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China Future Tech
Meituan drivers gather during a break in a commercial district in Chongqing on November 21, 2025. Photo: Getty Images

Big Tech

How Meituan’s US$1b bets on AI, robotics outshine quarterly loss

Investment windfall provides cushion as core-business margins face intense pressure from battle with Alibaba Group Holding and JD.com.

Hong Kong commits US$383 million to university spin-offs in tech hub push

Alibaba elevates tech chief Wu Zeming to elite committee amid AI push

Policy

Mainland Chinese locked out of Computex Taipei amid cross-strait tensions

Two travel agencies specialising in cross-strait travel say none of their clients have received entry-permit approvals this year.

Visitors view Nvidia’s AI Factory MGX Ecosystem display during Computex in Taipei on Tuesday. Photo: AFP
Visitors view Nvidia’s AI Factory MGX Ecosystem display during Computex in Taipei on Tuesday. Photo: AFP

China Business

Why Hong Kong is now the launch pad for mainland China’s AI champions

City emerges as a price-discovery hub, with mainland AI firms reversing a decades-old dual-listing order to secure global benchmarks.

Policy

China boosts trade-war toolkit with cross-border investment overhaul

Unifying and strengthening cross-border investment rules will help China fight potential trade wars with the US and Europe.

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Big Tech

ByteDance loses key AI research leader behind Seed models

Gu Quanquan helped oversee the tech giant’s release of its latest flagship AI model, Seed 2.0.

ByteDance's Doubao has grown to be China's most popular consumer AI app with around 336 million monthly active users. Photo: Shutterstock
ByteDance's Doubao has grown to be China's most popular consumer AI app with around 336 million monthly active users. Photo: Shutterstock

Policy

China’s new outbound investment rules

SCMP Plus annotates new investment rules released by China’s State Council in the wake of the high-profile Nexperia dispute and Meta’s aborted acquisition of Manus.

Tech Trends

Huawei to ship more units as price surges dent China’s smartphone sales: report

As higher memory prices raise costs for China’s handset makers, a research firm predicted Huawei would increase shipments in the first quarter of 2026.

Big Tech

Tencent shares jump 10% on expectations of AI agent within WeChat

An AI agent would leverage the app’s ecosystem of mini-programs, payments, content and commerce for 1.4 billion users.

Tencent has repeatedly stressed its cautious approach to adding an agent to its super app. Photo: Reuters

Banking & Finance

Fear of missing out: why Asia-Pacific firms chase AI despite scant returns

Survey shows many enterprises across the region invest heavily in AI, worried that their rivals will outpace them.

The survey findings come as businesses race to adopt AI despite persistent challenges in proving returns on investment. Photo: Shutterstoc
The survey findings come as businesses race to adopt AI despite persistent challenges in proving returns on investment. Photo: Shutterstoc

China Business

Akeso lung cancer drug trial raises hopes in US$20b market

Ivonescimab phase three trials reduce death risk by 34 per cent, as analysts predict it could transform non-small cell lung cancer therapy.

Big Tech

Unitree clears Shanghai IPO hurdle as China’s humanoid robot wave gathers pace

Listing plan highlights Unitree’s push to invest more in robot ‘brains’ as it joins competitors in China’s humanoid rush.

Big Tech

Meituan reports third consecutive quarterly loss amid rivalry in food delivery

CEO Wang Xing says Keeta food delivery business achieved ‘meaningful efficiency gains’ in both Hong Kong and Saudi Arabia in the quarter.

Meituan delivery riders wait for orders at an intersection in Shenzhen, March 24, 2026. Photo: Getty Images

China Business

China index reshuffle to entrench tech trades and boost AI rally: brokerages

Shanghai exchange revamp lifts tech weighting and adds chipmakers, signalling policy support and investor confidence.

The shake-up is projected to spur US$3.1 billion of inflows into tech hardware and semiconductor makers, according to Goldman Sachs. Photo: Reuters
The shake-up is projected to spur US$3.1 billion of inflows into tech hardware and semiconductor makers, according to Goldman Sachs. Photo: Reuters

Tech Trends

MiniMax debuts AI model built for long and complex coding tasks

Shanghai-based company says M3 can process data five times faster than its predecessor, while also slashing inference costs.

Business

Hong Kong’s venture fund eyes bigger bankroll after double-digit return

Financial secretary says investment arm will also take lead on new offshore yuan-denominated venture capital fund.

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Tech War

A cloud above the clouds: US, China jockey for position in computing space race

China could be a leading player in the new technological battlefield, but the US has a substantial lead in essential tools such as reusable rockets.

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Illustration: Henry Wong
Illustration: Henry Wong

Tech

Prognosis positive: how AI could help China bridge the medical resources gap

Hospitals, medical professionals and patients stand to benefit as country pushes to integrate AI into healthcare sector.

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Big Tech

As DJI duels Insta360, China sharpens global hardware edge amid US scrutiny

Western competitors like GoPro face shrinking footprints as strategic shifts of Chinese firms disrupt the status quo while navigating FCC-led national security bans.

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Blockchain

Has Hong Kong laid the groundwork to become a world-leading crypto hub?

With its regulatory clarity and superconnector edge, the city is drawing global crypto firms as it emerges as a premier Web3 hub.

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Illustration by Lau Ka-kuen
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China Future Tech
HIGHLIGHTS FROM
China Future Tech

United States & Canada

US takes step to halt Nvidia AI chip shipments to Chinese overseas subsidiaries

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The Nvidia headquarters in Santa Clara, California. Photo: Getty Images / TNS

Big Tech

Alibaba elevates tech chief Wu Zeming to elite committee amid AI push

A visitor walks in front of an Alibaba booth during the China International Supply Chain Expo in Beijing on July 18, 2025. Photo: AP Photo

Big Tech

ByteDance loses key AI research leader behind Seed models

ByteDance's Doubao has grown to be China's most popular consumer AI app with around 336 million monthly active users. Photo: Shutterstock

Big Tech

Tencent shares jump 10% on expectations of AI agent within WeChat

Tencent has repeatedly stressed its cautious approach to adding an agent to its super app. Photo: Reuters

China Business

Chinese EV makers recover in May but competition fierce amid overcapacity woes

A man opens the door of a Zeekr X7 electric vehicle at a showroom in Beijing on February 3, 2026. Photo: AFP
MORE IN China Future Tech
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OPINION
Jeffrey Wu

Opinion | Why America’s AI firms are hedging when it comes to China

Jeffrey Wu
Michael A. Santoro

Opinion | US and China must talk to manage dangers of AI contest in a nuclear age

Michael A. Santoro
James David Spellman

Opinion | Quantum IPO wave is a milestone. It should also come with a warning

James David Spellman
Zhou Xiaoming

Opinion | How US tech hegemony is locking out the Global South

Zhou Xiaoming
4
Nicholas Spiro

The View | Energy crisis showcases strengths of China’s data centre market

Nicholas Spiro
Ran Guo

Opinion | World may find itself ‘in a very Chinese time’ of data governance

Ran Guo
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MULTIMEDIA
Video

Are we on the verge of another nuclear age?

Thumbnail for DeepDive video: Are we on the verge of another nuclear age?
09:18
Video

China’s Unitree unveils manned mecha

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01:02
Video

What is this robot at the Met Gala?

Met Gala robot wows on the red carpet
1:50
Video

Hangzhou’s ‘robocops’ direct tourist traffic

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01:23
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