$700-HK News

Last published 1mo ago

1mo agoMETA TME 700-HKAI startup Manus raises $500 million in first funding round since Meta breakupCNBCThe deal is handing the AI agent developer fresh capital after Beijing forced Meta to unwind its roughly $2 billion acquisition.
3mo ago700-HKChinese tech giant Tencent posts revenue beat on accelerating games sales, AI-driven adsCNBCTencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about its rising spending.
3mo ago700-HKThe U.S. wants Asia to use its AI — but China dominates cheaper modelsCNBCThe world's largest continent is becoming the center of the artificial intelligence race between the U.S. and China.
4mo ago700-HK BABATencent tests AI assistant in China's most popular app as it looks to catch up with rivalsCNBCWeChat is an indispensable part of daily life in China and Tencent is trying to tap into its huge user base to expand use of its AI services.
4mo agoMSFT 100-HK 2513-HK SPCX+1Anthropic's Fable shutdown is a big moment for open-source AICNBCAnthropic’s Fable shutdown could boost open-source AI, but many of the models gaining traction are Chinese.
5mo ago700-HKChina may move toward U.S. path on AI as firms poach employeesCNBCTencent Chief AI Scientist Yao Shunyu, who joined the company from OpenAI, said Friday he aims to pursue artificial general intelligence.
5mo agoBABA 700-HK 9618-HK NVDANvidia says it has ‘largely conceded’ China’s AI chip market to HuaweiCNBCNvidia CEO Jensen Huang said the company has "largely conceded" China's advanced artificial intelligence chip market to Huawei.
6mo ago700-HK BABA 688795-SZ 88802-SZChinese companies are ramping up homegrown AI chips, even if Nvidia is coming backCNBCChinese tech companies have turned to domestic chips as Nvidia has remained shut out of the market.
6mo ago700-HKChina's Tencent sees boost from gaming, AI demand even as revenue comes in weaker than expectedCNBCThe tech giant reported its first-quarter 2026 earnings on Wednesday.
6mo ago1810-HK GOOGL AMZN BABA+3In the global AI race, a sanctioned Chinese firm says cheaper models can still winCNBCAs China’s AI competition intensifies, SenseTime is shifting toward multimodal AI, lower-cost models and overseas expansion to remain competitive, co-founder Lin Dahua said.
7mo ago700-HK BABA 9988-HKAlibaba just revealed it’s behind a viral AI video model dominating leaderboardsCNBCA mysterious AI video model that has ascended global leaderboards has been confirmed as a project under Alibaba.
7mo ago700-HK AAPL GOOGL METAColumn: Apple's crackdown on AI apps puts it on the wrong side of historyCNBCApple is going against its founding mission from 50 years ago by standing in the way AI coding, or vibe-coding.
7mo agoRERE 9618-HK JD 700-HK+2OpenClaw demand in China is driving up the price of used MacBooksCNBCPeople in China are rushing to buy preowned computers to try OpenClaw with demand for MacBooks particularly high, according to one reseller.
7mo ago700-HK BIDU NVDAHow China is getting everyone on OpenClaw, from gear heads to grandmasCNBCChina's ClawdBot use is soaring as tech giants hold meet-ups to help everyone add the artificial intelligence digital assistant to their devices.
7mo ago700-HKTencent's 2025 revenue beats estimates as Chinese tech giant ramps up AI investmentCNBCThe tech giant said its core business core provided it with the resources to fund increasing investments in AI.
7mo agoBABA 700-HK CRM MSFT+1Alibaba launches agentic AI tool for businesses with Slack, Teams integration plansCNBCAlibaba unveiled a new enterprise artificial intelligence tool on Tuesday amid a series of other developments in the company's AI space.
8mo agoBIDU 1698-HK 700-HK undefinedLobster buffet: China’s tech firms feast on OpenClaw as companies race to deploy AI agentsCNBCChina-based usage of OpenClaw has already topped that of the U.S., while driving demand for Chinese lower-cost AI models.
9mo agoCSCO PANW 9988-HK 700-HKFrom Clawdbot to Moltbot to OpenClaw: Meet the AI agent driving buzz and fear globallyCNBCOpenClaw, formerly known as Clawdbot and Moltbot, has generated massive buzz from Silicon Valley to Beijing due to its impressive capabilities, but also its quirks and risks.
9mo ago700-HK 9888-HK BIDU BABA+1One year after DeepSeek, Chinese AI firms from Alibaba to Moonshot race to release new modelsCNBCChinese companies are releasing new AI models and striving to gain an edge in the AI application race as the country's biggest holiday of the year nears.
9mo ago3690-HK GOOGL MSFT AMZN+2Chinese tech giant Tencent plots Middle East cloud expansion as spending in the region boomsCNBCTencent's expansion will likely put it into more direct competition with U.S. giants including Amazon, Microsoft and Google.
9mo ago700-HK BABA 9988-HK NVDATrump wants Nvidia to sell powerful AI chips to Beijing. Washington’s China hawks are pushing backCNBCU.S. President Donald Trump's plan to approve Nvidia to ship some of its more powerful AI chips to China is ruffling the feathers of Washington's China hawks.
9mo ago700-HK TME GOOGL AMZN+2Chinese tech giants enter the 'agentic commerce' race as AI reshapes super appsCNBCChina's tech giants are jostling to gain an edge in the AI race, as firms seek to develop models capable of coordinating and performing functions across sites.
10mo agoundefined 9988-HK 700-HKMiniMax surges in Hong Kong debut, marking yet another Chinese AI listingCNBCShares of MiniMax surged in their first day of trading in Hong Kong, in what represents the second major Chinese LLM company to go public.
10mo agoMETA 700-HK NVDA BABAChina’s ‘Silicon Valley’ is building robots and fortune-telling AI apps at the same timeCNBCHangzhou’s AI ecosystem now spans everything from cutting-edge robotics to experimental apps built by solo founders.
11mo agoNVDA BABA 700-HK BIDU+1Nvidia can sell the more advanced H200 AI chip to China — but will Beijing want them?CNBCNvidia received the green light from the U.S. to sell its advanced H200 chip to China. But there are questions over whether Beijing will allow this to happen.
11mo agoBIDU NVDA BABA 700-HK+1Baidu is emerging as a major AI chip player in China to fill the Nvidia gapCNBCChina's focus on pushing domestic chips could make Baidu's chip unit, Kunlunxin, a fast-growing business for the company.
1y agoNDAQ GOOGL 700-HK BIDUAI is not in a bubble, says VC founder. Why he says it's different to the dotcom boomCNBCThe speed at which both businesses and consumers are adopting AI sets this boom apart from other bubbles, Antler founder Marcus Grimeland told CNBC.
1y agoMBG-FF BMW-DE 700-HK 104-SZ+4Chinese driverless tech startup Momenta is raising funds at a roughly $6 billion valuationCNBCMomenta has signed deals with BMW and Mercedes-Benz among others to equip their car with its technology.
1y ago9888-HK 700-HKChina's Baidu sees shares soar 12% as company secures major AI partnership, eyes fresh capitalCNBCChinese tech giant Baidu saw its shares jump over 12% amid signs the company is ramping up its artificial intelligence plans and partnerships.
1y ago700-HKChinese tech giant Tencent's quarterly revenue jumps 15% on AI investments, gaming unit boostCNBCTencent on Wednesday reported a 15% jump in second-quarter revenue as a strong performance in its gaming unit and investments in AI boosted growth.
1y agoundefined 700-HK TKWY-NLTech investor Prosus bets on India to produce a $100 billion companyCNBCIndia will produce a $100 billion tech company in the coming years, the CEO of Prosus told CNBC.
1y ago700-HK DASH HOODKlarna CEO wants to turn the platform into a 'super app' with AICNBCThe buy now, pay later giant's IPO may be on hold — but its business strategy remains the same, according to CEO Sebastian Siemiatkowski.
1y ago700-HK AMZN MSFT GOOG+1Tencent bets its China WeChat and gaming expertise will help it win cloud business in EuropeCNBCTencent has spent years becoming a gaming and social media giant in China and in the process building up its cloud computing capabilties.
1y agoBIDU 700-HK NVDA AMDChinese tech giants reveal how they're dealing with U.S. chip curbs to stay in the AI raceCNBCTencent and Baidu said stockpiling chips, optimizing AI models and using home-grown semiconductors have helped them progress with the tech.
1y agoBABA JD 700-HKBig Chinese companies like Alibaba show that AI-powered ads are giving shopping a boostCNBCAlibaba, Tencent and JD.com reported earnings that showed better Chinese consumer spending — and the growing benefits of artificial intelligence in advertising.
1y agoUBI-FR 700-HKAssassin's Creed maker Ubisoft plunges 18% as outlook fails to impressCNBCUbisoft, which is behind the "Assassin's Creed" franchise, said it sees net bookings for the current fiscal year being "stable" year-on-year
1y ago700-HK BABA BIDUTencent bets on 1.4 billion user WeChat empire to get ahead in China's AI raceCNBCTencent President Martin Lau said the company could create a "differentiated" AI agent through WeChat, the popular messaging app in China.
1y ago700-HKChinese tech giant Tencent posts 13% revenue jump as growth at key gaming unit surgesCNBCTencent on Wednesday reported an annual rise in its top and bottom line in the first quarter fuelled by accelerated growth in its key gaming business.
1y agoJD 700-HKChina risks a spiral into deeper deflation as it diverts U.S.-bound exports to domestic marketCNBCPrices will need to drop for buyers for them to absorb goods meant for exports, experts warn — risking deeper deflation in China.
1y agoUBI-FR 700-HKAssassin's Creed-maker Ubisoft's shares surge 11% on deal to spin off top game franchisesCNBCUbisoft shares surged on Friday after the French video game publisher announced a deal to spin out some of its best-selling franchises.
1y agoUBI-FR 700-HKUbisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stakeCNBCUbisoft on Thursday announced it's creating a new gaming subsidiary and that Chinese technology giant Tencent will invest 1.16 billion euros ($1.25 billion) into the unit.
1y agoBABA 700-HK BIDU METAChina's open-source embrace upends conventional wisdom around artificial intelligenceCNBCChina’s artificial intelligence space is moving towards free-use, open-sourced models in a trend that experts say will accelerate AI adoption and innovation.
1y ago700-HKTencent fourth-quarter profit surges 90% on gaming and advertising boostCNBCTencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.
1y agoNVDA 6857.T-JP 6723.T-JP 9984.T-JP+8Asian tech stocks fall as Trump doubles down on tariffs, keeping investors on edgeCNBCAsian tech stocks were also under pressure from the 8.69% fall in artificial intelligence darling Nvidia's shares overnight.
1y ago700-HK BABA 3690-HK TSLA+1Why China investors have stayed out of the country despite many stimulus measuresCNBCInvestors say repeated interventions — even to boost stock prices — have eroded their ability to make long-term investment decisions.
1y ago700-HK 300750-CNShares of Tencent fall 5% in Hong Kong after U.S. designates it as a Chinese military companyCNBCOther Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.
1y agoBABA 700-HK BIDU JDAlibaba slashes prices on large language models by up to 85% as China AI rivalry heats upCNBCAlibaba is offering the price cuts on its visual language model, Qwen-VL, which is designed to perceive and understand both texts and images.
1y agoTSLA BABA 700-HK NVDAChina's AI balancing act — beating the U.S. but keeping the tech from threatening Beijing's ruleCNBCProminent AI scientist Max Tegmark said the narrative of a geopolitical battle between the U.S. and China racing to build the smartest AI is a "suicide race."
2y agoNVDA 2333-HK BABA XPEV+4Chinese driver-assist startup announces $100 million in funding, touts 'deep cooperation' with NvidiaCNBCDeeproute said it is the first company in China to obtain Nvidia's newer Thor chip for cars and will release a new system using it next year
2y agoRDDT MSFT ABNB UBER+3Sam Altman’s Reddit stake now worth over $1 billion after post-earnings popCNBCOpenAI CEO Sam Altman's stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.