Asian stocks were mostly lower Friday after Wall Street drifted to a mixed finish as momentum slowed following a strong rally in the first half of November. U.S. futures and oil prices edged higher. ( read original story ...)
Alibaba’s U-turn on cloud unit spin-off lops $20 billion off its market value
Alibaba Group's Hong Kong shares slumped 10% on Friday after it scrapped plans to spin off its cloud business, citing uncertainties fuelled by U.S. curbs on exports to China of semiconductors used in ... ( read original story ...)
Stock market today: Asian shares wobble and oil prices fall after Biden’s meeting with China’s Xi
Asian shares have retreated after Wall Street added a bit more to its big rally from a day before, while U.S. futures and oil prices were lower. Any lift in sentiment from a meeting between U.S. ( read original story ...)
Syngenta delays nearly $9B IPO on Shanghai market
Syngenta Group says it won't go public on Shanghai's main market this year due to unfavorable market conditions. ( read original story ...)
Tims China Announces Third Quarter 2023 Financial Results
TH International Limited (Nasdaq: THCH), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China (“Tims China” or the “Company”) ... ( read original story ...)
Henlius Reported Financial Results for the First Three Quarters of 2023: Total Revenue Exceeded RMB3.9 billion, Profitability Further Improved
Henlius（2696.HK）announced its financial results and business update for the first three quarters of 2023. As of September 30, 2023, Henlius generated a total revenue of RMB3.9278 billion, rising by 84 ... ( read original story ...)
China central bank boosts liquidity injection via policy loan; rate unchanged
China’s central bank boosted liquidity injections but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. The People’s Bank ... ( read original story ...)