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Alibaba Shock Move Casts Fresh Pall Over China Tech

(Bloomberg) The shocking decision by Alibaba Group Holding Ltd. to cancel the spinoff of its cloud division is offering a fresh reason for investors to sell China tech stocks in an earnings season yielding mixed results.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterThe Doomed Mission Behind Sam Altman's Shock Ouster From Op ....

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Alibaba shock move casts fresh pall over China Inc

Anticlimactic results overall show that fundamentals are still not strong enough to inspire renewed investor conviction on China tech. ....

United States , Jian Shi Cortesi , Liu Minyue , Xu Dawei , Jintong Private Fund Management , Hang Seng Tech Index , Hang Seng Tech , Hang Seng , Greater China , Asset Management ,

Alibaba shock move casts fresh pall over China Inc

While some other firms have exceeded consensus earnings estimates, troubling signs remain under the hood. Tencent shares have been muted since earnings on . - advertising, AI, Alibaba, America, ASIA, bank, Beijing, Bloomberg, China, Chinese, cloud, fund, game, games, Greater China, Hang Seng, Hong Kong, index, international, investment, IT, JD, JD.com, KONG, management ....

Xu Dawei , Jintong Private Fund ,