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The Ministry of Commerce says it will work with other Chinese regulators to assess whether Meta’s acquisition of Manus complies with the country’s export controls and technology transfer rules. Photo: Shutterstock
Artificial intelligence

Review of Meta-Manus deal underscores China’s tightening grip on AI exports

AI agent start-up may face half a year of regulatory checks on data security, dual-use technologies and overseas investment rules: analysts.

Semiconductors

The great chip leap: China’s semiconductor equipment self-reliance beats targets

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Artificial intelligence

China to probe Meta’s purchase of Manus over export controls, tech concerns

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China manufacturing

Shanghai unveils US$10 billion investment spree as US-China tech race heats up

Shanghai announces 50 new projects across an array of hi-tech industries as China’s cities heed Beijing’s call to double down on innovation.

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Shanghai has unveiled a slew of new investments in hi-tech industries worth more than US$10 billion. Photo: AFP
Shanghai has unveiled a slew of new investments in hi-tech industries worth more than US$10 billion. Photo: AFP
Artificial intelligence

Manus-Meta deal may draw Beijing scrutiny over tech export controls, experts say

One expert noted that there has been no confirmation that members of Manus’ core team have relinquished Chinese nationality.

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Semiconductors

US grants TSMC annual licence to import American chipmaking tools into China

The approval ‘ensures uninterrupted fab operations and product deliveries’, according to the world’s largest contract chipmaker.

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ByteDance

Exclusive | ByteDance to pour US$14 billion into Nvidia chips in 2026 as AI demand surges

Chinese unicorn’s computing needs have climbed across its portfolio of popular apps, cloud unit Volcano Engine and large language models.

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ByteDance plans to spend about 100 billion yuan on AI chips from Nvidia in 2026 if the US company is allowed to sell its H200 graphic processing units in China, sources say. Photo: Handout
ByteDance plans to spend about 100 billion yuan on AI chips from Nvidia in 2026 if the US company is allowed to sell its H200 graphic processing units in China, sources say. Photo: Handout
TikTok

China’s stance on TikTok deal seen as acceptance, not approval: analysts

In 2020, a similar arrangement between ByteDance, Oracle and Walmart fell apart after China revised its export control list.

Fintech

Why Hong Kong is emerging as the world’s AI crossroads between East and West

Hong Kong’s AI sector comprises 500 organisations, 290 companies and 183 investors active in finance, healthcare and government services.

Xiaomi

China’s Xiaomi rejects claims of military ties after appeal by US lawmakers

Smartphone-to-vehicle giant says it ‘has always been and continues to be a consumer product company’.

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Xiaomi says it is not a Chinese military company nor affiliated with any Chinese military entities. Photo: Shutterstock
Cybersecurity

China’s Kuaishou hit by breach as explicit content floods live-streaming rooms

Short-video platform’s services are thrown into chaos on Monday night after the cyberattack it blames on ‘black and grey industries’.

Explicit content flooded Kuaishou’s high-traffic live rooms for more than an hour on Monday night, reports say. Photo: Shutterstock
Explicit content flooded Kuaishou’s high-traffic live rooms for more than an hour on Monday night, reports say. Photo: Shutterstock
TikTok

Exclusive | TikTok owner ByteDance’s valuation hits US$500 billion as US plan advances

Figure marks a record for China’s tech giant, which will divest its US entity into a joint venture that includes Oracle and Silver Lake.

Electric & new energy vehicles

China’s approval for L3 self-driving cars to stimulate slowing mainland market

Chinese carmakers could sell about 270,000 semi-autonomous vehicles next year, representing 1 per cent of the total market, Daiwa says.

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Made in China 2025

Can rising lithium costs save China’s energy storage firms from a price war?

China’s battery makers raise prices amid lithium rebound and global AI energy demand.

Deegares says it is raising prices of lithium batteries by 15 per cent. Photo: Handout
Made in China 2025

China’s new drug insurance: lifeline for patients or squeeze on big firms?

New insurance formulary trims costs of Alzheimer’s and cancer therapies and marks a small win for global novel drug makers.

The commercial insurance formulary covers some medicines that are not yet eligible for reimbursement under the country’s National Reimbursement Drug List. Photo: Shutterstock
The commercial insurance formulary covers some medicines that are not yet eligible for reimbursement under the country’s National Reimbursement Drug List. Photo: Shutterstock
Electric & new energy vehicles

Xpeng, Li Auto given approval to test ‘hands-off’ L3 cars amid slowing market

Deregulation to legalise L3 technology represents a leap forward in commercialising autonomous driving systems in China.

Artificial intelligence

Chinese expert calls for world models and safety standards for embodied AI

Turing Award winner Andrew Yao says embodied AI needs reasoning, planning and control in one framework.

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Artificial intelligence

Why Nvidia chip is unlikely to derail ambitions of China’s Huawei, Moore Threads

China’s huge demand for AI computing power leaves room for growth for both US and domestic chips, analysts say.

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Nvidia’s H200 artificial intelligence processors will give China a much-needed boost in computing power. Photo: Shutterstock
Nvidia’s H200 artificial intelligence processors will give China a much-needed boost in computing power. Photo: Shutterstock
Artificial intelligence

Arm China, RabbitPre among mainland Chinese firms expanding in Hong Kong

Arm China is among the fifth batch of companies brought to Hong Kong by OASES, which has so far drawn more than 102 firms.

China stock market

Investors brace as Beijing’s policy huddle tests China’s stock rebound

With China’s stock rally fading, markets are pinning their hopes on the Central Economic Work Conference for signs of clearer policy support.

Hong Kong

Crypto exchange Gate weighs Hong Kong licence return amid high compliance costs

Hong Kong’s policies pose some difficulties and covering the cost of operating locally is difficult, founder and CEO Lin Han says.

Lin Han, founder and CEO of cryptocurrency exchange Gate. Photo: Handout
Blockchain

Chinese industry bodies issue RWA tokenisation warning amid Beijing’s crackdown

This was the mainland associations’ first warning to members as Chinese authorities have explicitly targeted RWA tokenisation.

RWA tokenisation is touted as a way to allow faster and cheaper financial transactions. Photo: Shutterstock
RWA tokenisation is touted as a way to allow faster and cheaper financial transactions. Photo: Shutterstock
Cryptocurrency

HashKey’s IPO seeks US$300 million under shadow of Beijing’s regulatory scrutiny

HashKey is likely to debut on the Hong Kong stock exchange within the next two to three months ‘if it receives adequate investor interest’.

Robotics

Tsinghua University sets up research institute in push for robotics talent

The Institute for Embodied Intelligence and Robotics will be led by Zhang Tao, director of the university’s automation department.

Robotics

Chinese schools offer ‘embodied intelligence’ courses to aid robotics industry

Shanghai Jiao Tong University and Zhejiang University are among seven schools that plan to offer ‘embodied intelligence’ as a new major.

Beijing Institute of Technology plans to recruit 120 students for the first batch of the embodied intelligence course. Photo: Shutterstock
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