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Chinese AI champion iFlytek sets up new entity to expand into semiconductor design

The new entity, Shandong Yixun Information Technology, was incorporated last week with a registered capital of 50 million yuan (US$7.1…

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New Business

Nvidia aims to start H200 AI chip shipments to China by mid-February, sources say

The US chip designer plans to fulfil initial orders from existing stock, with shipments expected to total 5,000 to 10,000…

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

The success of the government’s Hong Kong Investment Corporation (HKIC) in establishing an ecosystem for start-ups to raise funds has…

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

Three in four multinational corporations (MNCs) operating in mainland China have maintained or increased their investments in 2025, according to…

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Exclusive | Old lender, new twist: Shanghai Commercial Bank teams up with HashKey on credit card

One of Hong Kong’s oldest lenders is stepping up its push into digital finance, teaming up with newly listed digital…

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SenseTime pushes open-source AI model to provide a ‘smart brain’ for every robot

Chinese artificial intelligence pioneer SenseTime has open-sourced a “world model” and kicked off its foray into the burgeoning field of…

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New Business

Xiaomi launches open-source model to compete against DeepSeek, Moonshot, OpenAI systems

Available worldwide on Xiaomi’s developer site MiMo Studio, Hugging Face and the API Platform, MiMo-V2-Flash “particularly excels in reasoning, coding…

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Chinese expert calls for world models and safety standards for embodied AI

Speaking on Saturday at an industry event in Shanghai, Yao said core capabilities such as “reasoning, planning and control should…

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Macroscope | From climate change to health, global problems need investors to step up

People love to hate governments, and they loathe having to pay taxes. However, from now on, we’ll have to embrace…

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New Business

China’s copper heartland vows to build US$28 billion empire, dominate in global market

A key industrial hub in eastern China is launching a push to transform itself into one of the world’s top…

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