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Policy
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Made in China 2025
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Blockchain
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US-China trade war
Robotics
Tech Trends
China’s industrial robot sales shrink on ‘tightening demand’
Total industrial robot deliveries this year are estimated to reach 300,000 units, down 5 per cent from 2023.
23 Dec 2024 - 6:30PM
E-commerce
China’s tax authority to demand online influencer, merchant revenue numbers
23 Dec 2024 - 4:15PM
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Artificial intelligence
Shenzhen showers AI companies, workers with cash to boost local industry
20 Dec 2024 - 7:00AM
Banking & Finance
Banking & finance
HKMA picks 10 banks, 4 tech firms to test GenAI usage in financial sector
Participants will be onboarded to a platform of an AI supercomputing centre operated by Cyberport, with technical trials expected to begin early next year.
19 Dec 2024 - 8:06PM
Technical trials og GenAI applicaitons are expected to begin early next year.Photo: Xinhua
Blockchain
Digital currencies
Hong Kong licenses 4 more crypto exchanges amid bitcoin price surge
The approvals bring the total number of licenced virtual asset firms to seven, as Hong Kong moves to revive its crypto industry.
18 Dec 2024 - 8:56PM
Big Tech
ByteDance
Fund of ByteDance’s billionaire founder gets Hong Kong asset management licence
The investment fund started by the founder of the Chinese owner of TikTok now has regulatory approval to provide services to professional investors.
18 Dec 2024 - 8:00PM
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Big Tech
Cybersecurity
Ireland fines Facebook owner Meta €251 million for data breach
The tech giant infringed EU’s General Data Protection Regulation, according to the country’s data watchdog.
18 Dec 2024 - 10:07AM
Meta Platforms’ Irish arm has been fined by the country’s data watchdog. Photo: Reuters
Big Tech
Robotics
China’s top EV maker BYD kicks off robotics recruitment drive for young talent
The Shenzhen-based carmaker is increasing its investment in humanoid robots amid a flurry of investment from local governments.
18 Dec 2024 - 7:00AM
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
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
China technology
Chinese venture capital firm finds growth in niche spending amid overall slump
BA Capital has been able to tap into niche consumer areas to grow into a firm with US$1.38 billion under management.
16 Dec 2024 - 11:24AM
Furry dolls from Chinese toy company Pop Mart are pictured during the opening ceremony for its new store in Bangkok on July 5. Photo: Xinhua
Tech War
US-China tech war
Sanctioned camera maker Hikvision ends five government contracts in Xinjiang
The surveillance camera maker, blacklisted by Trump in 2019, did not say why it was now ending contracts for projects completed in 2018.
14 Dec 2024 - 4:00PM
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Big Tech
Artificial intelligence
Baidu, Alibaba, Tencent executives serve on new Chinese AI standards committee
The committee marks a major milestone after MIIT and other government agencies announced plans for 50 sets of AI standards by 2026.
14 Dec 2024 - 7:13AM
Policy
China’s economic stimulus
‘A massive bet’: China eyes greater robotics innovation in bid to boost economy
Hangzhou, Chongqing and Nanjing, plus a part of the southwestern Sichuan province, release robotics policies to accelerate innovation.
13 Dec 2024 - 5:25PM
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Big Tech
TikTok
US asks court to reject TikTok’s bid to stave off law that could ban the app
The Justice Department argued that ‘continued Chinese control of the TikTok application poses a continuing threat to national security’.
13 Dec 2024 - 12:45PM
A man carries a Free TikTok sign in front of the courthouse where the hush-money trial of Donald Trump was underway on April 15 in New York. Photo: AP
Tech Trends
Semiconductors
Huawei’s new Mate 70 smartphone chip is ‘not a major redesign’, report finds
The findings contradict enthusiasm on Chinese social media, where users claimed the new Kirin 9020 had a performance boost of 30 per cent.
12 Dec 2024 - 9:00PM
38
Big Tech
Nvidia
Nvidia’s GeForce store on Tmall stirs debate after Beijing antitrust probe
After Nvidia became the target of a Beijing antitrust investigation, some Chinese netizens wondered if it had removed items from Tmall.
12 Dec 2024 - 7:59PM
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Big Tech
Artificial intelligence
China’s generative AI market sees fewer new entrants with 64 new approvals
The November AI model approvals is the smallest of the three batches released this year, as the market grows more saturated.
12 Dec 2024 - 6:00PM
The pace of new generative AI model approvals from Beijing has been slowing, suggesting the market is becoming saturated. Photo: Shutterstock
Big Tech
Tencent
Tencent’s low-profile CEO praises China’s economic policy, stimulus
The entrepreneur wrote in People’s Daily that the government has shown ‘strong determination’ in pushing for economic recovery.
12 Dec 2024 - 5:00PM
Tech War
Semiconductors
Exclusive
|
US to cap countries’ advanced chip access, with China in sights: sources
In a second escalation of chip restrictions this month, the US is planning to close sourcing loopholes through third-party countries, sources say.
12 Dec 2024 - 1:34PM
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Blockchain
Digital currencies
US bankers cautious about crypto amid expectations of regulatory easing
Goldman Sachs CEO David Solomon said the Wall Street giant would ‘evaluate’ dealing in top cryptocurrencies like bitcoin and ether if rules change.
12 Dec 2024 - 11:40AM
OPINION
Scott Cheng
,
David Ketchum
Opinion
|
Weakest link in Hong Kong’s tech ecosystem? Scale-up funding
24 Dec 2024 - 4:30PM
Syed Munir Khasru
Opinion
|
Why blanket bans are not the answer to keeping children safe online
27 Nov 2024 - 5:30AM
Zhou Xin
My Take
|
Tesla is getting love from Chinese state media, but can the affair last?
19 Nov 2024 - 7:00AM
Alice Wu
Opinion
|
A leader in digital competitiveness? Hong Kong still has a way to go
18 Nov 2024 - 9:30AM
Elina Noor
Opinion
|
Pragmatic Southeast Asia will adapt to Trump’s ‘America first’ agenda
16 Nov 2024 - 5:58AM
David Ketchum
,
Scott Cheng
Opinion
|
AI can help power the ‘Study in Hong Kong’ brand
13 Nov 2024 - 11:18AM
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