Day: November 6, 2025

China’s exports fell in October amid a volatile trade war with the United States – though recent high-level talks between the world’s two largest economies have since eased tensions. Advertisement Outbound shipments fell 1.1 per cent year on year to US$305.35 billion last month, customs data showed on Friday. The figure was lower than September’s 8.3 per cent increase – a six-month high – and fell short of the 2.84 per cent growth forecast by Chinese financial data provider Wind. Imports in October stood at US$215.28 billion, rising 1 per…

Talks between the Chinese and South Korean leaders have renewed diplomatic momentum, but what happens next could hinge on how Seoul balances its relations with Washington, according to analysts. Advertisement A lighthearted exchange before their state banquet drew media attention. After Xi presented Lee with a gift of two Chinese Xiaomi smartphones with South Korean-made displays, Lee quipped: “Is the communication line secure?” Xi laughed and smiled, then pointed at the phones and said: “You should check if there’s a back door” – preinstalled software that could be used to…

Hong Kong and mainland China will continue to be the growth engine for asset-management companies as both local and international investors are starting to shift from holding cash to investing in equities and bonds in the region, according to the top boss of US fund house Invesco. Advertisement “There is a trend of redistribution of people’s portfolios, as they are looking for value opportunities, which are showing up in emerging markets, equity, emerging-market debt and global equities,” said Andrew Schlossberg, president and CEO of Invesco, in an exclusive interview on…

The dream of hosting the 2036 Summer Olympic and Paralympic Games is within reach for Hong Kong and the Greater Bay Area development zone. But dreams alone do not win the games. They are realised through bold vision, strategic planning and timely action. Advertisement We now stand at a pivotal moment. The International Olympic Committee (IOC) has announced a temporary halt to the Olympic host bidding process to allow its new president, Kirsty Coventry, time to review and refine the selection framework. This pause presents a valuable window of opportunity…

Huaqiangbei, home to the world’s biggest electronics wholesale market, is seeing a dramatic increase in the prices of memory chips and other storage products, which is expected to drive up the cost of consumer electronics goods such as smartphones, tablets and personal computers. Advertisement The increase, especially for large-capacity models, has been “astounding”, as some memory chips had doubled in price, said Cai Zhaojie, a vendor who sells and builds personal computers for enterprises and professional users in Huaqiangbei, located in the southern tech hub of Shenzhen. A 32-gigabyte DDR5…

China’s real estate investment trust (C-Reit) is poised to grow by 30 times to become a US$1 trillion industry in the next 20 years – a transition borne out of several factors, including declining home sales – which is expected to benefit select mainland developers, according to Morgan Stanley. Advertisement Following 25 years of property growth, primarily focused on the residential segment, mainland developers are increasingly weaning off from building projects that would yield one-time profits, the US investment bank said in a report on Thursday. The trend reflects how…