Investors are optimistic that the recent fine against Ant Group could draw a line under the pressure firms have faced over corporate governance and accusations of money-laundering.
TECHNOLOGY
KeyBanc’s Asia findings suggest weak China demand; AI opportunity
KeyBanc Capital Markets quarterly supply chain findings for Asia suggested that China demand continues to be consistently weak, but AI shines. Read more here …
Audi rumored to be shopping around China for its next platform to expedite EV development
After multiple development delays due to software issues internally and at parent company Volkswagen Group, Audi AG is reportedly …
Bank of China Launches SIM Card Hardware Wallet for E-Yuan With China Unicom, China Telecom
Bank of China has joined hands with Chinese telecom operators China Unicom and China Telecom to release a subscriber identity module card hardware wallet on the digital Chinese yuan app. With the new …
Even Amid China’s Weak Recovery, Online Gaming Mogul William Ding Racks Up $12 Billion Gain
The 51-year-old founder of NetEase, China’s largest game company after Tencent, now boasts a net worth of $31 billion.
China achieves mobile network algorithm verification powered by quantum computer
The China Mobile Research Institution (CMRI) and Origin Quantum Computing Technology Co have realized the first case of algorithm verification based on a real universal quantum computer in China, …
China’s Geely, Renault ink deal to develop powertrain technology
China’s Geely Automobile Holdings and French car maker Renault SA signed a joint venture (JV) to launch a company that will manufacture and supply hybrid powertrain engines, the companies said on …
China is making brain weapons to use on world leaders, entire populations: Report
China is reportedly designing advanced weaponry capable of disrupting brain function to influence government leaders.
The Download: China’s semiconductor fightback, and New York’s controversial AI law
On July 3, the Chinese Ministry of Commerce announced that the export of gallium and germanium, two elements used in producing chips, solar panels, and fiber optics, will soon be heavily restricted.
China Strikes Back: Tech War With U.S. Set to Escalate?
China has struck back in its technology war with the United States and pulled out its ace in the hole: rare earths. And, Apple’s index weight has given mutual funds a headache, driving increased …
HKD285.1M Southbound Trading Net Inflow to CHINA MOBILE
There was HKD285.1 million, HKD226.6 million and HKD50.6 million Southbound Trading net inflow to CHINA MOBILE (00941.HK) -0.450 (-0.713%) Short selling $95.17M; Ratio 9.467% , WU …
Heritage experts discuss space technology use
The discovery encouraged a strong response from the international community, and was a good example of the application of technology in protecting heritage sites, says Guo Huadong, director of the International Centre on Space Technologies…
Yellen says U.S. will listen to China’s concerns over tech export curbs, but defends trade measures
Treasury Secretary Janet Yellen on Sunday said she agreed Washington will listen to Chinese complaints about security-related curbs on U.S. technology exports and might “respond to unintended …
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