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20.07.26 - 03:42
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Beijing steps in to stem China′s stock market decline with US$8.9b in state purchases (SCMP)
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Two state-backed firms bought Chinese stocks for about 60 billion yuan (US$8.86 billion) to stem a decline in equities, in a clear sign of government intervention amid market turbulence.
China Reform Holdings spent more than 50 billion yuan buying mainland-listed stocks, it said in a statement on Sunday night, adding that it would continue to increase holdings of companies owned by the central government. Meanwhile, China Chengtong Holdings Group said in a separate statement that it bought......
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20.07.26 - 03:30
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China Shares May See Mild Support On Monday (AFX)
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BEIJING (dpa-AFX) - The China stock market has finished lower in three straight sessions, sinking almost 200 points or 5.2 percent along the way. The Shanghai Composite Index now sits just above t......
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20.07.26 - 02:36
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China′s Moonshot Eyes IPO After Sparking Another "DeepSeek Moment" For US AI Stocks (ZeroHedge)
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China's Moonshot Eyes IPO After Sparking Another "DeepSeek Moment" For US AI Stocks
Chinese startup Moonshot AI sparked another DeepSeek-like moment for US AI stocks and hyperscalers last week. David Sacks, the former White House AI and cryptocurrency czar, warned that this is "very concerning."
Moonshot AI debuted Kimi K3, which ranks number three on the Artificial Analysis Intelligence Index, trailing only OpenAI's GPT-5.6 Sol and Anthropic's Fable 5. This only shows the continued trend of open-weight models toward the AI frontier.
Kimi K3 has emerged as a top challenger across reasoning and coding workloads, highlighting the rapid pace of innovation and the increasing competitive pressure on models in terms of capabilities and downward trend in pricing. This only sparked weakness in sentiment toward AI US stocks and hyperscalers last week due to their massive capex binges to build out data centers.
Related:
Goldman Warns Massive Hyperscaler Bond Issuance Means "R...
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18.07.26 - 17:06
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Der DeepSeek-2.0-Moment ist da (Der Aktionaer)
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Am Freitag hat das chinesische KI-Start-up Moonshot AI auf der World Artificial Intelligence Conference mit seinem neuen Modell Kimi-K3 begeistert. Kimi-K3 ist in den High-End-Modelle von OpenAI (GPT-5.6 Sol) und Anthropic (Fable 5) in sämtlichen Benchmark-Tests mindestens ebenbürtig oder übertrifft diese sogar... --- Der deutsche KI-Experte Kim Isenberg, beschrieb die Veröffentlichung von Kimi-K3 auf der Social-Media-Plattform X sogar als „DeepSeek-2.0-Moment“. Der Grund dafür ist, dass Kimi-K3 nicht nur mit den US-Modellen mithalten kann, sondern auch noch rund 60 bis 70 Prozent günstiger ist..
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17.07.26 - 03:24
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Losing Streak May Continue For China Shares (AFX)
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BEIJING (dpa-AFX) - The China stock market has finished lower in two straight sessions, sinking almost 85 points or 2.2 percent along the way. The Shanghai Composite Index now sits just above the ......
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