News

Here’s why the Alibaba stock price crashed in Hong Kong
Alibaba stock price plunged as investors reacted to reports that the Trump administration was scrutinizing the deal with ...
Alibaba: Fiscal Q4 Earnings Snapshot
HONG KONG — HONG KONG — Alibaba Group Holding Ltd. (BABA) on Thursday reported fiscal fourth-quarter net income of $1.71 billion. On a per-share basis, the Hong Kong-based company said it had profit ...
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Hong Kong stocks sink, trimming week’s trade-deal gain on Alibaba earnings miss
Hong Kong stocks dropped, trimming a weekly gain, after the earnings card from Alibaba Group Holding fell short of analyst estimates, a bellwether of earnings disappointment stemming from a ...
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China, HK stocks dip with earnings, US tech restrictions in focus
HONG KONG - Chinese and Hong Kong stocks dropped on Friday, as market sentiment came under pressure from renewed U.S.-China ...
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Alibaba’s Cainiao attracts investments
HONG KONG: Alibaba Group Holding Ltd’s delivery affiliate attracted investments from Malaysia and Singapore, including Temasek Holdings Pte, in its first round of external fundraising since its ...
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Chinese stocks advance on growing optimism over tech earnings
The Hang Seng China Enterprises Index climbed 2.5%, recouping losses from the previous session. Tencent Holdings, Xiaomi Corp ...
Tesla supplier CATL, the world’s leading battery maker, to start trading in HK after a bumper $4.6 billion IPO
CATL is foraying into global markets amid growing trade tensions between the U.S. and China, which have sent markets ...