Chinese Gamer-Networking App Nears SPAC Merger in Hong Kong

[ad_1] Updated Dec. 7, 2023 10:17 pm ET A Chinese social-networking platform aimed at Gen Z users is nearing a deal to go public by combining with a blank-check company…

Hundreds of Stocks Have Fallen Below $1. They’re Still Listed on Nasdaq.

[ad_1] Hundreds of stocks have broken the buck this year, following a slump in the once-hot market for buzzy startups seeking rapid growth. As of Friday, 557 stocks listed on…

Richemont Could Review YNAP Deal With Farfetch Amid Delisting Reports

[ad_1] Updated Nov. 29, 2023 5:19 am ET Luxury group Richemont said it has no plans to invest further in Farfetch and could reconsider a deal with the e-commerce firm,…

China’s Latest EV Stocks Face Uncertain Reception in New York

[ad_1] Electric vehicles have really taken off in China, but so has competition. That is the conundrum investors face as they size up the latest EV brands pitching their growth…

Shein Still Needs to Prove It’s a Bargain

[ad_1] Built-in-China online fashion company Shein has swept the world with its fast-to-market, hip designs. It now needs to show investors that its breakneck growth can convert into bigger profit,…

Fast-Fashion Giant Shein Files to Go Public

[ad_1] Updated Nov. 27, 2023 5:55 pm ET Shein, the China-founded online fashion company that won over hundreds of millions of shoppers around the world, has confidentially filed to go…

Bayer CEO Says Breakup Wouldn’t Fix All of the Company’s Ills

[ad_1] BERLIN—Bayer Chief Executive Bill Anderson said the company would bounce back quickly from a recent spate of bad news, and warned that a breakup of the pharmaceutical and agricultural…

LG Electronics Unveils Restructuring to Boost Global Competitiveness

[ad_1] Nov. 24, 2023 12:42 am ET LG Electronics will set up a new sales and marketing entity to oversee international business, part of a series of restructuring moves aimed…

Alibaba Scraps Cloud Unit Spinoff, Citing Washington’s Chip Curbs

[ad_1] Updated Nov. 16, 2023 8:41 pm ET SINGAPORE—Washington’s latest curbs on the export of high-performance chips to China are beginning to bite. Alibaba on Thursday said it had scrapped…

Alibaba’s Spinoff Plans Fall to Earth

[ad_1] Alibaba’s shareholders finally got their first dividend. But that may not be enough to compensate for hiccups in its spinoff plan and slowing growth. The Chinese e-commerce giant on…