Why Alibaba, Other Tech Peers Are Trading Higher In Hong Kong Today Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Baidu Inc (NASDAQ: BIDU), JD.Com (NASDAQ: JD), and < Benzinga · May 5, 2022
Full Truck Alliance Shift Up a Gear on Regulatory Easing Reports Key Takeways: Full Truck Alliance shares are up 60% from a mid-March low, including a 32% gain since Friday, on reports that Beijing may ease its regulatory oversight of big tech companies Company is currently undergoing a data security review and said its business could contract in the second quarter… Benzinga · May 3, 2022
China's top leaders signal reprieve for tech companies Loosening restrictions could remove one source of downward pressure on China's economy. Axios · May 3, 2022
Top Stories of the Month: Shanghai’s Rocky Road to Rebooting China’s financial, logistics and manufacturing giant struggles to get back on its feet as Covid lockdowns snarl logistics and restrict the workforce Caixin Global · Apr 30, 2022
Major Chinese livestreaming platforms planning huge layoffs in blow to Tencent Huya plan to cut 70% of their 200-person international arm, and 20% of the rest of their business. Douya will be cutting 30% of staff company-wide. USA Today Sports Media Group · Apr 29, 2022
Mass Layoffs at 'China's Instagram': Tough Times or Primping for IPO? Key takeaways: Xiaohongshu’s recent major layoffs could reflect a tough advertising market, even as it framed the move as normal workforce turnover Others reportedly laying off large numbers of workers include top livestream gaming platforms Huya and DouYu, whose planned merger was nixed by regulators last year Benzinga · Apr 29, 2022
Yuanxin Tempts Investors With One-Stop Medical Formula in Hong Kong IPO Key takeaways: Yuanxin Technology has filed for a Hong Kong IPO a second time, aiming to set itself apart from rivals with its wide range of medical services The company’s revenue grew 65% last year, but its losses are growing even more quickly By Li Yaoyao Benzinga · Apr 27, 2022
NetEase's Cloud Music Prosecutes Tencent Music NetEase, Inc's (NASDAQ: NTES) Cloud Music unit prosecuted Tencent Music Entertainment Group (NYSE: TME) for alleged unfair competition and plagiarizing its app design, Reuters reports. Benzinga · Apr 27, 2022
Alibaba Slips, JD Bucks Tech Slide: What's Dragging Hong Kong Stocks Today Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ: JD), an Benzinga · Apr 27, 2022
Analysis: Will Elon Musk's Twitter Kowtow To Chinese Communist Party Influence? When Elon Musk first notified the U.S. Benzinga · Apr 26, 2022
Alibaba, Other Tech Peers Snap Losing Streak In Hong Kong: What's Driving Them Today? Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ: Benzinga · Apr 26, 2022
Game over? China’s game industry navigates post-crackdown era Beijing is continuing its strict oversight of the gaming sector despite lifting nine-month freeze on new titles. Al Jazeera · Apr 25, 2022
Alibaba, Other Tech Peers Slide For Fourth Session: What's Up With Hong Kong Tech Stocks Today? Shares of U.S.-listed Chinese tech firms Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ: JD), and Benzinga · Apr 22, 2022
Why Alibaba, Other Tech Peers Are Sliding For A Third Straight Day In Hong Kong Shares of U.S.-listed Chinese tech firms Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ: JD), and Benzinga · Apr 21, 2022
Benzinga · Apr 20, 2022 Alibaba Slips Alongside Tech Peers: What's Dragging Hong Kong Markets Today? Shares of U.S.-listed Chinese tech firms Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ:
Benzinga · Apr 19, 2022 Why Alibaba, Tech Peers Are Deep In The Red In Hong Kong Trading Today Shares of U.S.-listed Chinese tech firms Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), and Baidu Inc (NASDAQ: BID
Benzinga · Apr 15, 2022 Move Over Roblox, A Lego-Themed Metaverse For Kids Could Be Coming One of the most popular games for kids over the past five years has been Roblox, a PC and mobile game from Roblox Corp (NYSE: RBLX). Could a competing metaverse game from one of the most popular kids’ toys of all-time take market share away?
Benzinga · Apr 14, 2022 Tencent To Block Chinese Gamers' Access To Foreign, Unapproved Games: Reuters Tencent Holdings Ltd (OTC:TCEHY) looks to shut down a service that allowed Chinese gamers to access overseas platforms to play unapproved foreign games reflecting the growing regulatory crackdown, Reuters reports. The report noted Tencent aims to update its games speed booster mobile and desktop apps to new versions on May 31 to…
Benzinga · Apr 14, 2022 Why Alibaba Is Sliding, While Other Tech Stocks Are Rising In Hong Kong Today Shares of U.S.-listed Chinese tech firms JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC: TCEHY), and Baidu Inc. (NASDAQ:
Benzinga · Apr 13, 2022 Alibaba Slips, Tencent, Baidu Extend Gains: What's Weighing On Hong Kong Tech Stocks Today? Shares of U.S.-listed Chinese tech companies Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc.
Benzinga · Apr 12, 2022 Alibaba Slumps While JD, Tencent Strike Gains In Hong Kong Shares of U.S.-listed Chinese tech companies Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC:
Benzinga · Apr 8, 2022 Why This Chinese Internet Giant's Top Execs Took A Deep Pay Cut In 2021 Chinese technology, media and entertainment conglomerate Tencent Holdings Limited (OTC: TCEHY) is among the high-profile companies in the country to fac
Benzinga · Apr 8, 2022 China Cracks Down Upon Tencent, Other Tech Giants Over Algo Abuse; Questions Alibaba, Others To Address Job Cuts China looks to rein in the potential abuse of algorithms by internet giants from ByteDance Ltd to Tencent Holdings Ltd (OTC: TCEHY), Bloomberg reports. The Cyberspace Administration of China looks to inspect how social media platforms serve up ads and content to hook users, especially the large-scale websites, platforms, and products with significant influence.…
Benzinga · Apr 8, 2022 Here's Why Alibaba, Tencent Are Slumping For A Third Straight Day In Hong Kong Today Shares of U.S.-listed Chinese tech companies Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc.
Benzinga · Apr 7, 2022 Tencent To Bring Down Curtains On Game Streaming Service Tencent Holdings Ltd (OTC:TCEHY) looks to shut down its game streaming service citing a shift in its business strategy, Bloomberg reports. The streaming platform, called Penguin Esports, will terminate all services on June 7 after having already suspended new user registrations and in-app purchases. Tencent looks to compensate users by giving away…