Blue Pool, a Hong Kong-based investment firm backed by Alibaba co-founder Joe Tsai, has bought a 12% stake in Italian luxury sneaker maker Golden Goose, the Venice-based brand said on Tuesday. The investment comes after the maker of $600 a pair sneakers abruptly pulled plans for a stock market listing last year.

Blue Pool has bought a 12 per cent stake in Italian luxury sneaker maker Golden Goose, the Venice-based brand said on Tuesday.

Stocks rise on bets investors will look for cheaper options after DeepSeek’s popular low-cost AI model sparked a US$1 trillion tech rout.

The Hong Kong-based family office set up by Joe Tsai, cofounder and chairman of the Alibaba Group, has acquired a 12 percent stake in the Italian company.

HONG Kong billionaire Michael Kadoorie has approached investors to raise at least HK$389 million (S$68.3 million) to fund efforts to boost the city’s image, according to people familiar with the matter.

UBS estimates US$236 billion of fund inflows in 2025 as a result of Beijing’s directive to funds to shore up the capital markets.

Hong Kong billionaire Michael Kadoorie has approached investors to raise at least US$50 million (HK$389 million) to fund efforts to boost the city’s image, according to people familiar with the matter.

The Cboe Options Exchange (CBOE) saw more than 1.8 million call contracts and 967,197 put contracts exchanged on Tuesday. The single-session equity put/call ratio fell to 0.53 and the 21-day moving average stayed at 0.60.

Principal Ma Chun-kong noted, “AI is crucial from primary ... and Tong Nga-kiu expressed their enthusiasm about visiting Alibaba’s headquarters. The champions of the talent group, Hong Chi Winifred Mary Cheung Morninghope School, showcased the ...

Marshall Group sells a majority stake in the guitar amp and headphones maker to Hong Kong venture capital firm HongShan Capital Group for $1.1 billion

Hong Kong stocks rallied on Monday, with the Hang Seng Index gaining over 500 points at one point during the afternoon trading session. The index touched a high of 20,093.65 before closing at 19,925.81,

Alibaba's Joe Tsai discusses the significant geopolitical challenges impacting global markets and business strategies.