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There is strong capital interest in Chinese chipmakers amid Beijing’s push for semiconductor self-reliance. Photo: Shutterstock
Semiconductors

Iluvatar CoreX targets Nvidia’s Rubin with GPU road map amid China chip push

Chinese chip designer outlines a multi-year GPU plan to outperform Nvidia’s next-generation Rubin platform within two years.

China manufacturing

Over 70% of European firms in China review supply chain strategies: survey

Biomedicine: Industry Trends

China could approve first AI-designed drug next year, Merck executive says

Artificial intelligence

China’s Alibaba, Moonshot claim latest AI models challenge OpenAI, Google

Alibaba says Qwen3-Max-Thinking is its ‘best model so far’, while Moonshot calls Kimi K2.5 the world’s most powerful open-source model.

The new models mark the first major Chinese releases this year. Photo: Shutterstock
The new models mark the first major Chinese releases this year. Photo: Shutterstock
Artificial intelligence

China’s Baidu merges key app businesses to drive consumer AI push

Merger of Wenku and Wangpan into a new AI unit comes as tech firms race to turn their services and apps into the next ‘super app’.

Artificial intelligence

Alibaba’s Qwen-3 becomes one of world’s first AI models to operate in orbit

The entire Qwen-3 process – from uploading queries to on-orbit inference and sending results back to Earth – took less than two minutes.

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Mergers & Acquisitions

China’s Anta snags Puma from France’s Pinault family in US$1.8 billion deal

China’s largest sportswear firm is acquiring 29 per cent to become Puma’s biggest shareholder while strengthening its global expansion.

The acquisition of Puma will accelerate Anta’s multi-brand globalisation strategy, according to the Chinese sportswear brand. Photo: Reuters
The acquisition of Puma will accelerate Anta’s multi-brand globalisation strategy, according to the Chinese sportswear brand. Photo: Reuters
Electric & new energy vehicles

Xpeng targets overseas sales surge in 2026 as China EV battle goes global

Guangzhou-based EV maker targets more than 90,000 overseas deliveries this year amid fierce competition at home.

Automotive industry

China’s Sinochem ‘has proposed a solution’ to end Pirelli governance dispute

The Italian government is moving to limit Sinochem’s influence over Pirelli in ⁠a bid to ease the tyre maker’s US expansion.

Artificial intelligence

How China’s AI video generator Kling challenges Google’s Veo, OpenAI’s Sora

With Kuaishou’s tool headed for US$240 million in annual revenue, the firm is one of the world’s most undervalued AI stocks, JPMorgan says.

Kling’s motion control feature, which easily lets puppies or any characters dance, fuelled viral trends. Photo: Handout
Robotics

Chinese tech giants Tencent and Baidu join fight for Spring Festival spotlight

The two companies launch digital red packet campaigns following tie-up moves by ByteDance and Alibaba with CCTV’s Spring Festival Gala.

The Spring Festival Gala has become one of the most important promotional platforms for tech giants. Photo: Handout
The Spring Festival Gala has become one of the most important promotional platforms for tech giants. Photo: Handout
Robotics

China’s Eyou opens world’s first automated line for humanoid robot joints

Manufacturer adds line in anticipation of surge in global demand for humanoid robots, with one estimate projecting 100,000 shipments by 2027.

Insurance

AXA becomes second insurer to redomicile from Bermuda to Hong Kong

At least three other local insurers, including local unit of Canada’s insurer Sun Life, are planning the same move, industry players say.

Electric & new energy vehicles

Chinese carmaker BYD chases 24% export growth with new models, more showrooms

Shenzhen-based company expects to sell 1.3 million cars this year outside mainland China.

Cars unloaded from the ship BYD Changzhou await further movement at a port in Argentina on January 19, 2026. Photo: AFP
Banking & finance

Exclusive | Singapore Exchange hints at deeper ties with HKEX: can yuan business open doors?

SGX CEO also hopes to launch an international board with Nasdaq later this year and expand cross-trading schemes with mainland China.

Loh Boon Chye says connectivity is the new architecture for capital markets. Photo: Enoch Yiu
Loh Boon Chye says connectivity is the new architecture for capital markets. Photo: Enoch Yiu
Electric & new energy vehicles

Xiaomi’s SU7 becomes China’s first Tesla killer, outselling the Model 3

Tesla’s grip on China’s premium sedan segment has loosened, as a bruising price war reshapes the EV landscape.

Hong Kong property

Hong Kong homebuyers keep up demand as new launches draw brisk sales

Two-thirds of Park Seasons’ latest batch sold by midafternoon on Saturday, while Kabitat Tin Hau sold out a day earlier.

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Semiconductors

Alibaba, Baidu’s IPO plans for AI chip units bolster China’s self-reliance drive

Alibaba’s T-Head and Baidu’s Kunlunxin intensify competition to unseat Nvidia as China’s top supplier of high-performance AI chips.

Alibaba Group Holding’s chip design unit, T-Head, is said to be preparing to go public. Photo: Shutterstock
Alibaba Group Holding’s chip design unit, T-Head, is said to be preparing to go public. Photo: Shutterstock
China travel

China’s Trip.com probe targets algorithms, prices after vendor anger: analysts

Regulators accuse one of the world’s biggest travel platforms of abusing market power, with analysts warning of wider industry scrutiny.

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TikTok

TikTok US joint venture seen resembling Apple’s China iCloud deal

ByteDance retains algorithms and intellectual property rights and remains the largest single shareholder of the new joint venture.

Artificial intelligence

Computing constraints force China’s Zhipu to restrict AI coding service sign-ups

The issue reflects the challenge faced by Chinese AI firms to expand their businesses amid computing infrastructure constraints.

Zhipu AI’s GLM Coding Plan service was launched in September. Photo: Shutterstock
Mainland China

China’s rocket start-ups push the envelope as IPOs gather pace

A policy-backed push to build commercial space champions is reshaping China’s IPO pipeline, with regulators signalling faster pathways.

A Zhuque-3 rocket by China’s private rocket firm LandSpace takes off from the Jiuquan Satellite Launch Centre. Photo: Handout
A Zhuque-3 rocket by China’s private rocket firm LandSpace takes off from the Jiuquan Satellite Launch Centre. Photo: Handout
China stock market

Labubu maker Pop Mart rallies as new toy, state media spotlight spark confidence

Pop Mart CEO’s rare state media remarks and a hit collectible boost shares as China’s consumer stocks gain momentum.

Electric & new energy vehicles

Major foreign carmakers set to stage a comeback in China this year: analysts

Foreign carmakers ‘will fight back because they will have the same products’ as their Chinese rivals, consultancy head Denis Depoux says.

Banking & finance

Global funds, from BlackRock to Temasek, back China’s largest biotech firms

Global institutional investors have built up sizeable positions in firms including Innovent, 3SBio, WuXi Biologics, Jiangsu Hengrui, Akeso and BeOne.

Global investors have reaped sizeable rewards from their investments in Hong Kong-listed biotech and pharmaceutical companies in the past year. Photo: Shutterstock
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