Alibaba Group Holding

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Hong Kong stocks fall on rising geopolitical tensions

Hong Kong stocks dropped on Friday as rising geopolitical tensions dimmed investors’ appetite for risk assets. The Hang Seng Index…

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New Business

ByteDance, SenseTime unveil model updates as China’s AI race heats up

China’s artificial intelligence (AI) market sees heightened competition, as various model providers – from SenseTime to ByteDance – step up…

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New Business

Hong Kong stocks fall on US trade threats and interest rate uncertainty

Hong Kong stocks fell on Thursday, following declines in the US, as investors grappled with new trade threats from Washington…

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Alibaba’s Joe Tsai says open-sourcing its AI models will boost firm’s cloud business

Alibaba Group Holding chairman Joe Tsai said that open-sourcing large language models (LLMs) would spur a surge in artificial intelligence…

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Hong Kong stocks rise as US, China negotiators gear up for trade talks

The Hang Seng Index rose 1.3 per cent to 24,109.48 at 9.55am local time. The Hang Seng Tech Index jumped…

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Chinese AR glasses maker Rokid prepares for global launch on AliExpress during 618 event

Rokid, a Chinese maker of augmented reality (AR) glasses, is set to launch its latest AR Spatial eyewear globally through…

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Huawei claims better AI training method than DeepSeek using own Ascend chips

Researchers working on Huawei Technologies’ large language model (LLM) Pangu claimed they have improved on DeepSeek’s original approach to training…

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Hong Kong stablecoin law draws mainland attention as Citic anticipates tokenisation boom

Hong Kong’s move to legalise stablecoins – cryptocurrencies that maintain a fixed value by being pegged to a reference asset…

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Temu, Pinduoduo owner PDD faces profit challenge amid Trump tariffs, domestic competition

Chinese discount e-commerce giant PDD Holdings, operator of Temu and Pinduoduo, faces increased profitability challenges amid US President Donald Trump’s…

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Ant International: numerical AI model is the GPT of financial services

Ant International predicts that its artificial intelligence (AI) model for foreign exchange (FX) could have as large an impact on…

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