Didi Global Inc.’s
DIDI -2.97%
bumpy ride in the U.S. public markets is over—after 11 months.The ride-hailing company is marking its last day as a New York Stock Exchange-traded company…
Chinese internet stocks jumped to a three-month high after regulators in China cleared dozens of videogames for release, a move investors welcomed as a new sign that Beijing is softening its stance on the technology sector.Late Tuesday, the…
Ant Group Co., the Chinese financial-technology giant controlled by billionaire
Jack Ma,
disclosed that the chairman of the Hong Kong stock exchange’s operator has joined its board, as…
TOKYO—
SoftBank Group Corp.
9984 11.40%
, one of the world’s most aggressive high-tech investors, said Thursday it lost more money in its last fiscal year than it ever has—$13.2…
Chinese companies like
Alibaba Group Holding Ltd.
BABA -5.79%
are embracing buybacks and one-off dividends, handing cash to shareholders as they seek to shore up their battered stock…
SINGAPORE—China is preparing to hit pause on its monthslong campaign against technology companies, according to people familiar with the matter, as officials seek to arrest a rapid deterioration in the country’s economic outlook.China’s top…
Alibaba Group Holding Ltd.
BABA 11.00%
boosted its share buyback program to $25 billion from $15 billion, in a bid to reassure investors about the company’s…
HONG KONG—Chinese technology giant
Tencent Holdings Ltd.
TCEHY -5.19%
is facing a potential record fine for violations of some central bank regulations by its WeChat Pay mobile network, as…
SoftBank Group Corp.
9984 2.20%
said Chief Operating Officer
Marcelo Claure,
who helped clean up problems at the firm’s investments including WeWork Inc.…