BABA Denies Plans to Sell Hema and RT-Mart to COFCO
$BABA-W (09988.HK)$reportedly plans to sell retail units like Hema and RT-Mart to COFCO, but both companies refute the claim, stating they are focused on store expansions and regional adjustments.
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.