Wency Chen

2 months ago | scmp.com | Ben Jiang |Ann Cao |Wency Chen |Zhou Xin

In 2022, under the pseudonym “an ordinary little pig”, the founder of artificial intelligence (AI) start-up DeepSeek quietly donated 138 million yuan (US$19 million) to Chinese charities. The name, a nod to Wang Xiaobo’s dark-humour short story “A Maverick Pig”, reportedly masked the true identity of Liang Wenfeng, a man whose quantum trading operation was facing mounting regulatory pressure.

2 months ago | scmp.com | Coco Feng |Iris Deng |Wency Chen

Chinese merchants selling to US customers online are looking to raise prices to offset the new tariffs imposed by the Trump administration and rising shipping costs after the United States Postal Service (USPS) stopped receiving parcels from mainland China and Hong Kong this week.

2 months ago | scmp.com | Wency Chen |Ann Cao |Ben Jiang

DeepSeek sent shock waves through the global tech market ahead of the Lunar New Year – sinking the value of semiconductor giant Nvidia and other large companies driving the artificial intelligence (AI) boom – as the Chinese start-up achieved a feat once-considered impossible by Silicon Valley.

Jan 17, 2025 | scmp.com | Wency Chen |Iris Deng

Chinese smartphone giant Honor’s long-standing chief executive, George Zhao Ming, has resigned owing to personal reasons, according to the company, as veteran Huawei Technologies executive Li Jian takes the helm of the firm amid its preparations to go public.

Jan 16, 2025 | scmp.com | Wency Chen

Douyin, the ByteDance-owned sibling of TikTok that is only available in mainland China, has said it is stepping up efforts to crack down on accounts impersonating overseas users amid a wave of “TikTok refugees” ahead of that app’s pending ban in the US. In a post on local microblogging platform Weibo on Thursday, Li Liang, a vice-president of Douyin Group, cautioned that having an overseas IP address does not necessarily indicate a genuine foreign registration.