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IDG is one of the oldest venture firms in the market and has been in China since 1993, having invested in more than 1,600 companies, with 500 of them going public or getting acquired.
Alibaba’s board approves a $25 billion increase to the company’s share repurchase program through the end of 2027.
Huawei is ramping up production of AI chips as Chinese companies focus on using domestic suppliers
The short-term lift is real -- but only one of these three stocks is a long-term winner.
Alibaba is expected to report earnings of 2.39 Chinese yuan (34 cents) a share on revenue of 261 billion yuan ($36.7 billion) in the December quarter.