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Artificial intelligence
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Kuaishou
Robotics
Chinese humanoid robot maker UBTech gets US$1 billion funding boost
Infini Capital, based in Hong Kong and Abu Dhabi, plans to help UBTech establish a research centre and a ‘super factory’ in the Middle East.
2 hours ago
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Tesla
Tesla sees exodus of South Korean retail investors as crypto’s allure rises
2 hours ago
Electric & new energy vehicles
Tesla China cuts price of new Model 3 as moment of truth nears
5 hours ago
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Blockchain
Eric Trump heads to Tokyo after Hong Kong for bitcoin firm meeting
His attendance follows an appearance at the Bitcoin Asia event, as the US president’s family expands its crypto ventures internationally.
1 Sep 2025 - 9:57AM
Eric Trump attends the Bitcoin Asia conference at the Hong Kong Convention and Exhibition Centre. Photo: Dickson Lee
Artificial intelligence
Exclusive
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SenseTime on fast track to profitability thanks to spin-offs, Beijing support
SenseTime attributes its financial progress to spinning off noncore operations and support from Beijing.
1 Sep 2025 - 9:01AM
Blockchain
Exclusive
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Justin Sun eyes ‘Swift’ for virtual asset sector, praises Hong Kong crypto moves
The crypto entrepreneur wants to turn his Tron blockchain into the virtual asset industry’s answer to the banking sector’s Swift network.
31 Aug 2025 - 12:36PM
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Alibaba
Alibaba sees strong consumer mindshare in instant commerce push
Alibaba also expects its cloud computing business to remain on an upwards trajectory in the coming quarters, CEO Eddie Wu says.
30 Aug 2025 - 9:00PM
Alibaba’s cloud computing unit was the company’s fastest-growing business segment in the June quarter. Photo: Shutterstock
Huawei
Tech war: Huawei executive claims victory over US sanctions with tech ecosystem
Huawei has already ‘built an ecosystem entirely independent of the United States’, according to a senior executive.
29 Aug 2025 - 9:00PM
Alibaba
Alibaba confident of winning instant commerce war as quarterly profit rises
Taobao Shangou reached a peak of 120 million daily orders, as instant commerce monthly active users climbed to 300 million.
29 Aug 2025 - 10:17PM
Bitcoin
Eric Trump hails China’s crypto power at Hong Kong’s bitcoin summit
The younger Trump, in Hong Kong to promote his American Bitcoin venture with Hut 8, delivered one of the highlights during the two-day event.
29 Aug 2025 - 8:25PM
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Semiconductors
China’s ‘little Nvidia’ warns investors of risks after stock gains 533% in year
Cambricon also reminds investors that it is subject to US export restrictions that make it vulnerable to supply chain risks.
29 Aug 2025 - 9:08PM
Cambricon reminded investors that it was subject to US export restrictions that made it vulnerable to supply chain risks. Photo: Shutterstock Images
Tencent
Tencent counts on Chinese AI tools demand to lift overseas cloud business
Tencent says there is a lot of opportunities to bring Chinese open-source AI models to overseas clients.
29 Aug 2025 - 1:32PM
Business of climate change
China to have 300,000 driverless taxis in 4 top-tier cities by 2030: UBS
‘Given the fast development of technologies and the increasingly expensive labour cost, autonomous vehicles’ will drive productivity: UBS.
29 Aug 2025 - 11:00AM
Artificial intelligence
Elon Musk’s xAI enters agentic coding arena with new model
The grok-code-fast-1 model will be available for free for a limited time.
29 Aug 2025 - 10:09AM
Blockchain
Exclusive
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Hong Kong can rival US, UAE as a crypto hub, Binance founder CZ says
Zhao Changpeng advocates for quick policy changes, as Hong Kong seeks to become a virtual asset hub while minimising financial risks.
29 Aug 2025 - 9:56AM
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Binance founder Zhao Changpeng, known as CZ. Photo: Handout
Blockchain
Bitcoin Asia kicks off as Hong Kong aims to balance hub goal with risk
In its second Bitcoin Asia conference, experts said Hong Kong could become a hub for shaping the global digital asset regulatory landscape.
29 Aug 2025 - 9:20AM
Artificial intelligence
Chinese AI model developers seek fast commercial adoption as training costs fall
AI penetration rate in China’s finance, government, telecoms and healthcare sectors are each in excess of 60 per cent, Frost & Sullivan says.
28 Aug 2025 - 9:00PM
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Artificial intelligence
SenseTime’s AI growth surges, as China advances nationwide initiative
The company attributes the results to ‘tremendous growth’ in demand for training, fine-tuning and inference of generative AI models.
28 Aug 2025 - 8:37PM
A SenseTime sign seen at the World Artificial Intelligence Conference in Shanghai. Photo: Reuters
Artificial intelligence
Baidu unveils AI computing platform powered by Chinese-designed chips
The Baige 5.0 infrastructure platform aims to raise the efficiency of DeepSeek’s open-source AI models.
28 Aug 2025 - 4:56PM
Huawei
Huawei unveils drive storage products to help AI computing
Huawei’s latest move is part of its efforts to develop a comprehensive ecosystem in AI technology.
27 Aug 2025 - 8:36PM
Meituan
Meituan sales weaken, profit plummets amid ‘irrational’ delivery price war
Meituan’s second-quarter net profit plunged 96.8 per cent to 365.3 million yuan from 11.4 billion yuan a year earlier.
27 Aug 2025 - 10:45PM
Artificial intelligence
Alibaba’s new open-source AI model turns photos into film-quality clips
The Wan2.2-S2V model generates expressive, film-quality character videos from an audio clip and a static image.
27 Aug 2025 - 6:00PM
Alibaba Cloud’s Wan2.2-S2V model can be downloaded from the firm’s ModelScope open-source community, as well as from online developer platforms Hugging Face and GitHub. Photo: Shutterstock
Artificial intelligence
OpenAI plans to update ChatGPT as parents sue over teen’s suicide
The company said it will update ChatGPT to better recognise and respond to different ways that people may express mental distress.
27 Aug 2025 - 10:59AM
Future of transport
Pony.ai eyes ‘sizeable fleet’ in Hong Kong, unfazed by Tesla robotaxi competition
Pony.ai’s optimism reflects its achievement as the only firm to operate robotaxi services in the mainland’s four most developed cities.
27 Aug 2025 - 7:46AM
Semiconductors
DeepSeek’s V3.1 model emerges as ‘key pillar’ for China’s chip self-sufficiency
‘China’s AI development is entering a stage of software-hardware collaboration,’ Cinda Securities says.
26 Aug 2025 - 9:33PM
HIGHLIGHTS FROM
China Future Tech
Tech War
Tech war: Huawei executive claims victory over US sanctions with tech ecosystem
29 Aug 2025 - 9:00PM
Tech Trends
Chinese humanoid robot maker UBTech gets US$1 billion funding boost
2 hours ago
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Big Tech
South Korea’s Samsung, SK Hynix stocks sag after US revokes China chip permits
3 hours ago
China Business
Tesla China cuts price of new Model 3 as moment of truth nears
5 hours ago
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Tech War
China’s ‘little Nvidia’ warns investors of risks after stock gains 533% in year
29 Aug 2025 - 9:08PM
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