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Shares of Chinese and other international companies jumped sharply on Tuesday as hope spread that China's zero-COVID policy may be coming to a close. Rumors are floating that a government committee has been formed to study a plan for fully reopening China in March 2023. Markets acro...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips To be blunt, most investors should probably not broach the subject of Chinese tech stocks to buy. In past years, Beijing imposed a severe crackdown on its technology sector , only laying off the gas just recently. However,...
Summary As Xi Jinping is about to accelerate the implementation of his common prosperity vision with a newly elected Standing Committee full of loyalists, investors shouldn’t expect Alibaba’s recovery anytime soon. The latest developments suggest that Beijing would c...
Summary Tencent stock is down about 44% since I have last covered the company and assigned a 'Buy' recommendation. But I continue to believe that investors should 'Buy' Tencent and 'focus on the long-term'. As I argue in this article, Tencent's fundamentals should already be i...
Summary Alphabet/Google reported mediocre third quarter results, with operating income and earnings per share declining year-over-year. The company is facing several risks - YouTube struggling, regulatory pressures and the looming recessions - but is protected by a wide economic m...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Prior to some lackluster earnings reports from big-tech names, the Nasdaq rallied as much as 11% from its 52-week low, made two weeks ago. This had some investors thinking the risk-on trade was back and it was time to go in...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of Nio (NYSE: NIO ) are trading lower following news earlier this week that Chinese President Xi Jinping has secured a third term . During his third term, Jinping is expected to continue his strict reign of ec...
Summary The Hang Seng is down more than 50% from all-time highs and recently hit 1997 levels. On Monday, the HSI lost 7% in one day - with leading tech giants such as Baidu, Alibaba, Tencent, and NetEase all losing more than 10% in US trading. Michael Burry tweeted: 'HSI 1997 ...
Summary Many commentators, analysts and investors see China as uninvestable, and pessimism might be peaking right now. But when looking at the numbers, we have a country growing with a high pace and trading at a rather low valuation multiple. Especially many technology stocks ...
Summary Holding a significant position at a loss in Alibaba Group Holding Limited for a long time is certainly not pleasant, but it is an inevitable part of investing. The bears' only argument for not buying Alibaba seems to be some variation of "Xi is scary." It is always dar...
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Tencent Launches Immersive Digital Experience of Newest World Heritage Site with Gametech PR Newswire The Beijing Central Axis is now ready for digital visitors from around the world SHENZHEN , China , July 27, 2024 /PRNewswire/ -- Tencent (0700.HK...
Tencent Deploys AI to Help Researchers Decipher Hidden Meanings in Oracle Bone Scripts PR Newswire Online research platform Oracle Bones Corpus welcomes contributions from researchers and enthusiasts SHENZHEN, China , May 28, 2024 /PRNewswire/ -- Tencent&...