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2 mins read
Where is Jack Ma? Questions arise about the billionaire’s whereabouts as Alibaba faces scrutiny from the Chinese government
Ma, who once held the tag of wealthiest man in Asia, has seen his net worth tumble. Ac…
1 min read
Alibaba shares slide in Hong Kong after it overhauls e-commerce businesses, appoints a new financial chief
The Chinese e-commerce giant is up against increased competition, a slowing economy and a regulator…
INSIDER,Reuters
2 mins read
Chinese stocks continue to melt down as spike in COVID-19 cases spurs new lockdowns and threatens global supply chain
Lockdowns spurred by a surge in COVID-19 cases shut down factories operated by Foxconn that are use…
Matthew Fox
1 min read
Jack Ma sends longest memo to Alibaba employees in 5 years
Reclusive billionaire cofounder Jack Ma has some words of encouragement for Alibaba Group employees.
Jordan Hart
1 min read
Jack Ma sees $3 billion erased from his net worth as Alibaba shares tank following Ant Group IPO delay
Even with today's drop in shares of Alibaba, Jack Ma is still worth about $54 billion, according to…
Matthew Fox
2 mins read
The Nasdaq could rise 10% as investors flee Chinese tech companies and flock to US stocks amid Beijing's crackdown, Wedbush says
Didi fell to a post-IPO low on Friday as Beijing considers unprecedented penalties on the ride-hail…
Matthew Fox
2 mins read
Jack Ma reportedly proposed a restructure at Alibaba, and it has echoes of what's been happening at Meta
Alibaba cofounder Jack Ma retired from the company in 2019, but he was back advising the company in…
Huileng Tan
2 mins read
Masayoshi Son says China's crackdown on Alibaba is nothing different than antitrust regulations in US or UK
Masayoshi Son, the founder and CEO of SoftBank, and a long-time friend of Alibaba founder Jack Ma, …
2 mins read
Jack Ma's Ant Group reportedly plans to transform into a financial holding company overseen by China's central bank
Jack Ma's Ant Group becoming a financial holding company would give Chinese regulators oversight of…
Grace Dean
2 mins read
Alibaba jumps as cloud business reports first-ever quarterly profit
Alibaba reported a $3 million profit from its cloud business for the December quarter on record-bre…
Will Daniel
1 min read
US hedge funds were caught off-guard by China's massive regulation-driven stock sell-off, Goldman Sachs finds
The five Chinese stocks most popular with US hedge funds included Alibaba, JD.com, Baidu, Didi, and…
Matthew Fox
2 mins read
Cathie Wood's $9 billion flagship Ark fund cut all exposure to China after Beijing started cracking down on Jack Ma
Ma angered Beijing after a critical speech in October 2020, prompting intense regulatory scrutiny o…
Huileng Tan
2 mins read
Jack Ma, the billionaire founder of Alibaba, disappeared from public view in 2020. He's been living in Tokyo for the past 6 months, a new report says.
Ma has been lying low since October 2020, when he gave a speech criticizing China's financial regul…
Huileng Tan
3 mins read
10 things you need to know before European markets open
Nadine, a humanoid created by Nanyang Technological University's Professor Nadia Thalmann and her t…
Ben Moshinsky
5 mins read
Jack Ma returned to China to visit a private school he founded, 2 years after he first vanished from public view amid Beijing's tech crackdown
Ma was last spotted in Thailand and Japan recently. The tech titan disappeared from public view aft…
Huileng Tan
2 mins read
Retail investors have bought $400 million of US-listed Chinese stocks this week, the largest inflow from individual traders in 5 years, research firm says
"Since the regulatory crackdown started, retail investors increased their buying on dips," said Van…