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26.03.26 - 08:06
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Alibaba‑backed Tripo AI draws investor confidence, led by exec from Minimax (Digitimes)
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Tripo AI, founded in 2023, is rapidly emerging in AI-driven 3D content creation, turning text prompts or 2D images into production-ready 3D models in seconds. Backed by major investors like Alibaba and Baidu Ventures, the startup addresses growing demand from gaming, XR/AR/VR, e-commerce, and digital twins, positioning itself to capture a multi-billion-dollar market by democratizing professional 3D workflows....
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26.03.26 - 06:30
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China′s Kuaishou slumps as analysts flag growth pressure despite strong results (SCMP)
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Shares of Chinese short-video platform Kuaishou fell more than 13 per cent to HK$45.96 by midday in Hong Kong on Thursday, a day after reporting strong sales growth, as analysts warned that its core advertising and live-streaming businesses could face mounting pressure this year.
The sharp decline reflected investor concerns over a cautious growth outlook for the Beijing-based firm, compounded by its heavy spending on artificial intelligence, according to Zhang Xueru, an analyst at investment......
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26.03.26 - 05:30
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Midday Takeaway: HSI Down 347 pts; HSTI Down 105 pts; BABA Down over 3%; PING AN Down over 3%; MEITUAN Down over 3%; BANK OF CHINA, WELLCELL HOLD, EB ENVIRONMENT Hit New Highs (AAStocks)
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At midday close, HSI dropped 347 pts or 1.4% to 24,988. HSTI dropped 105 pts or 2.1% to 4,817. HSCEI fell 130 pts or 1.5% to 8,452.Active Heavyweights:BABA (09988.HK) closed at $124.1, down 3.7%PING AN (02318.HK) closed at $58.4, down 3.4%MEITUAN (03690.HK) closed at $87.25, down 3.1%XIAOMI (01810.HK) closed at $33.02, up 1.5%TE......
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26.03.26 - 03:30
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Research: Nomura Downgrades KUAISHOU to 'Neutral', Lowers TP to HKD57 (AAStocks)
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Nomura published a research report stating that KUAISHOU (01024.HK) has a cautious outlook for 2026, forecasting a full-year total revenue growth of about 4%, which is below the market expectation of 9.5%. Advertising revenue accounts for 57% of total revenue, with management predicting a growth of about 6% in 2026, slowing from......
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26.03.26 - 03:15
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Research: Citi Lowers KUAISHOU TP to HKD72, Maintains 'Buy' Rating (AAStocks)
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Citi published a report stating that looking ahead to 2026, the growth momentum of KUAISHOU's (01024.HK) GMV may slow down due to the impact of recent traffic expenditure policies. Additionally, KUAISHOU's traffic support for merchants and the continued lackluster performance in overseas markets may drag down its advertising bus......
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