China Asks Tech Giants to Showcase Investments in Sign of Easing
China has asked its largest technology companies to provide case studies of their most successful startup investments in
2023-07-28 10:52
Jack Ma-Backed Ant Plans Restructuring, Paving Way for HK IPO
Ant Group Co. is planning a restructuring that will break off some operations that aren’t core parts of
2023-07-26 10:46
Alibaba to Stay on Sidelines of Ant’s $6 Billion Stock Buyback
Alibaba Group Holding Ltd. has decided not to sell any part of its one-third stake in Ant Group
2023-07-24 09:23
Here’s How China Is Supporting Its Economy as Stimulus Awaited
China has announced several measures recently to boost the economy and made a number of pledges to improve
2023-07-23 18:22
China’s $100 Billion Tutoring Ban Backfires, Spawning Black Market
President Xi Jinping’s attack on China’s after-school tutoring industry was meant to ease the burden on households. But
2023-07-21 06:27
Xi’s Private-Sector Propaganda Push Runs Into Wall of Skepticism
China’s latest pledges to rebuild a shattered private sector fell flat with investors, underscoring the damage two years
2023-07-20 13:20
Tencent Billionaire Breaks Silence to Back China Private Sector
Billionaire Tencent Holdings Ltd. co-founder Pony Ma has penned a lengthy op-ed backing Chinese pledges to resuscitate the
2023-07-20 09:15
Chinese Tech Stocks Advance as Signs of Official Support Grow
China tech stocks advanced for fourth day in Hong Kong as gathering signs that the government’s long crackdown
2023-07-13 09:48
Jack Ma’s Wealth Drops $4.1 Billion as Ant’s Valuation Slashed
Jack Ma’s fortune is dwindling further as a planned repurchase of shares reveals a much reduced valuation for
2023-07-12 00:22
Ant to Buy Back Shares at 70% Lower Valuation Than at IPO
Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an
2023-07-08 10:56
China Ends Probe of Jack Ma-Backed Ant With $984 Million Fine
Chinese regulators imposed a 7.12 billion yuan ($984 million) fine on Ant Group Co., according to a statement
2023-07-07 20:48
Alibaba Surges on Report China to Unshackle Ant With Fine
Alibaba Group Holding Ltd. shares jumped in Hong Kong trading after Reuters reported that China is likely to
2023-07-07 14:55