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World 20 Oct 2020 | 1:12 AM

Alibaba acquires controlling stake in hypermarket chain Sun Art

HANGZHOU, Oct. 19 (Xinhua) -- Chinese e-commerce giant Alibaba Group on Monday announced that it will invest approximately 3.6 billion U.S. dollars to acquire control of Sun Art Retail Group Ltd., a leading hypermarket and supermarket operator in China.

World 21 Oct 2020 | 2:40 AM

China Focus: Virtual reality getting more real as industry grows

by Xinhua writers Zhao Jiasong, Chen Yushan

World 22 Oct 2020 | 5:35 AM

U.S.-listed Chinese firms trade roughly flat

NEW YORK, Oct. 21 (Xinhua) -- U.S.-listed Chinese companies traded roughly flat on Wednesday, with five of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note.