Meituan keeps tight grip on 70% of food delivery market in China, report says
Meituan, the Chinese on-demand delivery giant, is maintaining a steady hold on its 70 per cent market share in domestic food delivery, despite intensifying...
How Huawei’s AI chips outperform Nvidia’s in running DeepSeek’s R1 model
Huawei Technologies’ advanced data centre architecture, CloudMatrix 384, has enabled the company’s Ascend chips to surpass the performance of Nvidia’s H800 graphics processing units...
Hong Kong’s first AI system to spot scaffolding issues deployed in local project
Published: 6:42pm, 19 Jun 2025Updated: 6:56pm, 19 Jun 2025 Hong Kong’s first artificial intelligence (AI) system to spot loose or tilting scaffolding, built by...
Why US-backed stablecoins have China wary of a potentially more dominant dollar
With major economies gearing up for the rising ubiquity of stablecoins and their impact on the global economy, former Chinese central bank chief Zhou...
HKEX displays iconic gong across city to mark 25 years as listed entity
Hong Kong Exchanges and Clearing (HKEX), operator of Asia’s third-largest stock market, is taking its iconic gong on a tour of the city over...
Xi urges Iran and ‘especially Israel’ to cease fire during call with Putin
Published: 6:22pm, 19 Jun 2025Updated: 6:35pm, 19 Jun 2025 Chinese President Xi Jinping and his Russian counterpart Vladimir Putin have spoken by phone about...
Hong Kong man blames mental illness for stabbing elderly father to death
A 35-year-old Hong Kong clerk who cut and stabbed his father more than 80 times in the family home following an argument has maintained...
China to evacuate citizens from Israel via Egypt border as conflict escalates
China’s embassy in Israel said it will begin evacuating nationals via the Egyptian border from Friday, after hundreds had already left the country, while...
Senate Republicans Introduce Bill to Protect US Military Sites From Foreign Adversaries
Senate Republicans have introduced a bill aimed at protecting sensitive military sites across the United States from foreign adversaries such as China, Senate Banking...