|Day Low/High||170.45 / 175.86|
|52 Wk Low/High||138.43 / 319.32|
Here is the proximate cause for the overnight improvement in Chinese stocks, which includes .
The food-delivery operator Meituan has been penalized less than expected for abusing its market dominance, sending Chinese tech shares sharply higher.
Goldman Sachs reiterates buy: Alibaba Group (BABA): Stay Buy (CL) on extreme valuation despite macro The recent China macro weakness has slowed down overall/online goods retail sales growth to 2.5%/5.1% yoy in August, according to NBS, we believe tr...
Alibaba shares and the Hong Kong tech index are both coming off all-time lows in Hong Kong. Whether that continues has little to nothing to do with business.
I am long (small) and wrong on Alibaba (but buying more): Thomas C Charlie Munger nearly doubled down on Alibaba as share prices dropped Charlie Munger's Daily Journal Corporation (DJCO) has increased its Alibaba (BABA) shares by 82% since July as...
New Buy (and Short) 'Levels' * My revised levels I don't want there to be any ambiguity about the size of my positions, or about my buy and short levels, as I strive for as much transparency as possible. This column is a continued commitment towards...
I sold an odd lot of November $324 calls short at $8.20. Frankly I don't like the entry price here and I am hopeful that the market rallies and I will leg into more. In addition: - I have added to at $139.50. - Adding to and longs. - I just covered...
Fundamental analysis is time-consumptive; it involves talking to analysts, to managements, to competitors and doing channel checks. After that, the information is distilled into an analysis of a company and a sector. Then it needs to be prepared, in...
For trading purposes, I often look to purchase stocks that are green in a sea of red. Some examples today include Newmont Corporation !, Alibaba , Ford and General Motors .
* David has been buying Alibaba Group Holding Oakmark's David Herro is a brilliant global investor. He is bold, imaginative, deeply analytical, a value-oriented contrarian and a "second-level" thinker. While others, such as Cathie Wood, have recent...
There are homes that could house an urban population of around 4 million now under construction by Evergrande alone.
Let's take a look at the war of words on China investment between these two billionaires.
Macau's gambling empires will undergo government reviews that likely will end with different degrees of bad for U.S. operators.
The campaign against Big Tech continues in China, where Ant will likely have to carve out its consumer-loans business.
Several days ago I took a trading long rental in Alibaba . I added in yesterday's session. The shares ramped up yesterday and in premarket have risen by another $6. I am scaling out of this trade now and will be out by the NYSE opening.
"Just one more thing." - Lt. Columbo I have taken small positions in the following stocks: *Longs: *Shorts: , , , , , , ,
Look for BABA to make a run at $140 possibly before all is said and done.
Shareholders in Chinese Big Tech may be breathing a sigh of relief, but troubles in the property sector could indicate worse market conditions are on the way.