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Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Business

Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods

Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link

Chinese Consumers Pinch Pennies on Staples as Pandemic Habits Linger
Business

Chinese Consumers Pinch Pennies on Staples as Pandemic Habits Linger

The average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt to circumstances. Source link

Chinese State-Owned Enterprises Are Hong Kong’s Hottest Stocks
Finances

Chinese State-Owned Enterprises Are Hong Kong’s Hottest Stocks

Markets Telecom stocks that were booted off American exchanges have staged a strong rally Source link

Hopes for Hong Kong's IPO Market Rest on Alibaba, JD.com Carve-Outs
Finances

Hopes for Hong Kong's IPO Market Rest on Alibaba, JD.com Carve-Outs

Investors see the tech giants’ plans to sell shares in subsidiaries as another sign that China’s regulatory crackdown has eased. Source link

JD.com's Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs
Business

JD.com’s Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs

Markets Stocks IPOs Chinese e-commerce giant says it plans to spin off the two businesses through separate listings Source link

JD.com's Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs
Finances

JD.com's Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs

The Chinese e-commerce giant said it plans to spin off the two businesses through separate listings. Source link