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South China Morning Post Business3d05/27

Top industrialist Sunny Chai picked to head firm developing San Tin Technopole

Veteran industrialist Sunny Chai Ngai-chiu has been appointed as chairman of a government-owned company set to be tasked with developing Hong Kong’s San Tin Technopole – a key pillar of the Northern Metropolis megaproject. Authorities said on Wednesday that the San Tin Technopole Company would be established in the first half of 2026 and that Chai would start his three-year term as the head of the new firm’s board of directors on July 1. His tenure as chairman of the Hong Kong Science and...

china · asia
South China Morning Post Business3d05/27

‘Notorious’ Vietnam market defies raids, US tariff threats to sell luxury knock-offs

At a sprawling bazaar ⁠on the outskirts of Vietnam’s capital, the trade in counterfeit goods is bustling despite government crackdowns and the threat of US tariffs over the issue, two visits by Reuters journalists to the market found. “Police come once a year with a TV crew. They film the seizure of a shop, and then it’s business as usual,” said a seller at her stall displaying fake Ralph Lauren polos at Hanoi’s Ninh Hiep ‌wholesale market. Ninh Hiep is among about 30 “notorious markets”...

china · asia · usa
South China Morning Post Business3d05/27war-conflict · 2/5

Israel says it killed Hamas’ new armed wing chief in Gaza strike

Israel said on Wednesday ⁠it had killed Hamas’ newly appointed armed wing chief in Gaza, days after it killed his predecessor, while intensifying military pressure in Gaza and expanding operations in Lebanon. The Israeli military said Mohammad Odeh was killed in an operation in Gaza on Tuesday. A relative of Odeh confirmed his death to Reuters and said the funeral would take place after noon prayers in Gaza City. Hamas has yet ‌to issue an official statement, but a statement from his family said

china · asia · europe
South China Morning Post Business3d05/27

Man jailed 9 years for attempted rape after following victim from wet market

A 67-year-old jobless divorcee with a history of criminal offences has been jailed for nine years for sexually assaulting a woman during a brazen daytime break-in at a public rental flat in Hong Kong two years ago. The High Court on Wednesday sentenced former dockworker Leung Kam-wah over the “very serious” offences committed against the 26-year-old mother after he tailed her from a wet market to her flat in Kwai Chung’s Lai King Estate on July 5, 2024. Leung has 11 previous convictions,...

china · asia · europe
South China Morning Post Business3d05/27war-conflict · 2/5

Xpeng’s driverless cabs; Tesla launches FSD in China; Nio slams price wars: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. Chinese firm Xpeng builds driverless cabs, challenging Tesla’s FSD software Chinese electric vehicle (EV) maker Xpeng has begun mass production of autonomous cabs powered by its own chips, likely to mount yet another challenge on Tesla as both companies pursue a leading position in...

china · asia
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