10 April 2025

HKIC backs fintech unicorn WeLab to bring Hong Kong start-ups to Southeast Asia

HKIC backs fintech unicorn WeLab to bring Hong Kong start-ups to Southeast Asia

The Hong Kong government’s investment arm is keen to leverage the expertise of its latest investee – fintech unicorn WeLab – to support start-ups from the city looking to expand in Southeast Asia. Hong Kong Investment Corp (HKIC), which manages HK$62 billion (US$8 billion) of funds, on Thursday formed a partnership with WeLab after acquiring […]

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Trump tariffs: Chinese chip firms shrug off trade war, as US already cut them off

Trump tariffs: Chinese chip firms shrug off trade war, as US already cut them off

A number of listed Chinese semiconductor companies have reassured investors that they are largely unaffected by China’s increased import tariffs, citing earlier US sanctions as a mitigating factor. China recently increased duties on all American goods to 84 per cent in retaliation to US President Donald Trump’s so-called “reciprocal” tariffs, which took effect at 12pm

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TSMC sales beat estimates amid AI demand ahead of US tariffs

TSMC sales beat estimates amid AI demand ahead of US tariffs

That marked TSMC’s fastest pace of growth since 2022. Electronics manufacturers had stockpiled goods in US warehouses in anticipation of potential trade and shipping disruptions. The main chipmaker for Apple and Nvidia reported revenue of NT$839.25 billion (US$25.5 billion) in the first three months of 2025. Analysts on average expected roughly NT$830.5 billion. The company

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