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Top related persons:
William Wu - 1 Shen Meng - 1
Top related locs:
Shanghai Beijing China Guangzhou Shenzhen
Top related orgs:
China Index Academy - 1 Beijing - 1 Daiwa - 1 Chanson - 1 CNBC - 1 CIA - 1

Search resuls for: "Shen Meng"


2 mentions found


☆ China's property stimulus raises optimism — but more steps are needed for a sectoral turnaround
  + stars: | 2024-10-09 | by ( Anniek Bao | In | ) www.cnbc.com   time to read: +2 min
China's property stimulus measures delivered a modest boost to the market, but they are not enough to turn around the troubled sector, according to analysts. Home sales ticked up in some cities during China's week-long holiday, as stimulus measures boosted homebuyers' sentiment, a report by research group China Index Academy showed. Average daily sales in Beijing jumped 81%, in terms of floor area, compared to the same holiday period the year before. Last year's Golden Week holiday was between Sept. 29 and Oct. 6. The average daily sales figure stood at 107,000 square meters this year, the report showed, against 177,000 square meters in 2021, 158,000 square meters in 2022, and 145,000 square meters in 2023.
Persons: William Wu, Shen Meng Organizations: China Index Academy, Beijing, Daiwa, Chanson, CNBC, CIA Locations: Shanghai, Beijing, China, Guangzhou, Shenzhen
☆ Here's how tech giants Microsoft, Google, and Baidu are dealing with ChatGPT, and what that could mean for investors
  + stars: | 2023-02-08 | by ( George Glover | ) www.businessinsider.com   time to read: +5 min
ChatGPT's viral success has caught the eye of big tech companies and investors. Microsoft is working to integrate the bot into its search engine, while Google is scrambling for alternatives. Major tech names like Microsoft, Google parent Alphabet, and Chinese tech giant Baidu have all taken steps in recent weeks to show they're trying to harness the technology underpinning OpenAI's ChatGPT. BaiduChinese search giant Baidu is also working on developing a rival to ChatGPT to use in its services. But analysts generally expect Baidu's bounce to prove short-lived – because so many of its competitors, including Microsoft and Google, are working on similar AI programs.
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