Once-Bitten Investors Unconvinced China Tech Rebound Can Last
China’s tech stocks just had their best week since December. But for many investors who have been burned
2023-07-15 08:20
Chinese Tech Stocks Advance as Signs of Official Support Grow
China tech stocks advanced for fourth day in Hong Kong as gathering signs that the government’s long crackdown
2023-07-13 09:56
Ant to Buy Back Shares at 70% Lower Valuation Than at IPO
Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an
2023-07-08 10:56
China Ends Probe of Jack Ma-Backed Ant With $984 Million Fine
Chinese regulators imposed a 7.12 billion yuan ($984 million) fine on Ant Group Co., according to a statement
2023-07-07 20:57
Alibaba Surges on Report China to Unshackle Ant With Fine
Alibaba Group Holding Ltd. shares jumped in Hong Kong trading after Reuters reported that China is likely to
2023-07-07 14:58
Meituan Joins AI Race by Buying Co-Founder’s Months-Old Firm
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery
2023-06-30 08:45
China Lures Billionaires Into Race to Catch US in AI
China’s tech sector has a new obsession: competing with US titans like Google and Microsoft Corp. in the
2023-06-28 07:17
Microsoft-Activision Game Deal Will ‘Damage’ PlayStation, Sony Executive Says
Microsoft Corp.’s acquisition of Activision Blizzard Inc. will deliver a blow to Sony Group Corp’s console business and
2023-06-28 04:52
Naspers, Prosus to Undo Cross-Holding to Boost Share Price
Prosus NV and its parent Naspers Ltd. received approval from South African regulators to remove a cross-holding structure
2023-06-27 15:48
Baidu Claims Its Ernie Bot Now Beats ChatGPT on Key Measures
Baidu Inc.’s ChatGPT-style service has outperformed OpenAI’s seminal product on several measures, China’s search leader said on Tuesday.
2023-06-27 12:56
Saudi Arabia Is Investing $38 Billion to Become a Video-Game Hub
The Saudi Arabian government is betting $38 billion on the country’s potential to become the next hub for
2023-06-23 17:52
Saudi Arabia Becomes Largest Outside Shareholder of Nintendo
Saudi Arabia’s Public Investment Fund became the largest outside shareholder of Nintendo Co. on Friday, in the latest
2023-06-23 17:20