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ByteDance lifted pay floors and ceilings across all job roles to remain globally competitive in talent compensation. Photo: Shutterstock Images

Tech Trends

China’s tech giants offer lavish year-end bonuses amid AI talent war

ByteDance is expanding its bonus pool by 35 per cent from a year earlier, as well as increasing the budget for pay rises by 150 per cent.

China-founded AI start-up Manus acquired by Meta for ‘billions’

Huawei hails Ascend AI ecosystem as Atlas 900 supernode rolls out

IPO Quote Profile

China’s Zhipu AI launches US$560 million share sale amid heated IPO tech race

The company, marketed overseas as Z.ai, eyes US$6.6 billion valuation with Hong Kong’s first large language model listing.

Zhipu AI is moving closer to becoming the first large language model developer listed in Hong Kong. Photo: Shutterstock
Zhipu AI is moving closer to becoming the first large language model developer listed in Hong Kong. Photo: Shutterstock

China Business

China vital to Insilico’s plan to build biotech’s AI ‘Einstein’ for new drugs

US firm, backed by Fosun and Tencent, expands research base in China as it develops an AI-powered drug-discovery tool.

China Future Tech

Trip.com tests stablecoin, offering USDT and USDC for prepaid bookings

The travel platform switched on stablecoin checkout in select markets, a cautious offshore pilot as Beijing keeps crypto crackdown in place.

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AI

ByteDance’s Volcano Engine lands exclusive AI cloud slot at Spring Festival Gala

The Spring Festival Gala’s sponsorship race is intensifying, as tech groups and consumer electronics brands chase exposure and reach.

Volcano Engine sign is seen at the company’s headquarters in Beijing, China. Photo: Shutterstock
Volcano Engine sign is seen at the company’s headquarters in Beijing, China. Photo: Shutterstock

Tech Trends

Chinese robot vacuum maker Dreame gives staff gifts of gold, trip to Antarctica

Dreame’s surprise largesse reflects its robust business growth in 2025, as it remains one of the world’s top robot vacuum cleaner brands.

Banking & Finance

Hong Kong accounting firms plan hiring spree and embrace AI to attract talent

KPMG, Deloitte and EY boost hiring and invest in AI to lift efficiency and attract talent amid rising demand for tech-savvy professionals.

China Business

Xiaomi dips on co-founder’s US$2 billion share sale plan

Co-founder and vice-chairman Lin Bin plans to offload no more than US$500 million in any 12-month period starting in December 2026.

Customers try Xiaomi 17 series smartphones at a Xiaomi store in Nanjing, in eastern China’s Jiangsu province, on September 27, 2025. Photo: VCG via Getty Images

Tech Trends

How a Chinese start-up is scaling 3D printing from sneakers to robots

Materials expert Wang Wenbin founded PollyPolymer in 2017 and developed a mature 3D-printing technology for footwear two years later.

3D-printed footwear accounts for 60 per cent of PollyPolymer’s total revenue. Photo: Handout
3D-printed footwear accounts for 60 per cent of PollyPolymer’s total revenue. Photo: Handout

Tech Trends

Untapped global demand to drive next phase of robotic vacuum growth: Dreame

Europe is Dreame’s largest market for robotic vacuum cleaners, with more than half of its revenue there generated by premium products.

Big Tech

Nexperia China eyes new wafer suppliers amid legal fight with Dutch chipmaker

Nexperia owner Wingtech says the China unit produced more than 11 billion chips since mid-October, despite wafer supply constraints.

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Tech

Chinese researchers unveil new technique for near-instant AI video creation

TurboDiffusion is expected to enable commercial-scale video creation at less cost and a faster pace.

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Chinese researchers attribute the accelerated pace of video generation via TurboDiffusion to AI model training innovation. Photo: Shutterstock

Big Tech

China’s CXMT in crosshairs of South Korean prosecutors over Samsung tech leak

Prosecutors in Seoul indict 10 people, including ex-Samsung executives, for allegedly leaking the firm’s technology to memory chipmaker CXMT.

Seoul prosecutors say the leak of Samsung’s proprietary DRAM technology benefited Chinese memory chip rival CXMT. Photo: AFP
Seoul prosecutors say the leak of Samsung’s proprietary DRAM technology benefited Chinese memory chip rival CXMT. Photo: AFP

Big Tech

Zhipu AI ramps up push towards human-level AI, reiterates open source pledge

The firm’s campaign to engage with the global tech community comes after it unveiled the latest iteration of its flagship GLM model series.

Tech Trends

Chinese EV battery giant CATL and Guoxin Micro set up new automotive chip firm

The two companies expect to launch Tongxin Micro Technology as a developer of automotive domain controller chips.

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Tech War

How Nexperia saga exposes Europe’s waning influence in US-China chip war

The dispute around the Dutch chipmaker shows the erosion of Europe’s geopolitical neutrality in the face of escalating US-China rivalry.

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Nexperia is caught in a geopolitical tussle between the Netherlands and China. Illustration: Lau Ka-kuen
Nexperia is caught in a geopolitical tussle between the Netherlands and China. Illustration: Lau Ka-kuen

Tech War

China’s lesson for the US: it takes more than chips to win the AI race

The AI war is increasingly waged among ‘hyperscalers’ – companies with full-stack capabilities across software, hardware and applications.

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Tech War

How Huawei and DeepSeek are tending the garden of China’s AI aspirations

Amid growing AI rivalry with the US, the two companies are leading China’s drive to shake off the nation’s dependence on Nvidia processors.

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Big Tech

Immediate gratification: instant commerce transforms China’s retail market

Instant commerce has developed over a short period of time, as providers expanded their on-demand delivery coverage beyond food.

Illustration: Henry Wong
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China Future Tech
HIGHLIGHTS FROM
China Future Tech

Tech

China’s Qwen and DeepSeek edge out US AI models in Christian values benchmark

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The questions in FAI-C were reviewed by a panel of Biblical experts, including theologians, pastors, psychologists and scholars of ethics. Photo: SCMP

Tech Trends

China’s tech giants offer lavish year-end bonuses amid AI talent war

ByteDance lifted pay floors and ceilings across all job roles to remain globally competitive in talent compensation. Photo: Shutterstock Images

China Economy

China’s Shenzhen targets AI in ‘every household’ as US tech rivalry heats up

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China’s leadership has identified the importance of AI to national development, including in the proposals for the 15th five-year plan. Photo: Shutterstock

Big Tech

China-founded AI start-up Manus acquired by Meta for ‘billions’

Since its launch, Manus has generated industry buzz for its capabilities as well as its limited and highly sought-after invitation codes. Photo: Shutterstock

Big Tech

Huawei hails Ascend AI ecosystem as Atlas 900 supernode rolls out

The Huawei booth at the Mobile World Congress in Shanghai, June 26, 2024. Photo: AFP
MORE IN China Future Tech
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OPINION
Patrick Winter

Opinion | Asia needs AI talent to fuel its future growth

Patrick Winter
Anthony Rowley

Macroscope | Can AI deliver the economic goods and high returns? Don’t count on it

Anthony Rowley
Jake Sullivan

Opinion | US and China must get serious about AI risk

Jake Sullivan
Christine Loh

Opinion | Arguing about China’s overcapacity overlooks its drive for clean energy

Christine Loh
Winston Mok

Opinion | How China can help Africa build human capital

Winston Mok
James David Spellman

Opinion | Why 2026 will be the year AI hype collides with reality

James David Spellman
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MULTIMEDIA
Video

Hongkongers urged to use eMPF to ward off scams

Hongkongers urged to sign up for eMPF platform as defence against scams
Video

How a Shanghai start-up is digitalising Chinese tea

Safety, verification and trust behind start-up company Teakan Technology’s goal to make traditional Chinese tea digitally traceable
Video

Humanoid robots take centre stage at Shanghai summit

Competitions mainly focused on robotic applications in industrial assembly, home services, flower arranging, healthcare and elderly care, as well as restaurant services
Video

Australia’s under-16 social media ban due to take effect

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