Alibaba Stock News

Kevin O'Leary, chairman of O'Shares ETFs, took some heat for buying Chinese stocks earlier this week when seemingly everyone disagreed with his reasoning, but it was an obvious move for the savvy

Kevin O''Leary , chairman of O''Shares ETFs, took some heat for buying Chinese stocks earlier this week when seemingly everyone disagreed with his reasoning, but it was an obvious move for the savvy investor. "When everybody in the market hates them and you start getting analysts calling them ''uninvestable,'' you have to tiptoe into the tulips," O''Leary said Wednesday on CNBC. At the beginning of the week , O''Leary bought shares of Alibaba Group Holding Ltd (NYSE: BABA ), Tencent Holdings Ltd (Pink: TCEHY ) and Meituan (Pink: MPNGF ). See Also: Why Alibaba, Nio … Full story available on Benzinga.com

A broad relief rally buoyed many Chinese companies.

A broad relief rally buoyed many Chinese companies.

These are the stocks posting the largest moves in midday trading.

U.S. Tiger Securities analyst Bo Pei upgraded the China Internet Sector to Outperform from Neutral. Pei sees the sector's significant risks already reflected in the current valuation.  Both Chin

U.S. Tiger Securities analyst Bo Pei upgraded the China Internet Sector to Outperform from Neutral. Pei sees the sector''s significant risks already reflected in the current valuation. Both China and the U.S. have recently indicated making positive progress towards a mutually acceptable solution regarding stock listings. Related Content: JPMorgan Downgrades Alibaba and … Full story available on Benzinga.com

Alibaba Group Holding Ltd (NYSE: BABA ) owned South China Morning Post is on a CEO hunt, Bloomberg reports . The move coincided with Alibaba weighing options for media assets, including SCMP. Alibaba dedicated SCMP chief Gary Liu to running a spinoff to … Full story available on Benzinga.com

The stock is trying to settle above the $95 level.

Risk-averse investors have been shunning small-cap stocks, but look for the clouds to clear soon over this asset class, says a fund manager at Artemis.

As the shares of numerous Chinese tech companies surged Wednesday, Alibaba (BABA) and Tencent Holdings (TCEHY) are reportedly close to cutting thousands of jobs due to Beijing''s…

The KraneShares CSI China Internet ETF soars Wednesday, on track for its best daily gain in its history, as China vows support for its economy.

Chinese Tech Stocks Explode As Much As 40% Higher Two Days After JPMorgan Calls Them "Uninvestable" Two days ago, with China stocks crashing and burning seemingly every day, we posted " JPM Downgrades Chinese Internet Sector, Tells Clients To Avoid For 6-12 Months " in which we quoted the largest US bank as follows: "as risk management becomes the most important consideration for global investors in relation to their China Internet investment strategy as they price in China’s geopolitical risks and incremental concerns about regulatory risks, we find China Internet unattractive on a 6-12 month view with an unpredictable share price outlook, depending on the market perception of China’s geopolitical risks, macro recovery and Internet regulation risk. The sector-wide sell-off might continue given lack of valuation support in the near term, in our view. We downgrade 28 coverage stocks to Neutral or Underweight. The only name with an OW rating in our coverage universe is Kuaishou." In response to the call which came a little over a month after JPM said it saw "clear business opportunities " among China internet stocks, we said that JPM''s reco " merely confirms the price action and if anything suggests that with the bottom having fallen out of the sector, now is the time to buy China internet stocks. " After all, the time to downgrade China''s tech stocks was a year ago, not now.

Shares of Chinese companies including Alibaba Group Holding Ltd (NYSE: BABA ) and NIO Inc (NYSE: NIO ), are trading higher Wednesday following a Chinese state media report indicating China''s financial stability and development committee urged market stability measures and mentioned cooperation with U.S. regulators. According to Chinese state media, regulators from both countries are progressing toward a … Full story available on Benzinga.com

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets. Alibaba Group Holding Ltd (NYSE: BABA ): Chinese stocks are seeing some relief Wednesday as China’s top administrative authority said it would work to stabilize Chinese stock markets and boost economic growth in the first quarter with “concrete actions,” state-run Xinhua News Agency reported. Nio Inc (NYSE: NIO ): Hong Kong’s Hang Seng Index soared 9.1% & China’s Shanghai Composite +3.5% after reports of progress with … Full story available on Benzinga.com