• BABA

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.

• BABA
• JD
• META
• PDD
• TPR

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.

• BABA
• JD
• META

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

• BABA
• BIDU
• JD
• KWEB
• NTES
• PDD
• TCOM

US-listed Chinese stocks retreat after rally

• 0QY4
• ALB
• BABA
• BEKE
• BIDU
• EL
• FCX
• JD
• KWEB
• MLCO
• NTES
• PDD
• TCOM
• TECK
• YUMC

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.

• 1YMZ24
• APO
• BABA
• BIDU
• ESZ24
• NQZ24
• TSLA
• US500
• WDAY

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.

• BABA

Chinese billionaire Jack Ma sees AI future for Ant Group, in rare appearance

Jack Ma expresses optimism for Ant Group's future during its anniversary, emphasizing AI opportunities despite past regulatory challenges and organizational changes after halted IPO.

• BABA

Ant Group's President Han to become CEO in March; Jing to stay as chairman

Cyril Han will replace Eric Jing as CEO of Ant Group starting March 1, continuing to report to Jing, who remains chairman.

• AMZN
• BABA
• GOOGL
• MSFT

Microsoft faces UK lawsuit over cloud computing licences

Microsoft faces legal action in Britain over accusations of charging unfair license fees, potentially due to its dominance in cloud computing services, affecting thousands of businesses.

• AMZN
• BABA
• EBAY
• FNKO
• HAS
• M
• MAT
• TGT
• WMT

Hot Wheels, G.I. Joes aplenty on Shein, Temu amid worry over fake products