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China bets on AI to promote President Xi Jinping's thinkingThe project, known as "Xinhua Yudian," meaning Xinhua lexicon, is "an intelligent agent for learning, researching, and disseminating Xi Ji...- China's Zhipu AI plans to apply for Shanghai's Sci-Tech Board listingOne of the leading players in China's crowded artificial intelligence sector, Zhipu AI, said the proposed issuance of A shares, each with a...
- Alibaba to exceed planned AI spending and says margin is secondaryAlibaba plans to spend more than its projected 380 billion yuan on Artificial Intelligence over three years. The company reported quarterly...
- Tencent revenue and profit miss on higher AI investmentTencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw gro...
- Alibaba quarterly revenue rises on cloud demand, ecommerce growthAlibaba's revenue climbed 3% driven by strong cloud and AI growth, with its China e-commerce unit boosted by government subsidies. Despite ...
- Global stocks: BYD Q1 profit falls 55%, steepest drop in 6 years as China sales falterChinese electric vehicle maker BYD's quarterly profit fell at its fastest pace since 2020, a stock market filing showed on Tuesday, hit by ...
- China sells first 30-year special bonds at 2.2%, lowest since November 2025China's finance ministry successfully auctioned 30-year special government bonds at a 2.20% yield, the lowest since November 2025. This ref...
- Huawei commits $10 billion to boosting computing power for smart drivingHuawei will ramp up investment in smart-driving research and development, including more than $10 billion over the next five years to boost...
- Huawei to invest $2.6 billion on R&D in smart driving technologiesHuawei is investing heavily in smart driving technology. The company plans to spend billions on research and development and computing powe...
- Huawei posts slower annual revenue growth of 2.2%Huawei's 2025 revenue grew 2.2 percent to 880.9 billion yuan. This growth was supported by its core network infrastructure and consumer dev...
- Huawei reports slowing revenue growth in 2025Chinese tech giant Huawei's revenue growth slowed last year, its annual report showed Tuesday, as sales of the company's consumer devices p...
- Global Stocks: Chinese EV maker BYD posts first annual profit decline in four yearsBYD , China's biggest electric vehicle maker by sales, on Friday posted its first annual profit drop in four years, hit by weak sales in ...
- China tech giant Tencent logs 16% jump in annual net profitChinese internet giant Tencent on Wednesday reported a 16 percent jump in full-year net profit, with gaming still its main business driver ...
- Alibaba Q3 Results: Co beats revenue estimates on strong year-end shopping salesChina's Alibaba Group Holding on Wednesday topped Wall Street expectations for third-quarter revenue, on strong year-end shopping sales and...
- China's Jan-March overall trade with Russia rises 28% to $38.2 billionChina's trade with both Russia and Ukraine has maintained an uptrend, customs spokesman Li Kuiwen said, adding that China's economic and tr...
- Alibaba beats quarterly revenue estimates on online boomThe results come as China clamps down on founder Jack Ma's sprawling business empire, having forced the suspension of a blockbuster $37 bil...
- China stocks end sharply up on policy stimulus betsForeign investment flowing into Shanghai from Hong Kong through the mutual market access pilot programme took up 1.01 billion yuan of the 1...
- Huawei posts USD 2.47 billion profit last yearChina's telecom major Huawei today said it posted USD 2.47 billion net profit last year, recording about USD 35 billion in revenues.
- China's ICBC is world's most profitable bankNet profit of ICBC, the largest global lender by market value for 2012, rose by 14.5% y/y to reach 238.7 bn yuan making itself the world's ...
- China's fiscal revenue touches $343 bnChina's fiscal revenue grew 30.6 per cent year-on-year to 2.6 trillion yuan($343 billion) in the first half of the year, putting the world'...
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