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 drills involved rockets, warships, and aircraft near Taiwan Taiwan condemned drills as threat to regional security China’s exercises follow US arms package announcement for Taiwan Ambassadors from Quad nations meet in Beijing on Tuesday TAIPEI/BEIJING, Dec 31 (Reuters) – Taiwan remained on high alert on Wednesday after China staged massive military drills around the…
China carrying out 10 hours of live-firing drills around Taiwan Chinese military rehearsing blockade of island’s north and south Taiwan watching if China fires missile over island, source says Taiwan says China is simulating strikes on U.S.-made weapons system TAIPEI/BEIJING, Dec 30 (Reuters) – China fired rockets toward Taiwan on Tuesday and deployed new amphibious…
Chinese artificial intelligence firm Zhipu AI kicked off a share sale on Tuesday to raise HK$4.35 billion (US$560 million), moving closer to becoming the first large language model (LLM) developer listed in Hong Kong amid a surge of technology initial public offerings (IPOs). The start-up, officially known as Knowledge Atlas Technology and marketed overseas as…
“Biotechnology is a high-risk field like a ‘molecular casino’,” said founder Alex Zhavoronkov. “Even with artificial intelligence, you can lose 90 per cent of the time.” The 11-year-old company was training and testing an AI-powered drug-discovery tool, Pharma.AI, to “enable faster, cheaper and more successful drug discovery with higher novelty and confidence”, he said. Zhavoronkov…
Item 1 of 2 A woman works in a noodle store near a television screen showing a news report on China’s “Justice Mission 2025” military drills around Taiwan, in Taipei, Taiwan, December 29, 2025. REUTERS/Tsai Hsin-Han [1/2]A woman works in a noodle store near a television screen showing a news report on China’s “Justice Mission…
Hong Kong could enhance its standing as a wine trade hub by further improving its logistics and storage services, according to a seventh-generation French winemaker overseeing a 200-year-old Burgundy estate. Erwan Faiveley, owner of wine labels Domaine Faiveley and Billaud-Simon, also praised the Hong Kong government’s decision to axe its wine tax in 2008 during…
With the first wave of commercial Chinese real estate investment trusts (REITs) set to launch in the next two years, Greater Bay Area assets are likely to be in strong demand, according to Deloitte China. “GBA assets will likely be oversubscribed,” according to Ryan Wu, deputy managing partner for Hong Kong Chinese enterprises services with…
Hong Kong police have arrested a man after finding an extendable baton in his checked luggage bound for the United States, marking the second discovery of unauthorised weapons in airline baggage this week. The force received a report on Friday after airport security staff discovered the suspected unauthorised weapon in a checked suitcase and arrested…
Two men arrested over a 1 billion yen (US$6.4 million) robbery in Hong Kong were remanded in custody after appearing at Fanling Court on Friday. Lee Wan-kwong, 36, and Lee Chun-wa, 28, were each charged with conspiracy to commit robbery alongside seven others accused of robbing two men of 1.08 billion yen on December 18…