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12.01.26 - 03:36
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Hong Kong stocks edge higher on tech and pharmaceutical gains (SCMP)
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Hong Kong stocks edged higher on Monday, lifted by gains in technology and biopharmaceutical shares that helped push the benchmark index up.
The Hang Seng Index rose 0.3 per cent to 26,308.4 as of 9.45am, the Hang Seng Tech Index rose 0.7 per cent. On the mainland, the CSI 300 Index was little changed and the Shanghai Composite Index rose 0.2 per cent.
Chinese delivery giant Meituan led the tech share gains by rallying 4.2 per cent to HK$102.60. Kuaishou Technology, the short-video platform......
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12.01.26 - 03:36
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China AI has ′less than 20%′ chance to exceed US over next 3 to 5 years: Alibaba scientist (SCMP)
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China's artificial intelligence efforts are unlikely to catch up with the United States in the near term despite making significant headway in recent years, according to the country's leading AI researchers.
The comments at a major industry conference in Beijing on Saturday underscored the gap between the two countries in semiconductor chips and chipmaking equipment, key resources for building out the infrastructure needed for developing cutting-edge AI models.
Lin Junyang, technical lead of......
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12.01.26 - 03:30
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Michael Burry Reveals Short Position in Oracle (AAStocks)
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Prestigious hedge fund manager Michael Burry revealed in his Substack post that he holds a short position in Oracle (ORCL.US), according to foreign media reports. Last November, he had disclosed short positions in Nvidia (NVDA.US) and Palantir (PLTR.US), and that he has been directly shorting Oracle over the past six months with......
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