DeepSeek’s AI Breakthrough Sparks Sell-Off in Big Tech Stocks
Investors sold off major technology stocks as China’s DeepSeek launched a low-cost AI assistant, challenging Western companies’ dominance in the sector.
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DeepSeek’s ‘Sputnik Moment’ Triggers Sell-Off in Major AI Stocks
Investors are selling shares in major AI companies like Nvidia and Oracle after Chinese startup DeepSeek launched a low-cost AI model, challenging Western dominance and triggering market uncertainties.
Real Estate Investors Optimistic on China’s Economic Prospects Amid Stimulus Measures
Real estate investors express optimism about China’s economy as the GDP grows 4.8% and new stimulus measures take effect, indicating a potential rebound in the world’s second-largest economy.
China’s CSRC Announces Mutual Fund Trading Fee Reforms Effective July 2024
China’s CSRC announces new regulations to standardize mutual fund trading fees, aiming to enhance transparency and protect investors. The rules take effect from July 1, 2024.