Hong Kong Exchanges and Clearing has launched its first equity index tracking Hong Kong-listed technology companies, underscoring the city’s ongoing shift from a market long dominated by property and finance towards innovation-driven growth. Unveiled on Tuesday, the HKEX Tech 100 Index tracks 100 large-cap and mid-cap companies spanning artificial intelligence, biotech and pharmaceuticals, electric vehicles…
Hong Kong Exchanges and Clearing has launched its first equity index tracking Hong Kong-listed technology companies, underscoring the city’s ongoing shift from a market long dominated by property and finance towards innovation-driven growth. Unveiled on Tuesday, the HKEX Tech 100 Index tracks 100 large-cap and mid-cap companies spanning artificial intelligence, biotech and pharmaceuticals, electric vehicles…
President Vladimir Putin has often proclaimed that Russia must lead the world in artificial intelligence. In reality, the country is stuck on the sidelines as others pull ahead. PREMIUM Russian President Vladimir Putin, in red tie, at an AI forum in Moscow with Sberbank CEO Herman Gref. The state-owned lender leads Russia’s AI efforts. As…
China’s securities regulator has urged the nation’s brokerage industry to rev up the pace of cultivating top investment banks capable of competing on the global stage and better facilitate Beijing’s technological self-reliance drive as outlined in a critical five-year plan by the Communist Party. Securities companies should redouble efforts to fulfil the goal set by…
Guangdong has named Huawei Technologies’ artificial intelligence chips and HarmonyOS operating system as flagship achievements in China’s drive for technological self-sufficiency. The push by China’s wealthiest province – whose gross domestic product is larger than that of South Korea – to highlight home-grown innovation came as local governments faced mounting peer pressure to support Beijing’s…
“Trump is pragmatic, and he sees China rising in hard power and also in soft power. By concentrating on the Americas rather than doing a pivot to Asia and spreading too thin on every front, by retreating while being on good terms with China, the Americans can still maybe maintain their dominance of global affairs…
Z iz Lasota and Gwen Danielson had reached a stalemate. It was nighttime on the Caleb, the ancient steel-hulled tugboat where they had spent the last five months of 2017, anchored in the outer harbor of Pillar Point, 25 miles south of San Francisco. With their high cheekbones, dimpled chins, and penetrating gazes, the pair…
Defense-tech companies and artificial-intelligence startups have found a vital new market in President Trump’s rapidly escalating drug war. Weapons and AI platforms that were designed for a future conflict with China or struggled to prove themselves on the Ukrainian battlefield have found a niche in the administration’s tech-enabled crackdown on drug trafficking. Drone and imaging…
Fake photos generated by artificial intelligence (AI) are being misused to claim refunds from Chinese online shops, sparking moral and legal concerns. As China’s Double 11 shopping festival took place around November 11, several e-commerce shop owners revealed that they received AI-generated photos of damaged products from consumers attempting to seek refunds. Some people took…
(Bloomberg) — Wall Street thought blowout earnings from Nvidia Corp (NVDA) would calm investors’ nerves about a bubble forming in artificial intelligence stocks. They didn’t. Most Read from Bloomberg So where does the AI trade stand now? It depends who you ask. On one side you have the skeptics. They’re concerned about soaring market valuations…