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Express News | The new national standard for Vehicle Networking security will officially be implemented starting April 1.
Hurun's list of the 50 most valuable AI companies in China ranks SenseTime (00020.HK) third with a value of 50 billion yuan.
The Hurun Research Institute released the "2024 Hurun China AI Enterprises Top 50", which includes 27 non-listed companies, with a threshold value of 6 billion yuan (RMB). The threshold for the top ten is a value of 22 billion yuan. Founded in 2016 and headquartered in Peking, the AI chip company Cambricon (688256.SH) ranks first with a value of 238 billion yuan. The intelligent voice company Iflytek Co.,ltd. (002230.SZ) ranks second with a value of 116 billion yuan. The Machine Vision and large model company SenseTime (00020.HK) ranks third with a value of 50 billion yuan. Peking and Shanghai.
Elon Musk Agrees That We've Exhausted AI Training Data
Hong Kong stock Concept tracking | The State-owned Assets Supervision and Administration Commission supports the vigorous development of AI. Under the "catfish effect," the AI Industry Chain is expected to remain highly prosperous (including Concept stock
Tan Zuojun stated that it is necessary to vigorously develop AI and promote the high-quality development of central enterprises.
State-owned Assets Supervision and Administration Commission: It is necessary to vigorously develop AI and accelerate the establishment of systems and mechanisms that adapt to AI development.
At the graduation ceremony of the special training class for AI held at the CHINA TELECOM Party School, Tan Zuojun, member of the Party Committee and Deputy Director of the State-owned Assets Supervision and Administration Commission of the State Council, stated that it is essential to vigorously develop AI to promote the high-quality development of central enterprises. Tan Zuojun emphasized the need to closely follow the latest developments in AI, actively embrace the AI wave, strengthen AI thinking, grasp development laws, and strive to become explorers, organizers, and promoters of AI development. The acceleration of AI application learning should be prioritized, with a deep focus on AI 'core technology', thoroughly implement the 'AI+' actions, strengthen AI empowerment across various industries, drive technological innovation, and make AI a strong engine for industrial upgrading and leapfrogging.
Baidu Inc. (BIDU) Stock Slides as Market Rises: Facts to Know Before You Trade
In the "Market Review", the Hang Seng Index experiences a "three-day decline", with smartphone stocks weak, and Xiaomi and Sunny Optical under pressure.
Hong Kong stocks declined moderately today. The USA reported that the number of job vacancies rose to a six-month high in November last year, and the ISM services PMI for December rose to 54.1, exceeding expectations. This led the market to lower its hopes for the Federal Reserve to cut interest rates in the future. The Dow Jones and Nasdaq fell by 0.4% and 1.9% respectively overnight. At the time of writing, the yield on USA 2-year Bonds is at 4.289%, and the yield on USA 10-year Bonds is at 4.679%. The US dollar index rose to 108.84, with Dow futures up 88 points or 0.21%, and Nasdaq futures recently up 0.2%. The onshore Renminbi fell by 42 points, reporting 7.3317 against the US dollar.
Hong Kong market quick look | Hong Kong stocks narrowed in losses in the afternoon, the Hang Seng Index fell nearly 1%; tech and Apple Supplier stocks declined, SUNNY OPTICAL dropped over 7%, Xiaomi fell nearly 4%; Weichai Power surged over 11%.
Network Technology stocks weakened, XIAOMI-W fell 3.95%, NTES-S rose 2.98%; Coal Industrial Concept stocks weakened, YANKUANG ENERGY fell 4.73%, KINETIC DEV fell 3.94%; Many Mobile Game stocks declined, INFINITIES TECH rose 10.00%, BOYAA fell 8.88%;
Where is the next AI Trade? Morgan Stanley: Discover Alpha from the 'AI Diffusion Rate'.
Analysts believe that the diffusion rate of AI will continue to drive excess returns, with the Software Sector potentially outperforming the Semiconductors Sector due to the widespread adoption of AI agents. As the diffusion rate increases, the Financial Sector may present significant trading opportunities similar to those of AI Electric Power.
Morgan Stanley's investment rating and target price for Chinese Network Technology stocks (table)
Morgan Stanley released a report stating that it has updated the investment ratings and Target Prices for Chinese Network Technology stocks: Stock │ Investment Rating │ Target Price Tencent (00700.HK) │ Shareholding │ HKD 570 Trip.com (TCOM.US) │ Shareholding │ USD 81 MEITUAN-W (03690.HK) │ Shareholding │ HKD 200 TONGCHENGTRAVEL (00780.HK) │ Shareholding │ HKD 25 NetEase (NTES.US) │ Shareholding │ USD 108 Full Truck (YMM.US) │ Shareholding │ USD 10 New Oriental (EDU.US) │ Shareholding │ USD 83 PDD Holdings
Taobao has launched a "Gift Giving" feature: the collection time limit is 24 hours, and the Spring Festival "Gift Giving War" is intensifying.
As the Spring Festival approaches, the major platforms have quietly kicked off the "gift-giving battle."
AI startups are driving a recovery in the USA venture capital market, with total financing in 2024 increasing by nearly 30% year-on-year.
According to data released by PitchBook on Tuesday (January 7), AI startups have played an important role in driving the recovery of the USA venture capital market from its low point, with total venture capital reaching 209 billion USD in 2024, an almost 30% year-on-year increase.
Ambarella Launches N1-655 Edge GenAI System-On-Chip (SoC) To Support Large-Language Models
Express News | Jiyue Autos announced that a maintenance and service working group with 50 members has been established, supported by Baidu and Geely.
Is there a vulnerability in Baidu search? The advertisement disappears when the search term includes "Li Yanhong"; the test results are in!
Sina Technology reported on January 7th in the afternoon that recently, a popular self-media account called Lanxi stated that Baidu's internal system may have set conditions preventing Li Yanhong's name from appearing alongside strange advertisements in search results. The accompanying image in the post shows that when searching on Baidu with the keywords 'drainage,' 'drainage-robin,' and 'drainage-Li Yanhong,' only the first keyword resulted in relevant advertisements. However, the account later posted again saying, 'I tested it again, and it seems to be an issue with the - character; what text follows does not matter.' Sina Technology conducted a practical test based on the aforementioned method.
Beijing VRV Software Corporation (300352.SZ): Currently, it has integrated excellent domestic large model AI products, such as Baidu Wenxin Yiyan, Alibaba Tongyi Qianwen, and others.
On January 7, Gelonghui reported that Beijing VRV Software Corporation (300352.SZ) stated on the investor interaction platform that the self-developed Xinyuan Mixin is a secure communication platform that has the capability to connect people to people, people to objects, and objects to objects. Xinyuan Mixin also has the capability to interface with intelligent conversational robots based on AI large models. Through the Mixin AI capability platform, it can enable dialogue and secure communication between robots and people. It has already integrated excellent domestic AI large model products such as Baidu Wenxin Yiyan, Alibaba Tongyi Qianwen, Zhizhi ChatGLM, Kimi, and Iflytek Co.,ltd. Spark large model.
Citi's investment ratings and target prices for Chinese Network Technology stocks (table).
Citigroup published a research report, listing the investment ratings and Target Prices for Chinese Network Technology stocks as follows: Stock | Investment Rating | Target Price (HKD) Alibaba-W (09988.HK) | Buy | 132 HKD MEITUAN-W (03690.HK) | Buy | 203 HKD TENCENT (00700.HK) | Buy | 573 HKD TONGCHENGTRAVEL (00780.HK) | Buy | 21 HKD ------------------------------------------------- Alibaba (BABA.US) | Buy | 1.
The number of monthly active users of Baidu Wenku AI has exceeded 90 million.
According to reports from domestic media, Baidu Group (09888.HK)(BIDU.US) has surpassed 90 million monthly active users for its Baidu Wenku AI function, making it the second largest in the Global, after ChatGPT's 0.31 billion. Baidu founder Robin Li recently published a letter to employees, revealing that the number of paid users for Baidu Wenku has exceeded 40 million.
After the USD dropped over 1%, it rebounded, and Trump denied the report of "tariff reduction."
Reports indicate that a tariff plan studied by Trump’s aides will target all countries but only cover key imported commodities, yet Trump denied on Social Media that the tariff policy would be reduced.
Express News | Trump: Reports regarding the imposition of general tariffs on key imported Commodities are inaccurate.