China

On Tuesday evening in Wuhan, more than 100 of Baidu’s Apollo Go robotaxis stopped moving. They did not pull over. They did not activate an emergency protocol. They simply froze, scattered across the city’s roads and elevated highways, some in the middle lane of ring roads with traffic streaming past on both sides. Passengers trapped […]

Nexchip Semiconductor filed for a listing on the Hong Kong Stock Exchange on Tuesday, joining a stampede of Chinese chip companies turning to the city’s capital markets as Beijing pours resources into building a domestic semiconductor supply chain that can withstand American export controls. The Hefei-based foundry, China’s third largest behind SMIC and Hua Hong […]

Six weeks ago, a video of Tom Cruise fighting Brad Pitt on a rooftop went viral. It was, of course, not real. It was generated by Seedance 2.0, ByteDance’s AI video model, and it set off a firestorm that drew cease-and-desist letters from six major Hollywood studios, a formal denunciation from the Motion Picture Association, […]

When Iran effectively closed the Strait of Hormuz in late February, choking off the corridor through which a fifth of the world’s oil and gas flows, the immediate consequences were predictable: crude prices spiked, energy markets convulsed, and geopolitical analysts reached for their most alarming adjectives. What fewer people anticipated was how quickly the crisis […]

In the small hours of Tuesday morning, something unexpected appeared on iPhones across mainland China. Apple Intelligence, the suite of AI-powered tools that the company has spent nearly two years trying to bring to its largest market outside the US, flickered to life, showed up in users’ settings menus, and then vanished. The brief, unannounced […]

The number of mainland Chinese companies listing on the Hong Kong Stock Exchange rose from 30 in 2024 to 76 in 2025, an increase of 153 per cent, according to PricewaterhouseCoopers. Hong Kong reclaimed the top global position for IPO fundraising last year, with 119 listings raising HK$285.8 billion, more than double the previous year. […]