China Tech News

Chinese authorities have urged state-owned firms to stop using the four biggest global accounting firms, signaling continued concerns about data security.

Hong Kong has earmarked over HK$3.7 billion ($471.7 million) in fresh funding to double down on technology and innovation.

Hong Kong plans to allocate HK$50 million ($6.4 million) to expedite the Web3 ecosystem development.

China has given the green light for the establishment of property-focused PE as part of a pilot scheme and encouraged investment from foreign investors.

Meituan has commenced its recruitment process for a slew of positions in Hong Kong, as its latest attempt to break into markets outside mainland China to fuel new growth.

ByteDance has exerted its strength in language and imaging to lay the foundations for developing its own large language model.

Saudi’s Public Investment Fund will take a stake in VSPO through gaming unit Savvy Games Group and become the Chinese company’s single largest equity holder.

Switzerland’s biggest bank UBS Group AG is looking to apply for a mutual fund licence in China.

Apple’s Chinese contract manufacturer Luxshare Precision Industry Co Ltd will help develop the iPhone maker’s long-awaited AR device.

ChatGPT is off-limits to users in China but the app is attracting huge interest in the country, with firms rushing to integrate the technology into their products and launch rival solutions.

With the rising popularity of ChatGPT, China's private tutoring industry has started to incorporate AI into its training products.

Regulators in Beijing reportedly have pressured major Chinese tech companies to withhold ChatGPT services to the public.

Didi, a Chinese ride-hailing giant which recently resumed the registration of new users, launched an incentive program for drivers

China’s C9 League member Fudan University released MOSS, the first large-scale conversational language model from China.

the Hong Kong Securities and Futures Commission (SFC) proposed new rules that would let retail investors trade certain “large-cap” cryptocurrencies on licensed exchanges.

Chinese consumer electronics maker Xiaomi is close to obtaining approval for producing electric vehicles (EVs).

Baidu will launch its first electric vehicle model using its new conversational artificial intelligence (AI) technology, with the intention of providing a ChatGPT-like experience.

Douyin, China’s equivalent of TikTok, plans to offer its “group-buying delivery” service in more cities, but has no timeline for a national rollout.

Tesla’s margins slid despite selling a record 405,000 electric vehicles in its fourth quarter, as rising battery costs and an ongoing price reduction campaign.

Times are tough in the global cryptocurrency business, however Singapore and Hong Kong both embracing crypto while SEC continues to strangle industry.

China is about to roll out its registration-based IPO system to the country’s two biggest boards in Shanghai and Shenzhen.