AI Boost Leaves Chinese Stocks in Hong Kong Near October High

Chinese actions in Hong Kong have extended a recent gathering while the country’s growing capacities in artificial intelligence have strengthened optimism compared to market prospects, while potentially significant demonstration of private sector supported feeling an additional elevator. The Hang Seng China Enterprises index jumped 4.1% on Friday to reach the highest since February 2022 –…

Read More

The USDC is now from the major XRP book

Reading, United Kingdom, July 16, 2025 (Globe Newswire) – The USDC, the second largest stablecoin by market capitalization, is now officially supported on the XRP Ledger Mainnet, connecting the stablescoins regulated directly at its launch of XRP Ledger, which has dealt with more than 3.3 billion transactions since its launch in 2012. The encryption era…

Read More

Hong Kong SFC continues Crypto Outight, reveals dozens of new false platforms

In a major development concerning the security of cryptographic assets, the Securities and Futures Commission of Hong Kong (SFC) reported 33 new suspect websites wrongly pretending to be affiliated with Hashkey, a commercial platform of cryptocurrency approved in the region. This announcement Increases the number of hash imitators reported to 45. According to the SFC,…

Read More

Chinese AI companies make money

Tencent shows its various AI applications based on its Hynyuan model at the IA World Conference in Shanghai on July 26, 2025. CNBC | Evelyn Cheng This report comes from the edition of this week of The China Connection of CNBC, which brings you ideas and an analysis on what stimulates the second world economy….

Read More

MIT Says AI Can Replace 11.7% of US Workforce

AI systems can already perform tasks equivalent to 11.7% of the U.S. workforce, according to research of the Massachusetts Institute of Technology published Wednesday (November 26). That’s about $1.2 trillion in wages tied to potentially automatable work in finance, healthcare, and professional services. The estimate comes from MIT’s new labor analysis tool, the Iceberg Index,…

Read More