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Market news: Abu Dhabi technology group G42 is considering bringing in US ownership to secure its AI chip supply.

2026-09-04

Market news: Abu Dhabi technology group G42 is considering bringing in US ownership to secure its AI chip supply.

Other News
2026-09-04

Sources say Crusoe has signed a cloud computing deal worth approximately $13 billion with Jane Street.

Sources say Crusoe has signed a cloud computing deal worth approximately $13 billion with Jane Street.
2026-09-04

Hong Kong stocks closed higher; the HSI rose 1.74% and the Hang Seng Tech Index gained 2.27% after intraday peaks above 2% and 3% respectively. Pork-related names led a sector move, with COFCO Joycome (01610.HK) up more than 9%. Large internet names

Hong Kong stocks closed higher; the HSI rose 1.74% and the Hang Seng Tech Index gained 2.27% after intraday peaks above 2% and 3% respectively. Pork-related names led a sector move, with COFCO Joycome (01610.HK) up more than 9%. Large internet names rebounded: Meituan (03690.HK) +5%, NetEase-S (09999.HK) +3%. AI-application plays outperformed: China Literature (00772.HK) +8%, Shenyan Intelligent (02723.HK) +9%. Autonomous-driving names advanced, including Hesai-W (02525.HK) +6% and Baidu (09888.HK) +4%. Other top-performing sectors were coal, new consumption, mainland property, building materials & cement, and oil & gas; laggards included power semiconductors, PCB, port transport, chips, OLED and optical communications. Notable decliners: Xiyin-W (00625.HK) -9%, Hua Hong Hongli (01347.HK) -8%.
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