China Tech

Tencent's Hong Kong-listed shares fall ~7%, the most since April 2025, as investors worry over “rumors” of weaker earnings on August 12, and NetEase drops 5%+ (www.bloomberg.com)
2 days ago Hong Kong Tencent

Singapore-based Ant International, a payments company which spun out of Ant Group in 2024, raised $1.2B from investors including Ant Group and Alibaba (www.reuters.com)
3 days ago Alibaba Singapore

Source: Tencent is in talks to acquire Israeli game developer SuperPlay in a deal valuing SuperPlay at $1B-$1.5B; Playtika acquired SuperPlay in 2024 for $690M (www.calcalistech.com)
4 days ago Israel Tencent

The EU fines Alibaba's online marketplace AliExpress €550M for failing to do enough to prevent the sale of illegal products, the largest DSA fine to date (www.ft.com)
4 days ago Alibaba

Filing: Zhongji Innolight, China's leading optical transceiver maker, aims for an $8B Hong Kong IPO, the city's largest since Alibaba's $12.9B debut in 2019 (www.bloomberg.com)
4 days ago China Hong Kong IPO Alibaba

Alibaba launches preview of 2.4T parameter Qwen3.8 Max, says it's comparable to frontier AI models and second only to Fable 5, will make it “open-weight soon” (www.bloomberg.com)
5 days ago Alibaba AI

Alibaba open-sources its chip software, following similar plays from Huawei and Moore Threads, as Chinese GPU makers try to break the dominance of Nvidia's CUDA (www.scmp.com)
5 days ago China Alibaba Nvidia

Sources: China's National AI Industry Investment Fund gained voting rights in DeepSeek by joining its $7.4B round; other investors like Tencent and JD got none (www.bloomberg.com)
6 days ago China AI Tencent

A Refurbished Lenovo Chromebook built to take a beating — $55 (www.bleepingcomputer.com)
9 days ago Lenovo

China's cyberspace regulator says Apple Intelligence has been registered for use on iPhones in the country; Alibaba says the service will use its Qwen model (www.reuters.com)
9 days ago China Alibaba Apple Intelligence

Singapore-based and Alibaba-backed video generation startup PixVerse says it closed a Series C extension to raise $439M total for the round, valuing it at $2B+ (techcrunch.com)
10 days ago Alibaba Startup Singapore

OpenAI and Google sold AI services to Singapore-based subsidiaries of Alibaba, Baidu, and Tencent, reigniting calls for tighter US regulation of AI models (www.ft.com)
14 days ago Google Alibaba AI Tencent Singapore

OpenAI and Google are providing advanced AI models to Singapore-based subsidiaries of Alibaba, Baidu, and Tencent, exposing a gap in US AI controls (www.ft.com)
14 days ago Google Alibaba AI Tencent Singapore

Sources: Manus investors and management are discussing unwinding Meta's $2B buyout at the same valuation, with Tencent in talks to become the largest investor (www.ft.com)
14 days ago Tencent

Sources: Beijing recently held meetings with Alibaba, ByteDance, Z.ai, and others to discuss restricting overseas access to advanced open and closed AI models (www.reuters.com)
17 days ago Alibaba AI

Counterpoint: China smartphone sales fell 13% YoY during the 618 shopping festival as brands raised prices to offset memory costs; Honor fell 33% and Xiaomi 24% (www.reuters.com)
17 days ago China Xiaomi

Alibaba's Qwen models have made it an AI powerhouse, but the company has struggled to turn their global popularity into a profitable business (www.nytimes.com)
17 days ago Alibaba AI

A term sheet shows Tencent is seeking to raise as much as $1.55B in a selldown of part of its stake in short-video app operator Kuaishou through a block trade (www.bloomberg.com)
18 days ago Tencent

Tencent releases Hy3, a 295B-parameter model that it says is competitive with GLM-5.1 and 5.2, under the Apache 2.0 license, following a preview launch in April (venturebeat.com)
18 days ago Tencent

Shenzhen-based Even Realities, a startup that makes smart glasses without cameras, raised a $150M pre-Series B led by Meituan and Tencent (techcrunch.com)
18 days ago Startup Tencent Shenzhen

A US federal judge ordered the DOD to shield Alibaba from a law that led lobbyists to drop it as a client while she weighs the measure's constitutionality (www.bloomberg.com)
18 days ago Alibaba

ByteDance's Doubao and Alibaba's Qwen will disable humanlike and user-created agents before July 15, as China's anthropomorphic AI interaction rules take effect (www.scmp.com)
19 days ago China Alibaba AI

Alibaba To Ban Claude Code In Workplace Over Alleged Backdoor Risks (slashdot.org)
20 days ago Alibaba Ban

Sources: Alibaba has banned employees from using Claude Code and asked them to remove all Claude models from their work computers, citing security concerns (www.theinformation.com)
21 days ago Alibaba

Alibaba and its US payment processor AUS agree to pay $600M to resolve DOJ allegations that they failed to prevent illegal sales of drugs and other products (www.reuters.com)
23 days ago Alibaba

Sources: Chinese smartphone makers like Xiaomi, Oppo, and Vivo told suppliers they will again cut 2026 shipment targets, with Xiaomi cutting 30% to ~95M units (asia.nikkei.com)
24 days ago China Xiaomi OPPO Vivo

As a new law bars DOD from working with companies whose lobbyists also represent blacklisted entities, DC lobbying firms drop companies like Alibaba and Tencent (www.bloomberg.com)
25 days ago Alibaba Tencent

Chinese robotics startup AI² Robotics raised ~$736M at a ~$2.9B valuation; Alibaba-backed X Square Robot raised an undisclosed amount at a ~$2.9B valuation (www.bloomberg.com)
25 days ago China Alibaba Startup AI Robot

Sources: CXMT and Tencent sign a ~$3B, three-year DRAM supply agreement for servers ahead of CXMT's IPO; CXMT is in talks with other major Chinese companies (www.reuters.com)
25 days ago China IPO Tencent

Get a durable, refurbished Lenovo Chromebook for $55 (www.bleepingcomputer.com)
27 days ago Lenovo

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