U.S. Commerce Secretary asks China for more business predictability
US Commerce Secretary Gina Raimondo (C) talks to US Ambassador to China Nick Burns (L) as they head to a meeting with Chinese Premier Li Qiang at the Great Hall …
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Baidu gets China’s green light to release its ChatGPT-like Ernie bot to the public
Pictured here is the Ernie bot mobile interface, with the Baidu search engine home page in the background. Future Publishing | Future Publishing | Getty Images BEIJING — Chinese tech …
Stocks making the biggest moves after hours: CRM, OKTA, CRWD, FIVE
The Salesforce West office building in San Francisco, California, on Wednesday, Jan. 25, 2023. Marlena Sloss | Bloomberg | Getty Images Check out the companies making headlines after hours. CrowdStrike …
Chinese EV startup Xpeng shares soar after $744 million deal with Didi
Didi launched a free robotaxi service in parts of Shanghai in 2020. Vcg | Visual China Group | Getty Images BEIJING — Chinese electric car company Xpeng said Monday it …
China’s big internet names mostly beat. Here’s what analysts expect
Chinese internet tech companies Alibaba , Tencent and Baidu have reported solid quarterly earnings this month with little to show for it in market performance. Tencent has fallen for four …
China’s EV slowdown drags down Nvidia’s ‘next billion-dollar business’
Nvidia automotive segment primarily sells chip systems for assisted driving. CEO Jensen Huang has touted it as the company’s “next billion-dollar business.” Alex Wong | Getty Images News | Getty …
Baidu earnings report 2Q 2023
A Baidu Apollo robotaxi passes by a Baidu office building in Beijing on Aug. 21, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese tech company Baidu on Tuesday …
China’s financial regulators urge support for resolving local debt risks
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | Reuters BEIJING — Chinese financial regulators …
Value investing is having a moment in China. Here are some funds that are winning
As much as people in China revere Warren Buffett, the domestic stock market has historically drawn more comparisons to a casino. Sentiment-driven retail investors have generally dominated the local market. …
What China’s big earnings say about the consumer
Tencent sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | Reuters BEIJING — Corporate earnings releases are picking up on …