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Hong Kong is well positioned as an international hub for AI-driven innovation. Photo: May Tse

Companies

Why Hong Kong is emerging as the world’s AI crossroads between East and West

Hong Kong’s AI sector comprises 500 organisations, 290 companies and 183 investors active in finance, healthcare and government services.

China’s rising biotech clout on show in flurry of billion-dollar licensing deals

Firmer yuan fuels share gains on bets Beijing will tolerate appreciation

Tech Trends

Xiaomi’s 17 Ultra, backed by Leica, challenges Apple’s iPhone Pro Max in imaging

The 17 Ultra’s US$998 starting price is nearly 8 per cent higher than the previous generation owing to the soaring cost of memory chips.

Xiaomi’s new 17 Ultra premium smartphone. Photo: Weibo
Xiaomi’s new 17 Ultra premium smartphone. Photo: Weibo

China Business

Mercedes-Benz buys US$191 million stake in Chinese autonomous driving developer

The German carmaker obtains a 3 per cent stake in Chongqing Qianli Technology.

China Business

UBTech’s US$237 million Fenglong deal tightens humanoid robot supply chain

Hong Kong-listed UBTech is buying a 43 per cent stake in Zhejiang Fenglong, as China’s robotics firms increasingly eye A-share acquisitions.

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Tech

Hong Kong to broaden crypto rules with new licences for dealers and custodians

New frameworks mooted for virtual asset dealing and custodian services, as Hong Kong forges ahead with plans to become a digital-asset hub.

Regulators said on Wednesday they would finalise legislative proposals for two new licensing frameworks. Photo: Shutterstock
Regulators said on Wednesday they would finalise legislative proposals for two new licensing frameworks. Photo: Shutterstock

China EVs

CATL poised to bring Yichun lithium output back online after licence lapse

With battery costs again under the spotlight, regulators are set to green light CATL’s restart of the Yichun mine in eastern China.

China Business

Chinese SUV maker Jetour pushes localised offerings to hasten go-global drive

Jetour is already present in more than 100 countries and regions after seven years in operation.

China Business

China’s AI toy boom: Huawei, JD.com, UBTech make big push into growing sector

China’s AI toy sector is forecast to expand to US$12 billion by 2030, up from US$3.5 billion this year.

Huawei Technologies’ Smart Hanhan marks the latest foray by Chinese Big Tech companies into the growing global AI toy market. Photo: Huawei

China Business

China stocks recover from early losses on cautious PBOC policy tone

Mainland stocks closed higher after paring earlier losses as investors read the central bank’s latest messaging as supportive but restrained.

This photo shows a general view of screens diplaying financial market movements at the new building of the Shanghai Stock Exchange in Shanghai on April 25, 2025. (Photo by Hector RETAMAL / AFP)
This photo shows a general view of screens diplaying financial market movements at the new building of the Shanghai Stock Exchange in Shanghai on April 25, 2025. (Photo by Hector RETAMAL / AFP)

Banking & Finance

Golden era: prices surge as rally on track for US$5,000 in 2026, analysts say

Rate cuts, geopolitical tensions and central banks’ buying spree push gold prices up by 72 per cent in 2025 – the biggest annual jump ever.

Tech Trends

Chinese AI champion iFlytek forms new entity to expand into semiconductor design

Shandong Yixun Information Technology’s scope of operations includes integrated circuit design and other AI-related fields.

Companies

AI-for-Science start-up DP Technology raises US$114 million in Series C round

The Beijing-based AI-for-Science firm said the Series C round would fund hiring and R&D, as interest grows in using AI to speed up scientific discovery.

AI for Science (AI4S) startup DP Technology announced on Wednesday that it had completed Series C financing round, raising over 800 million yuan. Photo: Handout

Tech Trends

ByteDance, other major Chinese tech firms lead local consumer AI market: report

ByteDance-owned Doubao remains the country’s top consumer AI app, as DeepSeek’s namesake chatbot takes the No 2 spot.

ByteDance’s top-ranked Doubao AI app. Photo: Shutterstock
ByteDance’s top-ranked Doubao AI app. Photo: Shutterstock

China Business

China Jinmao sells 5-star Ritz-Carlton hotel in Sanya for US$322 million

Asset restructuring aims to boost liquidity as mainland China developers face a prolonged property downturn.

China Business

China’s Deep Robotics joins IPO rush as embodied intelligence sector heats up

The Hangzhou robot maker has entered the IPO ‘guidance’ phase, becoming the latest embodied intelligence start-up to eye an A-share listing.

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Banking & Finance

Exclusive | Meet the Illinois farmer sowing the seeds of the world’s biggest IPOs of 2026

Jeff Rowe, a fifth-generation Illinois farmer, runs a Chinese-owned Swiss company in Basel that is aiming for one of the world’s largest IPOs in Hong Kong, due in 2026.

Jeff Rowe, the CEO of Syngenta, at his family farm in the US state of Illinois on September 30, 2025. Photo: Anthony Collins/Handout
Jeff Rowe, the CEO of Syngenta, at his family farm in the US state of Illinois on September 30, 2025. Photo: Anthony Collins/Handout

Banking & Finance

Hong Kong reaps the fruits of fintech seeds sown nearly 10 years ago

Hong Kong’s rise as a fintech hub is due to the concerted regulatory push, with the city competing with Singapore for regional leadership.

videocam

Business

Hong Kong talent scheme: They came for jobs. Will they stay to buy homes?

Imported professionals could sustain the property market – if they put down roots and transition from renting to owning.

Tech War

How Nexperia saga exposes Europe’s waning influence in US-China chip war

The dispute around the Dutch chipmaker shows the erosion of Europe’s geopolitical neutrality in the face of escalating US-China rivalry.

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Nexperia is caught in a geopolitical tussle between the Netherlands and China. Illustration: Lau Ka-kuen
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OPINION
Nicholas Spiro

Macroscope | Why Wall Street remains bullish on China amid economic slowdown

Nicholas Spiro
Hiba Malik

Opinion | How China is cementing its central role as the architect of green tech

Hiba Malik
Ma Jun,Sean Kidney

Opinion | How yuan internationalisation is helping to close the climate finance gap

Ma Jun
Sean Kidney
Anthony Rowley

Macroscope | What China, not the free market, gets right about climate finance

Anthony Rowley
Hugh Harsono

Opinion | As Japan takes aim at crypto, first mover Hong Kong must look out

Hugh Harsono
Ni Tao

Opinion | As China’s tech rises, companies must rethink their R&D strategy

Ni Tao
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MULTIMEDIA
Video

Pony.ai set to further open China’s autonomous-driving frontier

Pony.ai
07:39
Video

What’s behind HSBC’s privatisation of Hang Seng Bank?

HAng Seng
04:37
Video

Taiwan firm creates clothing from banana waste

Banana
01:00
Video

Gold scams in China and changing global politics

Wire
08:22
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