Hong Kong – In a move that bridges tradition and innovation, Chinese herbal wellness retailer Hung Fook Tong has teamed up with Nutribite to launch a personalised meal service powered by AI and rooted in traditional Chinese wellness principles. The new meal service combines AI technology with nutritional science and traditional Chinese wellness principles to…
May 5, 2025 IPO applications at the Hong Kong stock exchange have surged, with filings in the first four months of the year increasing by 29% compared to the previous year, according to a report from the South China Morning Post. The exchange has seen 112 companies submit applications to list on its main board,…
Earlier this year, when Veronica Zhai was preparing to launch her bespoke luxury brand Zhai, she knew her marketing budget would be tight. Agencies and seasoned brand strategists charged anywhere from $5,000 to $30,000 a month, beyond what she could afford before she’d brought in any real revenue. So Zhai turned to ChatGPT. “AI does…
Pharus Diagnostics, a Li Ka-shing-backed developer of diagnostic tests for cancer powered by artificial intelligence (AI), said it would tap into fundraising channels in Hong Kong. The Taiwan-based start-up aims to complete a round of fundraising and a clinical study on lung cancer by the end of the year, said CEO Philip Huang. “Currently, we…
Sam Altman, the CEO of OpenAI and the architect of ChatGPT, is behind a venture that wants to solve a modern-day problem: proving you’re human amidst a proliferation of bots and artificial intelligence. The startup, called World (formerly Worldcoin), is launching in the U.S. with the distribution of 20,000 tech devices called Orbs that scan…
Highlights AI-generated fashion shoots are becoming popular. They are being offered by companies such as BetterStudio, Lalaland, Botika and FashnAI. The value proposition is clear: Using AI-generated models to showcase clothes and accessories is less expensive than hiring a photographer, model and arranging a shoot. But fashion industry workers are concerned that their…
President Xi Jinping urged China to focus on technological self-reliance and closer ties with the Global South as he visited Shanghai on Tuesday – his first inspection trip since sweeping US tariffs prompted an escalation of the US-China trade war. The selection of the financial and industrial powerhouse as his first stop highlights China’s determination…
A number of mainland China companies are making plans for initial public offerings (IPOs) or secondary listings in Hong Kong, a trend that augurs well for the city’s effort to claw its way back to the top of the global league table of fundraising destinations. Wang Xingxing, the founder of humanoid-robotics start-up Unitree, told Hong…
Hong Kong’s finance chief has predicted the economy will post solid growth for the first quarter, while pledging to press on with plans to control government spending to maintain the city’s competitiveness. Financial Secretary Paul Chan Mo-po gave his forecast on Sunday in the lead-up to this week’s announcement of gross domestic product (GDP) figures…
(Reuters) -China’s Huawei Technologies is preparing to test its newest and most powerful artificial-intelligence processor, hoping to replace some higher-end products of U.S. chip giant Nvidia, the Wall Street Journal reported on Sunday. Huawei has approached some Chinese tech companies about testing the technical feasibility of the new chip, called the Ascend 910D, the report…