Stocks rise on bets investors will look for cheaper options after DeepSeek’s popular low-cost AI model sparked a US$1 ...
Chinese tech and e-commerce giant Alibaba on Wednesday announced the release of Qwen2.5-Max, an advanced artificial intelligence model that the company says outperforms several leading AI systems in ...
Private equity firm DCP Capital has agreed to acquire Alibaba’s majority stake in Sun Art, which operates the RT-Mart chain and the Costco-like M-Club membership stores across China.
UBS estimates US$236 billion of fund inflows in 2025 as a result of Beijing’s directive to funds to shore up the capital ...
Hong Kong stocks rallied on Monday, with the Hang Seng Index gaining over 500 points at one point during the afternoon ...
Hong Kong stocks jumped following a positive phone call between ... Leading the pack was e-commerce giant JD.com, which ...
Alibaba Group Holding agreed to sell its entire stake ... according to a New Year's Day filing to the Hong Kong stock exchange. Alibaba is expected to book a 13-billion yuan (US$1.8 billion ...
Alibaba Group Holding released on Wednesday an upgraded version of its Qwen artificial intelligence (AI) model, which it said ...