JD.com set up an Innovative Retail division that houses its grocery business 7Fresh. Bloomberg | Bloomberg | Getty Images Hong Kong-listed shares of Chinese online retailer JD.com climbed…
Read more JD.com shares climb after announcing $5 billion share buyback, outperforming decline in Hang Seng(Bloomberg) — Walmart Inc. raised about $3.6 billion by selling its stake in Chinese e-commerce firm JD.com Inc., winding down an eight-year partnership that appears to be paying…
Read more Walmart’s $3.6 Billion JD.com Sale Fuels China Tech SlumpDemocratic vice presidential candidate and Minnesota Governor Tim Walz (L), and Republican Vice Presidential candidate Sen. JD Vance (R-OH). Getty Images Housing Affordable housing is an important topic…
Read more Tim Walz vs. JD Vance: What the 2024 presidential running mates could mean for your walletThe Foot Locker logo is displayed in a store on May 19, 2023 in San Francisco, California. Justin Sullivan | Getty Images Shares of Foot Locker fell in…
Read more Foot Locker shares fall after heavy promotions lead to holiday-quarter lossesWall Street analysts are betting big on one Chinese e-commerce giant: PDD Holdings . Investment firms Morgan Stanley, JPMorgan and Morningstar have all raised their price target for…
Read more Wall Street’s new e-commerce darling just overtook Alibaba in market cap — one analyst says it's a 'standout growth stock'Chinese tech players like Baidu , Alibaba and Tencent have largely been viewed favorably by investors, even as the Asian powerhouse has been experiencing slower growth. One tech…
Read more Portfolio manager explains why he has the ‘most conviction’ in this China tech stockTencent sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | Reuters BEIJING — Corporate earnings releases are picking…
Read more What China’s big earnings say about the consumerA Solarpro employee installs a SolarEdge Technologies Inc. inverter at a residential property in Sydney, May 17, 2021. Brendon Thorne | Bloomberg | Getty Images Check out the…
Read more Stocks making the biggest moves midday: SolarEdge Technologies, Humana, Starbucks, Robinhood and moreJD.com has become the latest Chinese tech giant to announced plans for a ChatGPT-style product, joining the hype around the chatbot technology. Qilai Shen | Bloomberg | Getty…
Read more Consumption soft even amid deep discounts during major China shopping festival, analysts sayPeople wearing face masks crossing a street at Hong Kong’s Wan Chai district on Feb. 16, 2021. Zhang Wei | China News Service | Getty Images Hong Kong’s…
Read more Hong Kong stocks enter bear market territory as China reopening optimism continues to fadeAlibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning. Bloomberg | Bloomberg | Getty…
Read more Alibaba plans to list cloud division as quarterly revenue misses expectationsMichael Burry, known for calling the subprime mortgage crisis, bought a number of regional banks last quarter, betting the industry could weather the crisis, according to a new regulatory…
Read more ‘Big Short’ Michael Burry bought a slew of regional banks last quarter amid banking crisisPictured here is a shopping street in Shenzhen, China, on Thursday, March 30, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China’s economic recovery is taking longer…
Read more China’s recovery is taking longer than expected, so Citi is pushing back its stock rebound forecastsChinese technology stocks led gains in Asia-Pacific on Wednesday’s as Hong Kong listed shares of Alibaba jumped, one day after the company announced a major revamp to split…
Read more Alibaba’s revamp puts renewed focus on Ant Group’s suspended IPOSignage at the Alibaba Group Holding Ltd. offices in Beijing, China, on Tuesday, Jan. 17, 2023. Bloomberg | Bloomberg | Getty Images Hong Kong-listed shares of Alibaba surged…
Read more Alibaba shares soar 15% in Hong Kong on news of major overhaulA display at the World Artificial Intelligence Conference (WAIC) in Shanghai, China, on Friday, Sept. 2, 2022. Bloomberg | Bloomberg | Getty Images BEIJING — The business story…
Read more China tech companies are closely watching ChatGPT’s A.I. skills. Here’s what they’re doing about itRetailers in China including JD.com and Suning have cut the price of Apple’s iPhone 14 Pro and Pro Max. It comes after China’s smartphone market had its worst…
Read more Retailers in China enact rare price cuts for Apple’s high-end iPhone 14 lineChinese telecommunications giant Huawei saw revenue decline in 2021 for the first time on record. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese telecommunications giant Huawei is…
Read more Huawei turns to patents for a lifeline — including those in the U.S.Shoppers walk through a street market in Hong Kong, China, on Sunday, Jan. 30, 2022. Photographer: Chan Long Hei/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images…
Read more Hong Kong stocks off to best start since 2018 on China recovery hopesThe central China city of Taiyuan saw its GDP grow by 10.9% year-on-year in the first three quarters of 2022. Pictured here is a screen displaying details of…
Read more China’s economy looks different than it was going into the pandemic
