Beijing's harsh regulatory crackdown means Ant now stresses its autonomy, to the point that Alibaba might even compete with its one-time sister company
The Hang Seng Tech Index was down by 3.3% at the close of trading in Hong Kong and has dropped by about 12% since April 28
Daily Journal Corp, the company where Warren Buffett's business partner Charlie Munger helps oversee investments, said on Monday it halved its stake in China's e-commerce giant Alibaba Group
Alibaba's shares rose 4.5% in Hong Kong after the news, while in the United States, its shares closed down 4.3% on Monday
Alibaba Group reported its slowest-ever increase in quarterly revenue since going public in 2014, as tepid growth in its core e-commerce business and intensifying competition ate into sales
Chinese billionaire touring European companies and research institutions involved in agricultural infrastructure and plant breeding
Logistics provider adds Chinese e-commerce giant as a new backer as it raises $578 million in a late funding round.