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EU regulators to issue formal warning to JD.com over Ceconomy deal, sources say
Reuters14d agoneutral
EU regulators to issue formal warning to JD.com over Ceconomy deal, sources say

EU regulators will issue formal ‌charges against Chinese e-commerce ‌giant JD.com over its $2.5 billion bid ​for German electronics retailer Ceconomy, underlining their concerns of unfair subsidies, people familiar with the ‌matter said. The ⁠charges, known as a statement of grounds under ⁠the Foreign Subsidies Regulation, are similar to a statement ​of objections ​or ​charge sheet under ‌EU merger rules where regulators outline specific concerns, which must be addressed by companies or risk a veto on ‌the deal. JD.com said ​the statement of ​grounds is ​a normal procedural ‌step and that it ​continues ​to expect a positive conclusion of the process in ​the second ‌half of 2026.

Bloomberg15d agoneutral
China’s GigaAI Seeks 2026 Hong Kong IPO in First for World Model

(Bloomberg) -- Jijia Vision is in discussions to hold an initial public offering on Hong Kong’s stock exchange as soon as this year, joining a flurry of Chinese AI firms planning public market debuts. Most Read from BloombergSaudi-Led Coalition in Yemen Vows to Protect Ships From HouthisUS Strikes Iran in Escalating Campaign After Troops KilledIran Says Mediators Stepping In After Days of US ClashesMoonshot’s Kimi K3 May Be More About Memory Than ComputeChinese AI Sensation Moonshot’s Gamble on

Bloomberg19d agoneutral
Michael Burry Says ‘Good Time’ to Chase Hong Kong Stock Bargains

(Bloomberg) -- Michael Burry, the investor made famous in The Big Short, recommends bargain hunting in Hong Kong’s stock market after it lagged peers during the global AI rally this year. Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveUS Cyclospora Outbreak Tied to Taco

Bloomberg19d agoneutral
DeepSeek Champions China’s Bid to Flood the World With Cheap AI

(Bloomberg) -- On a video conference call from Hangzhou earlier this year, one of China’s hottest startups held a four-hour pitch meeting with potential venture investors that was unusual by almost any measure. Only two representatives per institution were allowed. The majority of those present were getting a glimpse of the company’s leader for the very first time.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Cat

Michael Burry pulls back on massive Palantir short bet
TheStreet38d agoneutral
Michael Burry pulls back on massive Palantir short bet

Michael Burry is not a name the market ignores. The investor behind the "Big Short" trade that predicted the 2008 financial crisis has made his bearish stance on Palantir Technologies one of the more talked-about positions on Wall Street. Now, something has shifted. According to GuruFocus: Burry's ...

Bloomberg44d agoneutral
Chinese Stocks in Hong Kong Rebound From Edge of Bear Market

(Bloomberg) -- A gauge of Chinese equities in Hong Kong trimmed losses, supported by a rotation into financial shares as investors shifted out of artificial intelligence-linked names.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedTrump’s Fears About Economy Undercut US Leverage in I

Bloomberg54d agoneutral
Alibaba Bids $1.5 Billion for China Grocer in Meituan Fight

(Bloomberg) -- Alibaba Group Holding Ltd. is offering $1.5 billion to buy Chinese grocery delivery firm Pupu, initiating a bidding war as part of a broader campaign to wrest market share from online commerce rival Meituan.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Insists Iran Deal Is Close After Scrapping New StrikesTrump Vows New Attacks on Iran, Threatens Key Energy TargetsUAE and Iran Meet Fa

JD.com's Ceconomy deal involves Chinese subsidies, EU regulators warn
Reuters69d agoneutral
JD.com's Ceconomy deal involves Chinese subsidies, EU regulators warn

Chinese e-commerce giant JD.com's $2.5 billion bid for German electronics retailer ‌Ceconomy may involve Chinese subsidies, European Union competition regulators ‌warned on Thursday as they opened a full-scale investigation into the deal. The ​acquisition will allow one of China's largest retailers to expand outside its home market via Ceconomy-owned electronic products retailers MediaMarkt and Saturn. The decision by the European Commission marks its first ‌in-depth probe of a ⁠Chinese deal under its Foreign Subsidies Regulation, which targets unfair foreign state aid and could ⁠require JD.com to offer concessions to address its concerns.

Bloomberg75d agoneutral
DeepSeek Founder Avows AGI Goal Ahead of $10 Billion Funding

(Bloomberg) -- DeepSeek’s senior management has told potential investors in its ongoing 70 billion yuan ($10 billion) funding round that the startup will prioritize groundbreaking AI research over short-term commercialization, people familiar with the matter said.Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Iran in Talks With Oman Over Perm

Alibaba Targets Big AI Gains Even as Business Growth Falls Short
Bloomberg83d agoneutral
Alibaba Targets Big AI Gains Even as Business Growth Falls Short

(Bloomberg) -- China’s twin technology leaders reported revenue that fell short of estimates, signaling the challenges in translating higher AI spending into profits. Yet investors piled into Alibaba Group Holding Ltd. after the company declared it’s on track to triple revenue from artificial intelligence services.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Coun

JD.Com Analyst Raises Estimates On Recovering Profitability, Earnings Inflection
Benzinga84d agoneutral
JD.Com Analyst Raises Estimates On Recovering Profitability, Earnings Inflection

Shares of JD.Com Inc (NASDAQ:JD) surged on Wednesday after the company posted strong first-quarter (Q1) results. Benchmark analyst Fawne Jiang said the Q1 results and second-quarter outlook point to "a clear earnings inflection point," with profitability growth "firmly back on track." The JD.Com Analyst: Jiang, reiterated a Buy rating and raised the price target from $38 to $42. The JD.Com Thesis: Despite a challenging backdrop, the company delivered modestly better-than-expected revenue, margin

JD.com (JD) Earnings A Test For Michael Burry’s Bull Thesis
Insider Monkey84d agoneutral
JD.com (JD) Earnings A Test For Michael Burry’s Bull Thesis

JD.com Inc. (NASDAQ:JD) is one of the 9 Stocks Big Short’s Michael Burry Is Betting On. On May 5, an SPDB analyst set a target price of HK$135 on JD.com Inc. (NASDAQ:JD) and maintained a Buy rating on the stock. This reflects a 14.5% upside from here on. Michael Burry usually backs stocks for much […]

JD.com Q1 Earnings Call Highlights
MarketBeat85d agoneutral
JD.com Q1 Earnings Call Highlights

JD.com (NASDAQ:JD) reported a faster pace of revenue growth and higher profitability in the first quarter of 2026, as gains in general merchandise, marketplace services and logistics helped offset continued pressure in electronics and home appliances. Chief Executive Officer Sandy Xu said total rev

Investing.com102d agoneutral
The GDP-employment disconnect is deepening in China

Investing.com -- China’s economy is facing a deepening rift between headline growth and labor market health. The nation posted a solid 5.0% year-on-year GDP print in the first quarter of 2026. But, underlying data reveal persistent weakness in employment, particularly among younger cohorts.