mainland China
Coverage of mainland China in the Nexus archive.
- Price war fears grip China’s EV market after woeful July sales figures
China's EV market faces bearish sentiment as Xpeng, Nio, and Li Auto reported weak July sales, raising concerns of a price war. Sales declines were attributed to weakening demand for intelligent cars amid an economic slowdown in mainland China.
- Mainland transit offers alternative for Europe trips amid Middle East war
Transiting through mainland China for long-haul Europe trips from Hong Kong has become an alternative to Middle East stopovers due to safety concerns from the US-Israel war on Iran. Travel agents report an expected 3% annual increase in such tours despite initial declines.
- ‘Little Warren Buffetts’: Chinese parents pay top dollar to send kids to financial literacy camps
Mainland Chinese parents are increasingly enrolling their children in expensive financial literacy camps to cultivate financial skills, with the goal of creating 'little Warren Buffetts.' These classes, part of a growing trend over the past two years, emphasize mindset shifts around wealth and responsibility, as reported by Phoenix Weekly.
- Shady lip service: experts warn against illicit beauty treatments in Hong Kong
Beauticians from outside Hong Kong are performing illegal cosmetic procedures like botulinum toxin and filler injections, with middlemen using online groups to facilitate these activities. Experts report botched treatments by practitioners allegedly from mainland China or overseas.
- Candidates taking DSE exams on mainland face 220% entry fee jump to HK$8,000
Students taking Hong Kong’s DSE exams in mainland China will face a 220% fee increase to HK$8,000 next year after the pilot scheme ends. The Hong Kong Examinations and Assessment Authority announced the change, with local students experiencing a 4% increase per subject.
- Wild Tech Stock Swings Spur Retail Traders to Cut Margin Loans
Retail investors in South Korea, Taiwan and mainland China have reduced margin loans due to a recent collapse in technology stocks, leading them to close out positions.
- Gold Flows to Hong Kong Hit Decade-High Before Clearing Launch
Hong Kong’s gold imports reached a decade-high in June, driven by preparations for the city’s newly launched clearing system and strong demand from mainland China. The surge marks the highest level since late-2014.
- Hong Kong can act as ‘super converter’ for mainland China, Paul Chan says
Hong Kong can serve as a 'super converter' for technical standards, legal norms, and innovations between mainland China and the global community, according to Financial Secretary Paul Chan Mo-po. He highlighted Hong Kong's reputation for quality as a trusted 'brand name' and cited Middle Eastern acceptance of Hong Kong-origin products as an example.
- Hong Kong insurers ride affluent demand to record sales as longevity and legacy needs grow
Life insurance sales in Hong Kong rose 51% in Q1 to a record HK$141.1 billion, driven by affluent customers from mainland China and overseas seeking wealth transfer, protection, and medical coverage. This marked the third consecutive year of record first-quarter sales.
- Hong Kong insurers ride affluent demand to record sales as longevity and legacy needs grow
Life insurance sales in Hong Kong rose 51% in the first quarter to a record HK$141.1 billion, driven by affluent customers from mainland China and overseas seeking policies for wealth transfer, protection, and medical needs. The Insurance Authority reported the third consecutive year of first-quarter sales records.
- Hongkongers increase cross-border shopping splurges, spending data shows
Hong Kong consumers increased cross-border shopping in mainland China due to lower prices and wider digital payment adoption. UnionPay data shows a nearly 30% year-on-year rise in offline card spending by Hong Kong residents in mainland China, with online transactions growing even faster in the first half of 2026.
- Hongkongers increase cross-border shopping splurges, spending data shows
Hong Kong consumers increased cross-border shopping in mainland China, with UnionPay data showing a 30% year-on-year rise in offline spending and stronger online transaction growth in H1 2026, driven by lower prices and digital payment adoption.
- Time for deeper, detailed exchanges between Hong Kong and mainland Chinese courts
The article discusses the 'one country, two systems' principle, highlighting the distinct legal systems of Hong Kong and mainland China while emphasizing their shared goal of delivering justice. It notes growing economic and commercial connections between Hong Kong and the Greater Bay Area.
- Internet personality ‘Mr Ho’ jailed for 2 months over stabbing wife several times
An elderly Hong Kong man known as 'Mr Ho' has been jailed for two months for stabbing his much younger wife upon learning she was returning to mainland China after their relationship turned sour. The District Court sentenced 79-year-old Ho Huen in his absence as he remained hospitalized.
- Ikea’s China remodelling: parent firm puts 8 former retail sites on block
Ikea’s parent company Ingka Group is selling eight retail properties in mainland China through JLL, marking its largest asset disposal since entering the market. Seven properties were former Ikea stores closed in February, and one in Guiyang, Guizhou, has been vacant since 2022.
- Hong Kong-based mediation body adds at least 1 more successful case to tally
An intergovernmental mediation body based in Hong Kong has resolved at least one more dispute, expanding its influence to 46 signatory and 16 contracting states. The organization, International Organisation for Mediation (IOMed), has addressed challenges from parties with 'a certain attitude' due to geopolitical factors, as noted by its secretary general Teresa Cheng Yeuk-wah.
- Wealthy European clients eye Hong Kong for family offices, says BNP Paribas
BNP Paribas reports that wealthy European clients are increasingly establishing family offices in Hong Kong to leverage regional opportunities. Mainland Chinese clients are also seeking investments in Europe, with Lemuel Lee, BNP Paribas' Hong Kong wealth management head, noting a two-way capital flow between Europe and mainland China.
- Wealthy European clients eye Hong Kong for family offices, says BNP Paribas
BNP Paribas reports that wealthy European clients are increasingly establishing family offices in Hong Kong to leverage regional opportunities, while mainland Chinese clients are investing in Europe, according to the bank's Hong Kong wealth management head Lemuel Lee.
- SPCA hit with backlash after wading into mainland Chinese dog-killing case
The SPCA faced backlash for requesting Hong Kong police to remove videos of a dog and its pups being killed in mainland China, leading to an apology after social media users accused the group of suppressing evidence. Critics argued the removal would hinder awareness of the case.
- Short-haul tourist arrivals fall 15% amid strong Hong Kong dollar, fewer flights
Hong Kong’s short-haul tourist arrivals dropped 15% in June due to higher fuel costs from the Middle East conflict reducing flight capacity and weaker regional currencies lowering travel demand. Overall visitor numbers rose 7% year-on-year to 3.72 million, driven by a 10% increase in mainland Chinese arrivals.
- China memory-chip maker CXMT set for mega IPO
ChangXin Memory Technologies (CXMT) is preparing for a large initial public offering (IPO) on Shanghai’s Star Market, with shares priced at 8.66 yuan per share. The IPO could raise up to 66.6 billion yuan if the 15% overallotment option is exercised, making it mainland China’s second biggest IPO.
- Mainland schools for Hong Kong pupils beat city average in university entrance exams
Two of four mainland China schools in the Greater Bay Area outperformed Hong Kong's citywide average in university entrance exams, with most students passing core subjects. These schools are the only mainland institutions approved by the Hong Kong Examinations and Assessment Authority to register students for the Diploma of Secondary Education (DSE) exams.
- Mainland China funds increase stakes in Hong Kong biotech amid surge of licensing deals
Mainland Chinese institutional fund managers have increased investments in Hong Kong-listed biotechnology stocks due to attractive valuations and a surge in cross-border licensing deals. E Fund Management, China's largest mutual fund manager, acquired a 7% stake in Biocytogen Pharmaceuticals by purchasing 91,500 shares at HK$46.90 each.
- Mainland China’s luxury housing boom is keeping wealthy buyers at home, report says
China’s luxury housing market is attracting wealthy mainland buyers due to Beijing’s crackdown on illicit capital outflows, including through Hong Kong’s 'grey market'. Analysts suggest this trend could challenge Hong Kong’s high-end residential market.
- Taiwan’s opposition TPP launches historic first trip to mainland China
The Taiwan People’s Party (TPP) has launched its first formal delegation to mainland China, aiming to promote cross-strait peace through dialogue amid tensions. The nine-member delegation visited Shanghai for four days, focusing on youth exchanges, urban governance, artificial intelligence, technological innovation, and entrepreneurship.
- Baby Rufus in urgent need of heart donation, Hong Kong health authorities say
Hong Kong health authorities urgently seek a heart transplant for six-month-old Rufus, who has dilated cardiomyopathy and is in critical condition at Hong Kong Children’s Hospital. The Hospital Authority plans to request assistance from mainland China to address the urgent need.
- Northern Metropolis fast-track laws will ‘run parallel’ with environmental rules
Hong Kong's Northern Metropolis project will have dedicated fast-track laws that do not override the Environmental Impact Assessment Ordinance, according to authorities. The statement followed a meeting of the government-appointed Advisory Council on the Environment, which focused on streamlining construction noise permit procedures for the development near the mainland China border.
- Typhoon Bavi: more than 130 flights connecting Hong Kong to region axed
Over 130 flights between Hong Kong, Taiwan, mainland China, and Japan were cancelled due to Typhoon Bavi, with 10 high-speed rail services also suspended. Hong Kong International Airport reported 64 inbound and 71 outbound flights axed, primarily affecting routes to Taipei, Kaohsiung, Shanghai, and Hangzhou.
- Uniqlo defies sluggish China market with double-digit profit growth
Japanese apparel retailer Uniqlo reported double-digit profit growth and higher revenue in mainland China despite sluggish domestic consumption and bilateral tensions. The growth was driven by enhanced marketing and strong sales of summer products like easy pants, UV-protection items, and T-shirts.
- Uniqlo defies sluggish China market with double-digit profit growth
Japanese apparel retailer Uniqlo reported double-digit profit growth and higher revenue in mainland China amid sluggish domestic consumption and bilateral tensions. Same-store sales increased due to enhanced marketing and strong demand for summer products like easy pants and UV-protection items.
- Xiaomi preps for fierce EV race with new SUV line, long-range battery tech
Xiaomi, a smartphone vendor now one of Tesla’s biggest challengers in mainland China’s EV market, is developing a new SUV line called Sky Nomad with extended-range battery technology to counter domestic sales slowdown.
- Super Typhoon Bavi: dozens of Hong Kong flights cancelled as storm nears Taiwan
Super Typhoon Bavi has caused the cancellation of over 40 outbound flights from Hong Kong to Taiwan, mainland China, and Japan, operated by airlines including Cathay Pacific Airways and HK Express. Some flights are delayed to Sunday, and local carriers are offering special arrangements for affected passengers.
- Hong Kong top retirement choice for ultra-rich expats, St James’s Place says
Two-thirds of ultra-rich expatriates in Hong Kong plan to retire in the city due to stronger financial benefits, according to a St James’s Place survey of 450 affluent residents. The survey found 17% of respondents held Hong Kong or mainland China passports, while others were citizens of various global jurisdictions.
- Tourist arrivals in Hong Kong jump by 13% to 26.7 million in first half of year
Tourist arrivals in Hong Kong increased by 13% to 26.7 million in the first half of 2026 compared to the same period in 2025, driven by more mega-events and expanded destinations. Tourism minister Rosanna Law Shuk-pui reported a 16% rise in visitors from mainland China and a 5% increase in foreign tourists.
- Mainland China markets follow US in embracing tech stock dominance
Mainland China’s stock markets are aligning with US markets in tech stock concentration, with technology stocks now representing 27% of the CSI 300 Index—double the weight from a year ago and the largest sector in the benchmark.
- China’s EV deliveries remain stuck in downward spiral, exacerbating industry worries
China's EV deliveries fell 7% year-on-year in June compared to 2025, marking the sixth consecutive monthly decline. Carmakers offered promotions to attract budget-conscious consumers, but the trend is raising concerns about the industry's profitability.
- Why Hong Kong students are heading to mainland China to intern
Hong Kong students are increasingly seeking summer internships in mainland China due to expanded government and university cross-border placement programs. They cite opportunities in diverse sectors, hands-on experience in a larger market, lower living costs, and cross-border exposure as career advantages.
- Hong Kong Hetao innovation hub fully leases 2 wet lab buildings amid strong demand
Hong Kong’s Hetao innovation hub, part of the Northern Metropolis megaproject, has fully leased two wet laboratory buildings in its first phase. Over half of the tenant companies are from mainland China, according to chairman Kevin Choi Kit-ming.
- Hong Kong retail sales grow 7.9% in May, extending winning streak to 13 months
Hong Kong’s retail sales increased by 7.9% year-on-year in May, reaching HK$33.8 billion, driven by higher visitor numbers during mainland China’s Labour Day golden week holiday. This marks the 13th consecutive month of growth.
- Hong Kong, mainland China to start sharing data this year: tech minister Sun Dong
Hong Kong and mainland China are set to begin cross-border data sharing this year as more companies operate in the Hetao innovation hub, according to tech minister Sun Dong. The announcement was made amid discussions about Hong Kong's administrative achievements and future plans.