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Hangzhou
The latest news, analysis and opinion on Hangzhou. In-depth analysis, industry insights and expert opinion.
Head of Government
Party Secretary of Hangzhou Liu Jie
Manycore Tech is positioning itself at the intersection of artificial intelligence and the physical world. Photo: Getty Images
IPO

Manycore, one of Hangzhou’s ‘Six Little Dragons’, surges on Hong Kong IPO debut

The company’s listing highlights its pivot from design tools to advanced AI-driven spatial platforms as it eyes overseas growth.

Technology

BrainCo’s brain-computer interface wows at HSBC summit with mind-controlled hand

China exports

China, the Iran war and the chemical suddenly stoking global supply fears

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Artificial intelligence

DeepSeek ramps up hiring ahead of V4 launch as chip strategy questions swirl

New roles in Inner Mongolia point to expansion of computing capacity ahead of V4 release, fuelling speculation over chip sourcing.

DeepSeek’s hiring push comes ahead of the expected debut of its next-generation flagship model, V4. Photo: AFP
Robotics

Unitree to debut cheapest humanoid robot globally via Alibaba: sources

The international launch of the company’s cheapest humanoid robot next week is expected to cover North America, Europe, Japan and Singapore.

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CATL

CATL expands green energy footprint with 45% stake in Hangzhou Zhonhen Electric

As part of the deal, CATL will be entitled to appoint one board director and one general manager of the listed company.

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IPO

Hangzhou ‘Six Little Dragons’ member Manycore seeks US$130m from Hong Kong IPO

The spatial design software developer is selling 161 million shares priced between HK$6.72 and HK$7.62 each, with listing set for April 17.

Manycore’s flagship products include its spatial design platform Kujiale, also known as KuSpace, and its international offering Coohom. Photo: CFOTO/Future Publishing via Getty Images
Architecture and design

From Hong Kong’s Taikoo Square to Seoul’s Gangnam forest and Chengdu’s Hyperlane, nature is reshaping Asia’s cities

Urban greening is evolving: Asian cities are embracing biodiverse urban forests, moving beyond mere decoration to create ecological, human-centric spaces.

Artificial intelligence

China’s DeepSeek adds expert chatbot mode ahead of much-awaited V4 release

The Hangzhou start-up’s latest chatbot update sparks speculation over whether the expert mode is linked to the long-delayed V4 model.

Artificial intelligence

Chinese AI glasses maker Rokid planning Hong Kong IPO: sources

Listing plan comes as giants Apple, Meta, Alibaba, Baidu, Xiaomi and Huawei, plus start-ups like Xreal, Rayneo, anticipate market growth.

A staff member demonstrates a pair of smart glasses developed by Hangzhou-based Rokid at a store in Yingtan, in east China’s Jiangxi province, on July 10, 2025. Photo: Xinhua
Robotics

Meter running: CaoCao backs heavy-asset play to scale robotaxis

Geely-backed firm targets 100,000 autonomous vehicles by 2030, banking on tighter control of cars, tech and operations to drive efficiency.

Chinese ride-hailing company CaoCao, backed by Geely, is betting on a heavy-asset strategy to emerge as a leading robotaxi operator. Photo: Handout
Hong Kong politics

University town to be fast-tracked, Eric Chan says after mainland China visit

Hong Kong’s No 2 official also says authorities will devise plan to attract top institutions from across border and overseas to take part.

Robotics

UBTech powers up as humanoid robot sales jump 23-fold

Rapid growth in ‘embodied intelligence’ is beginning to translate into real orders as Chinese robotics firms scale production.

IPO

Breathing fire: Manycore first of the ‘Six Little Dragons’ to near Hong Kong IPO

Spatial intelligence firm moves ahead of tech peers after clearing a key Hong Kong listing hurdle.

Hangzhou-based Manycore, operator of the world’s largest spatial design platform. Photo: Weibo
DeepSeek

‘I no longer knew how to work without it’: DeepSeek outage cuts off millions

Chinese AI start-up restores chatbot service by Monday morning after overnight disruption affects millions of users.

DeepSeek issued fixes between 1am and 9am on Monday. Photo: Xinhua
Banking & finance

Tong Ren Tang unit pulls Hong Kong IPO in first postponement this year

Hospital-network operator delays plan to raise up to US$115 million amid tepid demand.

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IPO

China’s Unitree Robotics rides humanoid tide as it targets US$610m IPO

Prospectus reveals that company’s revenue jumped 335 per cent last year, while net profit surged nearly eight times.

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Banking & finance

Hong Kong attracts wave of biotech IPO filings amid AI drug research boom

More than 10 pre-profit drug developers are seeking Hong Kong listings as AI-powered biotech platforms draw growing investor interest.

The latest applications come as healthcare and biotechnology equity capital market activity in Hong Kong reached US$15.6 billion last year. Illustration: Shutterstock
OpenClaw

Inside the OpenClaw AI mania in China, as security fears and enthusiasm surge

Appeal of autonomous AI agent spurs rapid adoption across country, from tech pros to retirees seeking a ‘digital staff’, but data wipes mar its rise and trigger warnings.

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Science

Could China’s gallium oxide leap leave F-22 radar 2 generations behind?

Chinese team’s semiconductor tech research combines power and memory, allowing for smaller and more powerful military electronics.

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Science

Chinese firm claims it intercepted B-2 radio signal during US strike on Iran

Defence technology company says its Jingqi monitoring system detected communications after bombing mission.

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A United States Air Force B-2 stealth strategic bomber. Photo: Handout
Two Sessions 2026

China’s top court says it treats AI cases with care without stifling innovation

Supreme People’s Procuratorate says 4,739 individuals prosecuted last year in cases related to ‘data security breaches’.

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In an annual work report presented to the NPC, the president of China’s supreme court says courts “properly adjudicated cases” involving AI and “accurately grasped the ‘margin for error’ in technological innovation”. Photo: Reuters
Two Sessions 2026

China’s eastern, southern economic powerhouses vie for innovation leadership

Officials from Yangtze River Delta, Greater Bay Area outline ambitions after Xi Jinping calls on provincial economies to drive development.

SCMP Highlights

Hangzhou’s fine-dining scene; ‘nostalgia-posting’ trend: 7 Lifestyle highlights

From TCM’s ‘miracle pill’ to the benefits of working past retirement age, here are seven stories from SCMP’s recent reporting.

China-Germany relations

Opinion | Merz’s China visit shows pragmatic diplomacy still matters

The German chancellor’s trip to Beijing suggests that Europe can de-risk from China while still pursuing mutually beneficial cooperation.

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German Chancellor Friedrich Merz visits the Forbidden City in Beijing on February 26. Photo: AFP
Artificial intelligence

Jack Ma, Alibaba leaders call for education overhaul in the age of AI

Time spent memorising textbooks could be freed up to cultivate creativity and imagination, according to Ma, the founder of Alibaba.

From left, Jack Ma, Joe Tsai and Eddie Wu discuss AI at a school in Hangzhou on Tuesday. Photo: qq.com
Made in China 2025

Hong Kong-listed Chinese drug firms set to turn corner on rising sales, deals

Chinese pharmaceutical firms are poised for profit growth, driven by innovative drug sales and licensing deals, despite pricing pressures.

Robotics

Germany’s Merz meets China’s tech vanguard, including Alibaba and Unitree CEOs

Hangzhou visit reflects Germany’s attempt to work further with the engines of China’s digital and robotics economy.

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