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Tech

Tech Trends
Tech War
Big Tech
Policy
China Future Tech
3SBio was established in 1993 with an initial focus on interferons, a type of protein that helps the immune system. Photo: Handout

Big Tech

Chinese biotech firm secures Pfizer deal despite trade tensions

Pfizer will produce the drug, which targets lung and colorectal cancers, in the US and take a US$100 million stake in China’s 3SBio.

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Alibaba lands US$250 million convertible bonds deal with selfie app giant Meitu

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Nvidia CEO blasts US AI chip restrictions on China as a ‘failure’

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Tech Trends

China accuses ‘AI tigers’ Zhipu, Moonshot of collecting excessive data

Zhipu’s ChatGLM and Moonshot’s Kimi have a combined total of nearly 35 million monthly active users.

Zhipu AI CEO Zhang Peng speaks on stage during the company’s developers’ day in Beijing in January 2024. Photo: Sohu/AGI元年
Zhipu AI CEO Zhang Peng speaks on stage during the company’s developers’ day in Beijing in January 2024. Photo: Sohu/AGI元年

Big Tech

Alibaba and DeepSeek’s home province aims to become AI hub through big spending

A new plan from the Zhejiang government will see billions of yuan spent through 2027 to support AI companies and attract ‘top talent’.

Big Tech

Google unveils flurry of upgrades as AI threatens search business

The tech giant has announced an AI mode for all search users in the US, as well as more advanced capabilities via subscriptions.

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Tech War

Alibaba.com sees jump in US buyer activity after US-China tariff truce

Inquiries from the US on Alibaba’s B2B marketplace surged over 40 per cent the week after Washington and Beijing hit pause on the trade war.

US buyers sent a flurry of new inquiries to sellers on Alibaba.com after the US and China agreed to a 90-day pause in tariffs. Photo: Shutterstock
US buyers sent a flurry of new inquiries to sellers on Alibaba.com after the US and China agreed to a 90-day pause in tariffs. Photo: Shutterstock

Big Tech

Nvidia CEO Jensen Huang calls US ban on H20 AI chip ‘deeply painful’

Huang said AI was a ‘full-stack thing’, which meant protecting one layer at the expense of everything else was ‘nonsensical’.

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Tech War

Xiaomi’s new 3-nanometre chip takes on rival products from Apple, Qualcomm

The chip marks another milestone for China’s technology self-sufficiency drive amid tightened US export controls on advanced semiconductors.

Tech Trends

China smartphone exports to US, including iPhones, plunge to lowest since 2011

China’s smartphone exports slid 72 per cent to just under US$700 million in April, as Trump’s tariffs campaign disrupts tech supply chains.

The drop in China’s smartphone exports to the US underscore how Trump’s tariffs are choking off the flow of big-ticket goods between the two countries. Photo: Shutterstock

Big Tech

Huawei flexes with US$3,300 foldable tablet running HarmonyOS

Huawei has launched a foldable-screen laptop and a more traditional MateBook Pro with home-grown tech after being cut off from Microsoft and Intel.

Huawei has launched its first foldable-screen laptop running its self-developed HarmonyOS operating system. Photo: Huawei Technologies
Huawei has launched its first foldable-screen laptop running its self-developed HarmonyOS operating system. Photo: Huawei Technologies

Big Tech

Foxconn invests in India as Apple moves iPhone production from China

Apple is looking to import most of the iPhones it sells in the US from India by the end of 2026.

Big Tech

Xiaomi now one of China’s biggest semiconductor investors, founder Lei Jun says

Lei said Xiaomi has allocated US$6.9 billion for semiconductor development in China over a 10-year period.

Big Tech

Ant Group’s global unit pulls in US$3 billion in revenue ahead of spin-off

Ant International could fetch an IPO valuation of between US$8 billion to US$24 billion if it lists in Hong Kong, analysts say.

The Ant Group logo seen inside the fintech company’s headquarters in Hangzhou, capital of eastern Zhejiang province. Photo: Reuters

Big Tech

Nvidia’s Huang teases new Taiwan office, supercomputer plans in Computex speech

In his keynote speech at Computex in Taipei, Jensen Huang said Nvidia secured a lease for a new property and is partnering with local firms, including Foxconn.

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Nvidia co-founder and CEO Jensen Huang delivers a keynote speech for Computex 2025 in Taipei on May 19. Photo: AFP
Nvidia co-founder and CEO Jensen Huang delivers a keynote speech for Computex 2025 in Taipei on May 19. Photo: AFP

Banking & Finance

Exclusive | Stellantis, Leapmotor near decision on European production

Leapmotor says production costs likely to rise by 10 per cent compared with former Poland plant, but has no plans to raise prices.

Tech Trends

China’s industrial robot output soars, as Unitree and UBTech take lead

Production of industrial robots in April outpaced increases seen in earlier months amid national enthusiasm around the technology.

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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.

8

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

Tech Trends

Huawei, UBTech team up to bring humanoid robots to factories and homes

UBTech’s Walker robot seen at the company’s offices in Shenzhen. Photo: Edmond So

Big Tech

Chinese biotech firm secures Pfizer deal despite trade tensions

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3SBio was established in 1993 with an initial focus on interferons, a type of protein that helps the immune system. Photo: Handout

Big Tech

Alibaba lands US$250 million convertible bonds deal with selfie app giant Meitu

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Meitu’s strategic collaboration with Alibaba Group Holding covers areas such as e-commerce, artificial intelligence and cloud computing. Photo: Shutterstock

Tech Trends

China accuses ‘AI tigers’ Zhipu, Moonshot of collecting excessive data

Zhipu AI CEO Zhang Peng speaks on stage during the company’s developers’ day in Beijing in January 2024. Photo: Sohu/AGI元年

Business

First blood test to diagnose Alzheimer’s to be available in US in June

Friendly caregiver or nurse in geriatric clinic or retirement home helping senior patient with puzzle. Photo: Shutterstock
MORE IN China Future Tech
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OPINION
Ada Chung Lai-ling

Opinion | Hong Kong firms must take initiative on safe AI practices

Ada Chung Lai-ling
Zhou Xin

My Take | China counts on 3 strategies to survive US tariff and tech war

Zhou Xin
4
Otto Barten

Opinion | Why the world needs the US and China to cut an AI safety deal next

Otto Barten
6
Massoud Amin

Opinion | Trump’s attack on science risks dismantling a century of innovation

Massoud Amin
Brian Y. S. Wong

Opinion | Beware the hubris of an AI narrative centred on the US and China

Brian Y. S. Wong
Zhou Xin

My Take | China’s ‘instant commerce’ is no fast fix for low consumer spending

Zhou Xin
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MULTIMEDIA
Video

Nvidia to build ‘AI supercomputer’ in Taiwan

Nvidia CEO Jensen Huang unveils plan to build ‘AI supercomputer’ in Taiwan
02:17
Video

World’s biggest fleet of driverless mining trucks get to work in China

China rolls out world’s largest fleet of driverless mining trucks powered by Huawei tech
01:22
Video

China’s Manycore bets on AI for a ‘spatial intelligence’ future

China’s answer to Autodesk, Manycore, bets on AI for a future of ‘spatial intelligence’
02:01
Video

Nvidia CEO visits Beijing as US bans AI chips

China a ‘key market’, says Nvidia CEO Huang during Beijing visit as US bans AI chips
01:38
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Tech Trends
CATL set up CharGo last year to enter the mobile electric vehicle charging robot market. Photo: Handout
Electric & new energy vehicles

EV battery maker CATL seeks new growth in clean tech ahead of Hong Kong listing

The company is exploring overseas expansion opportunities and revving up its charging robot initiative through its subsidiary CharGo.

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Hong Kong healthcare investor looks for biotech’s ‘DeepSeek moment’ in China

China’s lack of advanced chips hinders adoption of AI models: Tencent executive

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DeepSeek offers new details on using 2,048 Nvidia chips to train its V3 model

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In a paper co-authored by founder Liang Wenfeng, DeepSeek elaborated on some of the technology behind its foundational V3 model. Photo: Shutterstock

US curbs on Huawei chips add uncertainty to China’s AI investment

The US has clarified its export rules to bar the use Huawei’s AI chips anywhere in the world. Photo: EPA-EFE

Chinese EV maker Xpeng launches AI-chip powered P7 to take on Model 3, SU7

The new P7 will be equipped with Xpeng’s indigenous Turing chip. Photo: Handout

AI platform finds waning usage of DeepSeek as Kuaishou surges in video

Kuaishou unveiled Kling AI 2.0 in April. Photo: Ben Jiang
Tech War
Nvidia CEO Jensen Huang interacts with the media and supporters outside a restaurant in Taipei on May 16. Photo: Reuters
Semiconductors

Nvidia’s two-ton AI systems not easily smuggled to China, CEO says

Huang spoke after joining a US delegation to the Middle East led by President Donald Trump, lauding the opening up of trade of Nvidia’s hardware.

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China’s lack of advanced chips hinders adoption of AI models: Tencent executive

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US curbs on Huawei chips add uncertainty to China’s AI investment

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US lawmakers introduce bill to stop smuggling of AI chips to China

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Trump says he told Apple CEO: ‘I don’t want you building in India’

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Big Tech
CATL set up CharGo last year to enter the mobile electric vehicle charging robot market. Photo: Handout
Electric & new energy vehicles

EV battery maker CATL seeks new growth in clean tech ahead of Hong Kong listing

The company is exploring overseas expansion opportunities and revving up its charging robot initiative through its subsidiary CharGo.

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Chinese esports giant NIP sets global targets with Abu Dhabi expansion

Nvidia’s two-ton AI systems not easily smuggled to China, CEO says

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Alibaba cements AI leadership as cloud unit reports fastest growth since 2022

The Alibaba logo is seen on a smartphone screen in this arranged photograph taken March 20, 2025. Photo: Shutterstock Images

China’s lack of advanced chips hinders adoption of AI models: Tencent executive

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Tencent president Martin Lau says the company “just sort of has to manage” the latest US chip export restrictions. Photo: Shutterstock

DeepSeek offers new details on using 2,048 Nvidia chips to train its V3 model

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In a paper co-authored by founder Liang Wenfeng, DeepSeek elaborated on some of the technology behind its foundational V3 model. Photo: Shutterstock

Huawei’s chip unit doubled revenue last year on back of firm’s smartphone growth

Huawei’s Mate 60, Pura 70 and Mate 70 smartphones use similar Kirin 9000-series chips produced entirely domestically. Photo: Huawei
Policy
A Long March-3B rocket carrying a cluster of BeiDou satellites blasts off from a launch site in southwest China last year. Photo: Getty Images
China manufacturing

BeiDou, China’s version of GPS, now being used over 1 trillion times per day

The Chinese navigation system has ascended to a dominant position in its home market, driving nearly US$80 billion of economic output last year.

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China’s lack of advanced chips hinders adoption of AI models: Tencent executive

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US lawmakers introduce bill to stop smuggling of AI chips to China

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China deploys world’s biggest fleet of driverless mining trucks

Trump’s crypto ‘reset’ cheered by industry calling for more regulatory clarity

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China Future Tech
CATL’s overall carbon emissions fell 34 per cent year on year to 2.1 million tons in 2023. Photo: Reuters
Electric & new energy vehicles

CATL’s EV battery plants to become carbon neutral this year, founder Zeng says

Company will offer its technologies and solutions to its partners globally to promote clean energy.

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Hong Kong’s Phase Scientific gets US$34 million to advance test for HPV

Buy local: China directs state bodies to buy more home-made EVs for official use

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BeiDou, China’s version of GPS, now being used over 1 trillion times per day

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A Long March-3B rocket carrying a cluster of BeiDou satellites blasts off from a launch site in southwest China last year. Photo: Getty Images

China’s weight-loss drug market to lure entrants as Eli Lilly, Novo dominate

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The market for weight-loss drugs could see new entrants among existing biotech firms. Photo: Shutterstock

EV battery maker CATL seeks new growth in clean tech ahead of Hong Kong listing

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CATL set up CharGo last year to enter the mobile electric vehicle charging robot market. Photo: Handout

Hong Kong healthcare investor looks for biotech’s ‘DeepSeek moment’ in China

ORI Capital founder Simone Song Hong Fang, pictured at her Sun Hung Kai Centre office in Wan Chai on April 17, 2021, sees a big opportunity in biotechnology. Photo: Jonathan Wong