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February 22, 2024
Bridgewater Associates is the world's largest hedge fund with over $196 billion in assets under management (as of Sept 30, 2023). While the firm posted a loss in fiscal 2023, its flagship fund All Weather was up 10.6% last year. Ray Dalio, Bridgewater's co-founder and former chief investment officer, has been a long-time believer in portfolio diversification and optimal risk-to-reward ratio usage. "Risk and diversification are of paramount importance, and the fact is that if you d...
February 10, 2024
(CTN News) - Alibaba Group Holding Ltd. has experienced a substantial decline in its stock price for more than three years, primarily...........
January 26, 2024
SoftBank expects to book US$8.5 billion, about 425 times the value of its initial Alibaba investment, for its 2024 financial year after divesting more than 500 million shares in the e-commerce giant.
January 24, 2024
Alibaba co-founder Jack Ma and Chairman Joe Tsai bought millions worth of shares in the Chinese e-commerce giant in the fourth quarter.
January 24, 2024
The combined stakes of the two co-founders eclipsed SoftBank Group, which has reduced its shares in Alibaba through a series of forward contracts.
January 24, 2024
International Business News: Read about billionaire co-founder Jack Ma's purchase of Alibaba stocks, providing a much-needed boost for the struggling empire. Find out more about the internal turmoil and stock market rout the company is facing.
January 24, 2024
A much-needed boost for a company weathering internal turmoil and a stock market rout.
January 24, 2024
The share purchases reflect their belief that the business is undervalued after its stock fell sharply from its 2020 peak. Read more at straitstimes.com.
January 24, 2024
Alibaba appoints new acting CEO for South Asian online retailer Daraz Group as part of management reshuffle, amid challenges and stock market boost.
January 24, 2024
ANN/THE STRAITS TIMES – Alibaba Group Holding shares jumped after The New York Times reported that founder Jack Ma has been buying up shares in the company. Ma and Alibaba chairman Joe Tsai have bought a combined USD202 million of shares in recent months as the stock plunged, the newspaper reported on January 23, citing […]