China Stocks Close Higher Amid DeepSeek AI and Alibaba Hope
Chinese shares closed higher amid positive sentiment over tech stocks and Chinese AI firm DeepSeek. Alibaba's latest earnings are buoying the upbeat mood toward Chinese tech stocks and foreign investors' interest in Chinese equities after DeepSeek's tech breakthrough.
China, Alibaba and AI
Chinese tech stocks listed in Hong Kong advanced on Friday for their best weekly winning streak since 2020, as earnings ...
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Still, the euphoria in AI-related stocks remained mainly with large U.S. tech companies, leaving behind its Chinese peers.
U.S.-listed Chinese stocks trading higher in premarket on Friday as Chinese companies raise funds overseas and Alibaba ...
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Goldman Sachs raised its target price for Chinese stocks on Monday, estimating that AI adoption could boost earnings growth ...
The broader rally in Chinese tech stocks highlights how DeepSeek's cost-efficient model could spur developments in China's AI ...
A relatively small Chinese artificial intelligence (AI) start-up created a large language model (LLM) generative-AI chatbot ...
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