August 1, 2025

Alibaba

Finance

Alibaba’s finance chief voices confidence in China’s AI boom and consumer market

Alibaba Group Holding’s chief financial officer Toby Xu Hong reiterated the company’s confidence in China’s growing artificial intelligence sector and the consumer market’s resilience in an interview with state news agency Xinhua, as he highlighted the tech giant’s significant investments in AI research, infrastructure, and on-demand delivery. Xu said Alibaba had earmarked 380 billion yuan

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Investors

Chinese Investors Are Dumping Alibaba Stock Despite Wall Street’s High Praise. Should You?

Alibaba by Photo Agency via Shutterstock Alibaba (BABA) has long been a star in China’s tech sector and its premier e-commerce and cloud businesses have also attracted international investor attention. That star status could be rapidly changing. Despite healthy analyst sentiment and positive earnings, new market data reveals that mainland Chinese investors are abandoning Asia’s

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Investors

5 BYDs Or 1 Tesla?

CLN KraneShares Key News Asian equities were mixed overnight in a quiet session following Friday’s global index rebalance and the expiration of U.S. futures and options. Hong Kong and India, which has picked up recently after its correction, outperformed while the Philippines and Indonesia underperformed. The Wall Street Journal is reporting Trump’s April 2 tariff

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Investment

Tencent’s AI investment to drive long-term growth, analysts say, amid DeepSeek integration

Tencent Holdings is poised for “long-term growth” from its aggressive spending on artificial intelligence (AI) as China’s most valuable tech giant aligns its future with DeepSeek and in-house models, according to analysts. Tencent chairman and CEO Pony Ma Huateng said on Wednesday that he had talked with Liang Wenfeng, the founder of DeepSeek, and “admires”

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