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On March 22, Alibaba announced the further expansion of its share repurchase plan from $15 billion to $25 billion. The buyback will continue until the end of March 2024. This move also sets a record for the scale of Chinese concept stock buybacks. According to the previous announced share repurchase plan, as of March 18, 2022, Alibaba Group had repurchased 56.2 million American depositary shares (equivalent to approximately 0.4496 billion ordinary shares) with a total amount of approximately $9.2 billion. In addition, according to the official announcement, Alibaba Group's board of directors also appointed Single Weijian, the Chairman of PAG, as an independent director of the board, effective from March 31, 2022, and he will also become a member of the audit committee.
$BABA-W (09988.HK)$ $Alibaba (BABA.US)$
$BABA-W (09988.HK)$ $Alibaba (BABA.US)$
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$Lion-OCBC Sec HSTECH S$ (HST.SG)$ Heavy dumping of China stocks in NYSE. Today expect great fall. By the way OCBC ETF manager still have the audacity to charge exorbitant annual management fee, its basket of 30 is just simply copied and pasted from HKEx HSTECH ETF 03032.HK with only a few companies off the list.
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$NVIDIA (NVDA.US)$
Previously UK block the deal, likely will also be block by China as many chipmakers use Arm's design. now add in US block. unlikely will go thru, so probably factoring the option fee they have to pay SoftBank if deal cannot be broker by 2022
Previously UK block the deal, likely will also be block by China as many chipmakers use Arm's design. now add in US block. unlikely will go thru, so probably factoring the option fee they have to pay SoftBank if deal cannot be broker by 2022
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Made money today
My wife made me my favorite meal
Although the serving size is a bit less
Thank you $NIO Inc (NIO.US)$ for today's performance
I can finally stop eating fish
My wife made me my favorite meal
Although the serving size is a bit less
Thank you $NIO Inc (NIO.US)$ for today's performance
I can finally stop eating fish
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$Airbnb (ABNB.US)$
Just a temporary pull back due to lock downs in Europe... Opportunity to accumulate. This is the most valuable company with global reach. No other platforms come close... Look beyond covid and u can know why this is the investment to hold.
Just a temporary pull back due to lock downs in Europe... Opportunity to accumulate. This is the most valuable company with global reach. No other platforms come close... Look beyond covid and u can know why this is the investment to hold.
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$Frencken (E28.SG)$ up and down repeatedly. 'washing the plate' by some big players?
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$IFAST (AIY.SG)$ Buy at 9.18, buy again at 9 or below tomorrow.
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