But one legislator warns of impacts of possible sanctions, which he says may prevent city from importing technology it needs to produce chips.

Roll-out provides a safe, convenient means of payment for Hongkongers spending in mainland China and mainland users in Hong Kong, HKMA says.

Only those with bad intentions will pick quarrels rather than simply raise questions, John Lee says at reception for annual Hong Kong News Awards.

China’s search engine and AI giant saw revenue grow 1 per cent in the first quarter, while net income fell 6 per cent but was better than estimates.

Temu often fails to provide consumers with crucial information about the sellers on its platform and safety standards of products, according to the complaint.

Kingland Systems is closing its first subsidiary outside the US and sacking its entire local workforce, sources say.

Chinese electric vehicle (EV) maker Nio plans to stay on the sidelines amid a bruising price war in the sector, even after it launched a new mass-market brand to target budget-conscious consumers.

Readers discuss the best ways to support young people, how Hong Kong should use its tourism dollars, and the importance of gender diversity and expression in sports.

The world’s largest double-decker bus maker, Alexander Dennis, said electrification is the future for Hong Kong’s bus fleet and hopes to roll out more battery-powered models for the city to meet its decarbonisation goals.

The real estate mogul and former LA Dodgers owner says he’s putting together a consortium to buy the app from China-based ByteDance.

Nio has launched a new electric vehicle brand – Onvo – targeted at China’s cost-conscious middle-income consumers amid fierce competition in the world’s largest EV market.

Analysts discuss how Beijing could respond to Washington’s latest trade offensive, and how the impact could have repercussions beyond China’s borders.

Chinese smartphone maker Xiaomi has become the country’s eighth-largest EV upstart after selling more than 7,000 units of its SU7 sedan in April, according to industry data.

Google parent Alphabet on Tuesday showed how it is building on artificial intelligence across its businesses, including a beefed-up Gemini chatbot.

At a meeting in Geneva on Tuesday, officials from both countries affirm commitment to reduce AI risks and improve world governance.

The departure ends months of speculation in Silicon Valley about the future of a top AI researcher and OpenAI co-founder since he largely disappeared from public view.

The small-business financing platform co-founded by former HKEX chief Charles Li Xiaojia said it is asking staff to invest in the start-ups it backs, confirming an online article that sparked widespread discussion on social media.

Foxconn reported a net profit of US$679 million in the first quarter, which missed analysts’ average estimate of US$897 million.

Tariffs would rise to 100 per cent from 27.5 per cent on China-made electric vehicles (EVs) and to 50 per cent on its semiconductors and solar cells.

The deal, unveiled on Tuesday, marks one of the biggest takeovers in Taiwan outside the semiconductor industry.

The Shanghai-based company says its placement on a US list of firms accused of aiding China’s military has caused it to suffer reputational injury and lost business opportunities.

The US start-up on Monday announces a new AI model called GPT-4o, in a series of demonstrations that verged on science-fiction.

Developing economies in Asia-Pacific are putting generative AI to use at a greater pace and with more enthusiasm than their more advanced neighbours, according to a study by Deloitte.

Fresh US tariffs targeting China’s new-energy sector are imminent, threatening to thwart export efforts aimed at alleviating a market oversupply.

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The Tokyo-based company earned a better-than-expected net income in the March quarter, helped by investment gains.