Latest Market News
Goldman Sachs Pivots to Mainland China AI Hardware Stocks
Goldman Sachs cuts Hong Kong stocks to market-weight, favoring mainland A-shares for AI hardware exposure. CSI 300 target raised to 5,500.
DeepSeek Raises $7.4B from Tencent and CATL in Landmark AI Deal
Chinese AI startup DeepSeek secures $7.4B in first funding round from Tencent, CATL, and others, valuing it up to $59B. The deal signals China's push for AI self-sufficiency.
China's AI Chip Pivot: Huawei Rises as Nvidia Falters
DeepSeek and other Chinese AI firms shift to Huawei chips, highlighting Nvidia's vulnerability in China and the impact of US export controls.