Liam Mo

1 month ago | kfgo.com | Casey Hall |Liam Mo |Che Pan

By Casey Hall, Liam Mo and Che PanSHANGHAI/BEIJING (Reuters) -Spurring reluctant Chinese consumers to spend has been elevated to the top of Beijing’s to-do list for 2025, leap-frogging technology and industrial production, as lawmakers look to rectify imbalances in the world’s second-largest economy.

1 month ago | yahoo.com | Casey Hall |Liam Mo |Che Pan

By Casey Hall, Liam Mo and Che PanSHANGHAI/BEIJING (Reuters) -Spurring reluctant Chinese consumers to spend has been elevated to the top of Beijing's to-do list for 2025, leap-frogging technology and industrial production, as lawmakers look to rectify imbalances in the world's second-largest economy.

2 months ago | theprint.in | Anne Marie Roantree |Donny Kwok |Liam Mo

Investors and market players pay close attention to the presence of senior executives at such key meetings, where the absence of a corporate leader can trigger speculation over a company’s standing. Shares of Baidu slid as much as 8.8% before paring losses to close down 7%. Baidu, with its market value now at HK$252.05 billion ($32.4 billion), was the biggest loser on both the Hang Seng Index and Hang Seng Tech Index.

2 months ago | kfgo.com | Anne Marie Roantree |Donny Kwok |Liam Mo

HONG KONG (Reuters) – The Hong Kong shares of Baidu plunged on Monday, wiping $2.4 billion off its market value, after the founder of the Chinese search engine giant was not spotted at a rare meeting between President Xi Jinping and corporate leaders. Xi hosted a symposium in Beijing with the country’s top tycoons, including Alibaba founder Jack Ma and Huawei’s Ren Zhengfei, although two sources told Reuters there was no sign of Baidu’s founder, Robin Li, attending.

2 months ago | businesslive.co.za | Liam Mo |Brenda Goh

Beijing — Investment in data centres and cloud infrastructure is still needed despite DeepSeek challenging the cost efficiency of large AI models, Baidu CEO Robin Li said on Tuesday. “The investment in cloud infrastructure is still very much required. In order to come up with models that are smarter than everyone else, you have to use more compute,” Li told attendees at the World Government Summit in Dubai.