Alibaba's Cainiao eyes Hong Kong IPO for expansion
Cainiao, the logistics arm of Chinese e-commerce giant Alibaba (NYSE:BABA), is planning an initial public offering (IPO) in Hong Kong as part of its strategy for expansion and...
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Alibaba ADR News & Analysis
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Dow Jones Newswires: Alibaba’s logistics unit files for Hong Kong IPO
Alibaba Group Holding's e-commerce logistics arm has filed an initial prospectus for an initial public offering in Hong Kong.
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Midday movers: Amazon, Tesla, United Natural Foods and more
Investing.com -- U.S. stocks sank on Tuesday as investors feared the effects of interest rates staying higher for longer and the fallout from a possible government shutdown this weekend if...
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U.S. stocks are down on interest rate and government shutdown fears
Investing.com -- U.S. stocks were falling on Tuesday, adding to losses for the month as investors worried about interest rates staying higher for longer and about the potential effects of a...
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U.S. stocks are falling on interest rate and government shutdown fears
Investing.com -- U.S. stocks were falling early Tuesday, adding to losses for the month as investors worried about interest rates staying higher for longer and about the potential effects of...
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Alibaba Logistics Arm Files HK IPO, First Among Spinoff Units - Bloomberg
Alibaba Logistics Arm Files HK IPO, First Among Spinoff Units - Bloomberg
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Alibaba unveils plan to list Cainiao logistics arm as part of sweeping overhaul
Investing.com -- Alibaba has announced that it plans to list its Cainiao logistics division on the Hong Kong Stock Exchange, signalling a major advancement in a massive shakeup of the...
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Tesla, United Natural Foods, Snap fall premarket; Fisker, DraftKings rise
Investing.com -- U.S. futures fell Tuesday, with investors dealing with the fallout from the Federal Reserve's hawkish policy update last week as well as a potential government...
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Alibaba's logistics arm, Cainiao, to file for Hong Kong IPO
Cainiao Network Technology Co, the logistics subsidiary of Alibaba (NYSE:BABA) Group Holding Ltd, is expected to file for its initial public offering (IPO) in Hong Kong as early as next...
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Chinese e-commerce giant Alibaba plans to list its logistics unit Cainiao in Hong Kong
Alibaba plans to list its logistics unit Cainiao on the Hong Kong Stock Exchange, the Chinese e-commerce giant said in a regulatory filing Tuesday.
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Alibaba's shipping subsidiary Cainiao gears up for Hong Kong IPO, shares surge
Alibaba (NYSE:BABA) Group Holding Ltd. saw its shares surge by over 5% on Friday following the announcement of plans for an initial public offering (IPO) of its shipping subsidiary,...
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Wall St falls, reversing early gains as rebound loses steam
By Stephen Culp NEW YORK (Reuters) - Wall Street turned lower on Friday, reversing an early rebound from Thursday's steep sell-off, and benchmark Treasury yields backed down off 16-year...
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Midday movers: Ford Motor, Activision Blizzard, Citigroup and more
Investing.com -- U.S. stocks are rebounding, pulled higher by the tech sector, as investors continue to digest the Federal Reserve's message that interest rates will stay higher for...
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Activision Blizzard, Roku, Wayfair and Citi rise premarket; Ford falls
Investing.com -- U.S. futures edged higher Friday, ending a difficult week punctuated by a hawkish Federal Reserve meeting on a positive note. Here are some of the biggest premarket U.S....
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Alibaba's Cainiao Plans To File For $1 Billion+ HK IPO Soon - Bloomberg
(Updated - September 22, 2023 4:43 AM EDT) Alibaba 's (NYSE:BABA) Cainiao Plans To File For $1 Billion+ HK IPO Soon - BloombergThe logistics arm of Alibaba Group Holding Ltd., is...
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Boeing revises China's long-term aircraft demand forecast upward amid domestic travel growth
Boeing (NYSE:BA), the American aerospace manufacturer, has recently updated its long-term demand projection for China, anticipating a substantial expansion in the country's commercial...
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SoftBank enters new phase with successful Arm Holdings IPO
Japanese multinational conglomerate SoftBank (TYO:9984) Group has embarked on a new chapter in its history following the successful stock offering of Arm Holdings (NASDAQ:ARM) last week....
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Nasdaq leads Wall St lower as chip-equipment, growth stocks drag
By Ankika Biswas and Shristi Achar A (Reuters) - Nasdaq led Wall Street lower on Friday as shares of chip-equipment makers fell after the world's top semiconductor firm, TSMC, asked its...
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Arm China 'doing well,' CEO says, even as SoftBank's Masa Son reduces China exposure
Arm's China subsidiary is "doing well" with strong potential in data center and automotive applications, despite the geopolitical tumult of the last few years, Arm Holdings CEO Rene Haas...
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Starbucks says former CEO Schultz to leave board; adds director
Investing.com -- Starbucks Corporation (NASDAQ:SBUX) said chairman emeritus Howard Schultz would step down from its board effective today as part of a planned transition. Shares were down 1%...
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Alibaba's new CEO Wu promotes AI to top priority
Alibaba Group Holding Ltd. (NYSE:BABA) is placing a strong emphasis on artificial intelligence (AI) and user experience under the leadership of new Chief Executive Officer Eddie...
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New Alibaba Group CEO lays out strategic priorities for staff
By Casey Hall SHANGHAI (Reuters) -New Alibaba (NYSE:BABA) Group CEO Eddie Wu has told staff the tech giant's two main strategic focuses going forward will be "user first" and "AI-driven",...
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JPMorgan maintains Alibaba ADR at 'overweight' with a price target of $150.00
An analyst from JPMorgan maintained Alibaba ADR (NYSE: BABA) at 'overweight' with a price target of $150.00 from a prior price target of $140.00. Prior to this rating, Alibaba ADR had 42...
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Alibaba stock slides after ex-CEO abruptly quits cloud unit ahead of IPO
By Josh Ye and Donny Kwok HONG KONG (Reuters) -Alibaba's stock lost more than 4% in Hong Kong on Monday after ex-group CEO Daniel Zhang quit just two months after concentrating his focus on...
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Midday movers: Tesla, Apple, Hostess Brands and more
Investing.com -- U.S. stocks were rising on Monday, led by tech stocks as investors awaited a fresh inflation data that could guide future Federal Reserve monetary action. Here are some of...
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U.S. stocks rise on hopes for Fed rate pause; inflation data in view
Investing.com -- U.S. stocks were rising on hopes the Federal Reserve will leave rates unchanged when it meets this month, as investors anticipate nearing the end of its interest rate...
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Tesla, Apple, Hostess Brands, Boeing rise premarket; Alibaba falls
Investing.com -- U.S. futures traded slightly higher Monday, ahead of the release this week of fresh inflation data which could give guidance of future Federal Reserve monetary action. Here...
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Dow futures edge higher; fresh inflation data, tech sector in focus
Investing.com -- U.S. stock futures edged higher Monday, bouncing after the previous week’s losses with investors awaiting the release of key inflation data as well as more earnings from the...
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Alibaba slumps after cloud unit CEO Daniel Zhang unexpectedly quits; Morgan Stanley highlights increased uncertainty
Investing.com -- Shares of Alibaba Group (HK:9988) (NYSE:BABA) slumped in Hong Kong trade on Monday after the e-commerce giant said that outgoing chief executive Daniel Zhang will also...
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European stocks higher; ECB meeting, U.S. inflation to guide sentiment
Investing.com - European stock markets traded higher Monday, with investors cautiously awaiting the latest policy-setting meeting by the European Central Bank later in the week. At 03:35 ET...
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Asian stocks dip as U.S. inflation looms, Alibaba leads tech losses
Investing.com-- Most Asian stocks edged lower on Monday as markets remained risk-averse before more cues on U.S. inflation and interest rates, while Alibaba logged steep losses after its...
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Asian stock markets soften ahead of U.S. inflation data
Asia's stock markets were softer on Monday, with investors awaiting the U.S. inflation data for September to gauge the Federal Reserve's next moves on interest rates. MSCI's broadest index...
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Alibaba slumps after cloud unit CEO Daniel Zhang unexpectedly quits
Investing.com-- Shares of Alibaba Group (HK:9988) (NYSE:BABA) slumped in Hong Kong trade on Monday after the e-commerce giant said that outgoing chief executive Daniel Zhang will also...
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Dow Jones Newswires: Alibaba’s ex-chairman Daniel Zhang steps down as CEO of cloud business unit
Alibaba Group Holding's former chairman Daniel Zhang stepped down as chairman and chief executive of its cloud business unit on Sunday.
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Alibaba placing Freshippo grocery unit listing on backburner - Bloomberg News
Investing.com -- Alibaba (NYSE:BABA) has decided to place the possible listing of its Freshippo grocery chain on hold due to weak sentiment around consumer stocks, Bloomberg News...
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S&P, Nasdaq fall as Apple drags, jobless claims data fuels rate jitters
By Shristi Achar A and Amruta Khandekar (Reuters) - The S&P 500 and Nasdaq fell on Thursday with Apple (NASDAQ:AAPL) leading declines in megacap growth stocks on concerns over China's...
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Alibaba Launches Suite of Next-Gen B2B Sourcing Tools
Alibaba.com (BABA) today unveiled a suite of new products and enhancements to existing sourcing tools during its first Co-Create conference. The event, occurring September 7-8, 2023 in Las...
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Wall Street indexes falter amid rising Treasury yields and uncertain rate cut prospects
Wall Street's primary indexes experienced choppy trading on Tuesday, with rising Treasury yields applying pressure as investors evaluated the potential for interest rate cuts by the Federal...
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Alibaba's shareholder structure: Individual investors hold significant control
Individual investors hold a significant 41% stake in Alibaba (NYSE:BABA) Group Holding Limited (NYSE:BABA), implying that the general public has a considerable influence on management...
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Alibaba to Start Super September Sales
Alibaba.com (BABA) will host its highly anticipated Super September sale from September 1-30, 2023. This year's event promises new features and benefits aimed at empowering digital...
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China lets Baidu, others launch ChatGPT-like bots to public, tech shares jump
By Josh Ye and Urvi Manoj Dugar(Reuters) -Five Chinese tech firms, including Baidu Inc (NASDAQ:BIDU) and SenseTime Group, on Thursday launched their artificial intelligence (AI) chatbots to...
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Wall St rises as weak economic data fuels rate-pause hopes
By Shristi Achar A and Amruta Khandekar (Reuters) -Wall Street's main indexes rose on Wednesday as fresh economic data indicated a cooling U.S. economy, keeping alive hopes the Federal...
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SEC Hinman Under Fire: Did He Lie Under Oath on Investment Contracts?
Coin Edition - John Deaton accuses the SEC of neglecting its primary mission in digital asset oversight.Deaton questioned ex SEC Director’s testimony under oath, suggesting potential...
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Wall Street gains as investors eye upcoming economic data
By Shristi Achar A and Noel Randewich (Reuters) - Wall Street rose on Monday, with gains in 3M (NYSE:MMM) and Goldman Sachs ahead of key inflation and jobs data this week that will offer...
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China To Tighten Initial Public Offerings In Temporary Move - Bloomberg
China To Tighten Initial Public Offerings In Temporary Move - Bloomberg
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