https://jingpost.com/wireTimestamped Jingpost business signals.en https://jingpost.com/wire/china-central-bank-proposes-removing-30-50-overdue-loan-penalty-clausehttps://jingpost.com/wire/china-central-bank-proposes-removing-30-50-overdue-loan-penalty-clauseSat, 06 Jun 2026 07:42:14 GMTThe People's Bank of China is seeking public feedback on new deposit and loan interest rate rules. The draft removes the 30%-50% penalty on overdue loan interest. https://jingpost.com/wire/indonesia-pledges-rupiah-stability-after-record-low-market-routhttps://jingpost.com/wire/indonesia-pledges-rupiah-stability-after-record-low-market-routSat, 06 Jun 2026 07:06:10 GMTIndonesian finance and central bank officials vowed to ramp up measures to stabilize the rupiah and lure capital inflows. The pledge follows a week of steep stock market declines and the currency hitting an all-time low. https://jingpost.com/wire/bytedance-denies-car-manufacturing-plans-clarifies-saidou-not-its-auto-brandhttps://jingpost.com/wire/bytedance-denies-car-manufacturing-plans-clarifies-saidou-not-its-auto-brandSat, 06 Jun 2026 04:57:38 GMTByteDance refuted reports claiming it is entering car manufacturing or launching an automotive brand. The company said SaiDou is not its brand and it has no equity ties with it. https://jingpost.com/wire/indonesia-central-bank-finance-minister-align-on-higher-asset-yields-to-support-rupiahhttps://jingpost.com/wire/indonesia-central-bank-finance-minister-align-on-higher-asset-yields-to-support-rupiahSat, 06 Jun 2026 04:54:15 GMTBank Indonesia and the finance ministry have agreed to raise asset yields to stabilize the rupiah. The move aims to attract capital inflows amid global uncertainty. https://jingpost.com/wire/abc-ca-fund-names-sun-jiankun-gm-as-cheng-kun-returns-to-parent-bankhttps://jingpost.com/wire/abc-ca-fund-names-sun-jiankun-gm-as-cheng-kun-returns-to-parent-bankSat, 06 Jun 2026 02:51:32 GMTCheng Kun stepped down as ABC-CA Fund general manager effective June 5, with Sun Jiankun succeeding him. Cheng returns to Agricultural Bank of China headquarters. https://jingpost.com/wire/xpeng-robotics-product-planning-head-shi-xiaoxin-resigns-after-1-675-dayshttps://jingpost.com/wire/xpeng-robotics-product-planning-head-shi-xiaoxin-resigns-after-1-675-daysSat, 06 Jun 2026 02:50:31 GMTShi Xiaoxin, senior director of product planning at XPeng's robotics unit, resigned in early June. He led the Iron humanoid robot from concept to near mass production. https://jingpost.com/wire/byd-denies-rumor-of-20-000-humanoid-robots-for-internal-use-by-2026https://jingpost.com/wire/byd-denies-rumor-of-20-000-humanoid-robots-for-internal-use-by-2026Sat, 06 Jun 2026 02:47:06 GMTBYD refuted online claims that its codenamed Yao-Shun-Yu humanoid robot would deploy 20,000 units internally by 2026. The company confirmed it is developing humanoid robots but called the specific numbers and prototype details untrue. https://jingpost.com/wire/jingpost-launches-city-index-betahttps://jingpost.com/wire/jingpost-launches-city-index-betaSat, 06 Jun 2026 00:25:58 GMTThe new beta index compares 30 cities using source-backed observations, visible coverage gaps and confidence tiers rather than a single opaque ranking. https://jingpost.com/wire/china-adr-index-slumps-3-5-as-baidu-solar-stocks-lead-losseshttps://jingpost.com/wire/china-adr-index-slumps-3-5-as-baidu-solar-stocks-lead-lossesFri, 05 Jun 2026 20:00:15 GMTThe Nasdaq Golden Dragon China Index fell 3.5% in a single session, extending its weekly drop to 3.3%. Canadian Solar plunged 11.7%, Baidu lost 9.7%, and Pony.ai slid 9.2%, while Huazhu Group edged up 0.6%. https://jingpost.com/wire/trump-to-host-major-ai-firms-at-white-house-next-week-for-public-benefit-talkshttps://jingpost.com/wire/trump-to-host-major-ai-firms-at-white-house-next-week-for-public-benefit-talksFri, 05 Jun 2026 17:55:34 GMTU.S. President Donald Trump said all leading AI companies will meet at the White House, possibly next week. The agenda centers on ensuring public gains from artificial intelligence. https://jingpost.com/wire/nasdaq-100-drops-3-as-strong-jobs-data-fuels-fed-rate-hike-betshttps://jingpost.com/wire/nasdaq-100-drops-3-as-strong-jobs-data-fuels-fed-rate-hike-betsFri, 05 Jun 2026 16:20:30 GMTWall Street's winning streak is at risk after a robust jobs report raised expectations for a Fed rate hike. The semiconductor index plunged over 7%, with TSMC falling 5.22%. https://jingpost.com/wire/saidou-technology-to-unveil-ai-defined-car-brand-on-june-9-with-bytedance-s-volcano-enginehttps://jingpost.com/wire/saidou-technology-to-unveil-ai-defined-car-brand-on-june-9-with-bytedance-s-volcano-engineFri, 05 Jun 2026 15:18:19 GMTSeres-backed Saidou Technology will launch a new auto brand on June 9, co-developed with ByteDance's Volcano Engine. The first model, a crossover SUV-sedan, will feature Volcano Engine's cockpit AI and DeepRoute.ai's intelligent driving. https://jingpost.com/wire/china-citic-bank-fined-11-4-million-yuan-for-lax-loan-credit-card-oversighthttps://jingpost.com/wire/china-citic-bank-fined-11-4-million-yuan-for-lax-loan-credit-card-oversightFri, 05 Jun 2026 14:31:26 GMTThe National Financial Regulatory Administration penalized China CITIC Bank and responsible staff for weak management of related loans and credit cards. The total fine amounts to 11.4 million yuan. https://jingpost.com/wire/fjd-inc-files-for-hkex-ipo-revenue-hits-rmb-740-mln-in-2025https://jingpost.com/wire/fjd-inc-files-for-hkex-ipo-revenue-hits-rmb-740-mln-in-2025Fri, 05 Jun 2026 14:17:30 GMTFJD Inc. has applied for a Hong Kong listing. The robotics firm serves agriculture, construction and property management. Revenue grew 29.8% to RMB 740 million in 2025. https://jingpost.com/wire/china-merchants-securities-gets-shanghai-stock-exchange-nod-for-up-to-rmb-30-billion-bond-listinghttps://jingpost.com/wire/china-merchants-securities-gets-shanghai-stock-exchange-nod-for-up-to-rmb-30-billion-bond-listingFri, 05 Jun 2026 14:10:00 GMTChina Merchants Securities received a no-objection letter from the Shanghai Stock Exchange for its non-public issuance of corporate bonds. The approval covers listing and transfer of up to RMB 30 billion. https://jingpost.com/wire/china-ev-stocks-slide-as-nasdaq-golden-dragon-index-drops-2https://jingpost.com/wire/china-ev-stocks-slide-as-nasdaq-golden-dragon-index-drops-2Fri, 05 Jun 2026 13:56:32 GMTThe Nasdaq China Golden Dragon Index fell over 2%. Baidu plunged 7%, while NIO dropped nearly 4%, and XPeng and Tiger Brokers each lost over 3%. https://jingpost.com/wire/industrial-bank-issues-40-billion-yuan-in-subordinated-capital-bondshttps://jingpost.com/wire/industrial-bank-issues-40-billion-yuan-in-subordinated-capital-bondsFri, 05 Jun 2026 12:09:20 GMTIndustrial Bank has raised 40 billion yuan through a 10-year subordinated capital bond issuance in the interbank market. The second tranche of 2026 bonds was completed on June 5. https://jingpost.com/wire/china-zheshang-bank-to-abolish-board-of-supervisors-by-june-2026https://jingpost.com/wire/china-zheshang-bank-to-abolish-board-of-supervisors-by-june-2026Fri, 05 Jun 2026 12:07:47 GMTChina Zheshang Bank will dissolve its board of supervisors effective June 4, 2026. The board's audit committee will take over all supervisory duties required by law. https://jingpost.com/wire/china-everbright-bank-gets-regulatory-nod-for-deputy-president-compliance-chiefhttps://jingpost.com/wire/china-everbright-bank-gets-regulatory-nod-for-deputy-president-compliance-chiefFri, 05 Jun 2026 12:04:25 GMTChina Everbright Bank's appointment of Yang Wenhua as deputy president and chief compliance officer has been approved by the National Financial Regulatory Administration. The approval was announced on June 5. https://jingpost.com/wire/jinlong-shares-faces-499m-yuan-loan-recall-hitting-dongguan-securities-ipohttps://jingpost.com/wire/jinlong-shares-faces-499m-yuan-loan-recall-hitting-dongguan-securities-ipoFri, 05 Jun 2026 11:59:50 GMTJinlong Shares disclosed a 499 million yuan loan recall from Ping An Bank. The demand adds uncertainty to Dongguan Securities' IPO plans. https://jingpost.com/wire/zheshang-bank-gets-regulator-nod-for-revised-articles-of-associationhttps://jingpost.com/wire/zheshang-bank-gets-regulator-nod-for-revised-articles-of-associationFri, 05 Jun 2026 11:40:03 GMTZheshang Bank received approval from the National Financial Regulatory Administration on March 4 for its updated corporate charter. The revised articles have taken effect immediately. https://jingpost.com/wire/china-everbright-bank-gets-regulatory-nod-for-yang-wenhua-as-vp-and-compliance-chiefhttps://jingpost.com/wire/china-everbright-bank-gets-regulatory-nod-for-yang-wenhua-as-vp-and-compliance-chiefFri, 05 Jun 2026 11:39:08 GMTChina Everbright Bank has received regulatory approval for Yang Wenhua to serve as vice president and chief compliance officer. The National Financial Regulatory Administration cleared the appointment on June 2, 2026. https://jingpost.com/wire/hong-kong-stocks-slide-hang-seng-down-1-15-tech-index-drops-1-75https://jingpost.com/wire/hong-kong-stocks-slide-hang-seng-down-1-15-tech-index-drops-1-75Fri, 05 Jun 2026 08:10:20 GMTLarge model concept stocks plunged, with MINIMAX sinking 16% and Zhipu AI falling 9%. Semiconductor and memory sectors weakened, dragging Hua Hong, SMIC, and Montage Technology down 7-9%. https://jingpost.com/wire/hong-kong-stocks-slump-hang-seng-index-breaches-25-000-tech-index-down-1-75https://jingpost.com/wire/hong-kong-stocks-slump-hang-seng-index-breaches-25-000-tech-index-down-1-75Fri, 05 Jun 2026 08:08:17 GMTHong Kong's three major indices fell on June 5, with the Hang Seng Index closing 1.15% lower at 24,961.95. Tech stocks led declines, while mainland bank stocks gained. https://jingpost.com/wire/china-state-council-task-force-probes-shuanghui-antibiotic-breachhttps://jingpost.com/wire/china-state-council-task-force-probes-shuanghui-antibiotic-breachFri, 05 Jun 2026 08:00:00 GMTBeijing has formed a cross-agency team to investigate excessive antibiotics in Wangkui Shuanghui pork. The group includes public security, agriculture, and market regulators. https://jingpost.com/wire/yuanli-lingji-merges-with-atomix-closes-strategic-round-from-zhipu-stepfun-sensetimehttps://jingpost.com/wire/yuanli-lingji-merges-with-atomix-closes-strategic-round-from-zhipu-stepfun-sensetimeFri, 05 Jun 2026 07:44:07 GMTEmbodied intelligence firm Yuanli Lingji acquired logistics robotics company Atomix via equity swap and secured a new strategic financing round. Investors include Zhipu, StepFun, and SenseTime. https://jingpost.com/wire/tencent-cloud-ai-conference-dowson-tong-defends-hiring-of-ai-expert-yao-shunyuhttps://jingpost.com/wire/tencent-cloud-ai-conference-dowson-tong-defends-hiring-of-ai-expert-yao-shunyuFri, 05 Jun 2026 07:36:04 GMTAt the 2026 Tencent Cloud AI Industry Application Conference in Beijing, CSIG CEO Dowson Tong explained why Tencent recruited Yao Shunyu. Tong credited Yao with transforming Tencent's AI approach, particularly for Yuanbao and Hunyuan. https://jingpost.com/wire/huawei-cloud-ceo-ai-scale-demands-cloud-most-innovation-happens-therehttps://jingpost.com/wire/huawei-cloud-ceo-ai-scale-demands-cloud-most-innovation-happens-thereFri, 05 Jun 2026 07:34:52 GMTZhou Yuefeng said AI progress requires scale, which makes cloud essential. He noted 80-90% of AI innovation now occurs on cloud platforms. https://jingpost.com/wire/indonesia-central-bank-drafts-rules-for-expanded-mandatehttps://jingpost.com/wire/indonesia-central-bank-drafts-rules-for-expanded-mandateFri, 05 Jun 2026 06:47:12 GMTBank Indonesia is crafting regulations to align with its broader responsibilities. The move follows a recent law expanding the central bank's role beyond monetary policy. https://jingpost.com/wire/tencent-cloud-s-tokenhub-daily-token-consumption-surpasses-5-trillion-doubling-monthly-since-launchhttps://jingpost.com/wire/tencent-cloud-s-tokenhub-daily-token-consumption-surpasses-5-trillion-doubling-monthly-since-launchFri, 05 Jun 2026 04:11:34 GMTTokenHub, Tencent Cloud's large model service platform, has seen daily token consumption exceed 5 trillion. Gao Hang, Tencent Cloud GM, revealed the metric at today's AI conference, noting monthly doubling growth since its launch three months ago. https://jingpost.com/wire/tencent-ai-execs-clash-over-pace-of-ai-development-at-cloud-conferencehttps://jingpost.com/wire/tencent-ai-execs-clash-over-pace-of-ai-development-at-cloud-conferenceFri, 05 Jun 2026 03:56:32 GMTAt the 2026 Tencent Cloud AI Industry Conference, Tang Daosheng questioned if Tencent AI is moving too slowly. Chief AI Scientist Yao Shunyu deflected, then offered his own answer. https://jingpost.com/wire/beijing-bourse-index-surges-7-glass-substrate-6g-stocks-lead-rallyhttps://jingpost.com/wire/beijing-bourse-index-surges-7-glass-substrate-6g-stocks-lead-rallyFri, 05 Jun 2026 03:30:53 GMTChina's major indexes were mixed at midday, with the Beijing Stock Exchange 50 Index jumping over 7%. Glass substrate and 6G concept stocks hit daily limits, while power stocks declined. https://jingpost.com/wire/china-exim-bank-sells-6-bln-yuan-3-year-bonds-at-1-3903https://jingpost.com/wire/china-exim-bank-sells-6-bln-yuan-3-year-bonds-at-1-3903Fri, 05 Jun 2026 03:12:00 GMTThe Export-Import Bank of China priced 6 billion yuan of 3-year bonds at 1.3903%, below the 1.4000% forecast. Bid-to-cover ratio hit 3.43 times, indicating strong demand. https://jingpost.com/wire/tencent-says-ai-now-writes-most-of-its-code-this-yearhttps://jingpost.com/wire/tencent-says-ai-now-writes-most-of-its-code-this-yearFri, 05 Jun 2026 02:49:15 GMTTencent's senior EVP Tang Daosheng revealed at a June 5 conference that AI generates the majority of the company's code in 2025. Engineers are shifting focus to architecture and oversight. https://jingpost.com/wire/jpmorgan-boosts-xpeng-stake-with-hkd-73-5-million-share-purchasehttps://jingpost.com/wire/jpmorgan-boosts-xpeng-stake-with-hkd-73-5-million-share-purchaseFri, 05 Jun 2026 00:12:52 GMTJPMorgan acquired 1.09 million XPeng shares at HKD 67.54 each on June 1. The purchase raised its total holding to about 110 million shares. https://jingpost.com/wire/eastroc-beverage-chairman-lin-muqin-adds-55-300-shares-at-hkd-143-67https://jingpost.com/wire/eastroc-beverage-chairman-lin-muqin-adds-55-300-shares-at-hkd-143-67Fri, 05 Jun 2026 00:09:43 GMTLin Muqin bought 55,300 Eastroc Beverage shares on June 1 at HKD 143.67 each, spending about HKD 7.94 million. The purchase lifts his stake in the Hong Kong-listed firm. https://jingpost.com/wire/china-ramps-up-sovereign-and-policy-bank-bond-issuancehttps://jingpost.com/wire/china-ramps-up-sovereign-and-policy-bank-bond-issuanceFri, 05 Jun 2026 00:00:00 GMTBeijing is accelerating the sale of government and policy bank bonds. The move aims to inject liquidity and support fiscal spending. https://jingpost.com/wire/anthropic-urges-global-halt-to-ai-development-cites-verification-hurdleshttps://jingpost.com/wire/anthropic-urges-global-halt-to-ai-development-cites-verification-hurdlesThu, 04 Jun 2026 23:47:00 GMTAnthropic calls for a coordinated pause in AI development across the US and China. The company says a real halt requires verifiable rules and simultaneous agreement from major players. https://jingpost.com/wire/bank-wealth-managers-churn-out-same-products-under-series-numbershttps://jingpost.com/wire/bank-wealth-managers-churn-out-same-products-under-series-numbersThu, 04 Jun 2026 22:54:28 GMTChinese banks issue identical wealth management products in numbered series to manage returns. Many tranches share the same investment strategy and distribution channel. https://jingpost.com/wire/china-adr-index-slips-0-5-ev-stocks-drag-baidu-rises-1-6https://jingpost.com/wire/china-adr-index-slips-0-5-ev-stocks-drag-baidu-rises-1-6Thu, 04 Jun 2026 20:00:20 GMTThe Nasdaq Golden Dragon China Index closed down 0.5%. 21Vianet fell 5.8%, while XPeng and Li Auto each dropped over 2.8%. Baidu gained 1.6%. https://jingpost.com/wire/ai-pcs-to-make-up-more-than-half-of-sales-in-2026-says-asus-cohttps://jingpost.com/wire/ai-pcs-to-make-up-more-than-half-of-sales-in-2026-says-asus-coThu, 04 Jun 2026 09:31:22 GMTAsus expects artificial intelligence-enabled personal computers to account for more than half of its PC sales in 2026, putting the Taiwanese hardware group among the companies betting that AI will become a mainstream device feature. https://jingpost.com/wire/greater-china-real-estate-development-draws-business-attentionhttps://jingpost.com/wire/greater-china-real-estate-development-draws-business-attentionThu, 04 Jun 2026 08:41:57 GMTCCCC Real Estate said Wang Yao resigned as director, chairman and from other company roles, leaving the developer with a fresh governance question during a difficult property cycle. https://jingpost.com/wire/hong-kong-semiconductors-development-draws-business-attentionhttps://jingpost.com/wire/hong-kong-semiconductors-development-draws-business-attentionThu, 04 Jun 2026 08:09:44 GMTHong Kong equities closed lower, with technology and battery names under pressure even as selected semiconductor shares held up better than the broader market. https://jingpost.com/wire/more-us-firms-turn-to-china-s-deepseek-over-pricey-silicon-valley-aihttps://jingpost.com/wire/more-us-firms-turn-to-china-s-deepseek-over-pricey-silicon-valley-aiThu, 04 Jun 2026 07:00:10 GMTChinese artificial intelligence start-up DeepSeek took the top spot on a major US business spending index in June, surging as more companies swap out expensive American options like OpenAI and Anthropic in favour of more affordable alternatives. https://jingpost.com/wire/trump-orders-us-customs-to-crack-down-on-tariff-cheatshttps://jingpost.com/wire/trump-orders-us-customs-to-crack-down-on-tariff-cheatsThu, 04 Jun 2026 05:00:00 GMTForeign companies that bring goods into the US will also face stricter compliance requirements. https://jingpost.com/wire/siam-gas-anticipates-over-10-sales-growthhttps://jingpost.com/wire/siam-gas-anticipates-over-10-sales-growthThu, 04 Jun 2026 01:25:00 GMTSiam Gas and Petrochemicals Plc, Thailand’s second-largest LPG trader by volume, is betting that domestic demand will shrug off a global price shock. https://jingpost.com/wire/a-chinese-robotics-start-up-beat-nvidia-on-a-global-ai-ranking-is-a-new-tech-war-brewinghttps://jingpost.com/wire/a-chinese-robotics-start-up-beat-nvidia-on-a-global-ai-ranking-is-a-new-tech-war-brewingThu, 04 Jun 2026 01:00:08 GMTAs artificial intelligence steps out of the digital realm and into the real world, the race to build the embodied “brains” powering next-generation robots has become the newest battleground in tech competition between China and the United States. https://jingpost.com/wire/scb-x-tempers-gen-2-growth-ambitionshttps://jingpost.com/wire/scb-x-tempers-gen-2-growth-ambitionsThu, 04 Jun 2026 00:18:00 GMTSCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), expects to maintain single-digit loan growth for its Gen 2 businesses under a cautious strategy despite their strong growth potential. https://jingpost.com/wire/yip-in-tsoi-banking-on-major-rejighttps://jingpost.com/wire/yip-in-tsoi-banking-on-major-rejigWed, 03 Jun 2026 23:02:00 GMTYip In Tsoi Group, the century-old Thai conglomerate that built its reputation on trust and stability, is now betting its future on agility. https://jingpost.com/wire/hong-kong-launches-deepseek-based-ai-model-designed-to-run-on-domestic-chipshttps://jingpost.com/wire/hong-kong-launches-deepseek-based-ai-model-designed-to-run-on-domestic-chipsWed, 03 Jun 2026 13:00:11 GMTThe Hong Kong Generative AI Research and Development Centre has officially launched a new large language model built on DeepSeek’s architecture, designed specifically to run on domestic Chinese chips. https://jingpost.com/wire/france-hits-shein-with-22-million-euros-in-new-fines-over-consumer-violationshttps://jingpost.com/wire/france-hits-shein-with-22-million-euros-in-new-fines-over-consumer-violationsWed, 03 Jun 2026 12:15:27 GMTFrench authorities said Wednesday that they had imposed two fines on Shein totalling more than 22 million euros (US$25.5 million), citing problems with product traceability, environmental labelling and delivery times. https://jingpost.com/wire/from-fried-chicken-to-flight-plans-alibaba-wants-qwen-to-become-china-s-digital-fixerhttps://jingpost.com/wire/from-fried-chicken-to-flight-plans-alibaba-wants-qwen-to-become-china-s-digital-fixerWed, 03 Jun 2026 12:00:06 GMTIn its latest bid to dominate China’s next-generation digital gateway, Alibaba Group Holding is opening its Qwen AI assistant to major brands, allowing users to order everything from fried chicken to bubble tea through simple conversation. https://jingpost.com/wire/deepseek-nears-us-7b-haul-in-first-ever-funding-round-with-backing-from-tencent-catlhttps://jingpost.com/wire/deepseek-nears-us-7b-haul-in-first-ever-funding-round-with-backing-from-tencent-catlWed, 03 Jun 2026 09:00:41 GMT4 billion) at a valuation just shy of US$60 billion. The Chinese artificial intelligence start-up, which stunned global markets last year with its low-cost, high-performance open-source models, is now turning to outside capital for the first time. https://jingpost.com/wire/will-china-pay-for-ai-bytedance-s-doubao-loses-6-million-users-after-subscription-planhttps://jingpost.com/wire/will-china-pay-for-ai-bytedance-s-doubao-loses-6-million-users-after-subscription-planWed, 03 Jun 2026 05:59:48 GMTByteDance risks throwing away its lead in China’s fierce market for consumer artificial intelligence by monetising too early, according to analysts, after its flagship chatbot Doubao shed millions of users following a sneak peek at paid-subscription tiers. https://jingpost.com/wire/deepseek-slated-to-draw-9-5-billion-in-first-fund-raising-sources-sayhttps://jingpost.com/wire/deepseek-slated-to-draw-9-5-billion-in-first-fund-raising-sources-sayWed, 03 Jun 2026 05:11:00 GMTTencent, CATL are set to become the largest external investors, sources say. https://jingpost.com/wire/over-90-of-hong-kong-organisations-use-ai-tools-despite-training-and-policy-gaps-survey-findshttps://jingpost.com/wire/over-90-of-hong-kong-organisations-use-ai-tools-despite-training-and-policy-gaps-survey-findsWed, 03 Jun 2026 04:48:12 GMTMore than 90 per cent of Hong Kong companies, schools, and NGOs have incorporated artificial intelligence (AI) into their workflows, according to a survey. https://jingpost.com/wire/tiktok-billionaire-zhang-yiming-usurps-mukesh-ambani-as-asia-s-second-richest-personhttps://jingpost.com/wire/tiktok-billionaire-zhang-yiming-usurps-mukesh-ambani-as-asia-s-second-richest-personWed, 03 Jun 2026 01:48:00 GMTThe ByteDance co-founder's net worth has climbed to $118.7 billion. https://jingpost.com/wire/trump-s-ai-order-seeks-security-safeguards-without-slowing-race-with-chinahttps://jingpost.com/wire/trump-s-ai-order-seeks-security-safeguards-without-slowing-race-with-chinaTue, 02 Jun 2026 20:06:12 GMTDonald Trump signed a long-awaited executive order on artificial intelligence Tuesday, asking technology companies to voluntarily share advanced models before release. https://jingpost.com/wire/us-1b-windfall-how-meituan-s-bets-on-ai-robotics-outshine-quarterly-losshttps://jingpost.com/wire/us-1b-windfall-how-meituan-s-bets-on-ai-robotics-outshine-quarterly-lossTue, 02 Jun 2026 13:00:12 GMTMeituan is set to reap a sizeable financial windfall from its investments in frontier tech – including in fast-rising artificial intelligence company Zhipu AI – offering the Chinese food-delivery giant a timely boost after consecutive loss-making quarters. https://jingpost.com/wire/mapletree-bets-big-on-warehouses-logistics-parks-across-asia-to-boost-growthhttps://jingpost.com/wire/mapletree-bets-big-on-warehouses-logistics-parks-across-asia-to-boost-growthTue, 02 Jun 2026 11:20:53 GMTThe move comes as the company saw its assets under management and recurring income from fees fall in FY2026. https://jingpost.com/wire/alibaba-elevates-tech-chief-wu-zeming-to-elite-committee-as-ai-push-ramps-uphttps://jingpost.com/wire/alibaba-elevates-tech-chief-wu-zeming-to-elite-committee-as-ai-push-ramps-upTue, 02 Jun 2026 11:00:11 GMTAlibaba Group Holding chief technology officer (CTO) Wu Zeming has joined the company’s elite steering committee, joining co-founders Jack Ma and Joe Tsai in playing a central role in formulating the tech empire’s strategy. https://jingpost.com/wire/why-hong-kong-is-now-the-launch-pad-for-mainland-china-s-ai-championshttps://jingpost.com/wire/why-hong-kong-is-now-the-launch-pad-for-mainland-china-s-ai-championsTue, 02 Jun 2026 10:00:15 GMTHong Kong has become the unexpected proving ground for mainland China’s most ambitious artificial intelligence companies, upending a decades-old dual-listing convention. https://jingpost.com/wire/competition-in-pc-chips-from-nvidia-a-good-thing-says-intelhttps://jingpost.com/wire/competition-in-pc-chips-from-nvidia-a-good-thing-says-intelTue, 02 Jun 2026 09:10:00 GMTThe comments come a day after Nvidia unveiled a chip aimed at modernising personal computers for the AI era. https://jingpost.com/wire/bytedance-loses-key-ai-research-leader-behind-seed-models-amid-monetisation-pushhttps://jingpost.com/wire/bytedance-loses-key-ai-research-leader-behind-seed-models-amid-monetisation-pushTue, 02 Jun 2026 08:01:21 GMTA renowned artificial intelligence researcher who spearheaded foundational AI research for TikTok owner ByteDance has announced his departure from the company. https://jingpost.com/wire/huawei-to-hold-the-line-as-memory-price-surge-hits-china-s-smartphone-makers-reporthttps://jingpost.com/wire/huawei-to-hold-the-line-as-memory-price-surge-hits-china-s-smartphone-makers-reportTue, 02 Jun 2026 06:18:08 GMTThe math of smartphone pricing in China is turning brutal. Memory chip costs, which have climbed sharply over the past year, are now forcing handset makers into a corner they have not faced since the pandemic rattled supply chains. https://jingpost.com/wire/tencent-shares-jump-10-on-expectations-of-ai-agent-within-wechat-super-apphttps://jingpost.com/wire/tencent-shares-jump-10-on-expectations-of-ai-agent-within-wechat-super-appTue, 02 Jun 2026 05:45:29 GMTShares of Tencent Holdings surged 10 per cent on Tuesday, driven by investor optimism over reports that the Chinese tech giant is close to launching an artificial intelligence agent within its super app WeChat. https://jingpost.com/wire/huge-state-subsidies-give-china-unfair-edge-over-foreign-rivals-oecd-sayshttps://jingpost.com/wire/huge-state-subsidies-give-china-unfair-edge-over-foreign-rivals-oecd-saysTue, 02 Jun 2026 04:35:47 GMTChinese companies in 15 key industrial sectors received vastly more state support than their international competitors between 2005 and 2024, according to an OECD report released on Monday. https://jingpost.com/wire/china-s-saic-plans-to-build-first-eu-car-plant-in-spain-s-galiciahttps://jingpost.com/wire/china-s-saic-plans-to-build-first-eu-car-plant-in-spain-s-galiciaMon, 01 Jun 2026 20:28:46 GMTChina’s SAIC Motor plans to set ⁠up a car ⁠factory in Spain’s ⁠northwestern region of Galicia that would be its first production facility in the European Union, the regional government said on Monday. https://jingpost.com/wire/akeso-lung-cancer-drug-shines-in-trials-boosting-hopes-in-us-20b-markethttps://jingpost.com/wire/akeso-lung-cancer-drug-shines-in-trials-boosting-hopes-in-us-20b-marketMon, 01 Jun 2026 10:49:08 GMTAkeso’s ivonescimab has delivered another blow to the established order in oncology. The Chinese biotech announced Monday that its phase three trial showed the drug reduced the risk of death by 34% in patients with squamous non-small cell lung cancer, a particularly aggressive form strongly linked to smoking. https://jingpost.com/wire/unitree-clears-key-hurdle-to-shanghai-ipo-as-china-s-humanoid-robot-wave-gathers-pacehttps://jingpost.com/wire/unitree-clears-key-hurdle-to-shanghai-ipo-as-china-s-humanoid-robot-wave-gathers-paceMon, 01 Jun 2026 09:17:28 GMTUnitree Robotics, one of the leading forces in mainland China’s booming humanoid robot sector, has cleared a major hurdle for its highly anticipated initial public offering (IPO) after passing a listing committee hearing on Monday. https://jingpost.com/wire/meituan-reports-third-consecutive-quarterly-loss-as-rivalry-in-food-delivery-hits-marginshttps://jingpost.com/wire/meituan-reports-third-consecutive-quarterly-loss-as-rivalry-in-food-delivery-hits-marginsMon, 01 Jun 2026 09:14:28 GMTChinese food and on-demand delivery giant Meituan reported its third consecutive quarterly loss as competition in the country’s food delivery market appears to be easing but broader rivalry across the local service sector continues to weigh on margins. https://jingpost.com/wire/china-index-reshuffle-to-entrench-tech-trades-and-boost-ai-rally-brokerageshttps://jingpost.com/wire/china-index-reshuffle-to-entrench-tech-trades-and-boost-ai-rally-brokeragesMon, 01 Jun 2026 09:00:06 GMTA semi-annual reshuffle of key gauges tracking China’s yuan-denominated stocks is set to boost the representation of technology companies, a move expected to lure more inflows and further increase the sector’s appeal, according to investment banks. https://jingpost.com/wire/minimax-debuts-ai-model-built-for-long-and-complex-coding-taskshttps://jingpost.com/wire/minimax-debuts-ai-model-built-for-long-and-complex-coding-tasksMon, 01 Jun 2026 06:57:32 GMTChinese artificial intelligence start-up MiniMax has unveiled its latest flagship AI model, M3, designed to anchor the company’s push into coding agents and automated workflows. https://jingpost.com/wire/nvidia-unitree-and-sharpa-unite-to-design-humanoid-robot-that-can-perform-real-workhttps://jingpost.com/wire/nvidia-unitree-and-sharpa-unite-to-design-humanoid-robot-that-can-perform-real-workMon, 01 Jun 2026 05:30:25 GMTNvidia has pulled together an unlikely trio to push humanoid robots off the drawing board and onto the factory floor. https://jingpost.com/wire/beyond-nvidia-how-us-export-curbs-are-forcing-china-to-redesign-its-ai-chip-industryhttps://jingpost.com/wire/beyond-nvidia-how-us-export-curbs-are-forcing-china-to-redesign-its-ai-chip-industryMon, 01 Jun 2026 02:00:16 GMTUnder the weight of sustained US export controls on advanced semiconductors, China’s AI chipmakers are battling to forge a self-reliant silicon ecosystem capable of breaking Nvidia’s stranglehold on the market. https://jingpost.com/wire/us-takes-step-to-halt-nvidia-ai-chip-shipments-to-chinese-overseas-subsidiarieshttps://jingpost.com/wire/us-takes-step-to-halt-nvidia-ai-chip-shipments-to-chinese-overseas-subsidiariesSun, 31 May 2026 21:46:33 GMTThe US Department of Commerce moved Sunday to close a loophole that for the past year allowed Chinese companies to buy the world’s most advanced AI chips through their overseas subsidiaries. https://jingpost.com/wire/ai-firm-minimax-prepares-for-mainland-china-listing-after-shares-surge-in-hong-konghttps://jingpost.com/wire/ai-firm-minimax-prepares-for-mainland-china-listing-after-shares-surge-in-hong-kongSun, 31 May 2026 08:15:23 GMTMiniMax Group, the Chinese artificial intelligence model company, has officially kicked off plans to sell shares in mainland China. https://jingpost.com/wire/is-huawei-s-new-chip-scaling-law-a-true-breakthrough-or-mere-hypehttps://jingpost.com/wire/is-huawei-s-new-chip-scaling-law-a-true-breakthrough-or-mere-hypeSat, 30 May 2026 03:00:11 GMTMicrochip development has always been a race to build smaller and smaller transistors – the fundamental components of chip circuits. https://jingpost.com/wire/chip-boom-powers-hong-kong-stock-exchange-at-40-innovation-resilience-set-next-stagehttps://jingpost.com/wire/chip-boom-powers-hong-kong-stock-exchange-at-40-innovation-resilience-set-next-stageSat, 30 May 2026 02:00:09 GMTStepping into the former trading hall in Exchange Square on Thursday was like walking through a doorway into the 1980s. https://jingpost.com/wire/alibaba-ai-voice-model-cracks-top-5-globally-outperforming-us-rivals-in-regional-accentshttps://jingpost.com/wire/alibaba-ai-voice-model-cracks-top-5-globally-outperforming-us-rivals-in-regional-accentsFri, 29 May 2026 11:00:05 GMTA new artificial intelligence voice model from Alibaba Group Holding has beaten out Western rivals OpenAI and xAI on a major global benchmark, underscoring its technical edge in capturing complex Chinese dialects and accents. https://jingpost.com/wire/alibaba-tencent-xiaomi-shares-slide-despite-ai-rallyhttps://jingpost.com/wire/alibaba-tencent-xiaomi-shares-slide-despite-ai-rallyFri, 29 May 2026 05:10:53 GMTChinese tech giants see stock declines as AI spending spooks investors. Market doubts near-term returns from heavy capital outlays. https://jingpost.com/wire/alibaba-tencent-xiaomi-stocks-slide-despite-ai-rally-on-profit-taking-valuation-concernshttps://jingpost.com/wire/alibaba-tencent-xiaomi-stocks-slide-despite-ai-rally-on-profit-taking-valuation-concernsFri, 29 May 2026 05:03:00 GMTShares of China's tech giants fell as investors booked profits from recent AI-driven gains. Overvaluation fears and a lack of fresh catalysts also weighed on sentiment. https://jingpost.com/wire/why-mulerun-could-be-the-next-craze-new-alibaba-ai-agent-platform-promises-safer-adoptionhttps://jingpost.com/wire/why-mulerun-could-be-the-next-craze-new-alibaba-ai-agent-platform-promises-safer-adoptionThu, 28 May 2026 13:00:06 GMTA new Chinese artificial intelligence agent platform is looking to replicate the “lobster craze” sparked by AI agent tool OpenClaw earlier this year, while avoiding some of the privacy and security risks associated with the open-source software. https://jingpost.com/wire/alibaba-tencent-lead-pivot-from-chatbots-to-embodied-ai-for-roboticshttps://jingpost.com/wire/alibaba-tencent-lead-pivot-from-chatbots-to-embodied-ai-for-roboticsThu, 28 May 2026 11:00:10 GMTChinese tech companies are racing to deploy artificial intelligence models into robots, shifting the battleground for generative AI from digital chatbots to physical autonomous systems. https://jingpost.com/wire/china-s-minimax-records-1-million-client-base-fivefold-growth-in-half-a-yearhttps://jingpost.com/wire/china-s-minimax-records-1-million-client-base-fivefold-growth-in-half-a-yearThu, 28 May 2026 09:00:05 GMTMiniMax, the Chinese artificial intelligence company, announced that its global enterprise and developer client base has surged fivefold in the past six months, crossing the one-million mark. https://jingpost.com/wire/peking-university-unveils-3d-design-tool-to-power-huawei-s-chip-ambitionshttps://jingpost.com/wire/peking-university-unveils-3d-design-tool-to-power-huawei-s-chip-ambitionsWed, 27 May 2026 14:00:10 GMTResearchers at Peking University have claimed a breakthrough in microchip design software, purportedly offering critical support to Huawei Technologies as the tech giant attempts to build cutting-edge semiconductors despite US-led trade restrictions. https://jingpost.com/wire/china-s-drug-regulator-clears-wave-of-home-grown-innovative-medicines-amid-biotech-boomhttps://jingpost.com/wire/china-s-drug-regulator-clears-wave-of-home-grown-innovative-medicines-amid-biotech-boomWed, 27 May 2026 13:00:08 GMTHome-grown innovative drugs make up most of the medicines China’s drug regulator has approved for sale so far this year, underscoring the country’s biotech boom. https://jingpost.com/wire/alibaba-s-new-ai-model-scores-higher-than-openai-google-rivals-in-coding-rankinghttps://jingpost.com/wire/alibaba-s-new-ai-model-scores-higher-than-openai-google-rivals-in-coding-rankingWed, 27 May 2026 10:00:15 GMTAlibaba Group Holding’s latest artificial intelligence model has clinched a top-tier spot on a major global coding leaderboard, making the Chinese technology giant the only developer other than Anthropic to break into the ranking’s top five spots. https://jingpost.com/wire/huawei-seeks-to-match-best-chips-without-best-chipmaking-gearhttps://jingpost.com/wire/huawei-seeks-to-match-best-chips-without-best-chipmaking-gearWed, 27 May 2026 09:13:54 GMTChinese tech giant Huawei Technologies said it had found a way to make semiconductors on a par with the best worldwide without having to use cutting-edge chipmaking equipment it is unable to access due to US sanctions. https://jingpost.com/wire/kuaishou-beats-estimates-as-kling-ai-video-generator-s-revenue-jumps-300https://jingpost.com/wire/kuaishou-beats-estimates-as-kling-ai-video-generator-s-revenue-jumps-300Wed, 27 May 2026 09:00:09 GMTChinese short-video company Kuaishou Technology beat estimates with 33.7 billion yuan (US$5 billion) in revenue in the first quarter, driven by the rapid commercialisation of its flagship artificial intelligence video generator, Kling AI. https://jingpost.com/wire/the-final-frontier-china-just-showed-off-its-world-beating-ev-battery-tech-as-catl-byd-and-sunwoda-battle-to-take-charging-times-down-to-only-five-minutes-to-remove-the-last-barrier-to-electric-adoptihttps://jingpost.com/wire/the-final-frontier-china-just-showed-off-its-world-beating-ev-battery-tech-as-catl-byd-and-sunwoda-battle-to-take-charging-times-down-to-only-five-minutes-to-remove-the-last-barrier-to-electric-adoptiSat, 02 May 2026 07:00:00 GMT'The final frontier': China just showed off its world-beating EV battery tech — as CATL, BYD and Sunwoda battle to take charging times down to only five minutes to remove the last barrier to electric adoption TechRadar https://jingpost.com/wire/china-s-new-supply-chain-security-regulations-what-are-the-risks-to-foreign-companieshttps://jingpost.com/wire/china-s-new-supply-chain-security-regulations-what-are-the-risks-to-foreign-companiesMon, 20 Apr 2026 07:00:00 GMTChina’s New Supply Chain Security Regulations: What Are the Risks to Foreign Companies? https://jingpost.com/wire/poland-fines-temu-1-7-million-over-misleading-discountshttps://jingpost.com/wire/poland-fines-temu-1-7-million-over-misleading-discountsThu, 15 Jan 2026 08:00:00 GMTPoland Fines Temu $1.7 Million Over Misleading Discounts Caixin Global https://jingpost.com/wire/nio-and-catl-deepen-battery-swap-alliance-as-sodium-ion-ev-rollout-nearshttps://jingpost.com/wire/nio-and-catl-deepen-battery-swap-alliance-as-sodium-ion-ev-rollout-nearsTue, 06 Jan 2026 08:00:00 GMTNio and CATL deepen battery swap alliance as sodium-ion EV rollout nears Mugglehead Investment Magazine https://jingpost.com/wire/asia-pacific-embedded-finance-market-to-2030-e-commerce-and-fintech-giants-drive-expansionhttps://jingpost.com/wire/asia-pacific-embedded-finance-market-to-2030-e-commerce-and-fintech-giants-drive-expansionWed, 26 Nov 2025 08:00:00 GMTA new report forecasts growth in Asia Pacific embedded finance through 2030. Key players include Pine Labs, Akulaku, Alibaba, and Grab. https://jingpost.com/wire/alibaba-cloud-revenue-jumps-34-as-ai-demand-accelerateshttps://jingpost.com/wire/alibaba-cloud-revenue-jumps-34-as-ai-demand-acceleratesTue, 25 Nov 2025 08:00:00 GMTAlibaba's cloud unit posted a 34% revenue surge, fueled by rising AI adoption. The growth marks a sharp acceleration from previous quarters. https://jingpost.com/wire/jensen-huang-lauds-china-s-ai-models-as-nvidia-gears-up-to-resume-chip-exportshttps://jingpost.com/wire/jensen-huang-lauds-china-s-ai-models-as-nvidia-gears-up-to-resume-chip-exportsWed, 16 Jul 2025 07:00:00 GMTJensen Huang lauds China's AI models as Nvidia gears up to resume chip exports CNBC https://jingpost.com/wire/shein-and-temu-see-massive-drop-in-daily-us-users-what-trump-s-tariff-loopholes-mean-for-themhttps://jingpost.com/wire/shein-and-temu-see-massive-drop-in-daily-us-users-what-trump-s-tariff-loopholes-mean-for-themWed, 18 Jun 2025 07:00:00 GMTSHEIN and Temu See Massive Drop in Daily US Users: What Trump's Tariff Loopholes Mean for Them International Business Times UK https://jingpost.com/wire/retailer-temu-s-daily-us-users-nearly-halve-following-end-of-de-minimis-loopholehttps://jingpost.com/wire/retailer-temu-s-daily-us-users-nearly-halve-following-end-of-de-minimis-loopholeWed, 04 Jun 2025 07:00:00 GMTRetailer Temu's daily US users nearly halve following end of 'de minimis' loophole https://jingpost.com/wire/huawei-invested-in-60-plus-china-chip-firms-since-us-sanctionshttps://jingpost.com/wire/huawei-invested-in-60-plus-china-chip-firms-since-us-sanctionsSat, 31 May 2025 07:00:00 GMTHuawei invested in 60-plus China chip firms since US sanctions Nikkei Asia