The Latest Breaking News from Alibaba

Alibaba Sheds 1%, Nio, EV Peers Tank Over 6%: Hong Kong Stocks Open Lower As Focus Turns To US Jobs Data

Hong Kong stocks opened in the red on Friday ahead of the release of the U.S.

Benzinga · Oct 7, 2022

Alibaba, Nio, EV Stocks Fall: Hang Seng's Wednesday Rally Proves A Farce As Index Tracks Weaker Wall Street Close

Hong Kong stocks opened in the red on Thursday after Wall Street indices lost steam following a two-day rally. The benchmark Hang Seng lost 0.52% in opening trade.

Benzinga · Oct 6, 2022

Lazada chief pursuing sustainable growth

The new chief executive of Lazada Thailand has vowed to pursue sustainable growth by improving the customer experience and support Thai producers exporting their products in Asean.

Bangkok Post · Oct 6, 2022

Yesterday's News? Qutoutiao Adds Delisting Threat to Growing Headaches

Key Takeaways: Qutoutiao faces potential delisting after being notified last week that the value of its publicly held shares is too small The cash-strapped company has adopted a cost-cutting strategy over the last two years, and has yet to report its first and second quarter results for this year By…

Benzinga · Sep 19, 2022

Nio, EV Shares Drop Over 1%, While Alibaba, Tech Peers Mixed: What's Weighing On Hong Kong Stocks Today

Hong Kong stocks opened mixed on Thursday morning, with the benchmark Hang Seng gaining 0.38%, while EV stocks declined. Shares of XPeng, Li Auto and Nio fell over 1%.

Benzinga · Sep 15, 2022

Alibaba, Baidu Slide Over 3% As Wall Street Horror Spreads To Hong Kong Stocks: Report Sparks Fears Of US-China Tensions Over Taiwan

Hong Kong shares plunged on Wednesday, taking cues from a heavy sell-off on Wall Street triggered by higher-than-expected U.S. inflation for August. Shares of Alibaba, Baidu, and JD.com fell over 3%, with the benchmark Hang Seng Index losing over 2.3%.

Benzinga · Sep 14, 2022

China’s great leap forward in chips faces US pushback

Beijing’s efforts to secure dominance over critical chips are facing growing resistance from Washington.

Al Jazeera · Sep 9, 2022

Why Alibaba, Nio And Other Stocks Are Shooting Higher In Hong Kong Today

Hong Kong stocks opened in the green on Friday, taking cues from Wall Street where major indices gained following clarity on the U.S. Federal Reserve’s policy path. China’s slower-than-expected consumer price inflation rise also lifted sentiments. 

Benzinga · Sep 9, 2022

All in the Family: Cash-strapped ZhongAn Taps Chairman's Ties to Fund a Money-losing Unit

Key Takeaways: Sinolink will buy about 156 million new shares in ZhongAn’s overseas business development unit, ZhongAn International, for about $103 million The deal comes in a difficult year for ZhongAn, whose own cash holdings are dwindling By Warren Yang

Benzinga · Sep 8, 2022

Alibaba, Nio Rise Over 1% As Hong Kong Tech Stocks Cheer Wall Street Rebound: Cautious Investors Eye Key Fed Event

Major U.S.-listed Chinese tech and electric-vehicle stocks rose in Hong Kong on Thursday, with Alibaba and Nio adding over 1%, tracking an upbeat overnight finish on Wall Street. 

Benzinga · Sep 8, 2022