3 June 2025

Hong Kong’s move to legalise stablecoins – cryptocurrencies that maintain a fixed value by being pegged to a reference asset – is grabbing the attention of mainland institutions, as a leading Chinese brokerage predicts a boom in tokenised real-world assets (RWA) in the city. While Beijing has remained largely quiet on Hong Kong’s new stablecoin […]

Chinese smartphone maker Xiaomi will start making money from its electric-vehicle (EV) venture by the end of this year, according to its founder and CEO Lei Jun, less than two years after rolling its first units off the assembly line, as demand surpassed expectations. Losses have narrowed, and the unit could become profitable by the

“As the scale of parallel processing grows, cross-machine bandwidth in traditional server architectures has become a critical bottleneck for training,” said Zhang Dixuan, president of Huawei’s Ascend computing business, in a speech at the Shenzhen-based tech giant’s Kunpeng Ascend Developer Conference held last Friday. Zhang pointed out that addressing future training requirements will demand innovative

China’s advancements in artificial intelligence (AI) and humanoid technology will continue to capture the imaginations of investors as the world turns its focus to the region, according to Morgan Stanley’s director of pan-Asia research. “The DeepSeek announcement has shifted the fundamental discussion about China to technological innovation,” said Magdalena Stoklosa in an interview last month.