More tech companies likely to list in Hong Kong in next decade, Alibaba’s Joe Tsai says



a person standing in front of Tung Chee-hwa et al. posing for the camera: Joe Tsai, Alibaba’s executive vice-chairman (left), and former Hong Kong Chief Executive Tung Chee-hwa, at the China Conference: United States organised by the Post. Photo: Edmond So


© SCMP
Joe Tsai, Alibaba’s executive vice-chairman (left), and former Hong Kong Chief Executive Tung Chee-hwa, at the China Conference: United States organised by the Post. Photo: Edmond So

More technology companies from across the globe – not just those based in China – are likely to list on Hong Kong’s stock exchange in the next five to 10 years, particularly emerging tech leaders in Southeast Asia, according to Alibaba’s executive vice-chairman Joe Tsai.

Non-US investors, as well as sovereign wealth and pension funds, are increasing their allocations to Hong Kong and Asia as they seek to tap future growth in the region, Tsai said at a fireside chat as part of Hong Kong Exchanges and Clearing’s (HKEX) first Southeast Asia Forum on Thursday. HKEX is the operator of the Hong Kong bourse.

“Think about that huge capital base coming to Asia, and a lot of that is focused on

Read More

AI, 5G, and IoT top the list of the most important technologies for 2021

CIOs and CTOs say the biggest challenge next year will be dealing with recovery from COVID-19, according to a new study by the IEEE.

AI (Artificial Intelligence) Concept Machine Learning, Nanotechnologies, Smart Objects and Global Network Technology

Image: KOHb, Getty Images/iStockphoto

The most important technologies in 2021 will be AI, 5G, and IoT, according to a newly released global survey of CIOs and CTOs by the technical professional organization IEEE.

More specifically, nearly one-third (32%) of respondents cited AI and machine learning, followed by 5G (20%), and IoT (14%).

Manufacturing (19%), healthcare (18%), financial services (15%), and education (13%) are the industries that most believe will be impacted by technology in 2021, according to CIOs and CTOS surveyed.

It’s no surprise that COVID-19 has upended organizations, observed Carmen Fontana, an IEEE member and cloud and emerging technology lead at Centric Consulting.

SEE: 
CompTIA’s 10 trends for 2021. No. 1: There is no normal.

 (TechRepublic)

“Digital healthcare accelerated out of necessity, as healthcare demand

Read More

U.S. To Add Chinese Oil Driller To List Of Firms Barred From Receiving American Investments: Report

The Trump administration is set to add major Chinese offshore oil and gas producer CNOOC, plus three other large Chinese firms, to a list of companies barred from receiving American investments because of their alleged ties to China’s military, according to a report by Reuters that cited documents and three officials. 

CNOOC — short for China National Offshore Oil Corporation — is China’s third-largest oil and gas company and its main offshore explorer, having brought in more than $30 billion in revenue in 2019. 

Its inclusion on the blacklist caused its Hong Kong-listed shares to tumble 14% on Monday. Not only are US investors responsible for a large chunk of the company’s more than $360 billion in value on the Hong

Read More

Tech Gift Ideas to Help Tackle Your Holiday Shopping List | Tech Buzz

Today is Cyber Monday, which doesn’t mean as much this year because the related sales have been going on for much of November as retailers try to milk every available dollar they can. However, like you, I’m doing a lot of shopping, both for others (yes, I’m going to cheat and mostly give Amazon gift cards but some gifts) and myself.

Since this entire column is about products, I’ll skip the product of the week and focus on what I think are some of the best deals or products that stand out as game changers in their segment — and aren’t too expensive.

I was tempted to have a car section focused on electrics. Still, after watching this Audi E-Tron review, I’m reminded that all but the Tesla are Generation 1 cars, and the Tesla’s fit and finish are so bad I suggest waiting until the Gen-2 cars come out,

Read More

India Bans Another 43 Chinese Apps; List Includes AliExpress

The decision was taken by the ministry of electronics and information technology under section 69A of the Information Technology Act

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!


2 min read


You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

Indian government on Tuesday blocked another 43 Chinese mobile applications. The ministry of electronics and information technology (Meity) took the action citing these apps were engaging in activities which are prejudicial to sovereignty and integrity of India, defence of India, security of state and public order.

The decision was taken under section 69A of the Information Technology Act.

According to a statement released, the Meity upon receiving comprehensive reports from Indian Cyber Crime Co-ordination Centre, ministry of home affairs, issued the order.

This is not the first time Chinese apps were banned in this country. Earlier on June 29, the

Read More

REFILE-EXCLUSIVE-In latest China jab, U.S. drafts list of 89 firms with military ties

(Fixes typo 3rd par to “respond” and adds PIX to slug)

Nov 22 (Reuters) – The Trump administration is close to declaring that 89 Chinese aerospace and other companies have military ties, restricting them from buying a range of U.S. goods and technology, according to a draft copy of the list seen by Reuters.

The list, if published, could further escalate trade tensions with Beijing and hurt U.S. companies that sell civil aviation parts and components to China, among other industries.

A spokesman for the U.S. Department of Commerce, which produced the list, declined to comment. The Chinese foreign ministry did not immediately respond to a request for comment.

Commercial Aircraft Corp of China Ltd (COMAC), which is spearheading Chinese efforts to compete with Boeing and Airbus, is on the list, as is Aviation Industry Corporation of China (AVIC) and 10 of its related entities.

The list is included in

Read More

Oxford English Dictionary’s list of 2020’s big words

cornavirus-lettersGetty Images

Could you sum 2020 up in one word?

The Oxford English Dictionary (OED) couldn’t, so it has expanded its usual ‘Word Of The Year’ to include lots of words.

The “Words of an Unprecedented Year” reflect the things people have been talking about in 2020.

Lots of the words on the list are to do with the coronavirus pandemic, as you would expect, but there are also some to do with political changes and the environment.

2020Getty Images

What word would you use to sum up 2020?

Words of the year

To decide which words made the report, the Oxford Language team studied the themes that were most significant in 2020 and how language changed with it.

They put 2020’s language or word usage into three different categories.

The Language of Covid-19, Technology and remote learning and Social movements and social media and politics.

Some of the words

Read More

U.S. drafts list of 89 Chinese companies with alleged military ties: Reuters

The Trump administration is close to declaring that 89 Chinese aerospace and other companies have military ties, restricting them from buying a range of U.S. goods and technology, according to a draft copy of the list seen by Reuters.

The list, if published, could further escalate trade tensions with Beijing and hurt U.S. companies that sell civil aviation parts and components to China, among other industries.

A spokesman for the U.S. Department of Commerce, which produced the list, declined to comment. The Chinese foreign ministry did not immediately response to a request for comment.

Commercial Aircraft Corp of China (COMAC), which is spearheading Chinese efforts to compete with Boeing and Airbus, is on the list, as is Aviation Industry Corporation of China (AVIC) and 10 of its related entities.

The list is included in a draft rule that identifies Chinese and Russian companies the U.S. considers “military end users,” a

Read More

In latest China jab, US drafts list of 89 firms with military ties

WASHINGTON: The Trump administration is close to declaring that 89 Chinese aerospace and other companies have military ties, restricting them from buying a range of US goods and technology, according to a draft copy of the list seen by Reuters.

The list, if published, could further escalate trade tensions with Beijing and hurt US companies that sell civil aviation parts and components to China, among other industries.

READ: Trump bans US investments in firms linked to Chinese military

A spokesman for the US Department of Commerce, which produced the list, declined to comment. The Chinese foreign ministry did not immediately response to a request for comment.

Commercial Aircraft Corp of China Ltd (COMAC), which is spearheading Chinese efforts to compete with Boeing and Airbus, is on the list, as is Aviation Industry Corporation of China (AVIC) and 10 of its related entities.

The list is included in a

Read More

Exclusive: In latest China jab, U.S. drafts list of 89 firms with military ties

(Reuters) – The Trump administration is close to declaring that 89 Chinese aerospace and other companies have military ties, restricting them from buying a range of U.S. goods and technology, according to a draft copy of the list seen by Reuters.

FILE PHOTO: A model of C919 passenger jet by Commercial Aircraft Corp of China Ltd (COMAC) is displayed at Aviation Expo China 2017 in Beijing, China September 19, 2017. REUTERS/Stringer

The list, if published, could further escalate trade tensions with Beijing and hurt U.S. companies that sell civil aviation parts and components to China, among other industries.

A spokesman for the U.S. Department of Commerce, which produced the list, declined to comment. The Chinese foreign ministry did not immediately response to a request for comment.

Commercial Aircraft Corp of China Ltd (COMAC), which is spearheading Chinese efforts to compete with Boeing and Airbus, is on the list, as is

Read More