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Alibaba plans US$5bil bond this month amid regulatory scrutiny - Vimarsana News

Alibaba plans US$5bil bond this month amid regulatory scrutiny

HONG KONG: China's Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a U.S. dollar-denominated bond this month, four people with knowledge of the matter said, amid regulatory scrutiny of co-founder Jack Ma's empire.

Baidu stock price hits fresh highs on EV news - Vimarsana News

Baidu stock price hits fresh highs on EV news

Baidu (Nasdaq: BIDU) share price reaches US$191.26 a share, exceeding analysts’ forecasts The artificial-intelligence heavyweight might use contract manufacturing to produce its own EVs In 2021, its core search business could see revenue recovering, analysts say Meanwhile, Donald Trump has signed a new law that could remove Chinese stocks from the US Trade Baidu, long or short, with an IG Trading Account now Why did Baidu’s shares climb recently? The uptrend in Baidu Inc’s stock price sped up in the past two weeks, hitting two-year highs. Based on its US$191.26 close on Tuesday (22 Dece...

Source: ig.com