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Recent Chinese technology breakthroughs are more "micro- and innovation-driven in nature," wrote analysts at Goldman Sachs.
Hong Kong stocks jumped on Monday towards a five-month high after Goldman Sachs raised its price targets for Chinese equities, betting that a faster adoption of artificial intelligence (AI) will ...
The rally in Hong Kong this year has returned US$245 billion to Hong Kong’s market capitalisation as tech leaders soared.
Goldman Sachs analyst Allen Chang upgraded Semiconductor Manufacturing International Corp. (981:HK) (OTC: SMICY) stock rating from Neutral to Buy and raised the price target to HK$62.70 from HK$43.60.
Chinese stocks in Hong Kong gained after a meeting between President Xi Jinping and prominent entrepreneurs signaled ...
The Hang Seng China Enterprises Index rose as much as 2%, with technology stocks including Alibaba Group Holding Ltd. and ...
HONG KONG, Feb 11 (Reuters) - Global hedge funds have been snapping ... of homegrown artificial intelligence startup DeepSeek ...
Hua Hong Semiconductor Ltd. (1347 – Research Report) received a Hold rating and price target from Goldman Sachs analyst Allen Chang today. The company’s shares closed last Friday at HK$25.65.
The main beneficiaries of the trend include Chinese e-commerce giant Alibaba, whose shares have staged a dramatic turnaround ...
The Shenzhen-listed firm’s Hong Kong float could raise more than US$5 billion ($6.75 billion) as soon as the first half of 2025.
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