The e-commerce giant plans to double its stake in Sun Art Retail Group, which operates more than 480 supermarket-department stores in China under the RT-Mart and Auchan brands.
Hong Kong and China markets rally on economic data as corporate plans fuel gains in Alibaba, Cathay Pacific
Hong Kong and China markets advanced by the most in a week as China’s economic recovery strengthened last quarter and corporate activity involving Alibaba Group and Cathay Pacific intensified in …
Taiwan says diplomat sent to hospital after China spat in Fiji
A Taiwanese diplomat ended up in hospital in Fiji this month after two Chinese diplomats stormed into a reception trying to gather information on who was attending, Taiwan’s foreign ministry said on …
Alibaba is spending more than $3 billion to dominate online groceries in China
Alibaba has taken a controlling stake in one of China’s leading supermarket chains as it tries to fend off rival JD.com in the fast growing online grocery industry.
Breakingviews – China’s headline recovery hides uglier subtext
China’s gross domestic product rose 4.9% year-on-year last quarter, slightly missing expectations but still music to the ears of policymakers worried about unemployment and souring loans. Beijing has …
Breakingviews – China’s headline recovery hides uglier subtext
China’s gross domestic product rose 4.9% year-on-year last quarter, slightly missing expectations but still music to the ears of policymakers worried about unemployment and souring loans. Beijing has …
Ant Group gets Chinese nod for Hong Kong leg of $35 billion dual-listing: source
China’s Ant Group has received approval from the Chinese securities regulator for the Hong Kong leg of its about $35 billion dual-listing, a person with knowledge of the matter said on Monday. The …
Ant Group Is Said to Win China Approval for Hong Kong IPO Plan
Jack Ma’s Ant Group Co. won a key approval from the China Securities Regulatory Commission for its listing in Hong Kong, paving the way for what could be the world’s biggest initial public offering, …
China regulator approves Ant Group’s Hong Kong IPO: IFR
China’s securities regulator has approved financial tech firm Ant Group’s Hong Kong leg of a planned dual-listing worth up to $30 billion, IFR reported on Monday citing unnamed people familiar with …
Nepal-China agreements are stuck
After the 2015 Indian blockade, the Nepal government tried to diversify trade and access to the sea through China. But five years later, inertia and disinterest in Kathmandu have stalled a raft of …