffett remain a ‘north star’ for China’s investors?For decades, thousands of Chinese investors made pilgrimages each spring to Omaha, in the central US state of Nebraska, treating Warren Buffett’s shareholder meetings for investment firm Berkshire Hathaway less as corporate briefings than as audiences with an oracle. Buffett’s retirement as CEO, effective January 1, ended a 60-year run at the helm of the global conglomerate. Though he remains chairman, he was succeeded as chief executive by Greg Abel, who joined Berkshire in 1999 and had run its...South China Morning Post
BUSINESSAug 12Fearing deflated China demand, US soybean growers pivot to new buyers and biofuelUS soybean growers are “adapting” to a steep decline in China-bound exports by selling to third countries and the American biofuel sector, compensating enough to cause only a small drop in production, according to a top trade association’s chief economist. In November, Beijing committed to buy at least 25 million tonnes of American soybeans annually through 2028, as part of an agreement reached after China stopped the purchases during US President Donald Trump’s trade war in early 2025. But just...South China Morning Post
BUSINESSAug 12Why China’s traders, e-commerce merchants feel boxed in by new EU packaging rulesWhile rising trade tensions between Beijing and Brussels continue to dominate headlines, Chinese exporters face a far more immediate and concrete threat: the boxes, wraps, and plastic bags protecting their goods. On Wednesday, the European Union’s Packaging and Packaging Waste Regulation (PPWR) became applicable across the bloc. Replacing a 1994 directive, the regulation sets requirements for every piece of packaging placed on the EU market, covering chemical restrictions, recyclability,...South China Morning Post
BUSINESSAug 12Economic Watch : China - ASEAN trade ties deepen as supply chains , connectivity strengthen - XinhuaTrade relations between China and ASEAN are deepening, marked by strengthening supply chains and enhanced connectivity. This indicates growing economic cooperation between the regions.english.news.cn
BUSINESSAug 12China’s EV sales slide again amid fading incentives, weak demand and persistent price warDeliveries of electric vehicles (EVs) in China fell 3.9 per cent in July from a year earlier, extending their decline to a seventh consecutive month as fading government incentives and weaker consumer demand weighed on the market. Domestic sales of pure electric and plug-in hybrid vehicles last month also fell 5.8 per cent from June, according to data from the China Passenger Car Association (CPCA). “A bleak market outlook is likely to affect most small [EV] companies, as some of them will be...South China Morning Post
BUSINESSAug 12Asian stocks trade mixed amid Iran deal uncertainty; tech rally boosts KOSPI and ChinaAsian stock markets are trading mixed, influenced by uncertainty regarding an Iran deal, while technology stocks are performing strongly in KOSPI and China. This reflects the interplay of geopolitical events and sector-specific trends on global financial markets.Seeking Alpha Tech
BUSINESSAug 12Align wins China patent ruling against AngelalignAlign Technology has won a patent ruling in China against Angelalign. This outcome impacts intellectual property rights and competitive dynamics within the industry.Seeking Alpha Tech
BUSINESSAug 12Manus to return as independent firm after China forces Meta unwind of $2B dealManus will reportedly return as an independent firm after China compelled Meta to unwind a $2 billion deal. This indicates a significant business transaction being reversed due to external pressure.Seeking Alpha Tech
BUSINESSAug 12China’s quant funds have an edge on foreign rivals, even as Beijing curbs trading speedChina’s quantitative funds have built trading strategies so closely tailored to the mainland market that foreign rivals cannot replicate them, even as a regulatory clampdown on trading speed reshapes the industry, according to a prominent economist. “If a top US quant team goes to Japan or India, they can beat virtually all the native quants,” Xia Chun, founder and chief economist at Chinese financial research firm Wiselink Group and former finance professor at the University of Hong Kong, told...South China Morning Post
BUSINESSAug 12China’s great jobs squeezeAs construction slumps and manufacturing automates, 53mn Chinese now work for low wages in food delivery and ride-hailingFinancial Times
BUSINESSAug 12China clean technology dominance reshapes global net zero transition | Opinion | Eco - BusinessChina's dominance in clean technology is significantly influencing the global transition to net-zero emissions. This trend is reshaping international efforts toward environmental sustainability and economic markets.eco-business.com · China
BUSINESSAug 12Feature : How China indoor ski boom is carving out a new summer economy - XinhuaA Xinhua feature explores how China's booming indoor ski industry is creating a new summer economy. This highlights a unique economic development and leisure trend in the country.english.news.cn
BUSINESSAug 12Why does SK Hynix want to sell its chip facility in southwest China?South Korean chipmaker SK Hynix’s potential deal to offload a packaging plant in southwest China is part of a strategic pivot towards higher-margin artificial intelligence (AI) memory products, according to analysts. But a sale might not be straightforward, as the memory chip giant would need to navigate valuation hurdles and a volatile chip cycle, they cautioned. SK Hynix said on Monday it was “looking into various solutions to enhance the competitiveness of its packaging business”, after...South China Morning Post
BUSINESSAug 12EVs dominate China’s car market: 5 takeaways from the country's latest auto sales dataThe China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.CNBC
BUSINESSAug 11Why Jensen Huang’s $500 billion AI financing plan faces a big risk from ChinaNvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?CNBC
BUSINESSAug 11Foreign financial institutions bullish on China hard - tech growth momentumForeign financial institutions are expressing optimism about the growth momentum in China's hard-tech sector. This indicates positive international investor sentiment towards a specific area of the Chinese economy.beijingbulletin.com · China
BUSINESSAug 11Manus to return as independent company after China forced Meta to unwind $2 billion dealLast December, Meta said it planned to acquire Manus for $2 billion, its latest effort to shore up its AI strategy.CNBC
BUSINESSAug 11China New Politburo Strategy Is Forgoing Household ConsumptionChina's new Politburo strategy reportedly involves foregoing household consumption as a primary focus. This indicates a significant shift in the nation's economic approach, potentially impacting global markets and trade.foreignpolicy.com · United States
BUSINESSAug 11China Has Chosen to Disappoint Its ConsumersBeijing’s choice moves Washington’s leverage from tariffs to currency.Foreign Policy
BUSINESSAug 11Alo Yoga opens Tmall flagship, eyes China retail pushAlo Yoga has opened a flagship store on Tmall, signaling its intention to expand its retail presence in China. This move represents a strategic business expansion into a key international market.Yahoo Finance
BUSINESSAug 11China detains Japanese executives in dual-use technology export probe: reportChina has detained several Japanese nationals, including top executives of companies with offices in China, for allegedly violating export restrictions on dual-use goods, Japanese newspaper The Mainichi said, citing multiple sources. Dual-use items comprise goods, software and technologies with both civilian and military applications, including critical minerals essential for manufacturing drones and advanced semiconductors. The detentions follow a string of enforcement measures, including the...South China Morning Post
BUSINESSAug 11Gap bucks retail headwinds with massive China expansion amid localisation driveAmid widespread store closures by foreign fast-fashion players in China, US apparel brand Gap is defying industry headwinds. It plans to open 50 new stores in mainland China this year and return to Hong Kong by year’s end, following a localisation overhaul that has attracted more Chinese consumers. This expansion comes at a time when the world’s second-largest consumer market faces sluggish overall retail sales, with brands such as Zara and H&M scaling back their number of stores. With Gap...South China Morning Post
BUSINESSAug 11China Tower GAAP EPS of RMB 0.43, revenue of RMB 48.69BChina Tower has reported GAAP earnings per share of RMB 0.43 and revenue of RMB 48.69 billion. This provides an update on the company's financial performance.Seeking Alpha Tech
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