China’s spending slump weighs as e-commerce giant Alibaba misses estimates
Alibaba Group Holding (9988.HK), opens new tab missed market expectations for first-quarter revenue on Thursday…
Read articleAlibaba Group Holding (9988.HK), opens new tab missed market expectations for first-quarter revenue on Thursday…
Read articleChinese internet stocks jumped in US trading after a senior Communist Party official reaffirmed support for the industry, stoking optimism that regulators may ease a yearlong clampdown. The Nasdaq Golden Dragon China Index climbed 5.2% to its highest level in about two weeks. E-commerce giant Alibaba Group Holding Ltd. rose 6.4% while search engine operator…
Read articleAlibaba Group Holding Ltd. and Didi Global Inc. rallied for a second day, adding $80 billion in value to U.S. listed Chinese stocks as fears of potential delistings eased. The Nasdaq Golden Dragon China Index jumped as much as 6.1% Monday, adding to Friday’s climb after Beijing regulators published revised draft rules scrapping requirements that…
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