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27 Feb Highly anticipated Black Myth: Wukong among China’s latest batch of approved video games

Posted at 23:00h in Asia

China’s video gaming regulator has approved 111 new titles in February, including the highly-anticipated Black Myth: Wukong, giving the industry another confidence boost after a stock rout in December.The National Press and Publication Administration (NPPA), the government body in charge of licensing video games in...

27 Feb Chinese chip maker cleared of spying charges in US criminal trade secrets case

Posted at 22:28h in Asia

Chesney concluded that US prosecutors failed to prove that the Chinese state-sponsored company misappropriated proprietary data from Micron Technology Inc., American’s largest memory-chip maker, that allegedly passed through Taiwan’s United Microelectronics Corp. in a manufacturing deal with Fujian Jinhua. 02:05China imposes restrictions on US chip maker...

27 Feb State TV airs China’s first AI-developed cartoon series, as Sora sets off frenzy for text-to-video generation tech

Posted at 14:00h in Asia

State broadcaster China Media Group aired the country’s first cartoon series made with the help of generative artificial intelligence (GenAI) services, including text-to-video tools similar to OpenAI’s Sora, as the government calls on state-owned firms to pilot the use of AI in their businesses.The 26-episode...

27 Feb Hong Kong green fintech players must extend ties to sectors beyond finance to serve the economy, experts say

Posted at 13:03h in Asia

Players in Hong Kong’s green fintech space should focus on increasing their integration with multiple sectors to enhance their ability to serve the real economy, industry experts said at a summit.Green fintech is “not as narrow as it looks”, Jason Tu, founder and CEO of...

27 Feb Oppo plans comeback in Europe after smartphone maker settles its patent disputes with Nokia

Posted at 13:00h in Asia

Oppo is planning a concerted comeback in the European market with the Chinese smartphone maker looking to grow further in the region, a month after clearing up legal disputes with Finnish electronics giant Nokia.“Europe has been key to Oppo, and Oppo products will once again...

27 Feb Hong Kong officials tout city’s AI credentials and mainland connector role to woo executives at tech event

Posted at 12:30h in Asia

Hong Kong officials have touted the city’s continued strength as a bridge to China and ability to adapt to the artificial intelligence (AI) era to a room full of tech executives and entrepreneurs.At the Economist Impact’s first “Technology for Change in Asia” conference in Hong...

27 Feb ‘Shining on international stage’: Chinese developers of OpenAI’s text-to-video generator Sora receive acclaim at home

Posted at 11:00h in Asia

At least two Chinese developers involved in building Sora, the newly released text-to-video generator from ChatGPT creator OpenAI, have received acclaim on the mainland for their efforts, showing how the advanced generative artificial intelligence (AI) technology has ignited interest across the country where the Microsoft-backed...

27 Feb Hong Kong property deals pick up ahead of government budget as buyers anticipate further relaxation of curbs

Posted at 10:39h in Asia

Secondary market transactions in Hong Kong flats jumped last week, as buyers took advantage of seven-year low prices, amid expectations the government may unveil a possible further relaxation of property cooling measures at Wednesday’s government budget.Deal volumes in 35 major housing estates rose 72.4 per...

27 Feb Hong Kong home prices fall for ninth straight month, intensifying calls for lifting property curbs

Posted at 08:01h in Asia

Secondary-market prices of Hong Kong homes have retreated 23 per cent from their peak in September 2021, according to government statistics. The nine-month losing streak, the longest since the outbreak of Sars (severe acute respiratory syndrome) in 2003, led to an aggregate fall of 13.5...

27 Feb Hong Kong Green Week: banks urged to rethink and review funding criteria for energy transition projects

Posted at 06:58h in Asia

“So when we see a lot of more innovative technology projects with a very short operating history, it’s automatically [considered] high risk,” she said. “A lot of us are now trying to develop newer metrics that will help us to be more forward-looking and also...

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