
Alibaba Invests in EQuota Energy
EQuota Energy on Tuesday issued a change to its official registration with the Industrial and Commercial Administration, adding Alibaba as new shareholder.
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EQuota Energy on Tuesday issued a change to its official registration with the Industrial and Commercial Administration, adding Alibaba as new shareholder.
Three listed companies of HNA Group disclosed that a total of 61.5 billion yuan ($9.57 billion) had been embezzled by shareholders and other related parties.
Alibaba Health Information Technology Limited announced on the Hong Kong Stock Exchange website on May 20 that that its parent entity, Alibaba, has increased its shareholding in the company from 7,664,602,068 shares to 7,713,318,533 shares.
Roborock, an intelligent home-cleaning robot company, disclosed a shareholding reduction announcement on Thursday night.
In April this year, news emerged that JuneYao Group, a top 500 company in China, has become the actual controlling shareholder of Yudo Automobile. The report was confirmed on September 2.
On October 12, Tencent’s share price fell below HK$250, hitting a new low since November 2018. It fell more than 60% from its historical high at the beginning of 2021 and now only has a market value of only HK$2.43 trillion.
Berkshire Hathaway, an investment company owned by Warren Buffett, sold 2.4805 million shares of BYD on March 31 at an average price of HK$217.67 ($27.73) per share for a total of approximately HK$540 million ($68.8 million).
Beijing Zhizhe Tianxia Technology Co., Ltd., an affiliated company of Zhihu has undergone changes to its registration with the country's Industrial and Commercial Administration recently.
Leading ride-hailing company Uber Technologies Inc. is seeking to sell part of its $6.3 billion stake in Didi Chuxing, Bloomberg reported.
On November 11, documents on the Hong Kong Stock Exchange (HKEx) showed that Berkshire Hathaway, founded by Warren Buffett, reduced its holdings of more than 5.78 million BYD shares at HK $196.99 on November 8, and its shareholding ratio dropped to 16.62%.
On November 16, Tencent released its financial report for the third quarter of 2022, and announced its decision to distribute most of its shares in Meituan, which will be completed in March next year. Tencent President Martin Lau has resigned as a non-executive director of Meituan.