Now, Tesla shares are down more than 50 per cent from their 2021 peak, and other EV stocks that raced higher with it are shadows of their former selves. All of which should be sobering for Nvidia investors who see the stock as a limitless...
Swiss luxury watchmaker Omega is ramping up its presence in Hong Kong, opening two specialty shops in the city as it bets on long-term success despite slower than expected economic growth and a gloomy retail outlook.The brand, famously known for its Speedmaster and Seamaster watches...
Traders are eagerly awaiting China’s annual legislative meeting for clues about whether the recent market rebound will sustain, as the high-stakes political gathering sets the nation’s economic agenda for the year.The National People’s Congress (NPC), which kicks off on Tuesday in Beijing and brings together...
Bitcoin’s recent rally has sparked renewed warnings from Chinese state media about the risks of investing in cryptocurrencies, as interest around digital assets remains strong in the country despite a sweeping ban on crypto mining and trading.A rebound in bitcoin prices cannot “hide” the underlying...
Citigroup will expand its wealth management business in the Greater Bay Area and rest of Asia from its base in Hong Kong, according to its global wealth head.The US banking group remains committed to Hong Kong and China despite selling its mainland wealth business to...
Hong Kong property: Henderson Land’s Belgravia Place residential project in Cheung Sha Wan a hit with buyersHundreds of prospective homebuyers rushed to seize units at Henderson Land Development’s new project on Sunday, the first major residential sale after the government removed all property curbs in...
The pure electric version of the C10 starts at 128,800 yuan (US$17,897), 17.3 per cent lower than the presale price of 155,800 yuan in January. It has a driving range of 410 kilometres.Robotic arms assemble cars at Leapmotor’s factory in Jinhua, Zhejiang province. Photo: China...
Switzerland’s Omega, the only watchmaker certified by Nasa for all manned space missions, has raised more than US$600,000 through an online auction for the charity Orbis International as part of its corporate social responsibility (CSR) initiative.The luxury brand, part of the Swatch Group, auctioned 11...
The Ascend 910B is believed to succeed the Ascend 910, which was released by Huawei in August 2019, three months after it was put on a trade blacklist by the US Commerce Department. The chip can compete with Nvidia’s A100 in terms of powering AI...
Xue, who declined to provide his full name out of privacy concerns, told the Post that despite the flurry of inquiries, the flat has not yet found a buyer. He is, however, in negotiations over price with several potential buyers.The practice of bypassing the property...