Starbucks Finally Loses to $1.50 Coffee—Chinese Consumers Can’t Afford It Anymore
Yet, in today’s climate of economic belt-tightening, this affordable 9.9 RMB coffee has become a hit among young people. Luckin’s low-price strategy has quickly...
Hong Kong police consider using drones to patrol streets as authorities review rules
Hong Kong police will use drones for patrol if regulations permit, with images collected for artificial intelligence analysis to improve effectiveness, the city’s security...
Gulf financiers bet on 35% returns from Chinese assets on stimulus expectations
Gulf financiers expect investments in China to return up to 35 per cent next year based on bets that Beijing will implement additional stimulus...
Hong Kong’s high-speed rail brought in HK$2.5 billion in revenue last year: minister
The local segment of the Guangzhou-Shenzhen-Hong Kong high-speed rail generated HK$2.5 billion (US$321.5 million) in revenue last year for the MTR Corporation, the transport...
Gas blast causes fire at luxury apartments in Chinese city of Shenzhen
Published: 6:14pm, 11 Dec 2024Updated: 7:08pm, 11 Dec 2024 A gas blast at a luxury apartment in the southern Chinese city of Shenzhen caused...
Defence of Guam: US conducts first ballistic missile intercept amid contest with China
Washington has conducted the first-ever test of a ballistic missile interception from Guam, which US military officials described as a “critical milestone” to “defend...
550,000 tourists drawn to Hong Kong mega-events, spending HK$2.4 billion
Mega-events held in Hong Kong in the first half of the year attracted around 550,000 tourists who collectively spent HK$2.4 billion (US$307.7 million), the...
Indian opposition raises doubts over India-China border deal
India’s opposition has raised concerns about potential territorial concessions under the country’s recent border agreement with China, increasing political scrutiny of Prime Minister Narendra...
Generative AI helps Hong Kong’s Insilico Medicine design potential new IBD drug
Hong Kong-based Insilico Medicine said its generative artificial intelligence (AI) platforms helped it design a molecule that showed promise in a new drug for...