Hong Kong, Macau & Taiwan News

HKEX listings, Macau gaming, Taiwan technology and Greater China cross-border business.

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Greater ChinaReal EstateJingpost Desk2026-06-04

Wang Yao resigns from CCCC Real Estate leadership roles

CCCC Real Estate said Wang Yao resigned as director, chairman and from other company roles, leaving the developer with a fresh governance question during a difficult property cycle.

Editor's Note

For state-linked developers, leadership stability now matters almost as much as liquidity because investors are watching who can still execute restructuring plans.

Hong KongSemiconductorsJingpost Desk2026-06-04

Hong Kong stocks retreat as tech and battery names weaken

Hong Kong equities closed lower, with technology and battery names under pressure even as selected semiconductor shares held up better than the broader market.

Editor's Note

The commercial test is whether hardware momentum can turn into repeatable demand rather than another short product cycle.

Greater ChinaTrade & PolicyJingpost Desk2026-06-04

Trump orders US customs to crack down on tariff cheats

Foreign companies that bring goods into the US will also face stricter compliance requirements.

Editor's Note

For Chinese exporters, tighter US customs enforcement raises the cost of circumvention, forcing a reckoning with supply chain transparency and tariff compliance.

Greater ChinaFinancial ServicesJingpost Desk2026-06-04

SCB X tempers Gen 2 growth ambitions

SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), expects to maintain single-digit loan growth for its Gen 2 businesses under a cautious strategy despite their strong growth potential.

Editor's Note

SCB X’s cautious stance on Gen 2 lending suggests Thailand’s fintech sector is prioritizing risk control over market share amid uncertain economic conditions.

Greater ChinaAI & Machine LearningJingpost Desk2026-06-03

Yip In Tsoi banking on major rejig

As artificial intelligence (AI), digital disruption and geopolitical uncertainty reshape enterprise technology strategies, leading century-old Thai conglomerate Yip In Tsoi Group is leveraging its long-standing trust and business heritage to position itself...

Editor's Note

Yip In Tsoi’s pivot from legacy trust to agile AI services pressures older Thai conglomerates to modernize or lose enterprise clients to digital-native rivals.

Hong KongAI & Machine LearningJingpost Desk2026-06-03

Hong Kong launches DeepSeek-based AI model designed to run on domestic chips

The Hong Kong Generative AI Research and Development Centre (HKGAI) has officially launched a new DeepSeek-based large language model that can run on domestic chips, as the government-backed lab seeks to commercialise its products and export Chinese AI over...

Editor's Note

Hong Kong’s DeepSeek-based model on domestic chips challenges Nvidia’s hardware monopoly, offering a viable alternative for AI deployment in sanctioned markets.

Greater ChinaE-commerceJingpost Desk2026-06-03

France hits Shein with 22 million euros in new fines over consumer violations

French authorities said Wednesday that they had imposed two fines on Shein totalling more than 22 million euros (US$25.5 million), citing problems with product traceability, environmental labelling and delivery times.

Editor's Note

France’s latest €22m fines on Shein for labelling and delivery failures signal regulators are tightening the screws on fast-fashion e-commerce, raising compliance costs for Chinese cross-border sellers.

Greater ChinaElectric VehiclesJingpost Desk2026-06-03

DeepSeek nears US$7b haul in first-ever funding round, with backing from Tencent, CATL

Chinese artificial intelligence start-up DeepSeek is finalising its first external fundraising round, securing over 50 billion yuan (US$7.4 billion) at a valuation of just under US$60 billion, according to people familiar with the matter – marking a six-fol...

Editor's Note

Tencent and CATL’s backing ties DeepSeek’s AI directly to EV supply chains, forcing rivals to match capital or lose tech leverage.

Greater ChinaAI & Machine LearningJingpost Desk2026-06-02

US$1b windfall: how Meituan’s bets on AI, robotics outshine quarterly loss

Meituan is set to reap a sizeable financial windfall from its investments in frontier tech – including in fast-rising artificial intelligence company Zhipu AI – offering the Chinese food-delivery giant a timely boost after consecutive loss-making quarters.

Editor's Note

Meituan’s AI bets offset delivery losses, proving frontier tech investments can buffer core business volatility in China’s cutthroat platform economy.

Greater ChinaAI & Machine LearningJingpost Desk2026-06-02

Alibaba elevates tech chief Wu Zeming to elite committee as AI push ramps up

Alibaba Group Holding chief technology officer (CTO) Wu Zeming has joined the company’s elite steering committee, joining co-founders Jack Ma and Joe Tsai in playing a central role in formulating the tech empire’s strategy.

Editor's Note

Alibaba’s CTO now sits alongside founders in strategy, making AI execution a board-level priority rather than a tech function.

Hong KongAI & Machine LearningJingpost Desk2026-06-02

Why Hong Kong is now the launch pad for mainland China’s AI champions

Chinese artificial intelligence companies are upending a decades-old dual-listing practice of selling shares domestically first and then in Hong Kong, as they reverse the sequence to anchor market-based valuations from global investors and tap more sophisti...

Editor's Note

Mainland AI firms now list in Hong Kong first to secure global valuations and deeper capital pools, bypassing domestic markets that lack equivalent sophistication.

Greater ChinaAI & Machine LearningJingpost Desk2026-06-02

Tencent shares jump 10% on expectations of AI agent within WeChat super app

Shares of Tencent Holdings surged 10 per cent on Tuesday, driven by investor optimism over reports that the Chinese tech giant is close to launching an artificial intelligence agent within its super app WeChat.

Editor's Note

WeChat’s 1.4 billion users give Tencent a distribution advantage that could make its AI agent the most-used consumer AI product globally.

Greater ChinaHealthcareJingpost Desk2026-06-01

Akeso lung cancer drug shines in trials, boosting hopes in US$20b market

Akeso, whose drug ivonescimab was hailed as biotech’s “DeepSeek moment” amid US competition last year, announced better-than-expected clinical results showing it can treat a type of lung cancer commonly found in smokers, potentially expanding its approved u...

Editor's Note

Akeso’s expanded trial data positions ivonescimab to capture a significant share of the $20B NSCLC market, challenging established PD-1 inhibitors.