The iShares China Large-Cap ETF is up 11.4% and Alibaba Group, a proxy for Chinese stocks for U.S. investors, is up 43%.
The rise of China's DeepSeek AI model is boosting Chinese tech firms including Alibaba, Baidu, and Xiaomi.
Asian equities were mixed but mostly lower overnight as Korea and Japan outperformed and Hong Kong and Mainland China ...
The broader rally in Chinese tech stocks highlights how DeepSeek's cost-efficient model could spur developments in China's AI ...
Despite an initial knee-jerk reaction from markets, experts told CNBC that cheaper and more efficient AI models could ...
Key Takeaways The S&P 500 advanced 1.0% on Thursday, Feb. 13, as an executive order deferred the possible implementation of ...
Asian equities were mixed but mostly higher overnight as Hong Kong and Mainland China outperformed and Indonesia and the ...
Investors were digesting a busy week of tariff hikes and inflation updates, as fresh retail data and earnings reports rolled ...
Investors were digesting a busy week of tariff hikes and inflation updates, as fresh retail data and earnings reports rolled ...
China's chip stocks surged on Wednesday, with several continuing to rise and some hitting the highest levels since 2022.
Chinese technology stocks have surged since DeepSeek R1s launch in late January, boosting investor confidence in Chinas AI ...
GM, which took a $4 billion restructuring charge against its fourth-quarter earnings for China restructuring, will focus on Cadillac and Buick there.