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Global Market: Chinese stocks advance on AI, chip rally; Hong Kong shares slipChinese mainland stocks advanced, led by gains in AI, semiconductor and metal shares, while Hong Kong equities declined as investors booked...- The geopolitics of AI: Why WAICO mattersChina's formation of the World Artificial Intelligence Cooperation Organization marks a pivotal moment in the global AI landscape, marking ...
- Pocket-size AI: Powerful phones star at China showTech firms are developing AI agent smartphones that could revolutionize mobile use. These advanced phones aim to perform tasks using voice ...
- China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPOThe plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $...
- China's Moonshot unveils world's largest open AI model, closing in on US rivalsThe launch, which comes a month after Anthropic's Fable and Mythos models were abruptly withdrawn by the U.S. government due to security co...
- Chinese filing implies DeepSeek valuation of around $52 billionThe stock-exchange filing offers rare public evidence about the pricing and investor lineup of DeepSeek's maiden external fundraising, whic...
- China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPOThe plan comes just weeks after the Hangzhou-based company, which drew global attention with its low-cost AI models in 2025, raised about $...
- 'Like my lover': Chinese users bid farewell to AI companionsChina implemented new rules on Wednesday to limit emotional reliance on AI companions. Major AI providers suspended custom agent and compan...
- US official says Nvidia has begun shipping powerful H200 AI chips to ChinaIn May, Reuters reported the Commerce Department had cleared around 10 Chinese firms to buy the H200, but no deliveries had been made at ...
- Udaan avoids bankruptcy, reaches agreement with offshore creditors to settle $178 million claimBlackrock, world’s largest asset manager has agreed to provide $45 million of fresh credit facility. The restructuring will also include up...
- ZTE among Chinese firms licensed to purchase Nvidia's H200 chips, documents showUS regulators have approved some Chinese companies to buy advanced AI chips. ZTE Kangxun Telecom and Maginfra can purchase Nvidia's H200 ch...
- DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founderLiang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well ...
- Christopher Wood warns of AI fatigue. Why Jefferies is turning to India and ChinaChristopher Wood of Jefferies warns that the AI trade is showing signs of fatigue as investors seek cheaper value opportunities. With India...
- Flipkart faces sellers' heat; Zetwerk IPO gets Sebi nodA sellers' body has filed a complaint against Flipkart, alleging unfair business practices. This and more in today's ETtech Top 5.
- ETtech Explainer: How the Meta-Manus deal came apart, and Tencent moved inChinese regulators ordered Meta to reverse its $2 billion acquisition of the company. Tencent is working with Manus' early investors, inclu...
- Global Market | Tencent explores stake in AI Startup Manus after China challenges Meta deal: ReportsTencent is in talks to become the largest shareholder in AI startup Manus as investors seek to buy back the company from Meta after Chinese...
- Tencent in talks to become AI startup Manus' largest shareholderTencent, together with Manus' original investors, including ZhenFund and HSG, are planning to buy the company back from Meta for no less th...
- Tencent unit seeks up to $1.55 billion from short-video company Kuaishou share saleThe Tencent unit is offering about 273 million Kuaishou Class B shares at HK$43.15 ($5.50) to HK $44.53 each. The range values the sale at...
- Alibaba, Tencent back Kuaishou's Kling AI in $2.8 billion fundraiseChinese tech giant Kuaishou's AI video unit, Kling AI, has secured over 19 billion yuan ($2.80 billion) in funding from investors including...
- Dragon trails on AI bullet train as stocks shed most since 2001Chinese stocks are experiencing a significant downturn in 2026, with the MSCI China Index plummeting 15%, marking its worst performance glo...
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