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The ByteDance logo is seen at the company’s office building in Shanghai, on July 4, 2023. Photo: Reuters

Big Tech

ByteDance valuation said to hit record US$550 billion in proposed equity sale

Pending sale by US private equity firm General Atlantic shows ByteDance’s valuation has surged from US$400 billion as recently as mid-2025.

China’s MiniMax, Moonshot top AI token use ranking, ending year of US dominance

Xiaomi deepens push into chips and AI as peers race to develop humanoid robotics

China Business

Hong Kong stocks rebound in relief rally as global AI scare fades

Hang Seng Index climbs as concerns over AI disruption ease, with investors awaiting Nvidia earnings to gauge sentiment.

Hong Kong shares track a rebound in global tech shares overnight after jitters faded that AI could upend business models. Photo: Shutterstock
Hong Kong shares track a rebound in global tech shares overnight after jitters faded that AI could upend business models. Photo: Shutterstock

Tech

Helicopter travel takes off in China during Spring Festival rush

Helicopter services boomed during the Chinese New Year, offering fast travel and new routes across different cities.

Tech Trends

Chinese investors shrug off AI fears after Citrini report sparks US sell-off

Analysts dismiss Citrini’s AI doomsday scenario, citing US market irrationality and China’s low digital penetration.

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Tech War

Anthropic’s allegations against Chinese firms expose AI training grey area

The US AI lab says DeepSeek, Moonshot AI and MiniMax AI used its systems to improve their models’ capabilities.

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Anthropic said that DeepSeek, Moonshot AI and MiniMax AI allegedly used roughly 24,000 fraudulent accounts to generate more than 16 million exchanges with its Claude models. Photo: AFP
Anthropic said that DeepSeek, Moonshot AI and MiniMax AI allegedly used roughly 24,000 fraudulent accounts to generate more than 16 million exchanges with its Claude models. Photo: AFP

Tech Trends

Rarely seen Shein founder praises Guangdong ‘roots’ as offshore listing stalls

Shein initially eyed a New York listing before switching to London after scrutiny by Washington over its supply chain and ties to China.

Tech

AI apps soar in China as Lunar New Year giveaway battle boosts user growth

Tech firms score win as AI assistants become part of holiday consumption – from buying food and booking travel to planning entertainment.

Big Tech

Huawei’s revenues surge to US$127 billion as it continues to defy US sanctions

Last year’s revenue was the second highest on record for the Shenzhen-based company, with its highest ever being 891 billion yuan in 2020.

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The Huawei logo is seen at the Mobile World Congress in Barcelona, Spain, March 4, 2025. Photo: dpa

China Business

Hong Kong stocks retreat on AI worries, China markets rally in Year of the Horse

Tech heavyweights drag Hong Kong stocks lower as investors fret over AI disruption following Wall Street’s decline.

All major benchmarks in the US fell overnight over a pessimistic scenario in which advances in AI would disrupt white-collar employment. Photo: Shutterstock
All major benchmarks in the US fell overnight over a pessimistic scenario in which advances in AI would disrupt white-collar employment. Photo: Shutterstock

Tech

Ant’s AQ health app tops 100 million users amid holiday surge

Growth comes as China’s ageing population fuels demand for AI-assisted health monitoring tools.

Tech Trends

Zhipu AI’s shares tumble nearly 23% on computing woes, user complaints

The Hong Kong-listed firm is the first Chinese AI developer to issue a public call urging support for its GLM model.

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Tech Trends

Demand for AI eyewear surges during China’s Spring Festival

AI glasses form part of the government’s national subsidy programme, which includes smartphones, tablets and smartwatches.

A woman checks a pair of Rokid AI glasses during an event in Hangzhou, the capital of eastern Zhejiang province, in November last year. Photo: AFP

Tech Trends

From Doraemon to dexterous hands: LinkerBot equips robots with human skills

The start-up is revolutionising humanoid robotics with ultra-dexterous hands, ushering in a new era of humanlike robotic capability.

Robots play the piano and drums in Shenzhen. Photo: VCG via Getty Images
Robots play the piano and drums in Shenzhen. Photo: VCG via Getty Images

Tech Trends

US software firm opens doors for global adoption of China’s humanoid robots

OpenMind works with several Chinese robotics companies including Unitree, UBTech, AgiBot and Engine AI.

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Tech

Trump takes aim at Taiwan’s chip sector after Supreme Court tariff ruling

Taiwan has edged out top US chipmakers and Taiwanese firms are setting up factories in the US to avoid paying tariffs, Trump says.

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

Tech War

China’s lesson for the US: it takes more than chips to win the AI race

The AI war is increasingly waged among ‘hyperscalers’ – companies with full-stack capabilities across software, hardware and applications.

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Tech War

How Huawei and DeepSeek are tending the garden of China’s AI aspirations

Amid growing AI rivalry with the US, the two companies are leading China’s drive to shake off the nation’s dependence on Nvidia processors.

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Big Tech

Immediate gratification: instant commerce transforms China’s retail market

Instant commerce has developed over a short period of time, as providers expanded their on-demand delivery coverage beyond food.

Illustration: Henry Wong
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China Future Tech
HIGHLIGHTS FROM
China Future Tech

Tech War

Anthropic’s allegations against Chinese firms expose AI training grey area

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Anthropic said that DeepSeek, Moonshot AI and MiniMax AI allegedly used roughly 24,000 fraudulent accounts to generate more than 16 million exchanges with its Claude models. Photo: AFP

Tech Trends

China’s MiniMax, Moonshot top AI token use ranking, ending year of US dominance

Chinese open-source AI models’ surge to the top of token usage on OpenRouter ended US labs’ reign on the platform’s leaderboard over the past year. Photo: Shutterstock

Big Tech

Xiaomi deepens push into chips and AI as peers race to develop humanoid robotics

Xiaomi CEO Lei Jun says the biggest advantage of private enterprises is their proximity to the market and users. Photo: Handout

Markets

Geopolitics takes back seat to ‘No 1 investor risk’ for creditors: survey

A chart above the trading floor of the New York Stock Exchange displays an intraday number for the S&P 500 on February 13, 2026. Photo: AP

China Economy

Shenzhen dethrones Shanghai, Beijing as China’s top industrial powerhouse: mayor

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A humanoid robot prepares a drink at a coffee kiosk in Shenzhen on January 28. Photo: Getty Images
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OPINION
Gerui Wang

Opinion | Humans vs robots? China begs to disagree

Gerui Wang
Bernard Chan

Opinion | US and China can again find common ground – in AI’s risks

Bernard Chan
Eric Stryson

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Andrew Sheng

Opinion | In the age of AI, we must learn to act before the future is clear

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Chee Yik-wai

Opinion | China is leading in holistic AI development. Can the US catch up?

Chee Yik-wai
Mark Greeven

Opinion | High volume and low cost is how BYD beat Tesla in the EV race

Mark Greeven
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MULTIMEDIA
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Brad Pitt and Tom Cruise fighting in an AI generated video
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Chinese robodog passed off as India-made at AI summit

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Recycling is India’s critical minerals ‘gold mine’

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Chinese robots perform kung fu at Spring Festival Gala

Chinese robots perform kung fu at Spring Festival Gala
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