Unable to source key technological components from the West due to sanctions, Russia is acquiring civilian tech from Chinese online sellers and repurposing it for the battlefield in Ukraine. (Illustration by Yoshiko Kawano)
The Big Story

How China's ad-hoc tech pipeline fuels Russia's Ukraine war efforts

Civilian electronics, sourced from Chinese e-commerce sellers, find their way to the battlefield

1 May 2024
U.S. law firm Mayer Brown is set to carve out its Hong Kong operations.
US-China tensions

U.S. law firm Mayer Brown prepares split from Chinese operations

More such moves expected as China business deals slow amid geopolitical tensions

30 April 2024
Cosmetics are displayed in the window of a L’Occitane store in central Paris in February.
IPO

L'Occitane to go private in blow to Hong Kong bourse's global image

French cosmetics company to delist while city promotes itself as IPO destination

30 April 2024
Hong Kong is positioning itself as a hub for cryptocurrency trading, although regulators have stressed they "are not meant for every investor."
Cryptocurrencies

Hong Kong's first crypto ETFs go public in milestone for hub ambitions

Products to challenge U.S. counterparts as focus shifts to Chinese investor access

30 April 2024
An HSBC branch in Hong Kong: The London-based lender reported that its pretax profit for the first quarter through March fell to $12.7 billion.
Finance

HSBC chief exec Noel Quinn to retire; Q1 profit narrowly beats estimate

Bank flags $100m hit on upcoming sale of Russia business

30 April 2024
The flag of the Hong Kong Stock Exchange flies next to China's national flag. The exchange and its connections with mainland markets have seen a flurry of investment in recent days.
Markets

China stocks rally as investor 'fear of missing out' spreads

Geopolitical risks, 'dire' housing market still seen discouraging long-term bets

29 April 2024
An advertisement for bitcoin and cryptocurrencies in Hong Kong. The city is on a mission to make itself a hub for trading the digital assets.
Cryptocurrencies

Hong Kong crypto hub takes shape with approvals, hiring

Binance-backed platform's former CEO has joined securities commission, sources say

25 April 2024
A listing ceremony marks the arrival of Chinese AI company Mobvoi on the Hong Kong market on April 24. (Photo by Echo Wong)
IPO

Hong Kong hit by third straight weak IPO as AI player Mobvoi disappoints

Google-backed Chinese company struggles out of gate in Asia's worst-performing market

24 April 2024
A ChaBaiDao shop -- as ChaPanda is also known -- in Shanghai. The company has said it will spend over half its IPO proceeds improving overall operations and strengthening supply chains.
IPO

China tea chain ChaPanda sinks in Hong Kong IPO as market sours

'Bad' sentiment may affect rivals' hopes to drum up cash for expansion

23 April 2024
Real-time data on stocks is key for fund managers to gauge liquidity and make timely executions.
Markets

China's clampdown on data spreads to real-time stock information

Aligning with 'international standards' cited as reason for lowering transparency

16 April 2024
Hong Kong Chief Executive John Lee speaks during a National Security Education Day opening ceremony on April 15.
Hong Kong security law

Hong Kong embraces Xi's 'holistic' security dogma on education day

City celebrates strict, thorough approach, despite efforts to assure investors

15 April 2024
A Chinese national flag flutters outside the China Securities Regulatory Commission (CSRC) building in Beijing. The watchdog is stepping up oversight of IPOs.
IPO

China IPOs slow as strict 'broker butcher' rules kick in

India beat Shanghai and Shenzhen in Q1; Hong Kong barely made top 10

15 April 2024
Wanda Plaza is the largest mall chain in China by far, with a total floor space five times as large as its next-biggest rival. (Photo by Kohei Fujimura)
China debt crunch

China developer Wanda loses crown jewel mall unit in survival fight

Wang Jianlin's influence diminishes with $8bn-plus deal involving outside investors

13 April 2024
A woman stands at the counter of a Crypto HK office in Hong Kong in January. The city looks set to welcome bitcoin exchange-traded funds.
Cryptocurrencies

Chinese fund managers apply to launch Hong Kong's first bitcoin ETFs

City aims to boost appeal by expanding access to crypto assets

11 April 2024
An HSBC branch in Buenos Aires. The bank has struck a deal to sell its operations in Argentina to the country's Grupo Financiero Galicia.
Finance

HSBC to sell Argentina business as Asia pivot accelerates

London-based bank says it will book $1bn pretax loss on deal

9 April 2024
Oasis revealed that it owns at least 3% of Kao at a press conference on April 8. (Photo by Nikkei)
Consumer

Activist investor Oasis urges Japan's Kao to reduce brands

Shareholder proposals a possibility to prompt changes at cosmetics maker

9 April 2024
Eu Yan Sang operates over 170 stores selling traditional Chinese medicine across Asia. (Eu Yan Sang)
Business deals

Japan's Rohto and Mitsui to buy Chinese-medicine chain for $590m

Partners tap rising health interest after pandemic to expand overseas

5 April 2024
Giordano, known for affordable casualwear, once inspired Uniqlo founder Tadashi Yanai. (Photo by Kensaku Ihara)
Retail

Giordano CEO voted out after fight with Hong Kong tycoon Cheng

New World chief picks new management for struggling Jimmy Lai-founded apparel chain

4 April 2024
Global investors are trying to puzzle out what President Xi Jinping puts first, his regime's security or economic growth. Hong Kong's recent history offers a clue. (Nikkei montage/Source photos by Yusuke Hinata and Ken Kobayashi)
China up close

Analysis: Hong Kong's lost freedom shows Xi Jinping's priorities

Causeway Bay Books incident was a harbinger of regime's security-first principle

4 April 2024
Hong Kong's Legislative Council passed the Safeguarding National Security Ordinance after less than two weeks of deliberation.
The Nikkei View

Hong Kong's future darkens as new security law takes effect

Beijing's coercive governance is now complete, further driving away foreign talent

27 March 2024
Foreign governments and civic groups have expressed concern that recently enacted national security legislation could limit free speech in Hong Kong. (Photo by Kenji Kawase)
Hong Kong security law

Hong Kong's new national security law enforced for first time

City leader Lee aims to 'send a clear message' with strict handling of protester

26 March 2024
Hong Kong lawmakers and government officials, including Chief Executive John Lee, pose for a group photo on the floor of Legislative Council after the unanimous passage of the new national security law on March 19.
Hong Kong security law

Hong Kong's Article 23 security law takes effect: 5 things to know

How the hastily passed 'historic' law differs from that imposed by Beijing

23 March 2024
Critics of Hong Kong's new security law say vague language makes it unclear where authorities' red lines lie.
Hong Kong security law

As new Hong Kong security law takes effect, firms wait and see

Wider tensions in U.S.-China relationship seen as greater threat to business

23 March 2024
Chinese insurance group Ping An's asset management business is being buffeted by volatile stock markets in Hong Kong and mainland China.
Finance

China's Ping An hit by $2.7bn loss in asset management business

Insurance group says stock price falls out of line with company fundamentals

22 March 2024
Telecommunications operations produced a smaller share of CK Hutchison's earnings in 2023 due to the effects of inflation.
Companies

Hong Kong's CK Hutchison takes 36% hit to profit amid inflation

Victor Li, son of founder Li Ka-shing, wary of continued economic uncertainty

22 March 2024