BENNYLIMx
voted
Hello mooers!
As September 2024 comes to a close, we take a moment to reflect on a tumultuous month marked by significant market volatility and pivotal economic events that shaped trading strategies and decision-making within our dynamic community. From Nvidia's somber guidance that triggered a downturn to the eagerly awaited Federal Reserve rate cuts and the positive surge in Chinese stocks following policy stimuli, mooers ...
As September 2024 comes to a close, we take a moment to reflect on a tumultuous month marked by significant market volatility and pivotal economic events that shaped trading strategies and decision-making within our dynamic community. From Nvidia's somber guidance that triggered a downturn to the eagerly awaited Federal Reserve rate cuts and the positive surge in Chinese stocks following policy stimuli, mooers ...
+6
97
46
BENNYLIMx
voted
Hello Mooers!
In today's discussion, I would like to share with you some China ETFs that are either on my watchlist and/or portfolio and, at the same time, would like to hear from your comments and opinions.
Without further ado, let's begin.
The Chinese stock market has lost $6 trillion in the last three years. But something changed last week. Brokers are being inundated with requests from investors eager to create accounts and take part in this "Onc...
In today's discussion, I would like to share with you some China ETFs that are either on my watchlist and/or portfolio and, at the same time, would like to hear from your comments and opinions.
Without further ado, let's begin.
The Chinese stock market has lost $6 trillion in the last three years. But something changed last week. Brokers are being inundated with requests from investors eager to create accounts and take part in this "Onc...
22
5
BENNYLIMx
voted
BABA earnings beat estimates, whereas revenue declines since IPO
Claim your Earnings Season offer here by winning Rewards Points and discovering Investment Opportunities!
KEY Figures:
● Revenue was $30,689 million and declined 0.1% YoY mainly due to the softness in China commerce segment.
● Non-GAAP net income was $4,517 million, a decrease of 30% YoY, primarily due to the decrease in results of equity method investees and a decrease in adjusted EBITA.
● Net ...
Claim your Earnings Season offer here by winning Rewards Points and discovering Investment Opportunities!
KEY Figures:
● Revenue was $30,689 million and declined 0.1% YoY mainly due to the softness in China commerce segment.
● Non-GAAP net income was $4,517 million, a decrease of 30% YoY, primarily due to the decrease in results of equity method investees and a decrease in adjusted EBITA.
● Net ...
+1
26
15
BENNYLIMx
voted
Mysterious tycoons quietly transferred their positions of HK $92 billion of stock deposits back to Hong Kong.
Under the new auditing system in the US, Chinese stocks listed in the US are likely to be delisted. Including Tencent and Sense Time, large investors have gradually moved their stocks back to Hong Kong. The latest is Alibaba. "Mysterious large investors" quietly transferred their holdings to Hong Kong with a value of about HK $92 billion.
Alibab...
5
7
BENNYLIMx
liked
$BABA-W (09988.HK)$
https://www.moomoo.com/en-us/news/post/9320974/ali-cloud-drive-reportedly-launches-membership---super-member--mom-fee-rmb--?src=2&futusource=news_stock_stockpagenews&report_type=stock&report_id=14087964&main_broker=WzEwMDhd&channel=4&skintype=3&level=1&data_ticket=1644200209504618
https://www.moomoo.com/en-us/news/post/9320974/ali-cloud-drive-reportedly-launches-membership---super-member--mom-fee-rmb--?src=2&futusource=news_stock_stockpagenews&report_type=stock&report_id=14087964&main_broker=WzEwMDhd&channel=4&skintype=3&level=1&data_ticket=1644200209504618
3
BENNYLIMx
voted
China concept stocks suffered a bloodbath last year, and even giants like $Alibaba (BABA.US)$ $PDD Holdings (PDD.US)$ were not spared. Pinduoduo’s share price fell from a peak of $212.6 to 39.99 (as of the close on March 22, 2022), a drop of 81%. Ali's stock price plummeted from $319.32 to $103.59 (close on March 22), a drop of 68%, and the market value evaporated more than $550 billion, equivalent to more than 3 trillion yuan. Chinese concept stocks suffered a cold w...
5
BENNYLIMx
voted
$Alibaba (BABA.US)$ the Hangzhou-based e-commerce giant, upsized its share buy-back programme from US$15 billion to US$25 billion on Tuesday amid a plunge in its stock price. It is the largest buy-back in the tech giant’s history.
The programme will run for two years through March 2024, the company said in a statement. Alibaba, which owns the South China Morning Post, had announced a US$10 billion share buy-back p...
The programme will run for two years through March 2024, the company said in a statement. Alibaba, which owns the South China Morning Post, had announced a US$10 billion share buy-back p...
3