HKG:0700

63 stories mentioning HKG:0700Updated 2d ago

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Market Chatter: Alibaba, Tencent Explore Investment in DeepSeek

Alibaba (HKG:9988) and Tencent (HKG:0700) are in early-stage talks to back artificial intelligence firm DeepSeek, Reuters reported Wednesday, citing The Information.The startup, supported by High-Flyer Capital Management, is looking to raise fresh capital at a valuation above $20 billion, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:0700HKG:9988

Asia145d ago

Tencent Acquires Shares in Kaspi.kz

Tencent Holdings (HKG:0700) acquired 6 million American depositary shares in Kaspi.kz JSC, marking its first investment in Kazakhstan's fintech sector, according to a statement Monday.Tencent acquired the shares, which represent 3.2% of the business, from Baring Fintech Venture Funds.

HKG:0700

Asia150d ago

Market Chatter: CATL Calls for Removal From US Restrictions; Shares Up 4%

Contemporary Amperex Technology (SHE:300750, HKG:3750) is asking the US to remove its name from the list of companies blacklisted due to alleged links with the Chinese military, Bloomberg News reported Thursday, citing insiders.The battery maker was included in the list with Tencent Holdings (HKG:0700).CATL's co-chairman, Pan Jian, argued on the company's case during his two trips in the U.S. since a year earlier, including one made with officials of the Defense Department, the report said.The sources said that Pan was concerned that the chances to be removed from the curbs were small due to the tensions between the U.S. and China, the report said.CATL is yet to respond to' request for comment on the matter.The battery maker's Hong Kong shares jumped 4% and Shenzhen bourse rose 2% during the morning trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:0700HKG:3750SHE:300750

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