Advertisement
Advertisement
-
Business /

Companies

Related Topics:
Banking & finance
Automotive industry
Industrials
Luxury & Gaming
Transport and logistics
A post from WeChat said user complaints prompted it to block links from the chatbot’s campaign. Photo: Shutterstock
Tencent

Tencent’s giveaway campaign for AI chatbot Yuanbao blocked – by WeChat

Units clash as super app blocks links from AI chatbot’s US$144 million promotion for ‘impacting user experience and causing harassment’.

Artificial intelligence

Chinese AI firms defend safety practices, push back on Western criticism

Hong Kong property

Hong Kong developer SHKP’s executive director resigns on health grounds

Semiconductors

Mainland memory firms eye Hong Kong for funds to fuel ‘global ambitions’

Several suppliers aim to follow in the footsteps of Montage Technology, which is set to raise US$896 million and debuts next week.

Montage Technology expects to raise as much as US$896 million from its Hong Kong initial public offering. Photo: Handout
Montage Technology expects to raise as much as US$896 million from its Hong Kong initial public offering. Photo: Handout
Fintech

HKMA launches quantum readiness and cybersecurity projects for banks in AI era

Banking regulator sets fintech road map with quantum index and measures to boost security, data quality and skills.

Artificial intelligence

Funding surge powers Chinese robotics firms as focus shifts to humanoid ‘brains’

State-backed funds, Big Tech drive fresh capital into robotics companies, betting on operating systems that underpin humanoid intelligence.

Advertisement
Advertisement
Advertisement
China airliners

How a regulatory change could help China’s C919 jet take on Airbus and Boeing

Chinese regulators have opened the door to letting the C919 use narrow runways, which could boost the plane’s prospects in Southeast Asia.

videocam
6
A C919 passenger jet performs a fly-by at the Singapore Airshow in 2024. Photo: Xinhua
A C919 passenger jet performs a fly-by at the Singapore Airshow in 2024. Photo: Xinhua
Artificial intelligence

Compact AI model from China’s StepFun outshines rivals from DeepSeek, Moonshot

StepFun says its lightweight model Step 3.5 Flash aims to redefine efficiency and reasoning in China’s growing AI race.

Macau

Uber enters first Asian market in years with Macau relaunch

Riders can hail taxis in the gambling hub, or reserve limo service to and from Hong Kong, via the Uber app from Tuesday.

Hong Kong stock market

Chinese energy drink maker Eastroc’s shares debut flat in Hong Kong

Eastroc, which raised US$1.3 billion in city’s biggest IPO so far this year, draws strong retail demand amid heightened regulatory scrutiny.

Eastroc’s IPO attracted 16 cornerstone investors, who subscribed to about 49 per cent of the offer. Photo: Handout
Artificial intelligence

‘Value for money’: OpenClaw picks Chinese AI models for cost edge over US rivals

OpenClaw adds Moonshot AI’s Kimi and MiniMax as Chinese open-source AI models gain global appeal for cost and performance.

Chinese open-source AI models, including Moonshot AI’s Kimi, are known for their competitive pricing. Photo: Shutterstock
Chinese open-source AI models, including Moonshot AI’s Kimi, are known for their competitive pricing. Photo: Shutterstock
Artificial intelligence

Red packet rumble: will Tencent’s cash giveaway work again in crowded AI market?

Analysts say strong competition from ByteDance, DeepSeek, Ant Group and Alibaba may prevent Tencent’s Yuanbao from repeating WeChat glory.

Robotics

When a robot topples: China’s Xpeng deals with fallout from humanoid’s plunge

CEO draws parallel to toddlers learning to walk before they run, after Iron’s loss of balance becomes viral fodder.

Artificial intelligence

Alibaba’s Qwen ramps up AI app race with Spring Festival giveaway blitz

Alibaba unveils US$432 million campaign to push mass-market adoption of its AI as rivalry with Tencent, Baidu and ByteDance intensifies.

Alibaba’s Spring Festival campaign will be launched across its ecosystem that includes shopping platform Taobao and on-demand retail and food-delivery service Shangou. Photo: Simon Song
Electric & new energy vehicles

Chinese EV makers’ shares skid as sales slide after tax incentive ends

Shares in Hong Kong-listed BYD, Xpeng, Li Auto and Nio plummet as tepid January sales underline pessimistic forecasts for the year.

BYD EVs proceed through assembly at a plant in Zhengzhou, in central China’s Henan Province, on November 14, 2025. Photo: Xinhua
BYD EVs proceed through assembly at a plant in Zhengzhou, in central China’s Henan Province, on November 14, 2025. Photo: Xinhua
Artificial intelligence

China’s AI labs race to debut latest models before Lunar New Year

More firms expected to follow Alibaba and Moonshot with model releases, as the festival becomes a key period to establish visibility.

IPO

Hong Kong back in global IPO spotlight after strongest January in years

IPO pipeline swelled in January, with listing applications tripling year on year and proceeds reaching their second highest level on record.

Advertisement
Advertisement
Advertisement
Semiconductors

Nvidia’s Jensen Huang urges TSMC to expand capacity amid AI chip crunch

Taiwan trip highlights supply chain strains, with Huang saying Nvidia alone could potentially require TSMC to more than double its capacity.

TSMC is doing an incredible job, says Nvidia CEO Jensen Huang, right, who is seen with TSMC CEO C C Wei in Taiwan. Photo: Reuters
TSMC is doing an incredible job, says Nvidia CEO Jensen Huang, right, who is seen with TSMC CEO C C Wei in Taiwan. Photo: Reuters
Hong Kong property

SHKP posts another Sierra Sea sell-out as Hong Kong property rebound strengthens

Fifth consecutive sell-out at Sai Sha development shows recovery gathering pace, with analysts forecasting further price increases ahead.

International Property

Chinese firms are scoping out overseas property. What is catching their eye?

With residential development on the wane, Chinese firms are investing in smart city, logistics and new energy projects, Knight Frank says.

Robotics

‘Optimus chain’: Chinese suppliers form backbone of Tesla’s humanoid robot plans

Tesla’s pivot to producing humanoid robots is expected to engage a network of key Chinese component makers.

videocam
8
Tesla’s Optimus humanoid robot is seen on display at a company showroom in Phoenix, Arizona. Photo: Shutterstock
Sweden

Multinationals race into China’s US$143.9 billion instant retail market

Ikea, Continental and Aldi Nord enlist local partners to launch faster, more comprehensive delivery services than they offer abroad.

Meituan delivery riders gather during a break in a commercial district in Chongqing, China, on November 21, 2025. Photo: Getty Images
Meituan delivery riders gather during a break in a commercial district in Chongqing, China, on November 21, 2025. Photo: Getty Images
Pop Mart

Labubu toymaker Pop Mart picks London as European headquarters in overseas push

CEO Wang Ning reveals firm’s latest expansion plan at Friday’s closed-door meeting with UK Prime Minister Keir Starmer.

E-commerce

China slaps US$3.7 million fine on Kuaishou for live-streaming e-commerce breach

The penalty reflects a broader regulatory crackdown on content and operations deemed undesirable or harmful on Chinese online platforms.

Semiconductors

China’s Wingtech, owner of Nexperia, expects wider loss amid row over chipmaker

Wingtech projects a loss of up to US$1.9 billion in 2025, owing to the Dutch government’s takeover of Nexperia.

Wingtech Technology continues its legal battle to regain control of Dutch chipmaker Nexperia. Photo: Shutterstock
Help preserve 120 years of quality journalism.
SUPPORT NOW