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Alibaba's Troubles: Who wants to catch Jack Ma's falling knife?

While Ma is no longer actively involved in Alibaba’s operations, his decision to sell more of his stake is a chilling reminder that the firm doesn’t have a controlling shareholder at the top, just when billions of dollars need to be spent to move into new fields such as generative AI ....

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Thousands of Tiny Hedge Funds Face Closure in China Shakeup

(Bloomberg) China’s 6 trillion yuan ($832 billion) hedge fund industry is bracing for a historic shakeup that will likely cause thousands of smaller managers to shut and impose stricter regulations on larger peers that have become a growing force in local markets.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Fires Show Climate Change’s Ugly ReachFirst American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidat ....

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China Chip Giant Said to Mull Options for €3 Billion French Unit

China Chip Giant Said to Mull Options for €3 Billion French Unit
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

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Hong Kong Court Rules Unigroup Breached 'Keepwell' Bond Pact

(Bloomberg) A Hong Kong court ruled that Tsinghua Unigroup Co. breached a payment support agreement tied to dollar bonds, marking a key victory for creditors in a broader legal dispute over a practice long used by Chinese firms to raise debt. Most Read from BloombergSocial Security Benefits Targeted for Cuts by House ConservativesA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementStock Rally Is Deepening Beyond AI-Fueled Craze: Markets WrapUS Submarine Damaged in South C ....

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Hong Kong Court Rules Unigroup Breached 'Keepwell' Bond Pact

Hong Kong Court Rules Unigroup Breached 'Keepwell' Bond Pact
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

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