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Tag: HK:9988

China Sets New Rules for Overseas IPOs. What It Means for DiDi, Alibaba, and Others.

China Sets New Rules for Overseas IPOs. What It Means for DiDi, Alibaba, and Others.

February 20, 2023February 20, 2023 · Business

China has announced new rules on overseas IPOs, potentially sparking the resumption of Chinese companies listing in New York. Under the new rules, the China Securities Regulatory Commission…

Read more China Sets New Rules for Overseas IPOs. What It Means for DiDi, Alibaba, and Others.
Alibaba shares rise in Hong Kong after Jack Ma cedes control of Ant Group

Alibaba shares rise in Hong Kong after Jack Ma cedes control of Ant Group

January 8, 2023January 8, 2023 · Business

Shares of Alibaba Group Holdings are higher following news that co-founder Jack Ma is ceding control of affiliate company Ant Group Co., potentially paving the way to revive…

Read more Alibaba shares rise in Hong Kong after Jack Ma cedes control of Ant Group
Hong Kong stocks suffer worst single-day rout since 2008 as Xi consolidates power

Hong Kong stocks suffer worst single-day rout since 2008 as Xi consolidates power

October 24, 2022October 24, 2022 · Breaking News

Hong Kong stocks suffered their worst single session since the 2008 financial crisis after Chinese leader Xi Jinping tightened his grip on power. The Hang Seng HSI, -6.36%…

Read more Hong Kong stocks suffer worst single-day rout since 2008 as Xi consolidates power
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