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    • Tencent

    China’s Silicon Valley benefits from high-tech focus: production and investments increase
    Alabama

    China’s Silicon Valley benefits from high-tech focus: production and investments increase

    Shenzhen’s high-tech economic activities have emerged as a bright spot amid China’s sluggish economy, with the southern Chinese city seeing strong growth in advanced industrial production and investment. The value added of the city’s major manufacturers of computers, communications equipment…

    Posted on Idris Bevan
    China’s leading technology companies double their AI spending despite US sanctions
    Alabama

    China’s leading technology companies double their AI spending despite US sanctions

    China’s leading technology companies have significantly increased their capital spending this year, focusing heavily on artificial intelligence infrastructure, despite ongoing U.S. sanctions aimed at curbing China’s progress in this important sector. Alibaba, Tencent and Baidu spent a combined 50 billion…

    Posted on Idris Bevan
    China’s AI price war could trigger global technology showdown
    Alabama

    China’s AI price war could trigger global technology showdown

    Chinese technology giants are slashing prices for artificial intelligence (AI) models and Silicon Valley is feeling the pressure. Fierce competition, initially sparked by companies like Baidu in China, is changing the global AI landscape. As prices fall, companies worldwide could…

    Posted on Idris Bevan
    Top consultant: China’s technology center Shenzhen is ripe for property tax trial at “critical moment”
    Alabama

    Top consultant: China’s technology center Shenzhen is ripe for property tax trial at “critical moment”

    China should consider expanding its land tax experiment to Shenzhen and some lower-tier cities, a senior government adviser said. Such a move would pave the way for the long-delayed legislation and its nationwide implementation, while also providing a new source…

    Posted on Idris Bevan
    Momentum in Hong Kong growth stocks continues
    New Jersey

    Momentum in Hong Kong growth stocks continues

    CLN CraneShares Important news Asian equity markets were mixed on weak news ahead of the US Federal Reserve’s Jackson Hole meetings, with the US dollar weakening against Asian currencies and Hong Kong, Thailand and Malaysia outperforming while Japan and South…

    Posted on Seren Anwen
    Can China’s tech giants survive without consumers?
    Alabama

    Can China’s tech giants survive without consumers?

    Last week’s earnings reports from Chinese technology companies should be a wake-up call for Beijing. Alibaba Group Holding Ltd. and JD.com Inc. pulled out all the stops to get customers to spend during their 618 shopping festival, a Black Friday-like…

    Posted on Idris Bevan
    Chinese tech giants use AI for online interactions
    Alabama

    Chinese tech giants use AI for online interactions

    China’s leading technology companies are increasingly integrating artificial intelligence (AI) into their services, transforming the way millions of people interact, learn and work online. The integration of AI, particularly in social media, education and workplace tools, is significantly reshaping China’s…

    Posted on Idris Bevan
    BREAKING NEWS: Linmon Media slips into the red due to TV series delay – Bamboo Works
    Frisco

    BREAKING NEWS: Linmon Media slips into the red due to TV series delay – Bamboo Works

    The latest: Producer of television dramas Linmon Media Ltd. (9857.HK) said On Friday, the company expected a net loss of between 50 million and 55 million yuan ($7 million) for the first half of the year, compared to a profit…

    Posted on Bronwen Cerys
    Tencent’s super app WeChat strikes a balance between everyday tool and public service platform
    Massachusetts

    Tencent’s super app WeChat strikes a balance between everyday tool and public service platform

    Great app WeChatoperated by Video games And Social Media giant Tencent Holdingscontinues to perform a delicate balancing act between its role as the main source of income for the ShenzhenThe company is based in China and an important platform for…

    Posted on Idris Bevan

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