Adani Power Shares Rise After GQG Purchases $1.1 Billion Stake
Adani Power Ltd. shares rose after GQG Partners bought 8.1% of the firm’s total outstanding stock for about
2023-08-17 12:52
Michael Burry Exits Alibaba, JD.com Stakes in Portfolio Overhaul
Michael Burry’s Scion Asset Management exited its stakes in Alibaba Group Holding Ltd. and JD.com Inc. in the
2023-08-15 04:23
Alibaba’s Revenue Beat Estimates in First Step of Comeback
Alibaba Group Holding Ltd.’s revenue beat expectations after its core e-commerce arm returned to growth, a big step
2023-08-10 18:55
Alibaba, Tencent’s $66 Billion Party Starts to Fade
China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market
2023-08-09 08:59
Carlyle, GIC Skip Ant’s Buyback After Valuation Slumps 70%
A number of global investors including Warburg Pincus and Canada Pension Plan Investment Board are opting out of
2023-08-08 10:45
Paytm Founder Sharma to Buy 10.3% Stake From Ant Affiliate
Paytm founder Vijay Shekhar Sharma will buy a 10.3% stake from an affiliate of China’s Ant Group Co.,
2023-08-07 11:51
California Teachers’ Pension Keeps Shrinking Its Exposure to China
China dropped to the 19th place on the California State Teachers’ Retirement System ranking of country asset exposure,
2023-08-03 08:51
China Asks Tech Giants for Case Studies in Sign of Easing
China has asked its largest technology companies to provide case studies of their most successful startup investments in
2023-07-28 11:55
Saudis Make First Big Global Mining Bet With Vale Metals Stake
Saudi Arabia has made the first big deal in a push to deploy its vast wealth into the
2023-07-28 07:51
Alibaba to Stay on Sidelines of Ant’s $6 Billion Stock Buyback
Alibaba Group Holding Ltd. has decided not to sell any part of its one-third stake in Ant Group
2023-07-24 09:16
Tencent Billionaire Breaks Silence to Back China Private Sector
Billionaire Tencent Holdings Ltd. co-founder Pony Ma has penned a lengthy op-ed backing Chinese pledges to resuscitate the
2023-07-20 09:51
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