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Tencent Holdings

Tech war: China’s use of RISC-V chip standard faces headwinds amid US scrutiny and Google’s end of Android support

by Anas Siddiqui
Tech war: China’s use of RISC-V chip standard faces headwinds amid US scrutiny and Google’s end of Android support

Meanwhile, Google last week removed RISC-V support from the Android kernel, which is the computer program at the core of the operating system. Alphabet’s Googleplex headquarters in Mountain View, California. …

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TikTok’s US lawsuit gets Chinese state media support as ByteDance looks to avoid ban of its flagship app

by Walter Watson
TikTok’s US lawsuit gets Chinese state media support as ByteDance looks to avoid ban of its flagship app

China Daily, which is operated by the Communist Party, used a recent move supportive of electric vehicle maker Tesla to argue that China is more open to foreign business than …

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Chinese companies’ earnings set to rise amid a pickup in the economy after first decline in 3 quarters, UBS says

by Anas Siddiqui
Chinese companies’ earnings set to rise amid a pickup in the economy after first decline in 3 quarters, UBS says

The outlook for Chinese companies’ profitability looks bright, according to UBS which predicted that earnings will rise as the economy stabilises. Corporate profits fell in the first three months of …

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Chinese unicorn Zhipu AI to launch Sora rival as early as 2024 amid local race to catch up with OpenAI: report

by Anas Siddiqui
Chinese unicorn Zhipu AI to launch Sora rival as early as 2024 amid local race to catch up with OpenAI: report

Zhipu AI, one of China’s top emerging generative artificial intelligence (AI) start-ups, plans to release its answer to OpenAI’s text-to-video service Sora as early as this year, according to a …

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Global investors snap up Chinese stocks for third month in a row, in more upbeat tone for US$9 trillion market

by Anas Siddiqui
Global investors snap up Chinese stocks for third month in a row, in more upbeat tone for US trillion market

Foreign investors loaded up on Chinese stocks for a third straight month in April, adding to evidence that global fund managers have become more positive about the world’s second-largest market. …

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ByteDance details dozens of internal misconduct cases from bribery and data leaks to using company funds for personal expenses

by Anas Siddiqui
ByteDance details dozens of internal misconduct cases from bribery and data leaks to using company funds for personal expenses

ByteDance, owner of hit short-video app TikTok and its Chinese sibling Douyin, has internally disclosed 61 misconduct cases involving employees who were fired or charged by authorities for accepting bribes, …

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Tencent pushes wider adoption of AI-powered smart mobility system from a vehicle’s cockpit to the factory floor

by Anas Siddiqui
Tencent pushes wider adoption of AI-powered smart mobility system from a vehicle’s cockpit to the factory floor

Senior executives of the Shenzhen-based technology behemoth on Wednesday took the wraps off this initiative at an event in Beijing, where they touted the advantages of having its mobility solution …

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China approves 95 new video games in April, including Lost Soul Aside from Sony and NetEase’s Broken Land

by Anas Siddiqui
China approves 95 new video games in April, including Lost Soul Aside from Sony and NetEase’s Broken Land

Action role-playing game Lost Soul Aside received a licence for release on personal computers as well as for gaming consoles PlayStation 4 and 5, according to the NPPA list. NetEase’s …

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Goldman Sachs says China stocks may rise by 40% on market reforms as UBS goes overweight on mainland, Hong Kong shares

by Anas Siddiqui
Goldman Sachs says China stocks may rise by 40% on market reforms as UBS goes overweight on mainland, Hong Kong shares

China’s push to reshape its capital markets is set to give stock valuations a significant boost, according to Goldman Sachs. UBS Group joined the chorus by upgrading its recommendations on …

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Opinion | How the internet has transformed China in the past 30 years, and vice versa

by Anas Siddiqui
Opinion | How the internet has transformed China in the past 30 years, and vice versa

During the 1980s and 1990s, one of the most read books in China was The Third Wave by American writer and futurist Alvin Toffler. The biggest takeaway for China was …

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