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 ...
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.
Tencent (TCTZF) stock rallied to a three-year high as news of it carrying out testing with DeepSeek fueled optimism among ...
The rally in Hong Kong this year has returned US$245 billion to Hong Kong’s market capitalisation as tech leaders soared.
Hedge funds are ramping up exposure to Chinese equities from depressed levels, with mainland investors aggressively buying ...
HONG KONG, Feb 11 (Reuters) - Global hedge funds have been snapping ... of homegrown artificial intelligence startup DeepSeek ...
Chinese stocks in Hong Kong gained after a meeting between President Xi Jinping and prominent entrepreneurs signaled ...
The main beneficiaries of the trend include Chinese e-commerce giant Alibaba, whose shares have staged a dramatic turnaround ...
China's apparent breakthrough in AI and rapprochement with tech giants has sent Hong Kong stocks and internet giants soaring, ...