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South China Morning Post - Tech

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HKMA unveils 20-point road map to modernise Hong Kong’s trade finance ecosystem

The Hong Kong Monetary Authority (HKMA) has unveiled a road map to introduce 20 measures under a five-year initiative aimed at modernising the city’s trade finance landscape and strengthening connectivity with mainland China and Asean trade corridors. Project CargoX, part of HKMA’s Fintech 2030 strategy, would use blockchain and data to help exporters secure bank loans more easi...


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Ant-backed Chinese AI agent developer DeepWisdom aims to help solo entrepreneurs

Chinese AI start-up DeepWisdom, which has launched its Atoms multi-agent application, wants to make life easier for solo entrepreneurs by deploying AI agents to serve in different roles, in what may be a glimpse of the future of work. “We want everyone to be able to realise their ideas at very low cost,” Alex Wu Chenglin, founder and CEO of DeepWisdom, said in an interview with ...


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China’s drug and medical device sector emerges as new engine of economic growth

China’s pharmaceutical industry, whose revenue is projected to rise by 50 per cent between 2024 and 2030, has emerged as a new growth engine for the national economy as leading players ramp up investment in research and production. The country’s drug and medical device businesses were forecast to top US$2.1 trillion in revenue by 2030 and US$3.2 trillion annually by 2050, accord...


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China’s tech self-sufficiency powers stock boom and helps it shake off economic malaise

Nearly a year after DeepSeek’s AI breakthrough rattled global markets, mainland China is entering 2026 with a fresh wave of technological advances that are powering a stock rally, even as its economy remains fragile. Thanks to fresh progress in sectors from commercial rockets to robotics and flying cars, Chinese tech shares have begun the new year with a bang. An onshore Nasdaq-...


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Tencent seeks collaboration with other major AI developers to improve tech for vulnerable users

Researchers at Tencent Holdings are looking to collaborate with other major artificial intelligence developers to improve how most generative AI services, such as chatbots, interact with the elderly, left-behind children and other vulnerable users in society. Specialised data sets can make AI services more helpful to vulnerable users who have become progressively reliant on them...


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