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The Latest Breaking News from Alibaba

Dow Jones Futures Rise As Disney Jumps; Why This Market Rally Still Looks Healthy

The market rally fell Wednesday as Google dived, but it still looks healthy. Disney leads overnight earnings movers.

Investors Business Daily

Chill pervades China's tech firms even as crackdown eases

A grinding crackdown that wiped billions of dollars of value off Chinese technology companies is easing, but the once-freewheeling industry is bracing for much slower growth ahead

The Independent UK

Jack Ma Meeting Rumor Sends Stock of Thai Giant’s Unit Soaring

CP Group subsidiary Chia Tai Enterprises traded at HK$6.98 at one point on Wednesday, more than eightfold Monday’s opening price

Caixin Global

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Asian shares mixed after last week's gains on Wall Street

Shares are trading mixed in Asia after Wall Street benchmarks closed higher on Friday, capping a third week of gains out of the last four

The Independent UK

Stock Market Gives Back Modest Gains; Insurance Stock Tanks

Insurance and bank stocks weighed on major stock market indexes. Gaming and entertainment stock soars.

Investors Business Daily

Meme Stock Billionaire Ryan Cohen Builds Stake in China Tech Giant Alibaba

Just days after China said it would loosen its grip on tech giants such as Alibaba, reports indicated billionaire activist Ryan Cohen has built a multi-million stake.

The Street

China to take ‘golden shares’ in tech firms Alibaba and Tencent

Move marks shift in focus by Beijing as it tries to extend influence and keep sector in check

The Guardian - UK

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Weekly Must-Read: China Wraps Up Two-Year Tech Crackdown

Central bank and banking regulator’s Guo Shuqing sends first signal that sector led by Alibaba, Tencent, Didi and Meituan may finally be off the hook

Caixin Global

Beijing seen shifting stance over control over major IT companies

BEIJING -- The Chinese Communist Party and the government is increasingly believed to be loosening its tight controls on the country's major IT firms, such as Alibaba Group Holding Ltd.

The Japan News/Yomiuri

Alibaba Keeps Climbing As It Gets More Good News From China Regulators

BABA stock climbed as it received good news that government officials will ease a two-year regulatory clampdown on Internet companies.

Investors Business Daily

The Fed and 5 Stocks to Watch Monday: Catch Us Live at 9:30 ET

As Wall Street returns for the first full trading week of 2023, here's why we're turning our attention to Goldman Sachs, Alibaba, Biogen, Macy's, Lululemon and more.

The Street

Alibaba Stock Gains As Jack Ma Cedes Ant Control, Beijing Eases Crackdown

“We’ll encourage (tech platforms) to come out strong in leading economic growth, creating more jobs, and competing globally,” said CCP secretary Guo Shuqing.

The Street

Billionaire Jack Ma to cede control of China’s Ant Group

Business magnate Jack Ma who controlled over 50 percent of the fintech giant’s shares will now hold just 6.2 percent.

Al Jazeera

Billionaire Jack Ma chills in Bangkok

Billionaire Alibaba founder Jack Ma has been chilling in Bangkok this week amid reports that he is taking more steps to scale back his personal involvement with his online empire.

Bangkok Post

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AFP

Jack Ma to cede control of China's Ant Group

Beijing (AFP) - Jack Ma will cede control of Chinese fintech giant Ant Group, the company announced Saturday, following a Communist Party crackdown on the nation's tech sector that targeted the charismatic billionaire.

Investors Business Daily

Pick Yourself Up From Setbacks With This Underappreciated Trait

You might think you have things planned to a T. But problems happen. The key is how well you respond with resilience to setbacks.

The Independent UK

Chinese regulators approve capital expansion for Ant Group

Chinese regulators have said e-commerce giant Alibaba’s finance affiliate Ant Group can raise $1.5 billion for its consumer finance unit in an important step forward after the government called off a planned IPO two years ago and ordered the firm to restructure

ABC News

Tao Huabi's Lao Gan Ma chilli sauce is a beloved household staple but will her Chinese success story continue?

For decades, Tao Huabi's Lao Gan Ma chilli crisp sauce has dominated China's spicy sauce market but, now, a cloud of competition is looming over her chilli empire.

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news in one place.

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Bangkok Post

Alibaba's free trade hub in Thailand begins trial operation

A free-trade-zone project in Thailand, launched in 2018 by Alibaba Group Holding while company founder Jack Ma was still CEO, has finally started trial operation.

Investors Business Daily

Alibaba, Baidu And Other China Stocks Jump As Covid Restrictions Ease

Alibaba stock and that of other technology companies saw their stocks jump as China officials curtailed many Covid restrictions.

Investors Business Daily

5 China Stocks Near Buy Points Right Now

Several China stocks are doing well, setting up near potential buy points or early entries.

The Street

Pete Najarian’s Alibaba Unusual Options Activity Keeps Running

Alibaba has soared more than 13% since Tuesday, when Pete Najarian called out this name as his UOA trade of the day.

Investors Business Daily

Chinese Stocks Rally On Hopes Of Easing Covid Lockdowns; Alibaba, JD, Li Auto, Pinduoduo, XPeng Surge

The Invesco Golden Dragon China ETF looked to close out the month of November with its best monthly performance on record.

Bangkok Post

Jack Ma reported living in Japan after China tech crackdown

TOKYO: Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.

AFP

Jack Ma living in Japan after China tech crackdown: FT

Tokyo (AFP) - Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.

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