China

Kinwong raises HK$5.1B in Hong Kong listing

Shenzhen-listed printed circuit board maker Kinwong raised about HK$5.1 billion in a Hong Kong offering and ended its first trading day above the issue price.

EHang-backed Hanoi sandbox to test pilotless aircraft taxi

Hanoi's Department of Science and Technology and Vietnam-based HungViet have signed an agreement to pursue a controlled regulatory sandbox for EHang's pilotless EH216-S electric vertical take-off and landing aircraft (taxiing, flying taxi) at Hoa Lac High-Tech Park.

Ant Group’s Robbyant, AFDE to localize embodied AI for Middle East markets

Ant Group's Robbyant and the Arab Federation for Digital Economy have agreed to localize and deploy embodied-AI and robotics systems across Middle Eastern markets.

Alibaba DAMO unveils AI models for cancer and abdominal CT

Alibaba DAMO Academy has published research on EAGLE for esophageal cancer screening and RADAR for broad abdominal CT interpretation. Both remain research systems rather than approved clinical products.

CBAK signs deal for 12 GWh sodium-ion battery project in Nanjing

CBAK Energy has signed an investment agreement for a planned 12 GWh battery project in Nanjing that can produce sodium-ion or lithium-ion cells.

Alibaba unveils Qwen Book agentic computer and AI wearables at Apsara 2026

Alibaba has expanded its AI hardware lineup with Qwen Book, new Qwen Glasses, AI earbuds and a portable note-taking device designed to turn voice, visual and workplace context into agentic actions.

Faster net-zero transition could raise ASEAN+3 corporate credit risks, AMRO says

A faster and more aggressive shift towards net-zero emissions could increase corporate credit risks across ASEAN+3 economies, particularly in energy-intensive sectors, while a more gradual climate transition may give companies greater time to adjust their operations and financial positions, according to the ASEAN+3 Macroeconomic Research Office (AMRO)…

PolyU, Fudan establish AI healthcare lab with Suanova compute support

Hong Kong Polytechnic University and Fudan University have established a joint AI healthcare laboratory, with Suanova providing computing infrastructure and related technical support.

Alibaba Cloud to open new regions in Europe, expand capacity in Malaysia and Hong Kong

Alibaba Cloud plans first cloud regions in Türkiye, Finland, and the Netherlands, while expanding data-center capacity in Malaysia, Hong Kong, Germany, France, and the UAE.

UnionPay says ASEAN QR acceptance network now covers over 38M merchants

UnionPay says its acceptance network now spans all ten ASEAN countries and more than 38 million QR merchants as it expands cross-border payment links across the region.