China

Payments Network Malaysia Sdn Bhd (PayNet), Malaysia’s national payments network, has signed a memorandum of understanding (MoU) with Bank of China (Malaysia) Berhad (BOC Malaysia) to explore seamless, real-time payment and settlement solutions that simplify financial flows between Malaysia and China.

Chinese multinational technology company Alibaba Group and German multinational software firm SAP SE announced Wednesday a strategic partnership to jointly accelerate enterprise innovation and digital transformation through advanced cloud and artificial intelligence (AI) technologies.

Singapore-based Ant International announced Thursday its collaboration with HSBC on the bank’s new tokenized deposit service in Hong Kong.

The Ministry of Investment, Trade & Industry (MITI) of Malaysia said Wednesday that the launch of a privately driven artificial intelligence (Al) infrastructure initiative involving Skyvast Corporation and Huawei Technologies is not endorsed by government.

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Wednesday its partnership with Payments Network Malaysia Sdn Bhd (PayNet) as a Cloud Partner for its newly launched PayNet Fintech Hub – Malaysia’s first dedicated fintech-focused community and accelerator.

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has partnered with HashKey Group, a Hong Kong-based digital asset financial services group in Asia, to accelerate Web3 innovation and drive business growth.

The competition aims to bridge smart hardware development with artistic expression and international business collaboration. With a strong emphasis on integrating AI-driven hardware into consumer and industrial sectors, the program supports participants through capital access, media visibility, and ecosystem integration.

By working closely with partners to co-develop industry-specific solutions and explore high-value application scenarios, Huawei Cloud aims to drive new growth through precise alignment with customer needs.

SOUEAST has unveiled a strategic three-stage plan for the next few years, beginning with ICE and PHEV in left-hand drive markets, moving to a balanced portfolio for right-hand drive regions, and ultimately prioritizing EVs for the European Union by 2030.

SenseTime, a global artificial intelligence (AI) software company, and the Faculty of Law at The Chinese University of Hong Kong (CUHK), have signed a memorandum of understanding (MoU) to promote the collaborative advancement of technology and law, enhance the accessibility of legal information, and build further public good through inclusive technology.