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2023-07-01 10:03:00 ET U.S. videogame sales rebounded with a strong year-over-year gain in May, with no small thanks due to a new game from a venerable Nintendo ( OTCPK:NTDOY ) franchise. Overall sales rose 12% to $4.118B from last May's $3.665B, according to research group Circana....
2023-06-29 09:17:23 ET Summary Baidu is China's AI leader. However, it has yet to benefit from the AI hype that lifted AI-exposed stocks in the US since the start of 2023. Investors are likely still pricing in a steep discount against China's geopolitical headwinds. However, its A...
2023-06-28 14:06:40 ET Summary The US is reportedly planning new AI chip export controls targeting China, which could impact companies like Nvidia that have previously been affected by such measures. Despite potential restrictions, the impact on Nvidia is unlikely to be dramatic a...
2023-06-28 05:53:45 ET Summary Naspers and Prosus announced a proposal to remove the much-hated cross-holding structure. While the transaction is quite complex, its outcome is actually a real simplification. However, one of the two companies will benefit more than the other fr...
2023-06-28 05:08:37 ET Summary Tencent, the largest online gaming company in China and a major fintech player, is undervalued, according to my analysis. The company's games have significant staying power and its Mini Programs generated several trillions RMB of GMV in 2022. I value...
2023-06-27 21:35:48 ET Summary Tencent's stock appears overvalued despite underperforming the U.S. stock market this year, with the company experiencing a decline in profitability metrics. The company's financial performance may show strong momentum in the coming quarters, but mor...
2023-06-25 23:47:18 ET Summary Heightened volatility and dampened profit margins for internet and e-commerce assets in East Asia make EMQQ a risky bet. Despite the rise of e-commerce in China, geopolitical struggles and domestic instability may deteriorate the quality of internet ...
2023-06-15 10:00:22 ET Alibaba ( NYSE: BABA ), JD.com ( JD ) were among the leading Chinese technology stocks early on Thursday after the country's central bank cut a key interest rate as it hopes to provide a jolt to a struggling economy. Alibaba ( BABA ) gained 3.4% ...
2023-06-14 06:28:00 ET Summary We’ve seen signs of improvement that are positive for the Chinese internet services sector, but that space also continues to be a place of extreme competitive aggression. As a result of the creation of economic zones, increased availability of...
2023-06-08 02:26:47 ET Summary Alibaba stock is cheap compared to U.S. tech stocks, with a market cap of just over $200 billion and $25 billion in annual free cash flow. BABA faces increased competition in the domestic Chinese market due to regulatory changes, but its internationa...
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Tencent Deploys AI to Help Researchers Decipher Hidden Meanings in Oracle Bone Scripts PR Newswire Online research platform Oracle Bones Corpus welcomes contributions from researchers and enthusiasts SHENZHEN, China , May 28, 2024 /PRNewswire/ -- Tencent&...
Tencent Announces Winners of Flagship CarbonX Program to Combat Climate Change PR Newswire SHENZHEN, China , May 23, 2024 /PRNewswire/ -- Tencent (00700.HK) is awarding 13 exceptional teams that won the first phase of its groundbreaking CarbonX Program , ...