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Bridgewater reports mixed returns after pruning Alibaba, adding bets on Li Auto, Baidu

Bridgewater Associates trimmed most of its holdings in US-listed Chinese stocks last quarter, including bets on Alibaba Group Holding and…

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New Business

With DeepSeek, China moves to take on Nvidia’s CUDA ecosystem

DeepSeek is generating unprecedented momentum for China’s efforts to reduce its reliance on the ecosystem of Nvidia, as domestic chip…

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New Business

DeepSeek founder Liang Wenfeng skips Paris AI summit as China champions its global role

DeepSeek’s founder Liang Wenfeng skipped the two-day Artificial Intelligence Action Summit in Paris despite being invited to attend, as top…

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Hong Kong fund invests to usher medical innovations into mainland hospitals

The Hong Kong government’s HK$62 billion (US$8 billion) investment fund is teaming up with a medical group co-founded by the…

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Alibaba offers more DeepSeek AI models at low prices, denies investment rumours

Alibaba’s cloud computing and AI unit is offering six new DeepSeek models through its large language model (LLM) service platform…

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DeepSeek’s growth in China surges past ByteDance’s Doubao in AI app race

The chatbot app from artificial intelligence (AI) sensation DeepSeek has overtaken Doubao, the equivalent product from TikTok parent ByteDance, as…

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Hong Kong stocks gain after US reversal on package ban

Hong Kong stocks rose on Thursday, following gains in the US as traders navigated nonstop news around the trade battle…

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World’s top AI brains debate if DeepSeek’s model is a game changer

Major figures in artificial intelligence (AI) acknowledge the accomplishment of Chinese start-up DeepSeek, but caution against exaggerating the company’s success,…

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Hong Kong stocks tumble by most in a month on Trump’s China tariffs

Hong Kong stocks fell sharply in the first trading since US president Donald Trump announced tariffs on Chinese goods, as…

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New Business

Hong Kong stocks gain on valuation focus as DeepSeek sparks US tech rout

Hong Kong stocks rose, bucking losses in regional markets, on speculation global funds will switch from expensive US tech companies…

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