Shuli Ren

By 2023, China already had 217 million people aged 65 and over, or about 14 per cent of the population.

A great wealth transfer is happening in China

In some parts of the country, retirees are the richest while Gen X and millennials are struggling

Pop Mart has also captured grown-ups – fashionistas playfully pairing Labubus with their designer handbags and working mothers gifting to appease their overworked school children.

Sorry, Pop Mart, Labubu is just not Lego or Pokemon

The continued reliance on scarcity to sell its products could turn consumers off

Bank of America Merrill Lynch sees gold reach US$5,000 per ounce by next year. The rationale is brutally simple – investment demand.

Gold’s ‘semi-rational’ run gives Wall Street vertigo

If American households start to see that it is an essential hedge against inflation and devaluation of the greenback, then the sky...

Roughly half of HSBC’s Hong Kong CRE exposure comes from Hang Seng.

HSBC is tackling Hong Kong’s commercial real estate crisis

[HONG KONG] For those concerned with financial stability, HSBC Holdings is doing the right thing by taking its Hong Kong subsidiary private....

Cambricon has become a stock market darling, precisely because investors recognise China has a good chance to take market share in inference chips.

China gets closer to finding its own Nvidia

Cambricon’s success shows how to foster future national champions

Even though Labubu’s Google search and social media trends seem to have peaked in July, its manufacturer Pop Mart International’s shares continue to test record highs.

You should ask your teens for shopping and investing tips

Millennials say their children are great at spotting trends, leading to a host of new billion-dollar brands

epa12203997 A customer holds Samyang Foods Inc.'s popular Buldak spicy ramyeon product at a large discount store in Seoul, South Korea, 29 June 2025, after the company's market capitalization recently exceeded 10 trillion won (USD7.3 billion) for the first time.  EPA/YONHAP SOUTH KOREA OUT

Why Buldak ramen is an US$8 billion brand

For now, investors know that despite Trump’s protectionism, young people are interested in exotic tastes and aesthetics, and that’s worth billions

Buildings in Hong Kong, China, on Friday, July 4, 2025. Hong Kong authorities intervened for the third time in a week to support the currency, which had dropped toward the weak end of its official trading band as the citys interest rates touched a three-year low. Photographer: Paul Yeung/Bloomberg

Hong Kong’s tycoons are damaging the city’s credit culture

Until recently, the city’s old money had it easy; the name brand itself spelled investment grade

With all the social media buzz, it’s worth asking if we are witnessing the rise of a new-age collectible, or whether Labubu is a mere fad destined to fade.

Labubu’s biggest threat is not Wakuku, or Lafufu

Pop Mart is doing a fragile dance with the toy’s resellers

FILE PHOTO: The Pfizer logo is seen on the pharmaceutical company's manufacturing plant, in Newbridge, Ireland February 10, 2025. REUTERS/Clodagh Kilcoyne/File Photo
THE BOTTOM LINE

Why China biotech is getting a DeepSeek moment, too

The country is emerging as an attractive place for Big Pharma to chase billion-dollar licensing deals