Express News | Russian President Putin will pay a state visit to China.
The 'Token Factory' achieves real-world implementation: Operators initiate large-scale procurement worth tens of billions, while major companies accelerate their strategic positioning.
① Ningxia Branch of China Telecom released the centralized procurement project for the "Token Factory" generation capability service, marking the first large-scale procurement project named after the Token Factory among the three major telecom operators, valued at the billion-dollar level. ② The Token Factory is considered "the business model with the fastest short-term growth for model vendors and the most certain commercialization potential in its early stages." ③ Baidu recently announced that Baidu Intelligent Cloud will upgrade its "MaaS Model Service" to the "Token Factory."
Top-performing Hong Kong stocks this week | JETTAI Technology surged nearly 107% in its debut week; Jingxi International rose over 78% amid potential acquisition of its controlling stake by Luxshare Precision; Tianyue Advanced Materials gained more than 6
This week, the Hang Seng Index fell by a cumulative 1.63%, closing at 25,962.73 points; during the same period, the Hang Seng Tech Index dropped by a cumulative 3.17%, closing at 4,941.14 points; the H-share Index also declined by a cumulative 2.23% during the same period, closing at 8,691.03 points.
HSI Bull-Bear Street Ratio (73:27) | May 16
As of May 16, the latest bull-to-bear ratio for the Hang Seng Index stood at 73:27.
Wang Yi briefed the media on the outcomes and consensus reached during the meeting between the Chinese and U.S. heads of state: President Xi has accepted an invitation to visit the United States this autumn.
At the invitation of President ****, U.S. President Trump paid a state visit to China from May 13 to 15. On the 15th, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, briefed the media on the outcomes and consensuses reached during the meeting between the leaders of China and the United States.
Tech Sell-Off Batters Asian Stock Markets