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2024-06-05 04:00:00 ET Summary LRT Capital is a fundamental investment hedge fund. Our sole aim in crafting our investment program is to maximize long-term investment returns. For the month of May, the strategy was up +0.69%, bringing overall results to +11.46% for the year. O...
2024-06-04 14:26:14 ET Summary Alibaba Group Holding Limited stock has seen a rally followed by a pull-back, but renowned investors and hedge funds are opening positions in Chinese stocks. The Chinese government is expected to further support the economy and housing market, giving...
A recent report by Russian publication Kommersant has revealed that AliExpress parent company Alibaba Group Holding Ltd. (NYSE: BABA) has stopped accepting payments made in Rubles and halted deliveries to Russia. The report alleges that the Chinese multinational has “tightened conditio...
2024-06-03 20:03:51 ET Summary Soros Fund Management's 13F portfolio value decreased from $7.65B to $6.02B in Q1 2024. New stakes include Cloudflare Inc. Puts, Cerevel Therapeutics, and Aramark. Stake disposals include Apple Puts, PDD Holdings Puts, and SPDR Index Euro Stocks ...
2024-06-01 08:00:00 ET Following the stock selections of famous investors can be a great way to find future winners. These investors generally have excellent track records of beating the market's average returns, and because some of these professionals oversee billions of dollars in ass...
2024-05-31 09:48:32 ET Summary China's government takes action to save property and stocks, leading to a bounce in struggling share prices. Investment managers are rushing back to China as fund launches reach a record high, capitalizing on the weak yuan. The iShares China Larg...
2024-05-30 08:06:49 ET More on Alibaba Alibaba: Geographic Diversification Can Potentially Reduce Downside Risks Alibaba: A Stock Buyback King In The Making Alibaba: Deep Undervaluation Meets Changing Sentiment Homeland Security cracking down on customs broke...
AliExpress to Give Away Over 1,000 UEFA EURO 2024™ Match Tickets to Shoppers PR Newswire SINGAPORE , May 30, 2024 /PRNewswire/ -- AliExpress, an international online retail marketplace under Alibaba International Digital Commerce Group, will give away over...
2024-05-29 21:17:32 ET Summary Alibaba reported 45% YoY growth in the International Digital Commerce segment revenue compared to 7% consolidated revenue growth. Over the last two years, the international revenue has doubled from RMB 14 billion in the March-ending quarter of 2022 t...
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its private offering of US$5 billion aggregate principal amount of 0.50% Convert...
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Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) is looking to leverage generative artificial intelligence (AI) tools to support merchants based in foreign countries. During the recent Reuters NEXT Conference held in Singapore, top officials from the company revealed that Alib...
2024-07-15 16:35:00 ET Shares of Chinese tech stocks Alibaba (NYSE: BABA) , Baidu (NASDAQ: BIDU) , and JD.com (NASDAQ: JD) fell on Monday, down 2%, 5.9%, and 5.3%, respectively, in Monday's trading session. The downdraft in China-oriented consumer tech names appe...