Tycoon Richard Li to sell HKEJ publisher to PCCW for US$9 million in asset reshuffle
Hong Kong tycoon Richard Li Tzar-kai is reshuffling his assets again, this time by selling his personal interest in the ...
Hong Kong stocks gain on valuation focus as DeepSeek sparks US tech rout
Stocks rise on bets investors will look for cheaper options after DeepSeek’s popular low-cost AI model sparked a US$1 ...
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Chinese tech giant Alibaba launches advanced AI model to rival GPT-4
Chinese tech and e-commerce giant Alibaba on Wednesday announced the release of Qwen2.5-Max, an advanced artificial intelligence model that the company says outperforms several leading AI systems in ...
Alibaba To Sell Chinese Hypermarket Operator As It Focuses On Core Business
Private equity firm DCP Capital has agreed to acquire Alibaba’s majority stake in Sun Art, which operates the RT-Mart chain and the Costco-like M-Club membership stores across China.
Hong Kong stocks jump as UBS sees big fund inflows amid state support plans
UBS estimates US$236 billion of fund inflows in 2025 as a result of Beijing’s directive to funds to shore up the capital ...
Some China Stocks Are Rising on AI Optimism. Japan, Europe Indexes Fall.
The news that a Chinese start-up has created an artificial intelligence bot to rival ChatGPT at a fraction of the cost is ...
Alibaba launches new AI model targeting rival DeepSeek, China's hottest start-up
Alibaba Group Holding released on Wednesday an upgraded version of its Qwen artificial intelligence (AI) model, which it said ...