3 d. ago OpenAI expects another ‘seismic shock’ from China amid speculation of new DeepSeek release

The race between the US and China to dominate the world’s artificial intelligence industry has become “complex and challenging to forecast”, according to ChatGPT creator OpenAI. In a blog post this week, published ahead of the first anniversary of DeepSeek’s release of breakthrough reasoning model R1 on January 20, OpenAI said another “seismic shock” from China could be on the cards, as anticipation heightened about a potential new major release from the Hangzhou-based start-up around the Lunar...

Events

4 d. ago Chip designer GigaDevice surges 45% in Hong Kong debut amid China’s self

Mainland chip designer GigaDevice Semiconductor jumped more than 45 per cent on its first trading day in Hong Kong on Tuesday, as the Beijing-based firm’s debut catered to investor appetite for tech companies amid China’s push for self-reliance. The firm’s shares started trading at HK$235, versus the offer price of HK$162. Its shares closed between HK$224.20 and HK$226.80 on the grey market on Monday evening, helping some investors cash in gains of about 40 per cent before the official debut,...

Politics

4 d. ago Chip designer GigaDevice jumps 37% in Hong Kong debut amid China’s self

Mainland chip designer GigaDevice Semiconductor jumped more than 37 per cent on its first trading day in Hong Kong on Tuesday, as the Beijing-based firm’s debut catered to investor appetite for tech companies amid China’s push for self-reliance. The firm’s shares surged 45 per cent to HK$235 at the start of trading, versus the offer price of HK$162, before ending the day up 37.5 per cent at HK$222.80. The close valued the company at around HK$155.2 billion (US$19.9 billion). Its Shanghai-listed...

Politics

7 d. ago 'Hermès of durian': The luxury fruit cashing in on China's billion

'Hermès of durian': The luxury fruit cashing in on China's billion-dollar appetite  Yahoo! Finance Canada

Economics

9 d. ago Chairman of China's Blacklisted OpenAI Challenger Is A Billionaire

Chairman of China's Blacklisted OpenAI Challenger Is A Billionaire  Forbes

Politics

1 week ago OpenAI Challengers Test Appetite for China AI With Twin IPOs

OpenAI Challengers Test Appetite for China AI With Twin IPOs  Yahoo Finance

Politics

1 week ago OpenAI Challengers Test Appetite for Chinese AI With Twin Debuts

OpenAI Challengers Test Appetite for Chinese AI With Twin Debuts  Bloomberg.com

Politics

2 w. ago Small restaurants in China starve as consumers suppress spending appetite

Small restaurants in China starve as consumers suppress spending appetite  South China Morning Post

Politics

3 w. ago Wild goose chase? France works to rouse China’s appetite for pricey, imported foie gras

From luxury handbags to vintage Bordeaux, China’s consumers have long associated French products with fine living. Now, France aims to hook the country’s expanding middle class on another local speciality: foie gras. China placed tight restrictions on imports of the iconic French goose liver pate amid Europe’s bird flu epidemic, but there are signs that things could change, with Beijing recently vowing to get more produce “from French farms to Chinese tables”. Paris and Beijing also signed a...

Economics

3 w. ago Wild goose chase? France works to rouse China’s appetite for foie gras imports

Wild goose chase? France works to rouse China’s appetite for foie gras imports  South China Morning Post

Politics