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Chatter: Ant Group to Receive $309 Million From Paytm Stake Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=2660415232","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660415232?lang=en_us&edition=fundamental","pubTime":"2026-08-19 09:33","pubTimestamp":1787103226,"startTime":"0","endTime":"0","summary":"Alibaba  affiliate Ant Group is set to receive the proceeds from the sale of a 3% stake in One97 Communications , doing business as Paytm, Bloomberg reported Tuesday, citing exchange data.Resilient Asset Management, controlled by Paytm founder Vijay Shekhar Sharma, offloaded about 19.2 million shares in One97, or 2.99% of the company's equity, through three pre-market block trades Tuesday at 1,535.10 Indian rupees per share, the report said.The proceeds will go to Ant Group under an agreement between the parties, an exchange filing by One97 showed. The transaction relates to the 10.3% stake Resilient acquired from Ant Group in 2023 in exchange for convertible securities. 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Equities Traded in the US as American Depositary Receipts Track Lower in Tuesday Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2660493284","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660493284?lang=en_us&edition=fundamental","pubTime":"2026-08-18 22:41","pubTimestamp":1787064070,"startTime":"0","endTime":"0","summary":"Asian equities traded in the US as American depositary receipts were tracking lower Tuesday morning, declining 1.03% to 2,988.00 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by pharmaceutical company Takeda Pharmaceutical  and fashion platform MOGU , which rose 4.3% and 3.3% respectively. They were followed by tech company Alibaba Group  and game live-streaming platform HUYA , which were up 2.8% and 1.5% respectively.The decliners from North Asia were led by internet and data center services provider VNET Group  and semiconductor company ASE Technology , which fell 9.3% and 8.6% respectively. They were followed by tech company Baidu  and automotive marketplace Token Cat , which lost 8.5% and 5.7% respectively.From South Asia, the only gainers were lender ICICI Bank  and IT firm Infosys , which were up 0.4% and 0.1% respectively.The decliners from South Asia were led by tech conglomerate Sea  and computer hardware maker Canaan , which dropped 3.5% and 3.3% 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Chatter: Alibaba-Backed AI Video Platform ShengShu Technology Weighs Hong Kong IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2660460477","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660460477?lang=en_us&edition=fundamental","pubTime":"2026-08-18 21:29","pubTimestamp":1787059741,"startTime":"0","endTime":"0","summary":"Alibaba-backed  artificial intelligence video platform ShengShu Technology is weighing an initial public offering in Hong Kong, Bloomberg said Tuesday, citing people familiar with the matter.ShengShu aims to raise more than $500 million and is working with China International Capital and Citic Securities on the planned share sale, the report said.Deliberations are ongoing and details of timing and sale size are subject to change, the report added.Alibaba and ShengShu did not immediately respond to MT Newswires' request for 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Update: Consumer Stocks Edge Higher Premarket Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2660460515","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660460515?lang=en_us&edition=fundamental","pubTime":"2026-08-18 21:12","pubTimestamp":1787058777,"startTime":"0","endTime":"0","summary":"Consumer stocks were edging higher premarket Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF  advancing by 1% and the State Street Consumer Discretionary Select Sector SPDR ETF  up 0.1%.Home Depot  stock was up more than 2% after the company posted higher fiscal Q2 adjusted earnings and net sales.Alibaba Group  shares were up more than 2% after Alipay said it launched a full-stack agentic AI commerce platform for merchants.Amer Sports  stock was up more than 6% after the company reported higher Q2 adjusted earnings and revenue, and raised its 2026 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The 60-day negotiation window outlined in the US-Iran memorandum 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