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China’s tighter drone rules usher in industry adjustment period

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Singapore to launch national space agency

just now
Bloomberg
Singapore will establish a national space agency on April 1 as it seeks a foothold in the global space economy, which the World Economic Forum estimates could reach USD 1.8 trillion by 2035. The agency will court overseas space companies, develop regulations, and may expand the country’s satellite programs.

BYD leads Hong Kong EV stock selloff

just now
Bloomberg
BYD led a broad selloff in Chinese EV stocks in Hong Kong after reporting a 30% YoY fall in January sales, its sharpest drop in months. Shares of Xpeng and Nio also sank more than 6%, as expiring subsidies and a new EV purchase tax weighed on demand.

Muyuan Foods starts Hong Kong offering

just now
Muyuan Foods
Muyuan Foods launched its Hong Kong share offering on January 29, moving forward with its listing on the city’s stock exchange and supporting its expansion into offshore and overseas markets. According to Frost & Sullivan, the company has been the world’s largest hog farming enterprise by production capacity and sales volume since 2021.

GIC, Mubadala join talks on STT GDC bid

just now
Bloomberg
GIC and the Mubadala Investment Company are in talks to back a KKR-led consortium seeking to acquire data center operator STT GDC, people familiar with the matter said. The transaction, which includes Singtel, could be announced as soon as this week and may value the company at more than USD 10 billion including debt.

Gotion told to repay Michigan grant

just now
Nikkei Asia
Michigan attorney general Dana Nessel said the US state has asked battery company Gotion to repay USD 23.7 million after it abandoned a planned USD 2.4 billion EV battery materials plant. The attorney general’s office said Gotion is in default of its agreement and has been given 30 days to return the funds.

Tencent hires Pang Tianyu for Hunyuan

just now
IT Zhijia
Tencent said Pang Tianyu, who holds a doctorate from Tsinghua University and is a former senior research scientist at Sea AI Lab, will join the company on February 4 as chief research scientist of its Hunyuan large model team, also leading multimodal reinforcement learning with an initial focus on generative models.

Redmi launches Turbo 5 phone lineup

just now
Sina
Redmi has rolled out the Turbo 5 smartphone series, launching the Turbo 5 and Turbo 5 Max alongside the Pad 2 Pro tablet and Buds 8 Pro earbuds. The Turbo 5 Max leads the lineup with MediaTek’s Dimensity 9500s chip, a 9,000 mAh battery, and 100W fast charging, with launch prices starting at RMB 2,199.

Tencent partners Zeiss on eyecare

just now
36Kr
Tencent has teamed up with optics firm Zeiss to launch Dr.Z, an AI-driven pediatric eye health solution. The service has officially gone live and is available to the public through a WeChat mini program.

SpacemiT launches K3 AI CPU

just now
SpacemiT
Chinese RISC-V chipmaker SpacemiT has launched its K3 AI CPU, targeting edge and intelligent terminals with a pure RISC-V design. The chip delivers up to 60 TOPS of AI compute, integrates eight CPU cores running at up to 2.4 gigahertz, and supports as much as 32 gigabytes of memory, with initial deliveries planned for April 2026.

IDX CEO resigns after MSCI downgrade risk

just now
Reuters
Indonesia Stock Exchange CEO Iman Rachman resigned after MSCI warned the market risked a downgrade to frontier status, triggering a selloff that erased over USD 80 billion in value. The Jakarta Composite Index fell more than 8% in two days, with foreign investors dumping about USD 645 million of shares as regulators rushed to propose reforms.

OpenAI accelerates IPO plans

just now
WSJ
OpenAI is preparing for a potential IPO in the fourth quarter, holding informal talks with banks and expanding its finance team, people familiar with the matter said. The move comes as competition with Anthropic and other AI rivals intensifies and as OpenAI seeks capital to fund large-scale infrastructure and chip investments.

Didi, S.Ride partner to target tourists

just now
Nikkei Asia
S.Ride and Didi’s Japan business will partner to expand ride-hailing options for foreign travelers, with overseas bookings on Didi’s app dispatched to S.Ride taxis. Launching in mid-February, the service will cover central Tokyo and nearby cities, significantly increasing vehicle availability in the capital.

iCar launches V27 hybrid SUV in Dubai

just now
Chery
Chery Group's iCar will globally debut its V27 hybrid SUV in Dubai on February 8, marking its entry into the Middle East market. The model features a boxy design, a range-extended electric powertrain with more than 1,000 kilometers of combined range, and has completed over one million kilometers of global testing.

Cainiao folds AV unit into Zelos

just now
IT Zhijia
Cainiao and Zelos have completed a deep integration of their autonomous vehicle businesses, with Cainiao injecting assets and cash to become a shareholder in Zelos. Cainiao will stop directly producing and selling autonomous vehicles, while Zelos will operate under a dual-brand structure.

Alibaba unit unveils Zhenwu 810E chip

just now
Jiemian News
Alibaba subsidiary T-Head Semiconductor has launched the Zhenwu 810E AI processor, now deployed in large Alibaba Cloud clusters and serving more than 400 customers. The chip features 96 gigabytes of HBM2e memory and 700 gigabytes per second of interconnect bandwidth and is used to train and run Qwen models.

JD Cloud offers Moltbot image

just now
JD Cloud
JD Cloud has launched Moltbot with a prebuilt image on its lightweight cloud hosts, enabling three-step deployment without manual configuration. The assistant runs in an isolated cloud environment and supports long-term local memory, cross-platform messaging, and real task execution after API key setup and guided onboarding.

Geely starts EX2 production in Indonesia

just now
Geely
Geely has launched the EX2 in Indonesia and confirmed the start of local production, marking a key step in its localization strategy. The EX2 is now assembled locally with 46.5% local content, becoming the third Geely model produced in the country as the automaker steps up its push into Southeast Asia’s EV market.

Robbyant releases LingBot-World model

just now
Ant Group
Ant Group subsidiary Robbyant has open-sourced LingBot-World, a real-time interactive world model for embodied intelligence and simulation. The company said the model supports millisecond-level interaction, nearly ten minutes of stable video generation, and benchmark performance comparable to Google’s Genie 3.

DeepSeek eyes AI agents, search

just now
Bloomberg
DeepSeek could be expanding its focus to AI-powered search and agent-based tools, media reports said, citing recent job postings from the Chinese AI startup. The company is hiring to build a multilingual, multimodal AI search engine and infrastructure to support persistent agents that can operate with minimal human input.

Hygon CPUs avoid AMD security flaw

just now
SCMP
Chinese chipmaker Hygon’s processors were found immune to a recently disclosed hardware vulnerability, known as StackWarp, that affected several generations of AMD processors. Analysts attributed the immunity to Hygon’s use of its self-developed CSV3 security technology rather than AMD’s SEV-SNP.
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