20 h. ago Top cyber firm warns new digital threats from China unlike any ever encountered

Top cyber firm warns new digital threats from China unlike any ever encountered  Washington Times

Events

32 h. ago PwC Names Batch of New Hong Kong, China Partners to Revive Firm

PwC Names Batch of New Hong Kong, China Partners to Revive Firm  Bloomberg.com

Politics

33 h. ago New York/New Jersey holds firm in May as Trump advances China and Canada trade talks

New York/New Jersey holds firm in May as Trump advances China and Canada trade talks  WorldCargo News

Politics

3 d. ago 2 arrested, 1,075 fake tickets seized ahead of Jay Chou Hong Kong concerts

Hong Kong police have arrested two people and seized more than 1,000 fake tickets with a face value of over HK$2 million (US$256,410) in total for concerts by Mandopop superstar Jay Chou this weekend. The force said on Saturday that officers arrested a man, 23, and a 17-year-old girl during an operation the previous afternoon at Hung Hom MTR station when members of a local syndicate were allegedly making a deal. Two counterfeit tickets were seized from the pair. Officers also found another 1,073...

Events

5 d. ago China AI chip firm Biren raises new funds, plans Hong Kong IPO, say sources

China AI chip firm Biren raises new funds, plans Hong Kong IPO, say sources  Reuters

Economics

8 d. ago China’s Hellobike sets up new robotaxi firm with Ant Group, CATL By Reuters

China’s Hellobike sets up new robotaxi firm with Ant Group, CATL By Reuters  Investing.com

Economics

8 d. ago China's Hellobike sets up new robotaxi firm with Ant Group, CATL

China's Hellobike sets up new robotaxi firm with Ant Group, CATL  Reuters

Economics

1 week ago Hong Kong police arrest 8 after fake concert tickets sold for HK$650,000

Hong Kong police have arrested eight suspects aged as young as 20 in a crackdown on a cross-border syndicate that allegedly sold fake concert tickets for a total of HK$650,000 (US$82,800), with the Post learning that Taiwanese star Jay Chou’s fans were among those targeted. The force said on Wednesday that the suspects were all Hong Kong residents and comprised five men and three women aged 20 to 44, with the charges including conspiracy to defraud, possession of false documents, obtaining...

Events

1 week ago Hong Kong authorities dismiss proposal to split child tax allowances

Hong Kong authorities have rejected proposals to allow parents to split child tax allowances, citing concerns about administrative efficiency and the limited benefit to taxpayers. During a legislative council meeting on Wednesday, lawmaker Nixie Lam Lam suggested amending the law to introduce a default allocation mechanism for child allowances, such as according to income ratios, letting parents share the amount or claim it separately to reduce conflicts. “When it comes to supporting elderly...

Politics

2 w. ago China’s C929 jet secures Western tech as manufacturer signs parts deals

China’s chief civilian aircraft maker has secured deals to buy Western-made parts for its first widebody jet – expected to resemble the Airbus A350 and Boeing 787 series – despite ongoing turbulence in trade and supply chains. The Commercial Aircraft Corporation of China (Comac) reached an agreement to work with French aerospace firm Safran on the development of the widebody C929’s brake controls, ice detection system, tyre pressure indicators and on-board oxygen system, according to reports...

Economics

2 w. ago China firm sparks outrage by fining workers for looking in mirrors, eating at desks

A senior executive from a well-known home furnishing company in China has sparked online controversy by announcing a series of bizarre workplace rules. Among the strange requirements are fines for looking in the mirror and eating snacks during work hours. The rules also require staff to clock in six times a day. The controversy unfolded in May after it was revealed online that a senior executive in the e-commerce department of Man Wah Holdings Ltd, surnamed Liu, had issued a notice. It banned...

Economics

2 w. ago Shanghai firm sues to liquidate Hozon amid EV maker’s financial struggles

The cutthroat competition in mainland China’s electric vehicle (EV) market threatens to sink Hozon New Energy Automobile, as the maker of Neta-branded cars faces a lawsuit from a Shanghai-based advertising agency that wants the debt-ridden company to be liquidated. According to a document recently published on the National Enterprise Bankruptcy Information Disclosure Platform, a court in Jiaxing, in eastern China’s Zhejiang province, is reviewing the bankruptcy case after Shanghai Yuxing...

Economics

2 w. ago ByteDance helps jewellery firm Lao Feng Xiang push AI glasses to China’s elderly

Social media giant ByteDance is helping the 177-year-old Chinese jewellery company Lao Feng Xiang develop a new generation of smart glasses, powered by artificial intelligence (AI), that feature real-time voice navigation and translation functions. Lao Feng Xiang debuted their initial line of wearable gadgets at Wednesday’s opening of the International Exhibition of Senior Care, Rehabilitation Medicine and Healthcare, the world’s biggest senior care expo, that is being held in the company’s home...

Politics

2 w. ago US venture capital firm to unload stakes in 40 Chinese tech start

Shares of a few dozen China-based start-ups may be up for grabs as their investor, US venture-capital firm Eight Roads, plans to exit its Chinese technology holdings. The move, reported by Bloomberg on Tuesday, comes as geopolitical tensions and a sluggish Chinese economy prompt some global investors to retreat. Domestic and government-backed funds and financing products would increasingly drive start-up funding in the world’s second-largest economy, analysts said. Fidelity Ventures-backed Eight...

Politics

3 w. ago ‘Irresistible trend’: why Chinese firms are rushing to open factories in Hungary

When Agosto Bodo took a job at a Chinese law firm’s Budapest office last year, he found himself catapulted into the centre of a China-fuelled investment boom. Yingke Law Firm, a major player in Chinese corporate law, had opened the new office to serve a wave of Chinese companies looking to open factories in Hungary. And the business was quickly gaining momentum. “We helped our clients with sourcing labour, looking for offices – we provided the whole service to help them overcome the language and...

Politics

3 w. ago 8 million Chinese viewers moved by boy, 6, who operates crane for acrobat parents

Massive numbers of people across China have watched in amazement as a thoughtful six-year-old boy operates a crane that is integral to an acrobatic show his parents perform. Xie Yule expertly worked the machine that held his parents in the air to perform in a town in eastern China’s Anhui province on a rainy evening ahead of Children’s Day. As rain fell heavily, the diminutive Xie stood on a stool as his hand never left the crane’s control panel, his eyes locked on his parents. His father, Xie...

Politics

3 w. ago Chinese app firm Newborn Town sets up in Hong Kong for AI, global push

Hong Kong-listed Chinese app company Newborn Town will open a global headquarters and set up an artificial intelligence (AI) research centre in Hong Kong as a pivotal step in its overseas expansion strategy. “The landing of the global headquarters in Hong Kong marks a new stage in the company’s globalisation strategy and an important milestone of our company’s development,” said chairman Liu Chunhe at an opening ceremony in Hong Kong on Thursday. Newborn Town said it would focus on developing AI...

Politics

3 w. ago Ripple, XRP Treasury Reserve News: China Firm Files With SEC For $300M Plan

Ripple, XRP Treasury Reserve News: China Firm Files With SEC For $300M Plan  CoinDesk

Economics

3 w. ago China firm cons parents out of US$51,000 with fake elite brand kids fashion show

A Chinese company has been fined 600,000 yuan (US$83,000) by the government for faking children’s fashion shows and conning 367,000 yuan (US$51,000) out of desperate parents. A Shanghai company had been promoting a series of fashion shows under the name Paris Kids Fashion Week since 2020, according to the mainland media outlet Xinmin Evening News. The company branded the shows part of the world-famous Paris Fashion Week, and used images of famous tourist spots in France, such as The Louvre, on...

Economics

4 w. ago China accuses US of violating trade truce and vows firm retaliation

China accuses US of violating trade truce and vows firm retaliation  Euronews.com

Politics