Banking
There is ‘lack of confidence’ in market on Chinese banks’ balance sheets: Strategist
[ad_1] Sunil Garg of Lighthouse Canton shares his outlook for e-commerce company PDD and compares China's banks sector to that of India and Korea's.…
Tag: PDD Holdings Inc
Business
After doubts about Alibaba’s future, co-founder Joe Tsai says: ‘We’re back’
[ad_1] Chinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder Joe Tsai told…
Business
Alibaba was once a Wall Street darling. After plunging 75% over three years, what's next?
[ad_1] Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters…
Business
Wall Street’s new e-commerce darling just overtook Alibaba in market cap — one analyst says it's a 'standout growth stock'
[ad_1] Wall Street analysts are betting big on one Chinese e-commerce giant: PDD Holdings . Investment firms Morgan Stanley, JPMorgan and Morningstar have all…
Business
Portfolio manager explains why he has the ‘most conviction’ in this China tech stock
[ad_1] Chinese tech players like Baidu , Alibaba and Tencent have largely been viewed favorably by investors, even as the Asian powerhouse has been…
Banking
These big names in retail could get hit by Temu’s surging growth, Bank of America says
[ad_1] The explosive growth of Temu, the U.S. arm of Chinese e-commerce giant Pinduoduo , could spell trouble for some major retailers, according to…
World News
Chinese fast fashion retailer Temu overtakes Shein to dominate Japan and South Korea apps
[ad_1] A package from Temu is seen in front of a screen with the Temu logo. (Photo by Nikos Pekiaridis/NurPhoto via Getty Images) Nurphoto…
Business
Shares of Tencent-backed J&T Express fall in lackluster Hong Kong debut
[ad_1] Courier handing over package asking female customer to do electronic signature, delivering, receiving, efficiency 10’000 Hours | Digitalvision | Getty Images Shares of…
Business
Alibaba CEO warns of being ‘displaced’ if the Chinese tech giant doesn’t keep up in AI
[ad_1] Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen…
Business
Stocks making the biggest moves midday: Best Buy, Big Lots, Coinbase, Nio and more
[ad_1] Check out the companies making headlines in midday trading. Best Buy — Shares popped nearly 6% after the retailer’s fiscal second-quarter earnings beat…
Business
What China’s resilient big spenders are buying and the stocks that benefit
[ad_1] Imagine a consumer base roughly the size of the adult U.S. population. That’s approximately how large China’s “premium” consumer population is – and…
World News
China’s Shein denies U.S. IPO rumors
[ad_1] Two people hold two Shein bags after entering SHEIN’s first physical store in Madrid, Spain, June 2, 2022. Cezaro De Luca | Europa…