Tag: Alibaba Group Holding Ltd
Hong Kong's Hang Seng rises 2% led by Chinese tech stocks
Shares in the Asia-Pacific traded higher on Monday as investors assess inflation and recession fears.
Tencent wants to be foreign automakers' go-to company for tech in China's electric car market
Chinese internet giant Tencent wants to sell technology which the company says will help foreign automakers that want to sell cars in China's EV market.
Chinese influencers must now have a qualification to talk about certain topics like law and medicine
There has been a push from China for greater control over areas Beijing sees as influencing society including video games, livestreaming and celebrity culture.
Here's what China's e-commerce giants are telling us about the economy
Growth in online sales is slowing, while new players eat away at Alibaba's market share, data show.
South Korea drops more than 2%; China keeps benchmark lending rate unchanged
China's one-year and five-year loan prime rates were both left unchanged on Monday.
Hong Kong's Hang Seng index leads losses in mixed Asia trade as investor sentiment remains fragile
The Federal Reserve raised benchmark interest rates 75 basis points on Wednesday in a move that equates to the most aggressive hike since 1994.
Chinese stocks are looking cheap. Fund manager explains why he's betting on Alibaba
China stocks have plummeted since last year, and valuations are now looking compelling, but tech titan Alibaba is no "value trap," says portfolio manager Sid Choraria.
China's multi-billion dollar shopping festival tests e-commerce giants and consumer appetite
China is in the midst of the annual "618" shopping festival where the country's e-commerce giants Alibaba and JD.com try to entice shoppers with huge discounts.
Mainland Chinese stocks bounce back even as most Asia markets continue to slide
The S&P 500 declined nearly 4% overnight on Wall Street to 3,749.63, leaving its losses from its January record at more than 21%.
JPMorgan says Chinese assets are a good diversifier right now
As China begins to reopen and Beijing signals some intent to ease its scrutiny on the tech sector, strategists are turning cautiously optimistic on the country.
Alibaba shares drop 8% after Jack Ma's Ant Group and regulator squash talk of revived IPO
The planned IPO of Ant Group, which is controlled by billionaire Alibaba founder Jack Ma, was pulled in November 2020 after regulators flagged concerns.
Hong Kong's Hang Seng index surges nearly 3% in mixed Asia-Pacific trading
China's Caixin Services PMI released Monday came in at 41.4, an improvement over April's reading of 36.2 but still in contraction territory.
Hong Kong's Hang Seng rises nearly 3%; Alibaba shares soar after earnings report
Chinese tech giant Alibaba reported Thursday fourth-quarter earnings that were above analyst expectations.
Alibaba, Tencent and JD.com all just posted their slowest revenue growth on record
Chinese tech giants Alibaba, Tencent and JD.com have all posted their slowest revenue growth on record as Covid and Beijing's tech crackdown took their toll.
China and Europe are leading the push to regulate A.I. — one of them could set the global playbook
While China revamps its rulebook for tech, the EU is thrashing out its own regulatory framework to rein in AI, but it has yet to pass the finish line.
