Jack Ma’s Ant Group Gets Regulatory Nod For $1.5B Capital Raise Plan
Chinese regulators have reportedly cleared a plan by billionaire Jack Ma’s Ant Group Co. to raise 10.5 billion yuan ($1.5 billion) for its consumer unit.
Alibaba Up 2%, Nio Down 4%: Hong Kong Stocks Mixed As Investors Brace For Fed Minutes, JOLTS Data
Hong Kong stocks opened mixed on Wednesday, with the benchmark Hang Seng gaining over 1%, as investors and traders braced for the release of the minutes of the Federal Reserve meeting.
Alibaba, Nio Slip: Hang Seng Marks Weak Start To 2023 After Gloomy China Factory Activity Data
Hong Kong stocks opened mixed on the first trading day of 2023, with the benchmark Hang Seng losing 0.36% in morning trade.
3 Warren Buffett-Backed Foreign Startups Lost $63B In Market Cap In 2022
Three listed foreign startups in which billionaire investor Warren Buffett has invested $1.53 billion lost nearly $63 billion in market value as bourses around the world plunged with looming recession amid
FTX Japan Announces Mid-February Timeline For Resuming Customer Withdrawals
Customers with trading accounts in defunct cryptocurrency exchange FTX’s Japan subsidiary will be able to withdraw their funds starting in mid-February.
FTX Japan on Thursday released a timeline for the resumption of withdrawals for its customers after initially halting services on Nov. 8.
Alibaba, JD.com rise: Hang Seng Trades Strong On The Last Trading Day Of 2022
Hong Kong shares opened in the green on Friday with the benchmark Hang Seng gaining 0.9% in morning trade taking cues from Wall Street which witnessed the much-awaited rebound the day before.
Alibaba Falls, Nio Rises: Hang Seng Trades In Deep Red, Taking Cues From Pessimistic Wall Street
Hong Kong stocks opened mixed on Thursday morning, taking cues from Wall Street where major indices closed in the red on Wednesday as investors and traders lost optimism regarding any possible year-end rebound and braced themselves for the n
Tesla Production Reports Lead To Carnage For Chinese EV Stocks As Hang Seng Tech Majors Hold It Together
Hong Kong stocks opened mixed although the benchmark Hang Seng rose over 2% in morning trade as China has removed some of its COVID restrictions earlier than anticipated.
COVID-19 Cases Soar While Stocks Fly: How To Play China’s Reopening In The Market
As COVID-19 spreads through China, and the world’s second-largest economy is dealing with an overwhelming wave of new infections, shares of Chinese-based funeral and healthcare companies are going higher.
Will Japan’s Easing Of Stablecoin Regulations Boost Cryptocurrency Trading, International Remittances?
The Japanese government is reviewing significant cryptocurrency regulations related to the use of stablecoins like Tether (CRYPTO: USDT) and USD Coin (CRYPTO: USDC), according to a report.