KIC leaves Alibaba for Baidu shares in the US
The Korean sovereign wealth fund has divested all $221.5 million worth of its Alibaba equity investments in the US and increased its Baidu holdings by 450% by the end of June.
Tag : alibaba
Next up? Chinese regulators eye healthcare, property
With social equality and national security being the main drivers for further regulations, investors are keeping a wary eye on the next possible targets.
After Didi and Ant Group, should investors be worried?
The most recent crackdown on the Chinese ride-hailing firm has investors speculating on who’s next. Experts say short-term pullback on US-based listings can be expected.
Institutional investor demand accelerates for China stocks
Institutional flows into Chinese equities have been rising since early last year despite high technology valuations, US restrictions and Beijing's growing scrutiny of internet firms.
Ant Group’s halted mega IPO; what’s next?
The cancellation of Ant Group’s mega IPO two days before trading was due to start has raised questions with investors over what happened and regulation risk in the country.
Ant-Vanguard deal shows potential of China digital sales
Online sales of funds in China are disrupting the dominance of commercial bank distribution but the latest tie-up between two giant firms has limited scope, say some analysts.
