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Hong Kong stocks retreat as investors await China policy cues on tech, property

Hong Kong stocks slipped on Monday, snapping a two-day rebound, as investors stayed cautious and awaited clearer policy direction ahead…

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China targets AI-powered price manipulation in new antitrust guidelines

A draft of the “Anti-Monopoly Compliance Guidelines for Internet Platforms”, published over the weekend by the State Administration for Market…

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Hong Kong stocks slide most in a week on soft China economic data, fading US rate cut bets

Hong Kong stocks fell by the most in a week, triggered by China’s sluggish economic data, uncertainty over an interest-rate…

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Hong Kong stocks tumble as AI bubble fears hit Wall Street

Hong Kong stocks extended losses on Wednesday, tracking Wall Street’s weakness amid growing fears of an artificial intelligence bubble, while…

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Alibaba rebrands food delivery app Ele.me as Taobao Shangou in instant retail push

Alibaba Group Holding is rebranding its Chinese food delivery platform Ele.me as Taobao Shangou, aligning the service more closely with…

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Alibaba expands instant commerce efforts with US$281 million Taobao convenience store push

Alibaba Group Holding on Friday unveiled a 2 billion yuan (US$281 million) investment as part of a programme that will…

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Hong Kong stocks fall as US shutdown dampens investor sentiment

Hong Kong stocks fell on Monday as the US government shutdown hit investor sentiment and spurred demand for haven assets…

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Mooncake sales on the wane as China’s consumers cut back on non-essentials

Early sales of mooncakes – a food traditionally distributed among families, workplaces and other social groups to celebrate China’s Mid-Autumn…

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Hong Kong stock rally takes a pause as investors gather profits

Hong Kong stocks fell on Friday as investors took profits, especially in high-flying sectors, pausing a recent rally. The Hang…

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New Business

Alibaba’s Amap hits record 360 million users as China’s National Day ‘golden week’ begins

Amap, Alibaba Group Holding’s answer to Google Maps, saw a record 360 million daily users on the first day of…

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