[ad_1] (Bloomberg) — The years-long rout in shares of Alibaba Group Holding Ltd. amid regulatory crackdowns and weak consumption has left the Chinese e-commerce giant trading at just half the…
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Hong Kong’s first IPO of 2024 makes a weak trading debut as RoboSense shares drop
[ad_1] Shares of RoboSense Technology, a Chinese maker of sensors for self-driving cars, fell on their Hong Kong trading debut on Friday after the company made the city’s first initial…
Alibaba, Tencent fall as Hong Kong stocks set for loss in first week of 2024
[ad_1] Hong Kong stocks were heading for a loss in the first week of 2024, as a slowdown in China’s growth and longer than expected policy tightening in the US…
Deep Hong Kong discounts for Singles’ Day event as businesses aim to boost sales
[ad_1] Hong Kong businesses ranging from a major online retailer to an airline will capitalise on the world’s largest online shopping extravaganza on Saturday with deep discounts to boost sales…
Hong Kong stocks hit 3-week high as Tencent, NetEase extend recovery, BYD gains
[ad_1] Hong Kong stocks rose for a second day to a three-week high. led by gains in top Chinese technology leaders and electric-car makers. Foreign investors bought onshore-listed shares by…
Alibaba, HSBC lift Hang Seng to best gain in 2 months on China data, NWD soars
[ad_1] Hong Kong stocks completed a second week of advance after a private report showed services sector in mainland China expanded last month, compensating for a slide in factory activity.…
China’s Alibaba Names CEO Eddie Wu to Head Its E-Commerce Business as Its Growth Falters
[ad_1] HONG KONG (AP) — China’s Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing…
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