CHINA BULLETIN: Property Keeps Slumping
In this week’s issue local governments suffer from Covid payment burnout, China callers turn off 5G and Tencent dumps Meituan. On a scale of 1 to 10, we give the week a 6 for offshore-listed China stocks.
No Happiness in ‘Double 11’ Shopping Fest for Depressed Alibaba
The e-commerce giant may record its first-ever sales decline in this year’s ‘Double 11’ online shopping extravaganza as its shares sink to their 2014 IPO level Key Takeaways:Alibaba's merchandise sales…
Could ‘Double 11’ Festival Players Post Their First-Ever Sales Declines?
A combination of macro headwinds and cutthroat competition could make it difficult to achieve another year of substantial growthBy Chan Ka PoNow in its 14th year, the Nov. 11 online…
