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Shawna Kwan

Verified
Hong Kong
As seen in: Bloomberg News, MSN, UOL, Bloomberg CityLab, El País, MSN Philippines, MSN Taiwan, The Economic Times, The Independent (UK), The Washington Post, Yahoo News and
Reporter at Bloomberg News @business Mostly writing about property. Views are my own
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Articles

Chinese AI boom sends Hong Kong data center prices soaring

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By Shawna Kwan Verified
| The Japan Times Verified
Chinese tech firms, from Bytedance to artificial intelligence startups, are driving demand for Hong Kong’s data centers, helping push lease prices up by nearly double this year. The AI boom, fueled in part by the success of DeepSeek, has prompted more Chinese firms to use Hong Kong as a springboard to test models and expand overseas.
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Fondos de cobertura sufren fuertes pérdidas por desplome de acciones ligadas a la IA

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By Shawna Kwan Verified, Hema Parmar Verified, Aaron Schwartz
| Bloomberg Línea Verified
Bloomberg — Una serie de fondos de cobertura de renombre registraron fuertes pérdidas en julio debido a la caída de las acciones del sector de la inteligencia artificial, lo que obligó, sobre todo, al fondo Situational Awareness,altamente apalancado, a vender la mayor parte de su cartera de acciones con un importante descuento a Citadel, de Ken Griffin.
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Hedge Funds Take Big Hit in July After Bruising AI Selloff

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By Shawna Kwan Verified, Hema Parmar Verified
| Yahoo Finance UK Verified
(Bloomberg) -- A spate of well-known hedge funds reported steep losses in July as AI shares tumbled, most notably forcing the highly leveraged Situational Awareness to sell most of its stock portfolio at a deep discount to Ken Griffin's Citadel. Most Read from Bloomberg Situational Awareness plunged 67% last month, and the fund offloaded most of its public equities book to meet margin calls. Investor concerns over the sustainability of massive corporate spending on AI also weighed on the sector.
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