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Category Tencent

China's tech index rides AI wave to 4 year high

China's tech index rides AI wave to 4 year high

Chinese technology shares rallied on Wednesday as renewed AI bets lifted a major Hong Kong index to a near four-year high. The Hang Seng Tech Index...
Nvidia struggles to meet forecasts as RTX6000D sales slow in China

Nvidia struggles to meet forecasts as RTX6000D sales slow in China

Nvidia’s new China variant chip RTX6000D face a weak demand, with firms citing high costs and better grey market alternatives.
Tencent Holdings has arranged its first bond sale since 2020

Tencent Holdings has arranged its first bond sale since 2020

Tencent Holdings has arranged its first bond sale since 2020.
Alibaba, ByteDance, and Tencent still want Nvidia’s H20 AI chips despite Beijing pressure

Alibaba, ByteDance, and Tencent still want Nvidia’s H20 AI chips despite Beijing pressure

Nvidia chips remain in high demand in China despite U.S. export restrictions and pressure from the Chinese government for tech firms to rely less o...
Alibaba under pressure to turn profits from its AI business in China

Alibaba under pressure to turn profits from its AI business in China

Alibaba spends heavily on AI but struggles to make strong earnings from it.