ALIBABA Group has scrapped plans to spin-off its cloud business on Thursday (Nov 16), citing uncertainties created by US export curbs on chips used in ...
Alibaba CEO said ever-increasing restrictions on chip sales to China has forced the company to rethink its plan. Read more at straitstimes.com.
Shares fall 10% after Chinese ecommerce group says US export controls have created 'uncertainties'
HONG KONG/SHANGHAI: Alibaba Group's Hong Kong shares slumped 10 per cent on Friday (Nov 17) after it scrapped plans to spin off its cloud business, ...
Shares of Chinese e-commerce giant Alibaba slid after it announced it would not proceed with the full spinoff of its cloud group.
HONG KONG -- Alibaba Group Holding has reversed a plan to fully spin off its cloud unit, the company said Thursday, in a surprise move that the Chines.
Investors are still piecing together this week's economic data, which appears to support a soft landing but may also indicate late-cycle dynamics.
Chinese billionaire Jack Ma's family trust is set to sell 10 million American Depository Shares of Alibaba Group Holdings , for about $871 million, ...
CHINESE billionaire Jack Ma's family trust is set to sell 10 million American Depository Shares of Alibaba Group Holdings for about US$871 million, ...
Europe needs its own version of the US Securities and Exchange Commission and a unified stock exchange to raise enough money to meet the challenges confronting ...
ALIBABA co-founder Jack Ma is โvery positiveโ about the company and will continue to hold its shares, the South China Morning Post reported on Friday (Nov ...
A regulatory filing showed that Ma's family trust was set to sell 10 million American Depository Shares of Alibaba Group Holdings.
In a move that shocked investors, the Hangzhou-based tech giant said Thursday that US curbs on exports of advanced chips had forced it to call off the ...