Pentagon has added several major Chinese companies, including electric vehicle giant BYD, technology company Alibaba and search engine Baidu, to its list of Chinese military companies. The move, announced in a Federal Register post dated June 9, 2026, prevents the above stated companies from receiving US defense contracts and marks a broader effort by Washington…
Published Tue, Jun 9, 2026 · 08:57 AM [WASHINGTON] The US on Monday (Jun 8) added Chinese e-commerce giant Alibaba, Internet search provider Baidu and automaker BYD to a list of companies it believes are aiding Beijing’s military, in a move that could inflame tensions between the countries. The long-awaited update supersedes a list from…
Robotaxi passengers in China became stranded on busy roads after their driverless cars came to a sudden halt in heavy traffic. A “system malfunction” caused more than 100 Apollo Go vehicles to stall in the city of Wuhan, according to local police. While no injuries were reported, it did cause traffic chaos in some cases….
Chinese self-driving technology developers continue to expand outside the mainland as WeRide seeks to launch robotaxi services this year in Hong Kong and Singapore, according to an executive. WeRide’s planned entry into Hong Kong was set to cover both robotaxis and robobuses, said senior director of public relations and marketing Maeve Zhang in a media…
In China this month, people have been lining up on streets to install an AI programme on their computers. Some had travelled from other cities. Others had waited for hours for engineers to set it up for them. There were even “birth certificates” given out upon installation. The programme is OpenClaw. Its logo is a…
Hong Kong Exchanges and Clearing (HKEX) has unveiled its biggest listing reforms since 2018, broadening its special listing regime for innovative companies and opening the door for smaller and more diverse firms to list in the city, the bourse operator said on Friday. HKEX proposed lowering the minimum threshold for companies to list under the…
24/7 Wall St. (24/7 Wall St.) Quick Read Invesco China Technology ETF (CQQQ): up 14.5% over 12 months, down 8.5% past month. Top 4 holdings Tencent (TCEHY), PDD Holdings (PDD), Baidu (BIDU) at 7.26%, Meituan (3690.HK) represent ~30% of portfolio. US-China trade tensions and concentrated AI exposure will determine whether CQQQ continues recovering from China’s…
China’s Spring Festival has emerged as a high-stakes arena for artificial intelligence and robotics companies, with tech giants Tencent Holdings and Baidu committing a combined 1.5 billion yuan (US$215 million) to their digital red packet campaigns. Chinese social media and gaming giant Tencent announced on Sunday that its AI chatbot app Yuanbao would give away…
China’s robotics industry may need at least five years before humanoid models reach a similar level of acceptance to electric vehicles, according to private equity firm Hermitage Capital, the latest voice warning of a potential bubble in the sector. The firm, which manages US$1.5 billion in assets, was an early investor in Chinese graphics processing…
Hong Kong will provide more chargers compatible with Chinese electric vehicles, the transport chief has said, as the first batch of cars from Guangdong province enters the city’s urban areas under a new scheme. Secretary for Transport and Logistics Mable Chan said on Tuesday that nearly 100 mainland Chinese cars entered Hong Kong on the…