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share buy-back

Alibaba Group steps up stock buy-back in Hong Kong, New York as e-commerce rivalry, earnings outlook worry investors

by Anas Siddiqui
Alibaba Group steps up stock buy-back in Hong Kong, New York as e-commerce rivalry, earnings outlook worry investors

Alibaba Group Holding, China’s biggest e-commerce platform operator, said it bought back US$4.8 billion worth of its own shares in Hong Kong and New York last quarter, marking the most …

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China EV war: BYD prices a fifth car below 100,000 yuan threshold as it takes offensive in market-share battle

by Anas Siddiqui
China EV war: BYD prices a fifth car below 100,000 yuan threshold as it takes offensive in market-share battle

“BYD appears to be extremely aggressive in driving a transition from petrol cars to EVs in the country’s automotive industry,” said Eric Han, a ­senior manager at Suolei, an advisory …

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Exclusive | TikTok owner ByteDance offers to buy back US$5 billion worth of investor shares as IPO prospects remain slim

by Anas Siddiqui
Exclusive | TikTok owner ByteDance offers to buy back US billion worth of investor shares as IPO prospects remain slim

Beijing-based ByteDance, the owner of TikTok, is offering to buy back up to US$5 billion worth of shares from existing investors as its initial public offering plan remains up in …

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