China's antitrust regulators recently fined Meituan (OTC: MPNG.Y), one of the country's largest on-demand delivery companies, 3.44 billion yuan ($533 million) -- or 3% of its domestic revenue from 2020 -- following a closely watched probe that started in April.
The NASDAQ 100 After Hours Indicator is up 16 to 15,068.42. The total After hours volume is currently 61,956,575 shares traded.The following are the most active stocks for the after hours session: Alibaba Group Holding Limited (BABA) is +0.48 at $167.26, with 3,542,956 shares tr
Chinese e-commerce giant Alibaba Group Holding (NYSE: BABA) has been one of the major investing storylines of 2021. The stock has lost more than 50% of its value over the past year, nearly unheard of for a company of its size and stature.
(RTTNews) - Jack Ma, the founder of electronic e-retail giant Alibaba Inc. (BABA), was seen for the first time in Hong Kong in almost a year on Tuesday, Reuters reported.
The billionaire went completely missing from the public eye after his scathing criticism of the Chinese fi
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
The Philippines has ordered tech giants Facebook, Alibaba Lazada and Sea's Shopee to stop allowing sales of cellular equipment used for emergency messaging, after "text blasts" were used to promote a presidential election candidate.
Alibaba Group founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met business associates in recent days, two sources told Reuters.
Alibaba Group founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met business associates in recent days, two sources told Reuters.
Consumer stocks were mixed premarket Tuesday. The Consumer Staples Select Sector SPDR Fund (XLP) was inactive while the Consumer Discretionary Select Sector SPDR Fund (XLY) was 0.40% higher recently.
China's ruling Community Party turned its sights on the country's vast financial sector this month, kicking off a new round of a years-long campaign to uncover corruption and illegal dealings.
China's top anti-graft watchdog has kicked off a roughly two-month inspection of the country's banking and insurance regulator, as part of a broader campaign to weed out corrupt Communist Party officials in the financial sector.
The NASDAQ 100 After Hours Indicator is down -13.54 to 14,700.19. The total After hours volume is currently 57,894,772 shares traded.The following are the most active stocks for the after hours session: Progenity, Inc. (PROG) is +0.12 at $2.26, with 10,129,351 shares traded. PRO
Chinese President Xi Jinping is scrutinizing the ties that the country's state banks and other financial institutions have developed with big private companies, the Wall Street Journal reported on Monday, citing people with knowledge of the plan.