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With its open-sourced Kimi K2 model, Moonshot is looking to gain fresh attention in the global AI market. Photo: Shutterstock

Tech Trends

Chinese unicorn Moonshot launches AI model Kimi K2 in red-hot open-source market

Kimi K2 reflects a broader trend in the AI sector towards open-source development to improve efficiency and gain wider product adoption.

Huawei eyes export of AI chips to Middle East, Southeast Asia to rival Nvidia

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Chinese lidar maker Hesai loses lawsuit against US government for blacklisting

Tech Trends

Explainer | No-fly zone: what brought about China’s largest power bank scandal

The State Administration for Market Regulation expects to conclude its review of power bank products and batteries by the end of July.

The State Administration for Market Regulation expects to conclude its review of power bank products and batteries by the end of July. Photo: Shutterstock
The State Administration for Market Regulation expects to conclude its review of power bank products and batteries by the end of July. Photo: Shutterstock

Blockchain

China’s state-asset watchdog explores role of stablecoins, other digital assets

The State-owned Assets Supervision and Administration Commission calls on state-backed firms to study the role of digital assets in trade.

Tech War

Stanford-educated expert leads new semiconductor school in China

Wuhan University’s School of Integrated Circuits has teamed up with China’s top memory chipmaker to overcome US tech curbs.

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Big Tech

Huawei’s Pura 80 roll-out in Dubai is latest move in global smartphone push

The Pura 80 series, which debuted in mainland China last month, marks Huawei’s latest expansion into major overseas markets.

Huawei chose Dubai to launch its Pura 80 series on the global market. Photo: Ann Cao
Huawei chose Dubai to launch its Pura 80 series on the global market. Photo: Ann Cao

Blockchain

Bitcoin hits another record as options traders eye US$120,000

Bitcoin’s breakout is fuelled in part by institutional demand and bullish comments made by Trump on social media.

Tech Trends

Robinhood CEO raises US$100 million to build AI models for maths

Harmonic adopts a maths-first approach, which it hopes will make its model better at solving complicated problems than large language models.

Tech Trends

Tesla plans robotaxi expansion to California and Arizona

Tesla has contacted the Arizona Department of Transportation to begin the certification process for autonomous vehicle ride-sharing.

A Tesla Model Y electric car with special equipment for robotaxi operation is seen in downtown Austin, Texas, June 19, 2025. Photo: ZUMA Press Wire/TNS

Big Tech

Robot maker AgiBot seeks stake in Shanghai firm in potential back-door listing

The Tencent-backed start-up plans to acquire a controlling stake in Swancor Advanced Materials for US$279 million.

AgiBot’s acquisition plan reflects the growing need in China’s robotics industry to raise more funds, as a number of humanoid robot makers aim for mass production this year. Photo: AFP
AgiBot’s acquisition plan reflects the growing need in China’s robotics industry to raise more funds, as a number of humanoid robot makers aim for mass production this year. Photo: AFP

United States & Canada

Nvidia’s Jensen Huang meets Trump before heading to China

The world’s most valuable tech company has become ensnared in a broader US-China conflict as the foremost producer of AI chips.

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Big Tech

China’s cloud services spending hits US$11.6 billion on AI-related demand

Alibaba leads the market with a 33 per cent share, followed by Huawei and Tencent with shares of 18 per cent and 10 per cent, respectively.

Banking & Finance

Hong Kong start-up wins EQT Impact Challenge with precision surgical system

Syngular Technology tops 200 hopefuls to secure €100,000 (US$117,000) investment in pitch competition organised in partnership with the Post.

Louis Sze (centre), CEO of Syngular Technology, receives first prize in the 2025 EQT Impact Challenge from EQT Asia’s chairperson Jean Eric Salata (right) and EQT Foundation’s investment lead Anjum Rangwala (left) in Hong Kong on July 10, 2025. Photo: SCMP

Europe

EU watchdog opens TikTok probe over fresh China data transfer claims

It follows a US$620 million fine levied against TikTok by Europe’s Data Protection Commission in May over other data transfer issues.

The EU’s watchdog is investigating TikTok for potential China data breaches. Photo: dpa
The EU’s watchdog is investigating TikTok for potential China data breaches. Photo: dpa

Tech War

Global AI conference in Shanghai to showcase China’s prowess, vision

High-level meeting on AI governance to be held in tandem with the three-day World Artificial Intelligence Conference, starting on July 26.

Policy

Head of China’s state-owned firm regulator visits DeepSeek, Unitree

Zhang Yuzhuo says state-owned enterprises should learn from the agile innovation practices of private firms.

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Big Tech

Tech war takes a new turn as Huawei pushes 5G smartphones with mystery chip

Huawei’s return to the 5G smartphone market and the controversy over its advanced, made-in-China processor reflect the lengths taken by the company to build up its operations, following years of struggles on account of US trade sanctions.

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Illustration: Davies Christian Surya
Illustration: Davies Christian Surya

Big Tech

ChatGPT sparks investment frenzy and soul searching in China

While China had declared AI strategically important as early as 2018, ChatGPT has shattered illusions about the country’s technological prowess.

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Policy

China’s e-CNY blues: major test bed shows sluggish adoption

More than three years after China’s central bank started digital currency trials, adoption in one of the initial test beds, Suzhou, remains lethargic.

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Tech

Can Huawei’s 5G-powered Tianjin Port redefine its enterprise business?

Tianjin Port is the latest technological showpiece of Huawei Technologies, as the world’s largest provider of phone network equipment reinvents itself after nearly four years of crushing US sanctions.

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illustration by Lau Ka-kuen
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China Future Tech
HIGHLIGHTS FROM
China Future Tech

Big Tech

Huawei to open-source self-developed programming language Cangjie

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The logo of Huawei is seen at the Viva Technology conference in Paris, France, in June. Photo: Reuters

Tech Trends

Chinese unicorn Moonshot launches AI model Kimi K2 in red-hot open-source market

With its open-sourced Kimi K2 model, Moonshot is looking to gain fresh attention in the global AI market. Photo: Shutterstock

Big Tech

Huawei eyes export of AI chips to Middle East, Southeast Asia to rival Nvidia

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Huawei is offering Ascend 910B AI chip volumes in the low thousands to potential customers in the Middle East and Southeast Asia. Photo: Shutterstock

Tech War

Chinese lidar maker Hesai loses lawsuit against US government for blacklisting

In its US lawsuit, Hesai Group asserts that its products are “strictly for commercial and civilian use”. Photo: Handout

Business

Chinese biotech firms eye foreign pharma’s fat profits in weight loss drug market

Illustration by Henry Wong.
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OPINION
Jane Lee

Opinion | Embracing autonomous vehicles can revolutionise Hong Kong transport

Jane Lee
Janghyuk Lim

Opinion | AI can enhance learning rather than threaten it

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Winston Mok

Opinion | Why East Asian integration could be the solution to US tariff threats

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Zhou Xin

My Take | China could embrace universal basic income as AI takes jobs

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Elina Noor

Opinion | Why Silicon Valley signing up to nationalism puts Asia on edge

Elina Noor
Gerui Wang

Opinion | Labubu’s rise reflects hitmaker ability of China’s digital ecosystem

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MULTIMEDIA
Video

The future of driverless cars

How does a Chinese driverless system compare with Tesla’s?
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Video

Hundreds of robots move Shanghai city block

Hundreds of robots move an entire city block in China
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Video

Japanese Nintendo fans get their hands on Switch 2

Nintendo launches highly anticipated Switch 2 amid heavy demand in Japan
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Driverless mining trucks begin operating in China

China rolls out world’s largest fleet of driverless mining trucks powered by Huawei tech
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