Technology titans see their rankings plunge as a result of a crackdown by Beijing on the sector
Equity benchmarks tracking the country's internet sector notch double-digit gains since hitting lows in October
Tech giant formed by merger of ride-hailing-to-payments firm Gojek and e-commerce outfit Tokopedia, is also backed by Alibaba, Softbank and Singapore wealth fund GIC
Billionaire founder of Alibaba is taking a well-earned break after a year in which his e-commerce companies had to undergo major restructuring on the orders of Chinese regulators
Chinese billionaire has kept a low profile since giving a speech in Shanghai last year criticising financial regulators. Ant was forced to drop its IPO and has undergone a major rejig.
The Hang Seng leapt nearly 2% after China’s fine on food delivery giant Meituan for monopolistic abuses was less than expected and Alibaba shares rose by a healthy margin
The Chinese tech and delivery giants are looking to roll out thousands of courier robots over the next few years after the pandemic brought forward plans for more automation
Less than a year after purchasing stock in Mango Excellent Media, Jack Ma’s e-commerce giant will sell its stake in the company. Will the South China Morning Post be next?
Asia’s investors struggled to keep up with Wall St amid Covid fears, the Evergrande debt crisis and China’s regulatory crackdown draining the enthusiasm on trading floors
Beijing’s assault on its free market success stories as it attempts to level the playing field in pursuit of the goal of ‘common prosperity’ has claimed some high-profile victims
Beijing has now warned tech giants, including Alibaba and Tencent, to stop blocking rivals' links from their own sites, as the party’s regulatory offensive continues
Factory gate inflation in the US soared to over 8% in August while China’s continuing regulatory crackdown saw market heavyweight Alibaba plunge more than 4% after officials ordered sweeping changes to payment app Alipay