2 h. ago China’s photonic chip debut to power AI, 6G and quantum computing push

As China joins the international drive to mass produce high-performance photonic chips, an industry pioneer said the technical performance of its chips will position the country for major advances in artificial intelligence (AI), 6G and quantum computing. Shanghai Jiao Tong University Chip Hub for Integrated Photonics Xplore (CHIPX) announced on June 5 that it had begun producing 6-inch (15.2cm) wafers for thin-film lithium niobate (TFLN) photonic chips, which rely on light – or photons – rather...

Politics

2 h. ago China’s photonic chip debut to power AI, 6G and quantum computing push: expert

As China joins the international drive to mass produce high-performance photonic chips, an industry pioneer said the technical performance of its chips will position the country for major advances in artificial intelligence (AI), 6G and quantum computing. Shanghai Jiao Tong University Chip Hub for Integrated Photonics Xplore (CHIPX) announced on June 5 that it had begun producing 6-inch (15.2cm) wafers for thin-film lithium niobate (TFLN) photonic chips, which rely on light – or photons – rather...

Politics

4 h. ago Jack Ma replies to Alibaba employee’s letter lamenting ‘company disease’

Jack Ma, founder of Alibaba Group Holding, responded to the resignation letter of a long-term employee on Tuesday, a rare move for the tech veteran who stepped back from all corporate roles in 2019. In a response published on Alibaba’s internal website, Ma addressed the concerns raised by a 15-year employee, who criticised the “big company disease” afflicting the Chinese e-commerce giant in an extensive internal letter. The employee, a product development leader on the team responsible for...

Politics

5 h. ago Chery to debut in third quarter as carmaker uses Hong Kong as a springboard

Chery Automobile, China’s second-largest carmaker by volume, is seeking to complete its Hong Kong initial public offering (IPO) in the third quarter of this year, its chairman said. At the 2025 International Automotive & Supply Chain Expo in Hong Kong on Thursday, Yin Tongyue said the company was seeking to use the city as a launching pad into the global market. Chery, based in Wuhu in eastern Anhui province, has filed its intention to list on the Hong Kong stock exchange. “We hope to have more...

Politics

6 h. ago Japan weighs tightening rules on visa popular among Chinese nationals

Japan is considering increasing the minimum investment threshold for its business manager visa in a bid to make it harder for foreigners to obtain residence status and launch commercial operations in the country, as the scheme becomes increasingly popular with Chinese nationals. The visa, which offers relatively accessible entry for foreign entrepreneurs, permits stays of up to five years for those who either invest 5 million yen (US$34,711) or hire two full-time employees while maintaining an...

Politics

10 h. ago Beijing’s ties with Moscow and Kyiv should be leveraged for peace

The International Organisation for Mediation launched in Hong Kong late last month, counting 32 countries as founding signatories. An institution designed to supplement and actualise Article 33 of the United Nations Charter is something the world increasingly needs as Russia’s invasion of Ukraine drags into its fourth year. Recent peace talks in Istanbul produced no appreciable progress, while swings on the battlefield have long since given way to a grinding impasse. Neither side appears capable...

Politics

12 h. ago Trump crackdown on international students affects far more schools than Harvard

US President Donald Trump’s proclamation last week that he would bar Harvard University from enrolling new international students put the spotlight back on an unprecedented stand-off between the White House and America’s pre-eminent university. Trump’s move came less than a week after a federal court injunction blocked the US Department of Homeland Security’s termination of Harvard’s ability to host international students. It was also just hours after the administration threatened Columbia...

Politics

12 h. ago Stocks dip despite Trump’s notice of ‘DONE’ deal with China and better

Stocks dip despite Trump’s notice of ‘DONE’ deal with China and better-than-expected inflation data  Fortune

Politics

18 h. ago Stock market comeback pauses despite tame inflation data, China

Stock market comeback pauses despite tame inflation data, China-U.S. trade framework: Live updates  CNBC

Economics

20 h. ago Hong Kong Red Cross tightens blood donor rules for recent inmates

The Hong Kong Red Cross has banned anyone who has been locked up for 72 hours or more in the past 12 months from donating blood for a year, citing the risk of infections such as hepatitis C and HIV. The Hong Kong Red Cross Blood Transfusion Service said on Wednesday the guidelines had been revised based on suggestions made by the internationally recognised certification bodies that conducted a review of the centre last year. A spokeswoman for the service, which is operated by the Hospital...

Events

21 h. ago China ‘respects Panama Canal neutrality’ as CK Hutchison ports deal looms

China’s foreign ministry has said it respects Panama’s sovereignty and recognises its canal as a neutral international waterway, after the head of the strategic channel warned that the CK Hutchison ports deal could jeopardise its impartiality. Panama Canal Authority administrator Ricaurte Vasquez said in an interview published on Tuesday that the US$23 billion deal between CK Hutchison Holdings and a consortium led by BlackRock and MSC could result in a concentration of operators that would be...

Politics

21 h. ago China ‘respects Panama Canal neutrality’ amid warning over CK Hutchison deal

China’s foreign ministry has said it respects Panama’s sovereignty and recognises its canal as a neutral international waterway, after the head of the strategic channel warned that the CK Hutchison ports deal could jeopardise its impartiality. Panama Canal Authority administrator Ricaurte Vasquez said in an interview published on Tuesday that CK Hutchison Holdings’ US$23 billion deal to sell its overseas ports to a consortium led by US investment giant BlackRock and shipping firm MSC could...

Events

24 h. ago How Hong Kong’s pilot disease scheme can help save HK$2.7 billion in expenses

An ongoing pilot scheme for chronic disease screening could help save HK$2.7 billion (US$344 million) in medical expenses if 200,000 people join, Hong Kong authorities have said, with hepatitis B set to be included later. The Health Bureau said on Tuesday that the project would turn into a co-care “platform” and cover more diseases after the end of the three-year pilot arrangement. The Chronic Disease Co-Care Pilot Scheme was launched in November 2023. According to a paper submitted by the...

Economics

26 h. ago Game on for Hong Kong economy as Kai Tak Stadium proves to be a roaring success

Hong Kong should capitalise on the success of the Asian Cup qualifier at Kai Tak Stadium on Tuesday night by maximising the potential of the venue and engagement with business sectors to boost the economy, according to analysts. A total of 42,570 football fans witnessed Hong Kong’s 1-0 victory over India, packing the stands with a sea of red and roaring chants as the team hosted an international match for the first time at the new stadium. Vincent Cheng Wing-shun, vice-chairman of the major...

Sport

27 h. ago Fans of Malaysia’s Rafizi face police probes as internal party feud intensifies

A feud within Malaysia’s ruling party has intensified after supporters of former People’s Justice Party (PKR) deputy president Rafizi Ramli alleged they were targeted by the police over social media posts about last month’s party elections. Rafizi, who served as deputy to Prime Minister Anwar Ibrahim within the party, lost his post in the May 23 internal election to Anwar’s daughter, Nurul Izzah. Her elevation fuelled accusations of growing nepotism in the party, which is helmed by her...

Events

28 h. ago Hong Kong girl, 17, rescued from fire likely caused by power bank

A 17-year-old Hong Kong girl was rescued on Wednesday after a fire, believed to have been caused by a power bank, broke out in a flat in Tsuen Wan. Fire Services received a report at 7.59am that smoke had been seen coming out from the flat at Hoi Kwai Mansion of Riviera Gardens. Firefighters then broke into the flat and saved the girl, who was sent to Yan Chai Hospital in Tsuen Wan for smoke inhalation. The Fire Services Department said the fire, suspected to have been triggered by a power bank,...

Events

30 h. ago Futures: U.S., China Hail Trade 'Framework'; Inflation Data Due

Futures: U.S., China Hail Trade 'Framework'; Inflation Data Due  Investor's Business Daily

Economics

32 h. ago Chinese EV battery maker Eve Energy jumps on Hong Kong IPO bandwagon

Eve Energy, China’s fifth-largest producer of electric vehicle (EV) batteries, plans to raise fresh capital on the Hong Kong stock exchange, following the lead of its bigger rival Contemporary Amperex Technology (CATL) as international investors show a growing appetite for the country’s industrial gems. The Shenzhen-listed company said on Tuesday that its board had endorsed a fundraising plan aimed at bolstering its international expansion, but details about the share offering were still in the...

Science

33 h. ago Hong Kong must ‘seize opportunities’ to attract talent amid US student visa woes

Hong Kong should capitalise on the opportunities arising from US-China tensions to attract more talent to its academic and tech sectors, heads of the city’s top medical schools have said, ahead of a visit to the world’s largest biotechnology event in Boston. Representatives from the medical faculties of the University of Hong Kong (HKU) and the Chinese University of Hong Kong (CUHK) will join the delegation of the government-funded Hong Kong Science and Technology Parks Corporation (HKSTP)...

Politics

38 h. ago S&P 500 Gains on Trade Hopes Before Inflation Data: Markets Wrap

S&P 500 Gains on Trade Hopes Before Inflation Data: Markets Wrap  Bloomberg

Economics