Meituan Outperformance May Gather Pace as Sales Bump Expected
A surge in sales expected for Meituan may be a catalyst to its shares, which have outperformed peers
1970-01-01 08:00
Chinese Banks Challenged as Economy Wobbles and Property Market Woes Mount
Chinese banks reporting earnings next week are wrestling with a range of operating challenges as the economy and
1970-01-01 08:00
Tencent Revenue Disappoints in Warning for China Tech Sector
Tencent Holdings Ltd.’s revenue missed estimates, signaling an uneven recovery for the world’s biggest internet arena as it
1970-01-01 08:00
Alibaba’s Sales Beat Estimates in First Step of Comeback Effort
Alibaba Group Holding Ltd.’s revenue beat expectations after its core e-commerce arm returned to growth, a big step
1970-01-01 08:00
Alibaba, Tencent’s $66 Billion Party Starts to Fade
China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market
1970-01-01 08:00
China Asks Tech Giants to Showcase Investments in Sign of Easing
China has asked its largest technology companies to provide case studies of their most successful startup investments in
1970-01-01 08:00
China Premier Meets Major Tech Companies, Vows More Support
Chinese Premier Li Qiang met with senior executives from the country’s leading technology firms including Alibaba Group Holding
1970-01-01 08:00
China Tech Stocks Rally on Growing Signs Long Crackdown Is Over
There are growing signs the tide is turning for Chinese technology shares after a years-long crackdown that wiped
1970-01-01 08:00
Meituan Faces Battle with ByteDance to Revive Shares
Meituan’s 30% slide this year shows that troubles are deepening for the Chinese food-delivery firm as it faces
1970-01-01 08:00
Meituan Buys Co-Founder’s Months-Old AI Startup for $234 Million
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery
1970-01-01 08:00
Hillhouse Hires Ex-Deutsche Bank’s Hari for Private Credit
Asia-based asset manager Hillhouse has hired Deutsche Bank AG’s Siddhartha Hari to help expand private credit investments, according
1970-01-01 08:00
Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
1970-01-01 08:00