Alibaba

Hong Kong's first de-Spac listing still leaves sector in limbo - THE EDGE SINGAPORE

SPACs

Hong Kong's first de-spac listing still leaves sector in limbo

The other 13 special vehicles that have applied for listings in the Asian financial hub making little headway
SGX launches depository receipts for five Hong Kong stocks, including Alibaba, BYD - THE EDGE SINGAPORE

Markets

SGX launches depository receipts for five Hong Kong stocks, including Alibaba, BYD

SGX has launched Hong Kong SDRs for five mega-cap companies: BYD Company, HSBC, Bank of China, Alibaba and Tencent.

Hong Kong

Alibaba to convert Hong Kong listing to primary next week

The manoeuvre expected to attract billions of dollars in investment from mainland China.

Tech

Huawei profit surges as it takes share from Apple and Alibaba

The results underscore how Huawei, the target of US sanctions for years, has progressed in navigating through the challenges

Global Economy

Briefs: Singapore’s headline inflation rebounds to 3.7% y-o-y; Jack Ma boosts Alibaba with stock purchase

Other stories include a Trump win in New Hampshire and India topping Hong Kong to become the world's fourth largest stock market.
OCBC becomes first bank in Singapore to offer cross-border payments for customers through Alipay+ - THE EDGE SINGAPORE

Banking & finance

OCBC becomes first bank in Singapore to offer cross-border payments for customers through Alipay+

This partnership is OCBC’s latest cross-border payments collaboration, following its partnership with UnionPay earlier this year.

Artificial Intelligence

Baidu and Alibaba spearheading China’s AI charge, but chip curbs to hurt: Morningstar

Given the challenge of preventing hallucination in AI models, the AI industry is expected to be heavily regulated in China.

China Focus

Alibaba unit to hire 2,000 graduates as big tech crackdown eases

China suspended publishing data on its soaring youth unemployment rate in July
Alibaba shares surge after historic overhaul heralds IPO wave - THE EDGE SINGAPORE

Company in the news

Alibaba shares surge after historic overhaul heralds IPO wave

Alibaba Group Holding's US shares surged 12% after it announced plans to split its US$220 billion empire into six units.

Digital Economy

Sea to fire 3% of Shopee Indonesia staff as layoffs start

Sea’s Shopee division, in particular, has pulled back from major markets in Europe and Latin America
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