Outside In | Why ending US dollar peg isn’t the answer Hong Kong needs
Media365- July 19, 2025
If I earned a dollar for every article written in the past 42 years predicting the end of the Hong Kong dollar’s peg to the US dollar, I would be…
How China’s open-source AI is helping DeepSeek, Alibaba take on Silicon Valley
- Media365
- July 19, 2025
July 9, 2024, may be remembered as a day of humiliation for China’s artificial intelligence community. On that day, US start-up OpenAI, the global leader in AI model development, blocked…
Exclusive | Global financial system must rewrite its rules for the tokenised future, says BIS adviser
- Media365
- July 19, 2025
The worldwide financial system needs to rewrite its rules for a future of tokens, as the rise of stablecoins poses new challenges to the global infrastructure for instant payment, clearing…
UK start-up Barocal wins US$1 million TERA-Award for green energy innovation
- Media365
- July 19, 2025
UK-based start-up Barocal, which specialises in energy storage and conversion, won the US$1 million top prize at this year’s TERA-Award, created by Hong Kong tycoon Peter Lee Ka-kit. Lee is…
Nvidia CEO meets China’s commerce minister to discuss AI cooperation, foreign investment
- Media365
- July 18, 2025
Chinese Commerce Minister Wang Wentao met Nvidia CEO Jensen Huang on Thursday to discuss artificial intelligence (AI) cooperation, days after the chipmaker said it was resuming sales of its H20…
Explainer | Why family feud at Wahaha is no laughing matter for China businesses
- Media365
- July 18, 2025
Zong Qinghou, the late founder of China’s biggest soft drinks bottler Hangzhou Wahaha Group, became the talk of the nation after a wealth inheritance feud involving his offspring surfaced earlier…
Investors look to China’s Politburo meeting for signs of fighting industrial overcapacity
- Media365
- July 18, 2025
Equity investors are shifting their attention to China’s coming Politburo meeting for any clues on whether top leaders will introduce measures to fight back against overcapacity in some of the…
Korean funds are buying Chinese stocks again after selling US$984 million in past 3 years
- Media365
- July 18, 2025
South Korean fund managers are renewing their interest in Chinese equities after pulling back from the market in the past three years, joining global investors in diversifying into non-dollar assets…
China’s WeRide launches Southeast Asia’s first fully driverless bus service in Singapore
- Media365
- July 18, 2025
WeRide, a leading mainland Chinese self-driving technology developer, has launched Southeast Asia’s first fully driverless bus service in Singapore – operating without a safety officer on board. The Robobus, equipped…
Hong Kong’s virtual insurer Bowtie Life raises US$70 million in Series C funding round
- Media365
- July 18, 2025
Bowtie Life Insurance, the city’s first virtual insurer, on Friday said it raised US$70 million in its third funding round from existing shareholder Sun Life, its largest such effort since…