businesses

Alibaba places shares into healthcare assets ($1.4 BILLION DEAL)

Alibaba places shares into healthcare assets ($1.4 BILLION DEAL)

Chinese e-commerce business Alibaba Group Holding Ltd (NYSE: BABA) sold some shares of pharmaceutical business to fund purchases of health-related assets through $1.4 billion deal.Alibaba Health Information Technology Ltd., a subsidiary of Alibaba, ..

Short Sellers Continue to Complain About Stock Manipulations in Hong Kong

Short Sellers Continue to Complain About Stock Manipulations in Hong Kong

Stock manipulations in Hong Kong are on the rise, say, short sellers, who are determined to bring these to the light despite the many challenges they face in doing so. The number of complaints from their brethren against Chinese companies listed in ..

iPhone Production Issues Threaten Apple Sales Rebound

iPhone Production Issues Threaten Apple Sales Rebound

Apple Inc. (NASDAQ: AAPL) is known for its remarkable branding and marketing their product in a way ahead of its time. However, if the company can’t even make the product, there is no amount of branding that could save the product. Apple is re..

China’s Cosco Shipping Holdings Buy’s Stake in Orient Overseas International Ltd

China’s Cosco Shipping Holdings Buy’s Stake in Orient Overseas International Ltd

For $6.3 million, China’s Cosco Shipping Holdings Co. decided to buy a controlling stake in Hong Kong based Orient Overseas International Ltd. (OOIL) This resulted in a deal that would expand China’s container shipper services, making it..