Take a bite out of history with our exclusive series on the delicious ingredients, dishes and techniques behind the unique taste of Hong Kong. At his humble stall in Kingswood Richly Plaza in Tin Shui Wai, in Hong Kong’s New Territories, Tam Tat-ming carries a ring of pliable sugar in his gloved hands. He deftly … Read more
China’s move to raise the retirement age – for decades one of the world’s lowest – appears to be unpopular among workers, though it has not seen the protests sparked by pension reforms in other countries. The top legislative body on Friday approved a plan to lift the retirement age for men from 60 to … Read more
Chinese e-commerce platform Pinduoduo will start removing sellers of counterfeit products from its multibillion yuan subsidy programme, as its operator – Temu owner PDD Holdings – and major rivals make operational changes in response to Beijing’s “anti-involution” call. Pinduoduo on Monday updated its rules for merchants taking part in its subsidy programme, stating that the … Read more
Chinese budget e-commerce platform Pinduoduo, run by Temu owner PDD Holdings, is offering partial refunds of service fees to merchants, after company executives promised to waive 10 billion yuan (US$1.4 billion) in charges. The main point of contention arose over so-called technical service fees, which are essentially sales commissions charged by Pinduoduo for merchants to … Read more
His promotion of the “mutual non-subordination” theory to define Taiwan’s relationship with Beijing has raised concerns among observers, who fear it could further strain cross-strait ties and potentially lead to conflict. In his three major speeches on cross-strait relations since taking office, Lai has consistently stressed his view that the two sides of the Taiwan … Read more
Over the next five years, the plan aims to further strengthen services to promote healthy growth and all-round development of children with autism, the notice said. “We will strengthen overall planning, coordination and linkage, and resource integration,” it said. About one in 100 children has one or more of the diverse group of conditions that … Read more
“Given the cross-border nature of these transactions, it’s logical for both parties to agree on a dispute resolution method and set Hong Kong as the arbitration venue,” said Wu Libin, senior partner at M&T Lawyers. “However, many merchants are unfamiliar with Hong Kong’s legal framework, and the high costs of litigation pose a significant barrier … Read more
Temu’s efforts to please consumers were borrowed from its Chinese sister platform Pinduoduo, known for cut-to-the-bone deals and easy-to-refund options. That policy has helped Temu grow overseas. Its gross merchandise value surged to about US$20 billion in the first half of this year, surpassing overall sales of US$18 billion in 2023, according to a report … Read more
WeRide – a Cayman Islands holding company whose operations are mainly conducted by Guangzhou Wenyuan Zhixing Technology and its subsidiaries in mainland China – did not provide the amount of money it aims to raise from the Nasdaq listing, according to its filing with the US Securities and Exchange Commission on Friday. The company, which … Read more
Citing an example, Chen said large language models – the technology underpinning GenAI services like ChatGPT – have helped shorten the time for content generation in video games. “There are many things we want to do in the future, including using AI in character production, scene production and making bots,” he said. Video gamers try … Read more
