Locals and visitors flocked to popular destinations across Hong Kong on the third day of the Lunar New Year on Thursday, despite official data showing a nearly 16 per cent increase in net outflow during the holiday period. Crowds began building up at about 10am at The Peak and Sha Tin’s Che Kung Temple, with…
Hong Kong cable car attraction Ngong Ping 360 maintained steady revenue over the past year with a 20 per cent retail and dining surge helping to offset stagnant ticket sales for rides. The operator also said on Tuesday that it would introduce night rides for the first time to headline its 20th anniversary celebrations. Ngong…
Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market capitalisation, said executive director Maureen Fung Sau-yim resigned with immediate effect on Tuesday due to health issues, according to a stock exchange filing. “Ms Fung has confirmed that she has no disagreement with the board of the company and that she is not aware…
Hong Kong’s tourism sector is bracing for a 6 per cent rise in mainland Chinese visitors during the Lunar New Year holiday, as travel to the city regains momentum. Tickets for high-speed trains from major mainland cities to Hong Kong have been selling fast in the days leading up to the festive period – an…
The race between the US and China to dominate the world’s artificial intelligence industry has become “complex and challenging to forecast”, according to ChatGPT creator OpenAI. “The US continues to lead on model capabilities, and US models also have maintained a meaningful lead in science and more complex reasoning,” said the post written by OpenAI’s…
Alexey Amunts, whose pioneering work on mitochondrial ribosomes helped catalyse the cryo-electron microscopy “resolution revolution”, has left the Max Planck Institute in Germany to join China’s Shenzhen Medical Academy of Research and Translation (SMART) this month. Amunts confirmed he had joined SMART as a senior investigator and would “contribute to its international relations agenda”. He…
Ant Group’s new “vibe coding” artificial intelligence app LingGuang has overwhelmed servers after user downloads surpassed 1 million in just four days, hitting the milestone faster than OpenAI’s ChatGPT and Sora, according to the Chinese fintech giant. The app’s innovative functionality of generating applications in response to users’ text prompts was temporarily suspended on Thursday…
Fintech giant Ant Group, an affiliate of Alibaba Group Holding, has unveiled what it called China’s first multimodal artificial intelligence assistant capable of producing code-driven outputs, including “flash apps” in as little as 30 seconds. LingGuang, described as a next-generation multimodal AI assistant, was designed to help users create a variety of simple apps –…
Scientists in China have solved a 140-year-old chemistry problem in a breakthrough that could overturn traditional production methods and slash the cost of cancer treatments and other expensive medicinal compounds. The research was co-led by Zhang Xiaheng, from the Chinese Academy of Sciences’ Hangzhou Institute for Advanced Study, and Xue Xiaosong, a professor with the…
President Xi Jinping reaffirmed Beijing’s commitment to Moscow, saying it was a “strategic choice” to strengthen ties, during a meeting with visiting Russian Prime Minister Mikhail Mishustin on Tuesday. Xi told Mishustin that China-Russia ties were advancing with steady determination “despite the turbulent and challenging external environment”, according to state news agency Xinhua. “Safeguarding, consolidating…