Asia Archives - Page 113 of 119

2 minute read

Alibaba Slips 1%, Nio, XPeng Rise Over 3%: Hang Seng Opens Firmer After Mixed Wall Street Session

August 4, 10:27 PM

Hong Kong’s benchmark Hang Seng Index opened in the green on Friday, gaining 0.3% in morning trade, even as Wall Street ended on a mixed note overnight ahead of the release of a U.S. jobs report.

BABA

2 minute read

Nio Gets Closer To Making Smartphones By Setting Up $100M Mobile Tech Firm

By Bhavik Nair

August 4, 9:09 PM

Nio Inc (NYSE: NIO) has incorporated a new arm that could possibly aid the Chinese electric vehicle maker's efforts to manufacture smartphones, CnEVPost reported on Thursday.

AAPL

1 minute read

Why Alibaba Stock Is Rising Today

By Adam Eckert

August 4, 3:28 PM

Alibaba Group Holding Ltd (NYSE: BABA) shares are trading higher Thursday after the company announced better-than-expected financial results.

BABA

2 minute read

Alibaba Surges Over 5% Ahead Of Earnings As Hang Seng Tracks Wall Street Higher

By Bhavik Nair

August 3, 10:29 PM

Hong Kong’s benchmark Hang Seng Index rose over 2% in opening trade on Thursday, following an upbeat session on Wall Street overnight.

BABA

2 minute read

SoftBank Group Raises $22B Through Deals That Would Slash Its Alibaba Stake

By Bhavik Nair

August 3, 9:02 PM

Japanese multinational conglomerate SoftBank Group Corp (OTC: SFTBY) has raised $22 billion in cash through deals that would significantly trim its stake in Alibaba Group Holding Ltd. (NYSE: BABA

BABA

2 minute read

China Might Slow Global Tech Supply Chain More As Response To Pelosi’s Taiwan Trip, Munster Warns

By Shanthi Rexaline

August 3, 4:56 AM

Political tensions between the U.S.

XLK

2 minute read

Alibaba-Backed Zomato Crashes Despite Narrowing Loss Over Reports Uber Might Cut Stake: What’s Next?

By Bhavik Nair

August 3, 2:36 AM

Shares of Indian food delivery app Zomato Ltd crashed up to 9.6% in opening trade on the BSE following reports Uber Technologies Inc (NYSE: UBER) is looking to sell its entire stake in the firm for up to $373 million.

BABA

2 minute read

Are There Opportunities In Emerging Markets, Metaverse Or Crypto Right Now? What Legendary Investor Mark Mobius Thinks

By Bhavik Nair

August 3, 2:13 AM

Emerging markets expert and founder of Mobius Capital Partners, Mark Mobius, is not piqued by the metaverse but thinks the companies that are creating it could be an interesting opportunity. He also had a lot to say on other topics such as cryptocurrency and recession.

BTC

2 minute read

Alibaba, JD Surge Over 3% As Earnings Come Into Focus: Hong Kong Traders Shrug Off Pelosi-Linked Taiwan Tensions

By Bhavik Nair

August 2, 10:20 PM

Shares of Alibaba and JD.com rose over 3% in Wednesday morning opening trade, with Hong Kong’s benchmark Hang Seng Index also beginning on a positive note, gaining 0.91%. Alibaba is set to release its June-quarter earnings on Thursday.

BABA

1 minute read

What Alibaba, Tencent And Baidu’s June-Quarter Earnings May Look Like

By Bhavik Nair

August 2, 8:58 PM

Alibaba Group Holding Ltd. (NYSE: BABA) is expected to post its first quarterly revenue decline on Thursday morning, with the firm grappling with an uncertain regime and a consumer crisis that is hurting the world’s second-largest economy, reported

BABA