CLN KraneShares Baidu Q4 Earnings Overview Baidu reported Q4 2024 financial results after the close in Hong Kong and before US markets opened this morning. Expectations going into the release were muted, especially following Founder and CEO Robin Li’s absence from President Xi’s historic private economy symposium attended by internet and technology entrepreneurs. In Li’s…
BEIJING, – Chinese President Xi Jinping addressed more than a dozen founders and chief executives from some of China’s largest companies on Monday, in a bid to boost private sector sentiment. Chinese firms and their founders at Xi’s symposium Here are details of some of the firms, and their heads, in attendance: ALIBABA – JACK…
BEIJING (Reuters) – Chinese President Xi Jinping on Monday spoke at a symposium was attended by business leaders including Alibaba co-founder Jack Ma, state media reported, as Beijing grapples with a slowing economy and growing tensions with the U.S. Other private business leaders who attended the symposium included Huawei founder Ren Zhengfei, Xiaomi’s Lei Jun,…
In This Story After consecutive tariffs from the Trump administration and persistent inflation concerns, this week is expected to be relatively quiet, with only a handful of earnings reports from major companies. Elon Musk denies knowledge of a $400 million ‘Armored’ Tesla deal with the Trump Administration Read more: 5 sectors facing price hikes from…
Chinese AI startup DeepSeek founder Liang Wenfeng is reportedly set to meet with China’s top politicians, including Chinese leader Xi Jinping, during a summit that Alibaba founder Jack Ma is also expected to attend. The summit, which could happen as soon as next week, may be intended as a signal by China’s Communist Party that…
BEIJING (Reuters) – Alibaba’s announcement this week that it will partner with Apple to support iPhones’ artificial intelligence services offering in China has again thrust the spotlight on the country’s AI industry on the heels of DeepSeek. Following are some of the prominent AI services and their developers to watch in China. DOUBAO Developed by…
BEIJING – Alibaba’s announcement this week that it will partner with Apple to support iPhones’ artificial intelligence services offering in China has again thrust the spotlight on the country’s AI industry on the heels of DeepSeek. Following are some of the prominent AI services and their developers to watch in China. Developed by ByteDance, a…
Chinese President Xi Jinping will host a meeting next week with some of the nation’s top entrepreneurs – including six Hangzhou-based start-ups known as the “Six Little Dragons” – to recognise progress in critical areas of technological advancement and show support to the private sector, according to sources. Between 20 and 30 founders and chief…
Chinese President Xi Jinping plans to chair a symposium to boost private sector sentiment next week that will be attended by the country’s business leaders including Alibaba co-founder Jack Ma, three people with knowledge of the meeting said. Xi rarely chairs symposiums about the private sector, and the event underscores the numerous challenges currently facing…
(Reuters) – Chinese President Xi Jinping plans to chair a symposium to boost private sector sentiment next week that will be attended by the country’s business leaders including Alibaba co-founder Jack Ma, three people with knowledge of the meeting said. Xi rarely chairs symposiums about the private sector and the event underscores the numerous challenges…