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29.06.26 - 12:30
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HKD7.3B Southbound Trading Net Outflow from TRACKER FUND (AAStocks)
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There was HKD1.5 billion, HKD948.3 million and HKD619.9 million Southbound Trading net inflow to TENCENT (00700.HK), SMIC (00981.HK) and HUA HONG GRACE (01347.HK).There was HKD7.3 billion and HKD427.3 million Southbound Trading net outflow from TRACKER FUND (02800.HK) and BABA-W (09988.HK).For Southbound Trading of Shanghai-Hong......
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29.06.26 - 12:06
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Baidu subsidiary Kunlunxin seeks US$50B IPO valuation, asks investors to buy its chips (Digitimes)
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Kunlunxin, the semiconductor subsidiary of Chinese search engine giant Baidu, is targeting a US$50 billion valuation for its Hong Kong public offering. The company is also asking investors to commit to buying its chips as a condition of participation, according to The Information, underscoring the competitive dynamics shaping chip makers as Beijing moves to strengthen its domestic AI supply chain....
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29.06.26 - 11:30
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TENCENT Spends Over HKD0.5B to Buy Back 1.189M Shares on Mon (AAStocks)
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According to a disclosure filing, TENCENT (00700.HK) repurchased a total of 1.189 million shares on the exchange today (29th), at prices ranging from HKD415.4 to HKD431.6 per share, involving more than HKD500 million.Since the share repurchase mandate was approved, TENCENT has cumulatively repurchased 31.0461 million shares, rep......
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29.06.26 - 10:42
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Baidu′s CFO on How It Became a Full-Stack AI Player | Odd Lots (Bloomberg)
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In the China tech space, Baidu is now a full-stack player in the AI industry. The company makes its own chips, has its own AI models (Ernie), its own cloud system, and it's integrating AI into its self-driving car business, Apollo Go. But before all this, Baidu was known for being China's leader in search. Things, obviously, have changed a lot since the company was founded in the late 1990s. In today's episode, we speak with Baidu CFO Henry He about the company's AI ambitions. He talks to us about maximizing token spend, how Chinese tech firms are thinking about safety and alignment, the global robotaxi competition, and how the core search business fits into the company now. (Source: Bloomberg)...
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