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Global Market: Hong Kong stocks slump to four-month low as China stimulus hopes fadeHong Kong stocks plunged to a four-month low, while mainland Chinese blue-chip shares approached bear-market territory as technology stocks...- Japan’s Nikkei jumps over 1% as AI optimism lifts chip stocks; exports rise 16.7%Japan’s Nikkei 225 rose 1.56% as renewed optimism over AI demand and gains on Wall Street lifted investor sentiment. Strong export growth a...
- ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip ordersUS-based chipmaker Nvidia has told customers and partners it cannot guarantee that it can fill the orders because demand from Chinese techn...
- SoftBank junk bond sale raises stakes for CEO Son's all-in AI betSoftBank's promise to pay its highest-ever yields in a record $11 billion junk-bond offering highlights the pressure on CEO Masayoshi Son t...
- Global Market: AI trade faces biggest test yet as chip stocks tumble across AsiaAsian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investo...
- Tencent sells dollar, dim sum bonds amid AI spending spreeTencent Holdings is selling US dollar and offshore Chinese yuan, or dim sum, bonds in a deal that could raise at least $4.5 billion as the ...
- Moonshot execs in talks to settle dispute with shareholder ahead of planned IPO, people sayMoonshot, a Chinese AI startup, is currently in discussions with Recurrent.ai amidst a backdrop of legal challenges concerning alleged misc...
- Lessons from Chinese AI Firms on Owning Customers’ HabitsAs U.S. AI firms compete in an escalating race for superior models, bigger benchmarks, and more advanced features, Chinese companies are pu...
- Global AI trade roars back as Meta’s personal agent fuels optimismGlobal AI stocks and chipmakers rallied following the strong debut of Meta's Muse AI agent. The surge boosted semiconductor shares like Sam...
- Global funds, same tech bet? The diversification trap Indian investors may missMany Indian investors mistakenly believe they diversify their portfolios by adding foreign countries. However, numerous global indices ofte...
- Manus eyes $4 billion value in first round since Meta breakupThe planned $500 million financing round is set to close soon and would make the agentic AI pioneer China’s most valuable startup in its fi...
- Global Market: Tencent-backed Enflame soars 200% in blockbuster Shanghai IPO debutTencent-backed Shanghai Enflame Technology surged nearly 200% in its Shanghai debut after raising $912 million through its IPO. Strong inve...
- Global Market: China, Hong Kong stocks fall as rate hike fears weigh on sentimentChina and Hong Kong stocks fell on Friday, with the CSI300 and Hang Seng heading for weekly losses amid thin trading volumes, weaker liquid...
- Flipkart launches standalone Minutes app, rolls out food delivery pilot ahead of BBD saleFlipkart has launched a standalone app for its quick commerce arm Flipkart Minutes, ahead of its Big Billion Days sale. The company is also...
- Swiggy sees 4% equity change hands in block deals; shares gain 2.5%Swiggy shares rose 2.53% following block deals involving 4% equity. The company faces MSCI index removal on September 7 due to foreign owne...
- Chinese AI firm Moonshot files confidentially for Hong Kong IPOMoonshot's latest version, Kimi K3 released in July, has met with positive reviews and robust demand, and sources have said the startup is ...
- Swiggy shares fall 2%, down for 3rd session, as MSCI set to remove stock from Global Standard Indexes from September 7Shares of Swiggy experienced a decline following MSCI's decision to exclude the company from global indexes, prompted by its shift to full ...
- Flipkart launches microdrama on main app to drive platform engagementThe vertical is placed within Flipkart's main ecommerce app under 'Play' – which has a content-led shopping discovery platform ‘Explore’ an...
- Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO priceEnflame Technology, a prominent Chinese AI chip manufacturer, is set to raise over $900 million through its IPO in Shanghai. This initiativ...
- Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO priceEnflame is China's latest AI chipmaker to go public as Beijing steps up its tech self-sufficiency drive, with the United States banning e...
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