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29.03.26 - 18:00
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From lab to global markets: HKSTP leads Hong Kong′s rise as a biotech powerhouse (SCMP)
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Aging populations, shifting lifestyles and persistent stress are driving a global surge in debilitating chronic diseases – creating vast unmet medical needs and mounting social and economic pressures. In Hong Kong, a new generation of biotech innovators is racing to respond, powered by strong government support, forwardlooking policies and worldclass medical institutions. This momentum has rapidly elevated the city into......
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29.03.26 - 13:30
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China biotech deals hit record as innovative drugs draw interest of multinationals (SCMP)
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The cross-border outlicensing activities of Chinese biotech firms reached a record transaction value of US$60 billion in the first quarter of 2026, driven by multinational pharmaceutical companies' growing appetite for the country's promising drug candidates.
The deal value represented a 73 per cent jump from the same period a year earlier, and accounted for nearly half of the total US$135.7 billion worth of agreements signed throughout 2025, the National Medical Products Administration (NMPA)......
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29.03.26 - 12:00
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Chinese analogue chipmakers join wave of global price rises as mature-node firms eye gains (SCMP)
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A string of Chinese analogue chipmakers have announced price increases in step with their international peers, as a broader pricing wave sweeps across the semiconductor supply chain – a shift that analysts say could hand China's mature-node producers a rare window to gain ground.
Novosense Microelectronics, SG Micro, Fortior Technology, Halo Microelectronics, Silan Micro and Kiwi Instruments are among the domestic firms recently raising prices, in line with global leaders including Texas......
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29.03.26 - 11:06
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ByteDance bolsters Seedance 2.0 with watermarking, IP safeguards ahead of global roll-out (SCMP)
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ByteDance has bolstered its controversial video-generation model Seedance 2.0 with “advanced” watermarking and intellectual property (IP) protection guardrails ahead of its global roll-out, the TikTok owner has said.
The much-anticipated international release comes amid intense scrutiny from Hollywood studios over alleged IP theft after numerous Seedance-generated videos featuring famous Hollywood actors and characters went viral in February.
On Wednesday, ByteDance said its global safety and......
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29.03.26 - 09:36
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Hong Kong′s ageing challenge: is Singapore′s Kampung Admiralty model the answer? (SCMP)
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Hongkongers Oscar and Stella Chan, a couple in their late 60s, have little interest in moving into a traditional residential care home.
The retired civil servants rent a flat in Ma On Shan in the New Territories and, while they acknowledge that ageing at home is not always “as straightforward as it sounds”, they believe conventional care homes can “feel restrictive”.
“If my financial situation and health allow, I would much prefer not to stay in a residential care home for the elderly,” Oscar......
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29.03.26 - 08:06
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Rising second-hand home sales offer tentative signs of a floor in China′s property slump (SCMP)
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Transactions of pre-owned homes in major Chinese cities led by Shanghai surged in March, fuelling expectations that the country's embattled property sector may be stabilising.
Analysts and brokers said a more active resale market pointed to a gradual return of confidence among homebuyers after a three-year downturn.
In Shanghai, about 22,000 second-hand homes changed hands between March 1 and 23, up 170 per cent from the same period a month earlier, according to data from local financial outlet......
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29.03.26 - 03:36
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As geopolitical tensions rise, Middle Eastern money and travellers pivot to Hong Kong (SCMP)
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From luxury hotels to investment, Hong Kong is drawing Middle Eastern money as geopolitical tensions reshape travel and capital flows.
Hoteliers said they were seeing a growing number of visitors from the region, many of whom were staying longer than typical guests. At the same time, investors are increasingly exploring opportunities in the city as they look to diversify their portfolios.
“In Hong Kong, we have seen a recent increase in guest arrivals from the Middle East, and they tend to stay......
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29.03.26 - 01:00
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South Korean chip giants step up China investments to combat global AI memory shortage (SCMP)
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Samsung Electronics and SK Hynix are stepping up investments in their China wafer fabs as they race to boost supply amid a tightening memory chip market driven by demand for artificial intelligence computing, underscoring China's continued role in semiconductor production despite US restrictions.
Samsung Electronics invested 465.4 billion won (US$308.8 million) in its Xian chip plant in 2025, a 67.5 per cent increase from a year earlier, according to an annual report filed with South Korea's......
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28.03.26 - 22:30
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AI infrastructure on the front line: Lessons for Asean from the Iran war (SCMP)
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On March 1, after Israel and the United States initiated attacks against Iran, Amazon Web Services reported drone strikes against data centre facilities in the United Arab Emirates and Bahrain. The strikes caused structural damage to the company's infrastructure, impairing cloud services for those countries.
Iran warned that US tech companies with Israeli links, including Google, Microsoft, Palantir, Nvidia and Oracle, were on Tehran's list of “legitimate targets” for countermeasures.
Strikes on......
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28.03.26 - 14:06
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Alibaba to deploy AI ′digital workforce′ for millions of merchants on Taobao, Tmall (SCMP)
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Alibaba Group Holding is set to launch a new service that provides AI agents for millions of merchants on its Taobao and Tmall platforms, as the tech giant capitalises on the recent frenzy fuelled by OpenClaw to secure its lead in e-commerce.
The new feature, slated for release by the end of March, will provide agentic AI services based on its merchant tool Business Advisor, aiming to give them a 24/7 autonomous “digital workforce” that can automate operation processes including offering......
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28.03.26 - 10:42
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Hung Hom flats sell out as Hong Kong homebuyers brush aside Middle East risks (SCMP)
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Homebuyers continued to signal confidence in Hong Kong's residential market on Saturday, brushing off global economic risks tied to the Middle East conflict and expectations of slower interest rate cuts, as a new project by Henderson Land Development sold out within hours.
All 123 units at Chester, the fifth phase of the Midtown South redevelopment in Hung Hom, were snapped up, according to property agents.
“About 60 per cent of buyers are end users while about 40 per cent are investors and......
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28.03.26 - 05:06
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As China′s property downturn grinds on, foreign suppliers strive to adapt (SCMP)
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As China's property downturn drags on, foreign companies in downstream industries are revamping their business models to cope with a decline in new construction projects, but the country's stable policy environment is helping to ease the transition, according to an executive at a leading US supplier.
Lift giant Otis is looking for new growth momentum in China's government-led urban renewal drive, which includes a push to install or upgrade lift systems in ageing apartment buildings, said Judy......
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28.03.26 - 04:30
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HKIC chief sees growing opportunities in cutting-edge tech across China and Hong Kong (SCMP)
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Investment opportunities in cutting-edge technologies are increasingly concentrated in mainland China and Hong Kong, according to Clara Chan Ka-chai, CEO of the Hong Kong Investment Corporation (HKIC).
As the Hong Kong government's investment arm, the HKIC aimed to play a stronger role in attracting capital into high-potential projects and scaling investments through broader funding participation, Chan said during a panel session at the Boao Forum for Asia on Friday.
Founded in 2022, the HKIC......
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28.03.26 - 03:06
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How China′s EV makers think they can outrun disastrous price wars (SCMP)
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The era of price wars in China's electric vehicle (EV) market is giving way to a new contest: who can deliver better technology at the same price.
On a cloudy evening in March, Shenzhen-based BYD put forward its answer with the unveiling of a battery capable of charging from 10 to 70 per cent in just five minutes – and to 97 per cent in nine minutes. The company said it would apply the technology to models priced as low as 155,000 yuan (US$22,500) while building 20,000 charging stations this......
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27.03.26 - 15:06
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BYD′s four-year profit run ends, eyes global markets as next engine of growth (SCMP)
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China's electric vehicle (EV) king BYD posted its first annual profit drop in four years as it faced intensifying competition from domestic rivals in a cutthroat market.
The Shenzhen-based company reported a net profit of 32.6 billion yuan (US$4.72 billion) for 2025, down 18.97 per cent from a year earlier, according to a filing to the Hong Kong and Shenzhen stock exchanges. That missed a consensus forecast of 35.4 billion yuan in a Bloomberg survey of analysts.
Revenue grew 3.46 per cent to......
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27.03.26 - 14:36
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China′s tech self-sufficiency drive reaches new milestone with powerful RISC-V chips (SCMP)
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China's ambition to cut its reliance on foreign semiconductor technology achieved a notable milestone this week, with the launch of two powerful chips based on the open-source RISC-V architecture.
Xiangshan, a high-performance processor unveiled by the Chinese Academy of Sciences (CAS) at the Zhongguancun Forum in Beijing on Thursday, is the latest effort to push the boundaries with RISC-V architecture.
With the central processing unit (CPU) core achieving a score of 16.5 points/GHz under SPEC......
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27.03.26 - 14:06
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Pain at the pump fuels EV rush in China, driving a timely boost for carmakers (SCMP)
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Rising fuel costs triggered by the Middle East crisis are emerging as an unexpected tailwind for China's electric vehicle (EV) makers, as consumers increasingly pivot towards battery-powered cars to avoid surging petrol bills.
With Brent crude climbing past the psychologically significant US$100-a-barrel mark – and now trading above US$110 – mainland buyers are turning away from petrol vehicles, according to dealers and analysts.
“It's a no-brainer for me now,” said Wang Wenbo, a 25-year-old......
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27.03.26 - 13:36
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OpenClaw effect: explosion in AI token use adds fuel to Chinese AI development (SCMP)
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The recent nationwide frenzy to adopt OpenClaw, an open-source artificial intelligence agent, has pushed token use to new levels and given fresh momentum to China's booming AI sector, according to industry experts at a state-backed conference on Friday.
“Since late January token consumption [on my company's platform] has been doubling every two weeks, and by now it has increased roughly tenfold,” said Xia Lixue, co-founder and CEO at Infinigence, a Beijing-based AI computing service provider,......
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27.03.26 - 13:36
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Top US AI conference apologises after sanctions policy sparks backlash in China (SCMP)
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The organisers of a leading artificial intelligence conference have apologised after a new policy that appeared to bar US-sanctioned entities from participating sparked a backlash in China, saying the ban was more limited than initially indicated.
The apology came after several major Chinese professional bodies urged domestic researchers to boycott the event, amid concerns that prominent tech groups such as Huawei Technologies would be excluded.
In a statement on Friday, the Conference on Neural......
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27.03.26 - 12:36
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Hong Kong developers test market with 222 units released amid interest rate uncertainty (SCMP)
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Hong Kong developers on Friday released 222 new flats in Kowloon, the city's largest batch of units on a single day since buyers were warned about the uncertain direction of interest rates.
K&K Property launched 122 one-bedroom units at foto+, a single residential tower in Mong Kok close to Olympic station, while Wang On Properties put 100 units up for sale at the Connext project in Wong Tai Sin.
By 7pm Friday, 103 of the foto+ units had found buyers, and seven Connext flat were taken, according......
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