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JD.COM SHARE ISSUE
US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthroughDespite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, ...- US Stock Market | Wall Street advances as investors bet on Mideast de-escalationWall Street indexes climbed as falling oil prices and Iran's review of a U.S. proposal offered hope for de-escalation in the Middle East co...
- US stocks today: US stocks advance as investors hopeful of Mideast de-escalationGlobal markets rallied as hopes for a de-escalation in the Middle East eased fears of prolonged energy disruptions. Iran's openness to dipl...
- China's tech giants lobby for offshore yuan stablecoin, sources sayStablecoins are digital tokens, in the form of cryptocurrencies pegged to liquid assets, so far mostly the U.S. dollar but also in some cas...
- Hong Kong-based crypto platform OSL shares jump on Canadian acquisitionOSL Group's shares surged 10% after acquiring Canada’s Banxa, boosting global expansion in digital assets. The firm eyes stablecoin issuanc...
- JD.com shares fall 13%, hits record low; banks cut Q3 growth target on retail slowdownJD.com, which is listed in Hong Kong and the United States, is expected to report quarterly financial data in mid-November following China'...
- US stock market: S&P 500, Dow ends higher as investors await US inflation, jobs dataAll three major stock indexes rose as investors digested last Friday's comments from Fed Chair Jerome Powell that the U.S. central bank may...
- Wall Street gains as investors eye upcoming economic data3M jumped 5% after a report that the conglomerate has tentatively agreed to pay more than $5.5 billion to resolve over 300,000 lawsuits cla...
- China’s JD.com promotes finance chief to CEO role as Xu Lei resignsXu Lei, who has officially been CEO for a year, said on a call with analysts after the company reported first quarter earnings that he had ...
- How Walmart is getting ready for a bruising battle with Amazon in IndiaThe retail giant, which is facing the heat from aggressive Amazon on the home front, is paying the price for its late awakening in e-commer...
- China's top tech banker, Bao Fan of China Renaissance, goes missingBao is a well-known dealmaker in China who has carved out a career working on high-profile tech transactions. He started China Renaissance ...
- Ant Group gets green light for $1.5 bn fundraising planAfter the deal goes through, Ant -- in which ecommerce titan Alibaba has a stake -- will have contributed a total of 9.25 billion yuan and ...
- JD.com to issue shares worth $220 million to Tencent for WeChat accessThe deal follows Tencent's sale of a $16.4 billion stake in JD.com to Walmart Inc last year and extends an existing partnership with the We...
- Alibaba beats revenue estimates on demand for niche China shopping servicesAlibaba's revenues rose 9% to $30.35 billion in the quarter.
- China shares end higher on stimulus hopes as COVID cases riseHong Kong shares of ZTE Corp soared as much as 60% as trading resumed in the afternoon, while its Shenzhen shares rose nearly 10%. The tele...
- Chinese regulators to push tech giants to share consumer credit data: SourcesChinese regulators, including the central bank, plan to instruct internet platforms to feed their vast loan data to some of the nationwide ...
- Why Jack Ma can never go back to being Jack Ma againThe narrow view about Chinese magnate Jack Ma’s disappearance is that it concerns Ma and the $600 bn Alibaba empire he manages. The broader...
- China exporters look inwards as virus hits overseas marketsChinese online marketplace Taobao said the number of foreign trading companies opening stores on its domestic-focused platform spiked 160 p...
- Google to invest $550 mln in Chinese e-commerce giant JD.comThe investment may give Google access to more consumer data, which can be used to boost usage of Google Shopping.
- Xiaomi eyes $3 billon CDRs in $10 billion July listing plan: SourcesXiaomi filed a prospectus for an IPO in Hong Kong last month.
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