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Will share buy-backs help Chinese big tech companies rescue battered valuations?
Jul 2, 2026

Will share buy-backs help Chinese big tech companies rescue battered valuations?

Chinese tech giants including Tencent Holdings, Alibaba Group Holding, Meituan, and Xiaomi have launched aggressive share buy-back programmes to revive investor confidence amid continuing scepticism t...

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China’s Kling AI nears US$3 billion round at US$18 billion valuation: sources
Jul 1, 2026

China’s Kling AI nears US$3 billion round at US$18 billion valuation: sources

Kuaishou-backed Kling AI is close to completing a US$3 billion fundraising round that would value the company at US$18 billion post-investment, according to people familiar with the matter, as competi...

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Nvidia to boost its China robotics team amid emergence of physical AI
Jun 30, 2026

Nvidia to boost its China robotics team amid emergence of physical AI

US chip giant Nvidia is ramping up a talent drive for its robotics team in China, a market whose vendors account for the lion’s share of global shipments. The Silicon Valley firm is recruiting for mor...

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After triggering price war, DeepSeek reverses course with surcharge on peak-hour API use
Jun 30, 2026

After triggering price war, DeepSeek reverses course with surcharge on peak-hour API use

Chinese artificial intelligence unicorn DeepSeek is introducing peak-hour surcharges for its API services, bucking a fierce domestic price war it helped start, in which rivals have been aggressively u...

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China’s cooling, e-commerce giants see sales surge as scorched Europe scrambles for relief
Jun 29, 2026

China’s cooling, e-commerce giants see sales surge as scorched Europe scrambles for relief

A heatwave sweeping across Europe has triggered a massive surge in sales for Chinese home appliances, with e-commerce giant Alibaba recording triple-digit growth for air conditioners and fans on its o...

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Chinese AI model’s bug-hunting prowess narrows gap to US
Jun 29, 2026

Chinese AI model’s bug-hunting prowess narrows gap to US

A Chinese artificial-intelligence (AI) model whose launch has been hailed as another “DeepSeek moment” can go toe-to-toe with US rival Anthropic’s powerful Mythos model on cybersecurity tasks, researc...

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Faster AI, lower costs: DSpark eases inference bottlenecks and chip strain, says DeepSeek
Jun 28, 2026

Faster AI, lower costs: DSpark eases inference bottlenecks and chip strain, says DeepSeek

Chinese artificial intelligence start-up DeepSeek has rolled out a major upgrade to its flagship V4 model aimed at sharply accelerating AI response generation, as competition among Chinese developers ...

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As China’s tech firms adapt to AI era, workers worry they’ll be ‘optimised’ out of a job
Jun 27, 2026

As China’s tech firms adapt to AI era, workers worry they’ll be ‘optimised’ out of a job

When a friend checked in on a Meituan employee late last month to see if he had survived the latest round of corporate culling at the food delivery giant, he responded drily: “I don’t know whether it ...

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‘Digital ID cards’: China moves to regulate AI agents with unified identity system
Jun 26, 2026

‘Digital ID cards’: China moves to regulate AI agents with unified identity system

China is establishing an identity system for artificial intelligence agents, as part of new national standards released on Friday to regulate the next frontier of autonomous technology. The State Admi...

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Apple price hikes may hit iPhone next as memory, storage costs soar: analysts
Jun 26, 2026

Apple price hikes may hit iPhone next as memory, storage costs soar: analysts

Apple’s sweeping price hikes on MacBooks and iPads, which wiped out US$260 billion of its market cap overnight, reflect a “seismic shock” the tech industry faces from rising memory and storage costs, ...

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