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The Securities and Futures Commission (SFC) has granted initial approval to 11 crypto­currency exchanges to continue operating in the city, in the first step towards awarding the first virtual asset [...]

In the 18 months since Microsoft Corporation-backed OpenAI launched ChatGPT, Chinese technology firms large and small have rallied around a singular goal – besting the San Francisco-based start-up with their [...]

Richard Liu Qiangdong, the ­billionaire founder of ­e-commerce giant JD.com, has said the ­company has no place for ­unproductive staff and threatened to lay them off, as competition heats up [...]

Alibaba Group Holding’s global shopping platform AliExpress has signed up English football star David Beckham as its global brand ambassador, as the Chinese e-commerce giant strengthened efforts to boost its [...]

Chinese artificial intelligence (AI) start-up Baichuan said the fourth iteration of its namesake Baichuan 4 model, unveiled yesterday in Beijing, is the most advanced large language model (LLM) launched by [...]

Chinese artificial intelligence (AI) start-up Moonshot AI is in talks with investors for additional financing that would value it at more than US$3 billion, making it the highest-valued start-up of [...]

JD.com yesterday beat analysts’ estimates to report a 7 per cent increase in first-quarter sales, nearly a year after the Chinese e-commerce giant doubled down on a strategy to support [...]

Chinese e-commerce giant JD.com is investing more than 6.5 billion yuan (HK$7 billion) in its partners to bolster this year’s nationwide trade-in programme for home appliances and consumer goods, part [...]

Alibaba Group Holding reported its most profitable financial year since 2021, with revenue beating analysts’ forecasts, signalling the technology giant is back on a growth path as it refocuses on [...]

Signs of improvement in earnings statements by Alibaba Group Holding and Tencent Holdings, two of the nation’s largest technology firms, are being taken as a harbinger of a brighter overall [...]

A German court has ordered a sales ban on certain products from Chinese personal computer maker Lenovo Group and its ­smartphone subsidiary, Motorola, over a patent licensing dispute with US [...]

Alibaba Group Holding says its self-developed large language models have been adopted by more than 90,000 corporate clients, as the technology giant competes against rivals to draw users to its [...]

Chinese flying taxi maker EHang completed the first autonomous passenger-carrying flight in the Middle East, the company has said, as it moves to expand in the region. The EH216-S, EHang’s [...]

The government of Hangzhou, the capital of Zhejiang province, is looking to help step up China’s autonomous transport ambitions by opening its main urban areas to self-driving vehicles from May [...]

China has come up with its own text-to-video artificial-intelligence (AI) tool similar to OpenAI’s Sora, although the new model can only produce videos no longer than 16 seconds, compared with [...]

Beijing’s municipal government has unveiled a scheme to ­subsidise local enterprises’ acquisition of Chinese-made semiconductors to bolster the city’s computing resources, as the nation pushes forward its artificial intelligence (AI) [...]

Chinese electric-vehicle (EV) maker Nio yesterday launched a new edition of its upscale smart car, the Nio 2024 ET 7, hoping to lure high-end consumers amid an escalating price war [...]

Tencent Holdings is pushing for the wide adoption of its smart mobility solution powered by artificial intelligence (AI), to help speed up the manufacture of next-generation smart cars in the [...]

Henan province, home to the world’s largest iPhone ­manufacturing complex, reported a 60 per cent year-on-year drop in smartphone exports in the first quarter, showing the impact of Apple’s moves [...]

Alibaba Group Holding is eyeing its first investment in South Korea’s e-commerce sector, according to a local media report, as the Chinese online shopping giant steps up its overseas ­expansion [...]

Apple added eight mainland ­suppliers and removed four ­others during the financial year to the end of September, the first time since 2021 the US tech giant introduced more suppliers [...]

Chinese tech firms Alibaba Group Holding and Baidu have rushed to add support for Meta’s Llama 3 large language model (LLM) to their cloud computing ­platforms, after the technology used [...]

The online retail market expanded in the first quarter led by rebounds in sectors such as travel as well as robust cross-border e-commerce trade, the commerce ministry said. Sales for [...]

Chinese smartphone vendor OnePlus faces more disruption at its operations in India, as another major domestic retail industry group is considering a halt to sales of its products in the [...]

A group of artificial intelligence (AI) start-ups are emerging as China’s best hopes for reaching the frontier of ChatGPT-like technology, as they draw ­increasing attention from users and investors. Among [...]

Chinese government officials yesterday trumpeted the ­country’s progress in shaping digital ­development models for Belt and Road Initiative member states, taking aim at US policies amid intensifying rivalry with the [...]

China’s tech champions, ­including online shopping giant Alibaba Group Holding and fast-fashion platform Shein, played an important role in facilitating cross-­border ­e-commerce, mainland officials said at a forum promoting Beijing’s [...]

Smartphone brand OnePlus is facing multiple grievances against its India operations, from profit margins to warranty and service claims, in another sign of troubles for Chinese brands in the world’s [...]

China last year bred an average of one new unicorn each week amid frenzied growth in the ­country’s artificial intelligence (AI) sector, bucking a declining trend in global venture capital [...]

Chinese walkie-talkie maker Hytera is appealing against US sanctions that bar it from selling two-way radio products globally as part of a years-long trade secret dispute with Lenovo-backed US smartphone [...]

Alibaba Group Holding’s inter­national e-commerce platform, AliExpress, is betting on a Euro­pean market breakthrough by sponsoring this year’s Euro­pean Football Championship, or Euro 2024, a move that comes after rival [...]

China will host a forum next month to promote its digital-economy growth model and facilitate the development of digital infrastructure in partner nations of its Belt and Road Initiative strategy [...]