China
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.
US battery startup EnerVenue opens first factory in China’s Changzhou
US battery startup EnerVenue has opened its first manufacturing plant in Changzhou, China, after dropping an earlier plan for a Kentucky factory.
DeepSeek set to brief UN Security Council as AI risks move onto international security agenda
Chinese AI startup DeepSeek is expected to brief the UN Security Council this week as diplomats discuss artificial intelligence and international security.
Alibaba targets 20GW global data center capacity by 2032, maps next Qwen and AI chip roadmap
Alibaba says it aims to operate more than 20GW of global data center capacity by 2032 as it expands its full-stack AI roadmap across Qwen models, proprietary processors, cloud infrastructure and agent platforms.
OpenAI urges U.S. to lead global technical standards for frontier AI, including self improvement
The United States-based OpenAI has called for the United States to lead an international effort to set shared technical standards for the most advanced AI systems, including for so-called recursive self-improvement.
China’s CXMT says fifth-generation DRAM platform enters mass production
China’s CXMT says its fifth-generation DRAM platform has entered mass production, with new 24-gigabit LPDDR5X chips and higher output per wafer.
RoboTechnik seeks up to $660M in Hong Kong share sale
China’s RoboTechnik Intelligent Technology is seeking up to about HK$5.18 billion ($660 million) in a Hong Kong share sale, with trading expected September 29.
