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David Chang, founder and CEO of MindWorks, says the number of deals his venture capital firm has been working on has tripled after partnering with HKIC. Photo: Jonathan Wong

Banking & Finance

HKIC ends year on high note but Hong Kong cost of living a drawback for talent

Government-backed fund strengthens VC ecosystem and fosters collaboration, but the city’s high cost of living remains a challenge.

Baidu teams up with Uber, Lyft for London robotaxi launch in first half of 2026

Exclusive | TikTok owner ByteDance’s valuation hits US$500 billion as US plan advances

Tech Trends

Huawei cuts Pura X prices as Samsung and Apple foldables loom

Huawei has cut prices on its widescreen Pura X by as much as 800 yuan, as foldables face fresh pressure from Samsung and Apple launches.

Huawei launched the Pura X, a foldable phone, in March this year. It now faces competition from Samsung and Apple. Photo: Handout
Huawei launched the Pura X, a foldable phone, in March this year. It now faces competition from Samsung and Apple. Photo: Handout

Big Tech

Huawei’s HarmonyOS crosses ‘survival line’ as user base hits 27 million

HarmonyOS 6, the latest iteration, was initially made available to developers in June and released to Chinese consumers in October.

Tech Trends

China bans e-commerce platforms from forcing lowest prices or abusing algorithms

Beijing moves to protect consumers and merchants, with new 29-article regulation tightening oversight of the fast-growing digital economy.

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Tech Trends

Unitree G1 humanoids go viral with synchronised frontflip and Musk endorsement

China continues to dominate in humanoid robotics, and its lead over the US is accelerating, according to a recent Morgan Stanley report.

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Unitree robots dance on stage with singer Wang Leehom in Chengdu last Thursday. Photo: Handout
Unitree robots dance on stage with singer Wang Leehom in Chengdu last Thursday. Photo: Handout

AI

DeepSeek’s shock rise, China’s robot boot camps: 7 AI breakthroughs in 2025

From DeepSeek sending shock waves through tech market to China’s robot boot camps, here are some of the major AI developments of the year.

Banking & Finance

Chinese GPU maker Biren kicks off bookbuilding for US$624 million Hong Kong IPO

The company, which is selling 247.7 million shares between HK$17 and HK$19.60 each, will become the first listing of 2026 on January 2.

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China Business

China’s approval for L3 self-driving cars to stimulate slowing mainland market

Chinese carmakers could sell about 270,000 semi-autonomous vehicles next year, representing 1 per cent of the total market, Daiwa says.

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Semi-autonomous cars with L3 technology are likely to spur sales on the mainland next year. Photo: Reuters

Tech Trends

Moore Threads unveils new AI chips to challenge Nvidia

The Shanghai-listed chipmaker launched the Huashan chip for AI and the Lushan chip for gaming, promising superior performance for both.

Moore Threads’ shares have soared since their debut in Shanghai on December 5. Photo: CFOTO/Future Publishing via Getty Images
Moore Threads’ shares have soared since their debut in Shanghai on December 5. Photo: CFOTO/Future Publishing via Getty Images

Politics

From Labubu to blockbuster films, was 2025 the year of China’s soft power?

Chinese lifestyle brands and other cultural exports proved to be a hit around the world this year, here are some of our most notable stories.

Tech

Building a humanoid robot without China? Then you better bring a bigger wallet

China has issued five times the number of patents related to humanoid robots than the US, says Morgan Stanley.

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Tech

ByteDance raises pay, boosts bonuses to retain staff amid AI talent war

The TikTok owner has announced higher bonuses, wider pay bands and faster equity payouts as it seeks to stay competitive in the global talent race.

ByteDance said its total bonus pool would increase by 35 per cent from a year earlier, while spending on compensation adjustments would rise 1.5 times. Photo: Shutterstock

China Business

Are Chinese biotechs what the doctor ordered as Big Pharma faces ‘patent cliff’?

US drug makers are racing to plug looming ‘patent cliff’ revenue gaps – and increasingly they are turning to China biotechs.

US drugmakers are increasingly looking to Chinese biotechs as an answer to the revenue gaps left by the looming ‘patent cliff’. Illustration by Henry Wong
US drugmakers are increasingly looking to Chinese biotechs as an answer to the revenue gaps left by the looming ‘patent cliff’. Illustration by Henry Wong

Big Tech

China’s humanoid arms race: start-ups debut robots for stores, offices and factories

China’s latest venture-backed robotics contenders are unveiling ever more humanlike machines for reception desks, stores and factory floors.

Tech Trends

China’s Sugon launches AI infrastructure to rival platforms from Nvidia, Huawei

The Beijing-based supercomputer maker says its scaleX platform represents China’s first 10,000-card AI supercluster.

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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
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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

Banking & Finance

Global firms turn to M&A in EVs and biotech to deepen China investment: KPMG

Healthcare and life sciences are the top growth prospects over the next three to five years, according to multinational corporations. Photo: Xinhua

China

Chinese team smashes robot rival as sparks fly at Abu Dhabi showdown

Chinese team Fierce Roc was crowned champion of Battle of the Robots at the Games of the Future Abu Dhabi 2025. Phoo: Handout

Tech Trends

Unitree G1 humanoids go viral with synchronised frontflip and Musk endorsement

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Unitree robots dance on stage with singer Wang Leehom in Chengdu last Thursday. Photo: Handout

AI

DeepSeek’s shock rise, China’s robot boot camps: 7 AI breakthroughs in 2025

DeepSeek is being touted as China’s secret weapon in the artificial intelligence war with the US. Photo: AFP
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OPINION
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
Andrew Sheng

Opinion | Age of AI holds both promise and peril

Andrew Sheng
Jeffrey Wu

Opinion | Why the real AI race is within China and not across the Pacific

Jeffrey Wu
Ningrong Liu

Opinion | The bright side to US-China decoupling and global self-reliance drives

Ningrong Liu
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MULTIMEDIA
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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Video

Chinese firm unveils new lightweight AI glasses

New AI glasses
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