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Huawei has launched its Pura X smartphone, the first in its flagship series to run entirely on HarmonyOS Next, featuring an AI assistant capable of humanlike emotional interactions. The device, powered by Huawei's Pangu large language model and enhanced by DeepSeek's AI, marks a significant step in the company's efforts to reduce reliance on Android. As Huawei aims to expand its ecosystem, it has attracted major apps to its AppGallery, while its smartphone market share in China has seen a rise despite ongoing challenges in the global market.
U.S.-listed Chinese tech stocks rebounded after significant losses, with Alibaba rising 4% following a 10% drop. Despite concerns over U.S. investment restrictions and a potential crackdown on chip exports to China, UBS maintains an "attractive" outlook for the sector, citing improving fundamentals and AI innovation. Other companies like JD.com and Bilibili also saw gains, while ETFs tracking Chinese stocks performed positively amid ongoing U.S.-China tensions.
U.S.-listed Chinese tech stocks rebounded after significant losses, with Alibaba rising 4% following a steep decline. Despite concerns over U.S. investment curbs and potential chip export restrictions, UBS maintains an "attractive" outlook on China's internet sector, citing improving fundamentals and AI innovation. Other notable gains included JD.com, PDD Holdings, and Bilibili, while ETFs tracking Chinese tech also saw positive movement.
Deutsche Bank has lowered its price target for Yum China Holdings to $54.30 while maintaining a Buy rating, citing strong financial health and an attractive P/E ratio. The company is expected to benefit from recent menu price increases and effective cost control measures, with plans for significant shareholder returns and expansion through new store openings. Yum China's upcoming analyst briefing on February 6, 2025, will provide further insights into its financial performance and growth strategies.
Bilibili Inc.
Companies
| Symbol | BILI |
| Name | Bilibili Inc. |
| Currency | USD |
| Sector | Communication Services |
| IndustryGroup | Media & Entertainment |
| Industry | Interactive Media & Services |
| Market | NASDAQ Global Select |
| Country | China |
| State | |
| City | Shanghai |
| Zipcode | 200433 |
| Website | http://www.bilibili.com |
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
huawei launches pura x smartphone with harmonyos and emotional ai assistant
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