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China Future Tech

Guillermo Baygual, Citigroup’s global co-head of mergers and acquisitions, pictured in Hong Kong on February 6, 2026. Photo: Jonathan Wong

Banking & Finance

M&A market ‘firing on all cylinders’, headed for record year: Citigroup

Confident companies and investors, solid economic growth, low inflation and ample capital drive outlook, bank’s global M&A co-head says.

2 hours ago

AutoFlight unveils world’s largest flying car as China races to lead the skies

8 Feb 2026 - 5:15PM

China’s Year of the Horse shoppers let emotional satisfaction take the reins

8 Feb 2026 - 9:28PM

Big Tech

US software rout spills over to China’s SaaS sector

The software sector in China has long been constrained by slower cloud adoption and a weaker appetite for recurring subscription fees.

7 Feb 2026 - 5:18PM

AI letters and a robot hand are seen on computer motherboard in this illustration created on June 23, 2023. Photo: Reuters

Cryptocurrency

China tightens crypto crackdown with onshore RWA tokenisation ban

Domestic entities, as well as offshore entities under their control, cannot issue virtual currencies overseas without approval.

7 Feb 2026 - 2:20PM

China Business

Tesla launches China AI training centre as self-driving race accelerates

US EV giant opens hub to advance its Full Self-Driving software, as Chinese carmakers step up their own L3 autonomous driving plans.

6 Feb 2026 - 11:07PM

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Tech

China fines firms for fake ChatGPT and DeepSeek services

The two cases are among five examples made public by SAMR as it steps up efforts to fight unfair competition in China’s AI industry.

6 Feb 2026 - 10:06PM

Several companies have been fined for posing as DeepSeek and OpenAI’s ChatGPT. Photo: EPA

Tech

Sweet surge: Qwen overtakes Yuanbao after Alibaba’s bubble tea campaign

More than 10 million free orders put Alibaba’s AI app in the spotlight amid a high-stakes battle for Spring Festival attention.

6 Feb 2026 - 8:35PM

Business

China’s Kuaishou slapped with US$17 million fine after explicit content probe

The fine comes days after a separate e-commerce penalty, adding pressure on China’s No 2 short-video platform to tighten controls.

6 Feb 2026 - 6:55PM

China Business

Fosun Pharma unit licenses lung cancer drug to Eisai in US$1.55 billion deal

The deal comes as Chinese novel drug makers are having more say in how their new medicines are developed with global partners.

6 Feb 2026 - 5:00PM

A view of the Shanghai facility of Fosun Pharma’s biopharma unit Henlius. Photo: Handout

Tech

China trials largest locally made AI computing resource in infrastructure push

The node is designed for large-scale AI scenarios, including trillion-parameter model training and high-throughput inference.

6 Feb 2026 - 4:19PM

A worker adjusts a display panel showing a computer chip and the Chinese characters for “independence” at the Sugon booth during the World AI Conference in Shanghai, July 5, 2023. Photo: AP

Tech Trends

China’s humanoid makers pivot from ‘body’ to ‘brain’ as commercial race heats up

Dobot claims its self-developed vision-language-action model lets humanoid robots react to the real world rather than just perform preprogrammed tasks.

6 Feb 2026 - 9:15AM

Tech

How Elon Musk’s space-based AI vision sparked a Chinese solar stock frenzy

Musk’s pursuit of space-based data centres has drawn attention to China’s solar industry, sparking market rallies – and calls for caution.

6 Feb 2026 - 8:52AM

United States & Canada

Bitcoin drops, driving US$2 trillion slide in crypto market value

The world’s largest cryptocurrency fell to a low of US$66,675.12, its weakest since October 2024, a month before Trump won the US election.

6 Feb 2026 - 2:38AM

Bitcoin tumbled below US$70,000 on Thursday as negative momentum deepened across cryptocurrencies. Photo: AFP

Tech War

TSMC Japan plan for advanced chips seen as hedge against pressure from US, China

The expanded Japan presence will ensure that some of TSMC’s production is immune from Trump’s on-again, off-again import tariffs.

5 Feb 2026 - 8:00PM

TSMC CEO CC Wei (left) meets Japanese Prime Minister Sanae Takaichi in Tokyo on Thursday. Photo: Kyodo

Big Tech

TikTok tax time: ByteDance ‘encourages’ Chinese staff to declare global income

ByteDance’s notice to overseas staff reflects Beijing’s widening net over citizens’ foreign income.

5 Feb 2026 - 7:30PM

Tech

Baidu unveils first-ever dividend and US$5 billion buy-back amid AI race

In a move designed to steady investor nerves, Baidu signalled a shift towards more predictable payouts as AI spending continues to rise.

5 Feb 2026 - 1:24PM

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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.

15 Nov 2025 - 11:00AM

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.

11 Oct 2025 - 12:05PMvideocam

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.

27 Sep 2025 - 11:28AM

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.

13 Sep 2025 - 10:36AM

Illustration: Henry Wong

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HIGHLIGHTS FROM

China Future Tech

Tech Trends

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

1 Feb 2026 - 2:00PMvideocam

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

Business

AutoFlight unveils world’s largest flying car as China races to lead the skies

8 Feb 2026 - 5:15PM

AutoFlight describes eVTOL aircraft Matrix as the largest of its kind in the world. Photo: Handout

China Business

Tesla launches China AI training centre as self-driving race accelerates

6 Feb 2026 - 11:07PM

The AI training centre’s launch marks a significant step towards commercialising Tesla’s Full Self-Driving navigation software in mainland China. Photo: Reuters

China Business

Fosun Pharma unit licenses lung cancer drug to Eisai in US$1.55 billion deal

6 Feb 2026 - 5:00PM

A view of the Shanghai facility of Fosun Pharma’s biopharma unit Henlius. Photo: Handout

Tech

China trials largest locally made AI computing resource in infrastructure push

6 Feb 2026 - 4:19PM

A worker adjusts a display panel showing a computer chip and the Chinese characters for “independence” at the Sugon booth during the World AI Conference in Shanghai, July 5, 2023. Photo: AP

MORE IN China Future Tech

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World’s first ‘biomimetic AI robot’ debuts in Shanghai

The robot, which is able to replicate human micro-expressions and walking postures, will be priced at 1.2 million yuan (US$173,000)

The great AI schism: China and US are superpowers with very different playbooks

Post Techcast: the great AI schism

The DeepSeek shock wave: China’s Sputnik moment

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The talent engine: powering China’s AI rise

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