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The China News Database was last updated at 01:50PM on November 9, 2023.
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1,796 articles matching the search query.
Hong Kong stocks rebound on China growth signals as Alibaba, Kuaishou rally
Local stocks overturned losses to chart a third day of advance, lifting the Hang Seng to near a four-week high. Gains in Alibaba Group and Kuaishou also aided the market.
Alibaba to Become More Capital Than Business Operator
Alibaba wrapped up a conference call with chairman and CEO Daniel Zhang. He says the company is considering gradually giving up control of some of its main businesses after completing a major overhaul to create six new companies. Stephen Engle reports on Bloomberg Television. (Source: Bloomberg)
Alibaba Weighs Ceding Control of Some Businesses Over Time
Alibaba Group Holding Ltd. will consider gradually giving up control of some of its main businesses, after completing a major overhaul to create six new companies that may debut on public markets.
China’s Alibaba Breaks into Six Units as Founder Jack Ma Returns from Exile
China’s Alibaba Group announced on Tuesday that it will split up into six different units, a dramatic restructuring for the tech giant.
Alibaba shares could more than double in a 'blue sky scenario' after company split, JPMorgan says
The Wall Street firm said the Chinese tech stock has even further upside over the medium- and long-term.
Alibaba stock continues to climb after announcement of six-way business split
Yahoo Finance Live’s Rachelle Akuffo compares Alibaba's newly announced six-way business split to tech giant Google's own subsidiary spin-offs.
Alibaba Spinoffs Bring Some Hope to Hong Kong’s Tepid IPO Market
(Bloomberg) -- Alibaba Group Holding Ltd.’s decision to break its $220 billion empire into six units and potentially list them is spurring hopes of a much needed boost to Hong Kong’s IPO market.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesUBS Veteran Ermotti Returns to Lead Credit Suisse TakeoverMcKinsey Starts Cutting 1,400 Jobs This Week in RestructuringThe financial hub’s advant
For Alibaba, Six Is Bigger Than One—And a Smaller Target
There are good reasons to think that a split-up Alibaba would be more valuable. In this case, politics and profits are pointing in the same direction.
MORNING BID AMERICAS-Bank calm, rates firm, Alibaba steals show
A semblance of calm has returned to world markets in the final week of the first quarter as the banking storm abates and the spotlight switched to a share-boosting six-way revamp of Chinese e-commerce giant Alibaba. Investors cheered the surprise move from Alibaba as a sign Beijing's corporate crackdown may be nearing an end, sending shares of the Jack Ma-founded firm and peers soaring. The fresh focus offered some distraction from weeks of banking stress, which appeared to ease this week as regulators in the United States and Europe closed ranks and insisted no systemic problems were detected as they investigated why the failures unfolded without action in the first place.
Shares rise as bank support cheers investors
NEW YORK/LONDON (Reuters) -Global shares rose on Wednesday as the equity market took heart from greater stability in the banking sector, while Treasury yields reversed course and fell, even as uncertainty still lingered among bond investors over the economic outlook. The sale of assets in Silicon Valley Bank (SVB), the regional U.S. lender that collapsed earlier this month, has helped prop up risk appetite among stock investors.
SoftBank shares jump on Alibaba split-up plans
Shares in SoftBank Group Corp soared on Wednesday after Chinese e-commerce conglomerate Alibaba Group, in which the Japanese technology investor has a 13.7 % stake, announced a major restructuring plan. SoftBank shares were up 5.6% in afternoon trade, on track to post the biggest percentage gain in five months. Alibaba shares were up 13.2%.
Alibaba Options Pop After Company Announces Split
Alibaba will split into six businesses
Marketmind: Alibaba fires up market mood
A look at the day ahead in European and global markets from Anshuman Daga Just as investor angst over U.S. and European banking troubles eases, the potential end of China's multi-year regulatory crackdown on the tech sector is also cheering up markets. An unprecedented revamp of Chinese tech conglomerate Alibaba Group, which analysts believe to have the blessings of local regulators, pushed up Alibaba's U.S.-listed stock, and then its Hong Kong shares on Wednesday. Companies in China's internet, private education and property sectors have lost billions of dollars in market value in recent years as the country's regulators cracked down on their operations.
Strong Earnings From Lululemon And Alibaba Splitting
It was a slow Tuesday with stocks largely unchanged.
Alibaba CEO: Expect multiple IPOs after company’s major overhaul
In a video interview with Chinese media, Daniel Zhang says he hopes there will be ‘multiple listed companies emerging from the Alibaba system’.
Tencent's WeChat Empire Would Be Hard to Break Up Like Alibaba
Alibaba added $32 billion to its value, made investors and IPO bankers salivate, and likely appeased Beijing. And all it had to do was chop itself into pieces. Could Tencent pull a similar move?
The Alibaba Bounce: The Bloomberg Close, Asia Edition
Good afternoon. Here’s what you need to know to end your day.
Alibaba to split into six units, paving way for separate listings · TechNode
Alibaba announced on Tuesday that it intends to split its operations into six standalone units, each managed by a different chief executive. CEO Daniel
Blue Lotus Capital Advisors on Alibaba
Shawn Yang, Managing Director at Blue Lotus Capital Advisors, tells Rishaad Salamat and Yvonne Man that Alibaba's restructure could be good for the stock's valuation. He appears on "Bloomberg Markets Asia". (Source: Bloomberg)
