Author: Jenny Lee

Alibaba shares plunged as much as 10% in Hong Kong on Monday after the Chinese tech giant priced an 80 billion Hong Kong dollar ($10.20 billion) placement of newly issued shares to non-U.S. investors. 

Shares of Pop Mart fell over 4% in Hong Kong on Friday after the Labubu maker reported first-half results that showed declining sales in Asia-Pacific and the Americas.

Samsung Electronics has announced a shareholder return package, marking a blockbuster week for shareholder returns among South Korea's chip giants following SK Hynix's share buyback.