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China weighs stock market rescue package backed by US$278B

China weighs stock market rescue package backed by US$278B
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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China s bold stock-market rescue plan leaves investors sceptical

It’s hard to blame investors for their cynicism. China has a history of marshalling policy resources to stanch market bleeding, but few succeeded.

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Baidu Recoups Some Losses as Analysts See Selloff Overdone

(Bloomberg) Baidu Inc. climbed as much as 4.3% on Tuesday, regaining some of its losses after analysts labeled excessive a selloff triggered by a report of links to Chinese military AI research.Most Read from BloombergUS Merchant Vessel Struck as Shippers Told to Avoid Red SeaTrump Scores Easy Win in Iowa With DeSantis a Distant SecondIowa Latest: Biden Calls Trump ‘Clear Frontrunner’ After WinApple to Pull Blood-Oxygen Tool From Watches to Avoid US Ban If Appeal FailsWhat Is Disease X? How S

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Alibaba s reversal from online superstar is so serious that it briefly lost its crown as China s second-most valuable e-commerce player

Its market value fell below PDD, the company best known for hit U.S. shopping app Temu and domestic bargains trailblazer Pinduoduo.

Hong kongJoseph tsaiDaniel zhangColin huangEddie wuBytedance ltdGoldman sachsUnion bancaire priveeVey sern lingUnion bancaireChief executive officer daniel zhangSingle day

Alibaba s Value Dips Below Upstart PDD s in Landmark for China

Alibaba s Value Dips Below Upstart PDD s in Landmark for China
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Hong kongJack maColin huangDaniel zhangEddie wuJoseph tsaiBytedance ltdUnion bancaire priveeBloomberg alibaba group holding ltdHoldings incGoldman sachsGroup holdingNew yorkVey sern lingUnion bancaireJack ma returns