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Alibaba’s Amap rolls out AI-powered 3D virtual tours for offline destinations

Amap, the mapping and navigation platform of Alibaba Group Holding, has launched new features powered by its top-ranking world model,…

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Hong Kong stocks hit 7-week high as investors rotate to Chinese tech names

A rotation into Chinese technology companies drove Hong Kong stocks to their highest in seven weeks as investors sought alternatives…

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China warns platforms on monopolistic tactics such as ‘lowest-price’ requirement

China’s market regulator has warned that internet platforms demanding merchants offer the “lowest price across the internet” may face antitrust…

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Hong Kong stocks retreat as investors await China policy cues on tech, property

Hong Kong stocks slipped on Monday, snapping a two-day rebound, as investors stayed cautious and awaited clearer policy direction ahead…

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China targets AI-powered price manipulation in new antitrust guidelines

A draft of the “Anti-Monopoly Compliance Guidelines for Internet Platforms”, published over the weekend by the State Administration for Market…

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Hong Kong stocks slide most in a week on soft China economic data, fading US rate cut bets

Hong Kong stocks fell by the most in a week, triggered by China’s sluggish economic data, uncertainty over an interest-rate…

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New Business

Hong Kong stocks tumble as AI bubble fears hit Wall Street

Hong Kong stocks extended losses on Wednesday, tracking Wall Street’s weakness amid growing fears of an artificial intelligence bubble, while…

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Alibaba rebrands food delivery app Ele.me as Taobao Shangou in instant retail push

Alibaba Group Holding is rebranding its Chinese food delivery platform Ele.me as Taobao Shangou, aligning the service more closely with…

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New Business

Alibaba expands instant commerce efforts with US$281 million Taobao convenience store push

Alibaba Group Holding on Friday unveiled a 2 billion yuan (US$281 million) investment as part of a programme that will…

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Hong Kong stocks fall as US shutdown dampens investor sentiment

Hong Kong stocks fell on Monday as the US government shutdown hit investor sentiment and spurred demand for haven assets…

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