Tag: alibaba

China signals RMB appreciation on the cards; Alibaba creates China’s first small loan securitisation; India departing from monetary tightening strategy

Many of China’s small exporters denied hedging tools have warmed to the new FX hedging offering from Alibaba’s subsidiary Shenzhen OneTouch Business Services.

China’s largest pregnancy and parenting portal Babytree.com has recruited Larry Meng Changan, former finance director of Alibaba Cloud Computing Company, as its new CFO.

An Alibaba subsidiary is now offering FX hedging to its SME clients deprived of such tools from banks in China.

Ng Yuk-keung is set to join software designer Kingsoft to become its new CFO. Ng will join from NT Pharma, the Chinese vaccine producer troubled by recent financial difficulties.