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Artificial intelligence
iFlytek unveils medical AI, smart classroom tech in Hong Kong amid global push
Hong Kong would be a launch pad for the company’s global expansion in the future, founder and chairman Liu Qingfeng said on Tuesday.
24 Jun 2025 - 9:00PM
Huawei
Huawei, SMIC struggle to advance chips to 5-nm level, MateBook shows: report
24 Jun 2025 - 6:00PM
Alibaba
Alibaba Cloud to bring AI capabilities to global data centres this year
24 Jun 2025 - 5:00PM
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Cryptocurrency
Hong Kong family office VMS Group makes first foray into cryptocurrency
With about US$4 billion in assets under management, VMS plans to allocate up to US$10 million to strategies run by hedge fund Re7 Capital.
24 Jun 2025 - 2:47PM
Wealth managers are moving to accommodate growing cryptocurrency adoption among their clients in Hong Kong. Photo: Shutterstock
China technology
Anker, Romoss recall over 1.2 million power banks amid fire risks
Anker has stopped selling the affected portable chargers, and is urging customers to return them for a refund or replacement.
23 Jun 2025 - 9:00PM
Artificial intelligence
How Tesla’s Robotaxi service compares with Baidu’s Apollo Go in China
Tesla is finally entering the robotaxi business, but Baidu has been testing its service for years.
23 Jun 2025 - 8:00PM
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DeepSeek
How DeepSeek founder’s doubt led serial entrepreneur to embrace his gift of gab
Founder of defunct smartphone brand Smartisan said DeepSeek’s Liang Wenfeng told him he was among the best in China at ‘earning a living by talking’.
23 Jun 2025 - 6:00PM
DeepSeek founder Liang Wenfeng has kept a relatively low profile since his start-up captured global attention this year. Photo: Weibo
Alibaba
Alibaba folds delivery app and travel agency into e-commerce group
CEO Eddie Wu said the restructuring ‘marks a strategic upgrade from an e-commerce platform to a comprehensive consumer platform’.
23 Jun 2025 - 5:56PM
Blockchain
Hong Kong Web3 group issues blueprint for accelerating blockchain development
Web3 Harbour, in collaboration with PwC Hong Kong, will launch five action groups in August on stablecoins, funds and other critical segments.
23 Jun 2025 - 8:00AM
Artificial intelligence
Yum China rolls out AI agent, to help, not replace store managers
Aiming to help frontline managers with tasks such as scheduling and inventory management, system aligns with industry’s wider AI push.
22 Jun 2025 - 3:38PM
US-China tech war
How Huawei’s silicon strategy defies US sanctions, advances China’s AI ambitions
Huawei is expected to ship about 700,000 Ascend AI processors in 2025, according to Mizuho estimates.
23 Jun 2025 - 11:57AM
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Illustration: Brian Wang
Huawei
Huawei opens HarmonyOS 6 to developers, prepares AI features for public launch
The tech giant did not give a public launch date for the latest version of the operating system, but said it will be more intelligent and open.
21 Jun 2025 - 7:17AM
Robotics
Unitree Robotics now a unicorn with ByteDance, Alibaba, Tencent funding
The Chinese humanoid and robot dog maker is valued at US$1.3 billion in its latest financing round.
20 Jun 2025 - 9:39PM
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Artificial intelligence
A sun-baked ‘Shenzhen’? SoftBank pitches TSMC on US$1 trillion AI hub in Arizona
Son envisions a version of China’s manufacturing hub of Shenzhen that would bring high-tech manufacturing to the US, sources told Bloomberg.
20 Jun 2025 - 4:29PM
Mobile payments
Ant Group pushes wider adoption of AI-enabled smart glasses for mobile payments
The first such payment outside mainland China was recently completed in Hong Kong, using the AlipayHK app and Meizu’s StarV smart glasses.
20 Jun 2025 - 7:08AM
With mobile payments functionality, AI-powered smart glasses are expected to see increased adoption worldwide. Photo: Handout
E-commerce
China subsidies give Alibaba, JD.com sales lift during 618 shopping festival
The Chinese e-commerce giants again withheld total gross merchandise value figures, continuing a trend in recent years amid a maturing market.
19 Jun 2025 - 9:00PM
Semiconductors
How Huawei’s AI chips outperform Nvidia’s in running DeepSeek’s R1 model
Performance of Huawei’s AI data centre architecture, CloudMatrix 384, illustrates the firm’s progress in overcoming US tech control measures.
19 Jun 2025 - 7:00PM
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E-commerce
Meituan keeps tight grip on 70% of food delivery market in China, report says
Citing internal data, Leiphone.com reported that Meituan’s daily food delivery orders reached 90 million this month.
19 Jun 2025 - 7:00PM
A staff member takes a bag of ordered food from a Meituan delivery worker during a Starbucks media event in Beijing on January 18, 2022. Photo: Reuters
Artificial intelligence
Alibaba, Tencent-backed AI unicorn MiniMax eyes Hong Kong listing, report says
MiniMax, a unicorn valued at US$2.5 billion, was in the ‘early stage’ of preparations for the listing, according to news outlet The Paper.
19 Jun 2025 - 6:00PM
Alibaba
Alibaba Cloud expands in South Korea with second data centre
The company’s AI service clients in South Korea include Naver-backed messaging app Snow and AI solutions provider Univa.
19 Jun 2025 - 5:00PM
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Artificial intelligence
Microsoft plans thousands of job cuts in July, targeting sales teams
The terminations would follow a previous round of lay-offs in May that hit 6,000 people, mostly product and engineering positions.
19 Jun 2025 - 12:35PM
Huawei
Huawei defends role as AI, 5G infrastructure supplier at Shanghai MWC
Huawei deputy chairman says the telecoms industry is facing stagnant growth, while touting AI-driven solutions.
19 Jun 2025 - 9:00AM
A Huawei logo is seen at the Mobile World Congress in Shanghai. Photo: AFP
E-commerce
JD.com takes its Meituan rivalry to Saudi Arabia with express delivery service
JoyExpress is a business-to-consumer express delivery service that covers most of the 13 provinces in the Middle Eastern country.
19 Jun 2025 - 8:00AM
JD.com
JD.com founder bets on stablecoins to cut cross-border e-commerce payment costs
‘JD.com intends to secure stablecoin licences across key currency markets globally,’ founder and chairman Richard Liu says.
18 Jun 2025 - 7:30PM
DeepSeek
DeepSeek’s updated R1 AI model matches Google, Anthropic in coding benchmark
The updated reasoning model, released in May, performed well against leading US models in the real-time WebDev Arena tests.
18 Jun 2025 - 6:03PM
HIGHLIGHTS FROM
China Future Tech
Tech Trends
DeepSeek rival MiniMax says its first AI reasoning model halves compute of R1
17 Jun 2025 - 9:30PM
Tech War
Huawei, SMIC struggle to advance chips to 5-nm level, MateBook shows: report
24 Jun 2025 - 6:00PM
Big Tech
Alibaba Cloud to bring AI capabilities to global data centres this year
24 Jun 2025 - 5:00PM
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China Business
China’s BYD expands car-carrier fleet in bet on EV exports
24 Jun 2025 - 4:30PM
Tech Trends
How Tesla’s Robotaxi service compares with Baidu’s Apollo Go in China
23 Jun 2025 - 8:00PM
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