Ruixin International Delays Key Circular as Trading Suspension Persists

TipRanksMay 15 18:52

AI concept stocks in the Hong Kong stock market performed strongly, with Alibaba's share price surging after its earnings release. 'Not a single card is empty!' Major tech companies are further accelerating their AI capital expenditures. Tencent and Aliba

①Tencent's capital expenditure in the first quarter was RMB 31.94 billion, a year-on-year increase of 16%; ②Wu Yongming stated that Alibaba’s substantial investment in AI data centers has a very certain return on investment; ③Huaxi Securities pointed out that the market pricing focus has shifted from单纯的capital expenditure expansion to a phase where order certainty, profit realization, cash flow pressure, and return on investment are becoming more sensitive factors.

cls.cnMay 14 09:19

Morgan Stanley 2026 Semiconductor Report: Buy Packaging, Buy Testing, Buy Chinese Chips, Avoid Traditional Tracks

Source: Morgan Stanley Greater China Semiconductors Research Report Date: May 8, 2026 I. Core Contradiction Global AI capital expenditure is expanding beyond expectations, but computing power supply is evolving from "NVIDIA monopolizing everything" to a three-track parallel model of "GPU + ASIC + locally-produced Chinese chips." The core issue is no longer whether demand is sufficient, but who can capture market share in this expansion phase and how quickly non-AI semiconductors will be marginalized during this process. II. Core Conclusions (By Trading

PANewsMay 12 14:17

Goldman Sachs: To determine whether there is a bubble in AI, one must first consider how many years GPUs will remain usable.

Regarding whether this wave of AI enthusiasm is a bubble or not, there has been incessant debate over the past two years. However, before repeatedly discussing 'whether this money is being well spent,' we seem to have tacitly accepted a premise: that this amount of money is a roughly fixed figure. However, a recent report by Goldman Sachs suggests that this premise may not hold true. Recently, Goldman Sachs Global Research released a report titled 'Tracking Trillions,' using NVIDIA's forward-looking data center revenue as an anchor point to estimate global AI infrastructure cumulative investments from 2026 to 2031.

DeepTechMay 11 13:42

ByteDance doubles down! Global AI capital expenditure continues to rise, and computing power enters full-chain inflation.

①ByteDance plans to increase its capital expenditure this year by 25% compared to its initial plan. ②DouBao's initiation of paid testing has been evaluated by multiple brokerages as a "milestone event," validating the current scarcity of computing power resources while also marking the preliminary stage of AI entering commercial monetization. ③Brokerages indicate that the golden era of domestic computing power has begun, and in the context of supply shortages, accessible computing power itself represents the most core asset.

cls.cnMay 10 12:23

Report: ByteDance plans to increase AI infrastructure spending by 25%.

Splashing over 200 billion yuan! ByteDance significantly increases its AI budget, doubling down on domestic chips and global infrastructure. Although the scale of investment still lags behind U.S. tech giants, China's AI sector is making strong headway within a unique collaborative ecosystem, with its robust catching-up momentum already causing deep concerns among Silicon Valley experts.

wallstreetcnMay 9 19:35