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Tencent announced its plan to acquire Ximalaya last June through its subsidiary Tencent Music Entertainment Group. Photo: Shutterstock Images
Tencent

Tencent wins conditional antitrust approval for US$2.4b Ximalaya acquisition

The State Administration for Market Regulation cleared the deal on Tuesday, but imposed five conditions.

Semiconductors

Huawei’s chip research gains attention ahead of Trump visit to China

Artificial intelligence

AI | Tech pioneer Chen Tianqiao’s MiroMind halts China services after the Manus saga

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Venture capital market

Hong Kong tech hub progress ‘significant’, Dalton Venture’s Steve Sun says

City’s measures to retain research talent and encourage the commercialisation of research results ‘gradually taking effect’, venture capitalist says.

Hong Kong’s skyline viewed from Victoria Peak. Photo: Eugene Lee
Hong Kong’s skyline viewed from Victoria Peak. Photo: Eugene Lee
Electric & new energy vehicles

Chinese robotaxi firms accelerate global roll-outs as cost edge drives expansion

Pony AI and WeRide harness China’s supply chain strength to cut costs, boost efficiency and scale robotaxi fleets worldwide.

Artificial intelligence

China blocks Meta’s Manus deal after months-long probe, thwarting purchase

Economic planner asks both parties to withdraw from deal for AI firm, in move with wider implications for other start-ups operating overseas.

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E-commerce

Hidden office, fractured bone: violent clashes in China’s food safety crackdown

Details of secrecy, obstruction and violence emerge from a probe into 67,000 ‘ghost’ bakeries across China’s biggest e-commerce platforms.

Regulators have imposed the heaviest fine of 1.51 billion yuan on PDD and suspended it from adding new bakery merchants for nine months. Photo: Reuters
Regulators have imposed the heaviest fine of 1.51 billion yuan on PDD and suspended it from adding new bakery merchants for nine months. Photo: Reuters
US-China tech war

Chinese LED chipmaker’s purchase of Dutch firm collapses after US opposition

The failed Lumileds deal highlights the growing hurdles Chinese tech firms face in overseas acquisitions under tightening US policy.

23
E-commerce

Chinese platforms fined 3.6b yuan over ‘ghost’ takeaways amid cutthroat rivalry

The fines follow a period of intense competition that drove down prices and stalled profit-making at China’s food delivery platforms.

Artificial intelligence

Lightelligence on track with IPO plans as China’s AI photonics race gathers pace

Shanghai-based company aims to become Hong Kong’s first listed AI photonics chipmaker as AI infrastructure buildout drives momentum.

An illustration of Lightelligence’s optical network on a chip. Photo: Handout
Internet

China curbs live stream tipping with new rules to protect minors

The new live-streaming rules ban under-8s from tipping and introduce tiered consent for minors to curb manipulative inducements.

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A live streamer sells products in Longquan Township, southwest China’s Guizhou province, on June 18, 2024, during the “618” shopping festival. Photo: Xinhua
A live streamer sells products in Longquan Township, southwest China’s Guizhou province, on June 18, 2024, during the “618” shopping festival. Photo: Xinhua
Artificial intelligence

China launches national plan to boost AI education

Building nationwide artificial intelligence infrastructure is a central part of the plan.

Artificial intelligence

AI fuels global trade growth as China-US flows shift, McKinsey finds

Data-centre expansion and AI investment push global trade ahead of economic growth, consultancy says.

Artificial intelligence

China’s Zhipu AI open-sources GLM-5.1, raises prices to trim gap with US rivals

The company’s second price increase this year signals a push to monetise advanced AI models while keeping costs below US peers.

The move marks Zhipu’s second price increase this year, following a broader overhaul in February that lifted rates by more than 30 per cent. Photo: Shutterstock
Artificial intelligence

China’s DeepSeek adds expert chatbot mode ahead of much-awaited V4 release

The Hangzhou start-up’s latest chatbot update sparks speculation over whether the expert mode is linked to the long-delayed V4 model.

The changes come ahead of the much-anticipated release of DeepSeek’s next-generation flagship model V4 this month. Photo: Reuters
The changes come ahead of the much-anticipated release of DeepSeek’s next-generation flagship model V4 this month. Photo: Reuters
Artificial intelligence

China’s rigid corporate culture slows AI adoption, ex-OpenAI executive says

China’s tech-savvy consumers embrace AI, but rigid corporate hierarchies hold back enterprises, Zack Kass says.

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Artificial intelligence

Beijing mandates internal ethics committees for all Chinese AI companies

Since 2022, big tech firms including Alibaba and Baidu have established internal science and technology ethics review committees.

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China energy security

Premier Li Qiang pushes AI-powered, next-gen energy system amid global shocks

Beijing is moving to modernise the power grid, putting innovation and flexibility at the heart of its strategy.

Premier Li Qiang learns about the development of a new energy power base in southwest China’s Sichuan province, on Tuesday. Photo: Xinhua
Premier Li Qiang learns about the development of a new energy power base in southwest China’s Sichuan province, on Tuesday. Photo: Xinhua
Apple

Apple’s accidental AI feature release in China risks regulatory backlash: expert

Mainland China users briefly access Apple Intelligence before the update vanishes, raising questions over compliance and regulatory approval.

Semiconductors

Chinese analogue chipmakers raise prices as mature-node producers poised to gain

Higher prices give China’s mature-node producers room to compete with US, European rivals without sacrificing too much margin, analysts say.

Artificial intelligence

ByteDance adds watermarking, IP checks to Seedance 2.0 ahead of global launch

TikTok parent ByteDance says guardrails will protect Seedance 2.0 as it expands globally despite intense scrutiny from Hollywood.

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Video-generation model Seedance 2.0 is displayed at the Zhongguancun Exhibition Center in Beijing on March 25.Photo: Xinhua
Greater Bay Area

Greater Bay Area trails peers in research despite strong tech potential: report

Southern China cluster of cities lags in basic research and original innovation, with talent gaps adding to challenges, Deloitte says.

A robotic arm operates on an autonomous production line in Shenzhen. Photo: Reuters
A robotic arm operates on an autonomous production line in Shenzhen. Photo: Reuters
Artificial intelligence

China’s Kuaishou slumps as analysts flag growth pressure despite strong results

Short-video giant’s core advertising and live-streaming businesses face headwinds while AI investments weigh on margins, analysts say.

Artificial intelligence

China names Beijing, urban clusters as major tech hubs in self-reliance push

Vice-Premier Ding Xuexiang says national capital and its neighbours should become ‘world-class science centre’ at high-profile tech forum.

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Artificial intelligence

Tencent adds ClawBot plug-in to WeChat amid OpenClaw boom and privacy warnings

With over 1 billion users, WeChat becomes Tencent’s biggest OpenClaw campaign, bringing into focus opportunity and regulatory caution.

Tencent is seeking to capitalise on the OpenClaw craze. Photo: Reuters
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