Business News
Latest business news and updates
Total: 3058
China Tightens Rules at Home and Abroad: From Sanya Crackdown to Soaring Chip Costs
China combined diplomatic signalling and domestic regulatory tightening this week, imposing export controls on Japanese firms and pursuing stricter auditing rules while markets absorbed mixed trading and investors faced price and governance shocks. Sharp rises in memory-chip prices are prompting major smartphone brands to plan substantial price increases, and Hainan authorities moved decisively to penalise a Sanya homestay for contract breaches.
Mixed US Market Open Highlights AI Winners and China Tech Weakness — Nvidia Slips, Baidu Sinks
US markets opened mixed, with the Nasdaq down modestly and the Dow higher. Nvidia’s stock dipped despite beating fourth-quarter expectations, while Baidu fell sharply after reporting a year-on-year revenue decline for fiscal 2025, underscoring investor focus on guidance and the uneven health of tech-driven growth.
From Foil to Fiber: Listed Dongyangguang Moves to Fold a RMB 280bn Data‑centre Asset into Its Public Shell
Dongyangguang has moved to acquire control of the vehicle that holds Qinhuai Data’s China business — a RMB 280 billion asset the group helped buy in 2025 — by issuing shares and raising funds. The transaction would bring a top‑tier data‑centre operator into the listed company but raises questions about financing, leverage and governance given Dongyangguang’s heavy borrowings and high shareholder pledge ratios.
AI Compute Chain Sparks Rally in PCB and Packaging Suppliers as Chinese Market Closes Mixed
China’s stock market closed mixed as targeted rallies in AI compute hardware — particularly PCB and chip-packaging suppliers — lifted a narrow group of stocks while most others fell. The surge reflects investor bets on near-term demand from AI server builds and related capacity expansion, but the market breadth and retail-driven volatility warrant caution.
Trip.com posts strong 2025 results as co‑founders quit and a regulator probe lingers
Trip.com Group posted 2025 net revenue growth of about 17% and a near‑doubling of attributable profit, buoyed by a large one‑off gain from selling its MakeMyTrip stake. Two co‑founders resigned and the company is under investigation by China’s State Administration for Market Regulation, creating governance and regulatory uncertainty despite solid underlying travel demand.
Merz’s Beijing Visit Yields Potential Windfall for Airbus — and a Test of Sino‑European Economic Pitch
During a two‑day visit to Beijing, German chancellor Friedrich Merz said China plans to buy up to 120 Airbus aircraft, underscoring the commercial payoff of high‑level diplomacy. The potential order reinforces Airbus’s foothold in China, complicates the competitive landscape with Boeing ahead of a U.S. presidential visit, and spotlights ongoing Sino‑German dialogue on trade imbalances and export controls.
China’s Robo-Van Boom: Billions Invested, Tens of Thousands Delivered — But Road Rules and “Long‑Tail” Scenarios Loom Large
China’s uncrewed delivery sector has entered a rapid commercial phase: leading firms have raised close to CNY10 billion since 2025 and reported cumulative L4 deliveries above 10,000, driven by steep hardware cost declines and supportive policy. Yet technical ‘long‑tail’ scenarios, fragmented standards and scarce local road rights remain major barriers to nationwide scale.
Offshore Renminbi Strengthens Beyond 6.84 as Post‑Holiday Rally Continues
The offshore renminbi strengthened to 6.83605 on February 26 as market sentiment, a softer dollar and heavy exporter FX settlements bolstered the currency. Analysts expect continued near‑term strength but caution that policy guidance and seasonal flows could moderate the one‑sided appreciation through 2026.
Secondary Sale Implies $550bn ByteDance Valuation — A Signal of Appetite, Not Confirmation
A reported secondary sale by investor General Atlantic implies a roughly $550 billion valuation for ByteDance, situating the company between Tencent and Alibaba in scale. The figure, unconfirmed by ByteDance, offers a market signal about private demand but should be treated cautiously given regulatory and geopolitical risks.
Skyworth to Operate Panasonic TVs in Europe and North America — A Milestone in the Global TV Shake‑up
Skyworth will operate Panasonic‑branded TV sales and distribution in Europe and North America while Panasonic retains control in Japan. The deal, alongside TCL’s tie‑up with Sony, signals a structural shift in the global TV industry toward Chinese firms operating Western channels and Japanese firms focusing on high‑end tech and domestic markets.
Chinese Second‑hand Housing Market Shows Signs of Stabilising as Owners Stop Selling at a Loss
Since early 2026, China’s second‑hand housing market has shown signs of stabilisation as listings fall and price declines narrow nationwide. Lower mortgage costs and improved rental yields have reduced owners’ incentive to sell at a loss, but the recovery is uneven and depends on spring market behaviour and broader economic conditions.
AI Infrastructure Rally Lifts Shenzhen Midday as Market Breadth Weakens
Midday trading in China saw a divergent market: Shenzhen’s index recovered to a modest gain driven by a concentrated rally in compute‑hardware and related industrial stocks, while broader market breadth weakened with most stocks in decline. Rising turnover and strong moves in PCB, CPO and liquid‑cooling server names reflect investor bets on AI and datacentre demand, even as lithium batteries and cinema chains cooled off.