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Chinese Technology
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Chinese Tech Firms' Early Earnings Renew Focus on Hardware Stocks Over Internet Platforms
Chinese tech firms' early earnings are giving hardware stocks renewed momentum, while internet platforms still struggle to show a full consumer-demand recovery.
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The AI boom has pushed the valuations of Chinese tech companies to several times those of their US counterparts, with the STAR 50 Index rising 29% this year on the back of government support.
The AI boom has pushed the valuations of Chinese tech companies to several times those of their US counterparts, with the STAR 50 Index rising 29% this year on the back of government support.
-
Chinese Tech Firms' Early Earnings Renew Focus on Hardware Stocks Over Internet Platforms
Chinese tech firms' early earnings are giving hardware stocks renewed momentum, while internet platforms still struggle to show a full consumer-demand recovery.
-
The AI boom has pushed the valuations of Chinese tech companies to several times those of their US counterparts, with the STAR 50 Index rising 29% this year on the back of government support.
The AI boom has pushed the valuations of Chinese tech companies to several times those of their US counterparts, with the STAR 50 Index rising 29% this year on the back of government support.
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Chinese Technology
24H Trending
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1
US tech giants issue massive debt to fund AI, unexpectedly pushing up credit risk for "safest companies" with no AI connection
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Brazil's largest Bitcoin treasury firm OranjeBTC plans Digital Yield ETF (DIGY11) with 95% allocation to Strategy's STRC
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South Korean court reportedly sentences Delio CEO Jeong Sang-ho to 15 years in prison for defrauding customers of approximately $49.2 million in crypto assets
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4
China's memory chip giant CXMT surpasses Tencent in market value, becoming the highest market cap company in China's A+H share market.
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5
SK Hynix is investing $720 billion in South Korea to build the world's largest network of memory factories, aiming to meet surging AI demand.
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Golar LNG signs $2.45bn EPC agreement for fourth FLNG vessel, targeting 3.5mtpa capacity by late 2029
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US government debt nears $40 trillion, with this year's deficit projected at $1.887 trillion and interest payments expected to hit $1.1 trillion.
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8
Latigo Biotherapeutics (LTGO) completes IPO, raising nearly $350 million, with its non-opioid pain drug LTG-001 showing 50% greater relief than hydrocodone in trials.
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9
US Mortgage Rates Mixed on August 13: 30-Year Fixed Falls to 6.58%, 5/1 ARM Drops to 6.31% Amid Continued Volatility
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10
SpaceX stock surged 9.7% on Wednesday after Elon Musk released a new Grok AI model and held a companywide meeting.
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