AI Hype Supercharges Chinese Stocks to a Three-Year High

AI Hype Supercharges Chinese Stocks to a Three-Year High

(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…

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Exclusive-Xi to chair symposium attended by Jack Ma and other Chinese business leaders, sources say

Exclusive-Xi to chair symposium attended by Jack Ma and other Chinese business leaders, sources say

(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…

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