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03.12.25 - 18:57
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Corporate News: Diginex Limited (EQS)
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Diginex unterzeichnet Absichtserklärung zum Erwerb der KI-Plattform Plan A (plana.earth), die unter anderem von Chloe, BMW, der Deutschen Bank, Visa und Trivago genutzt wird...
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03.12.25 - 15:06
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Shanghai launches clampdown on property market doom-mongering (SCMP)
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Shanghai has launched a crackdown on online content that talks down the property market, as the sector remains mired in a prolonged downturn and two leading data providers pull back on releasing updated sales figures for China's top developers.
The Shanghai branch of the Cyberspace Administration of China said it had instructed platforms including RedNote and Bilibili – often dubbed China's answer to Instagram and YouTube – to remove content deemed to be spreading misleading or alarmist......
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03.12.25 - 11:30
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HKD870.3M Southbound Trading Net Inflow to XIAOMI-W (AAStocks)
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There was HKD870.3 million, HKD427.2 million and HKD297.9 million Southbound Trading net inflow to XIAOMI-W (01810.HK), BABA-W (09988.HK) and MEITUAN-W (03690.HK).There was HKD732.7 million, HKD419.1 million and HKD107.7 million Southbound Trading net outflow from TENCENT (00700.HK), SMIC (00981.HK) and XTALPI (02228.HK).For Sou......
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03.12.25 - 11:06
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Elon Musk reiterates aim to transform X into a ′WeChat++′ super app (SCMP)
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Elon Musk says he aspires to transform his social media platform X into “WeChat++”, akin to Tencent Holdings' flagship super app, by integrating various social and finance features.
On a recent People by WTF podcast hosted by entrepreneur Nikhil Kamath, Musk cited the extensive utility of WeChat as a model for X – previously known as Twitter, which he bought for US$44 billion in October 2022.
“You can exchange information, you can publish information, you can exchange money,” Musk said,......
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03.12.25 - 11:00
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TENCENT Buys Back 1.04M Shrs for ~$636M (AAStocks)
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Today (3rd), TENCENT (00700.HK) repurchased 1.04 million shares on the Hong Kong Stock Exchange at a price per share ranging from $609 to $616, involving nearly $636 million. Since the repurchase mandate resolution was approved on 14 May, the Company has repurchased a total of 83.058 million shares, accounting for 0.90388% of it......
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03.12.25 - 10:06
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Alibaba′s Qwen app becomes the world′s fastest growing AI app as MAUs surge 149% (SCMP)
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Alibaba Group Holding's new flagship artificial intelligence app Qwen was the fastest growing AI app in the world in November, according to third-party data released on Wednesday.
Qwen recorded the highest growth in monthly active users (MAU) among AI products globally at 149 per cent, data compiled by AI product popularity tracker Aicpb.com showed.
Its MAUs for the app reached 18.34 million, making it the world's 24th most used AI app just two weeks into its public beta.
Qwen's success stemmed......
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03.12.25 - 09:01
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Harrods retreats from Shanghai as private colleges face degree of reckoning (Bamboo Works)
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British retailer Harrods is pulling out of China, just five years after launching its luxury lifestyle brand in the market. Why is it leaving, and are other luxury brands going to follow? And university campus operator XJ International has been selling assets as college education loses its luster. Why are less Chinese interested in such secondary education these days?
The post Harrods retreats from Shanghai as private colleges face degree of reckoning appeared first on Bamboo Works....
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03.12.25 - 06:48
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China′s Service Sector Growth Weakest In 5 Months (AFX)
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BEIJING (dpa-AFX) - China's service sector grew at the slowest pace in five months in November despite a renewed rise in export business, survey data from S&P Global showed on Wednesday. The headl......
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