By Selena Li and Kane Wu HONG KONG (Reuters) -Alibaba Group Chairman Joe Tsai said on Tuesday there were clear signs China’s business entrepreneurs were more confident following a meeting with President Xi Jinping and that his company would re-commence hiring. “I think we have seen a very clear sign of businesses entrepreneurs becoming more…
President Xi Jinping’s high-profile meeting with technology business leaders last month significantly enhanced the confidence of Chinese companies, prompting Alibaba Group Holding to make substantial investments in artificial intelligence (AI), according to company chairman and co-founder Joe Tsai during a conference in Singapore. “I wouldn’t underestimate the importance of that event,” Tsai said on Wednesday…
Chinese President Xi Jinping will host a meeting next week with some of the nation’s top entrepreneurs – including six Hangzhou-based start-ups known as the “Six Little Dragons” – to recognise progress in critical areas of technological advancement and show support to the private sector, according to sources. Between 20 and 30 founders and chief…
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…
Hong Kong billionaire Michael Kadoorie has approached investors to raise at least $50 million (HK$389 million) to fund efforts to boost the city’s image, according to people familiar with the matter. The chairman of CLP Holdings Ltd., the city’s top electricity provider, has in recent months pitched several high-profile business leaders on a project that…
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…