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South China Morning Post - Business

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Why China-Canada trade and global cooperation are now ripe for progress

The global landscape is undergoing profound rupture. The United States has blatantly interfered in the internal affairs of Venezuela through direct military action and openly covets Greenland. US President Donald Trump has called Canada the “51st state” of his country and threatened to “take back” the Panama Canal. The US is undermining the core assumptions that have underpinned...


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China’s Unitree ships more than 5,500 humanoid robots in 2025, surpassing US peers

China’s Unitree Robotics shipped more than 5,500 humanoid robots in 2025, according to a person with knowledge of the matter, as the Hangzhou-based company ramped up production ahead of its planned listing on the mainland. That number – covering “pure” full-body, bipedal humanoid models – exceeded those of its American peers such as Tesla, Figure AI and Agility Robotics, which s...


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China Taiping expects higher profit but Tai Po fire could weigh in 2026

China Taiping Insurance Holdings, whose Hong Kong subsidiary faces massive claims related to the Tai Po fire in November, is expected to post strong annual profit on an investment gain, according to a filing to the Hong Kong stock exchange on Monday. Fitch Ratings, however, warned that the insurer’s earnings in 2026 could be affected by large claims related to the Wang Fuk Court...


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Global memory chip crunch set to intensify amid Trump’s new industrial policy

The shortages and associated price increase in the global memory chip sector could potentially intensify, as the US government threatened to impose hefty new tariffs on some major foreign manufacturers. Speaking at Friday’s groundbreaking ceremony for Micron Technology’s US$100 billion factory in New York, US Commerce Secretary Howard Lutnick warned that memory chipmakers – with...


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Goldman Sachs, Prada among top financial, luxury brands to join Hong Kong AFF

The 19th Asian Financial Forum (AFF) kicks off in Hong Kong next week, highlighting the city’s strategic role in facilitating cross-border investment. The forum would focus on helping mainland Chinese start-ups go global through Hong Kong initial public offerings (IPOs), while providing international firms with a gateway to the mainland, HSBC Hong Kong CEO Maggie Ng said on Mond...


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