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January 30, 2024
Chinese stocks (and many of their investors) have been battered over the past few years, so much so that many investors have shunned them. Despite the seemingly never-ending pressure that most Chinese stocks have endured, more than a handful of Wall Street analysts continue to view a select few of them as intriguing investments. Undoubtedly, there’s a high degree of geopolitical risk in investing in any Chinese stock. And as the Chinese economy continues battling headwinds, questions ling...
January 25, 2024
If any Wall Street-listed company represents the ups and downs of China’s economy, it would be Alibaba (NYSE:BABA). You may be ready to load up on Alibaba shares right now, especially if you’re optimistic that China will turn a corner this year. For the very long term, I am bullish on BABA stock, but today, I’m providing a cautionary note due to an imminent make-or-break event. Alibaba is basically the Chinese counterpart to America’s Amazon (NASDAQ:AMZN). Like Amazon...
January 24, 2024
Retail sales in China over 2023 grew by 7.2% year-over-year, compared to 2022 when the number was negative, per the National Bureau of Statistics.
November 22, 2023
All the company’s key business segments grew year-over-year, although growth rates cooled off considerably compared to Q1.
August 28, 2023
Alibaba Group Holding Limited (NYSE: BABA) has a higher price-to-earnings ratio of 20.13x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.71. Analysts have mixed views on the stock, with 45 analysts rating it as a “buy,” 7 as “overweight,
July 13, 2023
Last week, China’s Central bank imposed fines totaling over $1 billion on Alibaba’s affiliate and digital payment services major Ant Group, while also noting that most...
April 7, 2023
Dow Jones futures fell slightly early Friday, along with S&P 500 futures and Nasdaq futures. March jobs report is imminent Tesla (D.S.L.A) is lowering the
January 17, 2023
Chewy founder Cohen made billions trading meme stocks during the pandemic and is currently chairman of GameStop.
October 10, 2022
Alibaba Group Holding Limited (NYSE:BABA) went down by -3.65% from its latest closing price compared to the recent 1-year high of $182.09. The company’s stock price has collected 1.56% of gains in the last five trading sessions. Barron’s reported on 09/23/22 that Alibaba Pours $1 Billion Int
September 13, 2022
Cabaletta Bio Inc. (CABA) is priced at $0.87 after the most recent trading session. At the very opening of the session, the stock price was $0.89 and reached a high price of $0.9325, prior to closing the session it reached the value of $0.94. The stock touched a low price of $0.80.Recently in News o