Jeanny Yu

MediaTek Inc. shares are poised for their best quarter on record, as investors bet a shift into artificial intelligence chips can help it shed the overhang of its struggling older-tech business.

Hong Kong’s underperforming stock market may come under renewed pressure as a large amount of shares frozen under restrictions tied to equities offerings become tradable next month.

A pair trade is emerging in China’s artificial intelligence sector, with investors piling into the perceived winner and betting against its rival seen as losing ground in the race to build commercially viable AI models.

Alibaba Group Holding Ltd. shares slid to a 16-month low in Hong Kong after Anthropic PBC accused the Chinese technology giant of “illicitly” accessing its artificial intelligence model.

Alibaba Group Holding Ltd. shares slid to a 16-month low in Hong Kong after Anthropic PBC accused the Chinese technology giant of “illicitly” accessing its artificial intelligence model.

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The selloff in China’s biggest internet firms has driven some valuations to record lows but investors say a recovery still looks a way off given the many headwinds they face.

Die Aktien des chinesischen KI-Modellentwicklers Zhipu sind am Donnerstag in Hongkong um bis zu 22% in die Höhe geschnellt. Auslöser war die Platzierung einer Aktienemission im Volumen von 4 Mrd. Dollar am unteren Ende der zuvor vermarkteten Preisspanne.

China’s hottest AI stock Zhipu may continue to see wild swings as the company’s $4 billion equities fundraising does little to meaningfully boost its thin pool of publicly tradable shares.

MiniMax Group Inc.’s shares plunged, after JPMorgan Chase & Co. slashed the Chinese AI model maker’s price target for the second time in less than a week on value dilution concerns caused by fresh fundraising.