Tencent Holdings Ltd.’s Yuanbao AI chatbot passed DeepSeek to become the most downloaded iPhone app in China this week, highlighting the intensifying domestic competition.Most Read from BloombergCuts

There are times when markets are driven by fear, keeping most investors away from what could be a life-changing trade or investment only because the rest of the media and sentiment decided to stay away from it.

Asian equities were mixed overnight as Indonesia outperformed, Taiwan underperformed, and South Korea was closed for Independence Day.

Investing.com-- Tencent’s artificial intelligence assistant Yuanbao on Tuesday surpassed DeepSeek in downloads in Apple’s App Store in China, while also becoming the most downloaded free app on the store.

See how Tencent’s newest AI platform called Hunyuan Turbo S compared to top competitors, including DeepSeek-R1-Zero.

Could this be the start of accelerated AI development in China? Below, I unpack how the country has carefully built up the core components of its AI ecosystem to set itself up for success. Investing in academic and applied research The foundation of AI is research.

When you invest in Chinese stocks, the regulatory landscape in China and geopolitical tensions are going to be a big part of the story. Tariffs and export controls by the U.S. have been in play since Trump's first term and through former President Joe Biden's term, and have now ramped up even further in Trump's second term.

The AI bragging rights war heated up today as Chinese tech giant Tencent (TCEHY) released a new AI model which it said blew “slow thinking”

Q3 2024 results show solid growth with revenue up 8.1% YoY, and operating profit up 20.3% YoY. Read why I remain bullish on the stock.

The metaverse race is heating up in China. Just like Meta and Microsoft in the U.S., Chinese firms such as Baidu and Tencent are investing in the nascent industry, but strict tech regulations mean China’s virtual worlds are set to offer very different user experiences.

TENCENT Holdings’s Yuanbao artificial intelligence (AI) chatbot passed DeepSeek to become the most downloaded iPhone app in China this week, highlighting the intensifying domestic competition. Read more at The Business Times.