Chinese stocks flirt with investors
Shares of $Alibaba (BABA.US)$ closed up 11% on Tuesday after the Chinese e-commerce giant announced it would increase the size of its share repurchase program from $15 billion to $25 billion.
On the following Wednesday, Alibaba's peer in China, $TENCENT (00700.HK)$ released its fourth and annual earnings report for 2021 and investors are expecting its buyback plans.
Key highlights from Q4 2021:...