Alibaba’s Cainiao Plans to Raise At Least $1 Billion in Hong Kong IPO Soon
Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its
2023-09-22 16:24
Franc’s Fading Rally Fuels Carry Trade Talk With Rates on Pause
The Swiss National Bank’s decision to halt monetary tightening has capped the franc’s rally and rekindled talk about
2023-09-22 14:52
Huawei’s New Chip Powering Sales Surge Shown to Have 5G Support
Huawei Technologies Co.’s Kirin 9000s processor supports 5G wireless speeds, TechInsights said, dispelling some of the mystery around
2023-09-22 14:16
Sunac’s 166% Surge After Results Raises Fear of Overheating
A meteoric 166% surge this month in Sunac China Holdings Ltd.’s shares may be due for a reversal
2023-09-22 12:47
Two of China’s Strongest Developers Face Ratings Cuts by Moody’s
Moody’s Investors Service has put two of China’s few investment-grade developers on review for possible downgrade, the latest
2023-09-22 11:27
Apple’s iPhone 15 Goes on Sale in Test of Holiday Resurgence
Apple Inc.’s latest iPhones and watches went on sale Friday, a test of whether a new smartphone design
2023-09-22 10:48
Crypto Exchange Binance, CEO Zhao Ask Court to Dismiss SEC Suit
Binance Holdings Ltd. and Chief Executive Officer Changpeng “CZ” Zhao filed court papers Thursday seeking to have a
2023-09-22 09:24
Open House: Seized HK Mansion Listed for $112 Million Traces Fall of Evergrande Tycoon
This is the third of Bloomberg’s Open House series, featuring Hong Kong’s most interesting homes. Perched on the
2023-09-22 07:58
FTC’s Khan Targets Private Equity ‘Roll-Up’ Tactic in Court
Federal Trade Commission Chair Lina Khan is going after a common acquisition strategy for private equity firms, putting
2023-09-22 03:47
Corporate America Brings Its New Skinny Look to Stock Market
Wall Street is preparing for a wave of spinoffs as a slew of household-name companies moves to streamline
2023-09-21 17:52
Carbon Offsets Undercut California’s Climate Progress, Researchers Find
Since the passage of its landmark climate regulations 17 years ago, California has been a leader in the
2023-09-21 17:49
Ex-Morgan Stanley Prime Broker Plans $3 Billion Hedge Fund
Kurt Baker, a Millennium Management alumnus and former head of Morgan Stanley’s Asia prime brokerage, is seeking nearly
2023-09-21 13:57