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Montage Technology expects to raise as much as US$896 million from its Hong Kong initial public offering. Photo: Handout
Semiconductors

Mainland memory firms eye Hong Kong for funds to fuel ‘global ambitions’

Several suppliers aim to follow in the footsteps of Montage Technology, which is set to raise US$896 million and debuts next week.

Fintech

HKMA launches quantum readiness and cybersecurity projects for banks in AI era

Artificial intelligence

Funding surge powers Chinese robotics firms as focus shifts to humanoid ‘brains’

Artificial intelligence

Compact AI model from China’s StepFun outshines rivals from DeepSeek, Moonshot

StepFun says its lightweight model Step 3.5 Flash aims to redefine efficiency and reasoning in China’s growing AI race.

Chinese AI developers are rushing to launch new models around the Lunar New Year to capitalise on the festive season. Photo: Shutterstock
Chinese AI developers are rushing to launch new models around the Lunar New Year to capitalise on the festive season. Photo: Shutterstock
Macau

Uber enters first Asian market in years with Macau relaunch

Riders can hail taxis in the gambling hub, or reserve limo service to and from Hong Kong, via the Uber app from Tuesday.

Artificial intelligence

‘Value for money’: OpenClaw picks Chinese AI models for cost edge over US rivals

OpenClaw adds Moonshot AI’s Kimi and MiniMax as Chinese open-source AI models gain global appeal for cost and performance.

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Artificial intelligence

Red packet rumble: will Tencent’s cash giveaway work again in crowded AI market?

Analysts say strong competition from ByteDance, DeepSeek, Ant Group and Alibaba may prevent Tencent’s Yuanbao from repeating WeChat glory.

Tencent’s Yuanbao has launched a campaign that gives out cash through digital red packets. Photo: Shutterstock
Tencent’s Yuanbao has launched a campaign that gives out cash through digital red packets. Photo: Shutterstock
Artificial intelligence

Alibaba’s Qwen ramps up AI app race with Spring Festival giveaway blitz

Alibaba unveils US$432 million campaign to push mass-market adoption of its AI as rivalry with Tencent, Baidu and ByteDance intensifies.

Artificial intelligence

China’s AI labs race to debut latest models before Lunar New Year

More firms expected to follow Alibaba and Moonshot with model releases, as the festival becomes a key period to establish visibility.

Semiconductors

Nvidia’s Jensen Huang urges TSMC to expand capacity amid AI chip crunch

Taiwan trip highlights supply chain strains, with Huang saying Nvidia alone could potentially require TSMC to more than double its capacity.

TSMC is doing an incredible job, says Nvidia CEO Jensen Huang, right, who is seen with TSMC CEO C C Wei in Taiwan. Photo: Reuters
Robotics

‘Optimus chain’: Chinese suppliers form backbone of Tesla’s humanoid robot plans

Tesla’s pivot to producing humanoid robots is expected to engage a network of key Chinese component makers.

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Tesla’s Optimus humanoid robot is seen on display at a company showroom in Phoenix, Arizona. Photo: Shutterstock
Tesla’s Optimus humanoid robot is seen on display at a company showroom in Phoenix, Arizona. Photo: Shutterstock
Semiconductors

Profits rise for China’s semiconductor firms on AI boom, tech self-reliance push

Domestic A-share companies in the sector are forecast to achieve substantial growth in their 2025 results, according to Donghai Securities.

Semiconductors

Chinese firms set for market growth as the global memory super cycle heats up

Eye-watering DRAM prices are bad news for consumers and smartphone brands, but present an opportunity for Chinese firms led by CXMT and YMTC.

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Artificial intelligence

Ant Group’s open-source push aims to move robots from lab demos to real-world work

Flashy robots can dance and backflip on cue, but Ant Group is betting open-source AI can take them beyond scripted moves.

Chinese fintech giant Ant Group has open-sourced its first ever artificial intelligence models designed to make robots intelligent enough to be highly productive in the real world. Photo: Handout
Artificial intelligence

China tech giants ByteDance and Alibaba to ramp up AI infrastructure efforts

The two firms’ actions are poised to further intensify the global AI arms race.

ByteDance CEO Liang Rubo wants to optimise efficiency across the firm’s AI infrastructure. Photo: Shutterstock
ByteDance CEO Liang Rubo wants to optimise efficiency across the firm’s AI infrastructure. Photo: Shutterstock
Artificial intelligence

Alibaba AI chip push hits 100,000 mark, beating local rival Cambricon: sources

The milestone underscores Alibaba’s growing footprint in AI hardware, as Chinese firms accelerate efforts to build home-grown processors.

Artificial intelligence

China’s cloud giants race to support Moltbot, the ‘AI that actually does things’

Hyperscalers embrace the AI agent, which can execute tasks without step-by-step instructions, but privacy concerns loom large.

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Semiconductors

Alibaba’s T-Head unit unveils details of AI chip designed to rival Nvidia’s GPUs

The launch of the Zhenwu 810E marks the latest initiative by China’s Big Tech firms to develop a domestic alternative to Nvidia’s AI chips.

T-Head, the semiconductor design arm of Alibaba, promotes its Zhenwu 810E chip as capable for both AI training and inference. Photo: Handout
T-Head, the semiconductor design arm of Alibaba, promotes its Zhenwu 810E chip as capable for both AI training and inference. Photo: Handout
Semiconductors

Nvidia wins approval for Taiwan headquarters to secure AI chip supply

Jensen Huang’s expansion plan highlights Silicon Valley chip designer’s reliance on TSMC as AI demand accelerates.

Semiconductors

ASML reports heated global demand in 2025, but cools China outlook

US limits on ASML’s China trade continue to define the company’s growth pattern, with overall sales up despite China revenues falling.

Semiconductors

Hygon’s chips ‘safe’ from AMD security flaw amid China’s tech self-reliance push

That result shows Hygon’s efforts in redesigning the chip architecture licensed from AMD with self-developed innovations.

A Hygon accelerator used in artificial intelligence model training and inference. Photo: Hygon
Artificial intelligence

Moonshot’s newest release narrows US-China AI model development gap: analysts

Kimi K2.5 raises questions about the potency of US controls on advanced chips to constrain China’s AI efforts, Brookings’ Kyle Chan says.

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Chinese start-up Moonshot AI on Tuesday released its latest artificial intelligence model, Kimi K2.5. Photo: Shutterstock
Chinese start-up Moonshot AI on Tuesday released its latest artificial intelligence model, Kimi K2.5. Photo: Shutterstock
Semiconductors

Beijing weighs H200 imports amid uncertainty for China tech giants

More than 400,000 H200 chips reportedly approved for ByteDance, Alibaba and Tencent as China balances AI needs with tech self-reliance push.

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Artificial intelligence

‘Teach our children well’: Jack Ma urges changes to China’s education in AI era

China’s educators must teach students to ask thousands of good questions, rather than give the same correct answer, Ma says.

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Artificial intelligence

Price rises on horizon for Chinese cloud firms after Google, AWS set new rates

Surging AI workloads, memory prices push Chinese cloud providers to consider increases after global peers act.

Alibaba Cloud led China’s AI cloud sector in the first half of 2025 with a market share of 36 per cent. Photo: Shutterstock
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