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16.12.25 - 03:48
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Hong Kong stocks hit 3-week low as China growth jitters dampen sentiment (SCMP)
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Hong Kong stocks slid to their lowest level in three weeks amid mounting concerns about China's growth prospects and as investors awaited a US jobs report that could influence the Federal Reserve's interest-rate policy.
The Hang Seng Index dropped 1.6 per cent to 25,230.70 as of 10.14am local time. The decline was broad-based, with all but eight stocks on the 89-member benchmark falling. The Hang Seng Tech Index fell 1.8 per cent.
On the mainland, the CSI 300 Index slipped 0.6 per cent and the......
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16.12.25 - 01:45
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China Blasts ′Premeditated′ Provocations Of US-Allied Philippines At Disputed Shoal (ZeroHedge)
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China Blasts 'Premeditated' Provocations Of US-Allied Philippines At Disputed Shoal
China continues to squabble and get in maritime incidents with US allies in regional waters of the Western Pacific. Lately it has been locked in a heightening dispute with Japan over Tokyo's pro-Taiwan stance, but there's been a new recent incident with The Philippines.
Beijing on Monday accused Manila of staging a "deliberate" provocation and carrying out hazardous and aggressive actions near a contested reef in the South China Sea following a tense weekend incident. China has further blamed Washington for issuing what it labeled as misleading statements that have set the region on edge.
The Philippines said Chinese coast guard vessels used water cannons against Filipino fishing boats near Sabina Shoal during an incident Friday. This led to a weekend of tit-for-tat accusations and denunciations.
China's narrative is that it claimed Philippine personnel threatened its officers with knives. Chines...
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16.12.25 - 01:06
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Chinese fintech giant Ant upgrades AI health app to tap booming eldercare, wellness demand (SCMP)
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Chinese fintech giant Ant Group has pressed ahead with its strategic move into the fast-growing healthcare sector with a major upgrade to its artificial intelligence health app AQ, positioning the platform to work like a fitness companion or a family doctor.
The new features included integration of records from smart devices made by Apple, Huawei and Omron, among others, as well as the creation of health profiles for family members, the company announced on Monday. Ant is the fintech affiliate......
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16.12.25 - 00:06
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ByteDance dominates China′s tech hiring as AI talent demand surges (SCMP)
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TikTok owner ByteDance is the top recruiter in China's tech sector this year, while at the same time artificial intelligence-related job postings on the mainland have risen more than 500 per cent, according to a report by Maimai, China's largest professional social networking platform.
ByteDance dominated tech hiring between January and October, with a hiring index of 897, ahead of Meituan at 587 and Alibaba Group Holding at 407, while AI related job listings surged 543 per cent, the report......
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