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The Latest Breaking News from Hangzhou

Alibaba’s Shares Plunge 9% after ‘Name Confusion’

Alibaba lost $26 billion of its market value on Tuesday, due to name confusion, but recouped a part of its losses later. Alibaba’s shareholders were surprised after state broadcaster CCTV reported that authorities in the company’s home base of Hangzhou had imposed curbs on an individual surnamed Ma, the same…

Asharq Al-Awsat

Rumors Of Alibaba Founder Getting Arrested Spread After Report Says China Put 'Curbs' On Person With Same Surname

Chinese authorities have placed an individual with the last name Ma under “compulsory curbs” in the city of Hangzhou, Bloomberg News

Benzinga

Madappa, Rashid among men, teenager Avani in women's category book Asian Games berths

BENGALURU: Viraj Madappa and Rashid Khan held their nerves to qualify for this year's Asian Games in Hangzhou, after a gruelling five-round trial meet at the KGA course, which ended on Saturday.

The Times of India

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Asian Games in China 'going ahead'

The 2022 Asian Games in China will go ahead, the Olympic Council of Malaysia said on Saturday, denying claims that the event faced the possibility of being postponed.

Bangkok Post

Yum China Launches KFC Green Pioneer Stores In Hangzhou & Beijing

Yum China Holdings Inc (NYSE:YUMC) has launched quick-service restaurant brand KFC's first Green Pioneer Stores in Hangzhou and Beijing. The move is part of Yum China's climate strategy toward reaching net-zero value chain greenhouse gas (GHG) emissions by 2050. Green Pioneer Stores utilize advanced low-carbon technologies in construction and daily operations and reduce…

Benzinga

Indian women's softball team to make its debut at Asian Games

NEW DELHI: The Indian women's softball team is set to make its debut at the Asian Games later this year after it received a wild card for the Hangzhou event, Softball Association of India said on Monday.

The Times of India

Star women's hockey striker Vandana eyeing gold in Asian Games

NEW DELHI: Star Indian women's hockey team striker Vandana Katariya has set her eyes on wining the gold medal in this year's Asian Games in Hangzhou, China to help them directly qualify for the 2024 Paris Olympics.

The Times of India

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After world championships, Lovlina Borgohain and Nikhat Zareen secure Asian Games selection

HYDERABAD: Olympic bronze-medallist Lovlina Borgohain and former junior world champion Nikhat Zareen were on Monday selected in the Indian women's boxing team for this year's Asian Games in Hangzhou, China after emerging victorious in the trials held here.

The Times of India

Mizuho Upgrades This Water Treatment Company - Read Why

Mizuho analyst Brett Linzey upgraded Pentair PLC (NYSE:PNR) to Neutral from Underperform and raised the price target to $62 (an upside of 7%) from $60. The company's purchase of Manitowoc Ice business for a net price of $1.38 billion strengthens its commercial water franchise and should be meaningfully accretive to margins, states Linzey. Pentair recently agreed…

Benzinga

Indian bridge team for Asian Games named, no place for last edition's winners

PUNE: The Bridge Federation of India on Saturday picked a six-member team for the upcoming Asian Games in Hangzhou with Debasish Ray as the coach-cum-non-playing captain.

The Times of India

Asian Games Host City Clamps Down on Imported Goods Amid Covid Flare-Up

Hangzhou officials say their most recent outbreak originated with a case linked to imported coffee machines

Caixin Global

Sports: Viswanathan Anand to mentor Indian chess team for 2022 Asian Games

With eight months left for the Asian Games 2022 to start at Hangzhou, China on September 10, the All India Chess Federation (AICF) is hopeful of a rich medal haul from their men's and women's team when the chess discipline returns to the Asian Games fold after 12 years.

Dynamite News

Legendary Viswanathan Anand to mentor Indian chess players ahead of Asian Games

NEW DELHI: Five-time chess world champion Viswanathan Anand has been roped in as a mentor of the Indian players looking to break into the team for the Asian Games in Hangzhou, China, where the sport will make a comeback after a gap of 12 years.

The Times of India

Asian Games 2022: 40 sports to feature, cricket to be back after 11 years

MUMBAI: The 2022 Asian Games will take place from September 10 to September 25, 2022, in Hangzhou, Zhejiang, China and there will be five co-host cities.

The Times of India

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Caixin Global

Former Party Boss of Alibaba’s Home Town Expelled Over Business Ties

Zhou Jiangyong, once in charge of the internet hub of Hangzhou, has been removed from official duties for ‘supporting the disorderly expansion of capital’

Reuters

China's Communist Party expels former boss of Hangzhou for graft

China's anti-corruption watchdog said on Wednesday it had expelled a former Communist Party secretary of the technology hub of Hangzhou from the party, five months after announcing he was being investigated for serious violations of the law.

Benzinga

Alibaba Affiliate Is Linked To Corruption Scandal: Report

China's state broadcaster has implicated Jack Ma's Ant Group in a corruption scandal,

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