Bitfire Group, a Hong Kong-listed company under stock code 01611, launched what it calls Hong Kong's first compliant crypto asset quantitative strategy, using real-world assets (RWA) in a market-neutr…
Alibaba Group Holding Ltd. completed the largest follow-on share sale in Hong Kong history, raising HK$80 billion ($10.2 billion) by issuing 710 million new shares at HK$112.70 each, with net proceeds…
Hong Kong's exports surged 50.7% year on year in July to HK$672.5 billion (US$86.2 billion), driven by impressive growth in AI-related electronic products, according to provisional figures from the Ce…
Alibaba Group Holding Ltd. launched its latest AI video generation model Wan3.0 on Monday, capable of generating 30-second videos from documents, spreadsheets, slides, and web pages, following a $10 b…
Alibaba's Hong Kong shares fell 9.8% to HK$111.00 on Monday after the company launched a US$10.2 billion share sale at HK$112.70 per share, an 8.4% discount to Friday's close, to fund AI development. …
Taiwanese prosecutors indicted nine people for illegally exporting high-end Supermicro servers packed with Nvidia chips to China, Hong Kong, and Macau via forged shipping documents, marking Taiwan's f…
Alibaba Group Holding Ltd. shares fell 8% in early Hong Kong trade on Monday after the company finalized a HK$80 billion ($10.21 billion) share placement at HK$112.70 per share, pricing 710 million ne…
Alibaba Group Holding Ltd. announced a $10.2 billion share placement in Hong Kong, its largest-ever equity offering, to fund full-stack AI capabilities including custom chips, data centers, and AI mod…
Hong Kong's Employees Retraining Board will partner with major tech firms to launch the HK$50 million (US$6.4 million) 'AI for All' training programme in November, aiming to benefit 50,000 people with…
Alibaba Group Holding Ltd. announced on Sunday (Aug 23) a proposed placement of new shares in Hong Kong with an aggregate consideration of HK$80 billion (US$10.2 billion), which would mark the largest…
Hong Kong's Environmental Protection Department reported that using artificial intelligence to accelerate environmental impact assessments shortened the process from 36-48 months to 15-24 months, redu…
A letter to the editor by Dr Gleb Tsipursky, a behavioural scientist and author, argues that Singapore's AI anxiety among workers, where 89 per cent use AI at work but only 67 per cent believe it will…
Baidu management said Wenxin will return to the top tier of the AI industry and plans to complete its primary listing in Hong Kong by the end of this year, according to the company's second-quarter ea…
Shengshu Technology, the Alibaba-backed generative AI startup behind the Vidu video generation tool, is considering a Hong Kong IPO targeting at least $500 million in proceeds. Founded in March 2023 w…
Hong Kong infrastructure and AI firms are pursuing business opportunities in Malaysia, driven by the country's New Industrial Master Plan 2030 and the recent opening of Hong Kong's Economic and Trade …
George Tung, CEO of UOB Hong Kong, is positioning the bank to leverage Hong Kong's role as a cross-border capital hub by strengthening ASEAN connectivity, integrating wholesale and private banking, an…
Hong Kong authorities have halved the time required for environmental impact assessments using AI, cutting the process from 36-48 months to 15-24 months, as part of a first batch of 30 projects across…
Hong Kong-based 'neo-cloud' provider Antimatter is betting on Chinese open-weight AI models to rival US providers like CoreWeave, helping businesses cut costs and gain data sovereignty. The company ex…
Bruce Rockowitz, a veteran in transforming traditional businesses through innovation and data, says AI is becoming a key competitive advantage for Hong Kong's catering businesses as the city's food de…
Hong Kong's inaugural five-year plan should prioritize the Northern Metropolis mega development, strengthen the city's position as an international financial centre, and advance its artificial intelli…