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Alibaba Shock Move Casts Fresh Pall Over China Tech

Yahoo Finance
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83% Informative

Bloomberg cancels cloud spinoff of cloud Alibaba Group Holding Ltd. ctions on chip sales to China.

Announcement follows similar warning from Tencent Holdings Lt China impact of chip trade curbs. season na's economic malaise and more frugal co Bloomberg Alibaba emain con 10% n Friday le t Hong Kong with US has hindered shifts to cutting-edge techn $11 billion Earnings Due Monday Pos US arket Keysight Zoom Video Yalla Group --With assi China e from Akshay Chinchalkar, Subrat Patnaik and Henry Ren. Tencent Holdings Ltd. t and earnings sections.) Most Read Anticlimactic g Businessweek 2023 Bloomberg L.P.. 2023 China yFeed_highLightText__NxlGi">Bloomberg Businessweek Most Read fr US Alibaba Dives a $22 Billion lass="summaryFeed_highLightText__NxlGi">Subrat Patnaik Chinese ightText__NxlGi">Akshay Chinchalkar Yalla Group Monday Freshippo NxlGi">US Citrix Systems Inc. Musk Alibaba lass="summar Alex Yao ghLightText__Nxl JPMorgan Chase & Co. n> Hedge Apple Inc. Wednesday Musk Twitch JD.com Inc. > NetEase Inc. ummaryFeed_highLightText__NxlGi">Microsoft Corp. Chinese eed_highLightText__NxlGi Alibaba ltmanHong Kong class= Monday ry Growth ‘Limit tText__NxlGi">OpenAI Tech Chart Ho Xu Dawei /span> Jintong Private Fund Management Gi"> Beijing ibas Asset Management Grea AI r China Asian Liu Minyue China 28 The Hang Seng Tech Index xt__Nx nearly 10% year the first half of November aryFeed_highLightText__NxlGi">19 China ghLightText__NxlGi">the Hang Seng Tencent ghtText__NxlGi">April week ="summaryFeed_highLightText__NxlGi">the Hang Seng TechThree-fourths lass Asia mmaryFeed_highLightText__ Bank of America Corp. Management China yFeed_highLightText__NxlGi">Jian Shi Cortesi last week

VR Score

87

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26

Article tone

formal

Language

English

Language complexity

58

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not offensive

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short-lived

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10

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