India exempts foreign institutional investors from capital gains tax on the sale, exchange or transfer of government securities.

At an AI industry summit Tang Daosheng, Tencent’s senior executive vice president, acknowledged that speed varies across the company’s complex organization, with some business lines faster than others, and said the firm welcomes external criticism and suggestions. He said he believes models will continue to iterate as user demand evolves and new product forms emerge, and noted Tencent reacted relatively quickly to the Longxia wave earlier this year.

China A-share small metals sector rallied briefly; Yian Technology jumped over 18%. Huayang New Material, Guocheng Mining, Jintian Titanium, China Rare Earth and Shenghe Resources also gained.