People & Policies Propel Markets Higher

China Last Night KraneShares Key News Asian equities were mixed as Mainland China and Hong Kong outperformed, Taiwan and South Korea posted small gains, while Japan, India and Thailand posted declines...

Bilibili Gets Connected As Bank Contagion Goes Global, Week In Review

China Last Night KraneShares Week in Review China’s “Two Sessions” meetings of the 14th National People’s Congress are set to conclude this weekend after an unsurprising week in which a GDP target of ...

JD Releases Q4 Financial Results

China Last Night KraneShares JD.com Q4 Earnings Overview JD.com (JD US, 9618 HK) announced Q4 financial results post-Hong Kong close/pre-US market open. We knew Q4 would be challenging as zero COVID’s...

Trip.com Financial Results Provide Important Insight Into China’s Reopening

China Last Night KraneShares Key News Asian equities were higher overnight, with China and Hong Kong underperforming. India was off for Holi, which celebrates the arrival of spring according to Google...

PMIs Smash Expectations Leading To A Three Standard Deviation Day In Hong Kong

China Last Night KraneShares Key News Asian equities were higher overnight with Hong Kong and Mainland China outperforming. Several Asian countries underperformed while South Korea was on holiday for ...

Tencent Wants to Develop AI-Backed Product Similar to ChatGPT

According to people familiar with the matter at Tencent, the company has set up a development team to work on a new project. Chinese conglomerate company Tencent Holdings has joined the growing list o...

Tencent To Offer Metaverse Building Services to Asian Markets

Join Our Telegram channel to stay up to date on breaking news coverage Tencent, a tech conglomerate from China, announced its all-new metaverse suite, an addition to its product portfolio called “meta...

Huawei Cloud and Tencent Cloud Announce Web3 Alliances

Huawei Cloud announced the launch of the Metaverse and Web 3.0 Alliance. It partners with Blockchain Solutions, Deepbrain Chain, Polygon, and Morpheus Labs. The Tencent Cloud also announced the launch...

US Dollar Strength & Political Rhetoric Weigh On Markets, Week In Review

China Last Night KraneShares Week in Review Asian equities were mostly lower this week, following US equities south as positive internet earnings, which kicked off this week, could not stem the market...

Tencent Cloud to Introduce New Products for Web3 Builders in Support of Greater Decentralized Tech Push

Tencent Cloud has expressed commitment to building, supporting, and growing the global Web3 community. Tencent Cloud recently announced its support for the global Web3 ecosystem development. The cloud...

Ankr partners with Tencent to provide the readymade blockchain to Web3 companies

Ankr recently announced entering a partnership with Tencent Cloud. The technology provider released an official tweet and post to inform users about the partnership. According to Ankr, the collaborati...

Tencent to Offer Metaverse-Building Services for Asian Markets – Metaverse Bitcoin News

Tencent, the Chinese software and tech company, has announced its metaverse suite of services designed to target Asian markets. The company revealed that it will revamp its media offering with its new...

Tencent Cloud signs multiple collaboration agreements with blockchain firms

Tencent Cloud has concluded multiple agreements with blockchain firms to support the active development of the Web3 ecosystem, the cloud computing branch of Chinese internet giant Tencent announced in...

ANKR Surges 51% Following Partnerships With Microsoft And Tencent

– Advertisement – DeFi protocol Ankr recently announced partnerships with Microsoft and Tencent.  The protocol’s native token ANKR has gained more than 48% following the partnerships. The ...

Tencent Cloud Partners With Key Crypto Platforms To Boost Web3 Adoption

10 hours ago | 2 mins read Blockchain News Tencent Cloud will be releasing Tencent Cloud Metaverse-in-a-Box products. The cloud subsidiary and Web3 infrastructure provider Ankr entered into an MoU. Th...

Tencent Cloud Dives Deeper into Web3 with New Partnerships

Tencent Cloud announced strategic collaborations with prominent companies in the crypto industry namely – Ankr, Avalanche, Scroll, and Sui – to support the development of the Web3 ecosystem. According...

Tencent Cloud Announces New Web3 Initiatives

Could China’s sentiment around crypto be a turning tide? A move from Tencent Cloud this week could certainly suggest so. An unexpected investment in web3-related tools will hit the market from Tencent...

Tencent Cloud enters Web3, strikes deals with Avalanche, Ankr

Tencent Holdings’ cloud service provider, Tencent Cloud, has announced its interest and entry into web3. Tencent Cloud enters web3 Tencent Cloud, a global cloud service provider of China’s leading int...

Tencent Partners With Ankr, Avalanche, Scroll, Sui For Web3 Development

Tencent Cloud, a subsidiary of technology company Tencent, announces to actively support Web3 developments and contribute to the sustainable development of the global Web3 community. The cloud service...

Tencent adds to its host of Web3 offerings

Ad Tencent, the Chinese multinational conglomerate headquartered in Shenzhen and owner of the popular everything app WeChat, hosted an event last week at the Fullerton Hotel in Singapore meant to draw...

Baidu Busts A Move With Strong Q4 Results And A Buyback, Peace Proposal Coming?

China Last Night KraneShares Key News Asian equity markets were ALL down after US equity markets fell and Treasury yields rose yesterday as risk markets are taking the Fed tightening seriously. The As...

Meta in Talks With Tencent to Target Chinese Metaverse Market

Facebook parent Meta is reportedly in talks with social media giant Tencent to distribute its Meta Quest VR headset in China after Tencent halted its metaverse plans. According to a Reuters report, Me...

Shanghai Breaks Out As “Competition Fears” & Strong Dollar Sink JD.com

China Last Night KraneShares Key News Asian equities were mixed overnight with Hong Kong underperforming on weakness in internet stocks. Worth pointing out that the Hang Seng and Hang Seng Tech gained...

Tencent terminates employees from Unit Metaverse; VR plan scrapped

The Chinese computing giant’s metaverse subsidiary is reportedly cutting costs. Tencent Holdings might be giving up on its plans to enter the virtual reality hardware market. Tencent, the maker of the...

Chinese Tech Giant Tencent Lays off 300 Staff From Metaverse Unit

Tencent has scrapped developing a specialized metaverse ring controller. The company’s interest in the field was reignited in 2021. Tencent one of the largest Chinese tech firms has laid off around 30...

Chinese Tech Giants Tencent and Bytedance Plan Cuts in Their Metaverse Divisions – Metaverse Bitcoin News

According to reports, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making some staff ...

Tencent to walk away from metaverse VR hardware

Due to the economic downturn, Chinese tech giant Tencent Holdings is reportedly ditching its plan to manufacture virtual reality (VR) gear and scaling back its recently assembled metaverse unit. Accor...

Bullard Bites The Bulls As Mester Messes With Risk On Sentiment, Week In Review

China Last Night KraneShares Week in Review It was another choppy week of trading for Asian equities as investors assess their risk tolerance considering the potential for two or more rate hikes from ...

Tencent latest tech giant to slash metaverse hardware plans: Reuters

Tencent became the latest tech giant to scale back its bet on the metaverse, as it rolled back plans to create virtual reality hardware, according to a Reuters report.  This translates as headco...

Declining Birthrate Policies Arrive As Hong Kong Internet Stocks Rise

China Last Night KraneShares Key News Asia equities were higher overnight as Hong Kong and South Korea outperformed, while Mainland China underperformed. Hong Kong internet stocks shook off yesterday’...

Investors Wait For US CPI & Internet Earnings

China Last Night KraneShares Key News Asian equities were mixed on light volumes in advance of today’s US CPI release as markets appear to have caught onto the Fed’s focus on inflation. Despite a stro...

Markets Higher As Investors Ignore Nena’s 99 Red Balloons

China Last Night KraneShares Key News Asian equities were largely lower overnight as China outperformed. Apologies for the 1980s hit song reference! Hong Kong-listed internet stocks rallied after US-l...