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China Future Tech
A man walks past an Alibaba display featuring the Olympic rings outside an Alibaba office building in Shenzhen, Guangdong province, on Tuesday. Photo: Getty Images

Big Tech

Alibaba CEO signals capex boost as China tech giant forges full-stack AI path

Alibaba’s quarterly revenue arrived largely in line with estimates as the tech giant disclosed its first AI sales data, and in early US trading, the shares jumped 6%.

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AI | Tencent misses first-quarter revenue estimates, bets on AI for new growth

How ByteDance plans to turn OpenClaw craze into a profitable AI business

Banking & Finance

Hong Kong-listed firm uses AI to make nano-rockets to deliver life-saving drugs

METiS TechBio debuts on Hong Kong stock market as its CEO compares the drug design start-up to SpaceX for the pharmaceutical industry.

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METiS TechBio debuts on Hong Kong stock market and raises HK$2.11 billion (US$269.5 million) from the sale of 201.23 million shares at HK$10.50 each. Photo: Jelly Tse
METiS TechBio debuts on Hong Kong stock market and raises HK$2.11 billion (US$269.5 million) from the sale of 201.23 million shares at HK$10.50 each. Photo: Jelly Tse

Tech Trends

China’s chip dream: Loongson challenges Intel, fuelled by Beijing’s tech drive

Since its launch in November 2023, the 3A6000 has been adopted in a Chinese government-backed IT replacement programme called ‘XinChuang’.

Big Tech

China’s booming tech exports give Beijing ‘wind in its sails’ for Trump summit

The role of tech products in April’s trade data reflects how computing-related goods are a ‘new and important growth driver’ for exports.

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Policy

Tencent wins conditional antitrust approval for US$2.4b Ximalaya acquisition

The State Administration for Market Regulation cleared the deal on Tuesday, but imposed five conditions.

Tencent announced its plan to acquire Ximalaya last June through its subsidiary Tencent Music Entertainment Group. Photo: Shutterstock Images
Tencent announced its plan to acquire Ximalaya last June through its subsidiary Tencent Music Entertainment Group. Photo: Shutterstock Images

Tech Trends

JD.com reports 53% decline in first-quarter profit to US$750m

The subdued results came after the firm reported its first quarterly loss in the fourth quarter last year amid an ongoing price war.

China Business

China’s Hengrui seals US$15.2 billion deal with US pharmaceutical giant BMS

Company’s shares jump in Hong Kong and Shenzhen after tie-up that bolsters China’s growing drug innovation profile.

Tech Trends

Unitree debuts US$574,000 ‘mecha’ robot that ‘transforms’ from 2 legs to 4

The GD01 expands the Hangzhou-based company’s portfolio at a time when Chinese manufacturers are significantly outstripping their US rivals.

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The Unitree GD01 ‘mecha’ robot seen in bipedal mode. Photo: Handout

Tech Trends

AI | Kuaishou shares soar as Kling AI eyes US$20b valuation in potential spin-off

The Chinese short-video platform’s shares jumped as much as 10 per cent amid US$20 billion valuation of spin-off, Tencent investor talks.

The logo of Chinese short-video platform Kuaishou is displayed on a smartphone screen in Jinan, Shandong province. Photo: Getty Images
The logo of Chinese short-video platform Kuaishou is displayed on a smartphone screen in Jinan, Shandong province. Photo: Getty Images

Big Tech

SMIC founder warns against ‘blind pursuit’ of cutting-edge nodes

Richard Chang’s rare public remarks highlight importance of mature chips to China’s supply chain security.

Global Economy

China’s AI ascent leaves Trump a stark choice: escalate or relax chip controls?

Beijing and Washington are locked in an era-defining contest – and China’s rapid technological progress raises questions about limits of containment.

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Tech Trends

China deepens footprint at AI conference despite NeurIPS dispute, US tensions

Alibaba, ByteDance, other Chinese tech giants top paper submissions in conference, quelling worries over geopolitics impacting participation.

Alibaba submitted 135 papers, followed by Huawei with 111, ByteDance with 107 and Tencent Holdings with 94. Photo: AP

Policy

Huawei’s chip research gains attention ahead of Trump visit to China

Tech giant’s advances in AI and semiconductors reflect Beijing’s push for tech breakthroughs and self-sufficiency amid US sanctions.

Huawei’s chip progress is being closely watched for signs of China’s ability to overcome Western export restrictions. Photo: Shutterstock
Huawei’s chip progress is being closely watched for signs of China’s ability to overcome Western export restrictions. Photo: Shutterstock

Tech

Alibaba taps into China’s ‘chat to buy’ trend by connecting Qwen AI with Taobao

Move underscores strategy by China’s technology firms to revamp their flagship e-commerce platforms via an accelerating AI push

Big Tech

China ranks third in global index for AI competitiveness in life sciences

China listed behind only the US and UK, reflecting the country’s ‘major scale’ in AI, biotechnology and talent, says data consortium.

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Tech

Prognosis positive: how AI could help China bridge the medical resources gap

Hospitals, medical professionals and patients stand to benefit as country pushes to integrate AI into healthcare sector.

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Illustration: Henry Wong
Illustration: Henry Wong

Big Tech

As DJI duels Insta360, China sharpens global hardware edge amid US scrutiny

Western competitors like GoPro face shrinking footprints as strategic shifts of Chinese firms disrupt the status quo while navigating FCC-led national security bans.

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Blockchain

Has Hong Kong laid the groundwork to become a world-leading crypto hub?

With its regulatory clarity and superconnector edge, the city is drawing global crypto firms as it emerges as a premier Web3 hub.

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Big Tech

Why China’s tech giants cannot afford to lose the global AI race

AI rivalry is challenging the traditional strategies of China’s ‘big tech’ firms and how they have monetised their products in the past.

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

Big Tech

China’s booming tech exports give Beijing ‘wind in its sails’ for Trump summit

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Chinese trade received a significant boost from the technology sector in April. Photo: Shutterstock Images

Big Tech

AI | Tencent misses first-quarter revenue estimates, bets on AI for new growth

People walk in front of the Tencent headquarters building in Shenzhen. Photo: EPA

China Business

Tesla lures budget-conscious Chinese buyers ahead of state visit by Trump

People walk past a Tesla showroom inside a shopping mall in Chongqing, China, on June 23, 2025. Photo: Getty Images

China EVs

Chinese brands eye Europe; Geely joins Chery, BYD profit slide: 7 EV reads

A humanoid robot poses at a BYD booth beside an electric vehicle at the Beijing auto show. Photo: Kyodo

Tech Trends

How ByteDance plans to turn OpenClaw craze into a profitable AI business

The logo of OpenClaw, an open-source AI assistant. Photo: Reuters
MORE IN China Future Tech
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OPINION
Zhou Xiaoming

Opinion | How US tech hegemony is locking out the Global South

Zhou Xiaoming
4
Nicholas Spiro

The View | Energy crisis showcases strengths of China’s data centre market

Nicholas Spiro
Ran Guo

Opinion | World may find itself ‘in a very Chinese time’ of data governance

Ran Guo
Zongshuai Fan

Opinion | Beyond subsidies: what’s really driving China’s industrial climb

Zongshuai Fan
Richard Harris

Opinion | My finance expertise was no defence against online scammers

Richard Harris
Xiao Qian

Opinion | US-China AI race must strike a balance between security and openness

Xiao Qian
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MULTIMEDIA
Video

China’s Unitree unveils manned mecha

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Video

What is this robot at the Met Gala?

Met Gala robot wows on the red carpet
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Hangzhou’s ‘robocops’ direct tourist traffic

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Sophia the robot makes classical music debut

Humanoid robot Sophia performs during a rehearsal with the Hong Kong Baptist University (HKBU) Symphony Orchestra ahead of its 2026 Annual Gala Concert, in Hong Kong, China, April 29, 2026. REUTERS/Tyrone Siu
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