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Germany’s Merz meets China’s tech vanguard, including Alibaba and Unitree CEOs
TechnologySCMP5d ago

Germany’s Merz meets China’s tech vanguard, including Alibaba and Unitree CEOs

German Chancellor Friedrich Merz visited China’s eastern tech hub of Hangzhou on Thursday and met leading figures including those from Alibaba Group Holding and Unitree Robotics, signalling growing international recognition of the country’s robotics and artificial intelligence technologies. Merz had lunch and took group photos with local entrepreneurs, including Alibaba CEO Eddie Wu Yongming and Unitree founder and CEO Wang Xingxing, according to a social media account run by Chinese state...

Why is the Hang Seng Tech Index in the doldrums while AI shares are soaring?
BusinessSCMP9d ago

Why is the Hang Seng Tech Index in the doldrums while AI shares are soaring?

Hong Kong’s tech equity benchmark is struggling to balance the artificial intelligence frenzy and picking the right industry leaders, leading to its underperformance this year, according to analysts. The Hang Seng Tech Index, which comprises 30 technology-related companies including Tencent Holdings, Alibaba Group Holding and Meituan, has fallen 5.5 per cent this year up to Friday, giving up some of last year’s 23.5 per cent gains. In contrast, the broad-based Hang Seng Index has risen 0.3 pe...

MWC 2026: Alibaba to launch new smart glasses powered by Qwen AI assistant
TechnologySCMP4d ago

MWC 2026: Alibaba to launch new smart glasses powered by Qwen AI assistant

Alibaba Group Holding plans to launch new smart glasses powered by its artificial intelligence assistant Qwen at the coming MWC Barcelona trade show. On Saturday, a company representative confirmed the launch, adding that both online and offline presales would start on Monday, the first day of the annual trade show, formerly known as Mobile World Congress. Meanwhile, the company, which owns the South China Morning Post, is preparing a diverse product line-up this year for the global market,...