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The Latest Breaking News from China Unicom

Global Market: Chinese stocks slide as semiconductor and robotics shares tumble

Chinese stocks tumbled on Wednesday as semiconductor and robotics shares came under heavy selling pressure, with weak corporate earnings and concerns over the broader economy weighing on sentiment. The CSI300 fell 2.4%, while the Shanghai Composite dropped 2%. Hong Kong shares edged higher. Meanwhile, humanoid robot maker Unitree surged nearly…

The Economic Times

Business Brief (July 30): WTO Backs China in Turkey EV Tariff Dispute

China Unicom faces U.S. national security blacklist, domestic 5G smartphone shipments see double-digit decline

Caixin Global

SK Telecom named as the Korean carrier at the center of Anthropic's Mythos export controls controversy — access was revoked days before White House took Mythos and Fable 5 offline for all foreign nationals

Wired has identified SK Telecom as the South Korean telecom company whose access to Anthropic's Claude Mythos model the White House ordered revoked over alleged ties to China.

Tom’s Hardware

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Tech Brief (Nov. 20): DeepMind to Open AI Lab in Singapore

Netherlands temporarily suspends a controversial ministerial order restricting operations at Chinese-owned chipmaker Nexperia, The EU launches an anti-dumping investigation into robotic lawn mowers imported from China

Caixin Global

Tech Brief (Oct. 23): China Cracks Down on Smart Devices Over Data Violations

Huawei rolls out HarmonyOS 6 amid ecosystem expansion, Baidu strikes deal to launch robotaxi service in Switzerland

Caixin Global

Alibaba Just Scored a Major AI Win. Should You Buy BABA Stock Here?

Alibaba just secured a major AI customer, driving BABA stock higher this week. Should you buy, sell, or hold Alibaba stock right now?

Barchart

Will Alibaba's New Chip Finally Unseat Nvidia In China?

Alibaba Group Holding Ltd. (NYSE:BABA) is intensifying its challenge to U.S. technology leaders with the debut of a high-performance processor designed to rival Nvidia Corp.’s (NASDAQ:NVDA) H20 graphics chip, alongside an open-source artificial intelligence agent positioned against OpenAI’s Deep Research platform.

Benzinga

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What's Going On With Alibaba Shares Wednesday?

Alibaba Group Holding Limited (NYSE:BABA) shares are trading higher Wednesday after reports indicating the company secured China Unicom as a major client for its artificial intelligence (AI) chips.

Benzinga

Nvidia CEO Jensen Huang Says ‘That’s Fine’ as China Ramps Up AI Arms Race With NVDA Chip Ban

Nvidia slips as China ramps up its aggressions in the AI chip war, while Alibaba stock spikes after scoring a new data center deal with state-owned China Unicom.

Barchart

Alibaba And SMIC Power Beijing's Bid To End Reliance On Nvidia And ASML

Alibaba Group Holding Ltd. (NYSE:BABA) shares advanced in premarket trading Wednesday after reports that the company secured China Unicom as a major client for its artificial intelligence chips.

Benzinga

Former Telecom and Bank Executive Stands Trial for Taking $9 Million in Bribes

Li Guohua entered a guilty plea to charges of bribery and abuse of power

Caixin Global

Exclusive-China plans $500 million subsea internet cable to rival U.S.-backed project

Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to rival a similar U.S.-backed project, four people involved in the deal told Reuters. The plan is a sign that an intensifying tech war between Beijing and…

Reuters

Alibaba, Nio Fall Over 5%: Hang Seng Opens Weaker As Fed Stays Hawkish, China Asserts COVID-Zero Policy

Hong Kong shares opened in the red on Thursday, with the benchmark Hang Seng falling over 0.9% in morning trade, after the Federal Reserve’s anticipation of a higher bar for interest rates to rein in inflation

Benzinga

Which Chinese Firms Face Delisting From US Stock Exchanges?

Geopolitical tensions between China and the US have escalated in recent years amid efforts by both countries to become the world’s economic powerhouse.

Benzinga

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