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1. HSBC chairman floats ‘IPO connect’ for Hong Kong, Shenzhen ahead of China’s ‘two sessions’

   Beijing should create a “connect” scheme for initial public offerings (IPOs) in the Greater Bay Area to allow mainland Chinese and Hong Kong investors to buy into new listings across the border, HSBC Asia-Pacific chairman Peter Wong Tung-shun said on the eve of China’s annual “two sessions” meetings. “If investors in both Shenzhen and Hong Kong are further allowed to participate simultaneously...

2. Trump’s tariff wars reshaped US-China trade – at what cost to American firms?

   China would have bought nearly 60 per cent more goods from the United States in 2025 if not for US President Donald Trump’s trade wars, according to a former chief economist at the US State Department. That shortfall would have reached about US$90 billion for the year, wrote Chad Bown in an article published on Tuesday by the Peterson Institute for International Economics, where he is a senior...

3. China youth share struggles instead of flaunting wealth, embrace ‘comparing misery’

   An increasing number of young people in China have, in recent years, begun to reject the previous generation’s tendency to flaunt wealth and success. Instead, they are embracing a new trend known as “reverse comparison” concerning income and struggles. Rather than pursuing branded or high-end products, Generation Z, who were born around the year 2000, are opting for affordable items and...

4. What Hong Kong travellers stuck in the Middle East need to do as war spirals

   More than 400 Hongkongers have reported being stranded in the Middle East after major airspace closures triggered by the US-Israeli war on Iran disrupted dozens of flights between the city and the region. There are no signs yet of when they might return home, even as major transit hubs including Dubai airports resumed limited operations. US President Donald Trump has said military operations...

5. Indonesia’s US-Iran peace broker bid faces long odds: ‘we are nothing to them’

   Indonesian President Prabowo Subianto has wasted no time positioning himself as a diplomatic broker in the Middle East, offering to mediate between Iran and the United States even as the bombs are still falling. The problem, critics say, is that Indonesia stopped being neutral the moment it joined US President Donald Trump’s “Board of Peace”. Jakarta’s offer came on Saturday, hours after US and...

6. Ex-Apple Daily executive first to appeal sentence in landmark Hong Kong trial

   A former Apple Daily senior executive jailed for national security offences in Hong Kong has lodged an appeal against his 10-year term, the first in a landmark trial that saw the founder of the now-defunct tabloid-style newspaper sentenced to 20 years in prison. Court documents reviewed by the South China Morning Post on Tuesday showed that Fung Wai-kong, former managing editor of Apple Daily’s...

7. Trump-Xi trade detente weathers US strikes on Iran

   China and the United States are looking for ways to revive reciprocal investments, even as conflict in the Middle East casts a shadow over an upcoming presidential summit. Joint ventures, licensing arrangements and so-called intellectual-property-light models designed to withstand political and regulatory scrutiny are among the forms of cooperation under discussion, an unnamed source told the...

8. ‘Change typhoon intensity and path’: China team mulls hitting cyclones with space beam

   China should accelerate development of a space-based solar power station, as the technology could one day do far more than beam clean energy to Earth, it might even help tame typhoons, according to a senior Chinese engineer. Duan Baoyan, the lead scientist behind the ambitious “Zhuri” project – which aims to hold a megawatt-class demonstration in the Earth’s orbit by 2030 – said microwave beams...

9. How the US ceded the robotics economy to China

   On the eve of the Chinese New Year, the Spring Festival Gala, one of the world’s most-watched television broadcasts, delivered more than just festive entertainment. It served as a high-definition manifesto of China’s “embodied AI” supremacy. International observers, from Reuters to El Pais, watched as humanoid robots from start-ups such as Unitree performed complex martial arts, backflips and...

10. Gulf states take the fight to Iran as missiles target oil, gas and trade

    Since Iran came under US and Israeli attack on Saturday, its retaliatory missile and drone barrages have struck Saudi oil refineries, the world’s largest LNG plant in Qatar and the United Arab Emirates’ trade and transit infrastructure. Now the Gulf is signalling it has had enough of just absorbing the hits. None of the six Arab monarchies of the Gulf Cooperation Council wanted this war,...