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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

China’s viral Labubu toy has an unlikely fan – the ruling Communist Party

As Chinese companies ponder how best to market their products internationally, the example set by Pop Mart – the Beijing-based…

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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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New Business

Chinese premier says officials must adapt to ‘complex and severe’ situation

Chinese Premier Li Qiang has urged the nation’s officials to improve their ability to anticipate challenges and accurately implement policies…

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New Business

After heated London talks, where do China-US trade relations stand?

After two days of closely watched trade talks between the United States and China in London, US President Donald Trump…

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New Business

Developing | Chery’s stock to debut in third quarter as carmaker uses Hong Kong as global springboard

Chery Automobile, China’s second-largest automobile maker by volume, is aiming to complete its initial public offering (IPO) in Hong Kong…

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New Business

Horizon Robotics plans to raise US$595 million in Hong Kong share placement

Horizon Robotics, which makes artificial intelligence chips for self-driving cars, plans to raise around HK$4.67 billion (US$595 million) with a…

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New Business

China approves world’s biggest amphibious plane, AG600, for mass production

China’s home-grown AG600, the world’s largest amphibious aircraft, has been given the green light for mass production, marking a step…

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New Business

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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New Business

China, US reach a ‘done deal’, Trump says, pending sign-off by President Xi

China and the US have reached a “done deal” that includes rare earth exports from China and Chinese students attending…

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