China stocks fall on COVID-19 lockdowns

10:58am, Monday, 14'th Mar 2022
Yahoo Finance's Jared Blikre breaks down how Chinese stocks are trading.
A selloff from last week extends into Monday amid Covid-19 lockdowns and new regulatory threats.
New York City, New York Mar 14, 2022 ( Issuewire.com ) - As China''s leading used consumer electronics service and transaction platform, ATRenew (NYSE: RERE) aims to transform and advance the Chinese consumer electronics industry by facilitating recycling and transaction pre-owned electronic products (3C) and services, to connect and empower all ecosystem participants, while leading the way with Environmental Social Governance (ESG) initiatives. In their ESG report issued in 2020, the listed company outlined how they are making these core principles that play a central role in corporate development. In Q3 2021 [1] , ATRenew has further improved the strategies of top-level governance and information security management and promoted sustainable practices among its employees and managers continuously. Xuefeng Chen, the founder, and CEO of ATRenew is a key driver of this initiative: "The structure of ESG is at the heart of our mission. As a global leader in the circular economy and used consumer electronics industry, we have been the first company in the pre-owned consumer electronics market to publish an ESG report which responds to the issue of carbon emissions in the recycling and the resale of electronic consumer products including mobile phones.
JD.Com Inc (NASDAQ: JD ) subsidiary, JD Logistics Inc, has entered a series of agreements to acquire Deppon Logistics Co Ltd . JD Logistics will acquire about 99.99% of the equity interest in Ningbo Meishan Baoshui Area Deppon Investment Holding Company Limited, which holds … Full story available on Benzinga.com
The Chinese and South Korean e-commerce markets are still booming.
JD.Com Inc (NASDAQ: JD) subsidiary, JD Logistics Inc, has entered a series of agreements to acquire Deppon Logistics Co Ltd. JD Logistics will acquire about 99.99% of the equity interest in Ningb
Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Monday and dragged the benchmark Hang Seng Index sharply lower for a second straight day amid worries about a growing COVID-19 outbreak in China. Stock Movement (+/-) Xpeng Inc. (NYSE: XPEV ) -16.9% Li Auto Inc. (NASDAQ: LI ) -16.6% Baidu Inc. (NASDAQ: BIDU ) -14.9% JD.com Inc . (NASDAQ: JD ) -12.4% Nio Inc . (NYSE: NIO ) -12.3% Alibaba Group Holding Limited (NYSE: BABA ) -7.8% Tencent Holdings Limited (OTC: TCEHY ) -4.5% See Also: How To Buy Alibaba (BABA) Stock The Macro Factors: The Hang Seng Index opened sharply lower and … Full story available on Benzinga.com

JD.com to buy courier company Deppon Logistics in $1.4B deal

09:52pm, Sunday, 13'th Mar 2022 Seeking Alpha
JD.com (JD) says its JD Logistics subsidiary agrees to acquire Chinese logistics firm Deppon Logistics for ~9B yuan ($1.42B) in an effort to boost its network infrastructure in…
JD.com Inc. JD, -8.63% is planning to buy Shanghai-listed Deppon Logistics Co. for 9 billion yuan ($1.42 billion) as part of efforts by the e-commerce company to boost its freight and warehousing netw
(Reuters) – Chinese e-commerce giant JD.com Inc on Sunday said that its subsidiary JD Logistics Inc has agreed to buy domestic courier Deppon Logistics Co Ltd.
JD Logistics Inc. plans to buy Chinese logistics firm Deppon Logistics Co. as the delivery arm of China e-commerce giant JD.com seeks to boost its network infrastructure in the world’s second-largest economy.
Karnataka Congress leader CM Ibrahim resigns from party and MLC post, likely to join JD(S)

JD(U), NPF to support BJP government in Manipur

03:30pm, Saturday, 12'th Mar 2022 Buziness Bytes
Imphal, March 12 (IANS) The Janata Dal (United) and the Naga People’s Front (NPF) on Saturday announced to support the BJP-led government in Manipur, party sources said. The JD(U), which fielded 38 candidates in the recent Assembly elections, won six seats, while the NPF, which put up 10 nominees won five seats against four seats […] The post JD(U), NPF to support BJP government in Manipur appeared first on Buziness Bytes .

Karnataka Congress Leader CM Ibrahim Quits Party

12:12pm, Saturday, 12'th Mar 2022 NDTV
Senior Congress leader and MLC CM Ibrahim on Saturday said he has resigned from the primary membership of the party, and was inclined to join the JD(S).
Yesterday, an independent candidate Nishikant Singh Sapam who won the elections from the Keishamthong assembly constituency, extended his support to the saffron party.
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