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Asia Tech News, December 2024
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Hong Kong: December 2024

Hong Kong technology news

December 2024 snapshot

Hong Kong’s tech news in December: Newly-approved Hong Kong cryptocurrency-related licenses; Hong Kong stablecoins regulation approaches; AI SuperComputing Centre launches in Hong Kong; and more.

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China's rare earths dominance

Oxford Institute: China’s rare earths dominance and policy responses

  • Alibaba Hong Kong Entrepreneurs Fund launches $150M AI-focused AEF NextGen Fund / full item
  • Hong Kong: An intro to PonsAI and its software that generates personalised, GenAI-created avatars for individuals, focusing at this time on corporate events / full item
  • Hong Kong approves significant new cryptocurrency exchange licenses, adding to global hub bid as the Bitcoin price rises / full item

Hong Kong: City University researchers unveil 6G-ready antenna, delivering “next-generation large-capacity and high-security information systems, real-time imaging, and wireless power transfer” / full item

  • Hong Kong: SUNeVision Startup Programme from Sun Hung Kai Properties opens for applications from HK-registered companies in real estate and related spaces / full item
  • Hong Kong: Stablecoins bill is to be introduced, aiming to regulate virtual tokens, in ongoing fast-track moves to secure global crypto industry hub status / full item
  • Hong Kong: Cyberport Artificial Intelligence Supercomputing Centre has launched – here’s an overview / full item
  • China’s CATL batteries giant to seek Hong Kong IPO, pending regulator approval “CATL, world’s top battery maker, has a global market share of roughly 37% in [EV] batteries…” / full item

‘Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction.’ / full item

  • Singapore and Hong Kong ranked as the most blockchain-friendly regions based on patents, jobs, and crypto exchanges in an ApeX Protocol study / full item
  • China’s HK-based SenseTime, best-known for facial recognition tech, restructures to add generative AI focus for both opportunities and in a bid to stay relevant as AI evolves / full item
Critical technologies in December 2024

Critical technologies in the news, globally, in December 2024

Critical technologies monthly
  • US Federal Comm’s Commission clears SpaceX for use of Starlink satellites to provide T-Mobile customers with direct-to-cell services, marking the first such approval…
  • Taiwan is to launch the ‘Chip Team Taiwan’ initiative for robotics, drones and space industry supply chains to decrease external supply chain dependencies…
  • China: Galactic Energy conducted 4th sea launch, adding to potential for a record-breaking 67 space launches in 2024…

Full report: Critical tech in December >

Indo-Pacific news and insights

Indo-Pacific Insight: Tech, trade, supply, space, geopolitics…

Asia’s Tech News, Weekly in December

● From December 15th 2024 to January 4th 2025
on LinkedIn and via Substack

● To December 14th on LinkedIn and via Substack

● To December 7th on LinkedIn and via Substack

Indo-Pacific Insight newsletter

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