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All the latest breaking news from Hong Kong, China and around the world
News - South China Morning Post
  1. A Chinese private company has drawn the attention of security watchers after detailing US military deployments near Iran, a move experts say underlines Beijing’s intelligence abilities. MizarVision, a Chinese commercial intelligence analysis firm, has consistently published monitoring posts regarding American military movements on social media over the past two years. But it has attracted fresh...
  2. Hong Kong’s government investment agency will take on a bigger role in attracting commercial property investment while advancing the establishment of an alliance focused on Chinese-developed RISC-V chips, as the financial secretary pledged additional funding to the corporation in Wednesday’s budget speech. The Hong Kong Investment Corporation (HKIC), which manages HK$62 billion (US$8 billion) in...
  3. Ali Shamkhani, who taunted Israel after ⁠being pulled alive from the rubble of his Tehran home ⁠following a strike in June 2025, has survived at the centre of Iranian policymaking during ⁠its most testing military confrontations and diplomatic endeavours. The 70-year-old former Revolutionary Guard commander is a trusted adviser to Supreme leader Ayatollah Ali Khamenei in a high-stakes stand-off...
  4. A US judge has refused to throw out a lawsuit accusing Northwestern University of mistreating Chinese-American neuroscientist Jane Wu before her suicide, allowing the case to move ahead. The ruling on Tuesday rejected the university’s request for dismissal and means one of the most consequential cases related to the now-defunct “China Initiative” will proceed into a more substantive phase, with...
  5. The new year is not off to a good start. In January, US president Donald Trump ordered the abduction of Venezuelan President Nicolas Maduro and now there is a massive US military build-up in the Middle East, apparently aimed at Iran. One aircraft carrier strike group has arrived in the region, with another one on the way. However, there does appear to be a silver lining to the stand-off. Unlike...
  6. Hong Kong is aiming to sharpen its competitive edge as an offshore yuan hub, an asset and wealth management base, and a digital-asset front runner under Financial Secretary Paul Chan Mo-po’s budget released on Wednesday. Market participants largely welcomed Hong Kong’s renewed push to strengthen its position as an international financial centre, after Chan highlighted the city’s unique role in...
  7. US private equity firm General Atlantic is selling an equity stake in TikTok owner ByteDance in a deal that raises its valuation of the private Chinese company to US$550 billion, Reuters reported on Wednesday, citing two unnamed sources. The deal, still pending, confirms a previous report by the South China Morning Post in December that ByteDance’s valuation had surged to US$500 billion on the...
  8. A reported threat by US President Donald Trump to withdraw from the North American trade pact could push Canada closer to China, analysts say, even as his new global 15 per cent tariff has little immediate impact due to existing trade agreements. Washington, Ottawa and Mexico City are set to renegotiate terms of the US-Mexico-Canada Agreement (USMCA) before a possible extension on July 1....
  9. Hong Kong’s finance chief has set aside HK$30 billion (US$3.8 billion) to kick-start the Northern Metropolis in his latest budget, aiming to accelerate the megaproject through the government’s partnership with developers and tech enterprises. Financial Secretary Paul Chan Mo-po announced on Wednesday that three companies overseeing the Hetao Hong Kong Park, the San Tin Technopole and the Hung...
  10. Chinese open-source artificial intelligence models, led by those from MiniMax AI and Moonshot AI, have topped global token usage, ending a year of market dominance for US developers, according to data from OpenRouter. Online AI hosting platform OpenRouter’s latest ranking reflected the increased international demand for Chinese open-source models on its site following a series of new...