Tencent, Ant Group, Baidu, JD.com, and several other leading Chinese tech companies last week issued a “self-disciplined development proposal” for the “digital collectible industry” that would introdu...
Tag: Alibaba
Alibaba Earnings Turnaround Hopes Revived After Shares Rise 60%
(Bloomberg) — Some of Wall Street’s biggest brokerages have reiterated their bullish calls for Alibaba Group Holding Ltd., suggesting more gains may be in store after the e-commerce giant surged...
Alibaba Stock Is Rising Again. Why Chinese Tech Could Keep Outperforming.
Text size Alibaba stock had a tough run in 2021. Greg Baker/AFP via Getty Images Alibaba lost almost half of its market value last year while the S&P 500 gained more than 25%, disappointing inves...
Alibaba forms new data intelligence services subsidiary to deepen e-commerce giant’s pivot into enterprise market
Alibaba Group Holding has created a new subsidiary called Lingyang Intelligent Service Co to help companies in their digital transformation, a move that deepens the Chinese e-commerce giant’s pi...
Hong Kong Stock Exchange Closed On July 1
The Hong Kong Stock Exchange is one of the world’s largest. Photographer: Roy Liu/Bloomberg © 2020 Bloomberg Finance LP The Hong Kong Stock Exchange is closed today, July 1, to mark the former B...
Alibaba Leads Hong Kong Internet Charge, Week In Review
China Last Night KraneShares Week in Review Asian equities were mixed this week as South Korea faltered and China markets gained, especially the internet sector, which saw a major improvement in senti...
EVs & Internet Gain On Policy News, China Markets Outperform In Asia
China Last Night KraneShares Key News China outpaced the rest of Asia overnight as the continent’s markets were mixed as concerns over global growth continue to mount. Yesterday, US Fed Chair Jerome P...
Here’s what China’s Alibaba and Kuaishou say about the economy
Across five major e-commerce platforms’ GMV, Alibaba’s market share fell by 6% in the first quarter versus the fourth, according to Bernstein analysis. Str | Afp | Getty Images BEIJING — A...
Shopping Festival Sales On June 18 Rise & Highlight New Consumer Habits, Asian Equities Flash Risk Off
China Last Night KraneShares Key News Asian equities were mostly lower overnight despite the significant comeback in the US yesterday. Hong Kong saw a slight uptick in volume as Mainland China saw low...
Alibaba, NIO stocks soar after report Ant Group OK’d to set up financial holding company
The U.S.-listed shares of China-based companies were seeing big and broad gains in premarket trading Friday, after Reuters reported that China’s central bank accepted Ant Group’s applicati...
JD And Alibaba Lead Internet Rally, PBOC Accepts Ant’s Financial Holding Company Application, Week In Review
China Last Night KraneShares Week in Review Hong Kong and Mainland China were the only markets in Asia with positive performance for the week. Southbound Stock Connect volumes were elevated on Monday ...
JD.com, Roku, Alibaba and more
Check out the companies making headlines before the bell: Adobe (ADBE) – Adobe shares fell 3.7% in premarket trading after the software company issued weaker-than-expected financial guidance for the c...
Credit Suisse Sees Microsoft Azure Narrow Revenue Gap To Amazon Web Services And Widen Gap To Google Cloud, Alibaba Cloud
TipRanks Oppenheimer Pounds the Table on Nvidia Stock In an upbeat research note, Oppenheimer analyst Rick Schafer laid out the bull case for buying Nvidia (NVDA) stock — why he rates it “...
No Medium-Term Lending Facility Rate Cut But Online Retail Sales Pick Up
China Last Night KraneShares Key News Asian equities were a sea of red excluding Hong Kong and China, which posted gains. The PBOC kept the 1-year medium-term lending facility rate at 2.85% despite th...
China Stocks Drop In U.S. Ahead Of Fed Action On Inflation; Alibaba, BiliBili Plunge 10%
It was a rough day for U.S. investors in China stocks. (Photo by Noam Galai/Getty Images) Getty Images Shares in many of China’s best-known companies plunged on the Nasdaq and New York Stock Exchange ...
China’s Alibaba Cloud Quietly Launching International NFT Solutions
The cloud computing division of e-commerce giant Alibaba Group has launched new services for NFT platforms based outside of mainland China. The features Alibaba Cloud will provide include web hosting,...
Alibaba Bounces As China Outperforms On Muted Inflation, Week In Review
China Last Night KraneShares Week in Review On Monday, it was reported that the cybersecurity review of Didi had been completed. The review’s conclusion should allow Didi, along with Full Truck Allian...
Alibaba Cloud Reveals Its First Ever NFT Service
Alibaba Cloud stated on Wednesday that its facilities will assist in developing the NFT marketplaces in a quick and dependable way. Alibaba Cloud did not reveal whether the blockchain for NFT marketpl...
Ant Group IPO Revival Buffets Alibaba Stock
I was amazed when I got the breaking news alert on my phone here in Hong Kong at 8:48 p.m. Thursday. The Alibaba Group Holding (BABA) spinoff Ant Group is reviving plans for its initial public offerin...
China’s Securities Regulator Denies Conducting Review Of Ant Group’s IPO
The Ant Group and Alibaba Group logos are displayed behind a reception desk at the company’s headquarters in Hangzhou, China. Qilai Shen/Bloomberg China’s securities regulator said that it isn’t...
Alibaba Cloud Unveils a New Product for NFTs – crypto.news
Alibaba Cloud, the leading cloud service provider in China, has announced the launch of NFT solutions. The entity plans to help NFT developers build their NFT marketplaces through Alibaba Cloud soluti...
Ant IPO, Bilibili Q1, 618 Event, Nio Q1 & Inclusion
China Last Night KraneShares Key News Asian equities were lower overnight, less India as Hong Kong internet names pulled back after yesterday’s monster move (or, as my Boston friends would say, Monsta...
AliBaba Launches NFT Tools Even As China Cracks Down
Alibaba Cloud, a subsidiary of Alibaba Group, announced the launch of non fungible tokens (NFTs) solutions. The computing Company will also be building NFT marketplaces, including web hosting and cont...
Hong Kong Internet Stocks Fly On Significant Volume Increase
China Last Night KraneShares Key News Asian equities were largely higher as Hong Kong outperformed and India underperformed. Today was more important than what initially meets the eye as Hong Kong vol...
Experts See Fresh Opportunities In Chinese Stocks With Economic Activity Set To Rebound After Shanghai Reopening
Topline Global markets have recently benefited from positive news out of China, which is lifting coronavirus lockdown restrictions in Shanghai and reportedly easing regulatory crackdowns on its tech s...
Alibaba, US-Listed China Stocks Soar as Crackdown Fears Ease
(Bloomberg) — US-listed China stocks surged Monday to the highest since early April on increased speculation that a year-long government crackdown on the technology industry is easing. Most Read...