China

Chinese consumers increasingly rely on digital payment platforms for domestic and cross-border transactions, while high fees and settlement delays remain key pain points, according to a recent report by Thunes and Juniper Research.

Thunes has expanded its UnionPay connection to support instant payouts of up to $10,000 daily to cards across 79 mainland Chinese banks.

HSBC plans to open a Hong Kong AI and emerging technology institute with HKUST as its anchor academic partner in early 2027.

Envision says its integrated 800V DC power system is now supporting live AI computing workloads at the Galaxy campus in Ulanqab, China.

The launch of a cross-border digital payment link between China and Laos marks an important step in regional financial integration, demonstrating how central bank digital currencies (CBDCs) can connect with conventional payment networks while preserving local-currency settlement, the ASEAN+3 Macroeconomic Research Office (AMRO) said on Monday. 

Tencent Cloud, the cloud unit of Chinese technology giant Tencent, and OmniOps, a Saudi Arabian AI infrastructure company, will jointly build sovereign AI infrastructure for enterprises in the Kingdom

DeepSeek has open-sourced dsh-superagent, a research prototype that routes approved software-development requests to separate agent sessions.

Kuaishou's Beijing Kling unit completed an approximately RMB19.80 billion financing while the short-video platform retained control of the AI business.

EHang has established a Thailand hub and plans an initial fleet of 25 EH216-S aircraft to support eVTOL projects across Southeast Asia.

Hong Kong-listed IBS has agreed to acquire QuantumCompute Solutions for HK$563 million in a conditional move into AI chip design and edge computing.