China

China’s domestic artificial intelligence (AI) ecosystem is gaining momentum as major models demonstrate the ability to train and run on locally developed chips, while Nvidia supply constraints and Beijing’s restrictions on foreign processors accelerate the shift towards domestic hardware, Maybank Investment Bank said on Monday.

SHEIN, a global online fashion and lifestyle company, is targeting a valuation of $35-40 billion in its planned initial public offering on the Hong Kong stock market, analysts noted.

Manus, a Singapore-headquartered AI agent startup founded in China, will return to operating as an independent company and delete some user data, months after Chinese regulators blocked Meta's $2 billion acquisition of the startup.

China's Ant Group, the operator of Alipay, has upgraded its physician platform "Haodf for Doctor" into "AQ for Doctor," an AI-powered workstation for physicians covering online consultations, patient management, clinical decision support, and medical research.

China's technology giant Alibaba has launched a public beta of Wan3.0, an AI video generation model supporting clips of up to 30 seconds and multimodal inputs including text, image, video, audio, web pages, PDFs, and PowerPoint presentations.

Malaysia could benefit from a proposed U.S. ban on imports of new Chinese optical transceiver models, as global suppliers expand production outside China to support artificial intelligence (AI) infrastructure, analysts said.

National Payment Corporation (NAPAS), a payment platform in Vietnam, has connected its VietQRGlobal payment infrastructure with China's Weixin Pay, enabling Chinese visitors to scan QR codes and make payments in Vietnam.

Jetour hosted some of the brand friends for an interesting conversation with world-renowned explorer Ed Stafford, off-road demonstration, and official vehicle handover ceremony in Harbin, China.

Tencent Hy3 (formerly known as Tencent Hunyuan), the latest large language model developed by China's Tencent, is now available for international access, following the model's official release on July 6.

China's Alibaba has launched Qwen3.8-Max, the largest AI model in its Qwen large language and multimodal model family, featuring 2.4 trillion parameters and a context window of up to 1 million tokens.