China is demanding more and better research to unearth the technology of tomorrow – but a research culture based around titles and participation in certain programmes is limiting the potential of its scientists.

This was the smallest batch of video games approved so far this year by regulator the National Press and Publication Administration.

The privately held social media giant has rejected a report that said it was ‘exploring scenarios’ to sell a majority stake in TikTok’s US operations.

Investigation into Yao Qian, who serves as the director of the department of technology supervision at the China Securities Regulatory Commission, comes amid an uptick in market reforms.

ByteDance-owned TikTok is set to pursue legal action challenging the constitutionality of the measure, which US President Joe Biden has signed into law.

China is readying a revision of its law on money laundering, signalling a hardening of penalties for financial crimes and a desire to keep practices in line with international standards.

Once the most powerful figure in the crypto industry, Zhao stepped down as Binance’s chief last November, when he and the exchange admitted to evading anti-money-laundering requirements.

Beijing has relaxed its requirements for businesses sending data outside mainland China in finalised rules, but Hong Kong’s role in the new regime remains limited, according to legal experts.

Chew Shou Zi, chief executive of the popular app, says the platform will continue to operate as it challenges the new legislation in court.

In Jiangsu, workers who report clues could be rewarded with up to US$4,100, particularly if it leads to a criminal case involving national security.

Authorities said to have entered premises of Dutch and Polish subsidiaries of a mainland firm involved in the manufacture of surveillance equipment.

AliExpress, the international online retail platform of Alibaba, has been in talks to invest US$72.4 million to acquire a 5 per cent stake in Ably Corp.

Role of fund managers will be strengthened as cost of rule violations increases ‘substantially’, a lawyer says, while Goldman Sachs predicts higher ‘quality premium for large-cap stable growers’.

TikTok last week failed to submit to the commission a risk assessment for its spin-off app by an April 18 deadline, and now has to do so by Tuesday.

The country’s top legislature will review the proposed framework designed to secure supplies and encourage the shift to low-carbon power.

The president’s announcement, which follows backlash to the ban, gives hope to advocacy groups who hope for a reconsideration of the ban.

The first global standards specifically covering GenAI and LLM released on Tuesday are a joint effort between Ant Group, Baidu, Tencent, OpenAI, Microsoft, Nvidia and others.

Laura Cha worked hard to elevate Hong Kong’s prominence on the international stage since she became the first and only female chairman of HKEX in 2018. As her tenure draws to a close, she believes that aim is no less important today.

China’s state-owned enterprises are shifting into new gears to raise their game and earnings by adding innovation and supply-chain security to their performance metrics, industry analysts said.

State subsidies are in Brussels’ cross hairs as the world’s largest windpower producer exports low-cost turbines to quench global demand for clean power.

Generative AI can be used to find new types of attacks, but companies are also using the tech to assess these threats, Microsoft’s head of Responsible AI said at HSBC’s Global Investment Summit.

China has unveiled new foreign ownership rules for certain telecommunications services, a move to generate investment and confidence as it strives to meet broad economic goals.

China will inspect vital finance and economy-related entities as part of a round of discipline inspections amid Beijing’s focus on a financial revamp.

Hong Kong’s biggest licensed cryptocurrency exchange operator has launched a global trading platform, but it is not available in the US or China.

Sales of pre-owned homes in 25 major cities jumped by nearly 25 per cent in January and February, compared with the same period in 2022, as activity is on the rise in top-tier cities, analysts say.

Christiania residents, fed up with criminals and drug crime, hope the community can remain an alternative yet legal part of Copenhagen without criminals.

HKVAEX is advising users to withdraw funds this month ahead of its May 1 shutdown, just three months after it submitted an application for a crypto licence.

The US and Britain on Monday announced a new partnership on the science of artificial intelligence safety, amid growing concerns about upcoming next-generation versions.