Sruthi Shankar
Stories by Sruthi Shankar
Alibaba dips on MS downgrade as PDD grabs spot of most valuable Chinese e-commerce firm
Alibaba's stock slipped 3.2% to $72.5, touching a fresh one-year low.
CEFC China to buy 20% stake in US brokerage Cowen for $100m
This is the latest in a series of investments by Chinese firms in US companies
Japanese chat app operator Line Corp soars in New York debut
The offering of 22 million American Depository Shares (ADSs) at $32.84 each topped the upper end of the expected price range of $28.50-$32.50, raising
Exchange operator BATS Global Markets sees IPO valuation of up to $2b
The IPO is BATS' second attempt at going public. The company withdrew its IPO in 2012 following a series of glitches that resembled the 2010 "flash cr