Xiaomi’s strong results overshadowed by falling prices
The smartphone maker’s third-quarter profit beat expectations, but its average smartphone price fell below 1,000 yuan for the first time in nearly four years Key Takeaways: Xiaomi’s smartphone shipments rose…
Alibaba International revenues jump, losses narrow on growing synergies
Alibaba Group’s international unit continued to post improving performance in its latest quarter ahead of a planned fundraising Key Takeaways: Alibaba International’s revenue jumped and its EBITA loss narrowed in…
Fintech Lufax Seeks Dual Listing as Pandemic Hits Profits
Ping An-backed Lufax has applied to have its shares traded in Hong Kong as well as the U.S., following in the footsteps of dual-listed fintech firms OneConnect and 360 DigiTechKey…
FAST NEWS: Alibaba Pictures’ First-Half Loss Narrows Sharply
The latest: Filmed entertainment maker Alibaba Pictures Group Ltd. (1060.HK) last Friday estimated its net loss for the first half of its fiscal year through September narrowed at least 43.6%…
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