Alibaba Squeezes As China Eases Pressure: Here’s What To Watch Going Forward
Alibaba Group Holdings, Inc (NYSE: BABA) was soaring over 11% higher on Wednesday, defying the S&P 500, which was trading about 1% lower.
Why Alibaba, Nio, Chinese Peers Are Surging in Hong Kong Today
Shares of U.S.-listed Chinese companies were trading higher in Hong Kong on Wednesday morning, led by positive global cues.
Another Casualty Of Our Economic War Against Russia: U.S. Treasury Bonds. How Our Bet Against Them Has Worked So Far.
Another Casualty In The Economic War
One theme of our posts since Russia invaded Ukraine is that America's economic war against Russia is hurting America. As we noted over the weekend ("Sanctions On Russia Backfire On The West"), the mainstream media has belatedly started to realize this as well.
CStone Pharma Replaces Chairman Amid Huge Losses, Irregular Investment
Key Takeaways:
CStone brought four products to market last year, and its losses have surged due to growing R&D and sales spending
Appointment of chairman with close ties to WuXi AppTec reveals a power struggle between shareholders and management
By Molly Wen
Rare Collaboration: Fleet Management Companies Backed By Tencent, Alibaba Agree To Merge
Tencent Holdings Limited (OTC: TCEHY) and Alibaba Group Holding Limited (NYSE: BABA) are https://www.benzinga.com/news/21/09/23127181/alibaba-opens-up-walled-garden-to-allow-rival-tencents-payment-system-in-s
Elon Musk Warns China On ‘Population Collapse:’ Each Generation Will Lose 40% Of People
Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk has yet again expressed his concerns over population collapse. This time around, his concern was directed toward China, a country that is central to Tesla's growth thesis.
Why Alibaba, Nio, Most Chinese Peers Are Rising In Hong Kong Today
Shares of U.S.-listed Chinese companies were trading mostly higher in Hong Kong on Tuesday morning on mostly firmer global cues.
Vending Machine Leader Ubox Spits Out Big Losses During Pandemic
Key takeaways:
Ubox has filed for a Hong Kong IPO despite reporting losses in the past two years due to pandemic-related disruptions to its core vending machine business
The company’s backers include Alibaba’s Ant Financial, which led a 1.6 billion yuan investment in the company in 2019
Alibaba’s Ant Launches Singapore-Based Digital Bank Amid China Regulatory Hurdles
As Alibaba Group Holding Ltd (NYSE: BABA) and its group companies face pressures on multiple fronts on their home turf of China, they have started looking elsewhere for growth.