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Author name: Sajid Patel

Ant International issues first sustainability report after spin-off amid IPO speculation

Ant International issues first sustainability report after spin-off amid IPO speculation

Ant International, which was spun off from fintech giant Ant Group last year, published its first independent sustainability report on Monday, underscoring its operational autonomy from its Chinese parent. Speculation has been rife over a potential listing by Ant International, which is registered in Singapore. In the report, the company emphasised its “new corporate identity”, […]

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How a Chinese AI start-up helps Nike, Gap, Urban Revivo predict fashion trends

How a Chinese AI start-up helps Nike, Gap, Urban Revivo predict fashion trends

Founded in 2018 at fast-rising Chinese technology hub Hangzhou, capital of eastern Zhejiang province, Zhiyi Tech is focused on compiling style and sales data from major shopping and social-media sites around the world, providing clients with data-driven analysis of fashion market trends. Zhiyi Tech founder and CEO Zheng Zeyu said in a Post interview last

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Huawei’s HarmonyOS gains traction in China with 103 million smartphones shipped

Huawei’s HarmonyOS gains traction in China with 103 million smartphones shipped

Huawei Technologies has shipped more than 103 million smartphones and 21 million tablets running its proprietary HarmonyOS operating system, with nearly half delivered in 2024, according to consultancy Canalys. The Shenzhen-based technology giant shipped 46 million smartphones and 10.5 million tablets last year, signalling an accelerating pivot to its in-house operating system, serving as an

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Meet Goku, the Chinese quant trading fund with AI ambitions beyond finance

Meet Goku, the Chinese quant trading fund with AI ambitions beyond finance

Goku Technologies, a Shanghai-based quantitative trading fund, is expanding its ambitions beyond finance, looking to artificial intelligence (AI) as a means to overcome challenges faced by humanity, according to CEO Wang Xiao. In an interview with the Post, Wang said the firm’s AI initiatives were driven by a vision that transcended short-term commercial interests. “What

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Taiwan adds Huawei, SMIC to trade blacklist amid escalating US-China tech rivalry

Taiwan adds Huawei, SMIC to trade blacklist amid escalating US-China tech rivalry

Taiwan added Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC), two of China’s leading chipmakers, to a trade blacklist a mid an intensifying tech rivalry between China and the US. The International Trade Administration of Taiwan included Huawei, SMIC and a host of their subsidiaries in a Strategic High-Tech Commodities Entity List, according to the

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Hong Kong virtual insurer OneDegree seeks more Middle East growth, eyes Europe and Africa

Hong Kong virtual insurer OneDegree seeks more Middle East growth, eyes Europe and Africa

Hong Kong virtual insurer OneDegree is gaining ground in the Middle East and has signed 20 contracts since entering the region in 2023, according to one of its founders. In an interview on June 6, Alvin Kwock Yin-lun said the nine-year-old company was looking for additional growth in the Middle East. It has insured the

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Huawei’s AI semiconductor output limited to 200,000 in 2025, US commerce official says

Huawei’s AI semiconductor output limited to 200,000 in 2025, US commerce official says

Huawei Technologies is expected to ship no more than 200,000 of its advanced artificial intelligence (AI) semiconductors this year, according to a senior Trump administration official overseeing US export controls, who estimated that “most or all of” those chips would be supplied to enterprises within China. That figure would pale in comparison to the more

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Supporting role: how InvestHK is driving Hong Kong firms’ global growth

Supporting role: how InvestHK is driving Hong Kong firms’ global growth

On May 16, just as US President Donald Trump wrapped up his whirlwind Gulf tour with over US$2 trillion in deals, a little-known Hong Kong fintech firm beat global rivals to bag a contract with a United Arab Emirates (UAE) bank. Evident Group, operator of a digital investment platform for alternative assets and licensed by

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Macroscope | How the obsession with risky assets is putting global finance in peril

Macroscope | How the obsession with risky assets is putting global finance in peril

Fashionable, frivolous or downright foolish? Which of these words best describes the trend in markets toward derivatives, cryptocurrencies, digital assets and tokens as supplements or alternatives to traditional finance? Where is this great “paper chase” leading? For one thing, it is likely to be causing a flight into gold. But unless gold is remonetised and

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Hong Kong plans new AI supercomputing centre to boost tech hub status

Hong Kong plans new AI supercomputing centre to boost tech hub status

The Hong Kong government is set to enhance its computing power support for start-ups as part of its ambition to become a leading technology hub, according to the city’s innovation chief, as local start-ups seek global clients at one of Europe’s largest technology shows. Hong Kong planned to establish a new supercomputing centre at Sandy

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