Alibaba Shares Rise After Jack Ma Cedes Control of Ant Group
[ad_1] By Bingyan Wang Shares of Alibaba Group Holdings are higher following news that co-founder Jack Ma is ceding control of affiliate company Ant Group Co., potentially paving the way…
Alibaba and Nio among Chinese stocks surging as hopes build about potential reopening
[ad_1] U.S.-listed shares of Chinese companies were enjoying a sharp rally in premarket trading Tuesday as hopes built about a potential relaxation of the country’s severe measures meant to help…
U.S. stock futures tick higher after last week’s rally
[ad_1] U.S. stock futures were pointing modestly higher on Monday, consolidating last week’s gains as a slate of major tech company earnings await. What’s happening Futures on the Dow Jones…
Hong Kong stocks suffer worst single-day rout since 2008 as Xi consolidates power
[ad_1] Hong Kong stocks suffered their worst single session since the 2008 financial crisis after Chinese leader Xi Jinping tightened his grip on power. The Hang Seng HSI, -6.36% ended…