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China's Big Tech market cap rankings see shake up as NetEase overtakes Meituan for No 4 spot

China’s Big Tech landscape continues to undergo seismic shifts, with video gaming and news portal NetEase overtaking food delivery giant Meituan as the country’s fourth most valuable listed technology company. ....

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China Literature to Acquire Tencent Animation and Comics

The leading online Chinese literature and IP incubation platform will acquire Tencent’s APP platform, intellectual property rights, and related rights to its content (animation, film and TV series projects) in a deal worth more than US$83 million. ....

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Hong Kong-listed companies ploughed record US$14 billion into buy-backs in 2023 as sell-offs made stock market the world's cheapest

The repurchasing spree has come as the Hang Seng Index heads for an unprecedented fourth straight year of decline, as China’s slowdown and aggressive interest-rate hikes in the US trigger foreign outflows. ....

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nvidia: After US curbs, Tencent and small chip designers chase Nvidia's China crown

California-based Nvidia commands as much as 90% of China s $7 billion market for chips used to process enormous amounts of data to develop artificial intelligence (AI) software. ....

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Central Economic Work Conference Concludes

Asian equities were higher overnight as Hong Kong outperformed and India underperformed. ....

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