Oppo is ‘actively investing in generative AI’, including the development of its own large language model named AndesGPT ChatGPT-like products are increasingly seen as potential game-changers in the …
Tagged By business
China’s economy harvests prosperity in golden autumn
The 134th session of the China Import and Export Fair, also known as the Canton Fair, opened with a record exhibition area on Sunday in Guangzhou, South China’s Guangdong province. The fair covers a …
China Renaissance retrenches after influential founder’s detention
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tech-focused investment bank China Renaissance is struggling to win business from start-ups and new money from …
Sunwoda, China’s sixth-largest EV battery maker, a step closer to listing after hiring Citic Securities to prepare for IPO
Citic Securities will advise Sunwoda on its listing application under an agreement signed last Sunday, CSRC says Top players will be ‘well-received by investors’: Shanghai analyst Sunwoda, China’s …
Citi cuts Nvidia price target on U.S. chip export restrictions to China
Citi maintained its buy rating on the stock but lowered its price target on Nvidia to $575 from $630. That still implies 30.9% upside for the stock.
Analysts say growth concerns and increased competition in China are weighing on Apple stock
A pullback in Apple stock can largely be attributed to a potential fourth-straight quarter of declining revenue expected to be reported early next month, in addition to increased competition in China, …
CORRECTED-UPDATE 3-China’s Xi warns against decoupling, lauds Belt and Road at forum
a likely reference to the Biden administration’s efforts to block export of advanced AI chips to China. A European business representative, who did not want to be named for sensitivity reasons, said …
China’s Economy Grew More Than Expected in the Third Quarter
The world’s second-biggest economy got a boost third quarter from rising industrial production and consumer spending, but challenges persist …
UPDATE 1-ASML CEO: one more tool hit by US export rules, China demand seen strong
The chief executive of Dutch semiconductor equipment maker ASML Holding NV said on Wednesday one more of its products falls under new export restrictions rules announced by the U.S. this week. At a …
US escalates tech battle by cutting China off from AI chips
China’s Foreign Ministry criticized the Biden administration … the US Department of Commerce added 13 Chinese entities to a list of firms with which US companies may not do business for national …
ASML shakes off China export worries (updated)
Shares of Dutch semiconductor equipment maker ASML Holding (NASDAQ:ASML) fell around 2.5% in early trading on Tuesday, as new export curbs on semiconductors overshadowed praise from Wall Street. On …
Unlocking the Future of Blockchain with Zetrix: The IEO That’s Transforming Trade, Governance, and Asset Tokenisation
Zetrix is designed as a public blockchain that supports smart contracts, meaning that it is open and can serve international markets.- Partnership with CAICT: Collaboration with the Institute of …
Fears That China Boost for L’Oreal’s Beauty Label Sales May Not Last
L’Oreal, which in China sells brands ranging from Maybelline to local label Yuesai and high-end Lancome, accounted for the biggest share of the country’s $78.9 billion beauty and personal care market …