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home / news releases / ALBBY - Alibaba's Double-11 On Covid-Zero Booster Tencent Is Into Metaverse


ALBBY - Alibaba's Double-11 On Covid-Zero Booster Tencent Is Into Metaverse

  • In a repeat of the previous week, we have positive coverage again from the likes of Financial Times and The WSJ but the representative ETFs of Chinese companies ended in the red.
  • The regulatory crackdown on the internet industry has shifted to the healthcare sector, prompting another bout of selling across related stocks.
  • The pursuit of COVID-zero and the consequential lockdowns sparked panic-buying, boosting online sales.
  • Tencent has a head start on the metaverse. It would be worth tracking its advancement in this upcoming trend.

For further details see:

Alibaba's Double-11 On Covid-Zero Booster, Tencent Is Into Metaverse
Stock Information

Company Name: Alibaba Health Information Technology Ltd ADR
Stock Symbol: ALBBY
Market: OTC

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