Business

Russia’s Titanium Giant Hands Its British Arm to a Little-Known Hong Kong Company Named Quri

UK filings show that Hong Kong’s Quri Investment Limited was listed as holding at least 75% of VSMPO Tirus Limited’s shares on 1 October 2026, the same day Russian titanium producer VSMPO-AVISMA ceased to be listed as having significant control. The filings do not disclose the terms of the deal.

Zhong Shanshan Net Worth 2026: The Water King Now Runs on Tea

Zhong Shanshan's net worth in 2026, how Nongfu Spring made him China's richest man, and why tea, not water, now drives his fortune.

Xi Jinping Urges China, US Youth to Advance Bilateral Cooperation

President Xi Jinping told students from 10 US universities he hopes young people will advance China-US cooperation in a reply to their letter.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

Vice-Premier Liu He urges mobilization of resources for China’s IC industry

Chinese Vice-Premier Liu He has called for a nationwide effort to develop the integrated circuit (IC) industry, amid US curbs and rising tensions in...

Chinese Spokesperson Says Hong Kong National Security Law Brings Stability and Improved Business Environment

The formulation and enactment of the Law on Safeguarding National Security in the Hong Kong Special Administrative Region is an important milestone in the...

Private Sector in Hong Kong SAR Expands at Fastest Pace Since May 2021, S&P Global Reports

According to a report released on Friday by S&P Global, the S&P Global Hong Kong SAR Purchasing Managers' Index registered 53.9 in February, up...

Hong Kong Welcomes First Large-Scale Mainland Tourism Inspection Group Since Pandemic Outbreak

Hong Kong Special Administrative Region has recently received its first large-scale tourism inspection group from the Chinese mainland since the outbreak of the COVID-19...

Haval Launches New Plug-In Hybrid Dargo as Part of Expanding NEV Portfolio

Haval, a brand of Great Wall Motors, launched its plug-in hybrid Dargo on Monday, showcasing the company's efforts to explore opportunities in the burgeoning...

Chinese Manufacturing Sector Should Focus on Global Expansion and Cutting-Edge Technologies, Says TCL Founder

Li Dongsheng, the founder and chairman of Chinese consumer electronics maker TCL Technology Group Corp, has called on China's manufacturers to shift from exporting...

Beibu Gulf Port in China Bucks Container Throughput Trend with 15% YoY Increase in January

Beibu Gulf Port in South China's Guangxi Zhuang autonomous region has achieved a significant increase in container throughput in January, contrary to the trend...

Guangdong Implements New Measures to Support Local Enterprises and Boost Market Vitality

Guangdong province, a major economic powerhouse in southern China, announced on Thursday a series of new measures and policy updates aimed at boosting market...

AutoFlight sets new record for the longest eVTOL flight ever with 250.3 km on a single charge

AutoFlight, an innovative eVTOL manufacturer, has recently announced a groundbreaking achievement that has placed them on the map as a serious contender in the...

China’s CGN Plans to Put More than 10 Hualong One Reactors into Operation by 2025

China is ramping up its green energy push with the deployment of over 10 units of Hualong One, a cutting-edge third-generation nuclear reactor that's...

Goldman Sachs Upgrades China’s Growth Forecast as US Companies Invest in Country’s Consumer Market.

Many of the largest US companies are doubling down on China, betting on the nation's vast consumer market and the potential for a post-pandemic...

US Businesses in China Affected by Trade Tensions but Remain Committed: AmCham China Survey

According to a survey released on Wednesday by the Beijing-based American Chamber of Commerce in China (AmCham China), most US-based companies operating in China...

FlagOpen: China’s Large-Scale Model Open-Source System to Revolutionize AI Development

China has launched FlagOpen, one of the first large-scale model open-source systems, with an aim of driving the country's artificial intelligence (AI) development for...

Huawei Unveils Cutting-Edge Solutions for 5.5G Era at Mobile World Congress 2023

In its latest bid to revolutionize the 5G era, Huawei Technologies Co has debuted a slew of cutting-edge solutions at the Mobile World Congress...

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