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In order to finance the outbound US dollar demand for the cash consideration of Zeekr (ZK.US) privatization, GEELY AUTO (00175.HK) announced that it, as the borrower, plans to establish a short-term facility agreement.This agreement will be signed within the next month with a syndicate of banks and financial institutions, with t...
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BABA-W (09988.HK) has established the Qianwen C-end business group, according to a report by Sina Tech. Formed by merging and restructuring the original Intelligent Information and Intelligent Connectivity business groups, this group includes businesses such as Qianwen App, Quark, AI hardware, and UC, with Vice President Wu Jia ...
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US President Donald Trump announced that, subject to a series of conditions, Nvidia (NVDA.US) will be allowed to deliver its AI Chip H200 to approved customers in China and other regions. Guo Jiakun, the spokesperson for the Ministry of Foreign Affairs of the PRC (MoFA), said at a regular press conference that China has consiste...
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As indicated by industry insiders, Macau's GGR for the first seven days of December reached about MOP5.2 billion, averaging roughly MOP743 million per day, around 6% higher than November and around 27% higher than the same period last year, according to a report from Citi.Citi believes the event held at the Galaxy Arena on D...
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The HSI ended the midday down 215 points or 0.8% at 25,549. The HSCEI fell 101 points or 1.1% to 8,981. The HSTECH dropped 74 points or 1.3% to 5,587. The market's half-day turnover amounted to HKD107.76 billion.The US Congress is expected to pass a bill restricting Chinese biotech companies from obtaining government-funded ...
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