Asia - Spark Newswire

1 minute read

Xpeng CEO Uses Psyduck Pokemon to Vent Frustration Over Chip Shortage

Today, 6:57 AM

U.S.-listed Chinese electric vehicle maker Xpeng Inc (NYSE: XPEV) on Thursday used a Psyduck Pokemon toy as a prop to express his frustration over the ongoing chip shortages, CnEVpost

NIO

2 minute read

Why Alibaba, Nio, Chinese Peers Are Sliding In Hong Kong Today

By Navdeep Yadav

Today, 6:57 AM

Shares of U.S.-listed Chinese companies traded marginally lower in Hong Kong on Thursday morning.

BABA

2 minute read

New Photos Show Shanghai Disneyland’s Derelict State After 2 Months Of Closure

By Phil Hall

Today, 6:57 AM

New photographs have emerged online that show parts of the Walt Disney Co.’s (NYSE: DIS) theme park in Shanghai turning in a weed-choked mess since being shuttered two months ago at the start of a pandemic lockdown.

DIS

2 minute read

‘Are You Serious?’ Alibaba Exec Draws Flak Over Highlighting New Tech To Track What Individuals Are Eating, Where They Are Traveling

By Navdeep Yadav

Today, 6:57 AM

An Alibaba Group Holding Ltd. (NYSE: BABA) executive faced flak after his individual carbon footprint tracker comments at the World Economic Forum (WEF) summit in Davos, Switzerland.

BABA

2 minute read

Why Alibaba, Nio And Other Stocks Are Sliding In Hong Kong Today

By Navdeep Yadav

Today, 6:57 AM

Shares of U.S.-listed Chinese firms traded significantly lower in Hong Kong on Wednesday morning, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Baidu Inc (NASDAQ: <

BABA

6 minute read

Is Tencent Past the Worst as Government Sends Easing Signals?

By The Bamboo Works

Today, 6:57 AM

Key Takeaways: Tencent reported its first quarter profit fell 22.9%, but the market believes the worst is past after Beijing’s recent end to its freeze on new game approvals

DOYU

4 minute read

Vipshop Takes Defensive Posture As Headwinds Mount

By The Bamboo Works

Today, 6:57 AM

Key Takeaways: Vipshop’s revenue fell 11% in the first quarter, and it forecast the decline would accelerate to as much as 25% in the current quarter Company last month authorized a new $1 billion share repurchase program after buying back $500 million of shares over the previous year By Doug Young

AMZN

2 minute read

Alibaba, Nio, Chinese Peers Slide: What’s Dragging Hong Kong Stocks Today?

By Navdeep Yadav

Today, 6:57 AM

Shares of U.S.-listed Chinese firms were subdued on Tuesday morning in Hong Kong, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Baidu In

BABA

1 minute read

Why Is Airbnb Exiting The Chinese Domestic Market?

By Michael Cohen

Today, 6:57 AM

Sources tell CNBC that Airbnb Inc (NASDAQ: ABNB) is shutting down its domestic business in China.

ABNB

2 minute read

Paytm Payments Bank Expects India’s Central Bank To Ease Regulatory Curbs On It Soon

By Navdeep Yadav

Today, 6:57 AM

India’s Paytm Payments Bank said it expects the central bank to allow it to start taking on new customers in the next few months and would comply with all the audit requirements to remove the regulatory curbs imposed on it.

BABA