#china-stake-sale

#china-stake-sale

Moody's Ratings has slashed India's economic growth projections for the current fiscal to 6%, from 6.8% earlier. The credit ratings agency said the US-Israeli war against Iran and its impact on the global energy market will weigh on India's growth momentum and heighten inflation risks.

In recent weeks, China approved the world's first commercial brain-computer interface medical device and unveiled a five-ton class electric vertical takeoff and landing aircraft that has already completed a public flight.

Richard Yu promises that Huawei will expand satellite connectivity to lower-priced devices, ensuring that it won't be confined to high-end models only. This initiative marks a new chapter in the company's journey, addressing the connectivity struggles that persist due to insufficient mobile network coverage.

Collectors are now taking a more deliberate approach, with longer timelines and less urgency on the first day of the fair, indicating a shift in buying behavior.

Pop Mart's reliance on 'The Monsters' IP has raised concerns, as it accounted for 40% of revenue in 2025 but dropped to 23% in 2024, indicating potential volatility.

Warning to the invading American ruling establishment and its affiliated spy companies. You ignored our repeated warnings about the necessity of halting terrorist operations, and today, in terrorist attacks carried out by you and your Israeli allies, a number of Iranian citizens were martyred.

Christie's led the evening-sale race, with a total haul of HK$655.76 million ($83.8 million), a 17 percent increase from the same sale last year. It had no withdrawals.

The meeting made clear, based on the requirements set out in the 2021 joint notice issued by ten government agencies, that stablecoins are considered a form of virtual currency. At present, they cannot adequately meet requirements for customer identification, anti-money-laundering compliance, or related regulatory standards. They also carry significant risks of being used for money laundering, fraudulent fundraising, and illegal cross-border capital transfers.

"I'm surprised by how neutral the rule was, when you think about the massive amount of lobbying there's been around it. It doesn't say certain assets are good or bad. Instead, it really focuses on making a rules-based framework instead of a litigation-based one."

Escalating geopolitical risk continued to dominate global markets' concerns, with safe-haven demand keeping the dollar index anchored near a multi-week high.

Guangdong's complete industrial ecosystem and first-class business environment have made Shein's fast growth possible. He boasted that Shein currently supports over 600,000 jobs in the Chinese province, and pledged to invest over 10 billion yuan ($1.5 billion) to fortify its local supply chain.

Chinese users rushed to install OpenClaw on their devices, even forming long lines outside Tencent's headquarters in Shenzhen and Baidu's headquarters in Beijing to get engineers to help install the AI agent. Others paid strangers online to set it up for them.

In an unprecedented Chinese New Year marketing blitz, Alibaba Group Holding, Baidu, ByteDance and Tencent Holdings spent an estimated 8 billion yuan (US$1.1 billion) to turn their artificial intelligence assistants into household names, according to Morgan Stanley.

China's approach to AI is architecturally different. Where Western tech companies have largely pursued AI as a product category - chatbots, copilots, and standalone tools that can be sold to enterprises - China has treated AI as infrastructure: a utility layer woven into the fabric of commerce, logistics, government services, and daily life.

Net profits also rose by almost 260%, from $447.8 million to $1.6 billion. Fintech division Monee was the company's fastest-growing division, posting 60% growth over 2025. During the earnings call, Li added that Sea wants to continue expanding the division's suite of products, foraying into areas like digital banking and insurance.

We are committed to terms that remain fair and transparent to all developers, and to always offering competitive App Store rates to developers distributing apps in China that are no higher than overall rates in other markets.

Chinese authorities have signalled they'll likely probe Meta's planned acquisition of made-in-China AI platform Manus. Meta announced the acquisition on December 29, 2025, and said Manus will become part of its consumer and business products. On Thursday, a spokesperson for China's Ministry of Commerce said Beijing intends to investigate the acquisition to ensure it won't infringe China's export controls or foreign investment laws.

The Trump administration is weighing whether to force Chinese tech conglomerate Tencent to abandon its investment in U.S. gaming companies, the Financial Times reports. That would include divesting major stakes in Fortnite maker Epic Games and League of Legends maker Riot Games. The threats leaked from the White House come ahead of negotiations with Xi Jinping in China next month.

The US has increasingly shut out Chinese smartphone makers in recent years with outright bans and punitive tariffs, not to mention Apple's dominance. But the truth is, some of the best smartphones you can't officially buy in the US are simply some of the best smartphones. If you want cutting-edge photography, interesting innovations, and top-tier hardware that won't break the bank, you can find them in China.

Last week, news broke that Meta is buying Chinese AI startup Manus for around $2 billion. The company is known for its AI agent that can handle everything from job interviews to stock analysis. Meta plans to integrate Manus' AI agent into its own products. Now, the Financial Times reports that China's Ministry of Commerce has decided to review the purchase to determine whether the deal violates the country's export control rules for technology.

Nvidia's Q3 FY2026 earnings call revealed China data center revenue grew sequentially on "export-compliant copper products," but CFO Colette Kress noted it "remains well below levels prior to the onset of export controls." Nvidia has been selling export-compliant chips to China for two years, and China previously represented 20-30% of revenue share. NVDA is up 0.77% over the past week while Advanced Micro Devices ( NASDAQ:AMD) surged 12%. Nvidia's stock has shown limited movement following the news, while AMD has captured significant momentum.

Open source - that might be the clearest signal of how China wants artificial intelligence to reshape its economy. Hisham Alrayes, the group CEO of Bahrain-based GFH Financial Group, said China is prioritizing open models and broad deployment to spread AI's gains across the economy, instead of funneling them to a few tech giants. Speaking at a Davos panel on China's "AI+ Economy" strategy on Wednesday, Alrayes said the country's approach reflects a fundamentally different economic philosophy.

The gist of it is that US actions such as prosecuting Binance co-founder Zhao Changpeng and chasing alleged cyber-scam camp operator Chen Zhi were not law enforcement actions but attempts to ensure US hegemony over cryptocurrencies and preserve the role of the US dollar as the de facto currency of world trade.

The country's top internet regulator, the Cyberspace Administration of China (CAC), requires that any company launching an AI tool with "public opinion properties or social mobilization capabilities" first file it in a public database: the algorithm registry. In a submission, developers must show how their products avoid 31 categories of risk, from age and gender discrimination to psychological harm to "violating core socialist values."

EPS: $0.89 vs. $0.86 estimate (3.5% beat) Revenue: $4.23 billion vs. $4.34 billion estimate (in line), up 6% year-over-year Adjusted Operating Margin: 14.4%, up 290 basis points from prior year Guidance Raised: FY2026 adjusted EPS now $2.05-$2.25 (36-49% growth) Stock Reaction: Shares dropped 18.7% over the past week despite raised guidance Estée Lauder delivered a mixed quarter, beating earnings expectations while revenue met estimates.

Chinese officials are looking into whether Meta Platforms Inc.'s acquisition of artificial intelligence startup Manus violated regulations, an initial review that could hinder the deal down the road if officials determine wrongdoing. Regulators have begun a review of the transaction unveiled in December, including possible national security implications, people familiar with the matter said. Worth more than $2 billion, the deal will be assessed for its consistency with relevant laws and regulations, Ministry of Commerce spokesman He Yadong said at a regular briefing.