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The latest news, analysis and opinion on Hangzhou. In-depth analysis, industry insights and expert opinion.
Head of Government
Party Secretary of Hangzhou Liu Jie
The firms join a broader trend of hi-tech firms flocking to the Shanghai Stock Exchange’s Nasdaq-style Star Market. Photo: Xinhua
IPO

More Chinese developers of brain-computer interfaces move towards IPOs

Arfysica and Neuracle aim for Star Market listings amid what a Morgan Stanley analyst calls the ‘early stage of a multi-year IPO upcycle’.

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Robotics

Robot guide dog debuts in China amid severe lack of the furry kind

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Commodities

Why younger investors worldwide are stashing physical gold despite price swings

China technology

China approves string of ‘telepathy’ devices amid push to leapfrog Elon Musk

Chinese regulators have approved a group of brain-technology products this year, as local start-ups push to surpass Musk’s Neuralink.

Domestically developed brain-computer interface products at China Sensor Valley in Bengbu, Anhui province, last month. Photo: Xinhua
US-China relations

Trump envoy Daines visits Chinese AI, space firms ahead of Xi summit in US

Montana Republican’s trip coincides with intensifying tech war that has become a major front in the US-China strategic rivalry.

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Accidents and disasters in China

Storm travel chaos as Typhoon Saudel makes double landfall in China

US embassy urges American citizens to stay clear of affected coastal and storm zones and track local news for updates.

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Banking & finance

US surgical robotics firm targets Hong Kong listing to tap mainland China market

Noah Medical expects to file application as early as next year, joining surge of tech listings tapping city’s international fundraising pool.

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Noah Medical has begun preparations for a Hong Kong listing. Photo: Handout
Artificial intelligence

Biomedicine | China thinks big on brain-computer interfaces

Launch of commercial BCI implantation, ahead of US, offers hope to millions with brain or spinal injuries as plans are made for the technology’s wider use.

Hong Kong stock market

China rushes to develop Moderna-style cancer vaccines amid market frenzy

Chinese biotech firms are already working on more than 100 cancer vaccines. Now, many are seeing their shares surge amid Moderna’s breakthrough.

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China society

Opinion | Forcing women to drink at business dinners has no place in modern China

The alleged assault of a female employee in Hangzhou exposes how such unsavoury practices persist amid Beijing’s anti-extravagance campaign.

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China’s drinking culture has deep roots. Photo: Getty Images
China-Asean relations

Exclusive | Malaysia’s Anwar to visit China next month with an eye on building trade ties

The Malaysian prime minister is expected to attend digital economy expo in Hangzhou and hold talks with Premier Li Qiang, sources say.

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Malaysian Prime Minister Anwar Ibrahim (right) and Chinese Premier Li Qiang (left), seen here in May 2025, are expected to hold talks next month in China, sources say. Photo: Handout
Robotics

Unitree Robotics surges 629% to US$66 billion valuation in Shanghai share debut

Stock jumps as first listing by humanoid robot maker draws 9.8 million retail investment accounts competing for just 9.7 million shares.

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Artificial intelligence

Meet the Chinese AI star who splashed a reported US$70m on a California mansion

Tony Wu Yuhuai, co-founder of Elon Musk’s AI lab, reportedly buys 12-acre estate, putting a spotlight on China’s Silicon Valley talent.

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Robotics

Robotics | Chinese robots on the march despite tech war hurdles

Recent US ban on new robots is unlikely to prevent robotics becoming China’s next export engine after electric vehicles.

Chinese robots on the march despite tech war hurdles
Artificial intelligence

Home province of DeepSeek, Moonshot founders seeks to retain future AI talent

After losing top founders in artificial intelligence to rivals, the southern province aims to better attract, retain talent.

A view of Guangzhou, in China’s southern Guangdong province. Photo: Shutterstock
China property

Rebound in China luxury home sales divorced from rest of market: analysts

Data from a real estate consultancy shows 38 per cent rise in sales of homes priced between 30 million and 50 million yuan in first half.

Artificial intelligence

Back in the Harness: DeepSeek continues its pivot towards agentic AI

With the launch of Harness, China’s DeepSeek continues to build the foundational digital scaffolding for autonomous AI agents.

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Tourism

Chinese museums red-faced after caption errors mar communist-themed displays

Blunders such as getting the name of the Red Army or revolutionary leaders wrong have prompted a flurry of public criticism.

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The British YouTuber “Mike Okay” dressed in Red Army uniform for a battle reenactment. Photo: Youtube/Mike Okay
Alibaba

China’s richest province taps Alibaba to power its AI and chip push

Guangdong province deepens ties with China tech giant to boost digital innovation by focusing on AI, semiconductors and smart services.

Hong Kong stock market

From chasing robots to chasing profits: the numbers moving markets

Unitree Robotics, US inflation rates, gold prices, Hong Kong homes and CK Hutchison’s interim results were in the spotlight this week.

Chinese offshore investment

Opinion | Beijing’s offshore insurance tax tests Hong Kong wealth management

While markets initially fell, more transparent cross-border oversight could strengthen the city’s credibility as a wealth management centre.

Hong Kong’s central business district. To mainland Chinese clients, Hong Kong insurance products also served as a long-term investment vehicle, a US dollar savings instrument and an estate planning tool. Photo: Reuters
China technology

The next tech race? China launches push to leapfrog US in ‘brain chip’ devices

China is throwing the power of the state behind efforts to overtake Elon Musk in a vital frontier technology: brain-computer interfaces.

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China is pushing to commercialise brain-computer interface technology. Photo: Shutterstock
US-China relations

US panel on China sees confidence masking economic anxiety after rare visit

Congressional advisers cite AI optimism but question Beijing’s openness after being denied access to Hangzhou tech firms.

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China manufacturing

From solar to AI: why China may be entering its ‘Go Global 3.0’ era

As a new wave of Chinese firms captures global demand for hi-tech goods, a new report highlights a strategic shift towards AI hardware and robotics.

Robotics

Unitree IPO deluge masks humanoid robots’ limitations

Retail investors subscribed for more than 5,500 times the shares on offer in Unitree Robotics’ offering amid hype about advances for humanoid robots and a run of Shanghai IPO windfalls.

Photo: SCMP
Robotics

AgiBot dethrones Unitree as world’s top humanoid maker ahead of IPOs

AgiBot’s shipments surged 562 per cent year on year, supported by a portfolio of full-size bipedals, compact units and wheeled robots.

An Agibot humanoid robot is pictured at the company’s facility in Shanghai, on August 4, 2026. Photo: Xinhua
Accidents and disasters in China

Beijing on red alert as Typhoon Dolphin grounds nearly 1,000 flights in Shanghai

The weather system is maintaining its strength as it heads north with rains forecast to grow increasingly stronger over the next three days.

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Accidents and disasters in China

Red alert: Shanghai cancels 80% of flights as Typhoon Dolphin makes landfall

The storm strikes coastal Zhejiang province on Sunday evening, packing heavy winds and disrupting travel across eastern China.

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