IPOs & Markets
The Nasdaq Golden Dragon China Index, a gauge that tracks Nasdaq-listed Chinese firms, slumped more than 4% on Friday.
Juul is increasingly tapping international markets such as South Korea, Indonesia and the Philippines.
Finally, Alibaba’s billionaire executive chairman delivered on his promise of a year ago to hand over to CEO Daniel Zhang.
Ma will step down from the Chinese behemoth on Tuesday.
The Kaola deal will boost Alibaba's access to wealthy Chinese buyers, who account for more than a third of the luxury goods sector's worldwide revenue
Shares of Xiaomi, which listed in Hong Kong last year, have lost nearly a third of their value this year and are at half their IPO price.
Didi earlier this month said it spun off its autonomous driving unit into an independent company.
The online retailer's upbeat results provided a bright spot in China's e-commerce industry and wider tech sector which is slowing down after years of
The fund's LPs will include JD Logistics, parent firm JD.com, several listed companies and government-led funds.
Maggie Wu will take over from Executive Vice-Chairman Joe Tsai, Alibaba said.
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