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BABAF News and Press Alibaba Group Holding Ltd
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News | Alibaba Group Holding Ltd (OTCMKTS:BABAF)
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2024-10-08 17:27:27 ET Summary Alibaba remains a strong buy due to its growth prospects in E-commerce, Cloud, and smaller segments like AIDC & Cainiao, despite recent share price increases. The company’s dual primary listing on NYSE and HKSE, and the decision to retain ...
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2024-10-08 14:47:36 ET Summary Alibaba's AI and cloud businesses show strong growth potential, with advancements in AI models and increased enterprise investment in AI workloads. The e-commerce business has stabilized with high-single-digit GMV growth and innovative tools like Qua...
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2024-10-07 05:20:31 ET Summary Alibaba is poised to benefit significantly from China's massive stimulus program, which is set to boost its e-Commerce, logistics business and delivery business. The stimulus package is geared chiefly towards easing lending restrictions and spurring ...
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2024-10-04 17:36:52 ET Summary The CCP's regulatory scrutiny has eased, boosting Chinese equities; Alibaba Group Holding Limited surged 37% to ~$113. Alibaba repurchased $4.1 billion in shares, reducing outstanding shares by 2.1%, with $22 billion left for buybacks. China's st...
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2024-10-03 14:43:10 ET Summary I remain skeptical about long-term investment in Alibaba due to concerns over macroeconomic issues and end-market competition, despite recent stock gains. The recent rally in Alibaba seems to be driven by government economic stimuli rather than compa...
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2024-10-02 13:21:41 ET Summary Beijing's new stimulus plan serves as a long-awaited catalyst for Chinese giant, Alibaba Group Holding Limited. We’re not bullish on this plan alone; we’re bullish because we expect longer-term growth implications and see Alibaba benefi...
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2024-10-01 20:07:19 ET Summary Recent Chinese stimulus has driven Alibaba stock up, validating my recommendation to buy long-dated call options for explosive upside while capping downside. With BABA's implied volatility at extreme highs, it's time to close long calls and start sel...
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2024-09-30 18:02:57 ET Summary Recent Chinese monetary stimulus has boosted stocks, including PDD Holdings Inc., despite management's cautious outlook and warnings of declining profitability. PDD's growth is driven by ad revenues and transaction fees, with deferred revenues rising...
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2024-09-29 02:17:51 ET Summary Chinese monetary stimulus is a strong re-rating catalyst. Dovish surprises and continued rate cuts and measures to encourage stock pledges and buybacks can support BABA stock and other Chinese equities. There are signs of a paradigm shift in market s...
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2024-09-28 07:18:39 ET Summary Alibaba is up +60% from my January bottom call, on rising optimism about China's economy for 2025. However, the stock quote is getting extremely overbought, and could witness 2-3 months of retracement action, before another push higher appears. I...
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Alibaba Group Holdings Ltd ( OTCMKTS:BABAF ) traded higher by 8.66% in Hong Kong on Monday on positive tech news. According to the latest stock market reports, Alibaba founder Jack Ma had agreed to relinquish his control of the embattled Ant Group. The latter was at the centre of a sc...
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Alibaba Group Holdings Ltd. (OTCMKTS:BABAF) fell 18% on Monday after negative China news. Cumulatively, the stock has lost more than half of its value year-to-date. The Monday sell-off affected all the major Chinese tech giants, including Tencent, Baidu, and Meituan. Investo...
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Alibaba Group Holding Ltd (OTCMKTS: BABAF) shares are reportedly doing well. Thanks to the improved lateral relationship between the U.S. and its Chinese counterpart, the stock market in both nations witnessed a positive sign. The S&P 500, NASDAQ, and Dow, having recorded gains, were in t...
Important Investor News Alert (OTC: AABB)
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LAS VEGAS, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the development of the new next generation AABB Wallet App is nearing completion. The AABB Wallet development team, led by the Koinfold Cr...