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ByteDance plans to spend about 100 billion yuan on AI chips from Nvidia in 2026 if the US company is allowed to sell its H200 graphic processing units in China, sources say. Photo: Handout
ByteDance

Exclusive | ByteDance to pour US$14 billion into Nvidia chips in 2026 as AI demand surges

Chinese unicorn’s computing needs have climbed across its portfolio of popular apps, cloud unit Volcano Engine and large language models.

TikTok

China’s stance on TikTok deal seen as acceptance, not approval: analysts

Fintech

Why Hong Kong is emerging as the world’s AI crossroads between East and West

Xiaomi

China’s Xiaomi rejects claims of military ties after appeal by US lawmakers

Smartphone-to-vehicle giant says it ‘has always been and continues to be a consumer product company’.

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Xiaomi says it is not a Chinese military company nor affiliated with any Chinese military entities. Photo: Shutterstock
Xiaomi says it is not a Chinese military company nor affiliated with any Chinese military entities. Photo: Shutterstock
Cybersecurity

China’s Kuaishou hit by breach as explicit content floods live-streaming rooms

Short-video platform’s services are thrown into chaos on Monday night after the cyberattack it blames on ‘black and grey industries’.

TikTok

Exclusive | TikTok owner ByteDance’s valuation hits US$500 billion as US plan advances

Figure marks a record for China’s tech giant, which will divest its US entity into a joint venture that includes Oracle and Silver Lake.

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Electric & new energy vehicles

China’s approval for L3 self-driving cars to stimulate slowing mainland market

Chinese carmakers could sell about 270,000 semi-autonomous vehicles next year, representing 1 per cent of the total market, Daiwa says.

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Semi-autonomous cars with L3 technology are likely to spur sales on the mainland next year. Photo: Reuters
Semi-autonomous cars with L3 technology are likely to spur sales on the mainland next year. Photo: Reuters
Made in China 2025

Can rising lithium costs save China’s energy storage firms from a price war?

China’s battery makers raise prices amid lithium rebound and global AI energy demand.

Made in China 2025

China’s new drug insurance: lifeline for patients or squeeze on big firms?

New insurance formulary trims costs of Alzheimer’s and cancer therapies and marks a small win for global novel drug makers.

Electric & new energy vehicles

Xpeng, Li Auto given approval to test ‘hands-off’ L3 cars amid slowing market

Deregulation to legalise L3 technology represents a leap forward in commercialising autonomous driving systems in China.

A Li Auto vehicle draws crowds at the Beijing International Automotive Exhibition, April 25, 2024. Photo: Reuters
Artificial intelligence

Chinese expert calls for world models and safety standards for embodied AI

Turing Award winner Andrew Yao says embodied AI needs reasoning, planning and control in one framework.

Andrew Yao speaks at the Global Developer Pioneers Summit in Shanghai. Photo: Handout
Andrew Yao speaks at the Global Developer Pioneers Summit in Shanghai. Photo: Handout
Artificial intelligence

Why Nvidia chip is unlikely to derail ambitions of China’s Huawei, Moore Threads

China’s huge demand for AI computing power leaves room for growth for both US and domestic chips, analysts say.

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Artificial intelligence

Arm China, RabbitPre among mainland Chinese firms expanding in Hong Kong

Arm China is among the fifth batch of companies brought to Hong Kong by OASES, which has so far drawn more than 102 firms.

China stock market

Investors brace as Beijing’s policy huddle tests China’s stock rebound

With China’s stock rally fading, markets are pinning their hopes on the Central Economic Work Conference for signs of clearer policy support.

Investors widely expect Beijing to maintain a proactive fiscal stance and accommodative monetary policy in 2026. Photo: EPA
Hong Kong

Crypto exchange Gate weighs Hong Kong licence return amid high compliance costs

Hong Kong’s policies pose some difficulties and covering the cost of operating locally is difficult, founder and CEO Lin Han says.

Lin Han, founder and CEO of cryptocurrency exchange Gate. Photo: Handout
Lin Han, founder and CEO of cryptocurrency exchange Gate. Photo: Handout
Blockchain

Chinese industry bodies issue RWA tokenisation warning amid Beijing’s crackdown

This was the mainland associations’ first warning to members as Chinese authorities have explicitly targeted RWA tokenisation.

Cryptocurrency

HashKey’s IPO seeks US$300 million under shadow of Beijing’s regulatory scrutiny

HashKey is likely to debut on the Hong Kong stock exchange within the next two to three months ‘if it receives adequate investor interest’.

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Robotics

Tsinghua University sets up research institute in push for robotics talent

The Institute for Embodied Intelligence and Robotics will be led by Zhang Tao, director of the university’s automation department.

Tsinghua University’s Institute of Embodied AI and Robotics will integrate resources from its different schools. Photo: Shutterstock
Tsinghua University’s Institute of Embodied AI and Robotics will integrate resources from its different schools. Photo: Shutterstock
Robotics

Chinese schools offer ‘embodied intelligence’ courses to aid robotics industry

Shanghai Jiao Tong University and Zhejiang University are among seven schools that plan to offer ‘embodied intelligence’ as a new major.

Fintech

Does tokenisation in China risk a repeat of the P2P lending crisis?

Tokenisation provides value, but the interest of multilevel marketers raises ‘genuine concerns’, forum speaker says.

Fintech

Hong Kong reaps the fruits of fintech seeds sown nearly 10 years ago

Hong Kong’s rise as a fintech hub is due to the concerted regulatory push, with the city competing with Singapore for regional leadership.

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Illustration by Henry Wong
Romoss

China’s proposed new regulations on power banks worry producers and consumers

The proposed rules will significantly raise the bar for ‘safe’ power banks, potentially banning them from plane cabins.

Current regulations only permit power banks with China Compulsory Certification to be brought onboard domestic flights. Photo: Shutterstock Images
Current regulations only permit power banks with China Compulsory Certification to be brought onboard domestic flights. Photo: Shutterstock Images
Artificial intelligence

DeepSeek, Alibaba researchers endorse China’s AI regulatory framework

China’s AI regulatory framework is taking shape as its open-source systems gain popularity worldwide, according to paper.

TikTok

TikTok names former Boeing executive as US public policy chief

Ojakli, who previously oversaw government affairs at Ford Motor and Softbank, will begin his new role December 1.

Robotics

UBTech humanoid robots to patrol China-Vietnam border crossings

The initiative features the industrial-grade Walker S2, billed as the world’s first humanoid robot capable of replacing its own battery.

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A UBTech humanoid robot seen at the China International Supply Chain Expo in Beijing in July. Photo: Reuters
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