Asia Tech Wire

ByteDance founder reportedly met with Musk last year

China welcomes X, provided it complies with local laws and regulations

2025.01.22

05:19

                            Trump to announce $100 billion private sector investment led by OpenAI, Softbank, and Oracle, ORCL, for AI infrastructure
                        
05:11

                            Barron Trump is launching his own luxury real estate company
                        
01:37

                            Donald Trump has halted foreign aid for 90 days
                        
01:34

                            A homebuyer needed to earn an annual income of at least $116,782 to afford a home at the end of 2024
                        
01:29

                            Meta is offering creators with large TikTok followings bonuses ranging from $10K to $50K per month to post videos on Instagram Reels before other platforms
                        
01:26

                            India’s government is prepared to work with Donald Trump’s administration to identify and take back all its citizens residing illegally in the US, estimated to be 18,000
                        
17:50

                            Changying Precision: Net profit is expected to increase by 716.78%-856.79% year-on-year in 2024
                        
                            Changying Precision announced that it expects net profit of 700 million to 820 million yuan in 2024, a year-on-year increase of 716.78% to 856.79%. The consumer electronics and new energy markets continued to recover and improve, and operating income in the reporting period reached a record high.
                        
17:44

                            Fibocom: AI toy large model solutions have not yet generated revenue
                        
                            Quectel issued an announcement on unusual stock price movements, stating that the company's recently launched AI toy large model solution is still in the early stages of layout and business expansion, and has not yet generated revenue. There is also a certain degree of uncertainty as to whether it can be successful in market applications and achieve good economic benefits in the future.
                        
17:43

                            The European Union will raise concerns with the United States about a decision to restrict exports of artificial intelligence chips from companies such as Nvidia Corp (NVDA.O) to some of its member states, according to people familiar with the matter.
                        
17:42

                            China Automobile Association: The top ten car manufacturers in terms of sales volume in 2024 will sell a total of 7.915 million vehicles
                        
                            According to statistics and analysis by the China Association of Automobile Manufacturers, the top ten car manufacturers will sell a total of 7.915 million vehicles in 2024, accounting for 68.7% of the total car sales. Among the above ten companies, compared with the same period last year, BYD Co., Ltd., Geely Automobile, SAIC-GM-Wuling, and FAW Group all saw double-digit growth in sales, Chery Automobile saw a slight increase in sales, and the sales of other companies declined to varying degrees.
                        
17:36

                            Will shares: Net profit is expected to increase by 467.88% to 503.88% year-on-year in 2024
                        
                            Weier shares announced that its net profit is expected to be 3.155 billion yuan to 3.355 billion yuan in 2024, a year-on-year increase of 467.88% to 503.88%; it is expected that the net profit attributable to the parent company's owners after deducting non-recurring gains and losses in 2024 will be 2.973 billion yuan to 3.173 billion yuan, a year-on-year increase of 2,054.23% to 2,199.15%; it is expected that the operating income in 2024 will be 25.408 billion yuan to 25.808 billion yuan, a year-on-year increase of 20.87% to 22.78%.
                        
17:33

                            Southbound funds made net purchases of 1.535 billion yuan today. In terms of Hong Kong Stock Connect (Shanghai), Tencent Holdings and SMIC received net purchases of HK$800 million and HK$662 million respectively; Xiaomi Group-W had the largest net sales of HK$177 million; in terms of Hong Kong Stock Connect (Shenzhen), SMIC and ZTE received net purchases of HK$200 million and HK$53 million respectively; Tencent Holdings had the largest net sales of HK$679 million.
                        
17:32

                            Popular Chinese stocks rose before the market opened, with Xpeng Motors up more than 7%
                        
                            Popular Chinese stocks rose before the market opened, with Xpeng Motors up 7.4%, Li Auto up 6.2%, JD.com up nearly 4%, and Pinduoduo up 2%.
                        
17:31

                            Popular Chinese stocks rose before the market opened, with Xpeng Motors (XPEV.N) up 7.4%, Li Auto (LI.O) up 6.2%, JD.com (JD.O) up nearly 4%, and Pinduoduo (PDD.O) up 2%.
                        
17:29

                            German Vice Chancellor and Economy Minister Habeck: Trump's tariff policy will push up inflation and exacerbate geopolitical divisions in the world.
                        
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