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US President Donald Trump’s administration has launched a review that could result in the first shipments to China of Nvidia’s H200 chips, five sources said, making good on his pledge to allow the controversial sales. Trump this month said he would allow sales of Nvidia’s H200 chips to China, with the US government collecting a 25 per cent fee, and that the sales would help kee...
Rosewood Hotel Group said on Friday it was pushing ahead with its global expansion, announcing new openings including its first ski resort, just days after sources said Chow Tai Fook Enterprises (CTFE), the private investment holding company of the Cheng family and the parent firm of debt-ridden New World Development (NWD), had no plans to sell the prized asset. The privately ow...
Hong Kong stocks rose for a third day on Friday, putting the benchmark gauge on course for its longest winning streak in three weeks, after softer US inflation data bolstered the case for monetary easing. The Hang Seng Index advanced 0.3 per cent to 25,588.85 as of 10.04am local time. The Hang Seng Tech Index dropped 0.6 per cent. On the mainland, the CSI 300 Index climbed 0.2 p...
China is gaining a solid reputation as a pharmaceutical innovation hub, shifting from a copycat drug maker to one whose infrastructure and research and development capabilities rival global pharmaceutical behemoths, according to a global consultancy. US-based SAI MedPartners and its unit Idea Pharma recently launched a new index with the aim of highlighting Chinese drug makers a...
Chinese artificial intelligence pioneer SenseTime has open-sourced a “world model” and kicked off its foray into the burgeoning field of embodied intelligence by releasing its first robotic dog. The Hong Kong-listed AI firm’s new venture, Ace Robotics, on Thursday released Kairos 3.0, an open-source model that simulates the physical world, and a developer platform called “KaiWu”...
