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12.06.26 - 10:30
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Singaporean pays US$72m to join Richard Li, Pony Ma in Hong Kong′s most exclusive enclave (SCMP)
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A Singaporean buyer linked to an investment firm paid HK$562.6 million (US$72 million) for a historic mansion in Hong Kong's Shek O, gaining entry into one of the city's most exclusive residential communities where neighbours include PCCW chairman Richard Li Tzar-kai and Tencent Holdings CEO Pony Ma Huateng.
Land Registry records showed Jennifer Tzelee Teo bought 14 Shek O Road, known as The Round House, under a sale and purchase agreement signed on May 11. The house was long home to the family......
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04.06.26 - 13:00
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As US seeks to block Chinese carriers, Beijing opens telecoms pilots to foreign outfits (SCMP)
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China's decision to greenlight over 100 foreign-invested telecommunications entities to pilot value-added services (VAS) in the country could be a major boon for some multinationals, though its impact on the domestic market is likely to be limited, according to industry analysts.
The Ministry of Industry and Information Technology (MIIT) said on Wednesday that it had approved licences for 166 foreign companies since February last year, covering VAS sectors including internet data centres,......
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22.05.26 - 09:00
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Inside Fuyao Glass, the Chinese auto-part supplier whose head earned a seat by Elon Musk (SCMP)
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Inside Fuyao Glass Industry Group's sprawling new plant in eastern China's Anhui province, ranks of bright orange robotic arms and a fleet of automated carriers transport heavy, fragile panes of automotive glass through a production process that the company claims is 90 per cent automated.
The smart factory represents the technological blueprint for the Chinese manufacturing giant, which shot to fame as the subject of the 2019 Oscar-winning documentary American Factory. The company made waves......
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22.05.26 - 05:06
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China telcos launch token billing, AI inference goes mass-market (Digitimes)
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China's three major telecom operators introduced token-based billing plans in May as they packaged large-model inference resources into standardized products for consumers, developers, and enterprises, signaling a shift toward mass-market AI compute services. China Telecom rolled out a nationwide group-level token package on May 17 with tiered plans for individual and household users, developers, small and medium-sized enterprises, and ecosystem partners; its lowest-priced individual plan costs CNY9.9 (US$1.46) per month for access to 10 million tokens....
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20.05.26 - 12:30
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HKD2.2B Southbound Trading Net Inflow to SMIC (AAStocks)
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There was HKD2.2 billion, HKD1.6 billion and HKD798.4 million Southbound Trading net inflow to SMIC (00981.HK), CHINA MOBILE (00941.HK) and HUA HONG SEMI (01347.HK).There was HKD470.1 million, HKD168.3 million and HKD76.7 million Southbound Trading net outflow from GIGADEVICE (03986.HK), BABA-W (09988.HK) and 51WORLD (06651.HK).......
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18.05.26 - 10:12
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Forget cellular data: China′s telecoms giants are selling AI token plans (SCMP)
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For years, mobile carriers have billed users by the gigabyte. Now, China's telecoms giants are seeking to monetise the artificial intelligence boom by introducing a new unit of measurement to monthly bills: the AI token.
On Sunday, China Telecom unveiled nationwide, token-based pricing packages aimed at a range of customers – from casual users to developers and businesses – according to information listed on the company's app.
Consumer packages, tailored for everyday tasks, start at 9.9 yuan......
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