The third phase of the China Integrated Circuit Industry Investment Fund, also known as the “Big Fund”, was established last Friday with a registered capital of 344 billion yuan (US$47.5 billion), according to information made available on Monday by Chinese corporate database service Qichacha. Big Fund III has 19 equity investors led by China’s Ministry … Read more
Four years ago, during the pandemic, she launched her YouTube channel documenting her life in Hong Kong, travels in Vietnam and the various dishes she eats along the way. Co-founders Kiki Phung (right) and Hanh Dang outside their newly opened Banh Mi Nem in Wan Chai, Hong Kong. Photo: Eugene Lee In that time, Phung … Read more
We spoke Chinese at home, but out on the streets I’d only speak English. I was ashamed of being Chinese. We ate Chinese food at home, but when kids would ask what we ate, I’d say, “Burgers and fries”. When new immigrants came in, they were fresh off the boat, but I was one of … Read more
“We made a few sweaters and, when the first sample arrived, my mum wanted it, my brother, my stepsons – everybody. They were all of different heights, ages and genders. So, it started with that sweater,” says Dijkstra, who started out devoting 90 per cent of her time to her work as an agent and … Read more
Senior executives that include Wang Hai, Liu Peng, Yu Feng and Wang Mingqiang retired from Taobao and Tmall Group on May 1, according to Chinese media reports on Wednesday. Taobao and Tmall Group did not immediately respond to a request for comment on Thursday. Alibaba Group Holding chief executive Eddie Wu Yongming last December took … Read more
David Leung is head of branding, research and development at Maxim’s as well as a photographer and artist whose new solo exhibit See Food NOT See Food is at Harbour City’s Gallery by the Harbour until June 16. He spoke to Andrew Sun. From a young age, I was nurtured by the comforting and authentic … Read more
A noted policy adviser has called on Beijing to adopt the integration policies of former West Germany and “unilaterally open” up the borders to all Taiwanese for speedier unification. Zheng Yongnian, a professor at the Chinese University of Hong Kong’s Shenzhen campus, made the call on Wednesday at a seminar focusing on academic and people-to-people … Read more
A Hong Kong court Thursday convicted 14 pro-democracy activists in the city’s biggest national security case under a 2020 law imposed by Beijing that has all but wiped out public dissent. Those who were found guilty included former lawmakers Leung Kwok-hung, Lam Cheuk-ting, Helena Wong and Raymond Chan. But the three judges approved by the … Read more
The bank also has 11 branches and 450 employees in Macau, where it had total assets of HK$32 billion as of end-2023. In the Greater Bay Area, the lender has offices in Guangzhou, Foshan, Zhuhai and Shenzhen. Wong said Hong Kong, Macau and mainland China are key growth regions for OCBC. They accounted for 21 … Read more
SenseTime, one of China’s artificial intelligence (AI) pioneers, is aiming for profitability within the next two years as revenue from its generative AI business tripled last year, and is expected to become the company’s new profit engine, according to CEO and co-founder Xu Li. Hong Kong-listed SenseTime reported revenue of 1.184 billion yuan (US$163.4 million) … Read more
