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China Future Tech
Founded in 2015 by three quantum physicists, XtalPi was listed in Hong Kong in June 2024. Photo: Handout

Tech Trends

Chinese AI drug researcher XtalPi expects to turn first annual profit

Shenzhen-based company projects net profit of at least US$14.5 million in 2025 on narrowing losses in core businesses, investment gains.

Will Apple’s low-cost iPhone 17e make a splash in China’s smartphone market?

Xiaomi tests humanoid robots as firm plans to deploy ‘large number’ in 5 years

Banking & Finance

How AI ‘scare trade’ is sparking an M&A rush by traditional firms, start-ups

AI start-ups and legacy firms clash in capital markets, spurring M&A as the technology reshapes industries.

AI-related disruptions are projected to lead to more mergers and acquisitions, accelerating automation, especially in the software-as-a-service industry. Photo: Shutterstock
AI-related disruptions are projected to lead to more mergers and acquisitions, accelerating automation, especially in the software-as-a-service industry. Photo: Shutterstock

Big Tech

US considers capping Nvidia H200 sales at 75,000 per Chinese customer

Shares of Nvidia slipped in late trading on the news, falling almost 1 per cent to a low of US$181.

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China Business

Investors lock onto NPC as markets seek policy lift amid AI jitters

With Chinese stocks drifting and global markets spooked by artificial intelligence fears, traders are eyeing the ‘two sessions’ for catalysts.

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Europe

US$2.68 billion class action claims UK PlayStation users overcharged for games

The antitrust claim accusing Sony of levying ‘unfair’ charges on downloads from its PlayStation Store will be heard in London next week.

Gamers play on Sony’s PlayStation 5. Photo: Shutterstock
Gamers play on Sony’s PlayStation 5. Photo: Shutterstock

Tech

AI-aided US strikes in Iran to intensify China tech self-reliance push: analysts

AI’s militarisation adds momentum to China’s drive for domestic chips and infrastructure, analysts say.

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Big Tech

Iran war disrupts Chinese tech firms’ Middle East operations

Baidu, WeRide and Meituan among companies halting operations or instituting remote work, as some Chinese nationals seek to escape region.

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Banking & Finance

Hong Kong, Shanghai sign pact on digital trade finance, cross-border data link

‘This marks an important milestone in the collaboration on financial innovation between Shanghai and Hong Kong,’ HKMA’s Howard Lee says.

The collaboration with Hong Kong is expected to help Shanghai realise innovative applications in digitised cargo trade and finance. Photo: Getty Images/iStockphoto

Tech

Hong Kong-listed AI firm MiniMax’s revenue jumps 159% on strong demand

Shanghai-based company predicts revenue will double this year, based on strong user growth for its M2.5 model.

MiniMax looks to capitalise on exploding interest in agentic AI products this year. Photo: Shutterstock
MiniMax looks to capitalise on exploding interest in agentic AI products this year. Photo: Shutterstock

Tech Trends

Tencent expands European cloud-computing presence with data centres in Germany

A cluster of physically independent data centres will open in Frankfurt in the second quarter, adding to the existing two in Germany.

Big Tech

Huawei holds global debut for AI computing clusters in challenge to Nvidia

US-sanctioned Huawei Technologies brings ‘world’s most powerful’ AI compute systems to an international audience at MWC Barcelona 2026.

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Banking & Finance

Hong Kong’s new cash-for-residency scheme draws US$12 billion in first 2 years

Number of applicants surges in second year, with most of the deployed capital going into authorised funds, equities and debt securities.

More than 1,700 investors have completed their commitments and received formal approval from the Immigration Department. Photo: Jelly Tse

Tech

China’s Honor debuts robot phone and humanoid companion in push into AI hardware

Robot phone – featuring motorised arm that tracks motion and interacts with users through camera movement – unveiled ahead of MWC Barcelona.

Honor gives a preview of its robot phone, which features a fold-out gimbal-attached camera, ahead of MWC Barcelona. Photo: Handout
Honor gives a preview of its robot phone, which features a fold-out gimbal-attached camera, ahead of MWC Barcelona. Photo: Handout

Tech

China’s Xiaomi steps up global push with flagship smartphone 17 series launch

The launch ahead of MWC Barcelona showcases Xiaomi’s push into premium market with new phones, tablet, smartwatch and concept hypercar.

Tech Trends

Chinese smartphone makers bet on pivot to AI to weather memory chip crunch

Some Android phone makers are also expected to showcase experimental robots and other AI devices at the annual trade show.

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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.

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Nexperia is caught in a geopolitical tussle between the Netherlands and China. Illustration: Lau Ka-kuen
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.

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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.

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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.

Illustration: Henry Wong
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China Future Tech
HIGHLIGHTS FROM
China Future Tech

Tech

Chinese chip firms Cambricon, Moore Threads post sales jump on domestic demand

Chinese AI chip designer Cambricon posted its first annual profit since listing in 2020. Photo: VCG/VCG via Getty Images

Business

Will users stick around after China’s US$1 billion AI marketing battle?

Red-packet battle: AI tech giants spent a collective US$1 billion on marketing this Chinese New Year. Photo: Getty Images

Tech Trends

Chinese AI drug researcher XtalPi expects to turn first annual profit

Founded in 2015 by three quantum physicists, XtalPi was listed in Hong Kong in June 2024. Photo: Handout

Tech

AI-aided US strikes in Iran to intensify China tech self-reliance push: analysts

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The US reportedly deployed Anthropic’s systems in the Iran campaign, including for intelligence assessments, target identification and battle scenario simulations. Photo: AFP

China EVs

China should skip a step in self-driving cars, Xpeng CEO says

The Next P7, an electric vehicle from Xpeng, appears at the Indonesian International Motor Show in Jakarta on February 5, 2026. Photo: AP Photo
MORE IN China Future Tech
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OPINION
Jianlu Bi

Opinion | How the US ceded the robotics economy to China

Jianlu Bi
Adam Au

Opinion | As AI agents advance, Hong Kong should shape the rules now

Adam Au
Gerui Wang

Opinion | Humans vs robots? China begs to disagree

Gerui Wang
Bernard Chan

Opinion | US and China can again find common ground – in AI’s risks

Bernard Chan
Eric Stryson

Opinion | How recent graduates entering the job market can outperform AI

Eric Stryson
Andrew Sheng

Opinion | In the age of AI, we must learn to act before the future is clear

Andrew Sheng
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MULTIMEDIA
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Why are Hong Kong’s fresh graduates struggling to find a job?

Hong Kong graduates face gloomiest job outlook in 5 years
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Why viral clip of Brad Pitt-Tom Cruise fight shook Hollywood

Brad Pitt and Tom Cruise fighting in an AI generated video
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Chinese robodog passed off as India-made at AI summit

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