Alibaba And Its Peers Resort To Freelancers To Contain Costs, Apart From Job Cuts
Alibaba Group Holding Limited (NYSE:BABA) launched a part-time job platform called “Daraz Flex” overseas, Tech Planet reports. Since the beginning…
Alibaba, Nio Rise Over 3%: Hong Kong Stocks Open Firmer On Hopes Of Early Christmas Gift From Fed
Hong Kong shares opened in the green on Tuesday, with the benchmark Hang Seng gaining over 3%, as optimism grew over the U.S. Federal Reserve toning down its aggressive stance.
Things Don’t Add Up Well in Used Computer Renter’s IPO Bid
Key Takeaways:
LX Technology, parent of Little Bear Rental, has been approved for a Hong Kong IPO, despite losing over 740 million yuan in the past three and a half years
Its major early shareholders, including Tencent, Lenovo and JD.com, have started cutting their ties with the company even before the IPO
By Tina Yip
Alibaba, Meituan, Nio Jump: Hang Seng Looks Past Weak China Factory Data To Focus On Fed Policy
Hong Kong shares opened in the green on Monday, with the benchmark Hang Seng rising 0.63%, as investors and traders shrugged off a contraction in China’s factory activity while focussing more on the possibility of the U.S.
Former Retail Star Gome Hobbled by Declining Revenue, Heavy Debt
Key Takeaways:
Gome’s revenues are falling sharply despite gains for its online business, as tumbling sales at its brick-and-mortar stores lead to layoffs and closures
Alibaba Falls Over 3%, Nio Plunges 6%: Hang Seng Opens Weaker As China COVID Curbs, Earnings Season Fray Nerves
Hong Kong shares opened in the red on Friday, with the benchmark Hang Seng falling 1.5%, as mixed earnings prompted traders and investors to pare positions before the end of the week.
Alibaba, JD Surge Over 8%: Hang Seng Shoots Up On Tech Rally
Hong Kong stocks opened in the green on Thursday, with the benchmark Hang Seng gaining 2.8% in morning trade. The rally was led by tech stocks, with Alibaba and JD.com gaining over 8% and 9%, respectively. Shares of Meituan and Tencent Holdings gained over 4%.
10 Consumer Discretionary Stocks With Whale Alerts In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
So What’s Going On With JD.com And Pinduoduo Stock Ripping Higher Today?
JD.Com Inc (NASDAQ: JD) and Pinduoduo Inc - ADR (NASDAQ: PDD) shares are trading sharply higher Wednesday's session. Shares of Chinese companies at large are trading higher following Tuesday news indicating C
JD.com Whale Trades Spotted
Someone with a lot of money to spend has taken a bullish stance on JD.com (NASDAQ:JD).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.