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Artificial intelligence
Nvidia climbs to record high to become world’s largest stock again
With Wednesday’s gain, Nvidia overtakes Microsoft as the world’s largest stock.
4 hours ago
Video gaming
Tencent-owned Supercell to launch titles like Clash Royale as WeChat mini games
26 Jun 2025 - 8:00AM
Artificial intelligence
China’s AI capital spending set to reach up to US$98 billion in 2025: BofA
25 Jun 2025 - 7:00PM
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E-commerce
JD.com hires full-time food delivery riders to challenge Meituan, Alibaba
Recruitment drive suggests that company urgently needs to strengthen its courier workforce to fight resourceful rivals.
25 Jun 2025 - 5:24PM
A JD Logistics delivery driver on the streets of Beijing. Photo: Minghe Hu
Apple
Apple joins China’s subsidy scheme to lift sales amid heated local competition
Consumers in Beijing and Shanghai can avail themselves of discounts of up to US$278 on select models of Apple devices, including the iPhone.
24 Jun 2025 - 8:00PM
Huawei
Huawei, SMIC struggle to advance chips to 5-nm level, MateBook shows: report
Huawei’s newly released MateBook Fold laptop runs on another 7-nm Kirin chip made by SMIC, as the Mate 60 Pro smartphone did two years ago.
24 Jun 2025 - 6:00PM
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Alibaba
Alibaba Cloud to bring AI capabilities to global data centres this year
The company operates more than two dozen data centres worldwide, including two in the US and one in London.
24 Jun 2025 - 5:00PM
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Liu Weiguang, senior vice-president of Alibaba Cloud, speaks on stage during a company event in Shenzhen on Tuesday. Photo: Handout
China technology
Anker, Romoss recall over 1.2 million power banks amid fire risks
Anker has stopped selling the affected portable chargers, and is urging customers to return them for a refund or replacement.
23 Jun 2025 - 9:00PM
ByteDance
ByteDance founder plays critical role in firm’s AI push despite low profile
Zhang’s involvement in AI research at ByteDance was similar to the role Sergey Brin played at Google, according to local media.
23 Jun 2025 - 7:00PM
Alibaba
Alibaba folds delivery app and travel agency into e-commerce group
CEO Eddie Wu said the restructuring ‘marks a strategic upgrade from an e-commerce platform to a comprehensive consumer platform’.
23 Jun 2025 - 5:56PM
US-China tech war
How Huawei’s silicon strategy defies US sanctions, advances China’s AI ambitions
Huawei is expected to ship about 700,000 Ascend AI processors in 2025, according to Mizuho estimates.
23 Jun 2025 - 11:57AM
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Illustration: Brian Wang
Huawei
Huawei opens HarmonyOS 6 to developers, prepares AI features for public launch
The tech giant did not give a public launch date for the latest version of the operating system, but said it will be more intelligent and open.
21 Jun 2025 - 7:17AM
TikTok
TikTok ‘continues to work with’ Vance on deal as its US fate remains uncertain
TikTok said it was ‘grateful’ for Trump’s deadline extension to September 17, which would allow it to keep serving its 170 million US users.
20 Jun 2025 - 9:30PM
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Robotics
Unitree Robotics now a unicorn with ByteDance, Alibaba, Tencent funding
The Chinese humanoid and robot dog maker is valued at US$1.3 billion in its latest financing round.
20 Jun 2025 - 9:39PM
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Artificial intelligence
A sun-baked ‘Shenzhen’? SoftBank pitches TSMC on US$1 trillion AI hub in Arizona
Son envisions a version of China’s manufacturing hub of Shenzhen that would bring high-tech manufacturing to the US, sources told Bloomberg.
20 Jun 2025 - 4:29PM
SoftBank CEO Masayoshi Son speaks during the Future Investment Initiative Institute Priority Summit in Miami Beach, Florida, on February 21. Photo: AFP
Mobile payments
Ant Group pushes wider adoption of AI-enabled smart glasses for mobile payments
The first such payment outside mainland China was recently completed in Hong Kong, using the AlipayHK app and Meizu’s StarV smart glasses.
20 Jun 2025 - 7:08AM
E-commerce
China subsidies give Alibaba, JD.com sales lift during 618 shopping festival
The Chinese e-commerce giants again withheld total gross merchandise value figures, continuing a trend in recent years amid a maturing market.
19 Jun 2025 - 9:00PM
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Semiconductors
How Huawei’s AI chips outperform Nvidia’s in running DeepSeek’s R1 model
Performance of Huawei’s AI data centre architecture, CloudMatrix 384, illustrates the firm’s progress in overcoming US tech control measures.
19 Jun 2025 - 7:00PM
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Huawei’s Ascend-based AI data centre architecture now rivals Nvidia’s own SGLang fast-serving framework. Photo: Shutterstock
E-commerce
Meituan keeps tight grip on 70% of food delivery market in China, report says
Citing internal data, Leiphone.com reported that Meituan’s daily food delivery orders reached 90 million this month.
19 Jun 2025 - 7:00PM
Artificial intelligence
Alibaba, Tencent-backed AI unicorn MiniMax eyes Hong Kong listing, report says
MiniMax, a unicorn valued at US$2.5 billion, was in the ‘early stage’ of preparations for the listing, according to news outlet The Paper.
19 Jun 2025 - 6:00PM
Alibaba
Alibaba Cloud expands in South Korea with second data centre
The company’s AI service clients in South Korea include Naver-backed messaging app Snow and AI solutions provider Univa.
19 Jun 2025 - 5:00PM
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Artificial intelligence
Microsoft plans thousands of job cuts in July, targeting sales teams
The terminations would follow a previous round of lay-offs in May that hit 6,000 people, mostly product and engineering positions.
19 Jun 2025 - 12:35PM
Microsoft’s offices near Paris, France. Photo: Reuters
Mergers & Acquisitions
Billionaire Dai to reap US$237 million windfall from Qualcomm deal
Dai Weili holds 96.3 million shares of London-listed semiconductor firm Alphawave IP Group, making her its second-largest shareholder.
19 Jun 2025 - 12:13PM
Huawei
Huawei defends role as AI, 5G infrastructure supplier at Shanghai MWC
Huawei deputy chairman says the telecoms industry is facing stagnant growth, while touting AI-driven solutions.
19 Jun 2025 - 9:00AM
E-commerce
JD.com takes its Meituan rivalry to Saudi Arabia with express delivery service
JoyExpress is a business-to-consumer express delivery service that covers most of the 13 provinces in the Middle Eastern country.
19 Jun 2025 - 8:00AM
HIGHLIGHTS FROM
China Future Tech
Tech Trends
DeepSeek rival MiniMax says its first AI reasoning model halves compute of R1
17 Jun 2025 - 9:30PM
Tech Trends
OpenAI: Zhipu AI is fuelling China’s global push for US tech alternatives
8 minutes ago
China Economy
Will China lead the next wave of AI, robotics evolution? Unitree CEO thinks so
1 hour ago
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China Economy
China’s top lawmakers review first report on new tech-driven growth model
26 Jun 2025 - 9:03AM
Business
China’s drug innovators bank on AI to hasten discovery to commercial success
26 Jun 2025 - 7:30AM
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