South China Morning Post - Companies

Chinese carmakers, already at the vanguard of electric vehicle (EV) technology and production, are looking to make a dent in international marques’ full-hybrid vehicle stronghold as they continue to disrupt the global car industry’s pecking order. Major car builders including Geely Auto and Changan Automobile have reported impressive sales of hybrid electric vehicles (HEVs), lur...

In the high-stakes battle for China’s top talent, domestic tech companies – especially in semiconductors and artificial intelligence – are rolling out aggressive equity incentive plans as they capitalise on a bull market to retain key personnel. Recent corporate filings revealed an unprecedented wave of stock grants, ranging from zero-cost share awards to near-blanket workforce ...

Chinese smart vehicle makers have been hit by another setback as a global components shortage collides with surging prices of raw materials, driven by the artificial intelligence boom. It would take at least a year for the global supply chain to ramp up production of printed circuit boards (PCBs) and multilayer ceramic capacitors (MLCCs) – two key parts that make vehicles intell...

Tesla has issued the largest-ever product recall in mainland China’s electric vehicle (EV) market, as Elon Musk’s firm pledges to fix a door-handle issue affecting nearly 3 million cars. The massive recall comes as Chinese regulators move to ban retractable car door handles over safety fears, after a fatal incident last year in which a driver was left trapped inside a burning ve...

Ping An Insurance (Group), China’s largest insurer in terms of market capitalisation, is eyeing investments in Hong Kong-listed exchange-traded funds (ETFs) to boost returns following Beijing’s green light for cross-border allocations, according to senior executives. “Allowing mainland insurance funds to invest in Hong Kong listed ETFs is set to tighten the ties between Hong Kon...