Tag: Tencent Music Entertainment Group
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House committee says Webull messages point to China access to U.S. customer data
The House Select Committee on China earlier this month said online investing platform Webull is quietly “tied in structural ways” to China’s government.
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CNBC’s The China Connection newsletter: How a gold-buying spree helps the yuan go global
Plans to develop a gold trading hub in Hong Kong coincide with China’s growing gold reserves.
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AI startup Manus raises $500 million in first funding round since Meta breakup
The deal is handing the AI agent developer fresh capital after Beijing forced Meta to unwind its roughly $2 billion acquisition.
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China’s AI leaders keep quiet despite U.S. ‘publicity’ on tech risks
Z.ai, Moonshot, MiniMax, Alibaba and Tencent did not provide any statements when contacted by CNBC about the warnings on AI from Silicon Valley.
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Chinese Nvidia rival Enflame soars 206% on stock market debut as AI demand stays hot
Chinese AI chipmaker Enflame, an Nvidia rival and one of China’s “four little dragons,” made its Shanghai market debut.
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DeepSeek looks for fresh capital as founder’s quant empire navigates China’s choppy IPO market
High-Flyer Quant, which bankrolled DeepSeek, has come to the fore, making a push into new listings as it chases returns in China’s red-hot IPO market.
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Xpeng shares sink as weak delivery forecast overshadows $6.3 billion robot unit valuation
Xpeng shares slid after weak delivery guidance, even as its nascent robotics business secured a valuation nearly matching that of its core EV business.
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Fund manager lists four of his best-value unloved stocks to swerve the AI hype
From consumer brands to Asian tech, Ranmore Fund Management’s Sean Peche shares some of his top unloved stock picks.
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Alibaba plunges after announcing $10.2 billion share placement to fund AI push
Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.
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The U.S. banned Nvidia’s best chips from going to China. Now it’s trying to close a crucial loophole
Chinese AI firms have reportedly accessed advanced Nvidia computing power overseas, testing U.S. export controls. Lawmakers weigh closing the cloud-access gap.
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