BRIEF: JST launches $267 million Hong Kong IPO

E-commerce enterprise resource planning (ERP) software provider JST Group Corp. Ltd. (6687.HK) launched its Hong Kong IPO on Monday, aiming to sell 68.17 million shares for HK$30.60 each to raise…

BRIEF: Alibaba stock rallies as Ark Invest buys back in

Shares of Alibaba Group Holding Ltd. (9988.HK, BABA.US) have rallied to a nearly four-year high on media reports that Cathie Wood's Ark Invest recently repurchased $16.3 million worth of the…