Hong Kong Market hits four-week high business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
With its 100 billionaires, Beijing has more than any other city in the world
It over-took New York City - with 99 - in this year s Forbes World s Billionaire List
China s capital added 33 new billionaires in the last year, despite the pandemic
China was the only major world economy to grow at all last year amid Covid-19
The richest person in Beijing was Zhang Yiming, the founder of the app TikTok
Forbes reveals 40 people who have seen their fortunes soar due to fighting the coronavirus pandemi dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.
1-Year Price Change: Up about 18%
Chinese group Alibaba is best known as an e-commerce and, increasingly, a cloud computing company. In online shopping, it has around a billion global annual active consumers, including about 800 million consumers in China and 200 million outside China. But its healthcare focus is also becoming increasingly important for the group.
Alibaba’s management highlights, “Alibaba Cloud is committed to apply data intelligence to help doctors and nurses offer better healthcare services to patients and ultimately save more lives.” Alibaba is also putting resources into the Internet of Things (IoT) with applications in healthcare, including the digitization of medical information and processes.