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03.03.26 - 14:01
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China′s AI red-packet battle burns through US$1 billion – but will users stick around? (SCMP)
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In an unprecedented Chinese New Year marketing blitz, Alibaba Group Holding, Baidu, ByteDance and Tencent Holdings spent an estimated 8 billion yuan (US$1.1 billion) to turn their artificial intelligence assistants into household names, according to Morgan Stanley.
Now the dust is settling.
A week after the holiday ended, early data offers a first glimpse into how China's AI landscape is evolving and which players gained lasting traction from the spending spree.
Morgan Stanley said all platforms......
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03.03.26 - 11:30
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HKD2.6B Southbound Trading Net Inflow to TENCENT (AAStocks)
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There was HKD2.6 billion, HKD780.6 million and HKD699.1 million Southbound Trading net inflow to TENCENT (00700.HK), XIAOMI-W (01810.HK) and SINOPEC SSC (01033.HK).There was HKD1.2 billion, HKD170.2 million and HKD7.8 million Southbound Trading net outflow from BABA-W (09988.HK), SMIC (00981.HK) and CNOOC (00883.HK).For Southbou......
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03.03.26 - 09:15
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Full-day Takeaway: HSI Down 291 pts; HSTI Down 112 pts; XIAOMI Down over 4%; PETROCHINA, CNOOC, OOIL, UNITEDENERGY GP, COSCO SHIP HOLD Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 291 pts or 1.1% to 25,768. HSTI dropped 112 pts or 2.3% to 4,876. HSCEI fell 93 pts or 1.1% to 8,608. Market turnover reached $370.55 billion.Active Heavyweights:XIAOMI (01810.HK) closed at $31.58, down 4.7%MEITUAN (03690.HK) closed at $75.65, down 2.3%BABA (09988.HK) closed at $134.8, down 1.2%TENCENT (007......
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03.03.26 - 05:15
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Midday Takeaway: HSI Closes Midday at 25,985, Down 74 pts; HSTI Closes Midday at 4,938, Down 50 pts; XIAOMI Down over 3%; PETROCHINA, OOIL, CNOOC, UNITEDENERGY GP, COSCO SHIP ENGY Hit New Highs (AAStocks)
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At midday close, HSI dropped 74 pts or 0.3% to 25,985. HSTI dropped 50 pts or 1.0% to 4,938. HSCEI fell 26 pts or 0.3% to 8,675.Active Heavyweights:XIAOMI (01810.HK) closed at $32.14, down 3%MEITUAN (03690.HK) closed at $76.45, down 1.2%TENCENT (00700.HK) closed at $517.5, up 0.7%BABA (09988.HK) closed at $137, up 0.4%HSI & HSCE......
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03.03.26 - 03:00
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H Shrs: HSI Opens 130 Pts Higher; HKEX Up 2%+; AI Stocks Climb (AAStocks)
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US bourse saw bargain hunting, with the DJIA down 0.15% and the Nasdaq up 0.4%. Hong Kong stock market started higher in the morning session. The HSI opened 130 points or 0.5% higher at 26,190; the HSCEI opened 42 points or 0.5% higher at 8,744; the HSTECH opened 29 points or 0.6% higher at 5,018.In the tech sector, TENCENT (007......
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02.03.26 - 10:06
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Tencent: Cloudsparte verstärkt ihre Präsenz in Europa (Der Aktionaer)
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Tencents Cloudsparte eröffnet eine neue Verfügbarkeitszone in Frankfurt am Main. Das teilte der wertvollste, börsengelistete Konzern Chinas am Montag auf dem Mobile World Congress (MWC) in Barcelona mit. Damit baut der Tech-Konzern seine Präsenz in Europa weiter aus und dürfte zu einem starken Kooperationspartner für viele Mittelständler werden....
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02.03.26 - 10:06
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Tencent expands cloud-computing presence in Europe with new data centres in Germany (SCMP)
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Tencent Holdings plans to expand its cloud-computing presence in Europe with new data centres in Germany, as the Chinese tech giant rides on the rising demand for artificial intelligence services globally.
The Shenzhen-based company will open a new availability zone – a cluster of physically independent data centres – in the second quarter this year in Frankfurt, adding to the existing two in Germany, Tencent's cloud-computing unit announced on Monday at MWC Barcelona.
The move aimed to meet the......
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27.02.26 - 11:30
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HKD8.4B Southbound Trading Net Inflow to TRACKER FUND (AAStocks)
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There was HKD8.4 billion, HKD2.5 billion and HKD1.2 billion Southbound Trading net inflow to TRACKER FUND (02800.HK), HSCEI ETF (02828.HK) and TENCENT (00700.HK).There was HKD505.1 million, HKD228.5 million and HKD103.5 million Southbound Trading net outflow from YOFC (06869.HK), SMIC (00981.HK) and DRINDA (02865.HK).For Southbo......
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27.02.26 - 09:15
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Full-day Takeaway: HSI Closes at 26,630, Up 249 pts; HSTI Closes at 5,137, Up 28 pts; SHK PPT Up over 7%; SHK PPT, CHINA SHENHUA, CK ASSET, BOC HONG KONG, TECHTRONIC IND Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 249 pts or 0.9% to 26,630. HSTI rose 28 pts or 0.6% to 5,137. HSCEI gained 45 pts or 0.5% to 8,859. Market turnover reached $288.42 billion.Active Heavyweights:TENCENT (00700.HK) closed at $518, up 1.2%MEITUAN (03690.HK) closed at $81.15, up 0.9%HKEX (00388.HK) closed at $419, up 0.9%XIAOMI (01810.HK) closed a......
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