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Mainland developer Greentown to issue US$350 million bond to refinance debt

State-backed developer Greentown China said it would issue a US$350 million bond to help refinance its existing borrowings, the first…

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New Business

Exclusive | Alibaba pairs with Apple to develop AI features for China iPhones: sources

China’s Alibaba Group Holding has entered a partnership with US consumer electronics giant Apple to develop AI features for iPhones…

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New Business

Jack Ma visits second-hand marketplace Xianyu as Alibaba’s AI grabs attention

Photos and video clips shared by Xianyu employees showed Ma, 60, sporting a vest emblazoned with the Alibaba logo and…

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New Business

Alibaba offers more DeepSeek AI models at low prices, denies investment rumours

Alibaba’s cloud computing and AI unit is offering six new DeepSeek models through its large language model (LLM) service platform…

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New Business

Hangzhou emerges as new tech hub with ‘Little Dragons’ like DeepSeek, Unitree

Hangzhou, the capital of China’s southeastern Zhejiang province, is rapidly gaining recognition as a leading technology hub in the country…

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New Business

Why China’s super-rich are spending billions to set up universities

Even for China’s richest man, it was a bold investment. Last month, beverage magnate Zhong Shanshan raised eyebrows when he…

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Tech war: DeepSeek fires up AI deployments into PCs, robots and EVs amid US sanctions

PC giant Lenovo Group, Shenzhen-based robotics firm UBTech and EV maker Geely are among the first major Chinese manufacturing enterprises…

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DeepSeek warns of fake social media accounts as AI app’s popularity soars

DeepSeek is fighting a surge in fake social media accounts and websites pretending to be linked to the Chinese artificial…

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New Business

DeepSeek halts account top-ups as AI models rival ChatGPT’s popularity

DeepSeek has temporarily stopped developers from topping up their accounts to access the Chinese start-up’s artificial intelligence (AI) models, a…

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New Business

DeepSeek’s growth in China surges past ByteDance’s Doubao in AI app race

The chatbot app from artificial intelligence (AI) sensation DeepSeek has overtaken Doubao, the equivalent product from TikTok parent ByteDance, as…

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