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INSANE: 4 - The Real Truth

'Big Short' Investor Michael Burry Ditches Gold, US Stocks For Cheap Chinese Internet Companies

Burry reduced Scion Asset Management's portfolio size by almost half in Q2 to just over $50 million as part of a reshuffling that involves investments in healthcare and China's tech firms.

International Business Times UK

Buy This ETF to Bet on a Rebound for Beaten-Down Chinese Tech Stocks

The KraneShares CSI China Internet ETF is poised to benefit from a potential rebound in Chinese tech stocks, driven by the People's Bank of China's recent interest rate cuts and stimulus measures.

Barchart

Chinese E-Commerce Platforms Sell Trump Shooting T-Shirts

Chinese retailers exploit images of Trump assassination attempt by selling T-shirts online, raising copyright concerns.

Top News

JD.com's billionaire founder tells employees not to 'lie flat' as Temu-owner PDD catches up to him and Alibaba founder Jack Ma

"We need to change, or there’s no way out for our company," JDD founder Richard Liu wrote in a post on the company's internal forum.

Fortune

Alibaba and JD's decision to withhold Singles Day data punctures last chance to see a China consumption revival this year

"Everyone's waiting for this consumption boom," one analyst said. "I don't think it's really going to come."

Fortune

BABA vs. JD: Which Is the Better Chinese Tech Stock to Buy Now?

Chinese tech stocks have continued to underperform in 2023, even as their counterparts in the U.S. have rebounded. Among Chinese tech names, Alibaba and JD.com are both worth considering after the sell-off - but there's an argument to be made that one of these tech stocks looks more compelling right…

Barchart

Chinese retailers are already slashing the prices of the iPhone 15 by over $100 amid reports of a sluggish launch for Apple's latest smartphone

Analyst reports are suggesting that Apple's latest iPhone may be struggling in the Chinese market.

Fortune

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StockNews.com

China's Best: 3 Top-Rated Stocks Garnering Investor Interest

China’s economy appears to be showing signs of stabilization amid new stimulus measures and recent economic data signaling optimism. So, let’s look at top-rated Chinese stocks Alibaba Group (BABA), JD.com (JD), and Hello Group (MOMO), with immense investor interest. Keep reading….

Barchart

1 Undervalued Chinese Stock to Buy Near 52-Week Lows

JD.com stock fell to new 52-week lows last week, and has lost almost half of its market cap in 2023. The stock now looks quite undervalued after the recent sell-off, and could offer strong returns in the medium to long term.

Barchart

3 Nasdaq-100 Stocks That Look Cheap

The tech sector has been on a tear in 2023, but not every Nasdaq-100 name is trading at a wildly inflated valuation. Here's a look at three Nasdaq-100stocks investors can still buy at a relative bargain.

Newsroom.co.nz

Heading west and online: China's consumer explosion

China's growth may be slowing, but its economy is still forecast to expand by $US1.1 trillion a year. NZ companies want in. Nikki Mandow reports.

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Tom’s Hardware

Low Profile RTX 3050 With 65W TDP Surfaces in China

A GeForce RTX 3050 LP model has appeared in China based on a 65W TDP mobile GPU, but its $278 price is off-putting.

Bangkok Post

Chinese billionaires go all-in on AI

China’s tech sector has a new obsession: competing with US titans like Google and Microsoft in the breakneck global artificial intelligence "arms race".

Caixin Global

CEO of JD Logistics Steps Down for ‘Health Reasons’

Yu Yui, a JD.com veteran of 15 years, handed his roles over to Hu Wei on Monday, the company says

The Independent UK

Chinese online shoppers are enticed by deep discounts, payment plans as zest for spending lags

Shoppers were treated to deep discounts, new products and payment plans as online merchants sought to revive their sluggish appetite for spending during China’s first major online shopping festival after the end of zero-COVID policies

The Independent UK

Consumption soft even amid deep discounts during major China shopping festival, analysts say

Chinese consumers have been snapping up billions worth of items in China’s first major online shopping festival after emerging from the pandemic as merchants slash prices, but analysts say that consumer confidence still remains weak as China re-emerges from the pandemic

Barchart

Chinese E-Commerce Companies Undercut by Weak Chinese Economy and Increased Competition

The faltering recovery in China has spurred investors to raise their bearish wagers on Chinese e-commerce stocks. For example, short interest in PDD Holdings (PDD ) has risen to about 8% of total shares outstanding, according to IHS Markit data. That’s higher than e-commerce peers JD.com (JD ) and Alibaba...

Barchart

Competition and Weak Chinese Recovery Weigh on JD.com

JD.com (JD ), one of China’s largest online retailers, is struggling this year after rallying to an 8-month high in January. The stock price has fallen nearly -47% from January’s peak on disappointment about China’s uneven recovery from the pandemic and increased competition from other Chinese online retailers. After more...

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