News & Insights Across Asia
DeepSeek’s launch of a low-cost AI model has jolted the global tech market, causing investors to offload shares in major AI companies as doubts arise over Western dominance in the sector.
Investors sold off major tech stocks as China’s DeepSeek launched a cost-effective AI model, challenging Western dominance and sparking a global reevaluation of AI investments.
China’s recent measures to open its financial markets are boosting two-way integration and internationalization of the RMB, offering new opportunities for global investors.
Chinese authorities have revised rules to ease restrictions on foreign investors’ strategic investments in listed companies, lowering capital requirements and introducing new investment options.
Foreign investment into the Chinese mainland is surging to levels unseen in decades, says Wayne Shiong of China Growth Capital, attributing the rise to new economic measures boosting market confidence.
China is actively reforming its investment and financing mechanisms to create a more favorable business environment. Provinces like Jiangsu and Liaoning are lowering barriers to attract private and global investors.
The IMF has raised China’s 2024 economic growth forecast to 5%, highlighting strong first-quarter data and policy measures. The upward revision signals confidence in China’s economic trajectory.
Elon Musk’s AI startup xAI raises $6 billion in funding to accelerate AI innovation, drawing significant global investor interest and highlighting the intensifying competition in the AI landscape.
China releases its first “China Financial Policy Report 2024”, highlighting major financial developments and advocating for a modern financial system tailored to its unique context.
Li Bing, head of Bloomberg Asia Pacific, highlights China’s continual market opening as a source of confidence for global investors, noting new developments annually.
Overseas investors increased their holdings of China’s domestic bonds by $41.6 billion in Q1 2024, signaling growing confidence in China’s economy and financial markets.
Tottenham Hotspur announces talks with prospective investors to capitalize on its long-term potential, following a revenue surge to £549.6 million. Chairman Daniel Levy seeks significant equity increase to invest in the team’s future growth.
Foreign investors are confident in China’s economic potential, increasing investments and operations. Despite challenges, experts highlight China’s strengths and growth prospects.
Despite global economic uncertainties and reports of declining foreign investment, China remains a major destination for foreign direct investment, reaffirming its appeal to global investors.