Asia

12 Mar Hong Kong research centre under China Academy of Sciences launches AI tool to assist in complex brain surgery procedures

Posted at 00:30h in Asia

A Hong Kong-based research centre under the Chinese Academy of Sciences (CAS) has launched a new artificial intelligence (AI) tool to assist in complex brain surgery, even as the healthcare industry deals with an inadequate number of specialised databases for this procedure.The Centre for Artificial...

Read More

12 Mar Smart mobility transformation of Hong Kong’s transportation system is on track

Posted at 00:00h in Asia

Considering Hong Kong’s unique characteristics – a small, densely populated city with growing transport and traffic demands – the Government and stakeholders are exploring innovative technologies and learning from Mainland and overseas cities to transform Hong Kong’s transportation system.The aim is to cater to Hong...

Read More

11 Mar Hong Kong property: all eyes are on CK Asset’s Blue Coast project for ‘direction’ on housing prices

Posted at 23:00h in Asia

Last year, CK Asset surprised the market by launching its cheapest new homes in seven years. It sold all 655 units at its Coast Line II project in Yau Tong. The project was ranked second among the top-20 major new developments sold in 2023, according...

Read More

11 Mar Accelerating Hong Kong’s next wave of innovation

Posted at 16:00h in Asia

The benefits offered to facilitate this journey include workshops to enhance their capacity, mentorship by business leaders, exploratory missions to the Greater Bay Area, and various opportunities for trade promotion both locally and internationally.The programme also facilitates business matching, provides media coverage, and offers a...

Read More

11 Mar China Vanke debt downgraded to ‘junk’ status by Moody’s as liquidity concerns mount amid tumbling property sales

Posted at 14:32h in Asia

International ratings agency Moody’s has stripped state-backed property giant China Vanke of its investment-grade credit rating amid concerns over its liquidity and ability to access funding amid declining sales.Moody’s Ratings withdrew China Vanke’s “Baa3” issuer rating, replacing it with a “Ba1” corporate family rating, which...

Read More

11 Mar Baidu CEO says its AI model bests OpenAI’s GPT-4 in Imperial Chinese poetry, citing Mao Zedong poem as example

Posted at 13:30h in Asia

Baidu’s Ernie 4 artificial intelligence (AI) model, one of China’s leading large language models (LLMs), has outperformed similar technologies from US peers in generating Chinese texts such as those in the style of Imperial Chinese poetry, according to Robin Li Yanhong, co-founder and CEO of...

Read More

11 Mar Electric cars: Xpeng aims to launch its first right-hand drive model in Hong Kong, Southeast Asia this year amid global push

Posted at 13:00h in Asia

Chinese electric vehicle (EV) maker Xpeng plans to launch its first right-hand drive model in the second half of this year as it accelerates its push to go global, targeting markets such as Hong Kong and Southeast Asia.He Xiaopeng, co-founder and CEO of the Guangzhou-based...

Read More

11 Mar TikTok gets thumbs up in China for ‘tough stance’ against US lawmakers pushing new effort to ban the ByteDance app

Posted at 12:30h in Asia

ByteDance, the Chinese tech unicorn that is again facing a US ban of its flagship TikTok app unless it divests, has earned a “thumbs up” at home after rallying its young users against the legislation in an effort mirroring some of the more aggressive tactics...

Read More

11 Mar China’s nationalists put water firm Nongfu Spring under fire, dousing private sector’s flickering confidence

Posted at 12:00h in Asia

China’s drinks giant Nongfu Spring, the country’s largest bottled water producer, has become the latest target in a series of attack campaigns from an increasingly vocal constituency of nationalists online, prompting concerns over what effect this group may have on an already fragile private sector.The...

Read More

11 Mar Apple supplier Luxshare Precision tries to shake off contract manufacturer tag and become a solutions provider

Posted at 11:00h in Asia

Luxshare Precision Industry, a key Apple supplier, is repositioning itself as a solutions provider instead of a contract manufacturer for big brands, according to its chairwoman.Wang Laichun, the 57-year-old low profile founder and chairwoman of Luxshare, said in an interview on the sidelines of China’s...

Read More