China

Alibaba Cloud revamps global partnership ecosystem to fuel AI-driven growth

The initiatives aim to foster the growth of global partners and accelerate the development and deployment of cutting-edge artificial intelligence and cloud computing solutions for businesses across various industries worldwide.

Malaysia-listed Hextar Industries bags Luckin Coffee’s master franchise in Malaysia

Luckin Coffee’s entry comes at a time when Malaysians are seeing a rising number of local and international coffee chain brands and outlets in the country. Both local and international coffee brands are competing for a larger market share as US brand Starbucks faces ongoing boycott amid the Israel-Gaza war.

Hong Kong to offer crypto tax break for hedge funds, family offices – report

Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit investments and other assets, as the city strives to become a top offshore finance hub.

An interview with Hong Kong’s Cyberport Chief Public Mission Officer Eric Chan – Part II

In the second part of the interview, Cyberport Chief Public Mission Officer Eric Chan shared Hong Kong’s uniqueness and competitive edge against other cities in China and across the region which also aimed to become tech hubs. He shared suggestions on how Hong Kong can further improve its tech ecosystem and his views on Southeast Asia, the Middle East, the…

An interview with Hong Kong’s Cyberport Chief Public Mission Officer Eric Chan – Part I

In a recent interview with TNGlobal at the Cyberport Venture Capital Forum 2024 in Hong Kong, Cyberport Chief Public Mission Officer Eric Chan shared Cyberport’s plans, its longer-term vision and strategies moving forward.

Temasek-backed 65 Equity Partners acquires 13 percent stake in Chinese cloud platform Tuya

Tuya Inc., a China-based cloud platform service provider, has on Monday announced that a definitive agreement has been entered into in respect of a strategic investment by 65 Equity Partners through its purchase of an approximate 13 percent of Tuya's total issued shares from New Enterprise Associates (NEA).

Malaysia’s Petronas partners CNPC for integrated sustainable energy solutions

Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) has partnered China's national oil and gas corporation China National Petroleum Corporation (CNPC) for integrated sustainable energy solutions.

MAS announces green finance and capital markets initiatives to strengthen financial cooperation with China

The Monetary Authority of Singapore (MAS) has on Monday announced new green finance and capital markets initiatives to strengthen financial cooperation with China.

China’s PepperHi secures angel funding led by Wisee Capital to accelerate cross-border expansion & innovation

The funds will support the local market access team and operational expansions across five Southeast Asian countries, including Malaysia, Thailand, Singapore, Indonesia, and Vietnam, with headquarter in Shenzhen and offices across Beijing, Shanghai, the Greater Bay Area and Kuala Lumpur.

PayPay, Alipay+ extend enhanced e-wallet payment options to over 3 million merchants across Japan with expanded partnership

PayPay, Japan's top QR payment operator, has on Wednesday announced an expanded partnership with Alipay+, Ant International’s cross- border mobile payment and digitalization technology solution, broadening its merchant coverage network across Japan.