❌

Reading view

Jio’s IPO seeks a tech multiple for old-school mobile business

India’s largest initial public offering (IPO) opens October 21, and investors in Tokyo, Singapore and Hong Kong are being asked a simple question: What is a Jio customer’s monthly bill worth? Jio Platforms, the Reliance-owned mobile carrier with some 524 million India-based customers, is selling 270 million new shares at 1,065 to 1,119 rupees each […]

The post Jio’s IPO seeks a tech multiple for old-school mobile business appeared first on Asia Times.

  •  

Why China is missing the big AI rally

TOKYO – China gave global investors one of 2026’s biggest AI thrills. Yet the country that helped ignite excitement about artificial intelligence is home to one of the worst-performing major stock markets. While AI fever has propelled Seoul, Taipei and Tokyo higher, Chinese shares are stuck in reverse.

So what gives? Several forces, actually. Weak household demand, for one. Consumer spending continues to disappoint, weighing on the earnings potential of mainland internet companies, automakers, and retailers.

To continue reading, please log in to your AT+ Premium account. Not yet a member? Please signup for AT+ Premium monthly membership, AT+ Premium yearly membership or AT+ Premium Access membership.

The post Why China is missing the big AI rally appeared first on Asia Times.

  •  
❌