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Google decision to change the release schedule of Android source code has unnerved some Chinese developers. Photo: Shutterstock

Tech Trends

Google’s Android transparency shift unnerves Chinese developers

Google is no longer developing Android in the open, which some developers believe could give an advantage to Huawei’s HarmonyOS.

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Chinese EV industry pressed to accelerate global expansion amid tariffs

Chinese state banks’ 2024 profits rise, NPLs dip even as margins thin

Markets

Hong Kong stocks decline for third week on profit-taking

US car tariffs’ impact on the US stock market have brought about a correction in Hong Kong, Kingston Securities’ Dickie Wong says.

Hong Kong shares have mostly risen this week. Photo: May Tse
Hong Kong shares have mostly risen this week. Photo: May Tse

Companies

Venture-capital club expands to Hong Kong, plans US$250m fund

London Technology Club opens in the city with a focus on fast-scaling companies in AI, fintech.

Big Tech

TikTok Shop to expand to Germany, France, Italy next week amid uncertainty in US

The move marks a major expansion of the short-video app’s e-commerce operations in Europe as it faces a looming ban in its largest market.

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Banking & Finance

Hong Kong to get world’s first tokenised money-market ETFs from Bosera, HashKey

Bosera HKD Money Market ETF and USD Money Market ETF, which have been approved by the SFC, are set to launch in April.

Tokenised money market ETFs are one of the use cases in the HKMA’s Project Ensemble sandbox. Photo: Shutterstock
Tokenised money market ETFs are one of the use cases in the HKMA’s Project Ensemble sandbox. Photo: Shutterstock

Business

Exclusive | BlackRock sells last Shanghai asset at discount amid China retreat

The US firm is selling its last major asset in the city, Trinity Place, for 900 million yuan (US$124 million), according to sources.

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Business

Top US money managers stay upbeat on Chinese stocks amid AI, biotech boom

Templeton, Janus Henderson and Wellington Management see potential in stocks amid China’s pursuit of tech excellence.

Banking & Finance

Cathie Wood sees AI driving US$10 trillion global robotaxi revolution

The CEO of Ark Investment says the market will help propel a near 10-fold jump in Tesla’s share price to US$2,600 in five years.

Cathie Wood of Ark Investment (right) takes part in a panel discussion at HSBC’s Global Investment Summit in Hong Kong on Thursday. Photo: Handout

Business

Hong Kong’s home prices fall towards decade low on interest rate, tariff pain

Secondary home prices have declined by a cumulative 27 per cent since January 2022, according to government data.

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A man walks past a real estate agency in Causeway Bay in January 2025. Photo: Antony Dickson
A man walks past a real estate agency in Causeway Bay in January 2025. Photo: Antony Dickson

Tech

Alibaba launches AI model that can process images and video on the go

The multimodal Qwen2.5-Omni-7B model is designed to run locally on mobile devices and tops rivals in some benchmarks.

Policy

US robotics firms push for national strategy to compete with China

Tesla, Boston Dynamics and others are pushing for US policies that would boost American companies in the global robotics race.

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Big Tech

Unitree Robotics profitable since 2020, eyes expansion amid high demand

The Hangzhou start-up known for its robot dogs told local media it had no immediate plans for additional fundraising.

A Unitree G1 humanoid robot waves to children at a kindergarten in Yantai, Shandong province. Photo: CFOTO/Future Publishing via Getty Images

Big Tech

Alibaba’s AI crackdown: Taobao says e-commerce images must be ‘realistic’

Taobao’s initiative aligns with China’s broader regulatory efforts to address the misuse of generative AI.

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Taobao and Tmall Group is targeting the use of AI-generated product images that deceive buyers across all its platforms. Photo: Reuters
Taobao and Tmall Group is targeting the use of AI-generated product images that deceive buyers across all its platforms. Photo: Reuters

Business

Investors bank on more AI-driven stock upside in Hong Kong, Singapore, US: HSBC

Nearly 40 per cent believed AI was an ‘overhyped profit driver’, according to HSBC’s survey of high-net-worth investors.

Big Tech

Microsoft abandons data centre projects, sparking oversupply fears

Microsoft’s retrenchment in the last six months included lease cancellations and deferrals, analysts at investment bank TD Cowen said.

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Banking & Finance

In SAFE hands: China’s secret plan for US$1 trillion reserves fund in Hong Kong

Cheng Hao, the man involved in the rescue of China’s 2015 market crash, runs what is the world’s third largest wealth fund in Hong Kong.

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illustration by Pearl Law
illustration by Pearl Law

Banking & Finance

China’s 4 golden flowers: how Beijing invests its US$3.2 trillion reserves

The State Administration of Foreign Exchange entrusts managers in four ‘overseas offices’ to diversify its reserves and maximise returns.

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Business

Nicholas Tse, Stanley Ho’s family face falling property value amid market slump

Macau tycoon Stanley Ho’s family is selling a site in Tsim Sha Tsui, while actor Nicholas Tse’s shop in Central rented out at a big discount.

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Companies

Hong Kong property firm Gale Well trying to sell US$386 million in assets

Company is selling commercial properties in Admiralty, Tsim Sha Tsui and Causeway Bay, as well as luxury residential assets.

Gale Well Group vice-chairman and CEO Jacinto Tong Man-leung, pictured at his office in Wan Chai on February 25, 2025. Photo: Jonathan Wong
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OPINION
James David Spellman

Opinion | Trump’s executive orders will be no match for markets in grip of fear

James David Spellman
Bonnie Zuo

Opinion | China has what it takes to lead the global green steel revolution

Bonnie Zuo
Winston Mok

Opinion | China’s true talent in AI lies in making it safe to use

Winston Mok
Nicholas Spiro

The View | Why the future looks so promising for luxury property in Asia

Nicholas Spiro
John Pomeroy

Opinion | Asia is ground zero for the impact of global glacier loss

John Pomeroy
Christopher Tang

Opinion | Forget Doge, it’s Musk’s Tesla that looks in need of a rescue

Christopher Tang
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MULTIMEDIA
Video

How Alibaba.com is betting on AI to transform e-commerce

How Alibaba.com is betting on AI to transform e-commerce
11:13
Video

The small business concerns behind China’s ‘two sessions’

China’s ‘two sessions’: small businesses voice concerns as they face economic headwinds
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Hong Kong-listed SenseTime to spin off healthcare platform

SenseTime plans to spin off healthcare platform in effort to capitalise on advanced LLMs
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Video

How Sands China is driving Macau 3.0

How Sands China is driving ‘Macau 3.0’ with NBA Legends, better infrastructure
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