Hong Kong stocks fell for a second day on Friday as investors held back ahead of a closely watched talk between US President Donald Trump and Chinese President Xi Jinping, which could yield signals on tariffs, TikTok’s fate and the battle for tech dominance. The Hang Seng Index slid 0.2 per cent to 26,485.31 as…
An expected phone call between Chinese President Xi Jinping and US President Donald Trump on Friday could pave the way for further engagement and progress towards a possible summit between the two leaders, according to a prominent Chinese academic. “Tomorrow’s phone call will give a sense of direction – whether the [US-China] relationship is moving…
BEIJING (AP) — China’s Huawei Technologies said Thursday that it would roll out the world’s most powerful AI computing clusters over the next two years as it seeks to outperform global leaders despite relying on less powerful domestic semiconductors. China is racing to develop its own technology as America restricts what can be sold to…
Huawei Technologies unveiled hardware that it said could deliver world-class computing power without using Nvidia’s advanced chips, in a breakthrough that could potentially free the supply chokehold that constrains China’s aspirations in artificial intelligence. The Shenzhen-based telecoms equipment giant said it had developed the “world’s most powerful” supernode computing cluster using local chipmaking processes, providing…
The Hong Kong Monetary Authority (HKMA) is set to encourage more mainland banks to set up regional headquarters in the city, while the local bourse operator plans to enhance the listing regime, as the government aims to fortify Hong Kong’s position as an international financial centre, according to Chief Executive John Lee Ka-chiu. In his…
Koreans have dubbed it the “night owl getaway” – a weekend city of shimmering towers, acclaimed cuisine and a vibrant urban energy. In recent months, Shanghai has surpassed Tokyo and Hong Kong as the destination of choice for a new generation of Korean travellers, driven by China’s visa-free entry during 2025 and a rising appetite…
The US government is set to dispatch a group of American growers and exporters of agricultural products to China in the coming autumn for exchanges with Chinese officials in Beijing, followed by a high-profile presence at a key import fair in Shanghai. This will mark the third year that the US Department of Agriculture has…
Ant Group unveiled its first humanoid robot at a trade show in Shanghai on Thursday, heralding the Chinese fintech company’s entry into the increasingly competitive field of embodied artificial intelligence to take on rivals like Unitree Robotics. The wheeled, two-armed humanoid, named R1, was developed by Ant’s robotics unit Ant Lingbo Technology, also known as…
Stunning gains in Chinese stocks are testing regulators’ ability to manage the ascent, as Beijing seeks to fulfil its long-standing goal of positioning the nation’s US$12 trillion equity market as a steady source of household income that can support consumer spending and economic growth. As the property market remains in the doldrums, eroding the wealth…
Ant Group unveiled its first humanoid robot at a trade show in Shanghai on Thursday, heralding the Chinese fintech company’s entry into the increasingly competitive field of embodied artificial intelligence to take on rivals like Unitree Robotics. The wheeled, two-armed humanoid, named R1, was developed by Ant’s robotics unit Ant Lingbo Technology, also known as…