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FRIDAY's attack by President Donald Trump on WeChat may have pushed many investors to offload Asia’s technology shares. But for some, the selloff has presented a good buying opportunity. Jian Shi Cortes
DIRT cheap, automated on apps and championed by newbie traders who brandish their broker balances on Twitter, the stuck-at-home trading phenomenon, born in the USA, has become a global craze.
HONG KONG: Credit Suisse Group AG invested nearly US$100mil in Ant Group during its last funding round, according to people familiar with the matter,
SHANGHAI: China shares inched higher on Tuesday, supported by strong gains in healthcare stocks on rising hopes for a coronavirus vaccine, although profit-taking after the previous session's rally kept gains in check
HONG KONG (Bloomberg) -- Billionaire Jack Ma’s Ant Group is seeking a valuation north of US$200 billion as it goes public in Hong Kong and Shanghai, people familiar with the matter said, kicking off a landmark coming-out party for China’s leader in internet finance.
SINGAPORE: Clobbered by the crushing effects of the coronavirus pandemic, thousands of retailers from Bangkok to Singapore have rushed to set up online shops on big e-commerce platforms to stay afloat this year. Now entire shopping malls are going virtual for the first time.
Shares soar on buybacks, improving market conditions
SHANGHAI: Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8% from 6.2%, cashing out around $8.2 billion at its current share price, the firm's annual filing released on Friday showed.