What else had a great month? Answer: Tech stocks, European stocks—even gold did well. Read More
This is the web version of Eastworld, Fortune’s newsletter focused on business and technology in Asia. Subscribe here to get future editions in your inbox. On Monday, we learned that China’s economy roared back to a pre-pandemic growth rate of 6.5% in the final quarter of last year, pushing expansion for the full year to 2.3%. That […]
Jack Ma, the former English instructor who uttered Alibaba Group using $60,000, will become the world’s 11th richest man after Ant Group priced stocks for a listing first public offering. Ma’s 8.8% stake will be worth $27.4 billion according to the inventory prices in Hong Kong and Shanghai. This will definitely take the 56-year-old’s fortune […]
