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New Business

Hong Kong’s pivot to hi-tech development gets boost as city hosts global AI summit

In his video address to the conference held in the Hong Kong Science Park, Chief Executive John Lee Ka-chiu said:…

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New Business

AI is reshaping US-China tech race – can electricity tilt the balance?

China’s state-owned power grid giant has pledged to increase fixed-asset investment by 40 per cent over the next five years,…

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New Business

Chinese power stocks surge on State Grid’s record US$574 billion investment plan

Shares of Chinese electricity and grid equipment makers surged after State Grid unveiled a 4 trillion yuan (US$574 billion) plan…

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New Business

Hong Kong stocks advance as AI optimism boosts investor appetite

Hong Kong stocks rose on Friday, tracking Wall Street’s gains, as a strong earnings outlook from Taiwan Semiconductor Manufacturing Company…

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Chinese firms to incur higher costs for deploying advanced AI chips from US: analysts

Chinese companies are expected to shoulder higher costs for deploying advanced chips from the US, owing to a new 25…

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New Business

Hong Kong, Shenzhen push secure data corridor to unlock AI and fintech opportunities

Hong Kong and Shenzhen are establishing a white list for data transfers as part of an overarching effort to forge…

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New Business

Hong Kong, Shenzhen ‘to deepen’ ties in finance and AI to build world-class fintech hub

Hong Kong and Shenzhen can work closely to empower finance with artificial intelligence, delegates said on Thursday at the China…

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New Business

Why China may buy Nvidia’s H200 chips as Trump eases curbs – and replace them later

China is likely to accept Nvidia’s H200 artificial intelligence (AI) chips following US clearance, driven by immediate demand in the…

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New Business

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic…

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New Business

The AI boom needs electricity, but Western grids are strained. Is power China’s power?

Near the end of last year, thousands of European travellers saw their holiday plans unravel after a prolonged power outage…

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