China

ByteDance AI drug discovery spin-off Anew Labs raises $290M at $1.5B valuation

Anew Labs, ByteDance’s AI drug-discovery spin-off, has raised $290 million in its first external round at a valuation of about $1.5 billion.

BEYOND Expo upgrades to BEYOND as Asia’s most dynamic tech festival, returning to Macao on May 26-29, 2027

BEYOND announced on Wednesday that its flagship annual event will return to The Venetian Macao Cotai Expo from May 26-29, 2027, with a refreshed global identity under the BEYOND brand.

[Central Asia Rising] Kazakhstan’s venture market is growing up — and looking to China

Kazakhstan’s venture capital ecosystem is still young, but Askar Bilisbekov, CEO and board member of Alem Capital Management, sees room for growth through more institutional capital, stronger international links and deeper ties with China.

TDCX’s Michael Cowell on what makes customer experience genuinely AI-native [Q&A]

TDCX Hong Kong Managing Director Michael Cowell discusses AI-assisted CX, changing frontline roles, better metrics, data residency and what makes an operation genuinely AI-native.

Chinese and English consultation documents for Hong Kong's first five-year plan for 2026 to 2030

Hong Kong puts AI governance and fintech in first five-year plan

Hong Kong's first five-year plan sets out AI governance, fintech infrastructure, startup funding and commercialization measures through 2030.

China emphasizes equally on AI development-security, backs UN-led governance: Foreign Ministry

China puts equal emphasis on development and security in artificial intelligence (AI) and has released an updated AI safety governance framework, its foreign ministry said.

GSK agrees to buy Chimagen cancer program in deal worth up to $750 million

GSK agreed to acquire global rights to a Chimagen multiple myeloma program in a deal with an undisclosed upfront fee and contingent payments totaling up to $750 million.

China’s AlphaPai raises $50M Series B for AI investment-research assistant

China's AlphaPai, an AI assistant for investment research, has raised $50 million in a Series B round backed by major Chinese financial institutions, its third funding round in a year.

China foreign ministry labels AI-slowdown suggestion ‘fear-mongering’ after Anthropic’s founder Amodei warns

China's foreign ministry warned against "fear-mongering" over AI after U.S. executives, led by Anthropic's Dario Amodei, called for slowing the technology's development and cautioned that a Chinese lead would threaten U.S. security.

Z.AI plans about $5 billion in share and bond financing

Z.AI proposes a Hong Kong share placement and a separate convertible-bond issue with combined gross proceeds of about $5 billion, subject to closing conditions.