Hong Kong will introduce a series of measures for family offices to set up operations, boosting the city’s standing as a leading financial centre, according to Financial Secretary Paul Chan Mo-po. “This year, in addition to our existing tax concessions for single family offices, we will expand exemptions for funds, enhance concessions for family offices…
Hong Kong will introduce a series of measures for family offices to set up operations, boosting the city’s standing as a leading financial centre, according to Financial Secretary Paul Chan Mo-po. “This year, in addition to our existing tax concessions for single family offices, we will expand exemptions for funds, enhance concessions for family offices…
HONG KONG (Reuters) — Alibaba Group Chairman Joe Tsai said on Tuesday the tech giant would recommence hiring, emboldened with more confidence following Chinese President Xi Jinping’s February meeting with business entrepreneurs. The rare meeting with Alibaba co-founder Jack Ma and other big names in Chinese tech marked a distinct thawing in Beijing’s approach to…
Alibaba Chairman Joe Tsai stated that China’s business entrepreneurs are showing increased confidence following a tech summit led by President Xi Jinping. Tsai also revealed that Alibaba plans to start re-hiring after reaching the bottom of the business cycle. Source link
Alibaba Group Holding has revamped its web-search and cloud-storage tool Quark into a super artificial intelligence (AI) assistant, signalling the tech giant’s efforts to strengthen its foothold in the emerging field of AI agents. The new version of Quark is powered by Alibaba’s Qwen series reasoning model. It offers advanced capabilities such as a chatbot,…
Hong Kong stocks fell for the fifth straight day on Thursday, marking the longest losing streak in two months, as investors worried about the global economy amid escalating trade-war risks. The Hang Seng Index declined 0.3 per cent to 23,520.73 as of 9.45am local time, adding to a loss of 3.2 per cent since March…
President Xi Jinping’s high-profile meeting with technology business leaders last month significantly enhanced the confidence of Chinese companies, prompting Alibaba Group Holding to make substantial investments in artificial intelligence (AI), according to company chairman and co-founder Joe Tsai during a conference in Singapore. “I wouldn’t underestimate the importance of that event,” Tsai said on Wednesday…
When Bonnie Chan Yiting was in Davos six weeks ago for the World Economic Forum’s (WEF) annual confab, the Swiss ski resort was abuzz with a groundbreaking app that a little-known artificial intelligence (AI) start-up had released half a world away in China. Hangzhou-based DeepSeek rolled out its namesake app on January 20, providing its…
Shenzhen-based Tencent, which runs the world’s largest video-gaming business by revenue and China’s biggest social-media network, made the new model widely available on Thursday through online developer platforms like GitHub and HuggingFace. Users can also add lip-synched voice to their videos as well as background sound effects, according to Tencent. In a demonstration video released…
On a bright morning in Prague or Budapest, you could be forgiven for missing the quiet but pervasive shift underway. It is not a political coup or a military confrontation, but something subtler: the steady expansion of China’s artificial intelligence (AI) influence across Central and Eastern Europe (CEE). DeepSeek, Alibaba’s Qwen, and other Chinese AI…