Chinese technology stocks advanced sharply on Friday, with Alibaba Group Holding Ltd. jumping 11.41% in Hong Kong trading, as investors responded to positive earnings guidance and anticipated monetary policy easing from Beijing.
President Donald Trump said tariffs on Canada, Mexico, and China will go into effect Tuesday. Trump is proposing an additional 10% tariff on Chinese imports. China vowed to respond. Chinese stocks struggled today after President Donald Trump said additional tariffs on Chinese imports are slated to go into effect Tuesday.
Nvidia's H20 chip gains traction in China amid AI demand surge, with Tencent, Alibaba, ByteDance leading orders. Discover how U.S.
Tencent Holdings (OTCPK:TCEHY) shares rose to their highest since 2021 on Monday after the Chinese tech firm said its WeChat messaging app (or Weixin in Chinese) has launched beta testing with Deepseek (DEEPSEEK),
Chinese tech giants Tencent, Alibaba, and ByteDance have ramped up orders for Nvidia's H20 AI chips, driven by the rising adoption of DeepSeek's cost-efficient AI models, reinforcing Nvidia's dominance in China despite U.
Chinese tech stocks continued to be a bright spot in the stock market as the tech-heavy Nasdaq Composite fell slightly. Chinese officials have signaled they are open to supporting the sector as it becomes increasingly important for the struggling Chinese economy.
Tencent Holdings Ltd. became the latest tech company to unveil or enhance an AI model intended to eclipse DeepSeek, joining a spate of rollouts since the startup’s emergence energized the US-China technology race.
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain consumer sentiment and decelerating economic
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their ...
Chinese tech giant Alibaba announces enormous investment in AI
Alibaba and Other China Tech Stocks Tumble
Shares in U.S.-listed Chinese technology companies such as Alibaba, JD.com and Temu's parent company PDD fell sharply Monday. Alibaba in afternoon trading stood about 9.7% lower, while PDD lost 9.3%.
Alibaba Stock Falls After China Tech Giant Pledges $52 Billion AI Spending Push
Alibaba Cloud Revenue Accelerates. The big spending plans comes as investors are scrutinizing costs related to AI, particularly after China startup DeepSeek launched a powerful AI
Alibaba Group Holding's Q3 earnings beat expectations, and its AI and cloud investments position it well for long-term gains. Click to read why BABA is a Buy.
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Chinese leader Xi Jinping hosted Alibaba co-founder Jack Ma and the country’s top tech executives in Beijing on Monday, in a meeting that signals officials could be steering the country in a more business-friendly direction after a yearslong regulatory crackdown.
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