Chinese mainland stocks advanced, led by optical communications and technology shares, as strong AI demand forecasts boosted sentiment. Hong Kong equities remained subdued amid concerns over weak consumption, rising AI spending and uncertain returns.
Chinese tech giant Tencent has turned its back on instant profits, betting that a new business unit that creates its own AI and embeds that in its products will pay off to a greater extent than cashing in on demand for computing resources. During the company’…
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Pegatron Corp. said in its second-quarter 2026 results that its server business posted strong gains and that it had already begun preparing for demand in the second half of 2026 while building inventory for the first half of 2027. The Taiwan-based electronics…
Pegatron reported its second-quarter 2026 results on the 12th, saying net profit attributable to the parent company rose more than 14-fold year-on-year as shipments of information products and consumer electronics strengthened. The Taiwan-based electronics ma…
