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: Alibaba shares jump in Hong Kong after record antitrust fine by China

Shares of Alibaba Group Holdings Ltd. surged more than 5% Monday in Hong Kong trading, after the e-commerce giant was fined a record $2.8 billion by China's antitrust regulator......»»

Category: topSource: marketwatchApr 11th, 2021

Zhihu sets IPO terms, as the Hong Kong-based online community looks to raise up to $633 million

Zhihu Inc. has set terms of its initial public offering in the U.S., as the Hong Kong-based Q&A-inspired online content community looks to raise up to $632.5 million. The company is offering 55 million American depositary shares, representing 27.5 milli.....»»

Category: topSource: marketwatchMar 19th, 2021

The Wall Street Journal: TikTok rival Kuaishou soars in Hong Kong IPO

Shares in Kuaishou Technology nearly tripled from their IPO price in early trading Friday, implying a market value of more than $160 billion, versus nearly $61 billion when the share sale was priced......»»

Category: topSource: marketwatchFeb 5th, 2021

Alibaba Shoots Up 8.5% As Jack Ma Makes First Public Appearance In Months

Alibaba Group Holding Ltd (NYSE: BABA) shares traded nearly 8.5% higher in Hong Kong at press time after the company’s founder Jack Ma made an online public appearance after months. read more.....»»

Category: blogSource: benzingaJan 20th, 2021

: Alibaba raises stock buyback plan to $10 billion, but shares continue to sink

Alibaba Group Holding Ltd. raised its stock repurchase program late Sunday from $6 billion to $10 billion, but shares still sank in Hong Kong trading amid a antitrust investigation by Chinese regulators......»»

Category: topSource: marketwatchDec 27th, 2020

: Alibaba shares sink in Hong Kong as China launches antitrust probe

AFP/Getty ImagesBEIJING — Chinese regulator launches anti-monopoly probe of e-commer.....»»

Category: topSource: marketwatchDec 23rd, 2020

Newly public Oriental Culture, Scopus BioPharma stocks more than triple ahead of the open

Shares of Oriental Culture Holding Ltd. more than tripled (up 204.3%) in premarket trading Thursday, as the Hong Kong-based provider of collectibles and artwork e-commerce services heads for its third session as a public company.....»»

Category: topSource: marketwatchDec 17th, 2020

China Life Insurance Company Limited Announces 2019 Annual Results (H Shares)

HONG KONG, March 25, 2020 /PRNewswire/ -- China Life Insurance Company Limited ((SSE: 60162.....»»

Category: earningsSource: benzingaMar 25th, 2020

Uber stock surges 30% after company touts cost advantages, says Hong Kong business is recovering

Shares of Uber Technologies Inc. are surging almost 30% in Thursday trading after the company held an investor call to provide .....»»

Category: topSource: marketwatchMar 19th, 2020

Burberry says coronavirus hurting luxury demand

Burberry said the outbreak of the coronavirus was hitting luxury demand in China and Hong Kong, both important markets for the British fashion brand, sending its shares lower for a second day in a row......»»

Category: topSource: moneycentralFeb 7th, 2020

Carnival shares slide on Italian report that couple quarantined on cruise

Shares of Carnival slumped in premarket as well as London trade after the Italian news service Ansa reported a couple from Hong Kong were quarantined on a cruise near the Italian coast. Only one has flu symptoms, which were.....»»

Category: topSource: marketwatchJan 30th, 2020

Hong Kong stocks pull Asian shares lower but futures offer hope

Asian shares fell on Wednesday as a spike in new Chinese virus cases sent Hong Kong stocks tumbling and added to worries about the economic impact of the outbreak......»»

Category: topSource: reutersJan 29th, 2020

Asian shares turn red as Hong Kong tumbles on China virus

Asian shares erased earlier gains on Wednesday, swinging into negative territory as a spike in new Chinese virus cases sent Hong Kong stocks tumbling and fueled fears about the economic impact of the outbreak......»»

Category: topSource: reutersJan 29th, 2020

Here"s why one stock is 5 times more expensive in Shanghai than it is in Hong Kong

Bobby Yip/Reuters China brokerage CSC Financial trades at a five-times higher price in Shanghai compared to its shares on Hong Kong's exchange, Bloomberg first reported. CSC traded at 6.73 Hong Kong dollars (87 cents) per share.....»»

Category: topSource: businessinsiderJan 8th, 2020

CNN reporter shares photo as Democratic debate "goes to black" in Beijing when Hong Kong and Xinjiang were discussed

Anthony Kwan/Getty Images CNN's livestream went black in Beijing during the Democratic debate when candidates began talking about protests in Hong Kong and China's.....»»

Category: topSource: businessinsiderDec 20th, 2019

Alibaba raises further $1.7 billion in over-allotted shares in HK listing

Chinese e-commerce giant Alibaba said on Tuesday it has raised an additional HK$13.17 billion ($1.68 billion) by exercising the over-allotment option in its Hong Kong secondary listing......»»

Category: topSource: reutersDec 3rd, 2019

China First Capital Continues Epic Crash In Hong Kong As Chairman Offloads More Shares

China First Capital Continues Epic Crash In Hong Kong As Chairman Offloads More Shares Last week we reported how China First Capital Group, an investment holding company, saw.....»»

Category: blogSource: zerohedgeDec 2nd, 2019

Global shares tick up as hopes for Sino-U.S. breakthrough stay intact

Global shares ticked up on Monday and oil rebounded after a big fall late last week, as investors clung to hopes Beijing and Washington could reach a compromise in trade talks although increasing tensions over Hong Kong unsettled market confidence......»»

Category: topSource: reutersDec 1st, 2019

Stocks shy from breaking new highs as trade mood darkens

Asian shares slipped on Friday, knocking a global stock index off its path to hitting an all-time peak as investors turned cautious, fearing a new U.S. law backing Hong Kong protesters could torpedo efforts to end the U.S.-China trade war......»»

Category: topSource: reutersNov 29th, 2019

Stocks hesitate just short of new peaks as clouds darken over U.S.-China ties

Asian markets slipped on Friday leaving global shares just short of an all-time peak as investors turned cautious, fearing a new U.S. law backing Hong Kong protesters could torpedo efforts to end the U.S.-China trade war......»»

Category: topSource: reutersNov 29th, 2019