December 30, 2024
China's Evolving Auto Industry
Join us for an insightful discussion with Paul Gong, UBS Head of China Autos Research, as we delve into the unfolding drama of China's auto industry. We'll be exploring the surge in electric vehicles (EVs) in China, the challenges this presents to overseas automakers, and the cutthroat competition it has ignited among native Chinese EV manufacturers.
December 30, 2024
Chinese AI Titan Skyrockets Amid Self-Sufficiency Drive
Cambricon, a leading AI chip producer from China, has seen an impressive 383% surge on the Shanghai Stock Exchange, topping the CSI 300 Index. This thrust has boosted its market valuation to a staggering US$37 billion, reflecting China's intensified push towards technological self-sufficiency.
December 29, 2024
China's Innovative Initiative for 2025 Growth
China unveils a unique strategy for 2025 economic expansion with the establishment of a new division, the Low-altitude Economy Development Division. This move by the nation's leading planning body demonstrates a rare concentration on a particular industry.
December 29, 2024
Meituan Halts Late Delivery Fines
Amid a regulatory crackdown on algorithm misuse, Meituan is cancelling its late delivery penalties. This move forms part of the company's extensive algorithm alterations, which dictate a range of operational processes for its delivery personnel.
December 29, 2024
Meituan Ends Late-Delivery Fines
In response to a regulatory clampdown on algorithm misuse, Meituan is revising its policy, putting an end to penalties for late deliveries. This move is part of a broader overhaul of the company's algorithms, which dictate a range of operational processes for their delivery personnel.
December 28, 2024
OpenAI's Exciting Transition
OpenAI, the mastermind behind ChatGPT, is poised to transition into a public benefit corporation. This strategic shift is designed to appeal more to investors, without compromising its noble mission of funding a related charity.
December 28, 2024
China's EV Market's Price Cut Threatens Minnows
The looming drop in sales post-subsidy expiration in China's electric vehicle sector is anticipated to heighten the financial strain, potentially pushing smaller, unprofitable automakers to the brink.
December 28, 2024
AI Showdown 2024: China vs US
China's plentiful investments and open-source strategy have catapulted it into AI prominence. However, the scarcity of high-end chips could spell disaster.
December 27, 2024
US-China Trade Friction Peaks Pre-Trump Era
Ahead of Trump's inauguration, the United States tops the index for trade disputes with China, according to the China Council for the Promotion of International Trade.
December 27, 2024
Beijing's AI Boom
The GenAI industry in China is surging, with Beijing witnessing an uptick in large language model (LLM) filings. This includes notable submissions from Zhipu AI and Rigo Design, an affiliate of tech giant Xiaomi.
December 27, 2024
China's C919 Jet Set for UK Debut
The C919 airliner from China is poised to extend its reach to various regions in Asia by next year. Its inaugural flight to Hong Kong, scheduled for the first day of the new year, will kickstart a daily return service operating from Shanghai.
December 27, 2024
DeepSeek Outshines Meta and OpenAI
DeepSeek, a burgeoning Chinese tech start-up, has recently unveiled its V3 model. This cutting-edge AI model has been trained over a span of two months for a substantial cost of US$5.58 million. Impressively, it has managed to surpass its competitors, Meta and OpenAI, using significantly less computing resources.