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19.12.25 - 13:06
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China eyes mastery of EUV lithography, bolstering AI chip ambitions, analysts say (SCMP)
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China's reported development of its own extreme ultraviolet (EUV) lithography machine to make advanced semiconductors for artificial intelligence and high-performance computer systems could provide a “massive” boost to the country in its tech rivalry with the United States, according to analysts.
Scientists at a high-security Shenzhen laboratory earlier this year built “what Washington has spent years trying to prevent”: a prototype EUV lithography machine, according to a Reuters report on......
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19.12.25 - 12:56
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China Problems for US Sportswear Giant Nike As Shares Tumble | The Pulse 12/19 (Bloomberg)
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Nike shares sank after the company warned that sales will decline this quarter amid persistent weakness in China and at its Converse brand. The world's largest sportswear company expects revenue to be down in the low-single digits in the three months that started Dec. 1, a surprising turn after two straight periods of growth.
Today's guests: Michael Metcalfe, State Street, Head of Macro Strategy; Chris Brett, CBRE, Capital Markets Europe Head; Vania Stavrakeva, London Business School Professor; Anton Osika, Lovable CEO & Co-Founder; Amy Gower, Morgan Stanley, Metals and Mining Strategist. (Source: Bloomberg)...
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19.12.25 - 12:55
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China′s video game sales reach record in 2025 amid overseas expansion, AI investment (SCMP)
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China's video game industry revenue grew 7.7 per cent to a new high this year, as domestic titles from the likes of Tencent Holdings and NetEase continued to expand globally and bets on artificial intelligence paid off, according to data released on Friday by the country's semi-official gaming industry association.
The country's gaming market posted total sales of 350.8 billion yuan (US$49.8 billion) for the year, breaking the previous record of 325.8 billion yuan set last year. The numbers were......
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19.12.25 - 12:18
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China Vanke says top managers have no plans to sell shares as it fights for survival (SCMP)
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China Vanke's senior executives have no plans to reduce their personal shareholdings, according to the distressed mainland developer, which is seeking to extend the repayment of its onshore debt to avoid a default.
The Shenzhen-listed developer on Thursday was responding to queries from investors on the exchange's interactive platform, saying it had not received any notification from the executives regarding stake sale plans. Under the exchange's rules, senior management were required to......
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19.12.25 - 11:18
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Need for speed: Alibaba ramps up China instant commerce push with Cainiao and Tmall tie-up (SCMP)
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Alibaba Group's logistics arm Cainiao and online grocery business Tmall Supermarket are teaming up to expand fulfilment infrastructure and speed up deliveries, as the Chinese e-commerce giant ramps up its efforts in China's fast-growing instant commerce battle to fend off rivals such as JD.com and Meituan.
Cainiao will launch new or expand instant commerce warehouses for Tmall Supermarket across 31 mainland Chinese cities by the end of January 2026, it said in a statement on Thursday. Alibaba......
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19.12.25 - 10:01
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Odd Lots: The Booming Business of Chinese Peptides (Podcast) (Bloomberg)
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You probably already know someone doing peptides — the amino acids that form the basis of popular new drug treatments like Ozempic and Wegovy. Today there are peptides meant to help with everything from weight loss, to cellular regeneration, to improved eye contact while talking. In San Francisco, there are even organized “peptide raves.” Yet most of these underground peptides haven't been approved by regulators for human use in the US. So where are they coming from? And how do they get here? On...
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19.12.25 - 09:36
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Tech pivot: Chinese AI, chip start-ups court global investors with Hong Kong listing plans (SCMP)
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More Chinese artificial intelligence firms and chipmakers are turning to Hong Kong for fundraising, testing the appetite of global investors following stellar onshore debuts of graphics processing unit (GPU) developers Moore Threads Technology and MetaX Integrated Circuits.
GigaDevice Semiconductor is a step closer to its Hong Kong initial public offering (IPO) after passing a listing hearing, according to bourse operator Hong Kong Exchanges and Clearing (HKEX). The company is expected to......
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19.12.25 - 08:42
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Nike Warns of Sales Decline as China Weakness Persists (Bloomberg)
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Nike Inc. warned that sales will decline this quarter amid persistent weakness in China and at its Converse brand. The world's largest sportswear company expects revenue to be down in the low-single digits in the three months that started Dec. 1, a surprising turn after two straight periods of growth. Bloomberg's Jennifer Creery reports....
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19.12.25 - 08:36
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US launches review of Nvidia′s H200 chip sales to China: sources (SCMP)
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US President Donald Trump's administration has launched a review that could result in the first shipments to China of Nvidia's H200 chips, five sources said, making good on his pledge to allow the controversial sales.
Trump this month said he would allow sales of Nvidia's H200 chips to China, with the US government collecting a 25 per cent fee, and that the sales would help keep US firms ahead by cutting demand for Chinese-developed chips.
The move drew fire from China hawks across the US......
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19.12.25 - 06:30
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China′s Economic Shift: Why the Old Playbook No Longer Works (Bloomberg)
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McKinsey Greater China Chairman Joe Ngai discusses why China's era of easy growth is over and what companies must do to survive a more challenging environment, where businesses are "fighting for their life." Ngai is co-author of the upcoming book "The Next China Is Still China: An Insider's Playbook for Winning in the New Era." (Source: Bloomberg)...
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