News tagged with hong kong stock exchange

Alibaba post-IPO structure gives insiders control

Control over Alibaba Group will stay in the hands of founder Jack Ma and other company veterans after the Chinese e-commerce giant goes public on the New York Stock Exchange in a record busting share sale.

dateSep 17, 2014 in Business
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China's Baidu buys mobile app firm for $1.9 bn

China's leading web search engine Baidu is to buy a smartphone app distribution firm for $1.9 billion, it said Tuesday, in what is believed to be the largest takeover in the country's Internet industry.

dateJul 16, 2013 in Business
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China's Tencent quarterly profit rises 32%

Chinese Internet giant Tencent on Wednesday posted a third quarter net profit increase of 32 percent, benefiting from the popularity of its instant messaging services and online games.

dateNov 14, 2012 in Business
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China Mobile net profit rises 1.4%

China Mobile, the world's biggest mobile operator by subscribers, Monday reported a 1.4 percent rise in net profit for the first nine months of the year, amid robust growth in its subscriber base.

dateOct 22, 2012 in Business
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Feud over iPad highlights faded tech firm's woes

The battle between an ailing Chinese electronics maker and Apple Inc. over the iPad name is just as much a tale of obsolescence in the fast-moving global technology industry as it is a legal row over a trademark.

dateFeb 27, 2012 in Business
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Hong Kong bourse hit by 'malicious hacking'

The Hong Kong stock exchange said Wednesday its website had been hit by "malicious hacking", forcing trading in at least seven companies that issued price-sensitive information to be suspended.

dateAug 10, 2011 in Internet
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Top Alibaba executives resign after fraud probe

(AP) -- Chinese e-commerce giant Alibaba says two of its top executives are resigning to take responsibility after a probe discovered more than 2,000 suppliers had defrauded customers, sometimes with the alleged collusion ...

dateFeb 21, 2011 in Business
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Lenovo buying back mobile phone business

(AP) -- Personal computer maker Lenovo Group said Friday it is joining the race to develop products that link phones and PCs by buying back a mobile phone business that it sold last year.

dateNov 27, 2009 in Business
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