Stock market movements on an electronic screen in New York, USA. Goldman Sachs Group Inc. sold $ 10.5 billion worth of shares in block trading on Friday, part of an extraordinary selloff …
Read More »China’s tech giants dive as delisting threat joins fears of repression
Tech giants of Tencent Holdings Ltd. a Alibaba Group Holding Ltd. took the plunge after US regulators revived threats to evict China’s largest corporations from US exchanges, compounding concerns of a growing …
Read More »The SEC begins implementing a law that puts the elimination of Chinese stocks at risk
Baidu headquarters in Beijing. Photographer: Qilai Shen / Bloomberg Photographer: Qilai Shen / Bloomberg The threat of Chinese stocks being pushed off the US stock exchanges is gaining ground, with the The …
Read More »Baidu CEO Creates $ 66 Billion Comeback After Missteps
Baidu Inc.’s stock offering in Hong Kong on Tuesday marks an unlikely resurgence for founder Robin Li, who has struggled to regain his relevance in China’s tech industry after squandering a near-monopoly …
Read More »US calls drop plan for Alibaba, Tencent Investing Ban
US officials deliberated but eventually decided against banning US investment Alibaba Group Holding Limited and Tencent Holdings Ltd., a person familiar with the discussions, said, removing the cloud of uncertainty over Asia’s …
Read More »Beijing Foxconn embrace has a nuance of despair
Just look at that list of investors in the IPO of Foxconn Industrial Internet Co. Forget BAT. It was obvious that Baidu Inc., Alibaba Group Holding Ltd. and Tencent Holdings Ltd. would …
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