Alibaba

Emerging Markets

China regulator approves Ant Group's HK IPO: IFR

China’s securities regulator has reportedly approved financial tech firm Ant Group’s Hong Kong's IPO.

Tech

Funds pounce on Chinese tech selloff

“The U.S. ban on Chinese internet companies will have little impact on the revenue and earnings of most listed Chinese internet companies,” - Jian Shi Cortesi, fund manager at GAM Investment Management in Zurich

Equity raising

Alibaba Health raises $1.78 billion in Hong Kong's biggest secondary share sale in 5 years

Alibaba Health Information Technology has raised nearly $1.78 billion in Hong Kong’s largest follow-on share sale in five years.

Funds

Top fund manager hunts for next Alibaba in Southeast Asia

SooHai Lim is bullish on e-commerce in Southeast Asia, so much so that he sees the region coming up with its own version of Alibaba Group Holding Ltd.

Tech

The tech behind China's new digital currency

Unlike cryptocurrencies, which use distributed ledgers and strong cryptography to capture details of coin ownership and transaction, PBOC favours a centralised ledger model that will record and monitor transactions.

Tech

Global financial watchdogs take aim at Big Tech's data dominance

(Dec 9): Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition.

Disruption and Digitalisation

CapitaLand launches new retail concept store at Plaza Singapura

SINGAPORE (Nov 8): CapitaLand today announced the opening of NomadX: a double-storey, 11,000 sqft multi-label concept store at Plaza Singapura that puts forth “a new blend of physical and digital experience” with a combination of olfactory, audio-visu

US stocks

Starbucks to implement 'significant changes' to company structure

(Sept 25): Starbucks Corp. is planning an organisational shake-up, including corporate layoffs that will start at top levels, as the coffee chain tries to reverse stagnant sales and rekindle investors’ interest.

US-China trade war

Alibaba's Jack Ma says can't meet promise to create 1 million US jobs

SAN FRANCISCO (Sept 20): Alibaba Chairman Jack Ma said the company can no longer meet its promise to create one million jobs in the United States due to US-China trade tensions, Chinese news agency Xinhua reported on Wednesday.
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