CEO Jensen Huang speaks during the keynote address of Nvidia GTC in San Jose, California, on March 18, 2024. Photo: AP

Nvidia unveils new AI ‘superchip’ line-up Blackwell, succeeding dominant H100

The new Blackwell chips are made up of 208 billion transistors and will be able to link with other chips, making them much faster at handling AI models.

9 minutes ago

Hong Kong stocks slip on weak Chinese corporate earnings

Wuxi Apptech, Wuxi Biologics and Xpeng lead decline as fourth-quarter earnings of Chinese companies are trailing those of peers in the rest of Asia, according to Goldman Sachs.

Wuxi Apptech, Wuxi Biologics and Xpeng lead decline as fourth-quarter earnings of Chinese companies are trailing those of peers in the rest of Asia, according to Goldman Sachs.

2 hours ago

South Korea’s Nvidia wannabe to mass produce AI chips with Samsung

Rebellions, a fabless AI chip company co-founded by five South Korean engineers, is viewed as the country’s best hope to rival Nvidia in AI inference.

Rebellions, a fabless AI chip company co-founded by five South Korean engineers, is viewed as the country’s best hope to rival Nvidia in AI inference.

6 hours ago

Hong Kong’s family offices are thriving as study shows efforts are paying off

The number of family offices in Hong Kong may have exceeded those established in major financial centres in the region as efforts in the past year to lure foreign capital started to show results.

The number of family offices in Hong Kong may have exceeded those established in major financial centres in the region as efforts in the past year to lure foreign capital started to show results.

18 Mar 2024 - 8:16PM

Hong Kong cryptocurrency custodian Hex Trust eyes profit, fresh funding in 2024

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.

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.

18 Mar 2024 - 6:00PM

Opinion

The likely impact of the US lender’s collapse is that China’s tech elite will look to banks in Hong Kong, Singapore and even Europe.

14 Mar 2023 - 7:28AM
15 Feb 2023 - 1:46AM
30 Jan 2023 - 4:15PM

MORE STORIES

Screens showing the index and stock prices outside Hong Kong Exchange Square (HKEX) in Central. Photo: Sun Yeung

Hong Kong stocks rebound amid policy easing hopes as China data sparks doubts

Hong Kong stocks recovered from a weak start after China’s economic data triggers hopes of more policy easing in the world’s second-largest economy.

18 Mar 2024 - 4:44PM

exclusive | Gaw Capital bets on Vietnam, Mexico and US opportunities to offset China woes

Gaw Capital Partners, one of Hong Kong’s biggest real estate private-fund management firms, is focusing on logistics in Vietnam and Mexico, as well as the AI sector bailing out distressed office assets in the US, amid challenges to an economic recovery in mainland China.

Gaw Capital Partners, one of Hong Kong’s biggest real estate private-fund management firms, is focusing on logistics in Vietnam and Mexico, as well as the AI sector bailing out distressed office assets in the US, amid challenges to an economic recovery in mainland China.

18 Mar 2024 - 11:24AM

Japanese firms make the most of Hong Kong’s low rents, snap up retail spaces

Over the past two years, Japanese businesses have been the most active among foreign firms in terms of leasing retail spaces in Hong Kong, according to data compiled by JLL.

Over the past two years, Japanese businesses have been the most active among foreign firms in terms of leasing retail spaces in Hong Kong, according to data compiled by JLL.

18 Mar 2024 - 8:42AM

Xpeng eyes slice of mass-market segment with launch of cheaper models

The global automotive industry is making a “strategic transformation” towards electrification, said Gou Ping, vice-chairman of the State-owned Assets Supervision and Administration Commission.

The global automotive industry is making a “strategic transformation” towards electrification, said Gou Ping, vice-chairman of the State-owned Assets Supervision and Administration Commission.

17 Mar 2024 - 8:48PM

Hong Kong family offices turn to India, now a ‘prime’ investment destination

Analysts consider India a promising growth story, with significant economic expansion and an influx of capital into equities and fixed income.

Analysts consider India a promising growth story, with significant economic expansion and an influx of capital into equities and fixed income.

17 Mar 2024 - 11:30AM

Gotion sues Michigan town over water dispute to US$2.4 billion plant

Carmakers have been racing to source more battery and component production in America since the Biden administration’s 2022 Inflation Reduction Act, which required local sourcing to qualify for tax credits.

Carmakers have been racing to source more battery and component production in America since the Biden administration’s 2022 Inflation Reduction Act, which required local sourcing to qualify for tax credits.

17 Mar 2024 - 10:49AM

Selfie app Meitu finds its footing with AI after a raft of failed bets

The Chinese company, which tripled its profits in 2023, ailed the success of its new-found focus on AI after a series of misfired bets ranging from cryptocurrencies to smartphones.

The Chinese company, which tripled its profits in 2023, ailed the success of its new-found focus on AI after a series of misfired bets ranging from cryptocurrencies to smartphones.

16 Mar 2024 - 6:30PM

Can ByteDance have its TikTok cake and eat it too?

Caught between demands from Washington and Beijing, ByteDance has chosen the route of resistance in the US.

Caught between demands from Washington and Beijing, ByteDance has chosen the route of resistance in the US.

16 Mar 2024 - 10:49AM

Hong Kong securities watchdog places major crypto exchange Bybit on alert list

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.

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.

16 Mar 2024 - 7:11AM

Fosun unit courts investors days after reports of debt woes at parent firm

Fosun Tourism Group, the leisure and tourism unit of Chinese conglomerate Fosun International, is courting both domestic and international investors in a move that is in line with its asset-light strategy.

Fosun Tourism Group, the leisure and tourism unit of Chinese conglomerate Fosun International, is courting both domestic and international investors in a move that is in line with its asset-light strategy.

15 Mar 2024 - 8:15PM

Fine in Italy, security review in Canada add to TikTok’s woes

Italian regulators have fined TikTok nearly US$11 million for failing to protect children, while the Canadian government is reviewing TikTok’s expansion plan for national security risks.

Italian regulators have fined TikTok nearly US$11 million for failing to protect children, while the Canadian government is reviewing TikTok’s expansion plan for national security risks.

15 Mar 2024 - 3:33PM

Apple buys AI start-up after being caught flat-footed by ChatGPT

One of DarwinAI’s core technologies is making artificial intelligence systems smaller and faster, which could help Apple run AI on devices.

One of DarwinAI’s core technologies is making artificial intelligence systems smaller and faster, which could help Apple run AI on devices.

15 Mar 2024 - 10:44AM

Nio working with CATL to develop batteries with longer lifespans

The two companies aim to churn out EV batteries that can last for as long as 15 years, nearly double the current average lifespan, which could help EV users save tens of thousands of yuan, they say.

The two companies aim to churn out EV batteries that can last for as long as 15 years, nearly double the current average lifespan, which could help EV users save tens of thousands of yuan, they say.

15 Mar 2024 - 7:00AM

Wheelock prices Seasons Place project at 5-year low for Tseung Kwan O

Hong Kong developer Wheelock Properties has priced a first batch of 130 units at its Seasons Place residential project in Tseung Kwan O at a five-year low for the district.

Hong Kong developer Wheelock Properties has priced a first batch of 130 units at its Seasons Place residential project in Tseung Kwan O at a five-year low for the district.

14 Mar 2024 - 7:51PM

Chinese drugs giant, Shenzhen team up to invest in city’s biomedical start-ups

Fosun Pharma will team up with Shenzhen’s government to raise a 5-billion yuan (US$700 million) healthcare fund to invest in start-ups and innovations in cellular biology, genetics and other fields related to biomedicine.

Fosun Pharma will team up with Shenzhen’s government to raise a 5-billion yuan (US$700 million) healthcare fund to invest in start-ups and innovations in cellular biology, genetics and other fields related to biomedicine.

14 Mar 2024 - 7:00PM