Google parent Alphabet on Tuesday showed how it is building on artificial intelligence across its businesses, including a beefed-up Gemini chatbot.
Enhanced mechanism set to boost international investors’ confidence in the onshore bond market and further internationalise the yuan, according to industry experts.
The added value of the financial sector is being calculated via a new set of metrics to increase statistical accuracy and cut down on data manipulation, making GDP figures more resilient to massaging by localities.
A carbon trading system that promotes tighter supply and higher prices can induce China’s cement makers to undertake costly investment, Ian Riley of World Cement Association says.
Strong financial results by the two companies are the touchstones of the earnings growth that global investors are looking for, as they debate whether China’s post-pandemic recovery was a flash in the pan.
Hong Kong is missing out on an office investment boom in the Asia-Pacific region this year as a supply glut and high vacancy rates put investors off the segment, according to analysts.
Hong Kong’s market regulator has warned the public to beware of a suspected investment scam in which fraudsters claim they are trying to raise the funds to relaunch one of the city’s iconic nightclubs.
US President Joe Biden also gives his action a political edge, criticising Donald Trump, his predecessor and challenger for re-election, for failing to increase US exports and boost manufacturing.
Confidence among Chinese consumers was showing ‘early signs of growth’, according to Alibaba chairman Joe Tsai, as the e-commerce giant expects business to be back on the growth path this year.
Asian Investors represented more than 17 per cent of qualified foreign investor activity on the Saudi Exchange’s main market in the first quarter.
The small-business financing platform co-founded by former HKEX chief Charles Li Xiaojia said it is asking staff to invest in the start-ups it backs, confirming an online article that sparked widespread discussion on social media.
Foxconn reported a net profit of US$679 million in the first quarter, which missed analysts’ average estimate of US$897 million.
Alibaba net income rose 10 per cent to US$11 billion in the 2023 financial year, the first annual results since co-founder Joe Tsai took over as chairman.
The International Chamber of Sustainable Development will also expand the accredited planner course, which more than 3,000 people have completed in Hong Kong, to Southeast Asia and the Middle East.
This development lends credence to Apple chief executive Tim Cook’s assurance that the Vision Pro will be released this year on the mainland.
Chinese local government entities have carried the mantle of cornerstone investors in first-time stock offerings in Hong Kong in the past two years as foreign investors shun deals. Their outsize role could work against the city’s capital market, market experts say.
CSRC’s new chief Wu Qing has sought to improve corporate governance and close deep valuation discounts in a bid to revive investors’ faith in China’s US$9 trillion stock market and these bold moves have met with some early success.
Alibaba scales back an ambitious business overhaul plan and bids farewell to a turbulent year, as its founders call on employees to embrace changes.
Even in the absence of the buying restrictions, a healthy supply and elevated interest rates mean the city’s infamously expensive house prices are unlikely to return to the kind of breakneck growth seen in the past, analysts say.