Cointime

Download App
iOS & Android

JPMorgan Increases Stake in Zhongji Innolight H-Shares to Over 15%

According to Hong Kong Stock Exchange filings, JPMorgan's stake in Zhongji Innolight H-shares rose from 13.48% to 15.02% on August 4.

Comments

All Comments

Recommended for you

  • US Regulators Systematically Review Chinese AI Firms' Third-Country Computing Power Leasing

    August 7 news, according to Bloomberg, people familiar with the matter revealed that the U.S. government department responsible for investigating chip export control violations is reviewing Chinese AI companies' leasing of computing power in third countries to obtain Nvidia advanced chips.
  • Bernstein Raises SpaceX Target Price from $239 to $248

    August 7 news, Bernstein said it raised the target price for SpaceX (SPCX.O) from $239 to $248, raised the target price for Cloudflare (NET.N) from $136 to $164, and raised the target price for Lockheed Martin (LMT.N) from $614 to $629.
  • Spot Silver Surges 5% Intraday

    On August 7, spot silver surged 5.00% intraday, now quoted at $64.60 per ounce. Spot gold continued to hit a fresh high since June 18. (Jin10)
  • Trump: I Think We Will Win the Midterm Elections

    U.S. President Trump: Republican voters are angry at Republicans, not at me. I think we will win the midterm elections. (Jin10)
  • Google Moves AI Management Focus to California to Take on Anthropic and OpenAI

    August 7 news: Google is consolidating its artificial intelligence leadership team at its headquarters in Mountain View, California, in a bid to gain an edge in the increasingly fierce competition with Anthropic and OpenAI and build the world's most powerful AI model. Google's move to centralize its AI leadership aims to reverse the situation that has plagued the company since 2023. At that time, Google merged its two previously independently operated flagship labs: Google Brain, based at the company's Mountain View headquarters, and DeepMind, rooted in London. Although the two labs were unified under Google DeepMind, the research teams still worked on different continents. According to people familiar with the matter, this increased the difficulty of decision-making and frustrated talent in both locations. (Wall Street Journal)
  • Microsoft Provides $60 Million to U.S. Department of Energy to Boost AI Deployment in Nuclear Energy

    Microsoft announced multi-year funding support totaling $60 million to the U.S. Department of Energy's Genesis project. Under the plan, Microsoft will disburse $40 million in Azure compute and AI credits over three years, and invest $20 million in solution engineering and support services. In addition to funding, Microsoft is establishing a new coordination center called SPARK (Strategic Partnership for Advancing Research and Knowledge Science) to serve as the single entry point for collaboration between Genesis and Microsoft.
  • Trump: AI Could Be Even More Important Than Oil

    U.S. President Trump: (On artificial intelligence) This could be even more important than oil. Whoever wins AI, wins everything. That's how important it is. (Jin Shi)
  • Unitree Technology's Wang Xingxing: Company and DeepSeek to Focus on Cooperation in AGI, High-Performance General-Purpose Robots, and AI Large Models

    Unitree Technology held its online investor communication meeting for its initial public offering on the Science and Technology Innovation Board at Shanghai Securities News·China Securities Network and Shanghai Stock Exchange Roadshow Center. Wang Xingxing, Chairman, General Manager, and Chief Technology Officer of Unitree Technology, stated that according to the Strategic Cooperation Memorandum signed between Unitree Technology and DeepSeek, the two parties will carry out key cooperation in three areas: 'cooperative R&D for general artificial intelligence,' 'in-depth cooperation in high-performance general-purpose robots,' and 'in-depth cooperation in AI large models.'
  • Trump: Fed Rate Decisions Not Entirely Up to Walsh

    August 7 news, when asked whether Fed Chairman Kevin Warsh should avoid raising interest rates before the midterm elections, Trump said: 'It depends on him to some extent, but not entirely. He has a very political committee. It's not entirely up to him, but up to the committee. I think he is outstanding. I won't criticize him.' (Jin Shi)