China

Ant Group's subsidiary Ant Digital Technologies has established its international headquarters in Hong Kong, the firm said in a statement on Tuesday.

In partnership with Chinese biotechnology company CABIO Biotech, Australian animal-free fats and precision fermentation startup Nourish Ingredients has successfully completed its first commercial production of Tastilux®, its potent meaty fat.

GLP, a Singapore-based global thematic business builder and investment manager, has on Tuesday launched maiden data center fund in China with asset under management (AUM) of RMB 2.6 billion ($358 million).

Ant International, a global digital payment, and LankaPay, Sri Lanka’s National Payment Network, have jointly announced the launch of enabling cross-border mobile payments for Alipay+ partner users via the LANKAQR network, enhancing the connectivity between global consumers and Sri Lankan merchants.

Many of those projects are built without clear customers in mind, Tsai told the HSBC Global Investment Summit in Hong Kong on Tuesday.

Temu, the global e-commerce platform of China’s PDD Holdings, and dLocal, the cross-border payment platform connecting global merchants to emerging markets, have announced a strategic partnership to expand their payments in Africa, Asia, Latin America.

Tencent Cloud, the cloud business of global technology company Tencent, has announced the signing of a memorandum of understanding (MoU) with Indonesian cloud service company Mega Berjaya Teknologi, to support the acceleration of Indonesia’s digital transformation.

BYD’s new EV platform will allow cars to reach 100km per hour in two seconds.

The GBA Tour 2025 is set to take place in several dynamic cities including Macao, Shenzhen, Hong Kong and other cities in the GBA region from May 26-28, 2025.

Alipay+, the cross-border mobile payment platform of Ant International, has contributed more than 80 percent of inbound QR payments via DuitNow in Malaysia.