(Bloomberg) — Chinese stocks in Hong Kong extended a recent rally as the nation’s growing capabilities in artificial intelligence boosted optimism over the market’s outlook, while a potentially momentous show of support for the private sector gave sentiment an extra lift. Most Read from Bloomberg The Hang Seng China Enterprises Index jumped 4.1% on Friday…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 12, 2025. Brendan McDermid | Reuters Humans are forward-looking creatures. It allows us to plan for the future, increasing our chances of survival and success, but can also bog us down as we get mired in anxiety…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jack Dwyer, CEO of Infusive Asset Management, shares his take on Chinese equities and adds that the buzz around DeepSeek may be a catalyst for international investors to return to the market. Source link
(Bloomberg) — Billionaire investor David Tepper ramped up his stake in China-related stocks and exchange-traded funds last quarter, just before the development of DeepSeek reignited a rally in the country’s shares. Most Read from Bloomberg The president and founder of Appaloosa Management LP, who made waves in September with a call to buy “everything” related…
Meituan Dianping application icons are displayed on an Apple Inc. iPhone in Hong Kong, China, on Friday, March 23, 2018. Justin Chin | Bloomberg | Getty Images Asian tech stocks rose Tuesday, following news that U.S. president Donald Trump had paused tariffs on Mexico for a month, while also postponing tariffs on Canadian exports. Gains…
The Chinese social media app RedNote is full of cute, heartwarming moments after about 500,000 American users fled to it last week to protest the looming U.S. government ban on TikTok. Calling themselves “TikTok refugees,” these users paid the “cat tax” to join RedNote by posting cat photos and videos. They answered so many questions…
Faced with the possible loss of TikTok, hundreds of thousands of people in the United States have downloaded Xiaohongshu, one of China’s most popular social media apps. Also called RedNote, Xiaohongshu has been the most downloaded free app in the United States on the Apple store since Tuesday. The app lets users share short videos…
China is looking to challenge the U.S. in artificial intelligence. China’s tech giants have launched their own AI models. Niphon | Istock | Getty Images China’s race to develop smarter-than-human artificial intelligence may put it ahead of the U.S., but such ground-breaking technology could also risk lessening the stronghold that the ruling Communist Party has…
Check out the companies making headlines in midday trading: Global pharma stocks — Shares of several vaccine makers declined after President-elect Donald Trump selected prominent vaccine skeptic Robert F. Kennedy Jr. as health secretary on Thursday. Shares of Moderna and Pfizer slipped nearly 9% and 5%, respectively. BioNTech , which helped develop a Covid vaccine with…
My top 10 things to watch Friday, Nov. 15 1. President-elect Donald Trump’s decision to nominate prominent vaccine skeptic Robert F. Kennedy Jr. to lead the Department of Health and Human Services has vast implications for drug companies. That’s why shares of pharma stocks, and vaccine makers in particular, sold off late Thursday when reports…