HONG KONG -- Trading in Alibaba.com shares was suspended Thursday, pending an announcement regarding its parent, Chinese e-commerce giant Alibaba Group, which is reportedly planning to buy back the 40 percent stake held by Yahoo (YHOO).
Alibaba.com Ltd. shares have been suspended from trading in Hong Kong as the Chinese e-commerce company prepares to release information about a possible deal involving its parent company and Yahoo Inc.
Alibaba.com Ltd. suspended its shares from trading in Hong Kong as the company prepares a statement about a transaction involving its parent, which is raising about $3 billion to buy back stock held by Yahoo! Inc.
Chinese biz counts readies to buy back web biz's share Alibaba.com has suspended its shares on the Hong Kong market, pending news from its parent company Alibaba Group, which reportedly wants to buy back Yahoo!'s stake in the company.…
lives in Shanghai and writes about tech investment in China for and at www.youngchinabiz.com. Let?s get this story finished and move on! I don?t mean to sound impatient, but that?s my first reaction on reading the latest reports about Alibaba?s endless saga in its quest to buy out the 40 percent stake in itself held ...
Trading in Alibaba.com shares was suspended Thursday, pending an announcement regarding its parent, Chinese e-commerce giant Alibaba Group, which is reportedly planning to buy back the 40 percent stake held by Yahoo.
Chinese online commerce giant Alibaba plans to borrow $3 billion to buy back the stake Yahoo! owns in the company, a report said Thursday, as the struggling US Internet firm overhauls its Asia holdings.
Alibaba.com has asked the Hong Kong stock exchange to halt trading in the company?s shares, apparently over rumors involving parent Alibaba Group and the possibility it will buy back the 40% stake in the company held by Yahoo.
SHANGHAI/HONG KONG (Reuters) - Trading in shares of Alibaba.com Ltd was halted on Thursday pending an announcement regarding its parent, Chinese e-commerce giant Alibaba Group, which reportedly plans to buy back the 40 percent stake in it held by Yahoo Inc. Sources told Reuters last month that Alibaba Group, founded by former English teacher and now billionaire Jack Ma, was looking to raise a $3 ...
Alibaba.com has asked the Hong Kong stock exchange to halt trading in the company?s shares, apparently over rumors involving parent Alibaba Group and the possibility it will buy back the 40% stake in the company held by Yahoo. Actually, the statement Alibaba.com made to the exchange said that it requested the halt ?pending clarification of ...
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