Greater ChinaFinancial ServicesJingpost Desk2026-06-04
SCB X tempers Gen 2 growth ambitions
SCB 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.
Editor's Note
SCB X’s cautious stance on Gen 2 lending suggests Thailand’s fintech sector is prioritizing risk control over market share amid uncertain economic conditions.
Greater ChinaAI & Machine LearningJingpost Desk2026-06-03
Yip In Tsoi banking on major rejig
Yip In Tsoi Group, the century-old Thai conglomerate that built its reputation on trust and stability, is now betting its future on agility.
Editor's Note
Yip In Tsoi’s pivot from legacy trust to agile AI services pressures older Thai conglomerates to modernize or lose enterprise clients to digital-native rivals.
Hong KongAI & Machine LearningJingpost Desk2026-06-03
Over 90% of Hong Kong organisations use AI tools despite training and policy gaps, survey finds
More than 90 per cent of Hong Kong companies, schools, and NGOs have incorporated artificial intelligence (AI) into their workflows, according to a survey.
Editor's Note
Hong Kong’s near-universal AI adoption, with weak training and policy frameworks, creates urgent compliance and security risks for the sector.
Greater ChinaMedia & EntertainmentJingpost Desk2026-06-03
TikTok billionaire Zhang Yiming usurps Mukesh Ambani as Asia’s second-richest person
The ByteDance co-founder's net worth has climbed to $118.7 billion.
Editor's Note
Zhang Yiming’s ascent over Ambani underscores how algorithmic content delivery now generates more personal wealth than India’s oil-to-telecom conglomerates.
ChinaAI & Machine LearningJingpost Desk2026-06-02
Trump’s AI order seeks security safeguards without slowing race with China
Donald Trump signed a long-awaited executive order on artificial intelligence Tuesday, asking technology companies to voluntarily share advanced models before release.
Editor's Note
Trump’s voluntary AI vetting buys Washington oversight without imposing hard limits, but leaves US firms racing China still setting their own pace.
Greater ChinaAI & Machine LearningJingpost Desk2026-06-02
Alibaba elevates tech chief Wu Zeming to elite committee as AI push ramps up
Alibaba 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.
Editor's Note
Alibaba’s CTO now sits alongside founders in strategy, making AI execution a board-level priority rather than a tech function.
ChinaManufacturingJingpost Desk2026-06-02
Huge state subsidies give China unfair edge over foreign rivals, OECD says
Chinese 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.
Editor's Note
OECD data confirms Beijing’s industrial policy has created a structural subsidy gap that foreign manufacturers cannot match without equivalent state backing.
ChinaSemiconductorsJingpost Desk2026-05-31
US takes step to halt Nvidia AI chip shipments to Chinese overseas subsidiaries
The 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.
Editor's Note
The US closing the overseas subsidiary loophole forces Chinese AI firms to rely on domestic alternatives, accelerating Huawei’s chipmaking ambitions.
Greater ChinaE-commerceJingpost Desk2024-12-01
Why Temu and Shein could give Western retailers a run for their money this holiday season
Why Temu and Shein could give Western retailers a run for their money this holiday season AP News
Editor's Note
Platform competition is evolving beyond marketplace share into logistics and financial services.