https://www.scmp.com/rss/502175/feed Latest news and updates on Kuaishou. Founded in 2012 as a site to share gifs, Kuaishou is now one of the leading short-video platforms. With almost 300 million daily active users as of January 2020, Kuaishou is trying to turn a profit with livestreaming e-commerce. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Iris Deng Iris Deng Kuaishou Technology’s shares jumped as much as 10 per cent on Tuesday morning after reports that the Chinese short-video platform was raising new funding for its Kling AI unit at a valuation of US$20 billion. Kuaishou – often seen as a rival to ByteDance-owned Douyin in China – plans to spin off its video generation service, according to a report by Chinese technology news outlet The LatePost on Monday, citing anonymous sources. The company is in talks with potential investors, including Tencent... https://www.scmp.com/tech/article/3353214/kuaishou-stock-surges-reports-kling-ai-unit-spin?utm_source=rss_feed https://www.scmp.com/tech/article/3353214/kuaishou-stock-surges-reports-kling-ai-unit-spin?utm_source=rss_feed Tue, 12 May 2026 03:04:15 +0000 Yeon Woo Lee Yeon Woo Lee Vigloo, a South Korean micro drama production company, has gone all-in on artificial intelligence this year, betting that automation can fundamentally reshape how content is made. The company has begun spending roughly 30 per cent of its budget on AI-driven workflows, and the change is already having a dramatic impact. It can now produce a show in just one month rather than three, and at one-fifth of the cost. That is not only allowing Vigloo to release far more shows, but also to experiment... https://www.scmp.com/economy/china-economy/article/3352019/how-china-using-ai-and-state-funding-transform-micro-drama-industry?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3352019/how-china-using-ai-and-state-funding-transform-micro-drama-industry?utm_source=rss_feed Fri, 01 May 2026 06:00:12 +0000 Xinmei Shen Xinmei Shen Artificial intelligence investments by US tech giants continue to soar, dwarfing those of Chinese AI firms, but China’s rising appetite for AI applications will compel its tech companies to increase their AI spending this year, according to analysts. The largest US tech companies are on track for more than US$700 billion in AI capital expenditures this year, driven in part by rising memory costs and continuously growing demand for AI applications. Google and Microsoft on Thursday both said that... https://www.scmp.com/tech/big-tech/article/3352068/chinese-firms-face-pressure-ai-investments-us-peers-spending-keeps-soaring?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3352068/chinese-firms-face-pressure-ai-investments-us-peers-spending-keeps-soaring?utm_source=rss_feed Thu, 30 Apr 2026 14:30:09 +0000 Ben Jiang Ben Jiang A new video generation model quietly unveiled by Chinese tech giant Alibaba Group Holding has overtaken Seedance 2.0, ByteDance’s most advanced model, as the world’s top-ranked artificial intelligence video tool based on an evaluation by a benchmark site, offering a glimpse into the AI talent race as the market heats up. The HappyHorse 1.0 model, which was still under internal beta testing, was developed by the Innovation Business Unit under the e-commerce giant’s newly formed Alibaba Token Hub... https://www.scmp.com/tech/tech-trends/article/3349662/alibabas-happyhorse-tops-seedance-offering-glimpse-chinas-race-ai-talent?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3349662/alibabas-happyhorse-tops-seedance-offering-glimpse-chinas-race-ai-talent?utm_source=rss_feed Fri, 10 Apr 2026 12:30:14 +0000 Yulu Ao Yulu Ao Chinese e-commerce major JD.com has priced a 10 billion yuan (US$1.5 billion) dual-tranche offshore bond offering, as issuers from mainland China return to the currency amid improving funding conditions. The Beijing-based e-commerce giant said in a filing to the Hong Kong stock exchange on Thursday that the dim sum bond – yuan-denominated notes issued outside the mainland – comprises 7.5 billion yuan of five-year senior unsecured notes carrying a 2.05 per cent coupon, and 2.5 billion yuan of... https://www.scmp.com/business/china-business/article/3348747/chinas-jdcom-returns-dim-sum-bond-market-10b-yuan-offering?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3348747/chinas-jdcom-returns-dim-sum-bond-market-10b-yuan-offering?utm_source=rss_feed Thu, 02 Apr 2026 04:30:09 +0000 Ben Jiang Ben Jiang Shares of Chinese short-video platform Kuaishou fell more than 13 per cent to HK$45.96 by midday in Hong Kong on Thursday, a day after reporting strong sales growth, as analysts warned that its core advertising and live-streaming businesses could face mounting pressure this year. The sharp decline reflected investor concerns over a cautious growth outlook for the Beijing-based firm, compounded by its heavy spending on artificial intelligence, according to Zhang Xueru, an analyst at investment... https://www.scmp.com/tech/article/3347951/chinas-kuaishou-slumps-analysts-flag-growth-pressure-despite-strong-results?utm_source=rss_feed https://www.scmp.com/tech/article/3347951/chinas-kuaishou-slumps-analysts-flag-growth-pressure-despite-strong-results?utm_source=rss_feed Thu, 26 Mar 2026 05:28:50 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Tuesday, tracking Wall Street’s losses, as renewed concerns about the artificial intelligence race weighed on sentiment, while mainland markets rallied on the first trading day in the Year of the Horse. The Hang Seng Index dropped 1.8 per cent to 26,590.32 at the close of trading, paring some of the 2.5 per cent gain recorded on Monday. The Hang Seng Tech Index fell 2.1 per cent. On the mainland, the CSI 300 Index rose 1 per cent while the Shanghai Composite Index jumped... https://www.scmp.com/business/china-business/article/3344393/hong-kong-stocks-retreat-ai-worries-china-markets-rally-year-horse?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3344393/hong-kong-stocks-retreat-ai-worries-china-markets-rally-year-horse?utm_source=rss_feed Tue, 24 Feb 2026 01:58:23 +0000 Vincent Chow Vincent Chow Chinese artificial intelligence company Zhipu AI’s shares fell nearly 23 per cent on Monday, wiping out more than HK$70 billion (US$9 billion) in market capitalisation as concerns mount over the Hong Kong-listed firm’s computing resources constraints. The stock slump came as Zhipu issued public calls last week to partner with computing resources providers globally, as user complaints about service quality continue to dog the firm despite frenzied investor interest in recent weeks. The shares... https://www.scmp.com/tech/tech-trends/article/3344344/chinese-ai-firm-zhipus-shares-tumble-nearly-23-computing-woes-user-complaints?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3344344/chinese-ai-firm-zhipus-shares-tumble-nearly-23-computing-woes-user-complaints?utm_source=rss_feed Mon, 23 Feb 2026 10:30:07 +0000 Yulu Ao Yulu Ao Hong Kong stocks jumped on Monday, as investors bet the latest adjustment to US tariffs would ease pressure on Chinese exports after a Supreme Court ruling prompted a reshuffling of trade measures. The Hang Seng Index surged 2.5 per cent to 27,081.91 at the close, the biggest gain since January 28. The Hang Seng Tech Index jumped 3.3 per cent, the best increase since January 2. Mainland China’s bourses, which have been closed for Lunar New Year, will reopen on Tuesday. Food-delivery service... https://www.scmp.com/business/china-business/article/3344285/hong-kong-stocks-jump-amid-flight-us-assets-after-latest-trump-tariff-threat?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3344285/hong-kong-stocks-jump-amid-flight-us-assets-after-latest-trump-tariff-threat?utm_source=rss_feed Mon, 23 Feb 2026 01:59:17 +0000 Wency Chen,Vincent Chow Wency Chen,Vincent Chow China’s leading humanoid robotics companies dominated the opening of this year’s Spring Festival Gala, the annual variety spectacle staged by state broadcaster CCTV that offers a rare nationwide marketing platform akin to the US Super Bowl, highlighting the central role of the industry in Beijing’s industrial policy. Four robotics firms – Hangzhou-based Unitree, Wuxi-based Magiclab, Beijing-based Galbot and Noetix – had announced partnerships with this year’s gala in deals said to be valued at... https://www.scmp.com/tech/big-tech/article/3343634/chinas-tech-companies-vie-attention-cctvs-festival-gala-years-biggest-stage?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3343634/chinas-tech-companies-vie-attention-cctvs-festival-gala-years-biggest-stage?utm_source=rss_feed Sun, 15 Feb 2026 22:00:15 +0000 Yulu Ao Yulu Ao Hong Kong’s offshore yuan bond market is set for another strong year – as the yuan climbed to its strongest level in nearly three years – prompting bankers to forecast more deals in 2026. The city’s dim sum bond market, yuan-denominated notes issued outside mainland China, had evolved from a niche funding channel into a more mainstream financing option, as technology firms and global companies accessed a deeper pool of renminbi liquidity amid a firmer currency, bankers said. They added that the... https://www.scmp.com/business/china-business/article/3343282/yuan-rally-puts-fresh-steam-hong-kongs-dim-sum-bond-revival?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3343282/yuan-rally-puts-fresh-steam-hong-kongs-dim-sum-bond-revival?utm_source=rss_feed Thu, 12 Feb 2026 11:00:09 +0000 Ben Jiang Ben Jiang TikTok parent ByteDance’s pre-release of its latest artificial intelligence video model, Seedance 2.0, over the weekend has sent ripples across the tech and video production sectors as competition among Chinese tech titans’ AI apps intensifies. The model – still in beta and available to select users of Jimeng AI, ByteDance’s AI video platform – delivered enhanced lifelike video outputs that blurred the boundary between AI content and reality, offered smoother camera movement and improved visual... https://www.scmp.com/tech/article/3342932/bytedances-new-model-sparks-stock-rally-chinas-ai-video-battle-escalates?utm_source=rss_feed https://www.scmp.com/tech/article/3342932/bytedances-new-model-sparks-stock-rally-chinas-ai-video-battle-escalates?utm_source=rss_feed Mon, 09 Feb 2026 10:30:11 +0000 Iris Deng Iris Deng China’s internet watchdog has fined Kuaishou Technology 119.1 million yuan (US$17 million) for hosting explicit live-streaming content, just days after the operator of the country’s second-largest short-video platform was penalised over e-commerce violations. Beijing’s Cyberspace Administration launched an investigation following reports of a surge in pornographic and vulgar streams. The probe found the platform had failed to meet its cybersecurity obligations, fix system vulnerabilities in... https://www.scmp.com/business/article/3342690/watchdog-slaps-chinas-kuaishou-us17-million-fine-after-explicit-content-probe?utm_source=rss_feed https://www.scmp.com/business/article/3342690/watchdog-slaps-chinas-kuaishou-us17-million-fine-after-explicit-content-probe?utm_source=rss_feed Fri, 06 Feb 2026 10:55:10 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Friday, losing ground for the week, as a sell-off in technology stocks continued and dropping prices for gold, silver and cryptocurrencies rattled investors. The Hang Seng Index lost 1.2 per cent to 26,559.95, marking a 3 per cent weekly loss. The Hang Seng Tech Index lost 1.1 per cent. On the mainland, the CSI 300 Index fell 0.6 per cent and the Shanghai Composite Index slipped 0.3 per cent. Technology heavyweights led losses. Search-engine operator Baidu dropped 2.2... https://www.scmp.com/business/china-business/article/3342582/hong-kong-stocks-plunge-led-mainland-tech-firms-amid-global-sell-gold-crypto?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3342582/hong-kong-stocks-plunge-led-mainland-tech-firms-amid-global-sell-gold-crypto?utm_source=rss_feed Fri, 06 Feb 2026 02:08:07 +0000 Yulu Ao Yulu Ao Hong Kong stocks edged up on Thursday, as robust southbound inflows overcame losses in technology shares driven by valuation and AI-related concerns. The Hang Seng Index ended 0.1 per cent higher at 26,885.24 as of the close of trading, after dropping as much as 1.6 per cent. The Hang Seng Tech Index gained 0.7 per cent. On the mainland, both the CSI 300 Index and the Shanghai Composite Index lost 0.6 per cent. Search-engine operator Baidu rose 2.7 per cent to HK$140.90 after unveiling a US$5... https://www.scmp.com/business/china-business/article/3342440/alibaba-kuaishou-smic-drop-hong-kong-tech-stock-sell-ai-fears-grip?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3342440/alibaba-kuaishou-smic-drop-hong-kong-tech-stock-sell-ai-fears-grip?utm_source=rss_feed Thu, 05 Feb 2026 02:13:15 +0000 Yulu Ao Yulu Ao Hong Kong stocks edged up on Wednesday, recovering from tech-led losses in the morning, as gains in mainland solar companies and easing concerns over a broad value-added tax (VAT) hike helped lift sentiment. The Hang Seng Index rose 0.1 per cent to 26,847.32 at the close of trading, after falling as much as 0.9 per cent earlier. The Hang Seng Tech Index fell 1.8 per cent. On the mainland, the CSI 300 Index gained 0.8 per cent while the Shanghai Composite Index added 0.9 per cent. Power-tool... https://www.scmp.com/business/china-business/article/3342300/hong-kong-stocks-slip-tax-worries-weigh-tech-mainland-stock-sentiment?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3342300/hong-kong-stocks-slip-tax-worries-weigh-tech-mainland-stock-sentiment?utm_source=rss_feed Wed, 04 Feb 2026 01:52:34 +0000 Ben Jiang Ben Jiang Chinese regulators have slapped a 26 million yuan (US$3.7 million) fine on a unit of Kuaishou Technology, operator of the country’s No 2 short video platform, over multiple violations and misconduct in its live-streaming e-commerce operations, signalling tighter oversight of this market segment. Chengdu Kuaigou Technology, a unit of Beijing-based Kuaishou, was found to have committed seven breaches including failure to disclose information in accordance with the law, charging unreasonable fees... https://www.scmp.com/tech/policy/article/3341936/china-slaps-us37-million-fine-kuaishou-over-live-streaming-e-commerce-violation?utm_source=rss_feed https://www.scmp.com/tech/policy/article/3341936/china-slaps-us37-million-fine-kuaishou-over-live-streaming-e-commerce-violation?utm_source=rss_feed Sat, 31 Jan 2026 07:39:43 +0000 Yulu Ao Yulu Ao Hong Kong stocks retreated on Friday, ending a seven-day rally, as investors locked in profits on the final trading day in January after a sharp month-long surge. Investors were also cautious ahead of an announcement on the US Federal Reserve’s next chair. The Hang Seng Index fell 2.1 per cent to 27,387.11 at the close, pulling back from a multi-year high on Thursday. The benchmark climbed 6.8 per cent this month, its strongest performance since September 2025, when it finished 7.1 per cent... https://www.scmp.com/business/china-business/article/3341753/hong-kong-stocks-end-7-day-rally-investors-resort-profit-taking?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3341753/hong-kong-stocks-end-7-day-rally-investors-resort-profit-taking?utm_source=rss_feed Fri, 30 Jan 2026 02:18:48 +0000 Wency Chen Wency Chen As AI video generation has evolved from a curiosity to a productivity tool embraced by serious creators, the Kling platform developed by China’s Kuaishou has landed firmly in the top tier alongside Google’s Veo and OpenAI’s Sora. Kling has rapidly grown into a meaningful new business line for the company – long a runner-up to TikTok owner ByteDance in China’s short video arena – since its launch in June 2024, reaching about 12 million monthly active users and annual recurring revenue of roughly... https://www.scmp.com/tech/big-tech/article/3341164/ai-video-generation-how-chinas-kling-challenges-googles-veo-openais-sora?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3341164/ai-video-generation-how-chinas-kling-challenges-googles-veo-openais-sora?utm_source=rss_feed Mon, 26 Jan 2026 13:30:10 +0000 Aileen Chuang Aileen Chuang Hong Kong’s local currency and offshore yuan bonds are expected to maintain their growth momentum in 2026, driven by deepened market benchmarks and demand, according to a senior banker. The broader Asian bond market, excluding Japan, has had a busy start to 2026, with high-profile issuances in Hong Kong dollars and offshore yuan leading the way, riding on last year’s record volumes. On Friday, Kuaishou Technology sold a 3.5 billion yuan (US$502 million) five-year note – known as a dim sum bond –... https://www.scmp.com/business/banking-finance/article/3340322/hong-kong-dollar-and-yuan-bonds-forecast-sustain-record-growth-momentum-2026?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3340322/hong-kong-dollar-and-yuan-bonds-forecast-sustain-record-growth-momentum-2026?utm_source=rss_feed Mon, 19 Jan 2026 01:30:14 +0000 Zhang Shidong,Cao Li Zhang Shidong,Cao Li Kuaishou Technology plans to raise a combined US$2 billion from a dual-currency bond sale as the short-video platform operator taps the overseas debt market for the first time to strengthen its businesses. The company would issue a US$1.5 billion tranche and a 3.5 billion yuan (US$502.4 million) tranche, both in Hong Kong, according to an exchange filing on Friday. The dollar bonds maturing in January 2031 will carry a coupon of 4.125 per cent, while those due in January 2036 will carry a 4.75... https://www.scmp.com/business/china-business/article/3340083/hong-kongs-kuaishou-raise-us2-billion-dual-currency-bond-sale?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3340083/hong-kongs-kuaishou-raise-us2-billion-dual-currency-bond-sale?utm_source=rss_feed Fri, 16 Jan 2026 01:57:15 +0000 Ben Jiang Ben Jiang Generative artificial intelligence service Kling AI in December recorded more than US$20 million in sales, which corresponded to an annualised revenue run rate (ARR) of US$240 million, according to Chinese operator Kuaishou Technology. That was more than double Kling AI’s US$100 million ARR in March last year, according to a statement on Tuesday from Bejing-based Kuaishou. ARR is a financial metric used to project a company’s 12-month revenue by extrapolating earnings from a shorter period, like... https://www.scmp.com/tech/tech-trends/article/3339865/video-generation-boom-sees-chinas-kling-ai-post-us240-million-annual-revenue-run-rate?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3339865/video-generation-boom-sees-chinas-kling-ai-post-us240-million-annual-revenue-run-rate?utm_source=rss_feed Wed, 14 Jan 2026 10:15:11 +0000 Cao Li Cao Li Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. The Beijing-based company, which is offering senior unsecured notes in US dollars and Chinese yuan, said on Wednesday that it planned to use the proceeds from the issuance for general corporate purposes. The two offerings were separate and not inter-conditional, meaning each could proceed... https://www.scmp.com/business/companies/article/3339826/chinese-short-video-giant-kuaishou-taps-global-debt-market-us-dollar-yuan-bonds?utm_source=rss_feed https://www.scmp.com/business/companies/article/3339826/chinese-short-video-giant-kuaishou-taps-global-debt-market-us-dollar-yuan-bonds?utm_source=rss_feed Wed, 14 Jan 2026 06:07:41 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Wednesday as investors turned to China’s markets to diversify away from US assets amid rising tensions between the US and Iran. The Hang Seng Index advanced 0.6 per cent to 26,999.81 points at the close of trading after jumping as much as 0.9 per cent to hit 27,097. That added to a 0.9 per cent gain on Tuesday, when the benchmark briefly touched 27,143, its highest since last November. The Hang Seng Tech Index climbed 0.7 per cent. On the mainland, major benchmarks edged... https://www.scmp.com/business/china-business/article/3339802/hong-kong-stocks-edge-higher-investors-hedge-against-middle-east-uncertainty?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3339802/hong-kong-stocks-edge-higher-investors-hedge-against-middle-east-uncertainty?utm_source=rss_feed Wed, 14 Jan 2026 02:15:20 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Wednesday, tracking Wall Street’s rally, as investors grew more confident about earnings growth prospects despite fading expectations for near-term US rate cuts. The Hang Seng Index increased 0.2 per cent to 25,818.93 at the close of trading, erasing the 0.1 per cent loss recorded on Tuesday. The Hang Seng Tech Index climbed 0.4 per cent. On the mainland, the Shanghai Composite Index added 0.5 per cent while the CSI 300 Index lifted 0.3 per cent. Hong Kong’s stock market... https://www.scmp.com/business/china-business/article/3337558/hong-kong-stocks-rise-wall-street-rally-boosts-confidence-earnings-growth?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3337558/hong-kong-stocks-rise-wall-street-rally-boosts-confidence-earnings-growth?utm_source=rss_feed Wed, 24 Dec 2025 02:09:51 +0000 Eunice Xu,Coco Feng Eunice Xu,Coco Feng Short-video platform Kuaishou Technology reported a major cyberattack to the police after a breach on Monday evening allowed explicit content to flood high-traffic live rooms for more than an hour. Kuaishou’s live-streaming services were thrown into chaos at around 10pm when recommended feeds were inundated with explicit material, according to news website Sina. Viewership in some compromised rooms surged past 50,000 before the platform launched an emergency response. By 11.30pm, Kuaishou began... https://www.scmp.com/tech/big-tech/article/3337448/chinas-kuaishou-hit-breach-explicit-content-floods-live-streaming-rooms?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3337448/chinas-kuaishou-hit-breach-explicit-content-floods-live-streaming-rooms?utm_source=rss_feed Tue, 23 Dec 2025 10:00:11 +0000 Yulu Ao Yulu Ao Hong Kong stocks ended lower on Tuesday, reversing early gains, as investors booked profits, offsetting optimism that the rally could extend into next year. The Hang Seng Index closed 0.1 per cent lower at 25,774.14, after rising as much as 0.5 per cent earlier. The Hang Seng Tech Index fell 0.7 per cent. On the mainland, the CSI 300 Index climbed 0.2 per cent and the Shanghai Composite Index gained 0.1 per cent. Technology heavyweights weighed on the index. Short-video sharing platform Kuaishou... https://www.scmp.com/business/china-business/article/3337414/hong-kong-stocks-climb-santa-rally-extends-second-day?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3337414/hong-kong-stocks-climb-santa-rally-extends-second-day?utm_source=rss_feed Tue, 23 Dec 2025 02:39:57 +0000 Ben Jiang Ben Jiang China’s artificial intelligence video market is heating up as companies race to launch generative tools, promising to produce high-quality, realistic clips, fuelled by the growing adoption of AI in video creation across industries. Beijing-based Shengshu Tech, the first mainland Chinese firm to roll out a challenger to OpenAI’s Sora video generation tool, on Tuesday unveiled an AI agent it said was a “one-click professional video creation tool”, capable of turning images into high-quality,... https://www.scmp.com/tech/tech-trends/article/3336628/rapid-advances-chinas-ai-video-space-lead-widespread-tech-adoption?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3336628/rapid-advances-chinas-ai-video-space-lead-widespread-tech-adoption?utm_source=rss_feed Tue, 16 Dec 2025 13:00:10 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks fell by the most in three weeks on Monday after key economic data showed China’s slowdown extended into November, keeping investors on edge over the sustainability of a nearly 30 per cent market rally this year. The Hang Seng Index closed 1.3 per cent lower at 25,628.88, its steepest drop since November 21. The Hang Seng Tech Index slumped 2.5 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both lost 0.6 per cent. Drug makers led the declines as... https://www.scmp.com/business/china-business/article/3336423/hong-kong-stocks-slide-after-chinas-economic-data-shows-growth-running-out-steam?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3336423/hong-kong-stocks-slide-after-chinas-economic-data-shows-growth-running-out-steam?utm_source=rss_feed Mon, 15 Dec 2025 02:33:31 +0000 Yulu Ao Yulu Ao Hong Kong stocks closed higher on Wednesday as investors bet on Beijing’s stimulus measures to shore up the property market and broader economy while waiting for clues on the US Federal Reserve’s policy path next year. The Hang Seng Index rose 0.3 per cent to 25,540.78 at the close of trading after falling as much as 0.7 per cent earlier in the session. The Hang Seng Tech Index rose 0.5 per cent. On the mainland, the CSI 300 Index fell 0.1 per cent and the Shanghai Composite Index slipped 0.2... https://www.scmp.com/business/china-business/article/3335827/hong-kong-stocks-extend-losses-wall-street-caution-weighs-sentiment?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3335827/hong-kong-stocks-extend-losses-wall-street-caution-weighs-sentiment?utm_source=rss_feed Wed, 10 Dec 2025 02:25:58 +0000 Ben Jiang Ben Jiang Chinese short video platform Kuaishou on Monday launched a new artificial intelligence video generation model to challenge OpenAI’s Sora and start-up Runway in the global market for AI content creation. Kuaishou, which competes with TikTok’s Chinese sibling Douyin in China, said Kling O1 was the first unified multimodal video model in the industry, based on an architecture that integrated diverse video creation tasks – generation, precise and controllable editing and understanding – into a... https://www.scmp.com/tech/tech-trends/article/3334903/chinas-kuaishou-debuts-multimodal-ai-video-model-nano-banana-editing-capability?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3334903/chinas-kuaishou-debuts-multimodal-ai-video-model-nano-banana-editing-capability?utm_source=rss_feed Tue, 02 Dec 2025 09:00:14 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks struggled to hold onto gains on Tuesday as a sell-off in bitcoin weighed on risk sentiment and jitters grew that a potential unwinding of the carry trade linked to the Japanese yen would rattle global financial markets. The Hang Seng Index climbed 0.2 per cent to 26,095.05 at the close, paring a gain of as much as 0.9 per cent that had been spurred by optimism about an extension of the decent run this year. The Hang Seng Tech Index declined 0.4 per cent. On the mainland, the CSI... https://www.scmp.com/business/china-business/article/3334834/hong-kong-stocks-head-2-week-high-amid-upbeat-outlooks-2026?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3334834/hong-kong-stocks-head-2-week-high-amid-upbeat-outlooks-2026?utm_source=rss_feed Tue, 02 Dec 2025 02:23:50 +0000 Ben Jiang Ben Jiang Chinese technology powerhouses are beginning to reap early returns from their heavy investments in artificial intelligence, with quarterly results showing the impact across businesses from short video platforms like Kuaishou Technology to social media giants like Tencent Holdings. Kuaishou, China’s second-largest short video app and rival to TikTok’s Chinese sibling Douyin, was the latest to highlight gains from AI adoption. The company, in an earnings statement on Wednesday, attributed its... https://www.scmp.com/tech/article/3333573/chinese-tech-giants-kuaishou-tencent-reap-early-gains-big-ai-bets?utm_source=rss_feed https://www.scmp.com/tech/article/3333573/chinese-tech-giants-kuaishou-tencent-reap-early-gains-big-ai-bets?utm_source=rss_feed Thu, 20 Nov 2025 13:00:15 +0000 Yulu Ao Yulu Ao Hong Kong stocks finished flat on Thursday, paring intraday gains sparked by Nvidia’s better-than-expected earnings that briefly dispelled Wall Street’s concerns about a potential artificial intelligence bubble. The Hang Seng Index closed little changed at 25,835.57. The Hang Seng Tech Index fell 0.6 per cent. On the mainland, the CSI 300 Index declined 0.5 per cent and the Shanghai Composite lost 0.4 per cent. Search-engine giant Baidu rose 2.4 per cent to HK$113.90, while short-video sharing... https://www.scmp.com/business/china-business/article/3333474/hong-kong-stocks-reverse-4-day-slide-nvidia-earnings-lift-sentiment?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3333474/hong-kong-stocks-reverse-4-day-slide-nvidia-earnings-lift-sentiment?utm_source=rss_feed Thu, 20 Nov 2025 02:18:10 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Tuesday, tracking a sell-off on Wall Street as investors reassessed lofty artificial intelligence-related valuations and the outlook for US monetary easing. The Hang Seng Index declined 1.7 per cent to 25,930.03 at close, the biggest drop since October 31. The Hang Seng Tech Index dropped 1.9 per cent. On the mainland, the CSI 300 Index retreated 0.7 per cent and the Shanghai Composite Index shed 0.8 per cent. Tech heavyweights led the retreat. Online games provider... https://www.scmp.com/business/china-business/article/3333182/hong-kong-stocks-extend-decline-amid-wall-street-ai-valuation-concerns-fed-rate-outlook?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3333182/hong-kong-stocks-extend-decline-amid-wall-street-ai-valuation-concerns-fed-rate-outlook?utm_source=rss_feed Tue, 18 Nov 2025 02:27:30 +0000 Yulu Ao Yulu Ao Hong Kong stocks extended losses on Wednesday, tracking Wall Street’s weakness amid growing fears of an artificial intelligence bubble, while uncertainty over the Federal Reserve’s rate-cut trajectory further curbed risk appetite. The Hang Seng Index declined 0.1 per cent to 25,935.41 at the close, adding to the 0.8 per cent loss a day earlier. The Hang Seng Tech Index slumped 0.6 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.1 per cent. Technology... https://www.scmp.com/business/china-business/article/3331562/hong-kong-stocks-tumble-ai-bubble-fears-hit-wall-street?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3331562/hong-kong-stocks-tumble-ai-bubble-fears-hit-wall-street?utm_source=rss_feed Wed, 05 Nov 2025 02:37:32 +0000 Vincent Chow Vincent Chow Kuaishou Technology, operator of China’s second-largest short video app, is developing a new international revenue stream with “not-safe-for-work” (NSFW) avatars, as Chinese artificial intelligence firms compete in the lucrative field of virtual companions. Kuaishou formally launched its AI companion service, FantaSay, through its Singapore unit, Symphony Tech, last month, after a trial run that began in February. The service promises an “ultimate immersive chat experience” with a “variety of... https://www.scmp.com/tech/big-tech/article/3328023/chinas-kuaishou-lures-overseas-users-nsfw-ai-companions?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3328023/chinas-kuaishou-lures-overseas-users-nsfw-ai-companions?utm_source=rss_feed Mon, 06 Oct 2025 13:00:13 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell on Monday as the US government shutdown hit investor sentiment and spurred demand for safe-haven assets like gold. The Hang Seng Index closed 0.7 per cent lower at 26,957.77, trimming some of the 3.9 per cent gain recorded last week. The Hang Seng Tech Index lost 1.1 per cent. There will be no trading in Hong Kong on Tuesday on account of a public holiday. Mainland stock exchanges are closed for the National Day and Mid-Autumn Festival holidays until... https://www.scmp.com/business/china-business/article/3327948/hong-kong-stocks-fall-us-shutdown-dampens-investor-sentiment?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3327948/hong-kong-stocks-fall-us-shutdown-dampens-investor-sentiment?utm_source=rss_feed Mon, 06 Oct 2025 02:25:34 +0000 Jevans Nyabiage Jevans Nyabiage China is betting on a new generation of digital influencers and content creators to reshape its image in Africa, which observers have said is a major shift as Beijing looks to refine its “soft power” campaigns. This new strategy aims to reshape China’s public image by connecting directly with younger audiences through cultural exchange and tourism, showcasing a side of the country rarely seen in traditional news reports. For the second consecutive year, the Chinese embassy in Kenya is sponsoring... https://www.scmp.com/news/china/military/article/3326132/beijing-targets-gen-z-millennials-new-digital-strategy-build-its-brand-africa?utm_source=rss_feed https://www.scmp.com/news/china/military/article/3326132/beijing-targets-gen-z-millennials-new-digital-strategy-build-its-brand-africa?utm_source=rss_feed Sun, 05 Oct 2025 06:03:06 +0000 Yulu Ao Yulu Ao Hong Kong stocks jumped on Thursday after a one-day break, led by technology giants including Alibaba Group Holding, as investors bet on the domestic artificial intelligence narrative while signs of stabilisation in the property sector boosted sentiment. The Hang Seng Index shot up 1.6 per cent to 27,287.12 at the close. The Hang Seng Tech Index surged 3.4 per cent. Mainland stock exchanges are closed for the National Day and Mid-Autumn Festival holidays from Wednesday through October... https://www.scmp.com/business/china-business/article/3327569/hong-kong-stocks-shoot-china-home-sales-tech-enthusiasm?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3327569/hong-kong-stocks-shoot-china-home-sales-tech-enthusiasm?utm_source=rss_feed Thu, 02 Oct 2025 02:14:03 +0000 Coco Feng Coco Feng Chinese video gaming giant Tencent Holdings, Baidu-backed iQiyi and Hong Kong’s Television Broadcasts (TVB) are actively integrating artificial intelligence-generated content into their productions, signalling a potential transformation in how films and series are created. The latest development came from iQiyi, which on Thursday launched an “AI theatre” in collaboration with Hong Kong cinematographer and director Peter Pau Tak-hei, who won an Academy Award for Best Cinematography in 2001 for... https://www.scmp.com/tech/article/3327005/tencent-baidu-backed-iqiyi-tvb-embrace-ai-generated-content-dramas?utm_source=rss_feed https://www.scmp.com/tech/article/3327005/tencent-baidu-backed-iqiyi-tvb-embrace-ai-generated-content-dramas?utm_source=rss_feed Fri, 26 Sep 2025 09:32:15 +0000 Danielle Popov Danielle Popov China’s cyberspace regulator has issued warnings to ByteDance’s news aggregator Jinri Toutiao and Alibaba Group Holding’s internet browser operator UCWeb for inadequate content moderation, adding to a series of recent crackdowns targeting trending topics in online platforms. In separate statements issued on Tuesday, the Cyberspace Administration of China (CAC) accused both companies of “damaging the online ecosystem”. The regulator said Toutiao displayed “unhealthy content” on its hot search... https://www.scmp.com/tech/policy/article/3326658/china-warns-bytedance-alibaba-platforms-latest-crackdown-trending-topic-violations?utm_source=rss_feed https://www.scmp.com/tech/policy/article/3326658/china-warns-bytedance-alibaba-platforms-latest-crackdown-trending-topic-violations?utm_source=rss_feed Wed, 24 Sep 2025 07:35:09 +0000 Ben Jiang Ben Jiang The operator of China’s second-most popular short video app, Kuaishou Technology, and microblogging platform Weibo came under scrutiny from the nation’s top internet regulator for allegedly “damaging the online ecosystem” due to lax content control. Kuaishou and Weibo had failed to manage content effectively, allowing celebrity gossip to infiltrate their trending topics, according to two notices published on the Cyberspace Administration of China (CAC)’s WeChat public account on Saturday. The... https://www.scmp.com/tech/big-tech/article/3326376/china-warns-kuaishou-weibo-over-celebrity-gossip-amid-crackdown-online-content?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3326376/china-warns-kuaishou-weibo-over-celebrity-gossip-amid-crackdown-online-content?utm_source=rss_feed Mon, 22 Sep 2025 10:00:17 +0000 Yulu Ao Yulu Ao Hong Kong stocks closed flat on Friday as investors held back ahead of a closely watched talk between US President Donald Trump and Chinese President Xi Jinping, which could yield signals on tariffs, TikTok’s fate and the battle for tech dominance. The Hang Seng Index was little changed, closing at 26,545.10 and securing a 0.6 per cent gain for the week. The Hang Seng Tech Index advanced 0.4 per cent. On the mainland, the CSI 300 Index gained 0.1 per cent, while the Shanghai Composite Index lost... https://www.scmp.com/business/china-business/article/3326061/hong-kong-stocks-drop-second-day-investors-await-signals-trump-xi-call?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3326061/hong-kong-stocks-drop-second-day-investors-await-signals-trump-xi-call?utm_source=rss_feed Fri, 19 Sep 2025 02:23:20 +0000 Lo Hoi-ying Lo Hoi-ying Hong Kong could struggle with enforcing regulations on labelling artificial intelligence-generated content on social media platforms, experts have said, after mainland China rolled out a new law this week to combat misinformation, deepfakes and copyright issues. Experts told the Post that Hong Kong’s market was too small to adopt an independent set of laws to regulate the use of generative AI, but a rising number of deepfake scams and improper use of the technology reflected a growing urgency... https://www.scmp.com/news/hong-kong/law-and-crime/article/3324598/hong-kong-face-hurdles-enforcing-rules-labelling-ai-generated-content-experts?utm_source=rss_feed https://www.scmp.com/news/hong-kong/law-and-crime/article/3324598/hong-kong-face-hurdles-enforcing-rules-labelling-ai-generated-content-experts?utm_source=rss_feed Sat, 06 Sep 2025 12:00:14 +0000 Aileen Chuang Aileen Chuang Hong Kong stocks fell on Thursday as the price wars in the food delivery and electric vehicle (EV) sectors and AI chipmaker Nvidia’s downbeat outlook weighed on sentiment. The Hang Seng Index closed 0.8 per cent lower at 24,998.82, marking a third day of loss. The Hang Seng Tech Index shed 0.9 per cent. On the mainland, the CSI 300 Index gained 1.8 per cent, while the Shanghai Composite Index rose 1.1 per cent. Chinese on-demand services giant Meituan tumbled 12.6 per cent to HK$101.70 after... https://www.scmp.com/business/markets/article/3323420/hong-kong-stocks-fall-third-day-hurt-meituan-profit-slump-nvidia-outlook?utm_source=rss_feed https://www.scmp.com/business/markets/article/3323420/hong-kong-stocks-fall-third-day-hurt-meituan-profit-slump-nvidia-outlook?utm_source=rss_feed Thu, 28 Aug 2025 02:37:09 +0000 Danielle Popov Danielle Popov Kuaishou Technology on Thursday declared a special dividend totalling HK$2 billion (US$256 million), marking the first time China’s No 2 short video app operator will make such payment since its US$5.4 billion Hong Kong listing in 2021. The Beijing-based company said it would pay a special dividend of HK$0.46 per share after reporting better-than-expected financial results in the second quarter, driven by gains made from its artificial intelligence tools, according to its filing. Dividend... https://www.scmp.com/tech/big-tech/article/3322702/kuaishou-pay-first-dividend-hong-kong-ipo-ai-tools-lift-quarterly-results?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3322702/kuaishou-pay-first-dividend-hong-kong-ipo-ai-tools-lift-quarterly-results?utm_source=rss_feed Thu, 21 Aug 2025 14:00:13 +0000 Vanessa Cai Vanessa Cai The massive success of China’s mini dramas at home has prompted the industry to set its sights more squarely on the global market, with ever more studios exploring potential in North America, Southeast Asia and beyond. The productions going overseas include translated Chinese dramas and original ones made with local teams. The push comes as Beijing urges more mainland productions to improve the quality of on-air content. A document released on Monday said more support would be given for... https://www.scmp.com/news/china/politics/article/3322495/can-chinas-hugely-popular-mini-dramas-find-success-us-and-other-markets?utm_source=rss_feed https://www.scmp.com/news/china/politics/article/3322495/can-chinas-hugely-popular-mini-dramas-find-success-us-and-other-markets?utm_source=rss_feed Thu, 21 Aug 2025 01:00:13 +0000 Yulu Ao Yulu Ao Hong Kong stocks on Wednesday reversed course to snap a four-day losing streak, spurred by comments from China’s foreign ministry that traders interpreted as a sign of potential progress in the US-China trade talks. The Hang Seng Index closed 0.2 per cent higher at 25,165.94, recovering from a loss of as much as 0.9 per cent in the morning session. The Hang Seng Tech Index was little changed. On the mainland, the CSI 300 Index jumped 1.1 per cent and the Shanghai Composite Index advanced 1 per... https://www.scmp.com/business/banking-finance/article/3322438/hong-kong-stocks-fall-fifth-day-amid-us-china-tariff-fears-wall-street-sell?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3322438/hong-kong-stocks-fall-fifth-day-amid-us-china-tariff-fears-wall-street-sell?utm_source=rss_feed Wed, 20 Aug 2025 02:34:16 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks traded in a narrow range on Tuesday, as traders looked past the US tariff pause extension to focus on economic data and earnings. The Hang Seng Index closed 0.3 per cent higher at 24,969.68. The Hang Seng Tech Index dropped 0.4 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both gained 0.5 per cent. Car dealer Zhongsheng Group jumped 4 per cent to HK$14.27 and Semiconductor Manufacturing International advanced 5 per cent to HK$51.15. JD.com added... https://www.scmp.com/business/china-business/article/3321514/hong-kong-stocks-trade-sideways-investors-focus-economic-data-earnings?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3321514/hong-kong-stocks-trade-sideways-investors-focus-economic-data-earnings?utm_source=rss_feed Tue, 12 Aug 2025 02:35:44 +0000