The emergence of DeepSeek in late January has shaken the once-robust Magnificent Seven, a...
Chinese Titan Tencent Drops 5%, Hit by U.S. Military Company Designation
Shares of Tencent Holdings plunged by 5.3% in Hong Kong following its classification as...
Apple Explores AI Collaborations with Tencent and ByteDance amid Bans in China
According to sources familiar with the matter as reported by Reuters, Apple is reportedly...
Gaming, Ads, and AI Drive Tencent Profit Up 47%
On Wednesday, Chinese media conglomerate Tencent reported outstanding profit in 3Q24, driven by growth...
China’s Gaming Stocks Soar after Authority Removes Controversial Draft
The controversial draft of Chinese gaming curb was removed from the National Press and...
China Makes Sharp U-Turn on Gaming Curb after $80 Billion Rout in Stocks
China is making a 180 turn around on the gaming curb it made Friday,...