Alibaba Stock News

JPMorgan Chase’s dramatic downgrade this week of Chinese internet stocks under its coverage – from Alibaba Group Holding to Bilibili and Weibo – has shaken global investors even as they have yet to recover from the trillion-dollar onslaught in 2021.The slump during Asia’s trading hours on Tuesday wiped out US$300 billion from the Hong Kong market alone, while an 8 per cent dive in Shanghai over two days was the worst since August 2015. If the Wall Street bank is right, and prices retraced to…

It is rumoured in the Chinese social media platform Weibo that tech giants Alibaba and Tencent employees are expecting around 30 per cent job cuts

Shares of U.S.-listed Chinese tech companies surged in Hong Kong on Wednesday, lifting the benchmark Hang Seng Index into positive territory after three days of losses.   Stock Movement (+/-)

Hong Kong stocks rose by the most in five week after a rout that sent the city’s benchmark index to a decade low. Risk appetite returned as China defined its stance relating to sanctions on Russia over its Ukraine invasion.The Hang Seng Index gained 2.4 per cent to 18,862.54 as of 10.20am local time, recouping some of the US$300 billion destruction on Tuesday when the market plunged to the lowest since December 2011. The Tech Index surged 6.1 per cent, while China’s Shanghai Composite Index…

SoftBank''s Masa Son Sees $25 Billion Evaporate Amid Crushing Tech Selloff The recent selloff in markets has been hard for a lot of investors, but SoftBank''s Masayoshi Son has probably seen more of his net worth evaporate than any other billionaire besides Facebook''s Mark Zuckerberg. According to Bloomberg , the SoftBank billionaire has seen his net worth fall by $25 billion over the past year, to just $13.5 billion today. While it doesn''t come close to the $70 billion he lost during the dotcom implosion, it''s still a massive sum. It looks like we were on to something back in 2019 when we posited that SoftBank might be the tech bubble era''s "short of the century". Of course, what''s even more problematic than Softbank''s paper losses is the firm''s loan-to-value ratio. During the good times, SoftBank leveraged up and used the money to invest in more tech stocks. Source: Bloomberg Now, the stocks that it has borrowed against - most notably the firm''s massive holdings in Alibaba, which has been one of the hardest-hit stocks during the selloff in Chinese stocks.

Amongst a market wide pullback, Alibaba (BABA) stock’s fall from grace over the past year has been one of the more eye-catching developments. The ecommerce giant ju…

Why is the stock market going down? As a long-term investor, what should you do next?

Alibaba stock (BABA) made a mid-morning comeback on Tuesday with shares rising from a 6% sell-off to a gain of 3% just after 11:00 AM EST. BABA shares

NEW YORK , March 15, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BABA, XOM, NLOK, GWW, and LLY. … Full story available on Benzinga.com

Alibaba faces renewed delisting risk in US and Hong Kong-listed shares aren't safe. Check out why I believe investors should avoid BABA stock for time being.

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