China-based Ant Group has reportedly unveiled a new, AI-powered health app for smartphones. As CNBC reported Thursday (June 26), the app was made using artificial intelligence (AI) technology that Ant said could be introduced overseas, marking the latest example of how Chinese AI is being used for consumer applications. According to the report, Ant —…
Early figures from China’s two dominant mobile payment services, Alipay and WeChat Pay, showed strong inbound travel spending during the country’s five-day Labour Day holiday. Alipay, a unit under Ant Group, said in a statement on Monday that both the number of transactions and total spending by inbound travellers across 13 e-wallets in its network…
Hong Kong has recorded a 27 per cent increase in visitor numbers during the “golden week” holiday compared with the same period last year, with most of the arrivals coming from mainland China, authorities have said. Tourism chief Rosanna Law Shuk-pui said on Friday afternoon, the second day of the Labour Day holiday that will…
Nearly 222,000 mainland Chinese visitors arrived in Hong Kong on the first day of the five-day Labour Day “golden week” holiday, a 22 per cent increase from last year. Figures published by the Immigration Department on Friday showed that 264,504 visitors entered the city the day before, up 27 per cent from last year’s 208,806….
Major Chinese technology companies are racing to launch services based on the open model context protocol (MCP), which enables Manus-like artificial intelligence (AI) agents to connect with third-party online tools, data sources and systems – a trend that could expand the commercial adoption of such applications. Alipay operator Ant Group – the fintech affiliate of…
The escalating trade war between China and the US is dampening the sentiment of mainland Chinese homebuyers in Hong Kong, as macroeconomic uncertainties and currency depreciation risks weigh on the housing market, according to experts. “Hong Kong’s property market very much depends on the economy, which will inevitably be affected by the tariffs and the…
Chinese e-commerce platform JD.com has started accepting Alipay for payments after the announcement of its logistics deal with rival Alibaba Group Holding’s Cainiao, another sign that the “walled gardens” in China’s tech world are continuing to break down. Alipay, the largest mobile wallet in China operated by Ant Group, was made available for consumers shopping…
Alipay, China’s leading mobile payment service operated by Ant Group, reported a surge in outbound and inbound tourism transactions during the mainland’s “golden week” National Day holiday, as consumer confidence appears to rebound following Beijing’s large-scale stimulus measures introduced ahead of that annual break. During the first four days of the holiday, which began last…
A couple of days before U.S. businessman Sascha was due to travel to Shanghai for a conference, he began preparing his cell phone. Marketplace is not using his surname to avoid identifying his company, which could face repercussions in China. On the advice of friends, he downloaded China’s key mobile payment apps, Tencent’s WeChat and…