ADRs of Alibaba (NYSE:BABA) and JD.com (NASDAQ:JD) climbed sharply on Wednesday, as upbeat preliminary results from China’s annual 618 shopping festival reassured investors about consumer demand.

Chinese e-commerce giants Alibaba and JD.com noted strong sales in their 618 shopping festival with government subsidy. Positive outlook on Chinese stocks.

Preliminary data shows Apple, Xiaomi, Huawei, Midea and Haier each rang up sales of over US$13.9 billion on the two shopping ...

The Parisian fashion house is one of the last major luxury players to join, while its beauty arm has been running its own ...

Apple, Xiaomi, Huawei, Midea and Haier each rang up sales of over US$13.9 billion on the Alibaba and JD.com shopping ...

Public information, compiled by MoonFox Research Institute . I. Instant Retail Shows Strong Potential, but Sustained Survival Remains Challenging . To begin with, it' ...

Alibaba's stock closed at a record high of $310.29 on Oct. 27, 2020. That marked a 356% gain from its IPO price. At the time, ...

Tmall was launched in 2008 as a spin-off from Taobao, aimed at offering a more professional and brand-focused e-commerce experience. Unlike Taobao’s open-door approach, Tmall operates on a strict ...

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating ...

Alibaba reports 22% YoY profit growth in Q4, driven by Taobao & Tmall. Read more to understand the trade risks and valuation ...

Chinese launch startup conducts vertical takeoff and splashdown test Chinese rocket maker Sepoch has carried out a first ...

According to a report from the Chinese Academy of International Trade and Economic Cooperation, the market scale of China's ...