Shares of U.S.-listed Chinese companies are trading lower amid market liquidity concerns due to CXMT's IPO on Shanghai's STAR Market exchange. Other risk-off catalysts include threats from Moonshot AI's Kimi 3 model, a strong CNY rate fix by the PBOC and new a consumption tax on some previously exempted lithium battery products.

Gary Black Says Tesla Has Solved Unsupervised Autonomy, but Competition Is the Bigger Threat

Gary Black says Tesla has achieved unsupervised autonomy but warns competition and a stretched valuation could pressure its stock.

Baidu Announces Its Class A Ordinary Shares Traded In Hong Kong To Be Included In Shanghai-Hong Kong Stock Connect Program, Effective Sept. 7

Baidu, Inc. ("Baidu" or the "Company") (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), a leading AI company with strong Internet foundation, today announced that the Company's Class

Gary Black Warns Tesla Risks Falling Behind in the Self-Driving Race: ‘Unsupervised Autonomy Is Becoming Table Stakes’

Tesla risks falling behind in the self-driving race as competitors invest heavily in autonomous driving technology.

Anthropic Announces Claude Fable 5.1 And Mythos 5.1

Bilibili Inc. Announces Proposed Offerings of US$700 Million Convertible Senior Notes, Concurrent Equity Placement and Concurrent Share Repurchases

Bilibili announced a $700 million convertible senior notes offering due 2031, with $200 million subscribed by Tencent. The company plans to use proceeds for AI-driven growth initiatives, share repurchases ($100 million for delta repurchase and $200 million for Tencent shares), and general corporate purposes. The offerings are subject to shareholder approval at an extraordinary general meeting.

Bilibili Announced The Proposed Offerings Of $700M In Aggregate Principal Amount Of Convertible Senior Notes Due 2031, Subject To Market Conditions And Other Factors, Including $200M Of The Principal Amount Of The Notes Subscribed For In The Tencent Notes Subscription