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2 China Stocks Falling on Lack of Stimulus Support
Schaeffers Investment Research· 2024-10-08 14:27
U.S.-listed shares of China-based e-commerce platforms Alibaba Group Holding Ltd (NYSE:BABA) and JD.Com Inc (NASDAQ:JD) are both lower Tuesday, as Chinese markets return to trading after the Golden Week holiday. Stocks in the region are underperforming after China's National Development and Reform Commission (NDRC) Chair Zheng Shanjie pledged actions to bolster the country's domestic economy, but stopped short of revealing any new economic stimulus plans.At last glance, Alibaba stock is 7.2% lower at $109.1 ...
Alibaba Has Gone Parabolic And This Could Be Just The Beginning
Seeking Alpha· 2024-10-08 13:00
I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking AlphaAnalyst’s Disclosure: I/we have a beneficial long position in the shares of BABA, AAPL, ...
Alibaba: Game-Changing Catalysts To Drive The Stock
Seeking Alpha· 2024-10-08 02:25
Alibaba (NYSE: BABA ) has multiple positive catalysts that are likely to improve the company's fundamentals and drive the stock higher. The valuation is reasonable, allowing room for the stock to increase further as earnings possibly increase at aDavid focuses on growth & momentum stocks that are reasonably priced and likely to outperform the market over the long-term. He is a long term investor of quality stocks and uses options for strategy. David told investors to buy in March 2009 at the bottom of the f ...
The Zacks Analyst Blog Alibaba, PDD and JD.com
ZACKS· 2024-10-07 12:16
For Immediate ReleasesChicago, IL – October 7, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Alibaba (BABA) , PDD Holdings (PDD) and JD.com (JD) .Here are highlights from Monday’s Analyst Blog: What's Going On with China Stocks? BABA, JD, PDDRelative strength focuses on stocks that have performed well compared ...
Alibaba: China Stimulus Plan Is A Game Changer
Seeking Alpha· 2024-10-07 09:20
Alibaba (NYSE: BABA ) is set to be a major beneficiary of China’s massive stimulus program which is meant to promote economic growth, lending and consumer spending. With Alibaba recently breaking out to the upside, I believe theAnalyst’s Disclosure: I/we have a beneficial long position in the shares of BABA, JD, PDD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alph ...
China B2B E-Commerce Marketplace Player Overview 2024: Alibaba, China's Leading B2B E-Commerce Platform, Generated Close to USD 130 Billion in Revenue in 2023
GlobeNewswire News Room· 2024-10-07 08:12
Dublin, Oct. 07, 2024 (GLOBE NEWSWIRE) -- The "Snapshot of China B2B E-Commerce Marketplaces Player Overview 2024" report has been added to ResearchAndMarkets.com's offering. Alibaba and 1688.com: Driving Global and Local Trade Alibaba.com dominates China's B2B E-Commerce scene by enabling international trade through a vast supplier network and secure transactions, connecting businesses globally. Domestically, 1688.com serves Chinese manufacturers by linking them with local businesses, fostering SME growth ...
Strong Gains for Chinese ADRs as HXC Index Rises, JD.com Leads with 5.31% Increase
Gurufocus· 2024-10-04 21:10
Chinese ADRs saw significant gains, with the Nasdaq Golden Dragon China Index (HXC) climbing 3.05%, marking its fourth consecutive week of advances and a weekly increase of 11.85%. Among the top gainers by market capitalization, Alibaba (BABA) rose 1.50%, JD.com (JD, Financial) surged 5.31%, and Trip.com (TCOM) increased by 5.88%.Other notable gainers included TSMC (TSM) up by 0.94%, Pinduoduo (PDD) increasing by 1.08%, and Baidu (BIDU) up by 1.13%. New Oriental Education (EDU) rose by 1.97%, and Huazhu Hot ...
3 High-Yield Dividend Stocks Gaining From China's Stimulus
Seeking Alpha· 2024-10-04 20:29
China’s ongoing stimulus "bazooka" has triggered an unprecedented stock market rally. Since the start of the month, the Shanghai Composite Index has risen 20% , with more gains having been posted in Hong KongAnalyst’s Disclosure: I/we have a beneficial long position in the shares of BABA, PSBKF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business ...
What's Going on With China Stocks? BABA, JD, PDD
ZACKS· 2024-10-04 15:16
Relative strength focuses on stocks that have performed well compared to a relevant benchmark. For our purposes, the S&P 500 will be the benchmark.By targeting those displaying this favorable price action, investors can participate in positive market trends where buyers are in control. Recently, several China stocks have shown precisely that.Alibaba (BABA) , PDD Holdings (PDD) , and JD.com (JD) have all been scorching hot over the last month, as illustrated below.Image Source: Zacks Investment ResearchBut w ...
Chinese Tech Stocks Surge Amid Economic Stimulus Policies, BABA Leads Growth
Gurufocus· 2024-10-04 12:11
Recently, Chinese technology stocks have experienced a significant surge following the announcement of economic stimulus policies by the Chinese government. New buying activity has been identified as the primary driver of this growth, according to data from S3 Partners and JPMorgan.American Depositary Receipts (ADRs) of major Chinese tech companies like Alibaba (BABA, Financial), JD.com (JD), and Baidu (BIDU) have seen little change in short positions, suggesting that short covering has not been a major fac ...