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Manus has effectively shattered the fixation on ‘Ivy League’ degrees and marquee work histories. Photo: Shutterstock

Business

Multibillion Manus deal delights, but raises spectre of a China AI exodus

Meta’s acquisition of Manus has opened a new cash-out path for China’s AI founders, but also sparked concerns over a brain drain.

Former DJI self-driving unit seeks edge in adapting drone tech to heavy vehicles

Nvidia asks chipmaker TSMC to ramp up H200 production amid China demand: sources

China Business

China AI start-up MiniMax kicks off US$538 million Hong Kong IPO

Start of Shanghai-based company’s share sale follows launch of rival Zhipu’s US$560 million IPO a day earlier.

The company said it would start trading under stock code 0100 on January 9, with pricing expected on January 7. Photo: Shutterstock
The company said it would start trading under stock code 0100 on January 9, with pricing expected on January 7. Photo: Shutterstock

Big Tech

Exclusive | ByteDance to pour US$14 billion into Nvidia chips in 2026 as AI demand surges

Chinese unicorn’s computing needs have climbed across its portfolio of popular apps, cloud unit Volcano Engine and large language models.

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Tech Trends

China-founded Tripo AI updates 3D content platform as users more than double

‘This shows that we’re on the right track,’ founder and CEO Simon Song Yachen says.

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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.

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

Big Tech

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

Deal will bring Singapore-based Manus’ ‘leading agent to billions of people’, Meta says.

Big Tech

Huawei hails Ascend AI ecosystem as Atlas 900 supernode rolls out

Chairwoman Meng Wanzhou hails company’s breakthroughs in 2025, vowing to take advantage of ‘strategic opportunities’ in AI.

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

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.

Insilico is training and testing an AI-powered drug-discovery tool to enable faster, cheaper and more successful drug discovery. Photo: Handout
Insilico is training and testing an AI-powered drug-discovery tool to enable faster, cheaper and more successful drug discovery. Photo: Handout

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.

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.

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.

A Dreame 10s Ultra robot vacuum cleaner. Photo: Dreame

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.

AI is helping accountants take on new and different job roles, according to KPMG. Photo: Getty Images
AI is helping accountants take on new and different job roles, according to KPMG. Photo: Getty Images

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.

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.

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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

Business

Multibillion Manus deal delights, but raises spectre of a China AI exodus

Manus has effectively shattered the fixation on ‘Ivy League’ degrees and marquee work histories. Photo: Shutterstock

Global Economy

Nexperia, Wingtech set for fresh face-off in January with US$8 billion at stake

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Flags fly next to a logo of Nexperia at the facade of its factory in Dongguan, Guangdong province, amid a diplomatic standoff between China and the Netherlands over the company. Photo: Reuters

Big Tech

Nvidia asks chipmaker TSMC to ramp up H200 production amid China demand: sources

The exact additional volume of H200 chips Nvidia intends to order from semiconductor foundry TSMC remains unclear. Photo: Shutterstock

China Business

Beijing renews trade-in subsidy scheme amid domestic car market’s gloomy outlook

A BYD electric car at an exhibition in Shanghai. Buyers of an electric vehicle for replacement purposes would get a subsidy equivalent to 12 per cent of the newly bought car’s price. 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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