Alibaba Stock Surges After AI Deal With Apple. Here’s Why China Tech Is Booming.
Apple sales have been struggling in China–iPhone revenue slumped 25% there in the fourth quarter–as the trade wars between the two biggest economies heated up.
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China’s tech stocks enter bull market on DeepSeek’s account
China tech stocks have entered a bull market thanks to DeepSeek’s AI innovation. The Hang Seng Tech index, which tracks the 30 biggest tech companies listed in Hong Kong, went up by 25%. According to ...