FAST NEWS: Alibaba’s Cainiao logistics unit applies for separate listing
The latest: E-commerce giant Alibaba Group Holding Ltd. (BABA.US, 9988.HK) said Tuesday its logistics arm, Cainiao Smart Logistics Network Ltd., filed to list separately on the Hong Kong Stock Exchange, making it the…
CHINA BULLETIN: Rare Signs of Improvement in Industrial Output, Retail Sales
In this week’s issue fleeing foreign investors, TikTok opens a new U.S. shop and Moutai gets chocolaty. On a scale of 1 to 100, we give the week a 45…