These companies are widely regarded as AI darlings in China. Alibaba's stock has surged 73% since its low in mid-January (as of this writing). JD and Tencent have also been firmly in rally mode, with the stocks up 41% and 30%, respectively, during the same timeframe. Recent developments suggest there could be more to come.
A surge in AI developments from Chinese tech giants has fueled a rally in China's stock market, pushing tech shares to multi-year highs.
Tencent Holdings Limited’s Yuanbao AI chatbot passed DeelSeek as the most downloaded app on AppStore in China. Yuanbao integrates Hunyuan artificial intelligence technology alongside DeepSeek’s R1 reasoning model.
When you invest in Chinese stocks, the regulatory landscape in China and geopolitical tensions are going to be a big part of the story. Tariffs and export controls by the U.S. have been in play since Trump's first term and through former President Joe Biden's term, and have now ramped up even further in Trump's second term.
Chinese AI startup Zhipu, which is backed by companies including Alibaba (NYSE:BABA) and Tencent Holdings (OTCPK:TCEHY), has secured more than 1 billion yuan ($137.22 million), in its latest funding round.
Tencent Holdings Ltd.’s Yuanbao AI chatbot passed DeepSeek to become the most downloaded iPhone app in China this week, highlighting the intensifying domestic competition.Most Read from BloombergCuts
Tencent releases new AI model ... Chinese competition regulator holds talks with Alibaba, Mercedes-Benz China's market regulator held a symposium on fair competition with executives from seven ...
The Hunyuan Turbo S artificial intelligence model is designed to respond as instantly as possible, distinguishing itself from the deep reasoning approach of DeepSeek's eponymous chatbot
Alibaba Group Holding Ltd. has started benchmarking itself against DeepSeek and announced a $53 billion investment in AI. Tencent, for its part, has integrated DeepSeek R1 into a slew of its ...
President Xi Jinping recently held a rare meeting with tech and start-up leaders in the country that largely encouraged the group. Still, the additional tariffs throw a wrench in what had been a ...
TENCENT Holdings’s Yuanbao artificial intelligence (AI) chatbot passed DeepSeek to become the most downloaded iPhone app in China this week, highlighting the intensifying domestic competition. Read more at The Business Times.