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The Latest Breaking News from Alex Yao

What's Fueling Alibaba Stock's Jump Past Its 52-Week High?

Alibaba Group's (NYSE:BABA) mapping and local services platform, Amap, reached a record 360 million daily users on the first day of China's National Day holiday, underscoring the company's growing push into the local services market.

Should You Buy the Post-Earnings Pop in Alibaba Stock?

Should You Buy the Post-Earnings Pop in Alibaba Stock?

Alibaba stock extends gains after reporting strong earnings for its fiscal Q2. JPMorgan analyst sees BABA shares hitting $170 within the next 12 months.

What's Going On With Alibaba Stock Today?

What's Going On With Alibaba Stock Today?

Alibaba Group Holding Ltd (NYSE: BABA) shares are trading slightly lower despite a bullish call from JPMorgan on Monday.

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Read Why Bilibili Shares Are Soaring In Premarket

Bilibili Inc's (NASDAQ:BILI) board approved the company to pursue the voluntary conversion to dual-primary listing on the Hong Kong Stock Exchange. Bilibili would continue to trade on both the HKSE and Nasdaq. Recently, JPMorgan analyst Alex Yao downgraded Bilibili to Underweight from Overweight with a $15 price target (20.5% downside). JPMorgan downgraded the Chinese tech sector, including Alibaba Group Holding…

Kingsoft Cloud Weighs Dual Listing In Hong Kong As China's Geopolitical, Regulatory Risks Trigger Industry-Wide Selloff

China's leading cloud service provider Kingsoft Cloud Holdings Ltd (NASDAQ:KC), weighed a dual listing of its shares on the Hong Kong Stock Exchange. Analyst Rating: JPMorgan analyst Alex Yao downgraded Kingsoft to Underweight from Neutral with a price target of $3.50, down from $8 (17.7% upside). Yao found the China internet sector is unattractive on a 6-12…

JPMorgan Downgrades Alibaba and Other China Tech Stocks Following Selloff; Calls It "Uninvestable" For Next 6-12 Months

JPMorgan analyst Alex Yao double downgraded Alibaba Group Holding Ltd(NYSE: BABA) to Underweight

Analysts Continue To See Sharp Upside In Alibaba Post Q3 - Read Why

Analysts remained optimistic on Alibaba Group Holding Ltd (NYSE:BABA) post Q3 results. JPMorgan analyst Alex Yao noted that Alibaba reported fiscal Q3 results broadly in-line with Bloomberg consensus and his estimates. Yao has an Overweight rating and a $180 price target (65.2% upside) on Alibaba. He believes a weak December quarter result was "largely expected by…

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