66 h. ago Nexperia and Chinese owner fight for control of chipmaker in Dutch court

The battle for control of Dutch chipmaker Nexperia entered a new phase on Wednesday, as lawyers representing the firm and its Chinese parent Wingtech Technology traded blows during a seven-hour court hearing in the Netherlands. The Enterprise Chamber – a special Dutch court handling corporate disputes – scheduled the hearing to determine whether it should order a formal investigation into alleged mismanagement at Nexperia or overturn its earlier ruling, with a verdict set to be issued by...

Events

3 d. ago Zhipu AI breaks US chip reliance with first major model trained on Huawei stack

Chinese artificial intelligence firm Zhipu AI said its new image generation model was trained on chips from Huawei Technologies, making it the first powerful open-source model to be developed on an entirely domestic training stack. The Beijing-based company, fresh off its Hong Kong initial public offering, said on Wednesday that the achievement proved the feasibility of developing powerful multimodal models without US semiconductors, as Beijing pushes for self-reliance in China’s AI industry...

Politics

3 d. ago DeepSeek stays mum on next AI model release as technical papers show frontier innovation

Chinese artificial intelligence firm DeepSeek continues to keep the world guessing on when its next major release – the much-anticipated updates to its V3 and R1 models – will be launched, according to analysts, amid its recent publication of technical papers. The papers underscored DeepSeek’s efforts to improve the underlying infrastructure of AI systems in China at a time when geopolitical tensions and domestic production hurdles restricted the country’s access to advanced semiconductors to...

Economics

4 d. ago Chinese firm Sinovac to supply vaccine to Chile ahead of flu season

The Chilean government has awarded a contract to Chinese biopharmaceutical firm Sinovac Biotech to supply its influenza vaccine ahead of the southern hemisphere winter. The vaccine will be part of Chile’s nationwide immunisation programme, which public health body Cenabast said was “internationally recognised for its impact on public health protection, particularly among high-risk groups”. Beijing-based Sinovac’s influenza vaccine uses an inactivated virus based on a split-virion platform – a...

Politics

5 d. ago Zohran Mamdani joins New York City nurses on strike over labour dispute

Thousands of nurses at three major hospitals in New York City began to strike on Monday, amid a severe flu season and broader pressures on the US healthcare system. The walkout impacts roughly 15,000 nurses at hospitals including Mount Sinai Medical Centre and NewYork-Presbyterian in Manhattan as well as Montefiore Medical Centre in the Bronx. New York City Mayor Zohran Mamdani joined striking nurses on the picket line in Washington Heights. “All parties must return immediately to the...

Events

5 d. ago New York City Mayor Mamdani joins picket line as 15,000 nurses strike

Thousands of nurses at three major hospitals in New York City began to strike on Monday, amid a severe flu season and broader pressures on the US healthcare system. The walkout impacts roughly 15,000 nurses at hospitals including Mount Sinai Medical Centre and New York-Presbyterian in Manhattan as well as Montefiore Medical Centre in the Bronx. New York City Mayor Zohran Mamdani joined striking nurses on the picket line in Washington Heights. “All parties must return immediately to the...

Events

5 d. ago Chinese semiconductor firm OmniVision jumps 16.2% in Hong Kong trading debut

Chinese semiconductor firm OmniVision jumps 16.2% in Hong Kong trading debut  Reuters

Politics

5 d. ago Chinese semiconductor firm OmniVision climbs 6.7% in Hong Kong trading debut

Chinese semiconductor firm OmniVision climbs 6.7% in Hong Kong trading debut  Reuters

Politics

8 d. ago Chinese firms outpace US rivals in 2025 humanoid robot shipments, as AgiBot takes lead

Shanghai-based AgiBot topped global humanoid robot shipments in 2025, with nearly a 38 per cent share, as China’s robotics firms dominated the market, leaving in the dust major US players like Elon Musk’s Tesla. According to data released on Thursday by Omdia, AgiBot shipped 5,168 humanoid robots last year to lead five other Chinese companies in the research firm’s top 10 list. Unitree Robotics, headquartered in Hangzhou, ranked second with 4,200 humanoids shipped last year, which accounted for...

Politics

9 d. ago Hong Kong’s late summer flu season is over. But official says jabs still vital

Hong Kong has emerged from its summer flu season, which started late and extended into the new year, but a health official is urging the public to get vaccinated immediately to stave off a looming winter surge. This year’s summer influenza season began in early September and reached its peak in mid-to-late October. It lasted about four months, with authorities putting the death toll at 345 people, including three children. Dr Edwin Tsui Lok-kin, controller of the Centre for Health Protection,...

Politics

1 week ago DeepSeek to customise namesake chatbot for Italian users following probe

Chinese artificial intelligence firm DeepSeek has agreed to launch the first country-specific version of its namesake chatbot, while tackling the problem of “hallucinations” in its AI models to meet the requirements of regulators in Italy. DeepSeek assented to the package of commitments after a months-long negotiation with the Italian Competition Authority, known as the AGCM, which had earlier accused the Hangzhou-based start-up of not sufficiently warning users in the country about the risk of...

Politics

1 week ago Chinese firm owner in Venezuela warns of spillover after Maduro’s abduction

Eight years after leaving Venezuela, David Hou, a native of southern China’s Guangdong province, returned last year, pleased to find what he described as an improved economic environment. That optimism is now shrouded in uncertainty after the United States abducted Venezuelan President Nicolas Maduro on allegations of narcoterrorism and possessing “destructive devices” – charges he has firmly rejected. While the full impact has yet to be felt, the situation is “making people anxious and very...

Events

1 week ago Another Chinese quant fund joins DeepSeek in AI race with model rivalling GPT

Another Chinese quantitative trading firm has entered the race to develop large language models (LLMs), unveiling systems it claims can match – and in some cases surpass – the performance of US rivals such as OpenAI’s GPT-5.1, following the global rise of DeepSeek. Beijing-based Ubiquant said it released a series of open-source code-focused LLMs last week that outperformed leading closed-source models on multiple benchmarks despite using far fewer parameters. The IQuest-Coder-V1 family is...

Politics

2 w. ago Chinese rocket firm LandSpace moves closer to US$1 billion IPO in Shanghai

Chinese rocket maker LandSpace aims to raise 7.5 billion yuan (US$1 billion) from an initial public offering (IPO) in Shanghai, after becoming the first home-grown aerospace firm to have its listing application accepted via a fast-tracked process. The Beijing-headquartered company, regarded as a challenger to Elon Musk-led SpaceX, said its listing aimed to “actively respond to national strategic plans and urgent market demands”, according to its prospectus. The Shanghai Stock Exchange (SSE)...

Economics

2 w. ago Chinese AI firm MiniMax, others launch Hong Kong IPOs in year

Chinese AI firm MiniMax, others launch Hong Kong IPOs in year-end rush  Reuters

Economics

2 w. ago China’s Zhipu AI launches US$560 million share sale as Hong Kong’s IPO tech race heats up

Chinese artificial intelligence firm Zhipu AI kicked off a share sale on Tuesday to raise HK$4.35 billion (US$560 million), moving closer to becoming the first large language model (LLM) developer listed in Hong Kong amid a surge of technology initial public offerings (IPOs). The start-up, officially known as Knowledge Atlas Technology and marketed overseas as Z.ai, set its offer price at HK$116.20 for more than 37 million shares, with 10 per cent allocated to retail investors. The company plans...

Economics

3 w. ago Nexperia China eyes new wafer suppliers in 6 months amid legal fight with Dutch chipmaker

Nexperia China, the estranged unit of the Dutch chipmaker, is pushing forward with efforts to secure new wafer suppliers in six months, as the firm’s Netherlands head office and mainland Chinese owner Wingtech Technology started direct talks last week. In its shareholders meeting in Shanghai on Friday, Wingtech said Nexperia China’s plant in Dongguan, in southern Guangdong province, continued to operate amid “a significant gap in wafer supply”, reports from several state-backed media...

Politics

3 w. ago 4 Chinese defence firm chiefs among 8 sacked from top advisory body CPPCC

4 Chinese defence firm chiefs among 8 sacked from top advisory body CPPCC  South China Morning Post

Politics

3 w. ago Nuclear Firm Working With Chinese Military Companies Pushes for $900 Million US Uranium Contract

Nuclear Firm Working With Chinese Military Companies Pushes for $900 Million US Uranium Contract  freebeacon.com

Economics

4 w. ago Beijing Isolated as U.S. & Japan Stand Firm Against Chinese Aggression

Beijing Isolated as U.S. & Japan Stand Firm Against Chinese Aggression  AMAC - The Association of Mature American Citizens

Economics