51 m. ago Alibaba holds wide lead over rivals in China’s AI cloud market

Alibaba Group Holding captured more than a third of China’s artificial intelligence cloud services market in the first half of this year, surpassing the combined share of its three closest rivals and solidifying its lead over competitors, according to a report from research firm Omdia. With a 35.8 per cent market share, Alibaba Cloud significantly outperformed ByteDance’s Volcano Engine, which ranked second at 14.8 per cent. Huawei Cloud followed with 13.1 per cent, while Tencent Cloud held 7...

Politics

51 m. ago China aims to dominate the skies in the race to make flying cars the transport of the future

AeroHT, an affiliate of Chinese electric vehicle (EV) maker Xpeng, is preparing to enter European airspace as it edges closer to mass production of its flying cars following more than 5,000 orders. The start-up – controlled by Xpeng co-founder and CEO He Xiaopeng – will also conduct its first overseas test flight of its eVTOL (electric vertical take-off and landing) vehicle in Dubai next month. “We are not sure about the recognition or acceptance of products by the customers yet, but I’m happy...

Sport

1 hour ago Hong Kong government lacks ‘necessary conditions’ for Lantau reclamation project

Hong Kong’s current government does not have the “necessary conditions” to start reclamation works for the construction of three artificial islands in Lantau waters, the development minister has said, as authorities halted the environmental assessment process in a rare move. Secretary for Development Bernadette Linn Hon-ho made it clear for the first time on Wednesday that the current administration would not begin the HK$580 billion (US$74.6 billion) project in the waters off Kau Yi Chau, as it...

Politics

2 h. ago Hong Kong to use AI to test elderly professional drivers’ reactions this year

Hong Kong transport authorities will use artificial intelligence (AI) to assess the fitness of elderly professional drivers in a trial set to start later this year, aiming to enhance the reliability of tests for older motorists. Secretary for Transport and Logistics Mable Chan told the Legislative Council on Wednesday that the medical assessment trial would be launched in the fourth quarter of this year, with the transport trade and doctors set to gather feedback. “We will invite members of the...

Politics

5 h. ago Dozens slaughtered in gun and machete attack at DR Congo funeral

Rebels affiliated with Islamic State killed at least 60 people in a machete and gun attack in eastern Democratic Republic of Congo, an official and a witness said on Tuesday. The attack was carried out by the Allied Democratic Force, or ADF, in Ntoyo, North Kivu, after residents gathered at a burial. “There were about 10 of them. I saw machetes. They told people to gather in one place and started cutting them. I listened to people screaming and I fainted,” a survivor who was present at the...

Events

5 h. ago Alibaba’s ‘Amap Street Stars’ is latest salvo against Meituan in e

Alibaba Group Holding on Wednesday launched an artificial intelligence-powered ranking feature on its online mapping service Amap, as the tech giant doubles down on AI applications and deepens its rivalry with food delivery leader Meituan. Amap Street Stars, a ranking featured on the app’s homepage, used AI algorithms to rank offline destinations including restaurants, hotels and tourist attractions, to “advance Amap’s role as the gateway for lifestyle services”, Alibaba said at the launch event...

Politics

6 h. ago Abandoned car owners in Hong Kong could face jail, fines starting from December

Hongkongers will face legal consequences starting in December if they fail to properly handle unlicensed vehicles registered in their names, as authorities step up their crackdown on cars abandoned on the streets. Amy Lee Mei-fung, assistant commissioner of the Transport Department, said on Wednesday that the new rule aimed to increase deterrence against improper abandonment of vehicles. From December 22, the department will issue a notice to registered owners of vehicles that have been...

Events

7 h. ago Alibaba Fuels China Commerce War With New $140 Million Subsidies

Alibaba Fuels China Commerce War With New $140 Million Subsidies  Bloomberg.com

Events

8 h. ago Chinese consumer prices slip back into decline amid deflationary pressures

China’s consumer prices slipped back into decline in August, highlighting persistent deflationary pressures, while a narrower drop in factory-gate prices suggested Beijing’s “anti-involution” campaign may be starting to take hold. The national consumer price index (CPI), a key gauge of inflation, fell 0.4 per cent year on year last month, according to data released by the National Bureau of Statistics on Wednesday. The reading fell short of market expectations after a poll by financial provider...

Events

10 h. ago Apple’s new iPhone Air, with eSIM, faces support limitation in China

Apple unveiled a panoply of updated gadgets at this year’s biggest product launch on Tuesday, with its ultra-thin iPhone Air grabbing much of the limelight. Customers in mainland China, one of Apple’s most lucrative markets, however, may be less inclined to join the scramble for the new model because of regulatory uncertainties related to the new phone’s adoption of eSIM technology in place of physical SIM cards. The release of the iPhone Air may be limited or staggered in the country in its...

Politics

10 h. ago Apple’s new iPhone Air, with eSIM, is the star of company’s product launch

Apple’s new iPhone Air, with eSIM, is the star of company’s product launch  South China Morning Post

Politics

10 h. ago China’s AI Chip Boom Fuels Rallies in Cambricon, Alibaba Shares

China’s AI Chip Boom Fuels Rallies in Cambricon, Alibaba Shares  Bloomberg.com

Politics

13 h. ago Lakers star LeBron James did not write article that carried his name in Chinese paper: Sources

Lakers star LeBron James did not write article that carried his name in Chinese paper: Sources  The New York Times

Politics

14 h. ago Is HUTCHMED (China) Limited Depositary Receipt stock trending bullish

Is HUTCHMED (China) Limited Depositary Receipt stock trending bullish - Wall Street Watch & Pattern Based Trade Signal System  Lancaster City Council

Politics

17 h. ago Hong Kong’s first traditional Chinese medicine hospital set to open in December

Hong Kong’s first traditional Chinese medicine hospital will start operating in December, with the city’s health chief expecting it to play a central role in the industry’s development regionally and nationally. Secretary for Health Lo Chung-mau also said on Tuesday that he hoped the Chinese Medicine Hospital of Hong Kong would be a “bridgehead” for the sector’s march overseas. The University of Hong Kong, the Chinese University of Hong Kong (CUHK) and Baptist University signed collaborative...

Science

21 h. ago US military asset shift for China response could open up Europe to Russian attack, study says

US military asset shift for China response could open up Europe to Russian attack, study says  Stars and Stripes

Events

21 h. ago Alibaba mobilises merchants on premium Tmall site to join instant commerce drive

Alibaba Group Holding has fired another shot at on-demand delivery giant Meituan, with a campaign that brings merchants from its Tmall business-to-consumer shopping platform onto its Taobao Instant Commerce site. The campaign – dubbed “Jishigou”, which translates to instant purchase in Chinese – has seen more than 260 brands on Alibaba’s Tmall premium retail platform join its instant commerce service, the company said on Tuesday. Alibaba owns the South China Morning Post. Taobao Shangou,...

Politics

22 h. ago Is China Literature’s Recent 37% Rally Justified After New Alibaba Collaboration?

Is China Literature’s Recent 37% Rally Justified After New Alibaba Collaboration?  Yahoo Finance

Politics

23 h. ago Female pedestrian killed, 5 others injured in crash in Hong Kong

A woman has died after being hit by a vehicle belonging to CLP Power, which subsequently collided with another car in Hong Kong on Tuesday afternoon. Police received multiple reports at around 3.35pm of a serious collision near the entrance to the Ma Tau Wai Estate car park on Shing Tak Street, To Kwa Wan. The vehicle reportedly first hit the female pedestrian, then collided with another car. The woman was found unconscious and rushed to Kwong Wah Hospital, where she was later pronounced...

Events

23 h. ago Female pedestrian killed, 6 others injured in crash in Hong Kong

A woman has died after being hit by a vehicle belonging to CLP Power, which subsequently collided with another car in Hong Kong on Tuesday afternoon. Police received multiple reports at around 3.35pm of a serious collision near the entrance to the Ma Tau Wai Estate car park on Shing Tak Street, To Kwa Wan. The car was travelling westbound along Shing Tak Street and made a right turn into the car park. Upon reaching the entrance, it suddenly accelerated and crashed into the car park barrier. Then...

Events