China is tightening rules on emotional AI, prompting ByteDance, Alibaba and Tencent to curb companion-style chatbot features with humanlike cues.

Baidu’s AI chip arm Kunlunxin is reportedly preparing for a Hong Kong listing, with published valuation targets ranging from $50 billion to $64.6 billion across wire reports. The move, if pursued, would put a fresh spotlight on China’s domestic AI compute stack just as Hong Kong tech shares rebound and competition around AI infrastructure deepens.