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China’s trade surplus
- Alibaba Group Holding Limited (NYSE: BABA) stock rose on Friday following reports of China’s trade surplus hitting a record high in June. Surging exports outpaced a surprise drop in imports, potentially escalating trade tensions.
finance.yahoo.com/news/why-alibaba-stock-gaining-friday-120028243.html
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Shares of Chinese technology giant Alibaba have jumped after it announced a plan to break up the company. The firm says five of the six units created by the move will explore raising fresh...
Sep 30, 2024 · Alibaba Group Holding (BABA) stock is trading modestly higher in Monday's session, building on recent gains that have the Chinese e-commerce giant on track for its best monthly share-price...
- What Happened
- So What
- Now What
Shares of Alibaba Group Holding (BABA-2.06%)were up nearly 9% as of 1:30 ET today, bouncing off the stock's 52-week lows it hit on Friday. Investors seem to be breathing a sigh of relief over a plan by another Chinese stock that is going to delist from U.S. exchanges. Also, Alibaba announced a shake-up to its senior management team that garnered ho...
Last week, Chinese ride-hailing giant DiDi Global (DIDI-3.33%) revealed it was going to delist from the New York Stock Exchange, after it was directed to do so by China's Cyberspace Administration. Since Alibaba is also listed on U.S. exchanges, fears over its own delisting caused the stock to plunge in sympathy, as shareholders were left in the da...
On top of competitive pressures and government fines, many investors may also be concerned that this summer's popping of the property bubble in China could lead to a recession. However, Monday also saw China's top government think tank proposing 5% economic growth for 2022. Should the central bank loosen monetary conditions to meet that target, it ...
- Billy Duberstein
Sep 30, 2024 · China’s tech and e-commerce juggernaut Alibaba Group Holding Limited (NYSE: BABA) has seen its share price surged over 19% in the past five days. Today in premarket trading, the stock is...
Mar 17, 2022 · BABA stock has fallen about 75% from peak to trough since November 2021, before the stock price surged nearly 37% yesterday. Specifically, its peak and trough were, respectively, about US$320...
- Kay Ng
Jul 12, 2024 · Alibaba Group Holding Limited (NYSE:BABA) stock rose on Friday following reports of China’s trade surplus hitting a record high in June. Surging exports outpaced a surprise drop in imports ...
Judging by the modest pop in Alibaba's price (and that for other Chinese tech titles), it seems investors are cautiously optimistic that these reforms will benefit the economy.
