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BEIJING/SHANGHAI: China stocks snapped a three-session rally to close lower on Wednesday, with consumer and healthcare shares leading losses, as experts were concerned over the safety of drugs used in experimental coronavirus vaccines in the country.
Group unveils smart factory that offers data analytics
The e-commerce giant’s New Manufacturing pilot, Xunxi Digital Factory, is powered by technologies such as process and cost planning, automated in-house logistics and its own manufacturing operating system. Xunxi, which means fast rhino, has initially offered its cloud-based manufacturing supply chain to small firms in China’s apparel industry.
Alibaba launches logistics robot for last-mile deliveries to lower costs and as pandemic pushes automation
The robot can deliver as many as 500 packages a day to one designated community or campus
HANGZHOU (Xinhua): Alibaba Cloud, the digital technologies and intelligence backbone of Alibaba Group, unveiled a series of innovative products at the 2020 Apsara Conference on Thursday (Sept 17), including its first cloud computer and a logistics robot for last-mile deliveries.
BEIJING: Alibaba Group Holding Ltd unveiled a smart manufacturing and digital solutions factory on Wednesday in Hangzhou, Zhejiang province, as part of its smart manufacturing initiatives.
Cloud computing was Alibaba’s second-biggest revenue contributor last quarter, with sales growing 59% to US$1.8bil. The computer packs enough power to cut the rendering time of one frame of high resolution animation from 90 minutes down to 10 minutes.
Cathay Pacific and Prenetics to launch London-Hong Kong digital health passport in October in bid to ease travel
Pilot project, which starts on the Hong Kong-London route, will allow travellers to show their negative Covid-19 test results on a mobile app before boarding.
I confess that I have a box of face masks at my reception table where I keep my house and car keys. I will not leave my house without taking a face mask with me. On occasions when I forget, the backup supply found in my car and office bag does come in handy. I am not kiasu, I am kiasi
Ant Group gets the green light for mega IPO in Shanghai’s Star Market as China pulls out all stops to help tech champions raise funds
HONG KONG, Sept 20 (SCMP): Shanghai regulators are expediting Ant’s IPO hearing process to bring the fintech behemoth faster to marketAnt IPO may surpass Aramco’s US$29.4 billion IPO and become the world’s largest-ever fundraising