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Little Red Book

HANGZHOU, CHINA - SEPTEMBER 25, 2024 - Visitors visit the stand of Little Red Book at an exhibition in Hangzhou, Zhejiang province, China, Sept 25, 2024.

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Little Red Book

HANGZHOU, CHINA - SEPTEMBER 25, 2024 - Visitors visit the stand of Little Red Book at an exhibition in Hangzhou, Zhejiang province, China, Sept 25, 2024.

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Little Red Book

HANGZHOU, CHINA - SEPTEMBER 25, 2024 - Visitors visit the stand of Little Red Book at an exhibition in Hangzhou, Zhejiang province, China, Sept 25, 2024.

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Little Red Book

HANGZHOU, CHINA - SEPTEMBER 25, 2024 - Visitors visit the stand of Little Red Book at an exhibition in Hangzhou, Zhejiang province, China, Sept 25, 2024.

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Little Red Book

HANGZHOU, CHINA - SEPTEMBER 25, 2024 - Visitors visit the stand of Little Red Book at an exhibition in Hangzhou, Zhejiang province, China, Sept 25, 2024.

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Little Red Book

HANGZHOU, CHINA - SEPTEMBER 25, 2024 - Visitors visit the stand of Little Red Book at an exhibition in Hangzhou, Zhejiang province, China, Sept 25, 2024.

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Little Red Book

HANGZHOU, CHINA - SEPTEMBER 25, 2024 - Visitors visit the stand of Little Red Book at an exhibition in Hangzhou, Zhejiang province, China, Sept 25, 2024.

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Little Red Book

HANGZHOU, CHINA - SEPTEMBER 25, 2024 - Visitors visit the stand of Little Red Book at an exhibition in Hangzhou, Zhejiang province, China, Sept 25, 2024.

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Kamala Harris Thrust Into Spotlight As Biden Bows Out

File photo - U.S. Vice President Kamala Harris speaks about the Property Appraisal and Valuation Equity (PAVE) report in the Eisenhower Executive Office Building in Washington, D.C., U.S., on Wednesday, March 23, 2022. The PAVE task force today released an action plan that represents wide-ranging sets of reforms to advance equity in the home appraisal process the White House announced. President Biden announced he was suspending his re-election campaign and putting his faith in Harris. Within hours, the vice-president confirmed her own bid for the White House. “I will do everything in my power to unite the Democratic party, and unite our nation, to defeat Donald Trump,” Harris said. “We have 107 days until Election Day. Together, we will fight. And together, we will win." Photo by Samuel Corum/Pool/ABACAPRESS.COM

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Investors should consider non-U.S. stocks, including Chinese equities, says U.S. veteran investor

STORY: Investors should consider non-U.S. stocks, including Chinese equities, says U.S. veteran investor SHOOTING TIME: Dec. 18, 2023 DATELINE: Dec. 19, 2023 LENGTH: 00:02:01 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of stock exchanges in China 2. SOUNDBITE 1 (English): BRENDAN AHERN, Chief investment officer with Krane Funds Advisors 3. SOUNDBITE 2 (English): BRENDAN AHERN, Chief investment officer with Krane Funds Advisors 4. various of U.S. and China STORYLINE: Investors should consider non-U.S. stocks, including Chinese equities, given such factors as a rebalancing effect in global equity markets, low valuation in Chinese stocks, and resilience in the Chinese economy, according to a senior U.S. strategist. SOUNDBITE 1 (English): BRENDAN AHERN, Chief investment officer with Krane Funds Advisors "One of the potential catalysts for Chinese equities is simply a weaker U.S. dollar. For many foreign investors, if the U.S. dollar does weaken, that will hurt their returns, and so they m

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows the three co-founders of Mistral AI, Timothee Lacroix, Arthur Mensch and Guillaume Lample pose during a photo session in Paris, France on September 15, 2023. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows the three co-founders of Mistral AI, Timothee Lacroix, Arthur Mensch and Guillaume Lample pose during a photo session in Paris, France on September 15, 2023. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows the three co-founders of Mistral AI, Timothee Lacroix, Arthur Mensch and Guillaume Lample pose during a photo session in Paris, France on September 15, 2023. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows the three co-founders of Mistral AI, Timothee Lacroix, Arthur Mensch and Guillaume Lample pose during a photo session in Paris, France on September 15, 2023. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows co-founder of Mistral AI, Timothee Lacroix, poses during a photo session in Paris, France. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows the three co-founders of Mistral AI, Timothee Lacroix, Arthur Mensch and Guillaume Lample pose during a photo session in Paris, France on September 15, 2023. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

French co-founder of Mistral AI, Timothee Lacroix, poses during a photo session in Paris, France on September 15, 2023. The French start-up Mistral AI has just launched its generative artificial intelligence in open source, after raising 100 million euros. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows co-founder of Mistral AI, Arthur Mensch poses during a photo session in Paris, France. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows co-founders of Mistral AI Timothee Lacroix and Arthur Mensch pose during a photo session in Paris, France on September 15, 2023. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows the three co-founders of Mistral AI, Timothee Lacroix, Arthur Mensch and Guillaume Lample pose during a photo session in Paris, France on September 15, 2023. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows co-founder of Mistral AI, Guillaume Lample poses during a photo session in Paris, France. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated November 17, 2023 shows Co-founder and CEO of Mistral AI Arthur Mensch speaks to the audience during Europe's leading conference on artificial intelligence ai-PULSE in Paris, France. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Firas Abdullah/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows co-founder of Mistral AI, Guillaume Lample poses during a photo session in Paris, France. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated November 17, 2023 shows Co-founder and CEO of Mistral AI Arthur Mensch speaks to the audience during Europe's leading conference on artificial intelligence ai-PULSE in Paris, France. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Firas Abdullah/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated November 17, 2023 shows Co-founder and CEO of Mistral AI Arthur Mensch speaks to the audience during Europe's leading conference on artificial intelligence ai-PULSE in Paris, France. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Firas Abdullah/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows the three co-founders of Mistral AI, Timothee Lacroix, Arthur Mensch and Guillaume Lample pose during a photo session in Paris, France on September 15, 2023. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows co-founder of Mistral AI, Arthur Mensch poses during a photo session in Paris, France. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated September 15, 2023 shows co-founder of Mistral AI, Guillaume Lample poses during a photo session in Paris, France. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Khanh Renaud/ABACAPRESS.COM

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French AI Start-Up Mistral Secures € 2bn Valuation

Photo dated November 17, 2023 shows Co-founder and CEO of Mistral AI Arthur Mensch speaks to the audience during Europe's leading conference on artificial intelligence ai-PULSE in Paris, France. Mistral AI, a Paris start-up founded seven months ago by researchers from Meta and Google, has raised 385 million euros, or about $ 415 million, in yet another sign of feverish interest in a new kind of artificial intelligence that drives online chatbots. The deal values the 22-person company at about $ 2 billion, two people familiar with the deal said. Investors include the Silicon Valley venture capital firms Andreessen Horowitz and Lightspeed Venture Partners. The start-up’s value has increased more than sevenfold in just six months. In the summer, it raised a seed funding round of € 105 million (about $ 113 million) that valued the company at about $ 260 million. Photo by Firas Abdullah/ABACAPRESS.COM

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Huawei Apple Smart Phone

SHANGHAI, CHINA - AUGUST 24, 2023 - The Huwei and Apple flagship stores are seen in Shanghai, China, August 24, 2023. On September 12, 2023, after the release of Apple's IPHONE 15 smartphone, the stock price fell 1.71% at the close of the US stock market, and the market value disappeared by more than 47 billion US dollars. Hedge Fund Satori Fund has published a paper arguing that Apple's high stock valuation is not recommended for long-term investors, and that the company will face increased competition given Huawei's breakthrough in its new Mate60 Pro smartphone technology.

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Huawei Apple Smart Phone

SHANGHAI, CHINA - AUGUST 24, 2023 - Customers shop at Huawei's flagship store in Shanghai, China, August 24, 2023. On September 12, 2023, after the release of Apple's IPHONE 15 smartphone, the stock price fell 1.71% at the close of the US stock market, and the market value disappeared by more than 47 billion US dollars. Hedge Fund Satori Fund has published a paper arguing that Apple's high stock valuation is not recommended for long-term investors, and that the company will face increased competition given Huawei's breakthrough in its new Mate60 Pro smartphone technology.

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Huawei Apple Smart Phone

SHANGHAI, CHINA - AUGUST 24, 2023 - The Huawei flagship store in Shanghai, China, August 24, 2023. On September 12, 2023, after the release of Apple's IPHONE 15 smartphone, the stock price fell 1.71% at the close of the US stock market, and the market value disappeared by more than 47 billion US dollars. Hedge Fund Satori Fund has published a paper arguing that Apple's high stock valuation is not recommended for long-term investors, and that the company will face increased competition given Huawei's breakthrough in its new Mate60 Pro smartphone technology.

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Huawei Apple Smart Phone

SHANGHAI, CHINA - AUGUST 24, 2023 - The Huawei flagship store in Shanghai, China, August 24, 2023. On September 12, 2023, after the release of Apple's IPHONE 15 smartphone, the stock price fell 1.71% at the close of the US stock market, and the market value disappeared by more than 47 billion US dollars. Hedge Fund Satori Fund has published a paper arguing that Apple's high stock valuation is not recommended for long-term investors, and that the company will face increased competition given Huawei's breakthrough in its new Mate60 Pro smartphone technology.

E

Huawei Apple Smart Phone

SHANGHAI, CHINA - AUGUST 24, 2023 - Customers shop at Huawei's flagship store in Shanghai, China, August 24, 2023. On September 12, 2023, after the release of Apple's IPHONE 15 smartphone, the stock price fell 1.71% at the close of the US stock market, and the market value disappeared by more than 47 billion US dollars. Hedge Fund Satori Fund has published a paper arguing that Apple's high stock valuation is not recommended for long-term investors, and that the company will face increased competition given Huawei's breakthrough in its new Mate60 Pro smartphone technology.

E

Huawei Apple Smart Phone

SHANGHAI, CHINA - AUGUST 24, 2023 - Customers shop at the Apple flagship store in Shanghai, China, August 24, 2023. On September 12, 2023, after the release of Apple's IPHONE 15 smartphone, the stock price fell 1.71% at the close of the US stock market, and the market value disappeared by more than 47 billion US dollars. Hedge Fund Satori Fund has published a paper arguing that Apple's high stock valuation is not recommended for long-term investors, and that the company will face increased competition given Huawei's breakthrough in its new Mate60 Pro smartphone technology.

E

Huawei Apple Smart Phone

SHANGHAI, CHINA - AUGUST 24, 2023 - The Apple flagship store in Shanghai, China, August 24, 2023. On September 12, 2023, after the release of Apple's IPHONE 15 smartphone, the stock price fell 1.71% at the close of the US stock market, and the market value disappeared by more than 47 billion US dollars. Hedge Fund Satori Fund has published a paper arguing that Apple's high stock valuation is not recommended for long-term investors, and that the company will face increased competition given Huawei's breakthrough in its new Mate60 Pro smartphone technology.

E

Huawei Apple Smart Phone

SHANGHAI, CHINA - AUGUST 24, 2023 - Customers shop at the Apple flagship store in Shanghai, China, August 24, 2023. On September 12, 2023, after the release of Apple's IPHONE 15 smartphone, the stock price fell 1.71% at the close of the US stock market, and the market value disappeared by more than 47 billion US dollars. Hedge Fund Satori Fund has published a paper arguing that Apple's high stock valuation is not recommended for long-term investors, and that the company will face increased competition given Huawei's breakthrough in its new Mate60 Pro smartphone technology.

E

Huawei Apple Smart Phone

SHANGHAI, CHINA - AUGUST 24, 2023 - Customers shop at the Apple flagship store in Shanghai, China, August 24, 2023. On September 12, 2023, after the release of Apple's IPHONE 15 smartphone, the stock price fell 1.71% at the close of the US stock market, and the market value disappeared by more than 47 billion US dollars. Hedge Fund Satori Fund has published a paper arguing that Apple's high stock valuation is not recommended for long-term investors, and that the company will face increased competition given Huawei's breakthrough in its new Mate60 Pro smartphone technology.

E

Huawei Apple Smart Phone

SHANGHAI, CHINA - AUGUST 24, 2023 - The Apple flagship store in Shanghai, China, August 24, 2023. On September 12, 2023, after the release of Apple's IPHONE 15 smartphone, the stock price fell 1.71% at the close of the US stock market, and the market value disappeared by more than 47 billion US dollars. Hedge Fund Satori Fund has published a paper arguing that Apple's high stock valuation is not recommended for long-term investors, and that the company will face increased competition given Huawei's breakthrough in its new Mate60 Pro smartphone technology.

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Aso holds phone talks with Geithner

TOKYO, Japan - Japanese Finance Minister Taro Aso (C) answers reporters' questions at the ministry in Tokyo on Dec. 28, 2012, after holding a 30-minute phone conversation with U.S. Treasury Secretary Timothy Geithner. Aso said he had asked Geithner to address uncertainty over U.S. fiscal policy, while acknowledging the over-valuation of the yen has been correcting recently.

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Panasonic may mark over 300 bil. yen in FY 2008 group net loss

OSAKA, Japan - Photo taken on Jan. 28, 2009, shows the headquarters of Panasonic Corp. in Osaka. Panasonic is expected to report more than 300 billion yen in consolidated net loss in the business year through March due chiefly to additional outlays needed to streamline its manufacturing operations and valuation losses on its stock holdings, sources familiar with the matter said Feb. 1.

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NTT plunges into red

TOKYO, Japan - Nippon Telegraph and Telephone Corp. (NTT) President Junichiro Miyazu (C) speaks at a news conference Nov. 22, 2001 on the telecom carrier's financial statement for the fiscal first half ended Sept. 30. NTT suffered a group net loss of 261.33 billion yen as it posted huge valuation losses on its acquisitions of overseas telecommunications companies.

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Chinese FM spokesperson on IMF's lifting of RMB weighting in SDR currency basket

STORY: Chinese FM spokesperson on IMF's lifting of RMB weighting in SDR currency basket DATELINE: May 17, 2022 LENGTH: 0:01:09 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (Chinese/English interpretation): WANG WENBIN, Chinese Foreign Ministry spokesperson STORYLINE: The International Monetary Fund's (IMF) lifting of the RMB's weighting in the SDR currency basket, will help to further enhance the Chinese RMB's status as an international reserve currency and increase the appeal of RMB assets, said a Chinese Foreign Ministry spokesperson. SOUNDBITE (Chinese/English interpretation): WANG WENBIN, Chinese Foreign Ministry spokesperson "The Executive Board of the International Monetary Fund (IMF) completed its quinquennial SDR valuation review a few days ago. The current composition was maintained with a higher weight for the Chinese renminbi. This is a high recognition from the international community of China's achievement in reform, opening-up and socioeconomic development. It will help to furt

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NTT plunges into red

TOKYO, Japan - Nippon Telegraph and Telephone Corp. (NTT) President Junichiro Miyazu (C) speaks at a news conference Nov. 22, 2001 on the telecom carrier's financial statement for the fiscal first half ended Sept. 30. NTT suffered a group net loss of 261.33 billion yen as it posted huge valuation losses on its acquisitions of overseas telecommunications companies.

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Panasonic may mark over 300 bil. yen in FY 2008 group net loss

OSAKA, Japan - Photo taken on Jan. 28, 2009, shows the headquarters of Panasonic Corp. in Osaka. Panasonic is expected to report more than 300 billion yen in consolidated net loss in the business year through March due chiefly to additional outlays needed to streamline its manufacturing operations and valuation losses on its stock holdings, sources familiar with the matter said Feb. 1. (Kyodo)