Insights

DeepSeek V4 has clear advantages, but it also shows why no AI model can serve every use case yet.

The AI boom is lifting stocks to record highs, while the Strait of Hormuz closure is pushing up oil prices.

Market constraints still limit its ability to match the scale of global luxury leaders.

Imports from Singapore and Malaysia hit record highs as Chinese players’ earnings surge.

Strong sales did not prevent the studio’s closure, underscoring the fragility of China’s game ecosystem.

MiniMax and Zhipu, part of the cohort, have already entered the public markets.

The country produces nearly half of global tea output, yet much is still exported as bulk raw material.

Transparency reforms address MSCI’s concerns, but execution and investor confidence remain critical.