DeepSeek keeps boosting Chinese tech stocks. Goldman Sachs says this upswing could be different.
Recent Chinese technology breakthroughs are more "micro- and innovation-driven in nature," wrote analysts at Goldman Sachs.
Hong Kong stocks erase gains near 5-month high as DeepSeek-led rally wanes
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 lifts SMIC stock rating to Buy, target to HK$62.70
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.
Investors pump billions into China as DeepSeek unleashes AI bulls
Hedge funds are ramping up exposure to Chinese equities from depressed levels, with mainland investors aggressively buying ...
Xi’s meeting with Jack Ma, tech bosses is tonic for US$245 billion Hong Kong bull run
The rally in Hong Kong this year has returned US$245 billion to Hong Kong’s market capitalisation as tech leaders soared.
Tencent Stock Hits 3-Year High on DeepSeek Tests as Baidu Slumps
Tencent (TCTZF) stock rallied to a three-year high as news of it carrying out testing with DeepSeek fueled optimism among ...
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HEDGEFLOW China tops hedge funds' shopping lists so far this year, Goldman says
HONG KONG, Feb 11 (Reuters) - Global hedge funds have been snapping ... of homegrown artificial intelligence startup DeepSeek ...
Chinese Stock Rally Resumes as Xi Vows Support for Private Firms
Chinese stocks in Hong Kong gained after a meeting between President Xi Jinping and prominent entrepreneurs signaled ...