More than 40,000 Hong Kong taxi drivers have adopted major electronic payment platforms AlipayHK and WeChat Pay HK, easing a protracted pain point for mainland Chinese visitors who are expected to arrive in droves during the coming Ching Ming Festival break. AlipayHK, a joint venture of Ant Group, an affiliate of Alibaba Group Holding, which…
Date and time: Friday, September 19, 2025 10.30am-11.30am (HKT) The US-China chip war is escalating, with Washington’s goal of limiting Beijing’s technological advancement now sparking a counter-reaction that may accelerate China’s drive for chip self-sufficiency. The latest actions in this conflict – including US export controls and China’s push for domestic alternatives – are reshaping…
Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market. Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a…
Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market. Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a…