Chinese AI startup Zhipu, which is backed by companies including Alibaba (NYSE:BABA) and Tencent Holdings (OTCPK:TCEHY), has secured more than 1 billion yuan ($137.22 million), in its latest funding round.
Chinese tech stocks are valued at half the price of US tech stocks, an investment manager from a mid-sized US mutual fund said. Recently some institutions have been actively investing in tech funds against the trend, because they had previously underweighted their investments in the Chinese market.
When you invest in Chinese stocks, the regulatory landscape in China and geopolitical tensions are going to be a big part of the story. Tariffs and export controls by the U.S. have been in play since Trump's first term and through former President Joe Biden's term, and have now ramped up even further in Trump's second term.
TENCENT Holdings’s Yuanbao artificial intelligence (AI) chatbot passed DeepSeek to become the most downloaded iPhone app in China this week, highlighting the intensifying domestic competition. Read more at The Business Times.
Alibaba Group Holding Limited recently delivered earnings that surpassed expectations, sending its stock soaring. With this rally, Alibaba is no longer the deeply undervalued, overlooked stock it was in past years.
Chinese stocks reacted favorably after China's President Xi Jinping held meetings with Chinese tech and start-up leaders in a move indicating a more friendly approach to the sector. The meeting included Alibaba co-founder Jack Ma and DeepSeek founder Liang Wenfeng.
Tencent Holdings Ltd.’s Yuanbao AI chatbot passed DeepSeek to become the most downloaded iPhone app in China this week, highlighting the intensifying domestic competition.Most Read from BloombergCuts