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China targets AI-powered price manipulation in new antitrust guidelines

A draft of the “Anti-Monopoly Compliance Guidelines for Internet Platforms”, published over the weekend by the State Administration for Market…

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Singapore’s Temasek invests in WeRide, Pony.ai to boost China tech holdings

The state-owned company bought about 1.4 million shares of WeRide and 14,500 shares of Pony.ai in the September quarter, according…

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US funds tread carefully on China as Oaktree and Appaloosa recalibrate positions

Major US fund managers stayed cautious on China in the third quarter, with Oaktree Capital Management rebalancing its exposure to…

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Hong Kong stocks slide most in a week on soft China economic data, fading US rate cut bets

Hong Kong stocks fell by the most in a week, triggered by China’s sluggish economic data, uncertainty over an interest-rate…

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Hong Kong stocks fall from 1-month high as investors await Tencent earnings, China data

Hong Kong stocks retreated from a one-month high on Thursday as investors held off bets ahead of quarterly results from…

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Alibaba doubles down on ‘super-scale’ computing infrastructure plans as AI demand grows

Meeting the AI industry’s demand “requires super-scale infrastructure and full-stack technology accumulation”, Wu told the audience at Friday’s opening of…

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Hong Kong stocks tumble as AI bubble fears hit Wall Street

Hong Kong stocks extended losses on Wednesday, tracking Wall Street’s weakness amid growing fears of an artificial intelligence bubble, while…

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Hong Kong stocks advance on Amazon-OpenAI tech alliance despite Fed uncertainty

Hong Kong stocks edged up on Tuesday, helped by a tech rally sparked by Amazon’s US$38 billion partnership with OpenAI,…

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Alibaba expands instant commerce efforts with US$281 million Taobao convenience store push

Alibaba Group Holding on Friday unveiled a 2 billion yuan (US$281 million) investment as part of a programme that will…

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Li Auto CEO tops Hong Kong’s highest-paid directors list for 2024: Webb-site

Chinese electric-vehicle maker Li Auto’s founder and CEO Li Xiang topped Hong Kong’s paid director ranking for 2024 with a…

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