Reported October 15, 'DeepSeek offers user refunds after suffering another major outage' - SCMP
https://www.scmp.com/tech/big-tech/article/3371047/deepseek-offers-user-refunds-after-suffering-another-major-outage
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Shein loses nearly $75 billion from its peak valuation as shares plunge 10% in Hong Kong, raising fresh doubts over its U.S. listing.
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https://www.scmp.com/tech/big-tech/article/3371047/deepseek-offers-user-refunds-after-suffering-another-major-outage
The article compares Alibaba and Coupang as investment opportunities in 2026. Alibaba, despite facing regulatory uncertainty, AI spending pressures, and geopolitical risks, is recommended as the better buy due to its stronger profitability (10.1% net margin), attractive valuation (16.9x forward P/E), and double-digit AI cloud revenue growth. Coupang, while growing faster (14.1% YoY revenue growth), faces record regulatory fines, perjury investigations, and shareholder lawsuits with a thin 0.6% net margin, making it a riskier choice.
Apple is reportedly set to launch limited Apple Intelligence features in China in December after two years of delays.
Michael Burry buys BYD, JD.com and Tencent while shorting Nasdaq. 3 China ETFs offer exposure to his latest market bets.
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