China

KPay Group, a fintech company co-headquartered in Hong Kong and Singapore, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution license, under the Payment Services Act 2019 for its Singapore subsidiary, KPay Merchant Service (Singapore).

Huawei has joined Thai government agencies, telecom carriers, large language model developers, AI associations, and universities to launch the Thailand AI Ecosystem Initiative, in order to push Thailand as a hub for AI innovation in Southeast Asia.

Huawei Cloud has announced its Agentic Infrastructure for Thailand and launched an open beta of its CodeArts Agent coding platform at the Huawei Cloud Summit Thailand 2026, the Chinese giant said in a statement on Friday.

China's Tencent has launched the Southeast Asia Regional competition of the 5th Weixin Mini Program Global Innovation Challenge in Singapore, introducing an AI agent theme and a dedicated track for university applications for the first time.

China's ZTE Corporation and the Chinese Society of Engineers (CSE) will cooperate to establish the Center for Excellence in Engineering Capacity Building (CEECB), a technology training center in Hanoi.

Tencent Cloud, the cloud business under Chinese giant Tencent, has expanded its international suite of AI agent solutions to the Indonesian market.

China's Zeekr has expanded its Malaysian dealer network by signing agreements with three new partners, namely Quantum Motors, Wheelcorp Premium, and Ghee Hua Co, bringing its retail presence to 11 outlets.

MTR Lab and Hong Kong-Shenzhen Innovation and Technology Park Limited (HSITPL) have launched a Venture Partner Program connecting high-potential startups with funding opportunities, strategic guidance, and commercial partnerships to scale across AI, new energy, new materials, microelectronics, and robotics.

Animoca Brands has completed a live pilot of AI-powered commerce capabilities developed in collaboration with Visa, enabling AI agents on its Minds platform to identify relevant Visa rewards and complete purchases on behalf of users at selected merchants in Hong Kong.

Ant Group has completed a strategic investment in Boohee Health, becoming its largest external shareholder with a stake of over 28 percent, as the two companies deepen cooperation in weight management and AI-driven health services.