Blue Pool, a Hong Kong-based investment firm backed by Alibaba co-founder Joe Tsai, has bought a 12% stake in Italian luxury sneaker maker Golden Goose, the Venice-based brand said on Tuesday. The investment comes after the maker of $600 a pair sneakers abruptly pulled plans for a stock market listing last year.

Stocks rise on bets investors will look for cheaper options after DeepSeek’s popular low-cost AI model sparked a US$1 trillion tech rout.

Chinese tech and e-commerce giant Alibaba on Wednesday announced the release of Qwen2.5-Max, an advanced artificial intelligence model that the company says outperforms several leading AI systems in key benchmarks.

Marshall Group sells a majority stake in the guitar amp and headphones maker to Hong Kong venture capital firm HongShan Capital Group for $1.1 billion

Alibaba Group Holding released on Wednesday an upgraded version of its Qwen artificial intelligence (AI) model, which it said "comprehensively outperformed" in certain benchmark tests DeepSeek-V3, the large language model (LLM) launched in December by China's hottest start-up.

UBS estimates US$236 billion of fund inflows in 2025 as a result of Beijing’s directive to funds to shore up the capital markets.

Alibaba's Joe Tsai discusses the significant geopolitical challenges impacting global markets and business strategies.

The Hong Kong stock market on Wednesday snapped the six-day winning streak in which it had surged more than 1,230 points or 6

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Cloud

The Hong Kong stock market has moved higher in four straight sessions, collecting more than 700 points or 3.7 percent along the way.

The news that a Chinese start-up has created an artificial intelligence bot to rival ChatGPT at a fraction of the cost is spearheading stock losses across the globe on Monday. Not even China was exempt.

China’s tech stocks outperform US rivals as AI wars heat up—Baidu surges 7.66%, Hang Seng gains 0.79%. US officials weigh tighter Nvidia export curbs as DeepSeek’s AI success raises national security concerns.