Blue Pool, a Hong Kong-based investment firm backed by Alibaba co-founder Joe Tsai, has bought a 12% stake in Italian luxury sneaker maker Golden Goose, the Venice-based brand said on Tuesday. The investment comes after the maker of $600 a pair sneakers abruptly pulled plans for a stock market listing last year.
Stocks rise on bets investors will look for cheaper options after DeepSeek’s popular low-cost AI model sparked a US$1 trillion tech rout.
Marshall Group sells a majority stake in the guitar amp and headphones maker to Hong Kong venture capital firm HongShan Capital Group for $1.1 billion
HONG Kong billionaire Michael Kadoorie has approached investors to raise at least HK$389 million (S$68.3 million) to fund efforts to boost the city’s image, according to people familiar with the matter.
UBS estimates US$236 billion of fund inflows in 2025 as a result of Beijing’s directive to funds to shore up the capital markets.
Hong Kong stocks rallied on Monday, with the Hang Seng Index gaining over 500 points at one point during the afternoon trading session. The index touched a high of 20,093.65 before closing at 19,925.81,
Alibaba's Joe Tsai discusses the significant geopolitical challenges impacting global markets and business strategies.
Today's Research Daily features new research reports on 16 major stocks, including ServiceNow, Inc. (NOW), Alibaba Group Holding Limited (BABA) and Union Pacific Corporation (UNP), as well as a micro-cap stock Natural Health Trends Corp.
Principal Ma Chun-kong noted, “AI is crucial from primary ... and Tong Nga-kiu expressed their enthusiasm about visiting Alibaba’s headquarters. The champions of the talent group, Hong Chi Winifred Mary Cheung Morninghope School, showcased the ...