China

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China’s Sugon unveils new AI infrastructure to rival platforms from Nvidia and Huawei

Beijing-based Sugon, listed in Shanghai as Dawning Information Industry, on Thursday unveiled its scaleX platform at an event in Kunshan,…

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Secure Arctic shipping route essential for China, senior official says

The Arctic shipping route is essential to safeguard China’s development over the next decade, a senior Chinese official said in…

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China discovers Asia’s largest undersea gold deposit off Jiaodong Peninsula

China has discovered its first undersea gold deposit – the largest in Asia – marking a breakthrough as Beijing steps…

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Tech pivot: Chinese AI, chip start-ups court global investors with Hong Kong listing plans

More Chinese artificial intelligence firms and chipmakers are turning to Hong Kong for fundraising, testing the appetite of global investors…

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China cuts US Treasury holdings to lowest level since 2008 amid debt ceiling fears

China reduced its US Treasury holdings in October to its lowest level in 17 years, as mounting concerns over US…

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Hong Kong’s focus on AI breakthroughs entices healthcare and robotics firms

Artificial intelligence (AI) – computer systems that can copy intelligent human behaviour – is rapidly transforming our world. The growing…

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China’s pharmaceutical sector moves into the big leagues as a global innovation powerhouse

China is gaining a solid reputation as a pharmaceutical innovation hub, shifting from a copycat drug maker to one whose…

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Can rising lithium costs save China’s energy storage firms from a brutal price war?

China’s energy storage firms, battered by a three-year price war, have been jolted by lithium battery maker Deegares, which has…

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HKEX proposes slashing board lot variations to boost liquidity, enhance market efficiency

The Hong Kong stock exchange has proposed standardising board lot sizes, reducing the number of trading units from more than…

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China confirms issuing of first general licences for rare earth exports

Beijing confirmed on Thursday that it has begun granting general licences with lengthier terms for exports of rare earth elements…

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