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US-China trade war

Signage for bitcoin in Hong Kong on August 5, 2024. Photo: Bloomberg

Exclusive | Hong Kong weighs new OTC crypto scheme with SFC

A previous proposal had OTC cryptocurrency shops under the excise department, but some complained about confusing virtual asset rules, sources say.

A previous proposal had OTC cryptocurrency shops under the excise department, but some complained about confusing virtual asset rules, sources say

12 Sep 2024 - 10:00AM

China’s technology sector relies heavily on capital from SOEs, government funds

11 Sep 2024 - 6:22PM

US and Chinese tech giants team up on AI supply chain standard

6 Sep 2024 - 1:40PM

Will Tesla’s FSD delay give Xpeng the edge in autonomous driving?

The US carmaker is expected to roll out the FSD system on the mainland in the first quarter of 2025, compared with previous expectations of end-2024.

5 Sep 2024 - 9:24PMvideocam

Tesla’s AI team said on Thursday the Full Self-Driving software will now be launched next year. Photo: AFP

Nvidia subpoenaed by US Justice Department in escalating antitrust probe

The subpoena brings Nvidia closer to facing a formal complaint, which could focus on whether the AI chip maker makes it harder to switch suppliers.

4 Sep 2024 - 1:15PM

Musk’s Starlink to block X in Brazil, reversing defiance of judge’s order

The satellite internet service Starlink, under Elon Musk’s SpaceX, plans to comply with the order after the court froze the company’s assets.

4 Sep 2024 - 12:13PMvideocam

Pinduoduo updates rules to kick out sellers of shoddy products

A PDD executive said in a recent post-earnings call that the company is willing to sacrifice short-term profits for long-term health.

3 Sep 2024 - 9:30PM

Pinduoduo is taking measures to weed out sellers of low-quality or fake products. Photo: SCMP

Shanghai bets on live-streaming economy to boost consumption

Under a three-year plan, the local sector should generate nearly US$85 billion in online sales by 2026.

3 Sep 2024 - 8:00AM

Shanghai aims to boost its live-streaming economy. Photo: EPA-EFE

The Google of Web3? Ant’s Zan blockchain plans to make it happen

The head of the year-old blockchain venture says he aims to leverage Hong Kong’s supportive environment to build a critical Web3 services company.

31 Aug 2024 - 11:30AM

New Beijing chip fund adds US$1.2 billion to semiconductor coffers in China

Beijing set up the new chip fund under the state-owned Zhongguancun Development Group, joining a slew of chip investment funds across China.

30 Aug 2024 - 7:00PMvideocam

China’s internet users near 1.1 billion, driven by short videos

In the first half of 2024, more than a third of China’s new internet users were drawn to short video apps, a government survey shows.

30 Aug 2024 - 7:00AM

China’s internet population is approaching 1.1 billion. Photo: AFP

Crypto exchange HashKey opens two new tokens to retail investors

The cryptocurrencies, among the top 20 but not household names, were chosen because some bigger tokens face legal disputes, CEO Livio Weng says.

29 Aug 2024 - 2:54PM

The booth of HashKey Group, one of two licensed cryptocurrency exchanges in Hong Kong, seen at the city’s Web3 Festival in April 2024. HashKey started offering two new tokens beyond bitcoin and ether to retail investors on Wednesday. Photo: Handout

Temu owner PDD’s stock rout reflects ‘shaken investor confidence’, analysts say

A 28.5 per cent plunge in PDD Holdings’ share price on Monday reflected ‘shaken investor confidence’ in its future after top management played down profit prospects, analysts said.

27 Aug 2024 - 9:00PM

China’s new radio frequency rules will block the sale of some wireless chargers from Apple

Chinese regulators plan to ban sales of certain types of wireless chargers, including some from Apple, in the latest example of growing compliance risks for foreign electronics products in China.

27 Aug 2024 - 8:00PM

Dutch regulator hits Uber with huge fine over driver data transfer

Uber, whose European headquarters are in the Netherlands, says it will appeal the fine.

27 Aug 2024 - 11:30AMvideocam

Uber has been hit with a record fine by Dutch authorities. Photo: Reuters

China’s money laundering crackdown puts crypto investors, USDT traders at risk

China’s highest court says use of virtual assets to transfer criminal proceeds is among a range of money laundering methods on the mainland.

21 Aug 2024 - 7:00AM

The judicial interpretation by China’s highest court has raised the legal risks faced by mainland cryptocurrency investors when making trades. Photo: Shutterstock

EU approves German state aid for US$11 billion TSMC joint-venture chip plant

TSMC formed a joint venture, the European Semiconductor Manufacturing Co, to build the plant, with European firms Robert Bosch, Infineon and NXP each taking a 10 per cent stake.

22 Aug 2024 - 2:11PM

Shanghai injects US$1 billion into chip fund in self-reliance drive

The latest round of funding brings the size of the Shanghai Semiconductor Industry Investment Fund to US$2 billion.

20 Aug 2024 - 12:00AMvideocam

Hong Kong’s new AI guidelines for banks warn of bias

The Hong Kong Monetary Authority’s new guidelines say the boards of financial institutions should be accountable for AI-driven decisions.

19 Aug 2024 - 8:00PMvideocam

Hong Kong regulators have been trying to keep up with booming adoption of generative AI by issuing non-binding guidelines. Photo: Shutterstock

TikTok disputes US claims on China ties in court appeal

TikTok told a federal appeals court that the US Department of Justice has misstated the social media app’s ties to China, urging the court to overturn a law requiring ByteDance to sell TikTok’s US assets or face a ban.

16 Aug 2024 - 10:32AM

TikTok argued on Thursday that the law would strip the company of its free-speech rights. Photo: dpa

China pumps up state subsidies as chip war with US intensifies

Government subsidies granted to Huawei, SMIC, Naura Technology and other major chip players in China swelled in 2023, a Post analysis found.

16 Aug 2024 - 8:00AM

HKMA, Cyberport collaborate on GenAI sandbox to support adoption in banking

The sandbox serves as a framework, with computing resources and supervisory guidance, to help banks test and build their GenAI applications.

14 Aug 2024 - 9:00PM

More than 600 million on mainland use LLMs amid boom in GenAI adoption: report

Cyberspace Administration of China director Zhuang Rongwen said generative AI services are currently ‘driving economic and societal growth’.

13 Aug 2024 - 7:00PM

Chinese regulators have given the green light to 188 LLMs – averaging more than one AI model approved daily for the past six months. Photo: Shutterstock

Gilad Abiri,Sebastian Guidi

Opinion | Tech firms must play by the rules to keep the internet open

Gilad Abiri

Sebastian Guidi

6 Sep 2024 - 8:30PM

Opinion | How China plans to become a robotics powerhouse

Gerui Wang

5 Sep 2024 - 10:19AM

Opinion | Causal AI could give Hong Kong the leap it needs in AI governance tech

Jane Lee

21 Aug 2024 - 12:22PM

My Take | China’s censorship of cyberspace ID criticism risks losing a chance to improve

Zhou Xin

13 Aug 2024 - 7:00AM

Charles Ferguson

Opinion | AI companies must pay attention to national security needs

Charles Ferguson

8 Aug 2024 - 2:17PM

Opinion | US-China trade war could be the death knell for advanced economies

Andy Xie

2 Aug 2024 - 8:30PM

Biden to impose new investment bans in China

Snowden exposed widespread US spying, 10 years later, what’s changed?

China makes first ChatGPT arrest as job losses by AI begin

China esports team wins world championship

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