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26.11.25 - 19:30
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Pentagon Cited Alibaba on China Military Aid in Oct. 7 Letter (Bloomberg)
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The Pentagon concluded that Alibaba Group Holding Ltd., Baidu Inc. and BYD Co. should be added to a list of companies that aid the Chinese military, according to a letter to Congress sent roughly three weeks before Donald Trump and Xi Jinping agreed to a broad trade truce....
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26.11.25 - 14:06
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AI scaling hasn′t reached a dead end yet, Chinese Google scientist says (SCMP)
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There remains considerable potential to enhance artificial intelligence models by scaling up computing power and data, according to Yao Shunyu, a senior research scientist at Google DeepMind and former researcher at US AI start-up Anthropic.
Amid heated discussions in the AI community about the future of scaling – the process of increasing computational resources and training data to develop better AI models – Yao said the method was still expected to yield results for at least a year “until we......
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26.11.25 - 11:37
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Chinese AI start-up takes on Google in tensor processing unit race (SCMP)
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Chinese AI chip start-up Zhonghao Xinying has emerged as a home-grown alternative to Nvidia with a new tensor processing unit (TPU), just as Google shakes up Nvidia's lock on the market by selling its in-house tensor chips directly to major tech firms.
The Hangzhou-based firm, also known as CL Tech, said its self-developed general-purpose tensor processing unit (GPTPU) went into mass production as early as 2023. Its flagship chip, dubbed Chana, delivers up to “1.5 times the compute performance”......
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26.11.25 - 11:30
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HKD2.3B Southbound Trading Net Outflow from TRACKER FUND (AAStocks)
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There was HKD1.5 billion and HKD178 million Southbound Trading net inflow to BABA-W (09988.HK) and YOFC (06869.HK).There was HKD2.3 billion, HKD1.2 billion and HKD366.6 million Southbound Trading net outflow from TRACKER FUND (02800.HK), TENCENT (00700.HK) and MEITUAN-W (03690.HK).For Southbound Trading of Shanghai-Hong Kong Sto......
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26.11.25 - 11:00
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TENCENT Buys Back 1.022M Shrs for ~HKD636M (AAStocks)
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TENCENT (00700.HK) announced that it repurchased 1.022 million shares today (26th) at a price ranging from HKD618.5 to HKD629 per share, involving around HKD636 million.Since its repurchase mandate resolution was passed, the group has repurchased 77.886 million shares, representing 0.8476% of its issued shares.~AAStocks Financia......
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26.11.25 - 10:15
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GDS bets on new AI cycle while balancing expansion, deleveraging (Bamboo Works)
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The data center operator has begun listing its real estate assets to pay down debt as it races to capitalize on growing demand for AI computing Key Takeaways: By Lee Shih Ta For China's data center industry, 2025 may go down as a watershed year. On one front, demand for AI training and inference.....
The post GDS bets on new AI cycle while balancing expansion, deleveraging appeared first on Bamboo Works....
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26.11.25 - 09:30
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Full-day Takeaway: HSI Closes at 25,928, Up 33 pts; HSTI Closes at 5,618, Up 6 pts; MEITUAN Up over 5%; MTR CORPORATION, CHINA TOWER Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 33 pts or 0.1% to 25,928. HSTI rose 6 pts or 0.1% to 5,618. HSCEI gained 4 pts or 0.0% to 9,162. Market turnover reached $207.08 billion.Active Heavyweights:MEITUAN (03690.HK) closed at $103.8, up 5.6%BABA (09988.HK) closed at $154.8, down 1.9%TENCENT (00700.HK) closed at $619.5, down 0.9%XIAOMI (01810.HK) clo......
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26.11.25 - 05:15
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Midday Takeaway: HSI Closes Midday at 26,013, Up 118 pts; HSTI Closes Midday at 5,640, Up 28 pts; MEITUAN Up over 5%; MTR CORPORATION Hit New Highs (AAStocks)
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At midday close, HSI rose 118 pts or 0.5% to 26,013. HSTI rose 28 pts or 0.5% to 5,640. HSCEI gained 45 pts or 0.5% to 9,203.Active Heavyweights:MEITUAN (03690.HK) closed at $104, up 5.9%BABA (09988.HK) closed at $156, down 1.1%TENCENT (00700.HK) closed at $622, down 0.5%PING AN (02318.HK) closed at $57.75, up 0.3%XIAOMI (01810.......
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26.11.25 - 04:45
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TENCENT Announces Global Launch of Hunyuan 3D Creation Engine (AAStocks)
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TENCENT (00700.HK) announced the official global launch of its Hunyuan 3D creation engine, bringing a next-generation of AI-powered 3D modeling tools to worldwide creators. Users can quickly generate high-quality 3D assets through multimodal inputs such as text descriptions, images, or sketches. This technology significantly red......
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