Liang Wenfeng, founder of startup DeepSeek, delivers the keynote speech during the 10th China Private Equity Golden Bull Awards on August 30, 2019 in Shanghai, China. Vcg | Visual China Group | Getty Images DeepSeek, the lab that put Chinese artificial intelligence on the map last January, has long been financed by High-Flyer Quant, its…
CHANGZHOU, JIANGSU, CHINA – 2026/05/05: XPENG’s showroom at Jiangnan Global Harbor displays two XPENG electric cars behind glass, with a staff member inside. (Photo by Sheldon Cooper/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of Chinese electric vehicle maker Xpeng fell more than 9% in Hong Kong on Tuesday after the…
Night view of Alibaba’s headquarters building located by the Huangpu River in Shanghai, China on Nov. 16, 2025. CFOTO | Future Publishing | Getty Images Alibaba shares plunged as much as 10% in Hong Kong on Monday after the Chinese tech giant priced an 80 billion Hong Kong dollar ($10.20 billion) placement of newly issued…
HANGZHOU, CHINA – JUNE 17: An Unitree G1 humanoid robot presents martial arts and dance performance for tourists at West Lake scenic area on June 17, 2026 in Hangzhou, Zhejiang Province of China. (Photo by Long Wei/VCG via Getty Images) Vcg | Visual China Group | Getty Images Unitree Robotics shares rose 542% in early…
An AI-themed ‘AGI Bar’ in Beijing’s tech-focused Zhongguancun district on Aug. 9, 2026. Pedro Pardo | Afp | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what I’m seeing and hearing from local businesses. Is the AI race about…
Travelers walk past an Alibaba Cloud advertisement at Shenzhen Bao’an International Airport in Shenzhen, China, on Tuesday, Oct. 7, 2025. Bloomberg | Bloomberg | Getty Images For much of the past several years, the debate over artificial intelligence has revolved around two foundational questions: Can American technology companies continue to innovate at the technological frontier?…
Traders work on the floor of the New York Stock Exchange during morning trading on July 24, 2026 in New York City. Michael M. Santiago | Getty Images Investors are becoming more willing to increase their exposure to international equities, as concerns over the dominance of the “Magnificent Seven” technology giants encourage diversification away from…
CXMT‘s blockbuster Shanghai debut has put it in the spotlight, but analysts say closing the technology gap in advanced memory chips, not investor enthusiasm, will determine whether it can challenge the global market leaders. The Chinese memory maker’s nearly 466% surge in its Monday market debut has fueled optimism that Beijing’s years-long push to build…
Chinese startup Moonshot AI has unveiled a new model it says closes the gap with leading U.S. offerings and surpasses OpenAI and Anthropic’s most capable systems on some benchmarks. Kimi K3 still trails Anthropic’s Claude Fable 5 and OpenAI’s GPT 5.6 Sol on overall performance, the company said on Friday, but consistently outperformed other tested…
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Asia tech stocks tumbled on Friday as a fresh rout in U.S. semiconductor shares spread across Asia, underscoring growing…
