Hong Kong students can benefit from taking a gap year after the university entrance exam, but should set clear goals for their future, education sector experts have said, pointing to the increasing value of applicants with experience outside the classroom. NGOs and experts said that setting aside a year for internships, volunteer work or exchange…
Official support and collaboration with private capital are critical for sovereign wealth funds to succeed, the head of Hong Kong’s government-owned investment vehicle has said, as she spelled out strategies needed to deliver high returns. At the inaugural Nusa Dua Forum organised by the South China Morning Post and Indonesia’s sovereign wealth fund Danantara in…
Another powerful new artificial intelligence model from China took the U.S. tech industry by surprise Friday, the latest sign that Chinese startups that publicly release their “open-source” AI technology are making the California titans of AI sweat. The newest Kimi K3 model from Beijing-based startup Moonshot, run by a Pink Floyd-loving entrepreneur who earned his…
What happened: Semiconductor stocks retreated on Friday. Memory and storage highfliers Micron Technology (MU) and Sandisk (SNDK) stocks dropped more than 2%, and Western Digital (WDC) fell more than 3%. Chipmakers, including Nvidia (NVDA), AMD (AMD), Broadcom (AVGO), Intel (INTC), and Marvell (MRVL), also moved lower. Qualcomm (QCOM) retreated as well. Among semiconductor equipment makers,…
Published on 17/07/2026 – 12:03 GMT+2 China’s President Xi Jinping used a major AI summit on Friday to push back against US technology restrictions, calling for artificial intelligence to be developed and governed as a global effort rather than dominated by any single country. ADVERTISEMENT ADVERTISEMENT Speaking in Shanghai, Xi warned against what he called…
SHANGHAI (AP) — Development and governance of artificial intelligence should be a global effort, Chinese President Xi Jinping said Friday, while reiterating China’s objections to what he called the “overstretching” of national security concerns. Speaking at a conference in Shanghai, Xi said AI should not be dominated by any single nation. American-led restrictions have blocked…
Earlier this month, the first batch of 14,000 free tickets to visit the People’s Liberation Army’s naval vessels during their stopover in Hong Kong was claimed within minutes of being released. Families queued online for the opportunity to step aboard the ships, and the open days quickly became one of the most talked-about events of…
BEIJING, July 16 (Reuters) – Twenty-nine countries on Thursday signed an agreement to establish the World AI Cooperation Organization, an intergovernmental body China says aims to promote international cooperation and global governance in artificial intelligence. • Representatives from the 29 countries, including Russia, Belarus, Serbia, Cuba, Brazil and Venezuela, as well as 10 African and…
The Hong Kong Investment Corporation (HKIC) recorded a major jump in investment income during its second year of operation, as it expanded its role as the city’s “patient capital” engine driving local economic development. The wholly state-owned investment firm generated about HK$6.46 billion (US$824 million) in investment income in 2025, a stunning 175 per cent…
NEW YORK, July 15, 2026 /PRNewswire/ — Egan-Jones released an analysis examining how China’s long established fast follower strategy is reshaping the competitive landscape in artificial intelligence and what the shift could mean for investors and credit markets. Egan-Jones Ratings Co. The publication highlights recent developments following the temporary suspension of Anthropic’s Claude Fable 5 after…