Five of China’s biggest state firms worth $318 will soon delist from Wall Street

For months, federal regulators have increased pressure on Beijing and Chinese companies that trade on U.S. stock exchanges to comply with American listing rules.  But on Friday, five of China’s biggest U.S.-listed, state-owned giants, valued at a collective $318 billion, announced they would exit Wall Street instead, marking an acceleration in the U.S.-China financial decoupling.  … Read more

China Tech Stocks Fall After Beijing Fines Alibaba, Tencent

By Yifan Wang Shares of Chinese tech giants fell in Hong Kong on Monday, after Beijing fined some of the country’s largest internet companies for failing to make proper antitrust declarations on previous deals. Alibaba Group Holding Ltd., Tencent Holdings Ltd. and Ping An Healthcare & Technology Co., which were named in the latest executive … Read more

DiDi Stock Plunges. An SEC Probe Has Alibaba and JD.com Investors On Edge Too.

Text size DiDi headquarters in Beijing AFP via Getty Images Shares in DiDi Global plunged Wednesday after the embattled Chinese ride-hailing company said it was facing a Securities and Exchange Commission investigation into its initial public offering last year. Other Chinese tech stocks were dropping. American depositary receipts of DiDi (ticker: DIDI) lost 5% in … Read more

Alibaba Stock Is Really Hurting. Why It Might Not Bounce Back Anytime Soon.

Text size Shares of Alibaba have notched massive declines. Greg Baker/AFP via Getty Images Investors in Alibaba Group Holding are used to pain. But the stock is really hurting this time, falling more than 20% in just four days. Shares in the e-commerce giant were getting hit again Tuesday. Alibaba is caught up in a … Read more

JD.com Stock Sinks After Earnings Top Estimates but Revenue Growth Slows

Text size A JD.com distribution center in Beijing. Greg Baker/AFP via Getty Images Shares of JD.com fell sharply Thursday after the Chinese e-commerce giant reported fourth-quarter earnings that topped analysts’ forecasts but slower sales growth. U.S.-listed shares of JD.com (ticker: JD) declined 17% on Thursday to $51.78. JD.com reported net revenue in the quarter of … Read more

JD.com stock falls after swinging to net loss, while adjusted profit topped expectations

Shares of JD.com Inc. JD, +6.32% sank 6.5% toward a near two-year low in premarket trading Thursday, after the China-based e-commerce reported fourth-quarter swung to a net loss but saw adjusted profit and revenue top forecasts, while margins took a slight hit. The net loss for the quarter was RMB5.16 billion ($810.4 million), or RMB3.33 … Read more