Along with Ma, Alibaba chairman Joe Tsai also purchased about $151 million worth of Alibaba's US-traded shares

The ride-hailing outfit’s three-month surplus was its first since 2021 when it was the target of China’s cyberspace regulator

A survey has revealed business confidence among foreign company chiefs in China’s private sector is at an all-time low

The cloud unit is Alibaba's second-biggest money spinner, valued at $41 billion to $60 billion ahead of an IPO planned for next year

A fresh crackdown on the country's medical and pharmaceutical sectors, set to last a year, has convinced investors that it may be best to buy the state and sell private sector holdings

Beijing’s Ministry of Industry and Information Technology is to require all apps to share business details in new oversight push

The proposed rules spurred a fall in shares in Hong Kong-listed Chinese tech firms, with Bilibili and Kuaishou plunging nearly 7% and 3.5% respectively

Once an illustrious Chinese technology giant, Ant is emerging from a near three-year-long regulatory crackdown that started with the shelving of its planned mega listing in 2020

The meeting, set for next Friday, will focus on the current conditions of US dollar-denominated investment firms in China and the main challenges they face, sources say

Regulators say the measures will not apply to firms who don't intend to offer their generative AI services to the Chinese public to encourage development of the technology

Investors are now hoping the strict rules that have stymied growth since late 2020 will start to ease, after China's central bank slapped a nearly $1 billion fine on Ant Group

The announcement came a day after the group was fined $984 million in what is likely to be the end of a years-long regulatory crackdown on the once storied Chinese company