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07.08.26 - 00:18
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DeepSeek Resumes $74BN Mega-Raise - Then Warns It′s Jacking-Up Prices (ZeroHedge)
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DeepSeek Resumes $74BN Mega-Raise - Then Warns It's Jacking-Up Prices
Chinese AI startup DeepSeek is looking to raise roughly 50 billion yuan at a valuation of 500 billion yuan (US$74 billion) - while the company warned developers a day later that it's raising prices. The resumed funding round, first reported by Chinese business outlet Caijing (via The Standard), is expected to be signed by the end of the month, with the process kept deliberately quiet; some participating institutions reportedly haven't even been formally told the deal is back on. The pricing notice, posted Thursday to DeepSeek's developer platform, warns that API rates will rise across the board and that the increase is expected to be "significant."
Image: Mojahid Mottakin - stock.adobe.com
The round restarts barely two weeks after it was shelved, and roughly six weeks after DeepSeek's first-ever external raise in June, which pulled in some $7.4 billion from Tencent, CATL, Beijing's National AI Indust...
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06.08.26 - 22:12
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Genpact Reports Second Quarter 2026 Results (PR Newswire)
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Advanced Technology Solutions net revenue growth, up 24% year-over-year, drives Q2 performance NEW YORK, Aug. 6, 2026 /PRNewswire/ -- Genpact Limited (NYSE: G), the Agentic Operations company, today announced financial results for the second quarter ended June 30, 2026. "Q2 was another......
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06.08.26 - 12:45
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HKD2.7B Southbound Trading Net Inflow to MINIMAX-W (AAStocks)
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There was HKD2.7 billion, HKD753.2 million and HKD593.2 million Southbound Trading net inflow to MINIMAX-W (00100.HK), KB LAMINATES (01888.HK) and YOFC (06869.HK).There was HKD2.2 billion, HKD1.6 billion and HKD1.1 billion Southbound Trading net outflow from TENCENT (00700.HK), BABA-W (09988.HK) and SMIC (00981.HK).For Southboun......
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06.08.26 - 11:06
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Unitree′s impending IPO draws Meituan and Tencent as investors (Digitimes)
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Chinese robotics company Unitree is entering a critical stage in its initial public offering. The IPO is expected to raise about CNY4.2 billion (approximately US$622 million), while the company's post-listing valuation could range from CNY40 billion to CNY50 billion. It would become the first company on China's A-share market whose primary investment theme is humanoid robotics....
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06.08.26 - 10:30
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Full-day Takeaway: HSI Down 385 pts; HSTI Down 112 pts; WHARF REIC Up over 13%; WHARF REIC, TECHTRONIC IND, GENSCRIPT BIO, ABLE DIGITAL, CATHAY PAC AIR Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 385 pts or 1.5% to 25,530. HSTI dropped 112 pts or 2.3% to 4,820. HSCEI fell 105 pts or 1.2% to 8,498. Market turnover reached $255.23 billion.Active Heavyweights:BABA (09988.HK) closed at $124.4, down 2.9%XIAOMI (01810.HK) closed at $26.86, down 2.8%TENCENT (00700.HK) closed at $479.2, down 2.6%HSI & HSCEI......
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06.08.26 - 08:33
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Tencent: Cleverer Schachzug (Der Aktionaer)
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Die Tencent-Aktie hat sich in den vergangenen Wochen spürbar erholt und ist kürzlich sogar auf ein Mehrmonatshoch ausgebrochen. Vor den Quartalszahlen am kommenden Mittwoch hat das Unternehmen mitgeteilt, dass man den internationalen Zugang zu seinem KI-Modell Hy3 erweitern wird....
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05.08.26 - 12:45
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HKD1.2B Southbound Trading Net Inflow to SMIC (AAStocks)
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There was HKD1.2 billion, HKD990.4 million and HKD881 million Southbound Trading net inflow to SMIC (00981.HK), HUA HONG GRACE (01347.HK) and KB LAMINATES (01888.HK).There was HKD844.2 million Southbound Trading net outflow from TENCENT (00700.HK). For Southbound Trading of Shanghai-Hong Kong Stock Connect, SMIC (00981.HK) was t......
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