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Xinmei Shen
Xinmei Shen
Hong Kong
@shenxinmei
Reporter, Technology
Xinmei Shen joined the Post in 2017 and is a technology reporter. She covers content, entertainment, social media and internet culture. Previously, she was with the Post’s tech news site, Abacus. Before that, she was a reporting intern at The Information whilst studying at the University of Hong Kong.

A forum to mark the 30-year anniversary of China’s access to the global internet brought together regulators and Big Tech executives, as Beijing moves to boost the private sector amid a mixed economy recovery.

Tesla has cut the prices of its Shanghai-made vehicles by more than 5 per cent in mainland China, joining an intensifying discount war in the country amid a slowdown in the carmaker’s sales globally.

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Chinese television set maker TCL is looking to reposition itself as a premium brand, hoping that increased sales of higher-end, larger-screen models will help boost its image.

Spot bitcoin and ether ETFs in Asia could be attractive to investors looking to avoid US tax laws, but the market is still relatively ‘tiny’.

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Bosera Asset Management, HashKey Capital, Harvest International and ChinaAMC are all working on spot crypto ETFs after the SFC’s first conditional approvals.

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Crypto industry executives were touting the benefits of bitcoin at the four-day Web3 Festival amid anticipation for the approval of spot ETFs this month.

While there were fewer exhibitors this year, the Web3 Festival has attracted a more international crowd with 80 per cent of participants from outside the city.

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Google’s lawsuit shows the continued rise of such scams around the world, which have duped tens of thousands of victims into making investments via fraudulent online platforms.

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Tether CEO Paolo Ardoino’s new venture Holepunch has launched a peer-to-peer messaging app called Keet to aid the mission of ‘financial freedom’.

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The total volume of global illicit cryptocurrency transactions declined last year, but crime-related funds had an increasing preference for Chinese crypto mogul Justin Sun’s Tron blockchain, a new report says.

Mobile payments made through 16 wallets supported by Alipay+ now account for 10 per cent of total tourist spending in Japan, unit president Douglas Feagin says.

The HKMA has been made aware of entities purporting to have been selected to participate in its e-HKD pilot programme, and has reported matter to the police.

Hong Kong’s Global Shipping Business Network has finished a prototype of its first electronic bill of lading in collaboration with Ant Group’s ZAN blockchain unit.

After cutting costs by about 20 per cent throughout 2023, Hex Trust sees the cryptocurrency market’s revival ‘directly translating into profitability’ for the company.

Mainland cryptocurrency investors made US$1.15 billion in 2023 to rank fourth behind those in the US, the UK and Vietnam, according to a Chainalysis survey.

The Securities and Futures Commission has warned investors about trading on Bybit, which is under scrutiny for offering suspicious virtual-asset products in Hong Kong.

Chainlink will host its annual SmartCon in Hong Kong this October, an announcement that comes after CoinDesk said it is bringing Consensus to the city next year.

The US tech giant’s latest initiative shows that it remains committed to boosting capital spending in the world’s largest smartphone market, despite sluggish iPhone sales.

The 2025 Consensus, one of the world’s biggest cryptocurrency-themed conferences, will be held in Hong Kong as the city’s government woos global virtual asset businesses in an effort to become a hub.

Shenzhen’s municipal government plans to boost the number of its native apps built on HarmonyOS and push for their adoption across major sectors, including education, healthcare, banking, transport and welfare.

The increased interest in bitcoin reflects how a community of cryptocurrency enthusiasts on the mainland continues to thrive, despite a sweeping government ban.

China grants licences to more than 100 new domestic titles, giving the industry another confidence boost after a video-game-related stock rout in December.

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Alibaba chairman Joe Tsai says e-commerce giant is poised to bounce back as restructuring process helps company improve competitiveness and customer service.

The government will submit a bill on licensing rules for stablecoin issuers and OTC trading services to the legislature ‘as soon as practicable’, says the city’s financial affairs chief.

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