15 m. ago Chinese EV maker Li Auto unveils industry’s cheapest AI glasses at US$282

Chinese electric vehicle maker Li Auto has launched its first wearable product, the Livis artificial intelligence glasses, marking a bold foray into the rapidly expanding market already crowded by tech giants like Alibaba Group Holding, Huawei Technologies and Xiaomi. The device is priced at 1,999 yuan (US$282), but buyers who place an order before December 31 qualify for a 15 per cent rebate via the government-backed subsidy programme, bringing down the price to 1,699 yuan. That effectively...

Politics

5 h. ago Repression of religion in China more subtle and pervasive, report says

Repression of religion in China more subtle and pervasive, report says  www.christiandaily.com

Politics

10 h. ago Huawei’s founder makes subtle dig at lofty pursuits in AI by the US

The United States and China are pursuing artificial intelligence in “different directions”, and the divergence is being reflected in the strategies that the governments and companies are adopting, according to the founder of one of the world’s largest technology investors. The US is focusing on supercomputing power and large models in the lofty pursuit of artificial general intelligence (AGI) and artificial superintelligence (ASI), while China was adopting a more practical approach, using AI to...

Politics

11 h. ago BYD founder bets on new tech to win back customers as sales decelerate

BYD, China’s electric vehicle (EV) king, is pinning its hopes on next-generation technology to engineer a turnaround in sales amid fierce competition in the world’s largest automotive market, according to its founder and chairman Wang Chuanfu. Speaking at a shareholders’ meeting in Shenzhen on Friday, the billionaire said the company’s 12,000 engineers – the backbone of the carmaker – would help it regain a technological edge over rivals. “We have heavyweight new technology in the pipeline,” he...

Economics

14 h. ago Moore Threads aspires to become ‘leading global player’ in AI chips after IPO

Moore Threads, a five-year-old graphics processing unit (GPU) developer created by Nvidia’s former China chief, aspires to become one of the leading global players in artificial intelligence chip development, its founder and CEO Zhang Jianzhong said. Zhang, Nvidia’s China general manager from 2006 to 2020, was quoted as saying by the official Shanghai Securities Journal that the start-up would introduce a new-generation chip each year to provide key hardware for China’s AI development. “Our goal...

Politics

38 h. ago Mainland China’s billionaire count surges as BYD and Mixue bosses power gains

Mainland China’s billionaires have tightened their grip as Asia-Pacific’s wealthiest after their combined fortunes swelled to nearly US$1.8 trillion, with electric-vehicle (EV) maker BYD’s founder Wang Chuanfu and bubble tea chain Mixue’s bosses among the biggest drivers of that growth, according to a UBS report. Backed by a booming tech sector and surging asset prices, the wealth of mainland China’s billionaires jumped 22.2 per cent year on year to US$1.77 trillion in the 12 months to early...

Economics

47 h. ago Nvidia CEO talks China's importance, how 'formidable' Huawei is

Nvidia CEO talks China's importance, how 'formidable' Huawei is  Yahoo Finance

Politics

47 h. ago Guangdong touts Huawei chips and HarmonyOS to outrun the DeepSeek eclipse

Guangdong has named Huawei Technologies’ artificial intelligence chips and HarmonyOS operating system as flagship achievements in China’s drive for technological self-sufficiency. The push by China’s wealthiest province – whose gross domestic product is larger than that of South Korea – to highlight home-grown innovation came as local governments faced mounting peer pressure to support Beijing’s strategic goals. Guangdong, which includes the tech hub of Shenzhen, suffered a bruised ego earlier...

Politics

2 d. ago Hong Kong man, 87, with dementia found dead 9 days after going missing

An elderly Hong Kong man with dementia who had been missing for nine days was found dead in the countryside by volunteer search teams. Leung Woon-yew, 87, a resident of Tai Hing Estate in Tuen Mun, was discovered in a bushy area near the top of Por Lo Shan at 12.40pm on Tuesday by the Voluntary Mount Search Team and Countryside Volunteer Search Team, according to Anson Cheng, founder of the Hong Kong Guardians volunteer rescue group. The groups had joined the search with authorities from the...

Events

3 d. ago AirAsia boss says ‘bizarre’ Airbus glitch a ‘good warning’ to industry

AirAsia Aviation Group, one of Airbus’ largest customers of single-aisle jets, says testing protocols for aircraft software need to be re-examined in the wake of the weekend glitch that required an urgent update. Tony Fernandes, the founder of the Southeast Asian carrier, said it was likely the software was not thoroughly tested. “It seems a bit bizarre, it is something it has to look at, it’s obvious it wasn’t tested,” Fernandes said in an interview on Tuesday. “I’m not an expert but it failed...

Events

4 d. ago Mainland Chinese miner Zijin’s founder who built US$100 billion firm retires

Mainland Chinese miner Zijin’s founder who built US$100 billion firm retires  South China Morning Post

Economics

5 d. ago China’s pursuit of stable growth at home is a gift of steadiness to the world

China’s pursuit of stable growth at home is a gift of steadiness to the world  Global Times

Politics

5 d. ago 👑 Apple Reclaims the Throne: Why the iPhone Overtook Huawei in China's Smartphone Market

👑 Apple Reclaims the Throne: Why the iPhone Overtook Huawei in China's Smartphone Market  vocal.media

Politics

6 d. ago ‘It is fake’: why US industry leader refused to believe China’s robot march clip

On November 14, Chinese robotics firm UBtech released footage showing hundreds of Walker S2 humanoid robots standing in precise formation inside a warehouse. The machines turned their heads in unison, waved their arms and marched into shipping containers – a scene so visually arresting it evoked sci-fi blockbusters like I, Robot. Brett Adcock, founder and CEO of leading US robotics company Figure, responded with disbelief. He immediately took to social media to suggest the footage was...

Politics

6 d. ago Hong Kong reaps the fruits of fintech seeds sown nearly 10 years ago

When Alvin Kwock, co-founder of digital insurer OneDegree, took part in the inaugural Hong Kong FinTech Week in November 2016, it was held at a venue suitable for only a few hundred people. “As it was the first ever fintech event in Hong Kong, only fintech start-ups were interested, no big financial institutions paid attention,” Kwock said. “People did not have a clear idea of fintech as it was still in an exploratory stage.” In the years since, fintech in Hong Kong has gone through a sea...

Politics

7 d. ago From Singapore to Malaysia, tech firms double down on AI despite bubble fears

As fears over the artificial intelligence bubble bursting linger in global markets, one Southeast Asian tech founder thinks it could be a much-needed reset to a crowded space. Dylan Tan, founder of replyr.ai, a Singapore-based start-up that creates customer service chatbots, said there was a disconnect between the investor hype driving up tech stocks and an understanding of how AI would transform the future of businesses. Replyr.ai was founded with venture capitalist funds in 2023. “Everything...

Politics

7 d. ago Exclusive: Huawei, ZTE seal 5G deals in Vietnam after US tariffs, as ties with China warm

Exclusive: Huawei, ZTE seal 5G deals in Vietnam after US tariffs, as ties with China warm   Reuters

Economics

8 d. ago Jack Ma Foundation pledges US$4 million for Hong Kong fire victims

The Jack Ma Foundation said on Thursday it would donate HK$30 million (US$3.9 million) to support families, firefighters and rescuers affected by a deadly fire at a housing estate in Hong Kong’s Tai Po district. In a statement, the foundation – established by the founder of Alibaba Group Holding and Ant Group – expressed solidarity with all those affected by the tragedy. Alibaba owns the South China Morning Post. The donation follows a further commitment of HK$20 million from Alibaba and HK$10...

Events

8 d. ago Japanese craft festival in Hong Kong to proceed despite geopolitical tensions

The organiser of a private cultural festival celebrating Japanese craftsmanship said it would go ahead with the event in Hong Kong next month, despite feeling under pressure as friends voiced concerns about possible fallout from the ongoing Sino-Japanese row. Theresa Ting, co-founder of the Japanese cultural festival “A Journey into Japanese Craft Aesthetics”, said no organisations or institutions had so far requested the cancellation or postponement of the event. She stressed that the activity...

Politics

8 d. ago Elite success stories are cold comfort for disillusioned young workers

On the 32nd anniversary of New Oriental, a private Beijing-based education services provider, the company’s founder, Yu Minhong, wrote an internal letter to his staff about his trip to the South Pole. “I am standing in the icy world of Antarctica, surrounded by vast expanses of pure white, emerald-like icebergs and boundless tranquillity,” he wrote. “The glaciers shimmer with a captivating glow under the sunlight, as if to silently declare the power of time and the meaning of perseverance.” He...

Politics