Key Factors
- As China gears up for a reopening from zero-Covid, this is how five startups claimed they did in 2022.
Five Chinese startups that survived a difficult yr of Covid lockdowns
Finance
China to bolster consumption, tech development as U.S. tensions simmer
Key Points China on Thursday wrapped up a four-day meeting that laid out broad development priorities for the next five years. Analysts noted a significant change in Beijing’s emphasis on consumption, while adhering to plans for boosting tech self-reliance and manufacturing. The gathering comes as tensions between China and the U.S. have escalated. Source
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Finance
Stocks making the biggest moves premarket: IonQ, Molina Healthcare, Tesla, Hasbro, Beyond Meat, IBM
Check out the companies making headlines before the bell on Thursday. Quantum computing stocks — Quantum computing shares jumped on a Wall Street Journal report that U.S. President Donald Trump’s administration is in talks to acquire equity stakes in several quantum computing firms. Rigetti Computing is up 8%, while IonQ and Quantum Computing rose nearly […]
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Finance
China’s property slump is far from bottoming. But Beijing is prioritizing tech growth
Key Points Chinese policymakers will likely focus more on tech development than real estate as tensions with the U.S. escalate. “The government believes the property market is bottoming,” said Zhu Ning, author of “China’s Guaranteed Bubble.” But he believes “it is a gradual process and may take more time before reaching the bottom.” Source
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