Business Jun 21, 2023
Jack Ma’s lieutenants return to oversee tough Alibaba reboot
Alibaba surprised markets by declaring Eddie Wu and Joseph Tsai will replace eight-year veteran CEO Daniel Zhang at the helm.
Business Apr 14, 2023
Xi pivot fails to stop exodus by big investors in China tech
Two pioneering financiers of China’s private sector — including SoftBank — have signaled in recent days their intentions to continue pulling back from marquee investments in the country.
Business Nov 5, 2022
SoftBank’s rally draws skeptics as tech stocks slump
Shares of the firm founded by Masayoshi Son rose this week to their highest in almost a year, thanks to cost-cutting efforts and a ¥1 trillion ($6.8 billion) share buyback program.
Business Aug 12, 2022
Tencent woes mount even after $560 billion selloff
Next week, Tencent will seek to assure investors about its outlook during second-quarter results. They won’t be easy to convince.
Asia Pacific / Science & Health Mar 21, 2022
Hong Kong lays out broad COVID easing plan as frustration rises
The sweeping changes in how Hong Kong handles its still active outbreak come as residents’ tolerance for COVID-19 restrictions begins to fade.
Business Sep 18, 2021
Casinos and Evergrande crises renew worries over China stocks
A soft rebound on Friday was small consolation for investors, with Hong Kong’s Hang Seng Index and the mainland’s CSI 300 gauge still ending the week down more than 3% each.
Business Jul 25, 2021
China crackdown makes Hong Kong index world’s biggest tech loser
An index launched a year ago to give investors greater exposure to China’s internet giants is now the world’s worst-performing major technology gauge. The Hang Seng Tech Index has been on a roller-coaster ride in the last 12 months. The gauge, which marks its one-year ...