Baidu’s semiconductor unit Kunlunxin files for Hong Kong listing amid AI chip boom in China

Baidu’s semiconductor unit Kunlunxin files for Hong Kong listing amid AI chip boom in China

A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Chinese tech giant Baidu plans to spin off its artificial intelligence chip subsidiary, Kunlunxin, and list it in Hong … Read more

South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%

South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%

Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Shares of South Korean auto companies rose Tuesday after U.S. Secretary of Commerce Howard Lutnick confirmed that lower U.S. auto tariffs of 15% on South Korea would retrospectively come into effect, starting Nov. 1. “We … Read more

Baidu is emerging as a major AI chip player in China to fill the Nvidia gap

Baidu is emerging as a major AI chip player in China to fill the Nvidia gap

A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Tech giant Baidu is emerging as one of China’s key artificial intelligence chip players, positioning itself as a challenger … Read more

Chinese giants rush to pledge millions after Hong Kong’s deadliest fire since 1948 kills 55

Chinese giants rush to pledge millions after Hong Kong’s deadliest fire since 1948 kills 55

Firefighters walk near residential buildings that continue to burn at Wang Fuk Court in the Tai Po district on Nov. 27, 2025 in Hong Kong, China. Isaac Lawrence | Getty Images News | Getty Images Chinese private firms pledged tens of millions of dollars to support rescue and relief efforts after a deadly residential fire … Read more

This S&P 500 level is the one to watch in a short trading week, pro trader says

This S&P 500 level is the one to watch in a short trading week, pro trader says

(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) The S & P 500 will have to hold a key level at 6,550 for an auspicious start to December, according to New York Stock Exchange insider Jay … Read more

Alibaba is helping Chinese military to target U.S., White House memo claims: FT

Alibaba is helping Chinese military to target U.S., White House memo claims: FT

BEIJING — Alibaba is helping the Chinese military to target the U.S., according to a White House memo, the Financial Times reported Friday. The memo alleged “Alibaba provides tech support for Chinese military ‘operations’ against targets in the U.S.,” according to the FT. The FT said it could not independently verify the claims, and did … Read more