Alibaba Takes Step Toward Comeback as Growth Finally Returns
Alibaba Group Holding Ltd. returned to growth across all its main divisions, defying China’s economic turbulence to take
2023-08-10 23:21
Alibaba, Tencent’s $66 Billion Party Starts to Fade
China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market
2023-08-09 11:19
Carlyle, GIC Skip Ant’s Buyback After Valuation Slumps 70%
A number of global investors including Warburg Pincus and Canada Pension Plan Investment Board are opting out of
2023-08-08 11:26
California Teachers’ Pension Keeps Shrinking Its Exposure to China
China dropped to the 19th place on the California State Teachers’ Retirement System ranking of country asset exposure,
2023-08-03 08:59
Jack Ma-Backed Ant Plans Restructuring, Paving Way for HK IPO
Ant Group Co. is planning a restructuring that will break off some operations that aren’t core parts of
2023-07-26 10:58
Tencent Billionaire Breaks Silence to Back China Private Sector
Billionaire Tencent Holdings Ltd. co-founder Pony Ma has penned a lengthy op-ed backing Chinese pledges to resuscitate the
2023-07-20 09:48
Ant to Buy Back Shares at 70% Lower Valuation Than at IPO
Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an
2023-07-08 12:29
Alibaba Surges on Report China to Unshackle Ant With Fine
Alibaba Group Holding Ltd. shares jumped in Hong Kong trading after Reuters reported that China is likely to
2023-07-07 15:16