DeepSeek Makes Permanent 75% Price Cut on V4 Pro In a bold move shaking up the AI frontier, DeepSeek has permanently slashed the price of its flagship V4 Pro model by 75%.
In a decisive move to confront the evolving challenges of youth employment in the age of artificial intelligence, China has unveiled a comprehensive national action plan aimed at securing jobs, fostering new employment opportunities, and enhancing job quality for its younger population.
MiniMax’s Meteoric Rise Fuels Plans for Mainland China Listing MiniMax, one of China’s leading artificial intelligence firms, has seen its shares skyrocket 400% since its initial public offering (IPO) in January 2026. This remarkable surge has intensified investor interest and paved the way for the company’s planned dual listing on mainland China’s stock exchanges.
As artificial intelligence (AI) reshapes the global financial landscape, the job markets in Hong Kong and Singapore are experiencing a significant chill, particularly affecting junior and back-office roles.
Unitree Opens Asia’s First Robotic Experience Center in Shanghai On May 31, 2026, Unitree Robotics unveiled Asia’s first-ever robotic experience center in Shanghai, as reported by the Global Times. The opening attracted large crowds eager to interact with some of the company’s most advanced robots, including humanoid models and the popular Go2 robot dogs.
China has taken a major step toward sustainable artificial intelligence development with the launch of its first full-stack green AI computing platform in Hohhot, the capital of Inner Mongolia Autonomous Region.
Lenovo’s Record-Breaking FY2025/26 Results Signal a New AI Era Chinese tech giant Lenovo has delivered a stunning performance in its FY2025/26 financial results, reporting record revenues of $83.1 billion, a 20% year-over-year increase. The company’s impressive growth, particularly its rapid expansion in AI-related products and services, has captured investor attention worldwide.
Alibaba and UEFA Forge Groundbreaking AI Partnership In a significant move set to redefine how fans experience European football, Alibaba Group has signed an exclusive six-year partnership agreement with UEFA.
China is stepping up its protection of intellectual property in the digital age with new trade secret regulations that come into effect on June 1, 2026.
Beijing’s Premier Party Journal Signals New Direction for China’s Tech Giants In a clear message to China’s leading technology platforms, the Communist Party’s flagship theoretical publication, Qiushi, is urging major players such as Alibaba, Meituan, and PDD Holdings to abandon destructive price wars and focus on innovation, particularly in artificial intelligence (AI) and cloud computing.…
US Closes Key Loophole in AI Chip Export Controls for Chinese Entities Overseas The US Department of Commerce has issued new export guidance that closes a significant loophole enabling Chinese companies located outside China to obtain the world’s most advanced AI chips without the required licenses.
Major US financial institutions operating in Hong Kong are aggressively rolling out advanced artificial intelligence tools to their employees, navigating a complex geopolitical landscape where top American AI firms have restricted access to the region.
During the 23rd Shangri-La Dialogue (SLD) in Singapore, China articulated a firm stance on integrating artificial intelligence into military operations, calling for the establishment of legally binding international rules to govern its use.
Chinese artificial intelligence unicorn MiniMax has officially initiated an A-share initial public offering (IPO), setting the stage for a potential dual listing following its highly successful debut in Hong Kong earlier this year.
New data analysis from JPMorgan and the AI API aggregator OpenRouter indicates a dramatic shift in the global artificial intelligence landscape, with Chinese AI models capturing an increasingly large share of global developer traffic.
In a strategic move to modernize its critical infrastructure, China’s National Energy Administration (NEA) has unveiled a comprehensive national plan to integrate artificial intelligence across the energy sector.
The global appetite for artificial intelligence is having a profound and unexpected impact on global currency markets, providing strong support for the Chinese yuan.
As the global race for artificial intelligence supremacy intensifies, the focus is increasingly shifting from silicon to electricity. The staggering energy demands of training and running advanced AI models have made access to cheap, stable, and abundant power a critical competitive factor.
In a significant move to regulate the rapidly expanding artificial intelligence sector, China has introduced a new framework designed to tackle the pervasive “black box” problem inherent in complex AI models.
The competition to develop advanced dexterous robotic hands, widely considered the most challenging hardware bottleneck in humanoid robotics, is intensifying in China, fueled by a massive influx of venture capital. On May 29, Hangzhou-based startup Xynova announced the completion of its Series A funding round, raising approximately 1 billion yuan (US$148 million).
