Hong Kong’s benchmark Hang Seng Index opened in the green on Tuesday, flipping the trend from Monday, as better-than-expected economic growth data from South Korea offset mixed cues from Wall Str

Should You Buy Alibaba-Heavy ETFs Right Now?

06:13pm, Monday, 25'th Jul 2022 Zacks Investment Research
Investment firm Bernstein upgraded Alibaba (BABA) shares recently and believes that they can rally more than 20% from here.
China’s securities regulator refuted media reports that said the regulator is planning for a three-tiered system to help Chinese companies avoid potential U.S. delisting in a statement to CNBC. What

Is SPDR NYSE Technology ETF (XNTK) a Strong ETF Right Now?

10:20am, Monday, 25'th Jul 2022 Zacks Investment Research
Smart Beta ETF report for XNTK
Shares of Indian food-delivery firm Zomato plunged 14% in intra-day trade on Monday touching as low as INR 46 per share, thereby, wiping out over $125 million in investor wealth. The Fall: The plunge
Hong Kong’s benchmark Hang Seng Index opened in the red on Monday following a weaker close on Wall Street on Friday, which was dominated by a plunge in social media stocks. The Hang Seng fell 0.6%

Alibaba: No Longer As Safe

02:01pm, Saturday, 23'rd Jul 2022 Seeking Alpha
Alibaba is so large that an economic acceleration would tend to favor it no matter what competitive factors might be. See why I’m less positive on BABA stock.
As a potential recession looms, investors should be prepared for the cloud boom to return to earth, and there is potential for a larger pullback in cloud spending that could have a domino effect on al
U.S.-listed Chinese electric-vehicle stocks surged in early Hong Kong trading on Friday, with Nio Inc (NYSE: NIO) and Li Auto Inc (NASDAQ: LI) adding more than 4%, following a firmer close on Wa

Alibaba (BABA) Outpaces Stock Market Gains: What You Should Know

09:45pm, Thursday, 21'st Jul 2022 Zacks Investment Research
Alibaba (BABA) closed the most recent trading day at $105.13, moving +1.13% from the previous trading session.
China has fined ride-hailing app DiDi Global Inc – ADR (OTC: DIDIY) $1.2 billion for violating its data security law, cyber security law and personal information protection law. The decision has bro

Alibaba Vs. Amazon: A Winner Emerges

07:32am, Thursday, 21'st Jul 2022 Seeking Alpha
Alibaba and Amazon are both great companies in an industry that's experiencing temporary headwinds. E-commerce over-earned in 2020 and 2021 and is now paying the price for it.
Hong Kong’s benchmark Hang Seng Index opened in the red on Thursday as shares of Baidu Inc (NASDAQ: BIDU), Alibaba Group Holding Ltd. (NYSE: BABA), Tencent Holdings Ltd. (OTC: TCEHY), and Meituan
Bernstein analyst Robin Zhu upgraded the rating on Alibaba Group Holding Limited (NYSE: BABA) to Outperform from Market Perform and raised the price target from $115 to $130. He expected incremen

Benzinga's Top Ratings Upgrades, Downgrades For July 20, 2022

02:10pm, Wednesday, 20'th Jul 2022 Benzinga
Upgrades B of A Securities upgraded the previous rating for Check Point Software Technologies Ltd (NASDAQ:CHKP) from Underperform to Buy. Check Point Software earned $1.57 in the first quarter, compar
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