Alibaba Slips Alongside Tech Peers: What's Dragging Hong Kong Markets Today? Shares of U.S.-listed Chinese tech firms Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ: Benzinga · Apr 20, 2022
Check Out What Whales Are Doing With BABA Someone with a lot of money to spend has taken a bearish stance on Alibaba Group Holding (NYSE:BABA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Benzinga · Apr 19, 2022
Jack Ma's Alibaba Fintech To Grab Majority Ownership Of This Payments Platform Jack Ma founded Alibaba Group Holding Ltd (NYSE:BABA) fintech affiliate, Ant Group, is set to become the majority investor in Singapore-based payments platform 2C2P as part of a partnership, Reuters reports. The deal will integrate Ant's Alipay+ payment service with 2C2P's platform used by merchants in Asia, Europe, the Middle East, and the Americas.… Benzinga · Apr 19, 2022
Why Alibaba And Other Stocks Are Not Trading In Hong Kong Today Shares of US-listed Chinese companies – Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Nio Inc. Benzinga · Apr 15, 2022
Alibaba Tech VP Mocks China's Covid Policies; Clarifies Not Resigning Alibaba Group Holding Ltd's (NYSE:BABA) VP of technology, Jia Yangqing, clarified that he did not resign from the company and had traveled from Shanghai to the U.S. to see a doctor, Global Times reports. Jia traveled from Shanghai to California, the U.S., in the middle of the night because of the situation… Benzinga · Apr 14, 2022
Why Alibaba Is Sliding, While Other Tech Stocks Are Rising In Hong Kong Today Shares of U.S.-listed Chinese tech firms JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC: TCEHY), and Baidu Inc. (NASDAQ: Benzinga · Apr 14, 2022
5 Hard-Hit Stocks That Could Jump 65% or More, According to Wall Street Amid galloping inflation, the Fed’s hawkish stance, rising U.S. Treasury yields, an ongoing geopolitical crisis, and deepening supply chain disruptions, the stock market is expected to remain volatile. But despite these macro headwinds, it could be profitable to invest in financially solid stocks with promising growth potential. Thus, Wall Street… StockNews.com · Apr 13, 2022
Alibaba Undergoes Aggressive Restructuring At Its Cloud Unit Alibaba Group Holding Ltd (NYSE:BABA) owned Alibaba Cloud initiated a new round of organizational restructuring, the Pandaily reports. Alibaba Cloud China President Ren Geng resigned for undisclosed reasons. Geng looked to leave as early as 2021 but stayed back. Also Read: Alibaba Looks To Slash Workforce By 30% After Its MMC Division Decides… Benzinga · Apr 13, 2022
Alibaba Slips, Tencent, Baidu Extend Gains: What's Weighing On Hong Kong Tech Stocks Today? Shares of U.S.-listed Chinese tech companies Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. Benzinga · Apr 13, 2022
Grab These 5 Large-Cap Stocks Before They Jump 40%, According to Wall Street As the stock market is expected to remain highly volatile in the coming months, large-cap stocks should be looked at for their ability to dodge market fluctuations and deliver steady returns. Analysts expect fundamentally-sound large-cap stocks Meta (FB), Alibaba Group (BABA), AstraZeneca (AZN), Applied Materials (AMAT), and Salesforce.com (CRM) to… StockNews.com · Apr 12, 2022
Alibaba Slumps While JD, Tencent Strike Gains In Hong Kong Shares of U.S.-listed Chinese tech companies Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC: Benzinga · Apr 12, 2022
Here's Why UBS Is Cautious On Microsoft, Alibaba UBS painted a cautious picture of Microsoft Corp (NASDAQ: MSFT) and Alibaba Group Holding Ltd (NYSE: BABA). Benzinga · Apr 11, 2022
UBS Maintains Buy Rating for Alibaba Group Holding, Lowers Price Target To $140 UBS has decided to maintain its Buy rating of Alibaba Group Holding (NYSE:BABA) and lower its price target from $150.00 to $140.00. Shares of Alibaba Group Holding are trading up 0.07% over the last 24 hours, at $103.60 per share. Benzinga · Apr 11, 2022
This Is What Whales Are Betting On Alibaba Group Holding Someone with a lot of money to spend has taken a bearish stance on Alibaba Group Holding (NYSE:BABA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Benzinga · Apr 11, 2022
Benzinga · Apr 11, 2022 Alibaba's Jack Ma Severes Ties With Co-founded Lifestyle Firm Alibaba Group Holding Ltd (NYSE:BABA) founder Jack Ma Yun and movie star Jet Li have quit Taiji Zen International lifestyle firm, the Global Times reports. Li stepped down as President and GM of Taiji, while Ma led Hangzhou Kunbao Investment Consultancy Co no longer remained a shareholder of the company. Taiji’s official…
Benzinga · Apr 8, 2022 HSBC Slashes Price Targets On Alibaba, Baidu Due to China's Covid Surge, Regulatory Crackdown HSBC analyst Charlene Liu cut the price target on Baidu Inc (NASDAQ:BIDU) to $180 from $195 (31.3% upside) and kept a Buy rating on the shares. The analyst now assumes a worse impact from COVID-19 on the company's core ad and cloud businesses and margins, seeing a recovery only in Q4. Liu reduced the price…
Benzinga · Apr 8, 2022 China Cracks Down Upon Tencent, Other Tech Giants Over Algo Abuse; Questions Alibaba, Others To Address Job Cuts China looks to rein in the potential abuse of algorithms by internet giants from ByteDance Ltd to Tencent Holdings Ltd (OTC: TCEHY), Bloomberg reports. The Cyberspace Administration of China looks to inspect how social media platforms serve up ads and content to hook users, especially the large-scale websites, platforms, and products with significant influence.…
Benzinga · Apr 8, 2022 Here's Why Alibaba, Tencent Are Slumping For A Third Straight Day In Hong Kong Today Shares of U.S.-listed Chinese tech companies Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc.
Benzinga · Apr 7, 2022 Yet Another Analyst Slashed Alibaba's Price Target, Outlook Following China's Covid Outbreak Benchmark analyst Fawne Jiang reduced the price target on Alibaba Group Holding Ltd (NYSE:BABA) to $220 from $235 (104.3% upside) and kept a Buy rating on the shares. Jiang cut her fiscal Q4 revenue forecasts in China commerce direct sales to reflect the disruption of offline businesses due to COVID lockdowns. Jiang lowered International Retail…
Benzinga · Apr 7, 2022 Why Alibaba, Nio And Pinduoduo Shares Are Falling Today Alibaba Group Holding Ltd (NYSE: BABA), NIO Inc (NYSE: NIO) and Pinduoduo Inc (NASDAQ: PDD) shares are trading lower Thursday
Benzinga · Apr 7, 2022 This Major Alibaba Investor Has Tripled Stock Buyback To $1.1B SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) bought ¥141.4 billion ($1.1 billion) worth of shares in March, versus ¥46.2 billion of shares in February, more than tripling the size of its share buybacks. The buyback, coupled with a 7.6% jump in Alibaba Group Holding Ltd's (NYSE:BABA) shares, helped SoftBank cap a monthly stock-price gain of 8.5%, a…
Benzinga · Apr 7, 2022 Why Alibaba And Other Stocks Are Plunging In Hong Kong Today Shares of U.S.-listed Chinese tech companies — Alibaba Group Holdings Ltd.
Benzinga · Apr 6, 2022 Where Alibaba Group Holding Stands With Analysts Alibaba Group Holding (NYSE:BABA) has observed the following analyst ratings within the last quarter:
Benzinga · Apr 6, 2022 Citi Slashes Alibaba's Price Target By 12% As COVID Resurgence Looks To Dampen Growth Citi analyst Alicia Yap lowered the price target on Alibaba Group Holding Ltd (NYSE:BABA) to $177 from $200 (59.5% upside) and kept a Buy rating on the shares. Amid the widening spread of COVID cases and city lockdowns, the analyst thinks overall economic activities in China have been negatively affected, which has drained Alibaba's profit…
Benzinga · Apr 6, 2022 Jack Ma, Warren Buffett Backed Paytm Looks To Breakeven Soon: Bloomberg Paytm, backed by SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) and Alibaba Group Holding Ltd's (NYSE:BABA) fintech affiliate Ant Group, looks to break even on an operating basis over the next year-and-a-half, Bloomberg reports. The Indian digital payments pioneer doubled its gross merchandise value to $34.3 billion in the March quarter. Paytm looks to become profitable in…