Alibaba Group

Exclusive: China set to fine Ant Group over $1 billion, signalling revamp nears end-sources

Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma's Ant Group, said six…

3 years ago

China tech shares sink as U.S. export curbs raise chip sector hurdles

Shares in Chinese tech giants Alibaba Group (9988.HK) and Tencent (0700.HK) as well as in chipmakers slumped on Monday, as investors were spooked by…

3 years ago

Analysis: U.S. ban on Nvidia, AMD chips seen boosting Chinese rivals

The U.S. ban on exports to China of Nvidia and AMD's flagship artificial intelligence chips will create new business opportunities…

3 years ago

EXCLUSIVE Alibaba cuts a third of deals team staff after regulatory crackdown-sources

Alibaba Group (9988.HK) is cutting over a third of staff in its in-house deals team, four people with knowledge of the matter…

3 years ago

JPMorgan to boost Asia private banking headcount by over 100 this year – sources

JPMorgan Chase & Co (JPM.N) plans to boost its private banking business headcount in Asia by more than 100 this year, two…

4 years ago

Tencent hands shareholders $16.4 bln windfall in the form of JD.com stake

Chinese gaming and social media company Tencent (0700.HK) will pay out a $16.4 billion dividend by distributing most of its JD.com (9618.HK) stake, weakening…

4 years ago

China’s Alibaba pledges carbon neutrality by 2030

Alibaba Group (9988.HK) will aim to achieve carbon neutrality in its own operations and slash emissions across its supply chains and transportation…

4 years ago

Australia considering new laws for Apple, Google, WeChat digital wallets

The Australian government is considering new laws that would tighten the regulation of digital payment services by tech giants such…

4 years ago

SoftBank sells 45 mln shares in Uber – source

SoftBank (9984.T) is selling about 45 million of its shares in Uber Technologies Inc (UBER.N), a source familiar with the…

4 years ago

EXCLUSIVE Weibo chairman and state firm plan to take China’s Twitter private -sources

Weibo Corp (WB.O) Chairman Charles Chao and a state investor are in talks to take the Nasdaq-listed Chinese social media…

4 years ago