ESWIN Computing Bets Big on RISC-V with Hong Kong IPO, Echoing Founder Wang Dongsheng’s BOE Legacy

ESWIN Computing, a Beijing-based chip company spearheaded by veteran industrialist Wang Dongsheng, is poised to make its debut on the Hong Kong Stock Exchange, offering 1.57 billion H shares at…

South Korea’s Ambitious Renewable Energy Goals Threatened by Mega-Project Power Demand, Report Warns

Despite South Korea’s ambitious target to expand its renewable energy capacity to 220 gigawatts (GW) by 2040, a new report indicates that incorporating the substantial power demand from upcoming industrial…

Hong Kong National Security Police Arrest Independent Journalist Over Alleged Dissemination of False Information

Hong Kong’s national security police have reportedly arrested Tang Ho-wing, an independent journalist and operator of the online news outlet Boom News, on suspicion of publishing fake news. The arrest,…

AMD Acquires World Labs for $8.2 Billion, Poised to Redefine Spatial AI and Strengthen Leadership in Next-Generation Computing

AMD, a global powerhouse in high-performance computing, graphics processing units (GPUs), and advanced semiconductor solutions, has officially announced a definitive agreement to acquire World Labs, an innovative artificial intelligence (AI)…

Hong Kong Defends Policies on Non-Locally Trained Nurses Amidst Unemployment Concerns

Hong Kong authorities have vigorously defended their policies regarding the hiring of non-locally trained nurses, asserting that their numbers are “very small” and do not contribute to local unemployment. The…

China Imposes Immediate Export Restrictions on Fentanyl Precursor Chemicals Ahead of High-Stakes Xi-Trump Summit

Beijing, China – China on Tuesday unveiled immediate export restrictions on two varieties of precursor chemicals that can be utilized in the illicit manufacturing of drugs, a significant move that…

Regulations of Fujian Province on Social Credit

The Fujian Provincial People’s Congress has officially announced the adoption of the Regulations of Fujian Province on Social Credit, a comprehensive legislative framework designed to standardize the collection, evaluation, and…

Xiaomi Elevates Luo Fuli, Head of MiMo Large-Model Team, to Highest Internal Rank Amidst AI and EV Push

Beijing, China – In a significant internal development signaling its deepening commitment to artificial intelligence, Xiaomi Corporation has promoted Luo Fuli, the distinguished head of its MiMo large-model team, to…

Shein Shares Tumble Over 11% Following Disappointing Financial Results and IPO Valuation Drop

Shares in the Chinese fast-fashion behemoth Shein experienced a significant downturn, plunging more than 11 percent in Hong Kong trading on Tuesday. This sharp decline followed the release of the…

China’s Spy Chief Warns Artificial Intelligence Poses Significant National Security Threat from Foreign Powers.

Beijing, China – The head of China’s top intelligence agency has issued a stark warning that artificial intelligence (AI) poses a profound threat to the nation’s security, with foreign entities…