Companies

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Huawei invests in self-driving and electric car tech it says surpasses Tesla

Huawei invests in self-driving and electric car tech it...

Huawei Technologies Co will invest US$1 billion on researching self-driving and...

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Mark Zuckerberg, Zhang Yiming lead world’s richest under-40s in Hurun’s annual ranking

Mark Zuckerberg, Zhang Yiming lead world’s richest under-40s...

Tech and social media moguls from the US and China dominated the list of the world’s...

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Alibaba says it will invest to retain merchants and customers as it puts antitrust fine behind it

Alibaba says it will invest to retain merchants and customers...

Alibaba Group Holding, the tech giant hit by a record fine from China’s antitrust...

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Chinese EV battery firm CATL to shore up cobalt supply with US$137.5 million stake in China Moly mine

Chinese EV battery firm CATL to shore up cobalt supply...

Chinese battery maker Contemporary Amperex Technology (CATL) said on Sunday its...

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Top 10 IPOs by China’s billion-dollar tech start-ups to watch for in 2021, including Megvii, Douyin, Didi Chuxing and ByteDance

Top 10 IPOs by China’s billion-dollar tech start-ups to...

ByteDance’s Chinese short-video platform Douyin and ride-hailing application Didi...

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Uniqlo parent Fast Retailing to strengthen online sales after beating retail gloom to report better-than-expected first-half profit

Uniqlo parent Fast Retailing to strengthen online sales...

Fast Retailing, which owns Japanese brand Uniqlo, will seek to boost online sales...

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Tencent’s biggest shareholder Prosus plans to sell 2 per cent stake valued at US$15.5 billion as it cashes in on lucrative bet

Tencent’s biggest shareholder Prosus plans to sell 2 per...

Prosus, Tencent Holdings’ biggest shareholder, said on Wednesday that it plans to...

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Trip.com sets shares at HK$333 each at top end of price range as it kicks off US$1.4 billion secondary listing amid signs of a slow recovery in tourism

Trip.com sets shares at HK$333 each at top end of price...

Trip.com has set its secondary listing at the top end of a range, offering its shares...

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NIO may fail to meet second-quarter output goal in its competition with Tesla as global shortage of chips hits home

NIO may fail to meet second-quarter output goal in its...

NIO, one of three US-listed Chinese electric car makers that compete with Tesla,...

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Audio social network Clubhouse said to be discussing funding at about US$4 billion value

Audio social network Clubhouse said to be discussing funding...

Clubhouse, the buzzy audio-based social network, is in talks to raise funding from...

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India court orders TikTok maker ByteDance to deposit US$11 million in tax evasion case

India court orders TikTok maker ByteDance to deposit US$11...

An Indian court on Tuesday said China’s ByteDance must deposit around US$11 million...

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Wellington Management plans Asia expansion targeting growing wealth in China and wider region

Wellington Management plans Asia expansion targeting growing...

Wellington Management plans to increase its headcount by about 20 per cent in Asia...

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China’s carbon reduction target looks elusive as banks keep throwing cash at coal mines and power plants, undercutting Xi Jinping’s plan to slash fossil fuels

China’s carbon reduction target looks elusive as banks...

On an unseasonably warm autumn day last October, the world’s largest coal-fired...

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Digital transformation: you’re doing it all wrong

Digital transformation: you’re doing it all wrong

The term “digital transformation” has become so overused that it is descending into...

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TSMC to spend US$100 billion over three years to grow chip capacity

TSMC to spend US$100 billion over three years to grow chip...

Taiwan Semiconductor Manufacturing Co plans to spend US$100 billion over the next...

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What are SPACs, where are the pitfalls and why is Hong Kong mulling joining in the latest investment craze?

What are SPACs, where are the pitfalls and why is Hong...

Hong Kong’s financial regulators are exploring whether the city should follow one...