China
IBS plans HK$563M acquisition of AI chip company
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.
China offers joint AI research with Vietnam as Hanoi sets 2045 target for world-leading AI
China has proposed joint research on advanced artificial intelligence (AI) with Vietnam, including large language models (LLMs), open-source development and linking technology, talent and data resources, officials said at a Vietnam–China seminar on AI research and applications.
Ant Group rolls out LingGuang 2.0 AI agent in China
Ant Group has begun rolling out LingGuang 2.0 in China with cross-session memory, long-running task management and connected-service controls.
HKT opens AI Exchange linking Hong Kong data centers
HKT has opened an AI Exchange at the Hong Kong-Shenzhen Innovation and Technology Park to link AI users with computing capacity across Hong Kong data centers.
Hong Kong fintech PhotonPay raises $40M Series C led by Blockchain Capital
Hong Kong fintech PhotonPay has raised $40 million in a Series C led by Blockchain Capital to expand stablecoin, payment and card infrastructure.
Tencent, Visa to jointly explore cross-border payments, AI agent commerce
China's Internet technology giant Tencent and American multinational payment company Visa have signed a memorandum of understanding to explore broader collaboration on payments and commerce across Tencent’s ecosystem.
Citi wins approval for wholly owned China securities firm
Citi has received Chinese regulatory approval to establish a wholly owned Shanghai securities company offering brokerage, underwriting, research and trading.
HKEX launches AI and semiconductor indexes
HKEX has launched AI and semiconductor indexes and licensed the AI benchmark for planned exchange-traded funds in mainland China.
Gentari and BYD Malaysia ink deal to support deployment of BYD Flash Charging in Malaysia
Gentari Sdn Bhd, a clean energy solutions company wholly-owned by Petronas, and BYD Malaysia Sdn Bhd (BYD Malaysia), the Malaysian arm of global electric vehicle (EV) manufacturer BYD, have on Wednesday signed a memorandum of understanding (MoU) to support the development and deployment of high-power EV charging infrastructure in Malaysia.
[HK Special Report] InvestHK’s CY Lu on Hong Kong’s next startup chapter
In this instalment of TNGlobal’s Hong Kong Special Report, Invest Hong Kong Acting Head of Startups CY Lu examined how Hong Kong is positioning itself as an international innovation hub, the sectors offering the greatest growth potential, and the role of cross-border partnerships in connecting Asia-Pacific’s technology ecosystems. The discussion of the…
