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Hong Kong has approved its first ETF tracking Solana, launched by ChinaAMC. The Asia-first Solana ETF, set to begin trading on October 27 in HKD, RMB,…

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Hong Kong has approved its first ETF tracking Solana, launched by ChinaAMC. The Asia-first Solana ETF, set to begin trading on October 27 in HKD, RMB, and USD, directly holds the token to mirror its performance. The move highlights Hong Kong’s effort to cement its digital asset hub status amid growing regional scrutiny.

Nexperia has warned Japanese automotive customers that it may not be able to guarantee chip supply, raising concern over global production risks. Japan’s automaker association said members are working to limit disruption. The notice follows the Dutch government’s takeover of Nexperia from Chinese parent Wingtech amid escalating US-China trade tensions.

<a href="/company/tesla">Tesla</a> is recalling 63,619 Cybertrucks in the US after regulators found a software issue that made the front parking lights too bright, posing a hazard to oncoming drivers. The NHTSA said Tesla issued an over-the-air fix at no cost, following another recall of nearly 13,000 Model 3 and Model Y vehicles.

<a href="/company/bytedance">ByteDance’s</a> Seed team has unveiled Seed3D 1.0, a 3D generative model designed to advance world simulation and embodied intelligence. Built on a diffusion transformer framework, Seed3D can generate high-fidelity geometry, textures, and PBR (physically based rendering) materials from a single image, showing strong performance and compatibility with Nvidia's Isaac Sim.

<a href="/company/honor">Honor</a> chairman Wu Hui said at a company conference that <a href="/industry/ai">AI</a> is reshaping the device ecosystem and driving human-computer interaction through natural language. Describing intelligent agents as a new “super entry point,” he said Honor has invested more than RMB 10 billion in AI R&amp;D.

<a href="/company/huawei">Huawei</a> has launched HarmonyOS 6 in China, introducing direct file transfers between Huawei and Apple devices for the first time. The update, available on more than 90 models including the Mate 70 and Pura 80, adds new <a href="/industry/ai">AI</a> features and agent tools as Huawei works to strengthen its position against Android and iOS.

<a href="/company/tesla">Tesla</a> shares fell more than 3% after its Q3 2025 earnings call omitted updates on vehicle demand, margins, or new models. CEO Elon Musk instead focused on robotaxis and humanoid robots, saying Optimus has the potential to be Tesla’s “biggest product of all time.” The company added its FSD system contributed less than 2% of quarterly revenue.

Emaar Properties founder and chairman Mohamed Alabbar said the Dubai developer is exploring expansion into the US and China. Speaking at a <em>Reuters</em> conference, he cited housing shortages in cities such as California and New York as entry opportunities while reaffirming confidence in China’s long-term growth prospects.

Meta is said to be cutting about 600 positions from its <a href="/industry/ai">AI</a> division, including its FAIR (Facebook Artificial Intelligence Research) and product AI teams, while continuing to expand its TBD Lab. Chief AI officer Alexandr Wang said the restructuring aims to streamline decision-making and increase individual impact.

Gushine Electronics has opened a 22,000-square-meter lithium battery manufacturing base in Hai Phong, Vietnam. The automated facility will produce industrial and commercial battery packs valued at about USD 100 million annually and create up to 500 jobs.

<a href="/company/alibaba">Alibaba’s</a> Quark unit is reportedly advancing an <a href="/industry/ai">AI</a> initiative known internally as project "C," led by its core team with senior input from Tongyi Lab. Sources said the project focuses on conversational AI and will unveil initial results soon. The codename may derive from “Chat” or the game <em>Pac-Man</em>, suggesting competition with <a href="/company/bytedance">ByteDance's</a> Doubao.

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