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U.S. Stock Market Moves | Popular Chinese ADRs Rise Broadly; Kingsoft Cloud (KC.US) and Li Auto (LI.US) Gain Over 7%
On Friday, the Nasdaq China Golden Dragon Index rose 2.47%, with most popular Chinese stocks listed in the U.S. posting gains; Kingsoft Cloud (KC.US) and Li Auto (LI.US) both climbed more than 7%.
Express News | The CPC Central Committee and the State Council: Fully implement the "AI Plus" initiative, strengthening the efficient provision of computing power, algorithms, data, and other resources.
The CPC Central Committee and the State Council have issued the "Opinions on Developing New‑Type Productive Forces." The document emphasizes the comprehensive implementation of the "AI Plus" initiative, promoting the transformation of traditional industries through artificial intelligence and accelerating the deployment of next‑generation smart terminals—such as intelligent connected new‑energy vehicles, AI‑enabled smartphones and computers, and humanoid robots—in real‑world applications. It calls for speeding up innovation in digital and intelligent technologies, including AI, breaking through fundamental theories and core technologies, and strengthening the efficient provision of computing power, algorithms, and data. Tailored to local conditions and sector‑specific needs, the plan calls for establishing national pilot test bases for AI‑driven industrial applications and high‑value use cases, while vigorously advancing AI adoption across various industries. Furthermore, it advocates building a system for technology monitoring, risk early warning, and emergency response to ensure that AI is safe, reliable, and controllable.
Huatai Securities' Forecast for Hang Seng Tech Index Inclusions: 10 New Additions Each in Market Cap and Growth Categories; Haizhi Technology (02706) Poised for Inclusion Amid Strong Revenue Growth
Compared with the consultation draft, the key adjustments address concerns raised in the consultation feedback regarding liquidity and revenue volatility for small-cap stocks in the growth segment: ①
Kingsoft Cloud Reports Stable Share Capital and Confirms Hong Kong Float Compliance for September 2026
Challenging NVIDIA's CUDA: DeepSeek Open-Sources Huawei Ascend Full Suite of Components
①DeepSeek has open-sourced a complete set of infrastructure components for Huawei's Ascend platform, which correspond one-to-one with the previously open-sourced components for NVIDIA's platform. ②To build a next-generation, independently controllable GPU software ecosystem, the first priority is to develop a general-purpose, easy-to-program high-level language that can also reach the hardware's performance ceiling. TileLang was born against this historical backdrop.
Benchmarking NVIDIA's CUDA! DeepSeek has open-sourced its Ascend‑based "AI Toolbox," with performance approaching the hardware's upper limit.
DeepSeek has announced the open-sourcing of its complete infrastructure components for Huawei's Ascend platform, including counterparts to…$NVIDIA (NVDA.US)$CUDA's TileLang programming language and