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Posted 19/05/2023

Alibaba Eyes Cloud Division Spinoff

Alibaba announced its plan for a spin off of its cloud division as a...

Posted 30/03/2023

Alibaba Considers Divesting Non-Core Assets, Cedes Control of Some Business in Overhaul

China’s Alibaba Group said on Thursday it will monetize non-core assets and explore selling...

Posted 29/03/2023

Major Shift in Alibaba Sheds Light to Investors Expecting Tech Crack Down Coming to an End

The splitting of Alibaba Group has been seen as a sign of Beijing’s crackdown...

Posted 09/01/2023

Shares of Alibaba Surge over 7% as Jack Ma Steps Down from Top Shareholder

The share price of Alibaba opened 7.68% higher on Monday in the Hong Kong...

Posted 11/07/2022

Hang Seng Falls 3% amid Selloff in Tech Stocks after Beijing Imposes Fines on Major Firms

Hong Kong’s Hang Seng Index fell 3.21% in the afternoon session, dragged by the...

Posted 23/03/2022

Shares of Tencent Climbs After Investors Speculating Share Buybacks Following Peers

Tencent Holdings Ltd. is expected to buyback share after trend emerged recently among tech...

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