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The Next Big Thingi

The Next Big Thing can start with a small but smart idea. The SCMP technology team writes about start-ups, innovation and how technology affects our daily life. We focus on companies and people like Apple, Xiaomi and Jack Ma. Join the conversations on Twitter#scmpNBT.

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  • A group of professors at the Chinese University of Hong Kong (CUHK) nurtured a start-up into the world’s largest AI unicorn in seven years
  • SenseTime appointed HSBC and CICC to lead a Hong Kong stock offer estimated at US$2 billion

The Indonesian unicorn is likely to attract sovereign wealth funds and global financial institutions with a final round of fundraising to anchor what is likely to be Jakarta’s largest ever initial public offering later this year.

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The shroud over peer-to-peer lending firms has fallen, and China’s banking regulator says all such platforms across the country have ceased operations – but countless billions are already feared lost.

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Beijing start-up develops AI algorithm to determine how prone the VR participant is to drug use by tracking their pulse, brainwaves and electrical conductance of the skin

Police in Beijing, Shanghai and Chongqing have run trials of software that can identify a person from 50 metres away – even if they have their face covered or back to a camera.

Shenzhen’s supply chain, logistics support and speed are some of the reasons Chinese entrepreneur Zhe Zhang is choosing to bring his tech dream home.

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With big data holding the key to global prosperity, Hong Kong’s smart city blueprint can be best realised by a data-sharing platform for the government, public and private entities, and mobile apps.

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Can Shenzhen, the former boomtown in southern China’s Guangdong province known for its pioneering economic reforms, remain the “world’s factory” for global technology start-up firms?