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The combined turnover of the Shanghai and Shenzhen stock exchanges exceeded 3 trillion yuan for the third consecutive trading day.
2026-05-08
The combined turnover of the Shanghai and Shenzhen stock exchanges exceeded 3 trillion yuan for the third consecutive trading day.
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2026-05-07
Federal Reserve's Hamack: The Fed has failed to reach its inflation target for many years.
Federal Reserve's Hamack: The Fed has failed to reach its inflation target for many years.
2026-05-08
Tencent Holdings Ltd. and Alibaba Group Holding Ltd. are expected to face pressure on earnings growth due to rising AI investment costs and intensifying competition in China’s artificial intelligence sector following DeepSeek’s latest model launch. T
Tencent Holdings Ltd. and Alibaba Group Holding Ltd. are expected to face pressure on earnings growth due to rising AI investment costs and intensifying competition in China’s artificial intelligence sector following DeepSeek’s latest model launch. Tencent’s full-year growth is projected to slow to the low-teens range as AI spending doubles, while Alibaba is weighed by weak consumption and reliance on longer-term AI monetization rather than near-term earnings. Analysts also said cloud computing is unlikely to materially lift 2026 profits for either company due to strong competition and margin pressure.
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