|Day Low/High||140.39 / 144.79|
|52 Wk Low/High||30.20 / 155.61|
Shares in Alibaba, JD.com and Tencent lost nearly 10% Wednesday despite very strong sales on the Singles Day sales event.
The headline numbers don't present the full story of what is going on with the equity markets.
Unfortunately, we have to operate under the principle of where there's smoke, there's fire.
A wide variety of tech companies are likely to see their March-quarter sales hurt by the coronavirus outbreak's impact on Chinese demand and/or manufacturing.
Smartphone apps and their operators win as screen time among Chinese customers climbs 20% while the nation finds itself under lockdown.
Compared with prior Singles Day events, Alibaba got a bigger sales lift this year from 'lower-tier' Chinese cities, and saw stronger promotional activity from big brands.
Are we going to see an arbitrage begin to play out between the cross-border exchanges?
The Chinese e-commerce giant crushes even Amazon Prime Day, but it still needs some political wins to get where it wants to go; here's how to play the stock now.
China honors November 11 with an e-commerce extravaganza due to set one-day sales records. However, China's stock markets take a hit due to Hong Kong 'hitch.'
There's an opportunity for investors in a few, small speculative Chinese names. Consider playing the space this way.
Repetition is the key to learning, but sometimes there is only so much you can learn before repetition becomes useless. I'll give you an example. In early 2005, my wife gently tapped me on the shoulder to tell me that the crazy heartburn she'd been ...
This is a healthy pullback in a market that was a little overheated.
There are several key points to keep in mind as you digest this news.
This is a good example of why price movement is more important than fundamental arguments.