Tencent has secured a three-year deal with IMG for the exclusive new media broadcasting rights for Wimbledon in China.
China's technology stocks rallied Tuesday. E-commerce firm Alibaba and smartphone maker Xiaomi both saw their stock price surge over 4%, while video games firm Tencent and online services company Meituan also gained.
Beta users can click an ‘AI Search’ option within Weixin to access DeepSeek, in addition to Tencent’s Hunyuan foundational model.
President Xi Jinping met some of China’s most prominent tycoons, sending what analysts say is the strongest signal of support in years to companies like web giants Alibaba and Tencent.
Chinese tech giants Tencent, Alibaba, and ByteDance have ramped up orders for Nvidia's H20 AI chips, driven by the rising adoption of DeepSeek's cost-efficient AI models, reinforcing Nvidia's dominance in China despite U.
Chinese technology stocks advanced sharply on Friday, with Alibaba Group Holding Ltd. jumping 11.41% in Hong Kong trading, as investors responded to positive earnings guidance and anticipated monetary policy easing from Beijing.
Wall Street is flirting with a record again as U.S. stock indexes creep higher on Tuesday. The S&P 500 was up 0.1% in early trading and just above its all-time closing high set last month. The Dow Jones Industrial Average was down 59 points,
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 President Xi Jinping is set to chair a rare symposium next week to boost confidence in the private sector. Business leaders, including Alibaba co-founder Jack Ma, Tencent CEO Pony Ma, and Xiaomis Lei Jun,
Asian stocks mostly rose on Friday, driven by a strong rally in Chinese technology firms and a positive handover from Wall Street. Hong Kong's Hang Seng index surged as Chinese tech stocks like Tencent and Alibaba gained significantly.
About five years after China began a crackdown on its most powerful private business owners, the nation’s billionaire tech entrepreneurs are suddenly back in vogue.Pony Ma, the co-founder of Tencent Holdings Ltd briefly became China’s richest person on Monday,