China /
Money & Wealth
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Banking & finance
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Huawei
Tech War
Huawei’s latest phones still rely on South Korean memory chips
While Huawei has used Chinese memory chips in other handsets, the Mate 70 series features products from SK Hynix, a teardown analysis shows.
3 hours ago
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China deflation
Diamonds are plunging in value around the world. Is China to blame?
22 Dec 2024 - 6:37PM
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Artificial intelligence
The ‘AI Olympics’ gets new hurdles in Canada as US-China tech war plays out
21 Dec 2024 - 12:00PM
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Tech Trends
Artificial intelligence
China faces AI talent shortage in otherwise booming industry, report finds
A quarter of ‘new economy’ job openings this year on the Maimai platform have been directly related to AI, as Big Tech firms fight for top talent.
21 Dec 2024 - 9:00AM
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AI has emerged as a bright spot in a bleak domestic job market in China’s “new economy”. Photo: Shutterstock
China Business
Stocks
Laopu Gold outshines Chow Tai Fook as China’s top jeweller with 437% stock surge
The Beijing-based ‘old shop’ jeweller’s unique luxury strategy draws comparisons with Cartier and Tiffany.
20 Dec 2024 - 11:35AM
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Big Tech
Artificial intelligence
Shenzhen showers AI companies, workers with cash to boost local industry
Municipal government issues a slew of new policies including tens of millions of dollars in subsidies to promote AI development.
20 Dec 2024 - 7:00AM
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Big Tech
Apple
Apple in talks with Tencent, ByteDance to launch AI in China, report says
The iPhone maker is reportedly in early talks with the tech giants to launch Apple Intelligence on the mainland after talks stalled with Baidu.
19 Dec 2024 - 8:00PM
Apple has faced challenges in launching Apple Intelligence on its iPhones in mainland China owing to the country’s strict regulation of the technology. Photo: AP
Tech Trends
Artificial intelligence
China’s GenAI sector sees more funding, fewer deals in sign of consolidation
Total funding amounted to 35 billion yuan this year, compared with 20.5 billion yuan last year, meaning investors are being more selective.
18 Dec 2024 - 9:00PM
Big Tech
E-commerce
China’s food delivery platforms force riders to take breaks after long hours
Meituan and Ele.me are using ‘fatigue management’ systems in several cities, halting orders after 12-hour days, as work climbs in slowing economy.
18 Dec 2024 - 5:30PM
Big Tech
Artificial intelligence
Chinese start-up Zhipu AI adds US$412 million to war chest in crowded market
Zhipu said it doubled its revenue year on year in the 11 months to November, without providing an exact figure.
17 Dec 2024 - 7:00PM
Big Tech
Semiconductors
China’s chip output slows in November while stockpiles climb
IC output growth for the year through November was up 23 per cent, while imports were up 14.8 per cent amid an intensifying US-China chip war.
17 Dec 2024 - 8:00AM
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Semiconductor chips seen on a circuit board in this illustration picture taken February 25, 2022. Photo: Reuters
Tech Trends
Semiconductors
China’s chip industry reports sharp drop in funding amid ongoing tech war
In the first 11 months of 2024, China’s semiconductor industry recorded 677 investment deals, a decline of 35.9 per cent year on year.
16 Dec 2024 - 8:00PM
Big Tech
Tencent
WeChat targets AI deepfake celebrity scams in latest crackdown
WeChat said it deleted 532 examples of AI-generated deepfake content and shut 209 accounts that used the technology in marketing videos.
16 Dec 2024 - 5:30PM
Big Tech
Social media
China’s Instagram-like Xiaohongshu closer to IPO as profits surge, sources say
With popularity booming in recent years and recent profitability, the company has selected underwriters for a planned public listing.
15 Dec 2024 - 12:08PM
Big Tech
E-commerce
Beijing puts e-commerce sector’s ‘refund-only’ policy and PDD under scrutiny
The State Administration for Market Regulation and the Ministry of Commerce have directed Pinduoduo owner PDD to fix this practice.
12 Dec 2024 - 11:10PM
The intervention by regulators reflects how the “refund-only” practice has been abused and hurt online sellers’ earnings. Photo: Shutterstock
Policy
Yuan
China urged to anchor yuan to non-US dollar currencies to empower domestic tools
China Finance 40 Forum think tank suggests temporarily anchoring the yuan to a basket of currencies, particularly the euro.
12 Dec 2024 - 12:00PM
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Big Tech
Semiconductors
Nvidia faces US$1 billion fine if China probe finds violation of antitrust laws
The investigation into Nvidia’s previously-approved Mellanox acquisition marks the first time that China’s market regulator has opened the books on a closed deal.
10 Dec 2024 - 8:00PM
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Tech Trends
Semiconductors
Chinese chip tool maker hands reins to state-owned firm after US sanctions
Empyrean Technology is handing control of its board to its largest shareholder, a state-owned enterprise, after Washington blacklisted the software maker.
10 Dec 2024 - 7:00PM
China’s top maker of electronic design automation tools, Empyrean Technology, is handing control of its board over to its largest shareholder, a state-owned enterprise, showing how US sanctions are leading to unprecedented collaboration between the government and private chip firms. Photo: Shutterstock
Big Tech
Artificial intelligence
Moonshot AI founder’s dispute with 5 investors up for arbitration in Hong Kong
The five firms that invested in Moonshot AI founder Yang Zhilin’s last venture, Recurrent AI, claim he has ‘uncleared liability’.
10 Dec 2024 - 9:00AM
Big Tech
Semiconductors
China launches antitrust probe into US chip giant Nvidia in tech war escalation
The action is an apparent response to Washington’s tightened chip restrictions against China.
9 Dec 2024 - 9:20PM
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Big Tech
Ant Group
Jack Ma makes rare speech at Ant Group’s 20th anniversary
The Chinese entrepreneur addresses the fintech giant for the first time since it withdrew its mega IPO in 2020.
9 Dec 2024 - 10:05PM
OPINION
Nicholas Spiro
Macroscope
|
The most important part of China’s fiscal stimulus? Expectation management
7 Nov 2024 - 9:23PM
Nicholas Spiro
The View
|
China’s property prospects aren’t all doom and gloom
4 Nov 2024 - 5:20PM
Perry Wong
,
Yeen Chong
Opinion
|
China pushes ahead on its long march to become a global tech leader
13 Oct 2024 - 9:11PM
Anthony Cheung
Opinion
|
There’s hope for China’s economy, as long as planners can ‘let go’
13 Oct 2024 - 9:30AM
Winston Mok
The View
|
China should make its economy work for its youth
8 Oct 2024 - 7:30PM
Anthony W.D. Anastasi
The View
|
China’s latest stimulus measures still don’t go far enough
1 Oct 2024 - 4:30PM
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