Hong Kong customs officers have arrested a man after he allegedly arrived in the city on a flight from Thailand with cannabis buds worth about HK$5.4 million (US$696,200) in his suitcase. The Customs and Excise Department said on Thursday that the 49-year-old man had flown into the city from Bangkok the day before. During customs…
DeepSeek photo illustration of the AI app environment with the logo.DeepSeek is a Chinese artificial … More intelligence company that develops open-source large language models LLM in a fraction of the cost of the US based competition. DeepSeek logo displayed on a smartphone screen with the flag of China on a screen in the background….
When Ren Zhengfei founded Huawei in 1987, the Chinese telecommunications company had a few thousand dollars in the bank and an eye on reverse-engineering advanced foreign technology. By 1994, Huawei was producing switching equipment, the hardware and software that form the basis of modern telecommunications, and Ren was taking a meeting with Chinese Communist Party…
Hong Kong office tenants pay the second-highest costs in the world for prime space, behind only tenants in London’s West End, according to research by property consultancy Savills. Office space in Hong Kong cost an estimated US$228 per square foot per year including rent and fit-out costs, according to the study, which tracked prime offices…
US President Donald Trump says there is “a very good chance” of reaching a trade deal with China, even as his own trade envoy acknowledged just hours earlier that no tariff discussions are taking place between Washington and Beijing. “Will we make a deal? There’s a very good chance we’re going to make a deal…
Hangzhou-based Alibaba’s cloud computing unit on Tuesday unveiled its much-anticipated Qwen3 family, consisting of eight enhanced models that range from 600 million to 235 billion parameters. Alibaba owns the South China Morning Post. In machine learning, parameters are the variables present in an AI system during training, which helps establish how data prompts yield the…
Homepage > News > Business > Hong Kong university launches first local AI language model A Hong Kong university has become the first in the city-state to launch a domestic large language model (LLM) known as HKGAI V1. The new model was developed by researchers at the Hong Kong University of Science and Technology (HKUST)…
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China will hold off on entering serious trade talks with the US while it waits to see which of Donald Trump’s advisers will have his ear and how other countries will respond to the 90-day pause on tariffs, according to sources. The Trump administration was “too divided” and China was in no rush to negotiate…
Hong Kong businesses have made extensive efforts to entice mainland Chinese visitors during the five-day Labour Day “golden week” holiday, but many tourists will opt to take recommendations from social media platform RedNote. The government anticipates around 840,000 mainland visitors between Thursday and Monday, about 10 per cent more than last year during the same…