CHINA BULLETIN: TikTok Goes to Washington
In this week’s issue TikTok testifies in Washington, China discovers mRNA vaccines, and also re-discovers Australian coal. On a scale of 1 to 10, we give the week a 4.5 for offshore-listed China stocks.
Baidu’s Results Shine, But Its Upcoming ChatBot Could Steal the Show
The search leader’s latest quarterly results beat expectations, even as its new Ernie chatbot has captured headlines despite China’s tougher oversight of such AI technology Key Takeaways: Baidu reported flat…
Feeling the Love: Chinese Tech Giants Catch ChatGPT Fever
ChatGPT, an AI-driven chatbot that is the talk of the tech world, could shake up internet searching and other types of online businessKey Takeaways:The global buzz around ChatGPT has spread…
CHINA BULLETIN: Mixed Manufacturing Signals
After a rough few weeks, China stocks finally gave investors something to cheer about last week when most of the country was closed for the Oct. 1 National Day holiday. The Hang Seng China Enterprises Index rose 2.7% during the week, while the iShares MSCI China ETF rose by a smaller 1.3%, compared with a 3% rise for the broader Hang Seng Index.
Private Equity Bets iClick Can Shine Brighter Outside Stock Market Spotlight
Bid by PAG and Oasis Management carries a 20% premium and values the Hong Kong-based provider of digital marketing tools at $640 million Key takeaways: Private equity bid for iClick…
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