The family behind one of Mongolia’s largest mining conglomerates has bought a detached house in Hong Kong’s upmarket Southern district for HK$247 million (US$31.5 million), with the buyer intending to use it as a “retirement residence”. Land Registry records showed Tisara Holdings, whose director is Tselmuun Nyamtaishir, signed a provisional agreement on January 29 to…
Hong Kong has brought its largest delegation ever to the US consumer electronics trade show CES as it strives to become a global technology hub, but US visa denials and the abruptly cancelled attendance of the city’s technology chief have cast a shadow over its efforts. Some employees at exhibiting Hong Kong firms did not…
The former autonomous driving unit at DJI, the world’s largest drone maker, is gearing up to serve the heavy vehicle industry in 2026, in the latest example of Chinese innovation spilling over from Big Tech firms to start-ups. Chinese self-driving tech firm ZYT plans to move into heavy-duty lorries and unmanned logistics vehicles, expanding its…
China’s Nvidia challengers Moore Threads and MetaX are set for their hotly anticipated market debuts, driven by investor excitement over domestic demand for home-grown graphics processing units (GPUs) amid Beijing’s tech self-sufficiency drive. Moore Threads opened a subscription lottery last week at 114.28 yuan per share, the highest pricing among A-share listings this year, and…
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…
US officials are having early discussions on whether to let Nvidia sell its H200 artificial intelligence chips to China, according to people familiar with the matter, a contentious potential move that would mark a major win for the world’s most valuable company. US President Donald Trump’s team has held internal talks about H200 chip shipments…
Chinese President Xi Jinping has vowed to increase imports from Spain and deepen trade collaboration with Madrid in Latin America, amid rising tensions with Europe. Xi made the pledge during a meeting with Spain’s King Felipe in Beijing on Wednesday. “China is willing to import more high-quality products from Spain, explore cooperation potential in emerging…
Yadea – the world’s leading electric two-wheeler brand for eight consecutive years – runs a plant in its home base of Wuxi, in east China’s Jiangsu province, where a single assembly line can produce 1,300 electric bicycles and scooters a day, offering visitors a glimpse of the country’s manufacturing prowess. As of last year, Hong…
Over 20 Chinese companies have earned a place on Time magazine’s “Best Inventions of 2025” list, with innovations in artificial intelligence (AI) recognised for the first time alongside advances in robotics and consumer electronics. This year’s edition – covering 300 innovations across 36 categories, the most ever – marks the first time Chinese advances in…
Smartphone giant Xiaomi briefly took the spotlight during Saturday’s meeting between President Xi Jinping and his South Korean counterpart, Lee Jae-myung, as a pair of the company’s handsets were presented as gifts by China’s head of state. The selection of its flagship consumer product as a state gift reflected Xiaomi’s growing status as a symbol…