hello elmat, weekend connecting the dots of old and new news, and coffee house speculations ...
(1) rumour has it that BABA might be enticed to do secondary listing on HKEX, and should such be realised, the round-&-round 24/6 trading of its prospects between HKEX and NYEX should generate quite a bit of frictional heat-loss to HKEX (0388.hk) as it had been to NYSE. In such a win-win reform, the math could be material even for those not appreciative of math, that ... i quote self
- HKEX daily trading volume of all shares is something like 20 billion USD, by historical evidence - the trading on NYSE in baba is around 4 billion USD, by evidence of history - BABA doing secondary listing or simpler still, just redomicile should team USA authorities see fit to kick BABA into the cold on national security grounds, could move a dial for the greater good, and enable much goodness to little HK
(2) let us see if comrade ma carries through w/ his telegraphed intention finance.yahoo.com "Alibaba will 'seriously consider' Hong Kong listing, says founder Ma"
i confess, as easily as usual, for one who strives to learn, that i neither know about BABA nor understand how effective its profit model is, but a prospect 20% increase to bottom line of HKEX would be meaningful, while waiting for the saudis to decide where to seek second listing of Aramco
(3) then there is always the eventual listing of Huawei, that which is not welcomed anywhere, according to you, and so must be embraced by HK
(4) of course am wondering what might happen as the wrinkles are worked out to enable more tech startups from all around the world to list in HK
(5) then there be inklings to do w/ popularisation of RMB-based trading of metals and energy around the world etc etc that HKEX / LME would have inside track position on some sort of favourably inclined playing field
such thoughts make trading of HKEX fun, because should one be correct on any trade, one extracts free-lunch, and whenever one is wrong, would be bailed out by gentle passing of time.
i fear that your single-minded bias, that which clouds your macro view, shall do longterm disservice to you even in telecom arena where you ought to know what's what. Your inclinations may preclude you from connecting the dots that should be obvious after cursory guidance from folks happy to share, not as preach as you would, but to simply share as opposed to noting from podium that isn't there.
in the big picture we are all olives, and happily so.
scmp.com
Alibaba Cloud steps up its game as it offers quantum computing service
Alibaba Cloud on Friday launched the world’s second-most powerful quantum computing service on the cloud after IBM in association with the Chinese Academy of Sciences.
While Alibaba Cloud’s quantum computer is capable of processing 11 quantum bits (qubits), IBM launched a 20-qubit computer last November.
Shi Yaoyun, chief quantum technology scientist at Alibaba Cloud, said that the launch of the quantum computing service will make it easier for the team to experiment with processors and better understand the hardware required, as well as develop quantum tools and software.
As the kinds of processes and calculations get more complex to compute, quantum computers are often seen as a solution that can help process such calculations much quicker than classical computers.
Alibaba says it is on track to overtake Amazon as world’s top cloud computing services firm
For example, cracking a complex password via brute force could take a classical computer years, but with a quantum computer, it could just take a few seconds.
While bits in classical computers are binary and can only process the values of 0 or 1 at any one time, qubits are able to hold both values at the same time – otherwise known as a superposition state. This means that at any one time a single qubit can participate in millions of processes. The larger the number of qubits a quantum computer has, the more powerful the computer is.
The launch of the quantum computing service comes after Alibaba Group Holding pledged to invest US$15 billion into next-generation technology last October, including artificial intelligence and quantum computing, as it aims to keep up with global players like Amazon and Google in so-called “moonshot” technologies that could potentially change the technology landscape.
Its ‘Damo’ academy is looking to hire 100 researchers to work on fields like AI, quantum computing and fintech, with plans to launch eight research bases in countries including the US, Israel and Singapore.
Alibaba owns the South China Morning Post. |
