Alibaba Group – Page 3 – Charm

DeepSeek Impact? Billionaire David Tepper Bets Big on China, Increases Stakes in Alibaba, JD.com, And PDD

Cs news8 months ago06 mins

DeepSeek Impact? Billionaire David Tepper Bets Big on China, Increases Stakes in Alibaba, JD.com, And PDD U.S.-listed Chinese stocks Alibaba Group Holding (NASDAQ:BABA), Baidu, Inc (NASDAQ:BIDU), JD.com, Inc (NASDAQ: JD), PDD Holdings Inc (NASDAQ: PDD), NIO Inc (NYSE: NIO), Li Auto Inc (NASDAQ:LI), and XPeng Inc (NYSE: XPEV) gave up their gains Tuesday after the Trump administration decided to delay the suspension of duty-free entry for packages valued under $800. The…

Alibaba’s Stock Connect link shows Hong Kong’s strength as conduit to mainland markets

Cs news8 months ago8 months ago08 mins

Hong Kong’s capital market is living up to its role as a “superconnector” between global fund managers and mainland China’s financial markets, with Alibaba Group Holding’s upgraded listing status benefiting investors on both sides of the playing field. Since joining the Stock Connect scheme on September 10, onshore investors have collected 4 per cent of…

Are costs rising in Hong Kong? Inflation stays low but households say differently

Cs news8 months ago02 mins

For Hong Kong guide dog trainer Margaret To*, an online mothers’ support group has provided a way to cope with rising prices. Browsing regularly through the Lakesilver Moms chat group, she has found baby clothes, toys, shoes, furniture, home appliances and even a picnic cart. Most were second-hand, some practically new. “They were all free….

Alibaba named most admired Chinese internet firm by Fortune amid race with DeepSeek

Cs news8 months ago05 mins

Alibaba Group Holding has been named the world’s most admired Chinese internet and retail company, according to the latest rankings by US business magazine Fortune, as the technology giant unveils an artificial intelligence (AI) model aimed at competing with China’s hottest start-up, DeepSeek. The Hangzhou-based company, owner of the South China Morning Post, came third…

Singapore’s Tada launches in Hong Kong, driving fresh competition with Uber

Cs news10 months ago02 mins

A Singapore-based ride-hailing service provider has launched in Hong Kong ahead of a government plan to regulate operators, with the newcomer providing fresh competition for market leader Uber. Tada, which touts a zero-commission model for drivers, began operating in the city on Thursday and will allow customers to pay by cash or credit card in…

Ant Group’s President Han to become CEO in March; Jing to stay as chairman

Cs news10 months ago02 mins

By Kanjyik Ghosh (Reuters) -The president and financial chief of China’s Ant Group, Cyril Han, will take over from Eric Jing as chief executive from March 1, showed an internal memo seen by Reuters which was confirmed by a spokesperson. Han will continue to report to Jing who will remain as chairman, the memo showed….

Profit Warning Highlights China Market Struggles

Cs news11 months ago02 mins

After publishing a sobering warning about its future profitability, citing rising competition in its home market of China, PDD Holdings Inc. (NASDAQ:PDD) saw its shares plummet as much as 10% in early trading. The firm, which is up against rivals like Alibaba Group (NYSE:BABA), said that a lack of knowledge among its staff makes it…

Alibaba aims to raise $5 billion in dual currency bond deal, sources say

Cs news11 months ago02 mins

By Scott Murdoch SYDNEY (Reuters) – Chinese ecommerce giant Alibaba Group is aiming to raise $5 billion in multi-tranche dollar and offshore Chinese yuan bonds, according to two sources with direct knowledge of the matter. The company in a regulatory filing on Monday said it was considering carrying out the transaction. The dollar tranche would…

Exclusive | Olympic champ Zheng, Hong Kong’s Haughey on strength, sacrifice and a winning mentality

Cs news11 months ago03 mins

It is not often three Olympic gold medallists and Hong Kong’s greatest athlete are gathered in a room together to discuss mental strength, sacrifice and what it takes to win, so when the opportunity arises you listen. The first day of the Post’s Family Business Summit closed with a panel featuring China tennis star Zheng…