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Labour Day holiday

Alibaba shows strong momentum during 618 shopping festival, as chairman Joe Tsai eyes return to double-digit revenue growth

by Anas Siddiqui
Alibaba shows strong momentum during 618 shopping festival, as chairman Joe Tsai eyes return to double-digit revenue growth

About 185 brands – including major smartphone vendors Apple, Xiaomi and Huawei Technologies – have each achieved more than 100 million yuan (US$13.8 million) in gross merchandise value, while 37,000 …

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Travel travails: China’s pent-up outbound tourism demand hit by visa, flight issues, Trip.com CEO says

by Anas Siddiqui
Travel travails: China’s pent-up outbound tourism demand hit by visa, flight issues, Trip.com CEO says

Visa delays and insufficient flight capacity have held back a full recovery in China’s outbound travel after the Covid-19 pandemic, according tothe CEO of Trip.com Group, the country’s largest online …

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Hong Kong stocks stall near 8-month high as traders mull cashing in on bull run

by Anas Siddiqui
Hong Kong stocks stall near 8-month high as traders mull cashing in on bull run

Hong Kong stocks wavered near an eight-month high as traders pondered whether to cash in on the bull run, while robust mainland tourism data for the holiday period helped support …

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