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Should You Buy Alibaba Group Holding (BABA) Stock Before It s Too Late?
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Secret to success is not monopoly, China tells online platforms: state media
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Manchester & London Investment Trust Plc - Half-year Report
PR Newswire
(the Company )
Half-yearly report for the six months ended 31 January 2021
A copy of the Half-Yearly Report can be accessed via the Company s website at www.mlcapman.com/manchester-london-investment-trust-plc or by contacting the Company Secretary by telephone on 01392 477500.
Summary of Results
256,791
633.62
11.8%
Six months to
7.00
Ex-dividend date
During the half year under review, the
total NAV per Share return was 2.4 per cent, compared to an
increase in the benchmark of 11.8 per cent.
It has been a period where small capitalisation stocks, unprofitable Technology hopes, Cryptocurrencies and Reflation Value plays have been in vogue, whilst mega-capitalisation Technology (with the exception of Apple and Tesla) has lagged.
Updated Mar 17, 2021 | 12:21 IST
Investor hopes for a huge windfall crashed when regulatory scrutiny scuppered the $37 billion initial public offering (IPO) days ahead of Ant s November listing. Investors revised estimates of Ant s valuation, which will determine their returns, are reported here for the first time.
HONG KONG: Some of Ant Group s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, said people with knowledge of the matter, offering a more sober estimate after the shelving of its IPO and forced restructuring.
The number is about a third above Ant s valuation after its last fundraising in 2018 when it emerged as the world s most-valuable unlisted tech firm, yet is far below the $315 billion it touted for what was set to be the world s largest IPO.
A food delivery worker exits the campus of the Alibaba Group Holding Ltd headquarters in Hangzhou, China. Alibaba is planning to set up a Taobao Deals lite app on Tencent’s WeChat and has already invited some merchants to participate, according to the people. Bloomberg
China’s largest e-commerce operator Alibaba Group Holding Ltd is planning to offer its fast-growing bargains service on rival Tencent Holdings Ltd’s WeChat messaging platform in a major concession to regulators seeking to to crackdown on monopolies in the Internet sphere, according to people with knowledge of the matter.
Alibaba and Tencent have long excluded each other’s services from their platforms, creating so-called walled gardens within their ecosystems. Now, Alibaba is planning to set up a Taobao Deals lite app on Tencent’s WeChat and has already invited some merchants to participate, according to the people. Selling through the WeChat super-app means the merchants will now be able to accept paymen
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