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Hong Kong stocks slide after China’s third plenum underwhelms, geopolitical angst weighs

Hong Kong stocks tumbled on Friday after investors were underwhelmed by China’s third plenum announcement, with eyes now on further…

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Tech

Alibaba antitrust investigation: what is the ‘picking one from the two’ practice that triggered an official probe?

Chinese regulators have long warned about the practice, although until the State Administration for Market Regulation (SAMR) announced its probe…

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Tech

Tencent-backed video-sharing app Kuaishou wins green light from Hong Kong to raise up to US$6 billion

Beijing-based Kuaishou Technology, the world’s second-largest video-sharing app, has won the green light from Hong Kong to raise roughly US$5…

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Tech

Tencent-backed app Kuaishou looks for more ways to monetise millions of users, trim losses after Hong Kong IPO gets go-head

Tencent-backed video-sharing app Kuaishou Technology said it was looking to expand its monetisation model and reverse losses, having won approval…

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Tech

Tencent-backed Kuaishou’s IPO overbought 1,200 times by retail investors, sets record

Tencent-backed Kuaishou Technology wrapped up the first mega IPO of the year on Friday. It set the final offer price…

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