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CHINESE REGULATORY CRACKDOWNS
Chinese business hired lobbying firm with ties to Donald Trump Jr, then scored a win in WashingtonA U.S. startup's bid to remove a Chinese investor from its board was rejected by a national security watchdog. A lobbying firm connected to...
Beijing's regulatory crackdown wipes $1.1 trillion off Chinese Big TechThe central bank said on Friday most of the main problems for platform companies' financial businesses had been rectified, and regulators w...
China's Didi sees 2022 revenue hit by Covid, net loss narrowsChina imposed stringent COVID restrictions across the country last year that had hammered its economy. It lifted those restrictions in Dece...
Chinese Internet firms log first revenue decline amid regulatory crackdownAccording to the South China Morning POst, the combined revenue of Chinese Internet firms decreased 1.1% to 1.46 trillion yuan ($217 billio...
China's Alibaba to apply for dual primary listing in Hong KongThe move comes after the Hong Kong Stock Exchange (HKEX) in January changed its rules to allow "innovative" Chinese companies with weighted...
Alibaba cuts a third of deals team staff after regulatory crackdown: reportAlibaba plans to reduce its strategic investment team of more than 110 people, mainly based in mainland China, to about 70, said two of the...
Beijing gives initial nod to revive Ant IPO after crackdown coolsAnt, an affiliate of Chinese ecommerce behemoth Alibaba Group Holding Ltd, aims to file a preliminary prospectus for the share offering in ...
Beijing gives initial nod to revive Ant IPO after crackdown coolsAnt, an affiliate of Chinese e-commerce behemoth Alibaba Group Holding Ltd, aims to file a preliminary prospectus for the share offering in...
Alibaba reports slowest growth yet amid COVID-19 outbreaksRevenue increased 9% to 204.05 billion yuan ($30.3 billion) in the three months ended March, as its core e-commerce platforms Taobao and Tm...
Chinese crackdown on tech giants show signs of easing; Alibaba, Baidu, JD.Com surgeBaidu, JD.com, and Alibaba shares gained in the premarket trading because Chinese-run news outlets stated that the government might end the...
Asian shares down as Alibaba's slide reignites China worriesAsian shares fell on Friday as disappointing earnings from Chinese e-commerce giant Alibaba heightened worries about Beijing's broad regula...
China defends clampdown on tech firms in a meeting with Wall St execs: ReportInvestors' concerns over the regulatory crackdown has led to sharp sell-offs on China's share markets, reducing the market capitalisation o...
Chinese tech’s brief revival is already showing signs of fatigueThe rally in the Hang Seng Tech Index, which tracks Chinese tech stocks listed in Hong Kong, fizzled out toward the end of this week amid h...
Half a trillion dollars wiped from China markets in a week as clampdowns shatter confidenceMore than $560 billion in market value has been wiped off Hong Kong and mainland China exchanges in a week as funds capitulate out of once-...
Sensex plunges by 600 points: Key factors dragging the marketThe sell-off in Chinese tech stocks on Beijing's regulatory crackdown has triggered concerns about whether this sell-off will spread to oth...
Law without order: Investors grapple with China's regulatory riskThe S&P/BNY Mellon China Select ADR Index, which tracks the American depositary receipts (ADRs) of major US-listed Chinese companies, dropp...
Alibaba's $10 bln buyback plan fails to halt stock slide as regulatory concerns mountA sharp sell-off over two sessions has knocked almost $116 billion off the tech giant's Hong Kong-listed shares.