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Hangzhou
The latest news, analysis and opinion on Hangzhou. In-depth analysis, industry insights and expert opinion.
Head of Government
Party Secretary of Hangzhou Liu Jie
DeepSeek CEO Liang Wenfeng is pursuing ambitions in artificial general intelligence – AI capable of matching human performance across a wide range of tasks. Photo: Shutterstock
Artificial intelligence

DeepSeek isn’t short of cash: so why has it decided to raise funds anyway?

DeepSeek is raising a small funding round not for cash, but to set a valuation benchmark and retain talent as rivals ramp up poaching.

Artificial intelligence

Opinion | The world can look to Hong Kong as a pioneer of ethical AI

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IPO

Manycore, one of Hangzhou’s ‘Six Little Dragons’, surges on Hong Kong IPO debut

Technology

BrainCo’s brain-computer interface wows at HSBC summit with mind-controlled hand

The non-invasive BCI technology offers a safer alternative to surgery for some conditions, BrainCo partner Nyx He says.

An amputee plays an electronic keyboard using BrainCo’s AI-powered mechanic arm at the World AI Conference in Shanghai on July 27, 2025. Photo: VCG via Getty Images
China exports

China, the Iran war and the chemical suddenly stoking global supply fears

Food security is one of Beijing’s top policy goals – and that could spell trouble for countries dependent on Chinese sulphuric acid.

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Artificial intelligence

DeepSeek ramps up hiring ahead of V4 launch as chip strategy questions swirl

New roles in Inner Mongolia point to expansion of computing capacity ahead of V4 release, fuelling speculation over chip sourcing.

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Robotics

Unitree to debut cheapest humanoid robot globally via Alibaba: sources

The international launch of the company’s cheapest humanoid robot next week is expected to cover North America, Europe, Japan and Singapore.

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Unitree Robotics’ R1 is one of the world’s most affordable humanoids. Photo: Handout
CATL

CATL expands green energy footprint with 45% stake in Hangzhou Zhonhen Electric

As part of the deal, CATL will be entitled to appoint one board director and one general manager of the listed company.

IPO

Hangzhou ‘Six Little Dragons’ member Manycore seeks US$130m from Hong Kong IPO

The spatial design software developer is selling 161 million shares priced between HK$6.72 and HK$7.62 each, with listing set for April 17.

Architecture and design

From Hong Kong’s Taikoo Square to Seoul’s Gangnam forest and Chengdu’s Hyperlane, nature is reshaping Asia’s cities

Urban greening is evolving: Asian cities are embracing biodiverse urban forests, moving beyond mere decoration to create ecological, human-centric spaces.

Stephen Buckle, from Aspect, a global landscape architecture company, says that the most successful way to strike a balance between commercial and design aspirations is to make ecologically minded greening the focal point of any project, including this, The Roof, a Shanghai lifestyle complex, designed in collaboration with French architect Jean Nouvel. Photo: Courtesy Aspect
Artificial intelligence

China’s DeepSeek adds expert chatbot mode ahead of much-awaited V4 release

The Hangzhou start-up’s latest chatbot update sparks speculation over whether the expert mode is linked to the long-delayed V4 model.

The changes come ahead of the much-anticipated release of DeepSeek’s next-generation flagship model V4 this month. Photo: Reuters
Artificial intelligence

Chinese AI glasses maker Rokid planning Hong Kong IPO: sources

Listing plan comes as giants Apple, Meta, Alibaba, Baidu, Xiaomi and Huawei, plus start-ups like Xreal, Rayneo, anticipate market growth.

Robotics

Meter running: CaoCao backs heavy-asset play to scale robotaxis

Geely-backed firm targets 100,000 autonomous vehicles by 2030, banking on tighter control of cars, tech and operations to drive efficiency.

Hong Kong politics

University town to be fast-tracked, Eric Chan says after mainland China visit

Hong Kong’s No 2 official also says authorities will devise plan to attract top institutions from across border and overseas to take part.

Chief Secretary Eric Chan (second from left) and his working group visit a university campus in mainland China in 2024. Photo: Handout
Robotics

UBTech powers up as humanoid robot sales jump 23-fold

Rapid growth in ‘embodied intelligence’ is beginning to translate into real orders as Chinese robotics firms scale production.

Cyborg calm before the commercial storm: UBTech’s shares rose more than 14 per cent on Wednesday morning, hitting HK$97.5 by midday. Photo: Baidu
IPO

Breathing fire: Manycore first of the ‘Six Little Dragons’ to near Hong Kong IPO

Spatial intelligence firm moves ahead of tech peers after clearing a key Hong Kong listing hurdle.

DeepSeek

‘I no longer knew how to work without it’: DeepSeek outage cuts off millions

Chinese AI start-up restores chatbot service by Monday morning after overnight disruption affects millions of users.

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Banking & finance

Tong Ren Tang unit pulls Hong Kong IPO in first postponement this year

Hospital-network operator delays plan to raise up to US$115 million amid tepid demand.

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A view of Exchange Square in Central, where Hong Kong’s bourse operator has its headquarters, on March 13, 2026. Photo: Jelly Tse
IPO

China’s Unitree Robotics rides humanoid tide as it targets US$610m IPO

Prospectus reveals that company’s revenue jumped 335 per cent last year, while net profit surged nearly eight times.

Banking & finance

Hong Kong attracts wave of biotech IPO filings amid AI drug research boom

More than 10 pre-profit drug developers are seeking Hong Kong listings as AI-powered biotech platforms draw growing investor interest.

OpenClaw

Inside the OpenClaw AI mania in China, as security fears and enthusiasm surge

Appeal of autonomous AI agent spurs rapid adoption across country, from tech pros to retirees seeking a ‘digital staff’, but data wipes mar its rise and trigger warnings.

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Illustration: Henry Wong
Science

Could China’s gallium oxide leap leave F-22 radar 2 generations behind?

Chinese team’s semiconductor tech research combines power and memory, allowing for smaller and more powerful military electronics.

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Modern Chinese fighter jets, including the J-35, have radars built on third-generation gallium nitride technology. Photo: Xinhua
Science

Chinese firm claims it intercepted B-2 radio signal during US strike on Iran

Defence technology company says its Jingqi monitoring system detected communications after bombing mission.

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Two Sessions 2026

China’s top court says it treats AI cases with care without stifling innovation

Supreme People’s Procuratorate says 4,739 individuals prosecuted last year in cases related to ‘data security breaches’.

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Two Sessions 2026

China’s eastern, southern economic powerhouses vie for innovation leadership

Officials from Yangtze River Delta, Greater Bay Area outline ambitions after Xi Jinping calls on provincial economies to drive development.

Passengers pass a mural in the arrivals hall of Guangzhou Baiyun International Airport in Guangzhou, in south China’s Guangdong province, on February 23, 2026. Photo: Xinhua
SCMP Highlights

Hangzhou’s fine-dining scene; ‘nostalgia-posting’ trend: 7 Lifestyle highlights

From TCM’s ‘miracle pill’ to the benefits of working past retirement age, here are seven stories from SCMP’s recent reporting.

A photo of Hong Kong during the mid-20th century, colourised by OldHKinColour. The team behind the popular Instagram account uses artificial intelligence to bring such photos to life, but some say this “distorts” history. Photo: OldHKinColour
China-Germany relations

Opinion | Merz’s China visit shows pragmatic diplomacy still matters

The German chancellor’s trip to Beijing suggests that Europe can de-risk from China while still pursuing mutually beneficial cooperation.

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Artificial intelligence

Jack Ma, Alibaba leaders call for education overhaul in the age of AI

Time spent memorising textbooks could be freed up to cultivate creativity and imagination, according to Ma, the founder of Alibaba.

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