Fast Facts Blacklist Addition: Taiwan has added Huawei and SMIC, major Chinese chipmakers, to a trade blacklist amid escalating US-China…
Browsing: Asia
Top Highlights Stablecoin Licenses in Hong Kong: Ant International and Ant Digital plan to apply for stablecoin issuer licenses in…
Top Highlights Intensifying Competition: China’s AI market is experiencing increased rivalry, with major players like SenseTime and ByteDance enhancing their…
Top Highlights Deposit Reduction: ByteDance’s Douyin will cap merchant guarantee deposits at 5,000 yuan ($695), a significant decrease from the…
Quick Takeaways Leadership Engagement: Jack Ma responded to a resignation letter from a long-time employee, emphasizing his commitment to fostering…
Fast Facts Acquisition Announcement: Tencent Music Entertainment Group is acquiring audio content platform Ximalaya for approximately US$2.4 billion in cash…
Top Highlights Innovation Hub Goal: Hong Kong is actively seeking to establish itself as a key innovation hub by participating…
Top Highlights Major carmakers like Volkswagen and Renault face fierce competition from Chinese EV manufacturers, notably BYD, which recently launched…
Summary Points SMIC Divestment: Semiconductor Manufacturing International Corp (SMIC) sold its entire 14.83% stake in Ningbo Semiconductor International (NSI) to…
Fast Facts The Beijing Academy of Artificial Intelligence (BAAI) launched new open-source AI models aimed at enhancing robot intelligence, highlighting…