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In Depth: Inside the $50 Billion Rise of Moonshot AI

Driven by its groundbreaking Kimi K3 model, the Chinese startup’s pivot from a cash-burning app to an enterprise platform sent shockwaves through Silicon Valley

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Chinese Retail Rush for U.S. Tech Stocks Drains Fresh Offshore Quotas

Asset managers slash daily purchase limits, driving fund premiums to risky highs

Cover Story: The Gray Market Behind a Cross-Border Investing Boom

The collapses of ZD Group and Star Bridge Capital exposed a network of loosely regulated intermediaries, offshore vehicles and high-risk products that drew mainland investors into Hong Kong — and left many struggling to recover their money

Photo: VCG

Two Major State-Owned Carmakers Kick Off Consolidation to Boost Growth in Home Market

FAW is set to become GAC’s second-largest shareholder in a deal that could also pave the way for the merger of the automakers’ Toyota joint ventures

Hong Kong Bets on Global Links to Win Mainland Business

A record number of global and mainland companies are expanding in the city, drawn by its financial ecosystem and role as a super connector

INSIGHT
Sep 11, 2026 03:46 PM
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China’s Investment Slump Deepens as Property Drag Overshadows Tech Shift

Eight-month drop misses estimates amid real estate woes and extreme weather, while Beijing highlights transition to quality over scale

Sep 15, 2026 04:44 PM
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China’s August Retail Sales Barely Grow as Auto Slump Deepens

Sluggish 0.4% increase misses estimates despite trade-in subsidies, highlighting persistently weak consumer demand

Sep 15, 2026 04:23 PM
Lei Haichao, head of China’s National Health Commission, attends a State Council press conference in Beijing on Sept. 14 outlining progress on the Healthy China initiative. Photo: VCG

China Overhauls Blood Donation Law to Avert Supply Crisis

The first major legislative revamp in 27 years proposes raising the maximum donation age from 55 to 65 and halving the required wait time between donations to combat a shrinking donor pool and surging clinical demand

Sep 15, 2026 04:06 PM

Regulator Exposes $27.4 Million Bribery Ring at Major Chinese Hospital

Medical staff at Hebei Medical University’s Second Hospital pocketed 184 million yuan in kickbacks over 11 years, defying Beijing’s aggressive nationwide crackdown on healthcare graft

Sep 15, 2026 03:52 PM
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CX Daily: The Gray Market Behind a Cross-Border Investing Boom

The collapses of ZD Group and Star Bridge Capital exposed a network of loosely regulated intermediaries, offshore vehicles and high-risk products

Sep 15, 2026 09:00 AM
Photo: VCG

China Aims for NEVs to Account for 70% of New Car Sales by 2030

The government’s five-year plan also includes setting higher power efficiency standards for electric passenger cars and promoting safe automated driving systems

Sep 14, 2026 07:04 PM
Photo: VCG

Z.AI Raises $5 Billion in Share Placement, Convertible Bond Sale

The Hong Kong-listed model developer will use 60% of the proceeds for R&D and computing infrastructure as competition heats up among Chinese AI firms

Sep 14, 2026 06:30 PM

Business Brief (Sept. 14): China Calls for Better Computing Power Infrastructure

China warns U.S. to stop espionage activities, IT ministry unveils special action plan for ‘AI+ software’

Sep 14, 2026 04:27 PM
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China Overhauls Futures Firm Rules to Curb Financial Risks

Strict capital requirements and subsidiary caps set to take effect next year

Sep 14, 2026 04:04 PM
A planned issuance of 300 billion yuan of special treasury bonds to recapitalize state-owned financial institutions offers a forward-looking buffer against economic shocks.

Opinion: China’s Preemptive Recapitalization Secures Financial Stability

A planned issuance of special treasury bonds to recapitalize state-owned financial institutions offers a forward-looking buffer against economic shocks

Sep 14, 2026 04:02 PM
Chen Yixin. Photo: VCG

Chinese Intelligence Chief Outlines Responses to Emerging AI Threats

Citing the proliferation of advanced U.S. models and open-source vulnerabilities, Minister Chen Yixin is calling for strict data governance, enhanced cyber defenses, and centralized oversight of the artificial intelligence sector

Sep 14, 2026 03:43 PM
Photo: VCG

Automaker FAW to Take Stake in GAC in Government Consolidation Push

The potential tie-up highlights a renewed effort by Chinese authorities to merge underperforming state-owned automakers, aiming to reduce excess capacity and create stronger national champions amid a grueling market slump

Sep 14, 2026 03:28 PM
The leader of the Swedish Social Democratic Party votes at a polling station in Nacka, Sweden, on Sept. 13, 2026, local time. Photo: IC Photo

Commentary: Europe’s Far Right Moves From the Fringe to Power

As Sweden votes, nationalist parties are reshaping governments, squeezing the center and turning anti-immigration politics into a continental force

Sep 14, 2026 03:08 PM
File photo: A primary school in Hong Kong. Photo: VCG

Hong Kong Child Suicide Rate More Than Triples as Top Students Dominate Cases

The suicide rate among children aged 15 and under rose to 2.9 per 100,000 in 2025, while 68% of youth deaths studied involved students at top-tier Band 1 schools

Sep 14, 2026 02:38 PM
Chinese President Xi Jinping attends the second session of the 18th BRICS Summit in New Delhi on Sept. 13, 2026. Photo: Xinhua

Xi Unveils Sweeping BRICS Tech and Trade Plan, Proposes Joint AI Zone

A five-point plan presented at the summit seeks to boost technological independence for the Global South and drive reform across international institutions

Sep 14, 2026 11:59 AM
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CX Daily: China’s Diagnostic Firms Bet on a New Front in Global Health

In Johannesburg, a palm-size TB test is being deployed, reflecting a broader effort by Chinese companies to break into the African market

Sep 14, 2026 09:00 AM



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