Alibaba Group Holding Ltd. fell in Hong Kong morning trading, extending a selloff overnight on Wall Street after its fintech arm Ant Group Co. denied reports about a revival of its initial public offe...
Tag: BABA
BABA Stock: China Internet To Report Results
The bellwether stock for China internet companies, e-commerce giant Alibaba Group (BABA), reports quarterly results early Wednesday. The report on BABA stock could give insight into where the economy ...
Alibaba Is Sold out on the Downside
I read online Monday that half of the provinces in China are in some form of Covid lockdown so I see the news as half full rather than half empty. I see China at a bearish extreme and “uninvesta...
Jack Ma ‘Arrest’ and SEC’s DiDi Investigation Whack China Tech Stocks
Mainland traders will have a nasty shock on their hands when they return to their computer screens on Thursday after a long holiday. The Hong Kong market saw heavy selling here on Wednesday in Chinese...
Alibaba Stock Stake Slashed by Charlie Munger’s Daily Journal
Text size Charlie Munger attends the annual Berkshire shareholders meeting in Omaha in 2019. JOHANNES EISELE / AFP / Getty Images Daily Journal , which Charlie Munger had served as chairman until rece...
Alibaba Stock Hit by China Covid Outbreak. 4 Reasons to Hope for a Bounce.
Text size Alibaba stock faces headwinds from Covid-19 outbreaks in China. Greg Baker/AFP via Getty Images A renewed outbreak of Covid-19 in China has hurt the outlook for the e-commerce giant Alibaba ...
The stock market is behaving a lot like it did during the Iraq war. Here’s the future if the pattern continues.
History doesn’t repeat, but it does rhyme. The Iraq war of 2003 doesn’t have many parallels to Russia’s invasion of Ukraine, other than perhaps global unpopularity. But there seems to be at least one ...
China Revises Delisting Rule. But Investors May Want to Sell on the Rally.
Text size The probability of a mass delisting of Chinese stocks like Alibaba may have ticked lower with revised rules from China’s regulators. Greg Baker/AFP via Getty Images The probability of ...
China’s Big Tech Firms Are Axing Thousands of Workers
BEIJING—China’s biggest tech companies are conducting large-scale layoffs this year as they deal with an economic slowdown and Beijing’s regulatory pressure. Tencent Holdings Ltd. TCEHY -7.14% , opera...
The S&P Experienced a Death Cross. Here’s the Bright Side.
Illustration by Elias Stein Text size The S&P 500 has performed poorly this year, down about 6.4%. This past Monday, it got scary in a Harry Potter sort of way: The benchmark experienced a death c...
Dow futures climb nearly 400 points, with Fed interest-rate hike in the spotlight
U.S. stock futures on Wednesday pointed to an extension of the previous session’s rally, as traders wait for the Federal Reserve’s monetary policy decision and react to China’s statement of support fo...
Alibaba stock sinks toward 6-year low as China ADRs take another dive
The U.S.-listed shares of Alibaba Group Holding Ltd. BABA, -6.68% sank 4.6% toward a six-year low in premarket trading Monday, as the China-based e-commerce giant continues to suffer from a broad sell...
Covid-19 Vaccine Makers Face a New Rival as GlaxoSmithKline and Sanofi Prepare to Enter the Ring
As new Covid-19 cases fall, the postpandemic vaccine market grows more interesting. On Wednesday, GlaxoSmithKline and Sanofi, two of the world’s largest vaccine makers, said they would submit a Covid ...
BABA Stock Falls As Quarterly Results Miss
Alibaba (BABA) reported results for its December quarter early Thursday that beat estimates on earnings but showed its slowest revenue growth in eight years. BABA stock fell. X The China e-commerce co...
Ray Dalio’s Bridgewater boosts its bets on China
The world’s biggest hedge fund boosted its bet on Chinese companies in the fourth quarter. The latest 13-F filing from Bridgewater Associates shows the firm boosted the number of shares it’s held in A...
Where to buy the Alibaba stock (BABA) dip after news of the US examining its cloud unit
The Alibaba stock (BABA) was bouncing back from the lows that we saw towards the end of 2021 but it has dipped again after news of the US reviewing the Alibaba Cloud unit for national security risks. ...
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...
China ADSs are flying as fading regulatory headwinds send iQIYI, NIO and Alibaba stocks surging
The U.S.-listed shares of China-based companies, surged Tuesday, particularly in the internet sector, as an apparent reduction of regulatory scrutiny has emboldened Wall Street analysts and investors ...