Ant Group denies rumors of IPO plans

Ant Group denies rumors of a backdoor listing, clarifying it has no IPO plans, and warns against social media scams regarding stock recommendations.

Alibaba announces it sold its stake in Intime, seen as 'a strategic move'

Alibaba is selling its stake in Intime for approximately $1 billion, aligning with its strategy to focus on core business operations and enhance shareholder value.

Alibaba to sell department store Intime, to record $1.3 bln loss on sale

Alibaba plans to sell its majority stake in Intime for $1 billion, incurring a loss of $1.3 billion amid restructuring and declining consumer spending in retail.

Alibaba to sell China department store chain Intime for $1.3 billion loss

Alibaba is selling its Intime department store unit for $1.02 billion, incurring a $1.3 billion loss, to refocus on core e-commerce amid increasing competition.

Alibaba set to sell Intime for $1 billion to Youngor Fashion

Alibaba is finalizing a $1 billion sale of Intime department stores to Youngor Fashion as part of its strategic shift under new leadership.

China's Instagram-like Xiaohongshu making inroads with e-commerce sales

Chinese influencer Tera Feng gains popularity for her lifestyle content, leveraging Xiaohongshu's platform for successful livestream sales, attracting high-end brands despite the challenging retail landscape.

China's Instagram-rival Xiaohongshu hits $1 billion in annual profit ahead of potential IPO

US-listed Chinese stocks retreat after rally

China policy shift boosts stocks with exposure to the country

US stocks tied to China surged following announcements of accommodating monetary policies, with major internet companies and consumer brands gaining significantly amid positive market reactions.

Futures steady as investor focus turns to inflation data

U.S. stock futures were subdued after record highs; investors await inflation data influencing Fed policy, amid robust November employment numbers and political developments.