'Investors are not pushing back on AI spending itself, but on the lack of near-term visibility on monetisation,' Bloomberg Intelligence analystCatherine Lim said ... .
Hang Seng Index drops amid the Alibaba, Tencent, Xiaomi sell-off ... Similarly, Tencent stock fell to $506 in Hong Kong, down by 25% from its highest point in 2025 ... Alibaba and Tencent stocks have plunged ...
Baidu joins the Chinese cloud price rise party. Two more Chinese cloud giants have signalled price rises for their services, again due to the impact of AI on their supply chains ... .
Pre-orders officially began at 13.00 on March 19 across TencentMusicEntertainmentGroup's three major platforms ... Pre-orders are now open across Tencent Music ... SOURCE Tencent Music Entertainment Group.
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OpenClaw, an open-source artificial intelligence (AI) agent formerly known as Moltbot and Clawdbot, has gone viral in China in recent weeks, partly boosted by promotional campaigns from Tencent and Alibaba.