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Huawei Technologies has launched its first artificial intelligence glasses, as the Shenzhen-based tech giant joins an intensifying battle with US leader Meta and domestic peers including Alibaba Group Holding and Rokid in smart eyewear. Priced from 2,499 yuan (US$367), the new eyewear weighed just 35.5 grams and featured various AI functions ranging from voice interaction to payments, according to a launch event on Monday. Powered by Huawei's self-developed chip designed for eyewear, the glasses......

Chinese Big Tech firms from Huawei Technologies' spin-off Honor to Alibaba Group Holding are moving to the forefront of the country's robotics push as Beijing seeks to spur growth in the sector. Honor, which separated from Huawei in 2020 to focus on smartphones and wearables and only expanded into robotics last year, emerged as the surprise gold medal winner at the second Beijing humanoid half-marathon on Sunday, besting the country's robotics darlings from Unitree to X-Humanoid. Its Lightning......

Hong Kong's MTR Corporation said on Monday that it had received eight bids for a commercial and residential development at one of the critical hubs in the Northern Metropolis, a large-scale project that aims to bolster the city's economic base and foster closer integration with the Greater Bay Area. The number of bids for the Kam Sheung Road Station Phase Two property development exceeded expectations, indicating developers' interest in the Northern Metropolis project, according to analysts. The......

Chow Yun-fat, the legendary Hong Kong actor, has sold a Mid-Levels flat after more than three decades, securing a roughly 91 per cent gain, as the city's secondary housing market continues to strengthen. The 541 sq ft, three-bedroom flat in Corona Tower fetched HK$7.5 million (US$960,000), or HK$13,863 per square foot. The sale agreement was signed on February 11 and the transaction was registered on March 11, according to Land Registry records. The deal generated a gain of HK$3.58 million......

ByteDance, the parent company of TikTok and Douyin, saw its net profit plummet by more than 70 per cent in 2025 as it poured money into artificial intelligence, according to Chinese media reports. At the same time, revenue from overseas markets surged by nearly 50 per cent, far outpacing the roughly 20 per cent growth in China, according to reports on Monday by outlets including Securities Times and 36Kr, which cited a person familiar with the matter. For the first time, overseas revenue......

Hong Kong has signalled its ambitions for greater global influence in the digital asset industry, with a lawmaker taking a subtle swipe at US crypto regulatory efforts at one of the city's largest Web3-themed events. “We can be a little bit more aspirational now that we have a strong hold locally,” said Eric Yip Chee-hang, executive director of intermediaries at the Securities and Futures Commission (SFC). “We should also expand our influence by [increasing] exposure internationally.” Hong Kong......

Hong Kong stands to benefit from a potential reallocation of global capital as geopolitical tensions push investors to seek safer and more resilient markets, according to the Financial Services Development Council (FSDC), a government think tank. Speaking at a media round table on Tuesday, FSDC chairman Benjamin Hung Pi-cheng said the prolonged conflict involving the US, Israel and Iran had reinforced a global environment of “turbulence and volatility”, prompting investors to reassess where to......

China's gaming industry is enjoying sustained growth – at home and abroad – in recent years. The nation's domestic market – the world's largest by revenue – generated sales income last year of more than 350 billion yuan (US$50.7 billion) – a 7.68 per cent year‑on‑year growth, the “Annual Report on the Development of the Digital Gaming Industry in China 2025”, published by the China Audio‑Video and Digital Publishing Association, said. The number of gamers in the country also rose by 1.35 per......

A Hong Kong whisky investment firm is seeking to raise up to US$50 million for its second private equity-style fund, pitching the spirit as a hedge in volatile markets despite a slump in prices across the industry. Rickesh Kishnani, co-founder and chairman of Rare Whisky Holdings, said whisky had been gaining traction among wealthy investors seeking alternatives to traditional safe havens. “This is the market where people turn to gold, but we've seen even gold not hold up in terms of......

[The content of this article has been produced by our advertising partner.] AWS recently partnered with Harvard Business Review Analytic Services to understand the current state of agentic AI in organisations.1 The results were exciting and informative: While expectations are high, the path to value at scale has yet to be discovered. Outlined below is what we found creates the gap between appreciating AI's importance and using it effectively. The market for AI is exploding, with investments......

Orient Securities' buyout of a smaller rival to create a new entity with at least 580 billion yuan (US$85 billion) in assets is a sign that the government-led consolidation of the brokerage industry is deepening, underscoring Beijing's determination to cultivate bigger investment banks to take on global rivals. In an exchange statement on Sunday night, Orient Securities said it planned to acquire 100 per cent of Shanghai Securities through the sale of new shares and cash, without disclosing the......

Hesai Group, the world's largest maker of vehicle lidar sensors, introduced technology it said would raise autonomous driving features to a new level by detecting colour to improve the reliability of object identification. The Shanghai-based maker of light ­detection and ranging ­sensors said its 6D full-colour platform would deliver lidar sensors with world-leading capabilities in ranging and small-target identification. 6D refers to the sensors' ability to detect the X, Y and Z coordinates of......

The US-Israeli war on Iran has unleashed sharp swings across global energy and financial markets, fuelling demand for safe-haven assets, with Hong Kong emerging as a potential beneficiary across gold, property and capital markets. In the third of a three-part series, we look at Hong Kong's position as a stable base where demand for property has held firm despite the global turmoil. The seven-week military conflict in the Middle East will redefine Hong Kong's role as a global financial centre,......

Hong Kong-headquartered Toys 'R' Us Asia has pivoted to an experience-focused format and smaller stores in the city following an expansion programme that sought to increase its outlets as it navigates the changing retail landscape. The group planned to close the year with 20 stores in Hong Kong, representing a 40 per cent rise from 2025, said Leo Tsoi, CEO of the toys and collectibles retailer. The strategy allows the group to be more nimble and adapt to the demographic shift, as toys and......

Global retail investors have pulled back into cash amid uncertainties from Middle East conflicts, while high-net-worth clients have continued to pursue investment opportunities in Asia and alternative assets, according to the CEO of Schroders. “What we saw in March was a reversal of the trend that we had seen at the end of 2025 and in January and February, when people increased their interest in investing in stocks,” said Richard Oldfield, global CEO of Schroders. “What really happened in March......

[The content of this article has been produced by our advertising partner.] As global markets enter a decade shaped by geopolitical fragmentation, regulatory divergence and volatile capital flows, the ability to act with financial clarity in real time is a crucial advantage. Companies are increasingly global from day one—hiring talent worldwide, sourcing across borders and selling into multiple markets—yet many are still stuck with siloed legacy financial systems built for a slower era. Across......

[The content of this article has been produced by our advertising partner.] In a world defined by constant change, Stephen A. Schwarzman, Chairman, CEO, and Co-Founder of Blackstone, has spent four decades building an institution designed to perform across cycles. In this conversation, he reflects on Blackstone's rise to the world's largest alternative asset manager, the culture that shaped the firm, and the opportunities he sees in private markets, Artificial Intelligence (AI), and Asia. Today,......

Hong Kong homebuyers' strong demand for new flats extended a streak of brisk sales for developers with one project selling out in a single day, underscoring the city's broader recovery in housing prices. All 88 units at the Pavilia Farm III project by New World Development and MTR Corporation in Sha Tin were sold on Saturday, prompting the developers to put 75 more flats on sale later that night. Elsewhere in Kai Tak, 133 units of KT Marina II were snapped up over the weekend, according to......

“State-of-the-art” (Sota) artificial intelligence models excel at solving complex Olympiad maths but still struggle with everyday enterprise tasks, according to an executive from a top AI unicorn in the US. David Meyer, senior vice-president of product at US data processing and analysis company Databricks, told the South China Morning Post in a recent interview that the very traits making models state-of-the-art could cause issues in basic office work. For instance, when tasked with identifying......

Chinese biomedical companies deploying cutting-edge technologies are emerging as serious competitors to Western dominance in the race to treat Parkinson's disease, in a market that could reach US$16 billion over the next decade. The firms are developing a range of approaches – from autologous cell therapies made from a patient's own cells and ready-made cell products to gene therapies and non-invasive ultrasounds – although many of these candidates are still in early-stage trials. Many patients......