Alibaba Group Holding Limited (BABAF)
- Editor's pickYahoo Finance Video
Markets close with losses, energy and utilities lead, Chinese stocks lean to the upside
Yahoo Finance markets reporter Emily McCormick breaks down the market and sector actions heading into the close, in addition to looking at Nasdaq leaders and Chinese tech stocks.
- Bloomberg
One of China’s Top Tech Investors Sees Crackdown Turning Point
(Bloomberg) -- The founder of one of China’s biggest private equity investors said the nation’s tech firms are turning a corner after a recent rout wiped out nearly $2 trillion in market value at its peak. Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsA $2 Trillion Free-Fall Rattles Crypto to the CoreMichael Burry of ‘The Big Short’ Fame Warns Fed May Alter CourseAnti-Abortion Centers Find Pregnant Teens Online, Then Save Their DataHyundai Quietly Climbs
- Bloomberg
Tencent Leads China Tech Losses as Major Backer Plans to Cut Its Stake
(Bloomberg) -- Chinese technology stocks fell as a plan by Tencent Holdings Ltd.’s major backer to further cut its stake in the company fueled concerns more investors may look to take profits following a strong rally. Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsA $2 Trillion Free-Fall Rattles Crypto to the CoreMichael Burry of ‘The Big Short’ Fame Warns Fed May Alter CourseAnti-Abortion Centers Find Pregnant Teens Online, Then Save Their DataHyundai Qu
