The CE 100 Index got a boost this week from China. The overall Index’s 2.2% rally came as two of our names — Pinduoduo and Tencent — soared double digit percentage points. Investor sentiment was buoyed as the the People’s Bank of China announced rate...
The banks fizzled this past week, marking the lone swath of red — measured in terms of declining stock prices — in the latest weekly reading of the CE 100 Index’s performance. Yet, the overall performance was positive, as the index itself was 3.8% higher....
Chinese tech giants are slashing prices on artificial intelligence (AI) models, and Silicon Valley is feeling the heat. The fierce competition, initially triggered by companies like Baidu in China, is reshaping the global AI landscape. As prices plummet, businesses worldwide could gain unprecedented access to...
Earnings were everywhere this past week, propelling the CE 100 Index 4.7% higher, and any losses seen among our names were negligible. In fact, most of those declining stocks slipped less than 1%, except Tencent, which was down double digits. Vroom shares rallied by nearly...
September 30, 2024
The CE 100 Index got a boost this week from China. The overall Index’s 2.2% rally came as two of our names — Pinduoduo and Tencent — soared double digit percentage points. Investor sentiment was buoyed as the the People’s Bank of China announced rate cuts and also a reduction to capital requirements in terms […]
September 16, 2024
The banks fizzled this past week, marking the lone swath of red — measured in terms of declining stock prices — in the latest weekly reading of the CE 100...
August 19, 2024
Earnings were everywhere this past week, propelling the CE 100 Index 4.7% higher, and any losses seen among our names were negligible. In fact, most of those declining stocks slipped...
May 20, 2024
The CE 100 Index gathered 1.6% in a week that saw nine of the 10 pillars gain ground. The lone pillar to decline was the Move segment, which gave up...
November 08, 2024
Visa and Tencent partnered to launch a pay-by-palm solution, first in Singapore and then in other markets. The collaboration brings together Tencent’s palm recognition technology and Visa’s payment token and other technology, the companies said in a Wednesday (Nov. 6) press release. The pay-by-palm service will start with a pilot program in Singapore that will […]
August 14, 2024
Tencent Holdings reportedly said it is in discussions with Apple about sharing revenue from its WeChat mini games. The remarks, made Wednesday (Aug. 14) during the company’s earnings call, confirm...
August 02, 2024
Apple is reportedly pressuring the makers of China’s most popular apps — WeChat and Douyin — to stop allowing in-app creators to steer users to payment systems outside the Apple...
June 19, 2024
Huawei is reportedly ready to let WeChat operate on Huawei’s mobile platform without sharing revenue. The deal, Bloomberg News reported Wednesday (June 19), would be a concession by the China-based...
