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South China Morning Post
6 hours ago
- South China Morning Post
Hong Kong actor Jacky Heung sued by Macau casino over HK$1.4 million debt
Hong Kong actor and model Jacky Heung is being sued by a Macau casino operator for allegedly racking up at least HK$1.4 million (US$178,000) in gambling debts following a visit to the gaming hub last December. Advertisement In a writ filed with the Hong Kong District Court, MGM Grand Paradise said Heung had borrowed HK$2 million on December 1, 2024, from the operator of the MGM Macau and MGM Cotai casino hotels and converted the money into betting chips. Under the terms of the loan, Heung was required to repay it on the same day. But the company alleged that the 40-year-old actor had only paid back some of the money and still owed the casino HK$1.4 million. The contract also stated that the casino could charge an annual interest of 18 per cent on Heung's loan until the date of repayment. Advertisement According to the writ filed on July 3, the actor had accrued another HK$6,630 in costs since last December.


South China Morning Post
7 hours ago
- South China Morning Post
What if Chinese, US firms make humanoid robots together? Tech CEO calls for collaboration
The founder of a prominent Chinese robotics start-up sees great value in working with American peers to advance the global development of humanoid robots – and his call for stronger collaboration between the fractious trade partners comes as China's private sector is playing an increasingly larger role in innovation. Advertisement 'China has a deep foundation in manufacturing and hardware, while the United States possesses a rich AI software ecosystem,' said Wang Xingxing, founder and CEO of Hangzhou-based humanoid robot maker Unitree Robotics. 'Each has its advantages, making global collaboration and joint promotion of the field worthwhile,' he added, noting that the world shared a common goal for the industry. Wang was speaking on Tuesday at a press conference organised by the government to promote confidence in the private sector, and executives from other leading private companies were also present. The burgeoning field of humanoid robotics has become a new frontier in the broader technological competition between the US and China, with a race to commercialisation under way among companies in the two countries. 10:41 How Hangzhou's 'Six Little Dragons' built a new Chinese tech hub How Hangzhou's 'Six Little Dragons' built a new Chinese tech hub


The Standard
8 hours ago
- The Standard
Chinese firms rush to buy Nvidia AI chips as sales set to resume
A NVIDIA logo is displayed on a building in Taipei, Taiwan April 16, 2025. REUTERS/Ann Wang/ File Photo