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03.02.26 - 09:15
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Research: Citi Expects Limited Impact From Googles Project Genie on TENCENT (AAStocks)
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Regarding market concerns that whether last Friday's US gaming stock sell-off triggered by Google's Project Genie (a global generative AI) announced on January 30 will also hurt Chinese gaming companies, Citi wrote in its research report that it believes the impact will be rather limited.In fact, Citi estimates that the ......
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03.02.26 - 09:15
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Full-day Takeaway: HSI Closes at 26,834, Up 59 pts; HSTI Closes at 5,467, Down 59 pts; CSPC PHARMA Up over 8%; NEW ORIENTAL, HSBC HOLDINGS, MTR CORPORATION, POWER ASSETS, CIMC Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 59 pts or 0.2% to 26,834. HSTI dropped 59 pts or 1.1% to 5,467. HSCEI fell 27 pts or 0.3% to 9,053. Market turnover reached $335.15 billion.Active Heavyweights:TENCENT (00700.HK) closed at $581, down 2.9%MEITUAN (03690.HK) closed at $93.2, down 1.7%BABA (09988.HK) closed at $161, down 1.4%XIAOMI (01810.HK) clo......
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03.02.26 - 09:06
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ByteDance reportedly eyes 2Q26 launch for new Doubao phone with dual-track partnerships (Digitimes)
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Tencent CEO Pony Ma sharply criticized the Doubao phone as "extremely unsafe and irresponsible" at the company's year-end meeting in late January 2026. However, recent reports from China's supply chain reveal that ByteDance launched the official version project of its Doubao phone assistant at the end of 2025, aiming to release a next-generation model in the second quarter of 2026....
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03.02.26 - 08:33
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Steuererhöhung droht! – Alibaba, Baidu und Tencent unter Druck (Der Aktionaer)
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Die Papiere der chinesischen Tech-Konzerne sind am Dienstag im heimischen Handel unter Druck gekommen. Der Hang Seng Tech Index, das chinesische Pendant zum Nasdaq100, fiel in Spitze um mehr als vier Prozent. Auslöser für den Absturz war die Nachricht, dass die Regierung die Mehrwertsteuer für Internetdienstleister anheben könnte....
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03.02.26 - 02:54
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Hong Kong stocks rise on easing geopolitical tensions, precious metals′ gain (SCMP)
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Hong Kong stocks rose on Tuesday, tracking overnight gains on Wall Street, as precious metals climbed after geopolitical tensions eased, stabilising risk sentiment.
The Hang Seng Index climbed 0.8 per cent to 26,995.76 at the open, paring some of the 2.2 per cent loss recorded in the previous session. The Hang Seng Tech Index gained 0.7 per cent. On the mainland, the CSI 300 Index lifted 0.9 per cent and the Shanghai Composite Index added 0.7 per cent.
Online-game provider NetEase jumped 3.6 per......
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03.02.26 - 02:30
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MEITUAN-W Plans to Adjust Shared Power Bank Agency Policy (AAStocks)
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MEITUAN-W (03690.HK) is set to make significant adjustments to its shared power bank agency policy this year, involving various aspects such as equipment procurement, revenue distribution, and operational assessment, Chinese media quoted insiders as saying. In the procurement phase of shared power bank cabinets, the price and pr......
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02.02.26 - 15:01
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Red packet rumble: will Tencent′s cash giveaway work again in crowded AI market? (SCMP)
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Chinese tech giant Tencent Holdings aims to replicate the success of WeChat Pay by splashing cash for its artificial intelligence app Yuanbao, but analysts are sceptical about whether subsidies can move the needle in the increasingly crowded market.
Yuanbao's 1 billion yuan (US$144 million) promotional campaign, which gives out cash through digital red packets to drive adoption, kicked off with a high-profile launch on Sunday, as many users woke up to find their WeChat groups flooded with......
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02.02.26 - 10:36
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Silver bullet: New Oriental pivots to late-age learners as China ages (SCMP)
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China's largest private education company in terms of market value has begun offering leisure courses such as dance and photography for older adults in Beijing, as it pivots towards the country's fast-growing silver economy.
Beijing-based New Oriental Education & Technology Group – which is dual listed in New York and Hong Kong – built its reputation by helping millions of Chinese students prepare for overseas English-language tests such as the Test of English as a Foreign Language (TOEFL) and......
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02.02.26 - 10:03
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BOSS Zhipin Continues Executing Share Repurchase Program (GlobeNewswire EN)
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BEIJING, Feb. 02, 2026 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HK: 2076) today announced the continued execution of its share repurchase program, utilizing over RMB20 million to repurchase 321,276 ordinary shares. The Company has spent over RMB113 million on share repurchases over the past two weeks. This move is part of the Company's ongoing commitment to shareholder returns. Under its existing repurchase program, BOSS Zhipin may repurchase up to USD250 million worth of its shares by the end of August 2026....
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02.02.26 - 09:48
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Alibaba′s Qwen ramps up AI app race with Spring Festival giveaway blitz (SCMP)
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Alibaba Group Holding has joined rivals including Tencent Holdings and Baidu in rolling out Spring Festival red-packet giveaways to drive mass-market adoption of its artificial intelligence, committing 3 billion yuan (US$432 million) to spur spending across its ecosystem as it seeks to extend its edge in foundational models to consumer-facing products.
The Hangzhou-based e-commerce and AI giant said on Monday that its AI app Qwen would anchor a Spring Festival campaign across its flagship......
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