https://www.scmp.com/rss/36/feed The latest technology news, reviews, gadgets, launches and products. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Daniel Ren Daniel Ren Hesai Group, the world’s largest maker of vehicle lidar sensors, introduced technology it said would raise autonomous driving features to a new level by detecting colour to improve the reliability of object identification. The Shanghai-based maker of light ­detection and ranging ­sensors said its 6D full-colour platform would deliver lidar sensors with world-leading capabilities in ranging and small-target identification. 6D refers to the sensors’ ability to detect the X, Y and Z coordinates of... https://www.scmp.com/business/china-business/article/3350682/chinas-hesai-adds-colour-lidar-ev-makers-race-level-self-driving-tech?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3350682/chinas-hesai-adds-colour-lidar-ev-makers-race-level-self-driving-tech?utm_source=rss_feed Mon, 20 Apr 2026 05:15:24 +0000 Eunice Xu Eunice Xu “State-of-the-art” (Sota) artificial intelligence models excel at solving complex Olympiad maths but still struggle with everyday enterprise tasks, according to an executive from a top AI unicorn in the US. David Meyer, senior vice-president of product at US data processing and analysis company Databricks, told the South China Morning Post in a recent interview that the very traits making models state-of-the-art could cause issues in basic office work. For instance, when tasked with identifying... https://www.scmp.com/tech/big-tech/article/3350614/state-art-models-can-struggle-basic-enterprise-tasks-ai-unicorn-executive?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3350614/state-art-models-can-struggle-basic-enterprise-tasks-ai-unicorn-executive?utm_source=rss_feed Sun, 19 Apr 2026 10:00:18 +0000 Kai-Lung Hui Kai-Lung Hui Generative artificial intelligence (AI) powered by large language models presents a significant breakthrough. For the first time, humans are communicating with computers using language instructions. This has enabled the use of AI agents to perform intelligent tasks involving some degree of advanced reasoning and complex logic. Vibe coding – the use of AI for programming and software development by lay persons – empowers end-user application deployments. One-person companies using AI agents to... https://www.scmp.com/opinion/world-opinion/article/3350030/ai-advancing-now-its-humans-redefine-their-worth?utm_source=rss_feed https://www.scmp.com/opinion/world-opinion/article/3350030/ai-advancing-now-its-humans-redefine-their-worth?utm_source=rss_feed Sun, 19 Apr 2026 08:30:07 +0000 Ben Jiang Ben Jiang The winner of a robot half-marathon held in Beijing on Sunday smashed the human world record by more than six minutes in the latest display of the industry’s rapid development. The humanoid device, known as Lightning, was developed by the Chinese smartphone and gadget company Honor, which only entered the sector last year. Its finishing time of 50 minutes 26 seconds was far quicker than the men’s world record of 57:20 held by the Ugandan runner Jacob Kiplimo and around 17 minutes faster than the... https://www.scmp.com/tech/article/3350610/winner-beijing-robot-half-marathon-smashes-human-world-record-6-minutes?utm_source=rss_feed https://www.scmp.com/tech/article/3350610/winner-beijing-robot-half-marathon-smashes-human-world-record-6-minutes?utm_source=rss_feed Sun, 19 Apr 2026 07:01:54 +0000 Yulu Ao Yulu Ao As the artificial intelligence race moves beyond language models into the physical world, Asia’s manufacturing and supply chain strengths could give it an edge over the US, says Granite Asia’s Jixun Foo. The veteran venture capitalist said the current wave of AI development, sparked by breakthroughs in foundation models over the past two years, had entered a new phase where physical applications – from robotics to industrial automation – were becoming increasingly important, playing to Asia’s... https://www.scmp.com/business/markets/article/3350609/asias-supply-chain-strengths-could-give-it-edge-over-us-ai-race-granite-asias-foo?utm_source=rss_feed https://www.scmp.com/business/markets/article/3350609/asias-supply-chain-strengths-could-give-it-edge-over-us-ai-race-granite-asias-foo?utm_source=rss_feed Sun, 19 Apr 2026 06:00:18 +0000 Vincent Chow Vincent Chow China’s artificial intelligence model companies are unlikely to “eat up” the domestic software market because they lack the deep industry know-how and experience to meet enterprise needs, according to an HSBC analyst. Unlike the US, China’s less developed software-as-a-service (SaaS) market stands to gain even as AI models continue to improve, with the most likely outcome being a collaborative approach where model companies and legacy software firms serve enterprises in tandem, said Yiran Liu,... https://www.scmp.com/tech/tech-trends/article/3350586/ai-not-eating-chinas-software-market-turbocharging-it-hsbc-analyst?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3350586/ai-not-eating-chinas-software-market-turbocharging-it-hsbc-analyst?utm_source=rss_feed Sun, 19 Apr 2026 01:00:19 +0000 Coco Feng Coco Feng Huawei Technologies claimed the top spot in China’s smartphone market in the first quarter with its highest share in five years, while Apple saw the strongest growth among the top six players, despite a global memory chip crunch. Huawei held a 20 per cent share in the first three months, the highest since the fourth quarter of 2020, according to a Friday report by Counterpoint Research. Chinese government subsidies that offered a 15 per cent discount for gadgets under 6,000 yuan (US$880), along... https://www.scmp.com/tech/tech-trends/article/3350566/huawei-retains-lead-china-smartphone-market-apple-shipments-surge-first-quarter?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3350566/huawei-retains-lead-china-smartphone-market-apple-shipments-surge-first-quarter?utm_source=rss_feed Sat, 18 Apr 2026 08:00:37 +0000 Julie Zhang Julie Zhang A quarter featuring multiple eye-popping deals is no longer unusual for China’s pharmaceutical industry – in fact, it may soon be considered a slow season. In recent months, companies including CSPC Pharmaceutical and RemeGen have struck out-licensing agreements worth up to US$18.5 billion and US$5.6 billion respectively, while Haisco Pharmaceutical Group has added two of its own — most recently a deal worth up to US$745 million. Under the terms of the deal, the Beijing-based Haisco granted US... https://www.scmp.com/business/china-business/article/3350421/chinas-biotech-firms-shift-gears-can-ai-floor-accelerator?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3350421/chinas-biotech-firms-shift-gears-can-ai-floor-accelerator?utm_source=rss_feed Sat, 18 Apr 2026 03:00:12 +0000 Yeon Woo Lee Yeon Woo Lee Hong Kong is better placed than many of its Asian peers to turn stablecoins into commercially viable products at scale, underpinned by its early lead in tokenisation and growing experience in moving financial infrastructure on-chain, according to HSBC’s head of digital assets research. “Hong Kong already has examples of deploying the technology and can now look towards commercial applications and scaling,” said Daragh Maher, HSBC’s head of digital assets research, in an interview on the... https://www.scmp.com/tech/blockchain/article/3350498/hong-kong-seen-leading-asia-push-scale-stablecoins-hsbc-says?utm_source=rss_feed https://www.scmp.com/tech/blockchain/article/3350498/hong-kong-seen-leading-asia-push-scale-stablecoins-hsbc-says?utm_source=rss_feed Sat, 18 Apr 2026 02:30:11 +0000 Minxiao Chang Minxiao Chang As China’s artificial intelligence sector accelerates, competition for top talent has intensified among major tech companies, with firms increasingly poaching from rivals while also attracting researchers from overseas hubs such as Silicon Valley. A reported high-profile personnel move involving DeepSeek researcher Guo Daya recently drew attention to the sensitivity surrounding AI hiring in China’s tech sector. Guo, a lead researcher on DeepSeek’s R1 model, joined ByteDance’s Seed AI development... https://www.scmp.com/tech/big-tech/article/3350521/bytedance-tencent-step-ai-talent-battle-amid-reported-departure-deepseek-researcher?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3350521/bytedance-tencent-step-ai-talent-battle-amid-reported-departure-deepseek-researcher?utm_source=rss_feed Sat, 18 Apr 2026 01:00:32 +0000 Reuters Reuters The Trump administration and Anthropic’s CEO on Friday discussed working together for the first time since a dispute earlier this year between the Pentagon and the artificial intelligence firm over how that company’s models should be used. The meeting between CEO Dario Amodei and White House staff, which took place amid growing ‌fears the AI start-up’s latest model will supercharge cyberattacks, suggests the two sides might be on a path to rebuilding trust. The Trump administration, central... https://www.scmp.com/news/world/united-states-canada/article/3350546/white-house-and-anthropic-ceo-discuss-working-together-amid-mythos-ai-fears?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3350546/white-house-and-anthropic-ceo-discuss-working-together-amid-mythos-ai-fears?utm_source=rss_feed Fri, 17 Apr 2026 23:17:51 +0000 Xiaofei Xu Xiaofei Xu China’s leading LED chipmaker and its Malaysian partner have abandoned their US$239 million cash offer to purchase Dutch technology company Lumileds Holding after opposition from US authorities, marking the latest setback for Chinese tech investment overseas following the high-profile Nexperia saga. Sanan Optoelectronics, listed in Shanghai, said in a disclosure announcement on Friday that despite multiple rounds of discussions, the Committee on Foreign Investment in the United States (CFIUS)... https://www.scmp.com/tech/big-tech/article/3350520/chinese-led-chipmakers-purchase-dutch-firm-collapses-after-us-opposition?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3350520/chinese-led-chipmakers-purchase-dutch-firm-collapses-after-us-opposition?utm_source=rss_feed Fri, 17 Apr 2026 14:30:07 +0000 Iris Deng Iris Deng For pet food container seller Chen Junbin, customs used to be a major bottleneck when shipping from Shenzhen in southern China to his customers in the US. “In the past, we had to handle all the paperwork and coordinate with multiple logistics suppliers ourselves; a single [customs] inspection could delay our shipment by a week,” said Chen, founder of Shenzhen Lightning Technology. As one of the first sellers to test Amazon’s Global Warehousing and Distribution (GWD) facility, the US giant’s new... https://www.scmp.com/tech/tech-trends/article/3350409/how-amazon-uses-closer-china-supply-ties-counter-tariffs-shein-and-temu?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3350409/how-amazon-uses-closer-china-supply-ties-counter-tariffs-shein-and-temu?utm_source=rss_feed Fri, 17 Apr 2026 11:00:09 +0000 Coco Feng Coco Feng Nvidia CEO Jensen Huang said on a recent podcast that if Chinese artificial intelligence start-up DeepSeek optimised its new models on chips from Huawei Technologies, it would be “a horrible outcome” for the US. If “future AI models are optimised in a very different way than the American tech stack”, and as “AI diffuses out into the rest of the world” with Chinese standards and technology, China “will become superior to” the US, Huang said on the Dwarkesh Podcast on Wednesday. The conversation... https://www.scmp.com/tech/article/3350460/nvidias-jensen-huang-warns-huawei-chips-deepseek-ai-models-would-be-horrible-us?utm_source=rss_feed https://www.scmp.com/tech/article/3350460/nvidias-jensen-huang-warns-huawei-chips-deepseek-ai-models-would-be-horrible-us?utm_source=rss_feed Fri, 17 Apr 2026 10:00:14 +0000 Ji Siqi,Coco Feng,Wency Chen Ji Siqi,Coco Feng,Wency Chen China’s State Administration for Market Regulation (SAMR) has levied more than 3.6 billion yuan (US$527.3 million) in fines on seven e-commerce and food delivery platforms and their representatives following an investigation, the regulator announced on Friday. SAMR said the seven platforms, which included retail and food delivery mainstays Pinduoduo (PDD), Meituan and JD.com, failed to properly verify food vendor licences and knowingly allowed unverified “ghost” catering services to operate. The... https://www.scmp.com/tech/policy/article/3350444/chinas-e-commerce-platforms-hit-36b-yuan-fine-food-safety-violations?utm_source=rss_feed https://www.scmp.com/tech/policy/article/3350444/chinas-e-commerce-platforms-hit-36b-yuan-fine-food-safety-violations?utm_source=rss_feed Fri, 17 Apr 2026 08:11:57 +0000 Wency Chen,Yulu Ao Wency Chen,Yulu Ao Manycore Tech, a design software developer hailed as one of Hangzhou’s “Six Little Dragons”, made its trading debut in Hong Kong on Friday, with shares rising 172 per cent at the open, as the company positions itself at the intersection of artificial intelligence and the physical world. The stock opened at HK$20.70, surging 172 per cent from its HK$7.62 offer price before ending the day at HK$18.60, up 144 per cent. The firm raised HK$1.09 billion (US$160 million) from its initial public... https://www.scmp.com/business/banking-finance/article/3350387/manycore-one-hangzhous-six-little-dragons-surges-hong-kong-ipo-debut?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3350387/manycore-one-hangzhous-six-little-dragons-surges-hong-kong-ipo-debut?utm_source=rss_feed Fri, 17 Apr 2026 01:32:52 +0000 Vincent Chow Vincent Chow In China’s hyper-competitive and lucrative tech industry, releasing cutting-edge artificial intelligence models for free may seem counter-intuitive – but it has become a core business strategy. At the University of Hong Kong last November, Alibaba Group Holding chairman Joe Tsai was asked why the tech giant open-sourced its AI models. Addressing a room full of students, Tsai said he believed open-source AI would bring global benefits by lowering costs, making it a natural fit for talent- and... https://www.scmp.com/tech/tech-trends/article/3350340/chinas-ai-firms-scaled-open-source-models-next-phase-may-be-different?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3350340/chinas-ai-firms-scaled-open-source-models-next-phase-may-be-different?utm_source=rss_feed Fri, 17 Apr 2026 01:00:17 +0000 Lucy Quaggin Lucy Quaggin At a congressional hearing on Capitol Hill on Thursday, lawmakers and experts accused China of buying “what they can” and stealing “what they cannot” in the global artificial intelligence (AI) race, while warning the United States’ immigration and research policies could be hindering innovation necessary to stay ahead. “The pattern is clear. China is dependent on our tech stack to continue their AI development. China is willing to buy what they can, and steal what they cannot, to advance their... https://www.scmp.com/news/china/diplomacy/article/3350380/china-willing-buy-or-steal-us-tech-get-ahead-ai-race-congress-told?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3350380/china-willing-buy-or-steal-us-tech-get-ahead-ai-race-congress-told?utm_source=rss_feed Thu, 16 Apr 2026 22:26:36 +0000 Daniel Ren Daniel Ren Ganfeng Lithium, the world’s largest producer of lithium metal, has issued a strong profit forecast for the first quarter of this year as soaring demand for electric vehicles (EVs) and energy storage system (ESS) batteries lifted earnings. The company, based in China’s central Jiangxi province, said in an exchange filing on Thursday that increasing orders had driven up prices of lithium – a key material for EV and ESS batteries – helping it post an estimated profit of 1.6 billion yuan (US$234... https://www.scmp.com/business/banking-finance/article/3350364/chinas-lithium-giant-ganfeng-sees-profit-jump-demand-evs-and-ess-batteries-soars?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3350364/chinas-lithium-giant-ganfeng-sees-profit-jump-demand-evs-and-ess-batteries-soars?utm_source=rss_feed Thu, 16 Apr 2026 14:40:24 +0000 Ben Jiang Ben Jiang A wave of companies, from the start-up launched by artificial intelligence “godmother” Li Fei-Fei to the largest Chinese tech firms, are racing to introduce their latest approaches to world models – an emerging field aimed at extending AI beyond language processing to learning from and comprehending physical reality. Alibaba Group Holding on Thursday unveiled Happy Oyster, which it called an open-ended world model designed for real-time and “flowy” virtual world creation and interaction,... https://www.scmp.com/tech/big-tech/article/3350351/chinese-tech-giants-ai-godmother-li-fei-fei-race-seize-edge-world-models?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3350351/chinese-tech-giants-ai-godmother-li-fei-fei-race-seize-edge-world-models?utm_source=rss_feed Thu, 16 Apr 2026 13:00:14 +0000 Vincent Chow Vincent Chow US artificial intelligence start-up Anthropic’s move to introduce real-name identity verification has triggered alarm in China, raising the prospect that access to its tools could be cut off entirely and prompting black-market vendors to scramble for workarounds. The shift highlights the strong demand for Anthropic’s Claude models in China, despite an official ban that also covers Hong Kong and Macau. The company said the restrictions were necessary for national security reasons amid... https://www.scmp.com/tech/article/3350321/black-market-workarounds-claude-scale-anthropic-tightens-id-checks?utm_source=rss_feed https://www.scmp.com/tech/article/3350321/black-market-workarounds-claude-scale-anthropic-tightens-id-checks?utm_source=rss_feed Thu, 16 Apr 2026 12:00:10 +0000 Ann Cao Ann Cao Taiwan Semiconductor Manufacturing Co (TSMC) expects a revenue surge of more than 30 per cent in 2026 as the world’s largest contract chipmaker “pulls in all equipment” to ramp up supply, as management downplayed the impact of memory price hikes and Middle East tensions. During its first-quarter earnings call on Thursday, company executives voiced optimism for the year ahead anchored by the global AI frenzy, attributing the expected revenue surge to strong demand for artificial intelligence and... https://www.scmp.com/tech/big-tech/article/3350346/tsmc-targets-over-30-revenue-surge-2026-ramps-capex-amid-booming-ai-demand?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3350346/tsmc-targets-over-30-revenue-surge-2026-ramps-capex-amid-booming-ai-demand?utm_source=rss_feed Thu, 16 Apr 2026 11:07:11 +0000 Julie Zhang Julie Zhang Non-invasive brain-computer interfaces (BCI) that read neural signals through the skin could help patients manage symptoms for some brain conditions, according to BrainCo, a Harvard-incubated start-up. BrainCo’s BCI technology could “read brain neural signals and translate them into commands to control machines to modulate brain function and help cure some brain diseases”, said Nyx He, a partner and senior vice-president of BrainCo, at the HSBC Global Investment Summit on Thursday. The... https://www.scmp.com/business/companies/article/3350315/braincos-brain-computer-interface-wows-hsbc-summit-mind-controlled-hand?utm_source=rss_feed https://www.scmp.com/business/companies/article/3350315/braincos-brain-computer-interface-wows-hsbc-summit-mind-controlled-hand?utm_source=rss_feed Thu, 16 Apr 2026 09:10:34 +0000 Coco Feng Coco Feng Chinese suppliers of parts for Tesla’s electric vehicles (EVs) and robots saw their stock prices gain on Thursday morning as the US tech giant announced that its AI5 artificial intelligence inference chip was 45 days ahead of schedule. After a nearly 7.7 per cent jump in Tesla’s Nasdaq-listed stock on Wednesday, shares of the company’s Chinese suppliers were up by as much as 4.6 per cent on Thursday. Shanghai-listed Ningbo Tuopu Group and Shenzhen-listed Zhejiang Sanhua Intelligent Controls,... https://www.scmp.com/tech/article/3350279/chinese-investors-cheer-teslas-ai-chip-progress-pushing-shares-local-suppliers?utm_source=rss_feed https://www.scmp.com/tech/article/3350279/chinese-investors-cheer-teslas-ai-chip-progress-pushing-shares-local-suppliers?utm_source=rss_feed Thu, 16 Apr 2026 07:00:36 +0000 Xiaofei Xu Xiaofei Xu Dutch chipmaker ASML upgraded its 2026 sales outlook on Wednesday, citing strong demand, even as China’s share of global shipments continued to decline and the firm braced for a potential new round of US export controls targeting China. The company projected net sales for the year to fall between €36 billion (US$42.5 billion) and €40 billion, as it released its first-quarter results, up from its previous forecast of between €34 billion and €39 billion made in January. The semiconductor... https://www.scmp.com/tech/article/3350243/asml-boosts-2026-sales-forecast-despite-shrinking-china-sales?utm_source=rss_feed https://www.scmp.com/tech/article/3350243/asml-boosts-2026-sales-forecast-despite-shrinking-china-sales?utm_source=rss_feed Thu, 16 Apr 2026 03:29:22 +0000 Daniel Ren Daniel Ren Contemporary Amperex Technology Ltd (CATL), China’s electric vehicle (EV) battery king, plans to earmark 30 billion yuan (US$4.4 billion) to establish a subsidiary to manage and expand mining assets, after the global energy shock paved the way for a quicker entry into the world’s automotive and energy storage system (ESS) markets. The investment arm, in line with CATL’s long-term growth strategy, would integrate existing mining assets, pursue high-quality mineral projects at home and abroad, and... https://www.scmp.com/business/china-business/article/3350213/chinas-catl-invest-us44-billion-mining-arm-secure-ev-battery-supply-chain?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3350213/chinas-catl-invest-us44-billion-mining-arm-secure-ev-battery-supply-chain?utm_source=rss_feed Wed, 15 Apr 2026 13:50:49 +0000 Coco Feng Coco Feng Billionaire Elon Musk seems to have embraced TikTok, the world’s most popular short video site, more than two years after he said he stopped using the platform, as he felt its artificial intelligence algorithm was “probing” his mind. A verified @elonmusk handle recently posted a video on the site run by China’s ByteDance, signalling a truce – or perhaps a strategic surrender – to the platform’s massive global reach. The account features the same profile picture as Musk’s account on X, the social... https://www.scmp.com/tech/tech-trends/article/3350003/probing-minds-verified-account-how-elon-musks-stance-tiktok-shifted?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3350003/probing-minds-verified-account-how-elon-musks-stance-tiktok-shifted?utm_source=rss_feed Wed, 15 Apr 2026 13:00:09 +0000 Iris Deng Iris Deng US e-commerce giant Amazon has launched its first smart warehouse in Shenzhen, aiming to cut storage costs for local merchants by up to 45 per cent as competition with Chinese rivals Shein and PDD Holdings’ Temu intensifies in cross-border trade. The facility – Amazon’s first Global Warehousing and Distribution (GWD) centre – will serve as an “all-in-one” logistics hub for Chinese sellers targeting US customers, located at the heart of Shenzhen’s manufacturing base, the company said at a launch... https://www.scmp.com/tech/article/3350199/amazon-bets-shenzhen-smart-warehouse-cut-merchant-storage-costs-45-cent?utm_source=rss_feed https://www.scmp.com/tech/article/3350199/amazon-bets-shenzhen-smart-warehouse-cut-merchant-storage-costs-45-cent?utm_source=rss_feed Wed, 15 Apr 2026 12:00:18 +0000 Minxiao Chang Minxiao Chang Silicon photonic computing chips – long overlooked in the artificial intelligence hardware stack – are emerging as a new focal point in mainland China’s semiconductor push, as domestic companies move towards public listings amid intensifying US-China competition and surging demand for next-generation computing infrastructure. Shanghai-based Lightelligence, the first company globally to achieve large-scale deployment of hybrid optical-electronic computing, passed its Hong Kong listing hearing on... https://www.scmp.com/tech/big-tech/article/3350183/lightelligence-track-ipo-plans-chinas-ai-photonics-race-gathers-pace?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3350183/lightelligence-track-ipo-plans-chinas-ai-photonics-race-gathers-pace?utm_source=rss_feed Wed, 15 Apr 2026 11:00:31 +0000 Jeffrey Wu Jeffrey Wu A quiet but consequential shift is reshaping the global artificial intelligence competition, and it has little to do with which country builds the most powerful model. Jensen Huang did not mean to describe a geopolitical strategy. But when Nvidia’s chief executive declared, “Your workload is inference, your tokens are your commodity, and that compute is your revenue,” he was articulating, from the supply side, something China had concluded from the other direction. To understand why, start with... https://www.scmp.com/opinion/china-opinion/article/3349947/us-controls-chips-ai-race-china-controls-scoreboard?utm_source=rss_feed https://www.scmp.com/opinion/china-opinion/article/3349947/us-controls-chips-ai-race-china-controls-scoreboard?utm_source=rss_feed Wed, 15 Apr 2026 08:30:09 +0000 Enoch Yiu Enoch Yiu For Hong Kong’s 3.3 million PayMe users, everyday transactions such as buying coffee or splitting bills with friends could soon involve stablecoins, with HSBC preparing to introduce the digital currency in the second half of this year. That comes after HSBC Holdings, together with a Standard Chartered-led joint venture, became the first to obtain a stablecoin issuer licence from the Hong Kong Monetary Authority on Friday, marking a breakthrough in the city’s digital finance development. HSBC,... https://www.scmp.com/business/banking-finance/article/3350089/how-paymes-33-million-users-and-hong-kong-firms-could-start-using-stablecoins?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3350089/how-paymes-33-million-users-and-hong-kong-firms-could-start-using-stablecoins?utm_source=rss_feed Wed, 15 Apr 2026 00:00:37 +0000 Eunice Xu Eunice Xu Chinese robotics companies are increasingly banking on quadruped robots as major revenue drivers, a trend highlighted by AgiBot’s recent decision to spin out its four-legged robotics unit into a new subsidiary called AgiQuad, and Amap’s coming launch of a quadruped model. The move by AgiBot was intended to drive large-scale growth so that the unit would not “live in the shadow of the humanoid robot giant”, Qiu Heng, chief operating officer of the new subsidiary, said at a media briefing last... https://www.scmp.com/tech/tech-trends/article/3350071/chinese-robotics-firms-focus-quadrupeds-major-revenue-drivers?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3350071/chinese-robotics-firms-focus-quadrupeds-major-revenue-drivers?utm_source=rss_feed Tue, 14 Apr 2026 23:00:19 +0000 Iris Deng Iris Deng Chinese energy storage firm Sigenergy has ignited a market frenzy with its initial public offering (IPO) plan in Hong Kong, drawing an oversubscription of over 1,000 times, while its listed peer Guoxia Technology enjoyed a rally, as the duo capitalise on the artificial intelligence boom. Shanghai-based Sigenergy, which aims to raise HK$4.4 billion (US$561.6 million) in its IPO, is expected to be 1,414 times oversubscribed, as retail investors borrowed HK$358.6 billion from 17 brokerages,... https://www.scmp.com/tech/tech-trends/article/3350082/how-chinese-energy-storage-firms-sigenergy-guoxia-excited-investors-leveraging-ai-boom?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3350082/how-chinese-energy-storage-firms-sigenergy-guoxia-excited-investors-leveraging-ai-boom?utm_source=rss_feed Tue, 14 Apr 2026 13:21:33 +0000 Daniel Ren Daniel Ren Tesla’s Shanghai Gigafactory, its largest production base, has the potential to build humanoid robots in future, the company’s China president says, with its manufacturing efficiency and innovative capability seen as potential drivers of CEO Elon Musk’s hopes of commercialising the technology swiftly. Allan Wang Hao said in a media briefing on Tuesday that the Shanghai Gigafactory could provide a “golden key” to the mass production of robots designed to resemble and move like humans. “Like other... https://www.scmp.com/business/china-business/article/3350076/shanghai-gigafactory-has-potential-construct-humanoid-robots-tesla-china-president?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3350076/shanghai-gigafactory-has-potential-construct-humanoid-robots-tesla-china-president?utm_source=rss_feed Tue, 14 Apr 2026 13:02:53 +0000 Minxiao Chang Minxiao Chang China’s world models are benefiting from early integration with the country’s strong industrial base, which gives the domestic ecosystem greater momentum than that of the US, according to an executive at a leading Chinese world model start-up. World models simulate 3D environments and physical dynamics, and are expected to help train the next generation of physical artificial intelligence applications, including robots and autonomous vehicles. Wang Xiaofeng, an algorithm partner at GigaAI, said... https://www.scmp.com/tech/big-tech/article/3350062/chinas-edge-over-us-ai-world-models-abundant-data-faster-deployment-executive-says?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3350062/chinas-edge-over-us-ai-world-models-abundant-data-faster-deployment-executive-says?utm_source=rss_feed Tue, 14 Apr 2026 12:00:10 +0000 Ann Cao Ann Cao Chinese chip start-up Dishan Technology has achieved a breakthrough in designing a 2-nanometre artificial intelligence chip, according to local media reports. Shanghai-based Dishan, which focuses on the development of high-performance computing chips and sensor chips, was now in the crucial prototype verification stage for its first 2nm AI graphics processing unit (GPU), the Shanghai Morning Post reported recently. The GPU was unveiled by the company last July. The company then said it had... https://www.scmp.com/tech/tech-trends/article/3350050/chinas-dishan-technology-nears-2nm-ai-chip-breakthrough-reports-say?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3350050/chinas-dishan-technology-nears-2nm-ai-chip-breakthrough-reports-say?utm_source=rss_feed Tue, 14 Apr 2026 10:59:56 +0000 Morning Studio editors Morning Studio editors Just over 1,400 of one of the world’s rarest primates, the white-headed langur, remain in the wild. The slender, long-tailed animals, which eat leaves, shoots and fruit, and measure about 60cm (2ft) in height, are at risk from hunting, logging and uncontrolled fires caused by land clearance. Protecting the species – categorised as critically endangered on the International Union for Conservation of Nature’s Red List of Threatened Species – involves tracking where it goes, how it behaves and any... https://www.scmp.com/native/tech/topics/technological-game-changers/article/3349898/how-ai-technology-supports-conservation-endangered-species?utm_source=rss_feed https://www.scmp.com/native/tech/topics/technological-game-changers/article/3349898/how-ai-technology-supports-conservation-endangered-species?utm_source=rss_feed Tue, 14 Apr 2026 08:00:08 +0000 Ben Jiang Ben Jiang China is gaining from America’s trillion-dollar artificial intelligence spending spree despite Washington’s efforts to curb Chinese technology ties, as the US data centre boom ripples through Asian technology supply chains, according to research by Oxford Economics. Roughly US$2 trillion worth of data-centre projects are planned or under way in the US, according to a report by the consultancy, with as much as three-quarters of the cost tied to equipment such as semiconductors and servers. That... https://www.scmp.com/tech/tech-trends/article/3350010/china-quietly-profits-us-ai-boom-despite-washingtons-tech-curbs-research?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3350010/china-quietly-profits-us-ai-boom-despite-washingtons-tech-curbs-research?utm_source=rss_feed Tue, 14 Apr 2026 07:00:08 +0000 Coco Feng Coco Feng Asia’s technology industry is bracing for longer and deeper disruptions from the Middle East turmoil as analysts warn that prolonged hostilities could throttle semiconductor production and the buildout of artificial intelligence data centres. The Strait of Hormuz, which carries about a quarter of global seaborne crude oil trade and 20 per cent of liquefied natural gas (LNG) shipments, remained effectively closed after US President Donald Trump said he would block the channel following the... https://www.scmp.com/tech/big-tech/article/3349895/how-prolonged-iran-war-could-disrupt-asia-tech-industry-chipmaking-ai-data-centres?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3349895/how-prolonged-iran-war-could-disrupt-asia-tech-industry-chipmaking-ai-data-centres?utm_source=rss_feed Tue, 14 Apr 2026 00:00:10 +0000 Ann Cao,Themis Qi Ann Cao,Themis Qi Printed circuit boards (PCBs) – unsung core components in all electronic devices – are emerging as the latest source of excitement in China’s chip supply chain, as domestic companies capitalise on surging global demand for artificial intelligence infrastructure to pursue share listings. Victory Giant Technology, a PCB supplier to US chip champion Nvidia, kicked off bookbuilding in Hong Kong on Monday for an initial public offering (IPO) that aims to raise up to HK$17.49 billion (US$2.2... https://www.scmp.com/tech/tech-trends/article/3349924/victory-giant-joins-ipo-push-chinas-circuit-board-makers-amid-ai-frenzy?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3349924/victory-giant-joins-ipo-push-chinas-circuit-board-makers-amid-ai-frenzy?utm_source=rss_feed Mon, 13 Apr 2026 12:00:08 +0000 Vincent Chow Vincent Chow Governments, industry and the public are in “common ignorance” about the present and future of artificial intelligence, making both international collaboration and coordination between industry and policymakers necessary, experts have said. In a panel discussion at the inaugural Hong Kong Global AI Governance Conference at the University of Hong Kong (HKU) on Saturday, Alibaba Group Holding policy lead Fu Hongyu said that China was now at the front lines of global efforts to introduce guardrails... https://www.scmp.com/tech/big-tech/article/3349871/common-ignorance-how-china-took-lead-global-efforts-govern-ais-future?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3349871/common-ignorance-how-china-took-lead-global-efforts-govern-ais-future?utm_source=rss_feed Mon, 13 Apr 2026 11:00:12 +0000 Eunice Xu Eunice Xu China’s internet regulator has introduced new rules for live stream tipping, banning children under eight from the practice and introducing a tiered system for older minors, as part of a broader effort to curb manipulative inducements and irrational spending behaviour. The Cyberspace Administration of China (CAC) announced the live-streaming regulations on Monday after unveiling them on April 4, banning platforms from allowing children under eight to tip content creators. Under a new tiered... https://www.scmp.com/tech/policy/article/3349912/china-curbs-live-stream-tipping-new-rules-protect-minors?utm_source=rss_feed https://www.scmp.com/tech/policy/article/3349912/china-curbs-live-stream-tipping-new-rules-protect-minors?utm_source=rss_feed Mon, 13 Apr 2026 10:00:49 +0000 Daniel Ren Daniel Ren A pivotal year for self-driving cars has begun in China, with the first “hands off” models approved to ply public roads, carmakers gearing up to mass-produce them and the first mandatory safety standards for autonomous vehicles out for public comment. The first carmakers were given the go-ahead in mid-December to build electric vehicle (EV) models with Level 3 (L3) autonomous driving capability. On an international scale from L0 to L5, an L3 autonomous vehicle can operate independently under... https://www.scmp.com/plus/business/china-evs/article/3349837/chinese-carmakers-gear-l3-self-driving-roll-out?utm_source=rss_feed https://www.scmp.com/plus/business/china-evs/article/3349837/chinese-carmakers-gear-l3-self-driving-roll-out?utm_source=rss_feed Mon, 13 Apr 2026 03:40:07 +0000 Carol Yang Carol Yang China has launched a national action plan to embed AI across its education system, in a strategic push to future-proof its workforce amid intensifying global competition in advanced technologies. The “AI+ Education” action plan, unveiled by the Ministry of Education and four other ministerial-level bodies, mandates the integration of artificial intelligence at every stage of learning – from primary schools to lifelong education. The initiative builds on China’s long-term education plan to the... https://www.scmp.com/tech/policy/article/3349832/amid-fierce-global-competition-china-launches-national-plan-boost-ai-education?utm_source=rss_feed https://www.scmp.com/tech/policy/article/3349832/amid-fierce-global-competition-china-launches-national-plan-boost-ai-education?utm_source=rss_feed Mon, 13 Apr 2026 02:57:32 +0000 Ben Jiang Ben Jiang An open-source artificial intelligence project aimed at harvesting human capabilities into reusable AI “skills” has gone viral in China, gaining traction as a meme among the country’s uneasy young workers as they face growing job insecurity amid rapid AI advances. Supposedly, certain skills of luminaries such as Steve Jobs, spiritual figures like Gautama Buddha and ordinary office workers have been extracted into digital form and uploaded online, making these skills – such as Jobs’ product... https://www.scmp.com/tech/tech-trends/article/3349790/colleague-skill-ai-job-fears-china-set-viral-spread-supposed-ability-harvester?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3349790/colleague-skill-ai-job-fears-china-set-viral-spread-supposed-ability-harvester?utm_source=rss_feed Sun, 12 Apr 2026 08:31:10 +0000 Themis Qi Themis Qi The chairmen of China’s battery and solar giants have called for more top-down regulations to rein in cutthroat competition, warning that unchecked overcapacity is squeezing profits and threatening the industry’s stability. Despite tailwinds including the Middle East conflict that could increase demand for renewable products, overcapacity remains a major challenge for industry players. Zhang Tianren, chairman of Tianneng Holding Group – ranked second behind Contemporary Amperex Technology Ltd... https://www.scmp.com/business/climate-and-energy/article/3349627/chinas-battery-solar-bosses-urge-top-down-rules-overcapacity-clouds-industry-outlook?utm_source=rss_feed https://www.scmp.com/business/climate-and-energy/article/3349627/chinas-battery-solar-bosses-urge-top-down-rules-overcapacity-clouds-industry-outlook?utm_source=rss_feed Sun, 12 Apr 2026 06:00:15 +0000 Ann Cao Ann Cao Chinese artificial intelligence start-up DeepSeek is ramping up recruitment in Inner Mongolia, signalling a potential expansion of its data centre footprint ahead of the much-anticipated release of its V4 model. The Hangzhou-based company is recruiting for two new roles – server maintenance engineers and delivery managers to oversee data centre launches – in Ulanqab, in Inner Mongolia, according to recent job postings. The move marks the first time DeepSeek has publicly advertised on-site roles... https://www.scmp.com/tech/big-tech/article/3349741/deepseek-ramps-hiring-ahead-v4-launch-questions-swirl-over-chip-strategy?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3349741/deepseek-ramps-hiring-ahead-v4-launch-questions-swirl-over-chip-strategy?utm_source=rss_feed Sat, 11 Apr 2026 08:37:34 +0000 Coco Feng Coco Feng China’s red-chip structure – long used by internet companies to attract foreign capital while navigating domestic restrictions – is facing renewed scrutiny as regulators tighten oversight of offshore listings. The shift is already reshaping the pipeline for Hong Kong initial public offerings (IPOs), with companies increasingly being encouraged to unwind these structures or justify why they remain necessary. This explainer outlines the reasons behind the policy shift, what it means for tech IPOs,... https://www.scmp.com/tech/article/3349735/what-does-chinas-tightening-grip-red-chip-structures-mean-ipos?utm_source=rss_feed https://www.scmp.com/tech/article/3349735/what-does-chinas-tightening-grip-red-chip-structures-mean-ipos?utm_source=rss_feed Sat, 11 Apr 2026 06:37:35 +0000 Iris Deng,Yeon Woo Lee,Coco Feng Iris Deng,Yeon Woo Lee,Coco Feng Samsung Electronics faces a “strategic dilemma” over whether to defend its shrinking footprint in China or redeploy resources to bolster global competitiveness, analysts say, as speculation grows that the tech giant may scale back parts of its mainland operations and double down on semiconductors. The South Korean firm was considering a broad restructuring of its China business, potentially exiting segments such as home appliances and displays while retaining smartphones and storage as core... https://www.scmp.com/tech/big-tech/article/3349728/samsung-weighs-china-retreat-focus-shifts-global-chip-race-analysts?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3349728/samsung-weighs-china-retreat-focus-shifts-global-chip-race-analysts?utm_source=rss_feed Sat, 11 Apr 2026 05:08:28 +0000 Enoch Yiu Enoch Yiu Fang Liu, a partner at global law firm Clifford Chance, counts among his clients many technology companies that are keen to list in Hong Kong, but find the current requirements cumbersome. Clifford Chance has helped more than a dozen innovative companies raise funds under the new listing regime since 2018, when Hong Kong Exchanges and Clearing (HKEX) introduced reforms for pre-revenue biotech firms and companies with weighted voting rights (WVR), where one class of shareholders carries more... https://www.scmp.com/business/markets/article/3349647/hong-kongs-listing-reform-20-can-it-outshine-global-rivals-innovative-firms?utm_source=rss_feed https://www.scmp.com/business/markets/article/3349647/hong-kongs-listing-reform-20-can-it-outshine-global-rivals-innovative-firms?utm_source=rss_feed Sat, 11 Apr 2026 03:00:12 +0000