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.

Shenzhen, known as the “Capital of Technology” and the “City of the Future”, stands as a global innovation powerhouse driving the future of tech. Home to world-renowned tech giants such as Tencent, Huawei,

Chinese technology stocks advanced sharply on Friday, with Alibaba Group Holding Ltd. jumping 11.41% in Hong Kong trading, as investors responded to positive earnings guidance and anticipated monetary policy easing from Beijing.

President Donald Trump said tariffs on Canada, Mexico, and China will go into effect Tuesday. Trump is proposing an additional 10% tariff on Chinese imports. China vowed to respond. Chinese stocks struggled today after President Donald Trump said additional tariffs on Chinese imports are slated to go into effect Tuesday.

Alibaba, ByteDance, and Tencent are driving demand for NVIDIA H20 chips, fueling China’s AI boom despite U.S. export restrictions.

Nvidia's H20 chip gains traction in China amid AI demand surge, with Tencent, Alibaba, ByteDance leading orders. Discover how U.S.

Chinese tech giants Tencent, Alibaba, and ByteDance are ramping up orders for Nvidias (NASDAQ: NVDA) H20 AI chip due to soaring demand for DeepSeeks cost-efficient AI models, sources told Reuters. This surge

Tencent, Alibaba and ByteDance are said to have significantly increased orders of the H20 since DeepSeek gained global attention.

Alibaba, Tencent and other Chinese technology stocks surged Friday, lifting Hong Kong's Hang Seng Index to a near-three-year high. In the U.S. the Kraneshares CSI China Internet ETF, or KWEB, advanced.

Tencent's Yuanbao AI chatbot has overtaken DeepSeek as China's most downloaded iPhone app, intensifying the AI rivalry.