Business /

Companies

Related Topics:
Banking & finance
Automotive industry
Industrials
Luxury & Gaming
Transport and logistics
Nissan Motors’ Chief Executive Makoto Uchida (left),Takao Kato, CEO of Mitsubishi Motors (center), and Honda Chief Executive Toshihiro Mibe (right), leave after a joint news conference in Tokyo on December 23, 2024. Photo: AP
Mergers & Acquisitions

Nissan to bow out of historic tie-up with Honda, Nikkei reports

The pair had been negotiating the terms of a tie-up under which Honda would absorb Nissan, bringing the two brands under a single holding company in 2026.

Hong Kong property

Restaurants Eggslut, The Ark to shut Hong Kong outlets amid retail upheaval

videocam
Artificial intelligence

Lights, camera, no AI action: Hollywood hesitates on OpenAI’s Sora video tool

videocam
China stock market

DeepSeek and Trump tariffs will guide winners and losers in China’s markets

Investors are likely to tread lightly as trading commences in the Year of the Snake, as they await the outcome of Trump-Xi talks.

videocam
China’s onshore markets will resume trading on Wednesday after an eight-day break. Photo: Reuters
China’s onshore markets will resume trading on Wednesday after an eight-day break. Photo: Reuters
DeepSeek

China’s chip firms embrace DeepSeek in AI self-sufficiency drive

From Moore Threads to Iluvatar Corex, China’s leading chip designers are rushing to adopt DeepSeek’s latest models.

5
Electric & new energy vehicles

Xiaomi’s market value hits HK$1 trillion on bullish EV sales outlook

Smartphone maker reaps benefits of its diversification into EV manufacturing as order backlog grows.

videocam
Advertisement
Advertisement
Advertisement
IPO

Chinese bubble-tea giant Guming targets US$200 million in Hong Kong IPO

The company, which sells under the Good me brand, is offering 158.6 million shares in a price range of HK$8.68 to HK$9.94 each.

Chinese bubble tea drinks company Guming Holdings sells under the Good me brand. Photo: Handout
Chinese bubble tea drinks company Guming Holdings sells under the Good me brand. Photo: Handout
Business of climate change

Electric trucks cheaper than diesel vehicles on long-haul routes: expert

A pilot programme in Shenzhen showed that trucks that run on batteries beat diesel-fuelled vehicles in terms of total cost of ownership.

4
DeepSeek

World’s top AI brains debate if DeepSeek’s model is a game changer

Experts weigh in on how quickly China is catching up on the US in AI, as DeepSeek takes an open-source approach.

18
Artificial intelligence

China’s DeepSeek gives Europe’s tech firms a way to catch up in global AI race

DeepSeek represents ‘a significant step forward in democratising AI’ for Europe’s tech start-ups, according to executives.

videocam
DeepSeek’s emergence is changing the landscape for AI, as it offers companies access to advanced technology at a fraction of the cost. Photo: Shutterstock
Hong Kong Monetary Authority (HKMA)

Hong Kong is well positioned to weather trade-war fallout: HKMA chief

Economy could take some hits, but diverse export destinations and Beijing’s support will mitigate negative impacts, Eddie Yue says.

Hong Kong Monetary Authority CEO Eddie Yue Wai-man, pictured at his offices in IFC Two on September 26, 2024. Photo: Jonathan Wong
Hong Kong Monetary Authority CEO Eddie Yue Wai-man, pictured at his offices in IFC Two on September 26, 2024. Photo: Jonathan Wong
Artificial intelligence

SoftBank, OpenAI tie up to develop AI for Japan as DeepSeek rises

SoftBank Group companies will spend US$3 billion a year on OpenAI’s tools, despite the arrival of cheaper products from China’s DeepSeek.

Electric & new energy vehicles

15 million new Chinese EVs to have self-driving features this year

Even models priced below 100,000 yuan (US$13,914) will have basic autonomous-driving features, according an industry body.

videocam
Alibaba

Alibaba named most admired Chinese internet company by Fortune

The e-commerce giant trails only Amazon and Alphabet in the internet service and retailing category.

Alibaba’s office in Nanjing, eastern Jiangsu province. Photo: CFOTO/Future Publishing via Getty Images
Artificial intelligence

Hong Kong start-up turns profit by pivoting from housekeeping to AI

Hong Kong-founded Butler aims to help landlords and property managers save costs by automating workflows.

Residential buildings in Hong Kong. Photo: Reuters
Residential buildings in Hong Kong. Photo: Reuters
Hong Kong property

Slow start for Hong Kong’s first property launch in Year of the Snake

Only 27 of the 133 units on offer at The Reserve at Gold Coast Bay in Tuen Mun were sold as of 8pm.

Artificial intelligence

US tech giants embrace DeepSeek’s AI model despite scrutiny

From Nvidia to Microsoft and Amazon, US companies have rushed to adopt the Chinese start-up’s R1 model.

72
Advertisement
Advertisement
Advertisement
Netflix

Get ready for Stranger Things merch as Netflix licenses Squishmallows maker

Stranger Things figures, play sets, toy vehicles, costumes and stuffed toys coming your way under streamer’s deal with soft toy company.

A still from hit Netflix series Stranger Things. The streaming giant has licensed Jazwares, maker of Squishmallows, to create merchandise based on the show. Photo: courtesy of Netflix
A still from hit Netflix series Stranger Things. The streaming giant has licensed Jazwares, maker of Squishmallows, to create merchandise based on the show. Photo: courtesy of Netflix
China Future Tech briefing

Chinese biotech firms cash in on promising drug discoveries via licensing

China has 4,804 new drug candidates under development, second only to the US at 5,268, according to data provider PharmCube.

videocam
Semiconductors

Semiconductor supply chain linchpin JSR sees DeepSeek boosting chip sales

DeepSeek’s low-cost AI models are expected to spur demand for semiconductors over the long term, the Japanese chip materials supplier said.

videocam
Retailing

China’s retail subsidy fuels Lunar New Year shopping spree

Sales of consumer goods such as smartphones and tablets soar, but long-term retail momentum remains uncertain.

videocam
Customers browse at an electronics store in Beijing. The Chinese government is betting on subsidies to boost consumer spending on rice cookers, microwave ovens and smartphones. Photo: AFP
DeepSeek

OpenAI says DeepSeek stole its AI data, but how common is ‘distillation’?

Experts say AI model distillation is likely widespread and hard to detect, but DeepSeek has not admitted to using it on its full models.

videocam
157
OpenAI says it has evidence that Chinese AI start-up DeepSeek distilled its closed-source models through authorised access. Photo: Reuters
OpenAI says it has evidence that Chinese AI start-up DeepSeek distilled its closed-source models through authorised access. Photo: Reuters
Artificial intelligence

Lunar New Year travellers try to outsmart algorithms for cheaper fares

Concerns of algorithm abuse, such as unfair pricing targeting different demographics, have prompted users to try creative solutions.

videocam
Hong Kong media

Hong Kong tycoon Richard Li to sell HKEJ publisher to PCCW for US$9 million

PCCW to pay 0.69 times revenue for the unprofitable publishing firm, versus 0.64 times average of industry peers.

Accounting and auditing

Hong Kong accounting body calls for more expertise in sustainability practices

Some 21 per cent of Hang Seng Index members obtained a ‘reasonable’ score while 53 per cent received a ‘limited’ rating, council report shows.

Only one-fifth of Hang Seng Index members obtained a ‘reasonable assurance’ grade in reporting, according to a survey last year. Photo: Shutterstock Images
loading
China Future Tech
HIGHLIGHTS FROM
China Future Tech

Big Tech

China’s most popular AI app gets facelift with ByteDance’s Doubao 1.5

4
ByteDance’s ChatGPT-like Doubao bot has emerged as the most popular AI app for Chinese consumers. Photo: Simon Song

Big Tech

Artificial Einstein: ByteDance’s viral AI video model brings photos to life

videocam
ByteDance has rapidly become one of the leading artificial intelligence players in China. Photo: Shutterstock

Science

DeepSeek ‘is biggest shock to come out of China in 185 years’

videocam
DeepSeek’s announcement sent shockwaves through US tech firms and stock markets. Photo: Dreamstime/TNS

Big Tech

What’s next for DeepSeek? AI start-up stays mum amid post-holiday plaudits

DeepSeek employees are staying vigilant on guarding sensitive corporate information amid the Chinese company’s rising global recognition. Photo: Shutterstock

Tech

China Future Tech webinar | How is DeepSeek shaping the race for AI supremacy?

MORE IN China Future Tech
OPINION
Anthony Rowley

Macroscope | Biden’s blocking of US Steel deal latest sign of globalisation in retreat

Anthony Rowley
Brian Y. S. Wong

Opinion | 3 obstacles China must overcome to mend ties with Europe

Brian Y. S. Wong
7
Nicholas Spiro

Macroscope | Why Germany has more to fear from a second Trump term than China

Nicholas Spiro
Zhou Xin

My Take | Tesla is getting love from Chinese state media, but can the affair last?

Zhou Xin
Perry Wong,Yeen Chong

Opinion | China pushes ahead on its long march to become a global tech leader

Perry Wong
Yeen Chong
G.A. Donovan

Opinion | Why China’s EV start-ups can now breathe a little easier

G.A. Donovan
TRENDING TOPICS
Hong Kong Stock Exchange
IPO
China stock market
Belt and Road Initiative
China economy
MULTIMEDIA
Video

Jeweller Chow Tai Fook: China gold outlook shines

03:31
Video

MUFG Bank's Asia-Pacific CEO bullish on China

06:47
Video

From backstage in Hollywood to screen queen in Asia

04:31
Video

Pop a cold one! Budweiser to raise US$4.8 billion in Hong Kong IPO

01:06
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW