While artificial intelligence (AI) start-up DeepSeek surprised the world with its latest low-cost reasoning model – dubbed R1 – the revelation reignited overseas interest in Chinese tech and capital market investments while raising expectations that a subsequent surge in AI-fuelled productivity will serve to elevate the national economy. From analysts to economists, many point to…
Hong Kong stocks dropped from a four-week high after an official report showed that China’s deflationary pressure is lingering, as investors look ahead to a key economic policy meeting. The Hang Seng Index fell 0.6 per cent to 19,753.26 at the noon break. The Hang Seng Tech Index also slipped 0.6 per cent. China’s CSI…
President Xi Jinping has issued a slew of economic-centric instructions in the past week, at a time all eyes are watching Beijing’s stimulus package aimed at shoring up China’s economy. The latest message from Xi was conveyed on Sunday in the northeastern city of Tianjin during an event to celebrate the 40th anniversary of China’s…