Tencent (TCTZF) stock rallied to a three-year high as news of it carrying out testing with DeepSeek fueled optimism among investors, while
Alibaba, Tencent and other Chinese technology stocks surged Friday, lifting Hong Kong's Hang Seng Index to a near-three-year high. In the U.S. the Kraneshares CSI China Internet ETF, or KWEB, advanced.
Chinese stocks reacted favorably after China's President Xi Jinping held meetings with Chinese tech and start-up leaders in a move indicating a more friendly approach to the sector. The meeting included Alibaba co-founder Jack Ma and DeepSeek founder Liang Wenfeng.
Hong Kong's bourse operator reported a 10% rise in annual profit, helped by sharp increases in trading turnover and new company listings, and said it was optimistic that a pickup in Chinese economic activity would help its prospects.
Alibaba’s Hong Kong-traded stock fell 1.03% ... Chinese video games firm Tencent saw its stock slip 0.97% while online services firm Meituan declined 1.68%. The decline in Chinese technology ...
Asian equities ended a positive week on a high note, led by Hong Kong and Mainland China-listed growth stocks following Alibaba’s financial results, which were reported after the close in Hong Kong yesterday.
Hong Kong is taking some incremental steps to underpin its role as the biggest offshore yuan hub in the coming months, including measures to shield stock investors from exchange-rate risks when ...
Chinese technology stocks advanced sharply on Friday, with Alibaba Group Holding Ltd. BABAF BABA jumping 11.41% in Hong Kong trading, as investors responded to positive earnings guidance and ...
The Reserve Bank of Australia has kickstarted its two-day meeting which could see an interest rate cut on Tuesday.
Investing.com-- Tencent’s Hong Kong shares rose sharply on Monday after the Chinese internet giant said its Weixin messaging app was testing integration of DeepSeek’s wildly popular artificial intelligence models. Tencent Holdings Ltd (HK:0700 ...