Alibaba postpones up to $15 bn Hong Kong listing amid growing political unrest, may launch deal in October
• 6 years agoThe decision to postpone the deal, initially set for late August, was taken at a board meeting before Alibaba’s latest earnings release last week, the second person said.
Bagmaker Samsonite's CEO Ramesh Tainwala steps down following short-seller report
• 7 years agoThe company said in a statement to the Hong Kong stock exchange that Ramesh Tainwala resigned for personal reasons.
Tencent posts 69 percent jump in quarterly net profit; becomes the most valuable company in Asia
• 7 years agoNet profit for the three months rose to 18 billion yuan ($2.72 billion), said China’s largest social media and gaming company Tencent.
Lenovo observes Q1 loss due to sluggish PC market; supply constraints hint at bleak future
• 8 years agoLenovo, which lost its position as the world's largest PC maker to HP Inc in the quarter through June, lost $72 million.
Chinese actress Zhao Wei buys into Alibaba Pictures as it warns of losses
Fp Archives • 10 years agoChinese actress Zhao Wei has taken a major stake in Alibaba Group Holdings Ltd's film division, bringing some star power to a company that warned on Monday it could rack up losses of as much as HK$600 million ($77.41 million) for 2014.
Yahoo, Japan's Softbank back China's e-commerce giant Alibaba
Fp Archives • 11 years agoChinese e-commerce giant Alibaba's biggest shareholders, Yahoo and Japan's Softbank Corp., on Friday backed the company's unusual management structure that Hong Kong's stock exchange was unwilling to accommodate
Yahoo, Japan's Softbank back China's e-commerce giant Alibaba
Fp Archives • 11 years agoChinese e-commerce giant Alibaba's biggest shareholders, Yahoo and Japan's Softbank Corp., on Friday backed the company's unusual management structure that Hong Kong's stock exchange was unwilling to accommodate