30 July 2025

“We look forward to this collaboration, which unlocks Hong Kong’s transformative potential at the intersection of AI and Web3 – accelerating its growth as a global hub for innovation and technology, finance and trade,” said Ant Group chairman Eric Jing Xiandong in a statement released by PolyU. Ant Group chairman Eric Jing Xiandong speaks at […]

Alibaba Group Holding and Zhipu AI have launched new open-source models as China’s rivalry with the US in artificial intelligence heats up. On Tuesday, Alibaba released Wan2.2, which it claimed was the industry’s “first open-source large video generation models incorporating the Mixture-of-Experts (MoE) architecture”. Alibaba owns the South China Morning Post. MoE is a machine-learning

Concerns about trade tensions between China and the US drove Hong Kong stocks lower for a second day, as the world’s two largest economies stopped short of finalising a new deal that would extend a 90-day tariff pause. The Hang Seng Index fell 0.4 per cent to 25,415.94 at the noon break, while the Hang