Business News

Latest business news and updates

Total: 749

A couple celebrating Chinese New Year in a beautifully decorated room with traditional red ornaments.
Business

Delivering Reunion: How China’s New Year Eve Dinners Became a Booming Delivery Market

Search interest for delivered and takeaway New Year’s Eve dinners in China surged in early February, with several hundred-percent jumps across related search terms. Restaurants and platforms are responding with dedicated delivery services, extended logistics into rural areas and new seasonal product offerings, reshaping how families consume the Spring Festival reunion meal.

SoBiz2026年2月16日 12:04
#Spring Festival#Chinese New Year#food delivery
Illuminated red Chinese lanterns hanging at night in Hong Kong, adding cultural elegance to the urban setting.
Business

Hong Kong Stocks Finish Lunar Year on a Bright Note as AI, Chips and Miners Lead Gains

Hong Kong equities closed early on Lunar New Year’s Eve with the Hang Seng up 0.52%, led by strong performances in AI-related names, semiconductors and miners. Seasonal demand for gold and a renewed technical lift in the Hang Seng Tech Index supported a rotation into cyclicals, while Zhipu’s push for a STAR Market listing underscores continued capital-market diversification by Chinese tech firms.

SoBiz2026年2月16日 12:04
#Hong Kong stocks#Hang Seng#AI applications
Close-up of hands holding a one Chinese Yuan note, showcasing currency details.
Business

China Sells First Batch of 2026 RMB Sovereign Bonds in Hong Kong, Deepening Offshore Yield Curve

China's Ministry of Finance listed RMB 14 billion of sovereign bonds in Hong Kong across five maturities, reinforcing Hong Kong's role as the main offshore hub for RMB assets. The issuance arrives against a backdrop of sustained growth in the offshore RMB bond market and efforts by the exchange to attract more listings.

SoBiz2026年2月16日 11:55
#RMB bonds#China Ministry of Finance#Hong Kong Exchange
Close-up of assorted coins in silver, gold, and copper on a black background, showing various currencies and denominations.
Business

Spot Gold Falls Below $5,000/oz as Silver Sinks; Precious Metals Retreat on Risk Appetite and Dollar Strength

Spot gold fell below $5,000 per ounce and silver dropped over 2% on Monday, reversing recent gains as traders engaged in profit‑taking and repositioned amid a stronger dollar and firmer yields. The move raises questions about the durability of safe‑haven demand and could exert pressure on miners and commodity‑linked economies if it persists.

SoBiz2026年2月16日 11:55
#gold#silver#precious metals
Scrabble tiles spelling 'China' and 'Tariffs' symbolize global trade issues.
Business

Buffett’s Last Lessons: Trade, Trust and Time — Ten Practical Rules from a 94‑Year‑Old Investor

At Berkshire Hathaway’s annual meeting, Warren Buffett outlined ten practical principles for investors and citizens: beware trade protectionism, guard against inflationary fiscal policy, be modest about technology you do not understand, favour patience plus decisive action, and protect reputation. His remarks stress long-term compounding, vocation, curiosity and the role of trust in sustaining markets as he phases in succession at Berkshire.

SoBiz2026年2月16日 11:55
#Warren Buffett#Berkshire Hathaway#trade war
A MacBook displaying the DeepSeek AI interface, showcasing digital innovation.
Business

From TikTok Refugees to Transformer Shortages: Ten Unexpected Business Shocks That Defined China in 2025

A string of unexpected developments in 2025—from TikTok users migrating to Xiaohongshu, to a transformer shortage limiting AI scalability—upended Chinese business. The year highlighted how geopolitics, surging technological demand and shifting consumer culture can swiftly elevate winners and expose strategic weaknesses.

NeMo2026年2月16日 05:54
#China#Xiaohongshu#AI compute
Adorable child with traditional Vietnamese hat and incense sticks, capturing cultural charm.
Business

Warner Bros. Discovery Weighs Reopening Talks After Paramount’s Sharpened Hostile Bid

Paramount, with Skydance, has submitted a revised hostile offer to Warner Bros. Discovery offering to pay a $2.8 billion breakup fee, backstop debt refinancing and compensate shareholders if the deal misses a December 31 close. Warner Bros. Discovery’s board is debating whether those concessions create a viable route to a superior transaction despite an existing binding agreement with Netflix, raising the prospect of a renewed bidding war and fresh regulatory scrutiny.

NeTe2026年2月15日 22:54
#Warner Bros. Discovery#Paramount#Skydance
Close-up of various cryptocurrencies and a smartphone showing market trends.
Business

Bitcoin Drops Below $70,000 Intraday to $68,988, Highlighting Fragile Rally

Bitcoin fell intraday to $68,988 on 15 February, slipping back below the $70,000 mark and exposing the ongoing volatility in the crypto market. The move highlights short‑term profit‑taking, sector balance‑sheet pressures and the influence of broader market sentiment on digital assets.

NeTe2026年2月15日 16:34
#Bitcoin#cryptocurrency#crypto markets
Close-up of AI-assisted coding with menu options for debugging and problem-solving.
Business

Markets at a Crossroads: AI Frenzy, Fed Timing and the Gold–Silver Litmus Test

Markets are exhibiting high-speed, narrative-driven volatility driven by conflicting signals from labor and inflation data and the AI debate. Next week's US Q4 GDP release and the performance of software stocks—and the divergence between gold and silver—will be pivotal in determining whether the recent sell-off ends or resumes.

SoBiz2026年2月15日 10:34
#US Fed#AI#software sector
Beverly Hills fire truck driving through a city street, showcasing emergency services in action.
Business

Anta's Beverly Hills Move: How China's Sporting Giant Plans a Premium Push into North America

Anta opened its first U.S. flagship in Beverly Hills as part of a broader global push following major acquisitions including Amer Sports and Jack Wolfskin, and a proposed stake in Puma. The flagship is a strategic attempt to reposition Anta as a premium, technically credible global brand ahead of the 2028 Los Angeles Olympics, but it faces steep competition from entrenched incumbents and cultural hurdles in North America.

SoBiz2026年2月15日 10:24
#Anta#North America#Beverly Hills
A contemporary shopping mall hallway with glass reflections and modern architecture.
Business

China’s Outlet Boom: How suburban “discount bazaars” are remaking retail and reviving spending

China’s outlet centres have surged in popularity, filling a gap left by underperforming urban malls and unreliable e-commerce. Attracting middle-aged men, suburban families and young consumers disenchanted with online shopping, outlets have become suburban multipurpose destinations and a fast‑growing retail channel.

SoBiz2026年2月15日 10:24
#outlet malls#China retail#consumer behaviour
A large bucket wheel excavator operates in a vast industrial mining area, illustrating heavy machinery in action.
Business

Henan Crane Maker Hands Out Rmb180m in Year‑End Bonuses — and Lets Workers Count the Cash Live

Henan Mining Crane Co. announced Rmb180 million in year‑end bonuses — two‑thirds of its Rmb270 million profit — and staged a public cash‑counting event that distributed Rmb60 million on site. The spectacle mixes staff incentives, PR and political signalling, but raises practical questions about tax compliance, fairness and sustainability.

SoBiz2026年2月15日 10:24
#Henan Mining Crane Co.#Cui Peijun#year‑end bonus