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Hong Kong stocks fall as US shutdown dampens investor sentiment
  • Finance

Hong Kong stocks fall as US shutdown dampens investor sentiment

Cs news9 months ago9 months ago02 mins

Hong Kong stocks fell on Monday as the US government shutdown hit investor sentiment and spurred demand for haven assets like gold. The Hang Seng Index declined 0.7 per cent to 26,944.34 as of 11am local time, trimming some of the 3.9 per cent gain recorded last week. The Hang Seng Tech Index lost 1.5…

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China aims to triple AI chip output, reducing Nvidia's dependency, FT says
  • China News

China aims to triple AI chip output, reducing Nvidia’s dependency, FT says

Cs news10 months ago02 mins

(Reuters) -China’s chipmakers are seeking to triple the country’s output of artificial intelligence chips in 2026, rushing to reduce dependence on Nvidia, the Financial Times reported on Wednesday. Huawei aims to begin production at a plant dedicated to making AI chips by year end, with two more facilities set to launch in 2026, the newspaper…

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