Text size An Alibaba Group sign David Becker/Getty Images Chinese tech stocks are soaring. Many have been looking cheap of late, and soothing words from Federal Reserve Chair Jerome Powell only fueled...
Tag: Alibaba
Alibaba Chairman Daniel Zhang Exits Second Board In Two Weeks
Alibaba Group Chairman Daniel Zhang. Photographer: Jason Alden/Bloomberg © 2020 Bloomberg Finance LP Less than two weeks after leaving the board of directors at troubled Beijing ride-sharing app Didi ...
Growth Outperforms In Hong Kong While Value Outperforms In China
China Last Night KraneShares Key News Asian equity markets were off overnight despite the Nasdaq’s impressive intraday reversal as Japan came back from holiday with a thud while India, Malaysia, and T...
Hong Kong Internet Stocks Post Another Strong Day
China Last Night KraneShares Key News Asian equities had a decent start to the week led by the Philippines’ strong day. South Korea was off on tech/growth weakness, and Japan was on holiday. The Hang ...
Alibaba Stock Gets a Target Price Cut. But It’s Still a Buy.
Text size Investors have been buying the big dip in Alibaba’s stock price. Greg Baker/AFP via Getty Images Analysts at Citigroup have slashed their target price on Alibaba stock—but they still s...
A Trade Emerges in Alibaba Stock as Berkshire’s Munger Reportedly Buys
Alibaba (BABA) – Get Alibaba Group Holding Ltd. Report stock has been a poor investment for more than a year now. Shares peaked in October 2020 just shy of $320 and fell more than 65% to last m...
TGHKSWGF! Thank Goodness HK Stocks Were Green Friday! Week In Review
China Last Night KraneShares Week In Review Nearly 3 million electric vehicles were sold in China in 2021, according to full year sales data reported Monday. Tencent sold its $3 billion stake in South...
Hong Kong Internet Stocks Outperform In A Rough Night In Asia
China Last Night KraneShares Key News Asian equities had a rough night following US equity weakness yesterday with an emphasis on tech/growth stocks going into tomorrow’s US payrolls and unemployment ...
Alibaba Stock Rises — as Other Tech Tumbles — Even as It Gets a Price Target Cut
Text size Alibaba investors were taken on a wild, ugly ride in 2021. Could 2022 be different? Greg Baker/AFP via Getty Images Tech stocks have been tumbling. In a surprise twist, Alibaba is doing rema...
Charlie Munger just doubled his bet on tech giant Alibaba to $71.5 million — try these 3 China plays instead to diversify your exposure
Charlie Munger just doubled his bet on tech giant Alibaba to $71.5 million — try these 3 China plays instead to diversify your exposure Warren Buffett is famous for getting “greedy when others a...
Charlie Munger Buys More Alibaba: A Price Chart Analysis
China internet. getty When Charlie Munger adds to an existing position in an equities portfolio, it’s probably a good idea to pay attention. He and Warren Buffett run that legendary Berkshire Hathaway...
Charlie Munger’s Firm Doubles Down on Alibaba Investment. Again.
Text size Charlie Munger Johannes Eisele/AFP via Getty Images Charlie Munger’s other firm has doubled down on an investment in Alibaba Group Holding for the second consecutive quarter. Munger is proba...
Charlie Munger’s Daily Journal Nearly Doubles Alibaba Holding
Reuters Charlie Munger’s Daily Journal nearly doubles stake in China’s Alibaba The U.S. company raised its holding by 99.3% to 602,060 sponsored American Depository Shares as of Dec. 31, D...
Tencent Sets Sail To Some Sea Shares
China Last Night KraneShares Key News Asia equities were largely higher as Japan, Australia, Taiwan, and India outperformed. The Hang Seng bounced around the room, managing a +0.06% gain as volume inc...
Alibaba Drops Amid Signal Some Investors May Be Poised to Sell
(Bloomberg) — Alibaba Group Holding Ltd. shares dropped the most in more than three weeks amid concerns that some investors may be about to cut stakes after swapping their U.S. holdings for Hong...
XPeng, NIO EV Shipments Climb In December As China Makers Cap Year Of Big Gains
He Xiaopeng, chairman of XPeng Motors, in 2018. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP China electric vehicle maker XPeng delivered 16,000 cars in December, an increase of 181%...
Is Alibaba stock a buy or sell after crashing by 50% in 2021?
The Alibaba (NYSE: BABA) stock price collapsed by almost 50% in 2021 as sentiment over Chinese equities dropped. The drop brought its total market capitalization to about $303 billion. Why BABA stock...
Powell’s Dovish Comments Let Markets Fly
China Last Night KraneShares Key News Asian equities had a strong day as Japan, China, Hong Kong, Taiwan, and South Korea posted impressive returns following US Fed Chairman Powell’s dovish comments, ...