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home / news releases / BABAF - Chinese Internet Stocks: Concrete Business Advancements Shares Jump


BABAF - Chinese Internet Stocks: Concrete Business Advancements Shares Jump

  • The Chinese government's announcement of a three-child policy sent speculators into stocks that could potentially benefit from a baby boom.
  • Meituan was the star of the week as investors welcomed its huge revenue growth and reassuring comments from the CEO on the regulatory threat to its businesses.
  • I explain why the 6.18 shopping extravaganza is an example of "positive copying" and why it is positive for Chinese internet companies.
  • The U.S.-China political tensions have been negative for sentiment regarding Chinese stocks but there could be a silver lining.
  • Shareholders should digest the favorable statistics from the mid-year sales festival and explore the public materials from the 2021 Alibaba Cloud Summit.

For further details see:

Chinese Internet Stocks: Concrete Business Advancements, Shares Jump
Stock Information

Company Name: Alibaba Group Holding Ltd
Stock Symbol: BABAF
Market: OTC
Website: alibabagroup.com

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