South China Morning Post - Tech

China is gearing up for what could become its next record-breaking semiconductor stock listing as the parent company of chip giant Yangtze Memory Technologies Corporation (YMTC) prepares to go public on Shanghai’s Star Market. CCSH Corporation, parent of China’s top NAND flash maker, planned to sell between 1.98 billion and 2.43 billion shares, equivalent to 10 to 12 per cent of...

For generations, Ulanqab – a city several hundred kilometres northwest of Beijing whose Mongolian name means “red cliff pass” – was known for its windswept pastureland, where cattle grazed and potatoes thrived under long hours of sunlight. Its economy hinged on the weather, driven by the cool, strong breezes sweeping through the Yinshan mountain range. Today, giant wind turbines...

Alibaba Group Holding has set the offer price for its new share placement at HK$112.70 each to raise HK$80 billion (US$10.2 billion), issuing 710 million shares in one of the largest artificial intelligence-dedicated fundraising efforts by a Chinese technology firm. The price represented an 8.4 per cent discount to the stock’s closing price in Hong Kong on Friday and a 3.6 per c...

While China’s new “AI tigers” have captured global attention for challenging Silicon Valley front-runners, a quieter wave of domestic technology companies is building in-house artificial intelligence systems serving everyday users. Beyond pure-play AI labs like DeepSeek, Z.ai (also known as Zhipu AI), Moonshot AI and MiniMax, consumer-facing platforms that span e-commerce, video...

A tennis ball flew across the net. On the other side, a humanoid robot crouched, shuffled sideways in a series of quick steps, adjusted its position and swung its racquet to send the ball back. The robot traded forehands and backhands with human players during singles and mixed-doubles demonstrations. At one point, while chasing a ball, it lost its balance and toppled backwards,...