9 June 2025

Hong Kong backs start-ups at VivaTech in Paris amid push to promote city as ‘springboard’

Hong Kong backs start-ups at VivaTech in Paris amid push to promote city as ‘springboard’

Hong Kong is making its presence known at a major tech conference in Paris this week, as the city looks to forge closer business ties with Europe amid its efforts to become an innovation hub. The government-funded Hong Kong Science and Technology Parks Corporation (HKSTP) will support 18 of its start-ups at the VivaTech trade […]

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China turns to robots for elderly care with national pilot programme

China turns to robots for elderly care with national pilot programme

China has launched a pilot programme aimed at accelerating the deployment of robots to alleviate the pressure of elderly care, as the nation grapples with a rapidly ageing population and a labour shortage. The Ministry of Industry and Information Technology, in collaboration with the Ministry of Civil Affairs, issued a notice on Monday inviting organisations

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RedNote joins AI race with its own open-source model that it says bests Alibaba, DeepSeek

RedNote joins AI race with its own open-source model that it says bests Alibaba, DeepSeek

Chinese social media platform RedNote has open-sourced its first large language model (LLM), joining a growing list of Big Tech firms looking to stake a claim in the artificial intelligence (AI) market, as the Shanghai-based company tries to leverage its growing international profile for new growth. The company on Friday unveiled its dots.llm1 model, a

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Hong Kong’s stablecoin law opens floodgates for a boom in digital assets, brokers say

Hong Kong’s stablecoin law opens floodgates for a boom in digital assets, brokers say

“We’re seeing a significant trend in investments related to stablecoins on our platform, which highlights the growing importance of this sector,” said Daniel Tse, managing director of Futu Securities International, Hong Kong’s largest online brokerage firm, in a written interview on Thursday. Investors have become increasingly interested in stablecoins, which are digital tokens pegged to

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