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Consultancy Sullivan’s 2025 China Full-Stack AI Cloud Services report projects China’s IaaS, PaaS and MaaS market at 59.59 bln yuan in 2025; Alibaba Cloud Revenue is estimated at 23.9 bln yuan, implying a 40.1% market share.

2026-07-06

Consultancy Sullivan’s 2025 China Full-Stack AI Cloud Services report projects China’s IaaS, PaaS and MaaS market at 59.59 bln yuan in 2025; Alibaba Cloud Revenue is estimated at 23.9 bln yuan, implying a 40.1% market share.

Other News
2026-07-05

Craig Shapiro, senior macro strategist and cross-asset trader at Ninja Trader Live, says Fed chair Kevin Warsh sounded optimistic on growth—largely citing AI—while falling oil has pushed down inflation breakevens. Shapiro adds that although the bar f

Craig Shapiro, senior macro strategist and cross-asset trader at Ninja Trader Live, says Fed chair Kevin Warsh sounded optimistic on growth—largely citing AI—while falling oil has pushed down inflation breakevens. Shapiro adds that although the bar for further hikes may be higher than markets expect, the bar for cuts is even higher; with Warsh hinting that balance-sheet reduction may take longer, meaningful labor-market deterioration would likely be required to trigger easing. He cautions that if evidence of a labor slowdown mounts while the Fed delays policy easing amid still-elevated inflation, risk assets would likely come under pressure, making rotations from AI into higher-beta cyclical names or small caps harder and favoring defensive sectors and possibly gold.
2026-07-06

The ChiNext index rebounded after hitting a low, narrowing its losses to less than 1%, after previously falling by more than 2.8%. The Shenzhen Component Index is currently down 0.68%, and the Shanghai Composite Index is down 0.23%. The memory chip s

The ChiNext index rebounded after hitting a low, narrowing its losses to less than 1%, after previously falling by more than 2.8%. The Shenzhen Component Index is currently down 0.68%, and the Shanghai Composite Index is down 0.23%. The memory chip sector rallied.
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