Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than initially feared.

The fund was established days after the US rolled out new chip export restrictions and placed more Chinese firms on its trade blacklist.

While the total industrial investment in Shanghai was estimated to achieve double-digit growth throughout 2024, the output value of high-tech ships and integrated circuits was estimated to grow by about 17 percent and 20 percent, respectively, on a yearly basis, according to Zhang.

Video. China's Pudong District opens a humanoid robot training base, training 100 robots now with a goal of 1,000 by 2027, enhancing applications in manufacturing and services.

Shanghai is making a bold move into the future with a US$1.36 billion investment fund designed to reshape emerging industries. The Shanghai Engine Fund, now officially registered, is ready to begin investments,

As 2025 unfolds, China's smartphone market faces a wave of price cuts, with Apple launching promotions and Huawei following suit by adjusting its pricing. While manufacturers compete for market share through innovation in a contracting market,

Beijing and Shanghai have recently attained unprecedented levels of investment and development in the artificial intelligence (AI) sector. These two cities are propelling China's swift ascent in the global AI competition.

The Shanghai unit of Apple will focus on software development, big data services, storage services and data processing.

Shanghai has announced a number of measures to support the city's industrial Internet development, such as drafting an industrial large language model guideline, launching service platforms and authorizing professional service providers to boost digital transformation, city officials said on Friday.

Kupasai Technology, the country's first AI corpus company was founded in Shanghai in March. Up to 63 large language models and foundation models have completed filing in Shanghai by the end of ...