Alibaba & Tencent Seeking DeepSeek
Alibaba and Tencent are backing AI startup DeepSeek in a fresh financing round that values the company at roughly $20 billion. The news lifted Alibaba’s U.S.‑listed shares and sparked a $624 million net buy of Hong Kong‑listed stocks via Southbound Stock Connect. Mainland investors rallied tech hardware and semiconductor names after the MIIT highlighted a 5G‑plus‑Industrial‑Internet push. Meanwhile, Shanghai’s Q1 GDP posted a 5.9% YoY gain, tempering broader market caution amid Middle‑East tensions.
Robot Wins Beijing Half Marathon
A Chinese‑made Honor robot won the Beijing half‑marathon, completing the 21‑kilometre course in 50 minutes 26 seconds—far faster than last year’s 2‑hour‑40‑minute winning time. The top three finishers operated fully autonomously, relying on onboard sensors, cameras and AI for navigation and...
Extremely Hard Indeed
Asian equity markets slumped after President Trump’s hard‑line remarks on Iran, with the Korean market leading losses while India posted a modest gain. Mainland Chinese investors poured roughly $1.1 billion into the Hong Kong Tracker ETF via Southbound Stock Connect, bringing...
From AI Devices to Ecosystems: Inside Asia’s Largest Consumer Electronics Expo
At the Appliance & Electronics World Expo (AWE) 2026, Chinese technology leaders highlighted a shift from standalone AI gadgets to fully integrated ecosystems that span wearables, home appliances, and mobility solutions. The showcase demonstrated coordinated AI platforms that enable devices...
Alibaba, JD, & Meituan Rocket On “The Takeout War Is Over”
Chinese regulators signaled an official end to the aggressive restaurant‑delivery price war that has strained Meituan, JD.com and Alibaba, prompting a sharp rally in their stocks. The State Administration for Market Regulation (SAMR) urged price supervision and anti‑unfair competition measures,...
Trump Delays China Trip, Tencent Reports Earnings Tomorrow
President Trump has asked to postpone his planned visit to China by a month, citing ongoing geopolitical tensions. Meanwhile, Chinese tech giant Tencent is slated to release its earnings tomorrow, a focal point for investors after a week of mixed...
Tencent & OpenClaw Adoption Lead Hong Kong Higher
Asian equities rallied after President Trump’s Iran remarks, with Hong Kong’s Hang Seng Index breaking back above 25,000. The surge was led by a wave of OpenClaw adoption, as Tencent unveiled its WorkBuddy AI agent and Alibaba launched HiClaw, sending...
Risk Off Rules The Day
Attacks in Iran and retaliatory strikes across the Middle East sparked a classic risk‑off rally, pushing the U.S. dollar higher and dragging most Asian equity markets lower, with the notable exception of commodity‑heavy Australia. Hong Kong’s benchmark indices fell sharply, while...
Mainland Investors Buy Dip On Earnings Unease
Mainland investors used the final pre‑Lunar New Year Stock Connect window to snap up roughly $600 million of Hong Kong‑listed shares, focusing on internet giants Tencent, Xiaomi and Meituan. The broader Asian equity landscape was mixed, with Korea and Thailand gaining...
Inside China’s EV Boom: Why the World’s Most Competitive EV Market Is in China
China remains the world’s largest electric‑vehicle market, with millions of EVs on its streets daily. The ecosystem features a dense mix of legacy manufacturers like BYD and tech entrants such as Xiaomi and Huawei, each launching high‑performance or software‑centric models....
Markets Say “Wrong Kevin”, Xiaomi & Ford Could Partner Up
Asian equity markets slumped after President‑Trump‑appointed Fed nominee Kevin Warsh signaled hawkish policy, prompting a broad risk‑off that also lifted the U.S. dollar. Meanwhile, the renminbi hit a 52‑week high at 6.94 per dollar even as commodity futures and semiconductor...