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Artificial intelligence
Self-driving cars and autonomous vehicles
China digital currency
Alibaba
Tencent Holdings
Pinduoduo
Xiaomi
Baidu
JD.com
Kuaishou
Moore Threads’ shares have soared since their debut in Shanghai on December 5. Photo: CFOTO/Future Publishing via Getty Images
Moore Threads

Moore Threads unveils new AI chips to challenge Nvidia

The Shanghai-listed chipmaker launched the Huashan chip for AI and the Lushan chip for gaming, promising superior performance for both.

China’s soft power

From Labubu to blockbuster films, was 2025 the year of China’s soft power?

Robotics

Building a humanoid robot without China? Then you better bring a bigger wallet

ByteDance

ByteDance raises pay, boosts bonuses to retain staff amid AI talent war

The TikTok owner has announced higher bonuses, wider pay bands and faster equity payouts as it seeks to stay competitive in the global talent race.

ByteDance said its total bonus pool would increase by 35 per cent from a year earlier, while spending on compensation adjustments would rise 1.5 times. Photo: Shutterstock
ByteDance said its total bonus pool would increase by 35 per cent from a year earlier, while spending on compensation adjustments would rise 1.5 times. Photo: Shutterstock
United States

Are Chinese biotechs what the doctor ordered as Big Pharma faces ‘patent cliff’?

US drug makers are racing to plug looming ‘patent cliff’ revenue gaps – and increasingly they are turning to China biotechs.

Robotics

China’s humanoid arms race: start-ups debut robots for stores, offices and factories

China’s latest venture-backed robotics contenders are unveiling ever more humanlike machines for reception desks, stores and factory floors.

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Artificial intelligence

China’s Sugon launches AI infrastructure to rival platforms from Nvidia, Huawei

The Beijing-based supercomputer maker says its scaleX platform represents China’s first 10,000-card AI supercluster.

Supercomputer maker Sugon launches scaleX platform at an event in Kunshan, a city in eastern Jiangsu province. Photo: Handout
Supercomputer maker Sugon launches scaleX platform at an event in Kunshan, a city in eastern Jiangsu province. Photo: Handout
Ant Group

Alipay+ announces sponsorship deal with WNBA team New York Liberty

The sponsorship follows the designation earlier this month of Liberty player Sabrina Ionescu as Ant International’s global brand ambassador.

Semiconductors

China eyes mastery of EUV lithography, bolstering AI chip ambitions: analysts

‘As the semiconductor dream has become a national security issue, I would not underestimate China’s ambition,’ Natixis analyst Gary Ng says.

Mobile gaming

China’s video game sales reach record amid overseas expansion, AI investment

In 2025, China is expected to surpass the US as the world’s largest gaming market, with revenue of US$53.2 billion, according to Newzoo.

China’s major studios have pivoted towards international markets with the success of titles such as Delta Force. Photo: Handout
E-commerce

Alibaba ramps up China instant commerce push with Cainiao and Tmall tie-up

Partnership designed to expand warehouse network and boost Taobao Shangou’s rapid service as rivals Meituan and JD.com scale up facilities.

Cainiao will launch new or expand instant commerce warehouses for Tmall Supermarket. Photo: Shutterstock
Cainiao will launch new or expand instant commerce warehouses for Tmall Supermarket. Photo: Shutterstock
Banking & finance

Chinese AI, chip start-ups court global investors with Hong Kong listing plans

GigaDevice and Montage are each aiming to raise as much as US$1 billion from Hong Kong listings as early as January, report says.

Semiconductors

US launches review of Nvidia’s H200 chip sales to China: sources

The inter-agency licensing review involves the US departments of Commerce, State, Energy and Defence.

Made in China 2025

China’s pharmaceutical industry transforms into a global innovation powerhouse

The China Pharmaceutical Innovation and Invention Index, a new gauge, highlights top drug makers on the mainland for the first time.

China is gaining a solid reputation as a pharmaceutical innovation hub, according to global consultancy Idea Pharma. Photo: AP
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.

Deegares says it is raising prices of lithium batteries by 15 per cent. Photo: Handout
Deegares says it is raising prices of lithium batteries by 15 per cent. Photo: Handout
Artificial intelligence

SenseTime pushes open-source AI model to provide a ‘smart brain’ for every robot

The Chinese AI pioneer also releases first robot dogs under new venture Ace Robotics.

Robotics

CATL marks trailblazing deployment of humanoid robots at scale in China plant

The initiative underscores the growing use of intelligent Chinese-made robots in the country’s manufacturing industry.

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Alibaba

Alibaba deepens ecosystem with Qwen-Amap tie-up for routes, restaurants and more

The integration marks Alibaba’s first full tie-in for Qwen, as the company pushes for more synergy across its sprawling consumer platforms.

Amap has become the first Alibaba ecosystem service to be fully integrated with its Qwen app. Photo: Handout
Amap has become the first Alibaba ecosystem service to be fully integrated with its Qwen app. Photo: Handout
Artificial intelligence

ByteDance AI model usage grows over tenfold on strong demand from Chinese firms

‘AI is being adopted at an unprecedented speed,’ Tan Dai, president at cloud unit Volcano Engine, says.

Artificial intelligence

AI agent maker Manus hits US$100 million revenue milestone in 9 months

Manus 1.5, launched in October, boasts improvements in speed and reliability across research and web development tasks.

IPO

Holiday rush: Hong Kong IPO market sparkles with busiest December in years

From biotech to AI, December’s listings – including at least 15 down the stretch – crown the city’s revival in equity fundraising.

Insilico Medicine says its listing could raise up to HK$2.3 billion. Photo: Shutterstock
Electric & new energy vehicles

BYD ups the ante on L3 autonomous cars, begins testing for mass production

BYD has pinned its hopes on preliminary self-driving technologies to bolster its sales in mainland China.

BYD says it has completed more than 150,000 kilometres of real-world L3 testing. Photo: Xinhua
BYD says it has completed more than 150,000 kilometres of real-world L3 testing. Photo: Xinhua
Hong Kong stock market

Hong Kong stocks tread water as tech giants stumble on AI bubble jitters

Hang Seng Tech Index slides after US equities slump, while investors await inflation report.

Robotics

China cements global lead in smart vacuums as Picea acquires Roomba maker iRobot

Last month, Picea subsidiary Santrum bought about US$191 million of iRobot’s outstanding debt from the investment firm Carlyle Group.

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Artificial intelligence

China’s open-source AI models rival US giants, making engagement urgent: report

The report calls on US actors to engage with Chinese firms as the AI landscape continues to evolve.

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Chinese AI developers are largely pursuing an open-source approach, releasing the weights of their models for end-users to freely deploy and modify. Photo: Shutterstock
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