China Last Night KraneShares Key News Asian equity markets rebounded overnight, less so India, as Silicon Valley Bank (SVB) contagion fears receded. This morning, European markets and banks sold off s...
Tag: Alibaba
People & Policies Propel Markets Higher
China Last Night KraneShares Key News Asian equities were mixed as Mainland China and Hong Kong outperformed, Taiwan and South Korea posted small gains, while Japan, India and Thailand posted declines...
Bilibili Gets Connected As Bank Contagion Goes Global, Week In Review
China Last Night KraneShares Week in Review China’s “Two Sessions” meetings of the 14th National People’s Congress are set to conclude this weekend after an unsurprising week in which a GDP target of ...
JD Releases Q4 Financial Results
China Last Night KraneShares JD.com Q4 Earnings Overview JD.com (JD US, 9618 HK) announced Q4 financial results post-Hong Kong close/pre-US market open. We knew Q4 would be challenging as zero COVID’s...
Alibaba Rival JD.com Clocks Over 7% Revenue Growth In Q4; Surpasses RMB 1T In Annual Revenue
JD.com, Inc (NASDAQ: JD) reported fourth-quarter FY22 revenue growth of 7.1% year-on-year to $42.84 billion, beating the consensus of $42.73 billion. JD Segment Performance: JD.com’s net product...
Financial Regulator Reform Gives Foreign Investors Pause
China Last Night KraneShares Key News Asian equities were mixed but mostly lower overnight as Hong Kong underperformed as foreign investors expressed concerns over a reshuffling of financial regulator...
Mysten Labs Partners With Alibaba Cloud to Support the Growth of the Sui Ecosystem
PALO ALTO, Calif.–(BUSINESS WIRE)–Mysten Labs (“Mysten” or the “Company”), a Web3 infrastructure company and initial developer of the Sui Layer 1 blockchain, today announced the signing of a Memorandu...
Alibaba Group (BABA): Can E-commerce giant Ride the Rally?
Alibaba Group (BABA) launched the Global e-commerce Challenge. China’s aggressive economic plan aims for 5% GDP growth. Alibaba Group (BABA), the e-commerce giant, is complying with China’s aggressiv...
PMIs Smash Expectations Leading To A Three Standard Deviation Day In Hong Kong
China Last Night KraneShares Key News Asian equities were higher overnight with Hong Kong and Mainland China outperforming. Several Asian countries underperformed while South Korea was on holiday for ...
Alibaba Stock’s Recovery Has Momentum. This Is One Potential Risk.
Analysts are increasingly upbeat about Alibaba stock in the wake of the group’s quarterly earnings, which supported the narrative that the Chinese tech company’s recovery is on track. But a familiar c...
Michael Burry’s Top Buys Of The 4th Quarter
Summary The investor bought positions in Black KnightBKI , CoherentCOHR , Alibaba, JD.com and Wolverine World WideWWW . Michael Burry, the famed investor covered in Michael Lewis’ book, “The Big Short...
US Dollar Strength & Political Rhetoric Weigh On Markets, Week In Review
China Last Night KraneShares Week in Review Asian equities were mostly lower this week, following US equities south as positive internet earnings, which kicked off this week, could not stem the market...
Concerns Over Chinese ‘Price War’ Sees Alibaba Stock Plunges Despite Major Earnings Beat
Alibaba, founded by Jack Ma, is the biggest e-business company in China. Getty Key Takeaways Alibaba has announced a major earnings beat, with net income rising 69% compared to the same time last year...
Jack Ma Loses His $3 Billion Gain As Investors Worry About Alibaba’s Growth Outlook
Alibaba cofounder Jack Ma. Wang HE/Getty Images Billionaire Jack Ma is back to square one. The $3.4 billion gain to his wealth since the start of the year has all but evaporated, after Alibaba’s stock...
Alibaba, NetEase Slump as Earnings Fail to Impress Investors
(Bloomberg) — China’s technology companies took a beating after more firms reported earnings, as price wars and geopolitical tensions cloud the growth outlook for the sector. Most Read from Bloo...
Alibaba Beats! (Along With NetEase & Vipshop)
China Last Night KraneShares Alibaba Q4 Earnings Overview Alibaba beat analyst expectations in its financial results, reported this morning, despite challenges from reopening and resulting infections ...
Baidu Busts A Move With Strong Q4 Results And A Buyback, Peace Proposal Coming?
China Last Night KraneShares Key News Asian equity markets were ALL down after US equity markets fell and Treasury yields rose yesterday as risk markets are taking the Fed tightening seriously. The As...
Alibaba May Report Slowest-Ever Quarterly Revenue Growth
Key Takeaways Chinese e-commerce giant Alibaba will likely report a slight decrease in adjusted earnings per share to 16.55 yuan from 16.87 yuan for the quarter ending in December. Revenue is expected...
Why Alibaba Stock And Its Tech Peers Trading Lower Premarket?
JD.Com, Inc (NASDAQ: JD) is eyeing a 10 billion yuan ($1.5 billion) subsidy campaign against the budget shopping app PDD Holdings Inc (NASDAQ: PDD) in Early March to compete. The subsidies will cover ...
Shanghai Breaks Out As “Competition Fears” & Strong Dollar Sink JD.com
China Last Night KraneShares Key News Asian equities were mixed overnight with Hong Kong underperforming on weakness in internet stocks. Worth pointing out that the Hang Seng and Hang Seng Tech gained...
Hang Seng nears correction zone ahead of Baidu, Alibaba earnings
The Hang Seng index is unraveling. It has been in the red for three straight weeks and dropped by 9.8% from its highest point this year. This signals that it is nearing a correction level even as its ...
Walmart, Alibaba, Moderna, and More Stocks to Watch This Week
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Elusive Chinese Billionaire Jack Ma Spotted In Australia, Report Says
Topline Alibaba co-founder Jack Ma was recently seen in Australia, Bloomberg reported, in what appears to be a continuation of a quiet world tour for the elusive Chinese billionaire who has largely ke...
Walmart, Alibaba, Moderna, and More Stocks for Investors to Watch This Week
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Al Gore’s Firm Sells Alibaba Stock, TSMC, and Shopify. It Bought TI.
Generation Investment Management, chaired by former Vice President Al Gore, recently made big changes in its portfolio, reshuffling its holdings in the semiconductor business as its money managers cit...
Bullard Bites The Bulls As Mester Messes With Risk On Sentiment, Week In Review
China Last Night KraneShares Week in Review It was another choppy week of trading for Asian equities as investors assess their risk tolerance considering the potential for two or more rate hikes from ...
“Alibaba was my worst investment ever,” says Charlie Munger
The Daily Journal of Charlie Munger holds shares of Bank of America and several others. Berkshire Hathaway generates $ 250 billion in revenue. Charlie Munger, the vice chairman of Berkshire Hathaw...
Declining Birthrate Policies Arrive As Hong Kong Internet Stocks Rise
China Last Night KraneShares Key News Asia equities were higher overnight as Hong Kong and South Korea outperformed, while Mainland China underperformed. Hong Kong internet stocks shook off yesterday’...
Michael Burry and David Tepper snapped up Alibaba during the fourth quarter
High-profile investors Michael Burry and David Tepper were buying Alibaba during the fourth quarter, potentially putting them in a position to profit from the reopening of the Chinese economy. Scion A...