The company’s shares rebounded partially this month, after a small publishing company chaired by Warren Buffett’s longtime partner Charlie Munger disclosed that it increased its stake in Alibaba. They jumped again after Jack Ma, Alibaba’s billionaire co-founder and the controlling shareholder of Ant,... Show More
Beyond Evergrande, China’s Property Market Faces a $5 Trillion Reckoning
Developers have run up huge debts. Now home sales are down, Beijing is imposing borrowing curbs and buyers are balking at high prices. @ChinaTech@ChinaCar... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
Biggest Teachers Union Urges TikTok, Facebook, Other Big Tech to Stop Spread of Viral Challenges
In a letter Friday, National Education Association asks tech companies ‘to put public safety over profits’... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
The Senate voted along party lines Thursday to raise the U.S. borrowing limit into December, after Democrats struck a short-term agreement with Republican leaders that averted a looming default for now but sets up another showdown within months.
The key moment came earlier in the evening, when 11 Republicans... Show More
Huobi Global, which was founded in 2013 and currently operates from offices in Singapore, South Korea, the U.S. and other countries, over the weekend said it stopped allowing new customers in mainland China to register accounts. The exchange will also gradually retire existing accounts in China by the... Show More
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