By Stephen Culp NEW YORK (Reuters) -U.S. stocks rallied and the S&P registered its highest close of the year on Friday, starting December on an upbeat note as remarks from Federal...
(Updated - December 1, 2023 12:06 PM EST) Investing.com -- Main U.S. indexes climbed following a speech from Fed Chair Jerome Powell. Powell said the Fed needs to move carefully on...
(Reuters) -U.S.-listed shares of Alibaba (NYSE:BABA) Group Holding declined on Friday following a Morgan Stanley downgrade on concerns over slower turnaround in its key...
Explore Wall Street's expert insights with this ProResearch article, which will exclusively be available to InvestingPro subscribers soon. Enhance your investment strategy with...
Alibaba (NYSE:BABA) shares fell more than 1.3% in pre-market Friday trade after Morgan Stanley analysts downgraded shares to Equal Weight from Overweight with a price target cut...
(Reuters) -PricewaterhouseCoopers affiliates in Hong Kong and China and a Chinese audit firm have agreed to pay a total of $7.9 million in fines for failures related to audits of...
Investing.com-- Hong Kong-listed shares of Chinese food delivery giant Meituan (HK:3690) slumped on Wednesday after the firm warned of softer fourth-quarter revenue due to weak...
Maybe its time to introduce a share buyback programme, Alibaba is making serious money which is not reflected in stock price. The maket is expecting something aggressive from Alibaba rather than sleep and let a company with far less development take over the power position.
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the share buyback program is going on for a while. Good morning
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Added today. Cheers guys.
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Goodbye Mr Baba
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I said the same thing on Tesla last month when it went down to 195$. end up making money off of it
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buy more,pyramid buy.
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fwd P/E 7.7 :D
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Going down as predicted. Good.
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ms downgrade baba .. thats right downgrade .. not upgrade
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their business model has gone bananas.
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Guys please note that US market is rising so much lately and baba is down. When US market retreats from near all time high, baba will suffer and fall together. This means it is almost certain baba will break 60.
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this is easy, it will happen.
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I don't think so. Overbought US marketd mean that US listed Chinese will be attractive especially that undervalued.
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not necessarily (unless some good news comes out of china). if the US market deflates (especially tech) it will continue downward. you need some real positive news, such as consumer demand increase.
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look at BYD, the fastest and best EV Company in the world. Growing fatser than any existing auto company. Stock is falling sharply just like BABA, its not the Performance. Its politics and fear... the chinese are waiting for the major stimulus to come in so the jump on the rollercoaster, until then they are all holding the cash or parking it in safer areas as western funds are forced to reduce exposure in chinese related stocks.. but US CHINA Relations will improve because its in both their interests that it does and then funds will fall like rain on Stocks like BABA. Those who are out will not be able to catch the rise. it will happen so fast . and its extremely difficult, in my opinion impossible to time the market ups and downs... so best to hold take the beating ... in the end it will fly... BABA is a MEGA Cash Generating Machine better positioned than others, that can not be copared to Real estate sector companies because we are in the Age of technology and these are the leading companies in the years to come.
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this month will be a very good month, all we need is for the Hang Seng Index to rise, then liquidity will start pouring into these stocks again, the outflow of funds beacuse of fear will stop and funds will start coming back ... stocks trading at major discounts.. those who are on board and ride this out will make hhuge returns over the coming 2 years... im still optimistic this month will be a very good month for BABA and chinese stocks in general