Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with China's securities regulator for its planned blockbuster initial public offering onshore.
In this episode of MarketFoolery, host Chris Hill chats with Fool.com contributor Dan Kline about the latest headlines and earnings reports from Wall Street. They go through Tencent's numbers to find out how some of its divisions have performed during the quarter and over the ye
Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with China's securities regulator for its planned blockbuster initial public offering.
E-commerce conglomerate Alibaba, handset maker Xiaomi and WuXi Biologics will enter the Hang Seng next month, broadening Hong Kong's traditionally financial services-dominated index.
E-commerce conglomerate Alibaba, handset maker Xiaomi and WuXi Biologics will enter Hong Kong's Hang Seng Index next month, the benchmark's publisher announced on Friday evening.
Chinese tech giant Tencent (OTC: TCEHY) recently dazzled investors with a big second-quarter earnings beat. Its revenue rose 29% annually to 114.9 billion yuan ($16.2 billion), beating estimates by 2.2 billion yuan.
KE Holdings, operator of housing platforms Beike Zhaofang and Lianjia, is open to a secondary listing in Hong Kong or mainland China, after raising around $2 billion on Thursday in the biggest U.S. IPO by a Chinese company in two years.
Stock investor Zhu Haifeng halved his once-cherished holdings in Chinese tech giants Tencent and Alibaba after the United States announced on Friday sanctions against some Chinese firms in the latest escalation between the world's two top economies.
Alibaba-backed Best Inc is seeking a Hong Kong listing for its express delivery and freight delivery businesses, keen to boost its valuation and establish an investor base closer to China, said three sources with knowledge of the matter.
Chinese tech giant Tencent Holding is making forays into fund advisory services, vying for a share of the potentially lucrative market with rival Alibaba Group Holding Ltd, which entered the business just months ago.
Alibaba-backed Best Inc is seeking a Hong Kong listing for its express delivery and freight delivery businesses, keen to boost its valuation and establish an investor base closer to China, said three sources with knowledge of the matter.
Baidu (NASDAQ: BIDU), which owns China's top online search engine, was once considered one of that country's top tech stocks. But over the past three years, its stock has lost roughly 40% of its value as the company has faced tougher competition in digital ads.
Etsy (NASDAQ: ETSY) and Alibaba (NYSE: BABA) have both generated impressive returns for investors over the past 12 months. Etsy's stock surged nearly 140% as its online orders jumped throughout the COVID-19 crisis, and Alibaba's stock rallied about 70% on similar tailwinds in Ch
Microsoft Corp has emerged as the most likely buyer of the U.S. operations of TikTok, the popular Chinese short-video app that U.S. President Donald Trump is preparing to effectively ban on national security grounds.
Microsoft Corp has emerged as the most likely buyer of the U.S. operations of TikTok, the popular Chinese short-video app that U.S. President Donald Trump is preparing to effectively ban on national security grounds.
Perhaps the biggest technological change of the current age is the massive shift of enterprise IT spending to the public cloud. The public cloud offers numerous benefits to companies, saving costs by eliminating the need to buy and manage one's own infrastructure, offering the a
Chinese electric vehicle (EV) maker Xpeng Inc, backed by Alibaba and Xiaomi Corp, has filed to list its shares in New York, seeking to ride enthusiasm for EVs even as U.S.-China relations are strained.
What happened
Shares of Tencent (OTC: TCEHY), Alibaba (NYSE: BABA), and JD.com (NASDAQ: JD) fell 7.4%, 5.1%, and 4.3%, respectively, on Friday after the U.S. government took several actions against Chinese companies.
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