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HONG KONG AI
Global Market: Hong Kong unveils first five-year plan, targets bigger push into technologyHong Kong has unveiled its first Five-Year Plan through 2030, targeting higher innovation spending and greater investment in AI, robotics, ...
Asian shares trade mostly lower after AI stocks sink on Wall StreetThe decline came after OpenAI Chief Executive Sam Altman said in an interview with Fortune published Saturday that the company behind ChatG...
Data center firm Firmus said to seek $5 billion in Australia IPOThe data center provider is targeting a listing at the end of October, according to the people, who asked not to be identified because the ...
AI-linked Asian stocks slump after top lab CEOs call for slowing down technology's developmentAnthropic CEO Dario Amodei called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of misuse o...
Global Market: China stocks mixed, Hong Kong shares edge higher as AI weakness weighsChina's mainland stocks traded mixed on Monday as AI and semiconductor shares fell, dragging the CSI AI Index down 1.2% and the STAR50 down...
China's Z.AI raises $5 billion from new share, convertible bond sales, filing showsZ.AI launched the sales on Friday, offering 21.97 million new Hong Kong shares at HK$714 ($91.05) each, a 10% discount to Friday's closin...
Govt official listened to mobile calls, read text messages sent across the country using Claude and kept detailed records on people seen as possible targetsAnthropic has said a consultant working for Malian national security authorities used Claude to build a mass-interception platform capable ...
China AI developer Z.AI launches $5 billion Hong Kong share, convertible bond sales, term sheet showsThe fundraising comes as Chinese AI developers seek capital for the costly computing infrastructure and talent needed to compete with large...
Global Market: Hong Kong draws professionals back as IPO boom revives financial hubHong Kong is seeing finance professionals return as a strong IPO market, rising corporate investment and deeper China links revive its appe...
Global Market: China, Hong Kong stocks fall as rate hike fears weigh on sentimentChina and Hong Kong stocks fell on Friday, with the CSI300 and Hang Seng heading for weekly losses amid thin trading volumes, weaker liquid...
Anthropic disrupts state-backed surveillance campaigns using AI in China, Iran, AfricaAnthropic AI company has stopped several state-sponsored surveillance operations. These operations used its artificial intelligence models ...
- Chinese AI firm Moonshot to explore dual Hong Kong and Shanghai IPOs, SCMP reports
The developer of the Kimi large language model has discussed plans for a Hong Kong IPO with its financial backers and has also floated th...
China's DeepSeek taps CITIC Securities for domestic IPODeepSeek's engagement of CITIC, which has not been reported so far, is an indication that the startup is moving along in its IPO plan. Comp...
Global Market: China stocks inch up after August inflation data; Hang Seng remains flatChina’s stock markets edged higher while Hong Kong equities remained subdued as August inflation data highlighted an uneven recovery. Risin...
Shenzhen Longsys Electronics secures $903 million funding to boost AI data center technology expansionShenzhen Longsys Electronics raised over seven billion Hong Kong dollars in its recent stock offering. This significant capital infusion is...
Global Market: China stocks rebound, but weekly loss looms as AI rally coolsChina’s mainland stocks gained on Friday, but major benchmarks remained on track for weekly losses as fading momentum in AI shares and elev...
China stocks head for weekly loss as AI rally loses steamChinese stocks posted gains on Friday, though the week ended with a decline. A notable shift in investor focus moved away from AI shares to...
Chinese AI firm Moonshot files confidentially for Hong Kong IPOMoonshot's latest version, Kimi K3 released in July, has met with positive reviews and robust demand, and sources have said the startup is ...
Global Market: China’s IPO boom gains momentum as AI, robotics fuel investor appetiteChina’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong a...
AI and robotics drive an IPO boom in China as Shein lists in Hong KongIn the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a...