Alibaba shares sink to new low amid gloomy China tech outlook
HONG KONG — The stock price of Alibaba Group Holding fell below 100 Hong Kong dollars ($13) a share for the first time Friday, a day of heavy selling in Chinese….
Category: 中国Tech
Huawei pivots to renewable energy as smartphones slump
GUANGZHOU/BARCELONA — Chinese telecommunications hardware provider Huawei Technologies has turned to solar power and energy storage projects as its smartphone business struggles under U.S. sanctions, but the company’s ability to….
China’s Didi reverses course, will remain in Russia
BEIJING (Reuters) — Chinese ride-hailing giant Didi Global said on Saturday that it would continue to operate in Russia, reversing a decision announced on Monday that it was leaving that country as well….
Chinese regulatory push sends Meituan, tech stocks tumbling
SHANGHAI (Reuters) — Online food delivery group Meituan led a rout of Chinese technology company shares on Friday, as authorities announced a series of regulatory moves to boost growth while….
