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Selling China Resurgence Premium With Downside Protection On Potential Alibaba Whiff

If FXI tanks in the next three days, we will sell our puts at a profit. If nothing major happen after Alibaba’s report on Wednesday, we will allow the puts to expire worthless and pursue the upside to $23.50. If FXI closes above $23.50 on March 22, we would earn $1.20 per share on $22.30 per share at risk, or 5.38%.

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Square, Afterpay, Alibaba, Parker-Hannifin: 5 Things You Must Know

Square, Afterpay, Alibaba, Parker-Hannifin: 5 Things You Must Know
thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.

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Alibaba vows to hike spending after first loss in years


Alibaba vows to hike spending after first loss in years
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Jack Ma’s flagship e-commerce firm swung to a 5.5 billion yuan ($852 million) net loss -- its first since 2012
(MINT_PRINT)
. Updated: 14 May 2021, 05:33 AM IST Bloomberg
Alibaba executives have sought to put behind them a crackdown on Ma’s internet empire that’s shaved $260 billion off the Chinese internet behemoth’s market value
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Alibaba Group Holding Ltd. forecast better-than-expected revenue and pledged to invest in new growth arenas, signaling its intention to move past a Chinese antitrust probe that triggered its first loss in nine years.
Jack Ma’s flagship e-commerce firm swung to a 5.5 billion yuan ($852 million) net loss -- its first since 2012 -- after the company swallowed a $2.8 billion fine for monopolistic behavior imposed by Beijing. It now intends to refocus on its business, plowing “all incremental profit" back into technology and hotly contested areas like community commerce, Chief Executive Officer Daniel Zhang pledged on Thursday.

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