Global tech investor Softbank Group Corp (OTC: SFTBY) explored the launch of a new giant startup investment fund after the poor performance of its two earlier funds,
Hong Kong shares plunged on Wednesday, taking cues from a heavy sell-off on Wall Street triggered by higher-than-expected U.S. inflation for August. Shares of Alibaba, Baidu, and JD.com fell over 3%, with the benchmark Hang Seng Index losing over 2.3%.
Alibaba Group Holding's (NYSE:BABA) short percent of float has risen 9.84% since its last report. The company recently reported that it has 53.59 million shares sold short, which is 2.01% of all regular shares that are available for trading.
A whale with a lot of money to spend has taken a noticeably bullish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 12 strange trades.
Asia-Pacific markets opened in the green on Monday over improved risk sentiment, but investors are keenly watching out for U.S. inflation data due later this week.
Cloud infrastructure services spend in mainland China grew 11% year on year in Q2 2022, reaching $7.3 billion and accounting for 12% of overall global cloud spend, Canalys reports.
Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares are trading higher by 2.87% to $92.04 during Friday's trading session as Chinese stocks gain following slower-than-expected China inflation data. What Happened?
Key Takeaways: A new stock exchange filing shows leading online travel agent Trip.com may have begun to sell down its longtime stake in Tongcheng, the industry’s second-largest player China’s online travel industry is riddled with anticompetitive cross-holdings, including Trip.com’s stakes in Tongcheng and Qunar
Hong Kong stocks opened in the green on Friday, taking cues from Wall Street where major indices gained following clarity on the U.S. Federal Reserve’s policy path. China’s slower-than-expected consumer price inflation rise also lifted sentiments.
Key Takeaways: Sinolink will buy about 156 million new shares in ZhongAn’s overseas business development unit, ZhongAn International, for about $103 million The deal comes in a difficult year for ZhongAn, whose own cash holdings are dwindling By Warren Yang
Major U.S.-listed Chinese tech and electric-vehicle stocks rose in Hong Kong on Thursday, with Alibaba and Nio adding over 1%, tracking an upbeat overnight finish on Wall Street.
A whale with a lot of money to spend has taken a noticeably bearish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 15 strange trades.
One of China's most prominent and outspoken market analysts has quietly left the state-owned brokerage he was employed at, days after his Chinese social media accounts were suspended, according to a Reuters report.
Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Baidu Inc (NASDAQ: BIDU), JD.Com (NASDAQ: JD),
Key Takeways: Full Truck Alliance shares are up 60% from a mid-March low, including a 32% gain since Friday, on reports that Beijing may ease its regulatory oversight of big tech companies Company is currently undergoing a data security review and said its business could contract in the second quarter due to Omicron-related disruptions
Shares of U.S.-listed Chinese tech giants, which led the rally in previous sessions, were a mixed bag on Tuesday in Hong Kong as the market opened after a long weekend.
Chinese authorities have placed an individual with the last name Ma under “compulsory curbs” in the city of Hangzhou, Bloomberg News
Analysts have provided the following ratings for Alibaba Group Holding (NYSE:BABA) within the last quarter:
Mizuho saw a challenging 1H22 for China's internet, given the ongoing disruptions to consumer spending and business activities from COVID restrictions. Mizuho expects the negative impact to spread across all internet segments, including e-commerce, advertising, and cloud computing.
Shares of U.S.-listed Chinese companies, which mostly surged in the previous session, were not trading on Monday in Hong Kong. The Hang Seng bourse and other financial markets in mainland China are shut through Monday for International Workers' Day, or Labour Day.
Shares of many Chinese companies that trade in the United States have fallen over the last year with fears of accounting irregularities, tighter control and the potential to be delisted from U.S. exchanges.
Alibaba Group Holdings, Ltd (NYSE: BABA) gapped up over 11% higher on Friday after breaking up from a falling channel pattern on Wednesday, which Benzinga called out two days prior.
Key takeaways: Xiaohongshu’s recent major layoffs could reflect a tough advertising market, even as it framed the move as normal workforce turnover Others reportedly laying off large numbers of workers include top livestream gaming platforms Huya and DouYu, whose planned merger was nixed by regulators last year
Alibaba Group Holding Inc. (NYSE: BABA) shares are recovering from near record lows. That does not change the fundamental outlook for the near term, as the company is contending with multiple headwinds.
Alibaba Group Holding Ltd (NYSE: BABA) shares are trading higher Friday after a Chinese state media report indicated the Chinese government may end its regulatory crackdown on big tech firms.
Shares of U.S.-listed Chinese tech giants mostly traded lower in Hong Kong on Friday as the benchmark index Hang Seng slid, despite positive global cues.
Shares of U.S.-listed Chinese tech giants mostly traded higher in Hong Kong on Thursday as the benchmark index Hang Seng rose amid positive global cues.