Investing.com– Hong Kong-listed shares of Alibaba Group (HK:9988) (NYSE:BABA) fell on Thursday in anticipation of a quarterly earnings report which is expected to show whether the e-commerce giant weathered a downturn in China.
Monthly Archives For November 2023
Xi revealed the extent of China’s economic woes by the speed at which he caved to some of Biden’s demands
China’s Xi Jinping entered discussions with President Joe Biden this week at the APEC summit in an unfamiliar position of economic weakness.
China responds to President Biden calling Chinese President Xi a dictator
FOX News White House correspondent Peter Doocy reports President’s Biden views on U.S.-China relations on ‘Special Report.’
Tech leaders cheer China-U.S. thaw. But AI is still a sticking point.
Tech leaders are cheering the thaw in relations between the U.S. and China, hoping that less tension between the two economies means less risk to the money companies make from Chinese consumers.
Fintech Collaboration between Mainland China and Hong Kong
In recent years, the financial technology (Fintech) landscape has witnessed remarkable growth, with Mainland China and Hong Kong emerging as key players in the Asia-Pacific region. The collaboration …
The mood was good, but little has changed between the U.S. and China
The mere fact that President Biden and his Chinese counterpart Xi Jinping met was progress, but fundamental differences on issues like Taiwan and technology remain.
China sovereign bond yields may fall to record lows next year on looser policies and easing of foreign outflows: analysts
Expectations are growing the People’s Bank of China will cut benchmark rates to fuel credit demand next year Foreign investor selling, a headwind that has weighed on China’s government bonds, could …
Alibaba Loses $21 Billion In Market Value After Suspending Cloud Unit IPO And Jack Ma Sells Shares
Alibaba Group stunned investors when it announced that it would suspend the listing plan of its cloud computing unit, while also revealing that cofounder Jack Ma intends to sell some of his shares.
Alibaba cancels IPO of cloud division
US finally gets a hit with its sanctions Alibaba has cancelled its IPO of its cloud division because it expects trouble due to a chip shortage caused by the US’s export ban to China. This…
China Wants to Bulldoze Old Neighborhoods to Revive the Economy
The halting revitalization of one “urban village” in Shenzhen shows the challenges of fixing a national property crisis after years of overborrowing.
China now has fastest internet in the world that can download movies like ‘Tiger 3’, ‘Pippa’ over 150 times in a second
The backbone of this internet connection is formed with 3,000 km spread across Beijing, Wuhan and Guangzhou using optical fibre cables …
China asks some lenders to cap interbank financing costs – sources
China’s central bank asked some lenders to cap interest rates on an interbank debt instrument this month, people with knowledge of the matter said on Friday, referring to the rising short-term yields …
CGTN: China to uphold openness and common development for better Asia-Pacific cooperation
Chinese President Xi Jinping noted in his speech delivered to the APEC CEO Summit in San Francisco on Thursday that since the first Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in 1993, the region has…
