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The Latest Breaking News from BABA

Alibaba Spearheads $60M Funding Round For Nio-Backed AR Startup Nreal

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) led a $60 million funding round for Nio Inc. (NYSE: NIO)-backed augmented reality glasses maker Nreal,

Benzinga

Tesla Rival Nio Gains Over 4%, Alibaba Up Nearly 2%: What's Driving Hong Kong Markets Higher Today?

Shares of U.S.-listed Chinese tech companies rose in Hong Kong on Tuesday as the benchmark Hang Seng Index extended gains to a second straight session.

Benzinga

Alibaba Group Holding Whale Trades For March 28

A whale with a lot of money to spend has taken a noticeably bearish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 52 strange trades.

Benzinga

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China Tech's Dwindling Fortunes Fuel More Alibaba Stake Selloff Speculations By SoftBank

The dwindling fortunes of the Chinese tech shares have prompted concerns over Alibaba Group Holding Ltd (NYSE:BABA) stake selloff by SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF), the Wall Street Journal reports. SoftBank's single most significant investment in the e-commerce giant was hit hard by the domestic crackdown. The Nasdaq Golden Dragon China Index of U.S.-listed Chinese stocks…

Benzinga

Russian Invasion of Ukraine Proves To Be Another Headache For Alibaba: WSJ

The Western sanctions on Russia became a bone of contention for Alibaba Group Holding Ltd (NYSE: BABA), as Russia proved to be a bright spot for its AliExpress,

Benzinga

Why Alibaba And Tesla Rivals Nio, Xpeng Are Sliding In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Friday amid lingering worries about U.S.-delisting fears of dual-listed Chinese companies.

Benzinga

Hello Shares Dive Post Dismal Q1 Guidance Amid China's Domestic Tech Crackdown

Hello Group Inc (NASDAQ:MOMO) reported a fourth-quarter FY21 net revenue decline of 3.2% year-on-year to $576.6 million, beating the consensus of $567.96 million. Drivers: Monthly Active Users (MAU) on the Momo application were 114.1 million in December 2021 versus 113.8 million in December 2020. Total paying users of its live video service and value-added…

Benzinga

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Tesla Rivals Xpeng, Li Auto Gain While Alibaba Slips: Why Hong Kong Markets Are Trading Mixed Today

Shares of U.S.-listed Chinese tech companies traded mixed in Hong Kong on Thursday after tech conglomerate Tencent Holdings Limited (OTC: TCHEY) reported weak earnings results for the fourth quarter.

Benzinga

Here's Why Alibaba, Tencent Look To Tighten NFT Norms

Citizens have to register with their real name to purchase NFTs and can only via Chinese Yuan. Chinese internet giants Tencent Holdings Ltd (OTC:TCEHY) and Alibaba Group Holding Ltd (NYSE:BABA) tightened specific rules on their respective NFT marketplaces to avoid further regulatory repercussions, CoinGape reports. Alibaba’s platform Jingtan looked to report users using bots or…

Benzinga

Alibaba vs. NetEase: Which Chinese Stock is a Better Buy?

The Chinese government’s crackdown on technology companies severely hampered their growth prospects over the past year. However, with the government’s latest reassurance that it will support the technology industry, popular stocks Alibaba Group (BABA) and NetEase (NTES) should again attract significant investor attention. But which of these two stocks is…

StockNews.com

Why Alibaba, Tesla Rivals Nio, Xpeng Are Spiking Again In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably higher in Hong Kong on Wednesday following upbeat quarterly earnings results from companies such as smartphone maker Xiaomi Corp. and biotechnology company WuXi Biologics.

Benzinga

Here's How Alibaba's Buyback Boost Could Win Back Investors In China's Internet Sector

Alibaba Group Holding Ltd (NYSE: BABA) share buyback boost&

Benzinga

China Asks US-Listed Companies To Prepare For Audit Inspections: Will That Ease Delisting Fears For BABA And Others?

The backlash recently suffered by U.S.-listed Chinese stocks is partly attributable to fears of potential delistings in the U.S. The delisting threat stems from the SEC's mandate that the companies should share their audit inspection as a precondition for continued listing in the U.S. It now appears that Chinese authorities are…

Benzinga

Looking At Alibaba Group Holding's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 34 strange trades.

Benzinga

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Benzinga

Here's Why Alibaba's Stock Didn't Get a Boost Despite Big Share Buyback: Bloomberg

Alibaba Group Holding Ltd (NYSE:BABA) shares traded 60% below the 2021 peak despite a $9 billion share buyback boost, Bloomberg reports. The boost marked the third increase since China's domestic tech crackdown started in late 2020. After the buyback announcement, Alibaba's shares jumped up to 9.8% to HK$108.80 in Hong Kong, trailing the February…

Benzinga

Alibaba Gains Nearly 5%, Tesla Rivals Nio, Xpeng Firm In Hong Kong Today — What's Keeping Sentiment Up?

Shares of U.S.-listed Chinese tech companies — led by Alibaba Group Holding Limited (NYSE: BABA) — traded mostly higher in Hong Kong on Tuesday, after the e-commerce giant said it had

Benzinga

Alibaba Ups Share Buyback Target To $25B: What You Need To Know

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) has raised its share buyback program to $25 billion from $15 billion.

Benzinga

Alibaba Maintains Stronghold Over Chinese Cloud Market: What's Behind The Outperformance

Alibaba Group Holding, Inc.'s (NYSE: BABA) flagship e-commerce business is going through a lean patch, a function of domestic softness and intensifying competition.

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Benzinga

China Orders Temporary Suspension Of Microsoft Search Engine Auto Suggest: Reuters

Chinese regulator ordered Microsoft Corp (NASDAQ:MSFT) search engine Bing to suspend its auto-suggest feature for a week for undisclosed reasons, Reuters reports. It marks Bing's second regulatory suspension since December. "Bing is a global search platform and remains committed to respecting the rule of law and users' right to access information," Bing said. Recently…

Benzinga

This Solar Company's 5-Year Return Makes Bitcoin, Tesla, Disney, Apple, Microsoft, Ford, And Alibaba Look Trifling

Enphase Energy Inc (NASDAQ: ENPH) is known as a global leader in solar energy solutions, and over the past five years, delivered beaming returns for traders and investors.

Benzinga

Tencent Caught In Regulatory Turmoil Like Jack Ma's Ant Group

China looks to require Tencent Holdings Ltd (OTC:TCEHY) to include WeChat Pay in a newly created financial holding company, Bloomberg reports. The overhaul may mandate a new license for the universal mobile payments service subjecting it to intense regulatory scrutiny jeopardizing the one-stop-shop appeal reviving investor angst. Tencent needs to fold its banking, securities, insurance,…

Benzinga

Pete Najarian Books Profit On Alibaba Trade, But He's Still Holding These Names With China Exposure

Market Rebellion co-founder Pete Najaraian bought short-term Alibaba Group Holding Ltd (NYSE: BABA) call options earlier this week. He sold those calls following a surge in Alibaba's stock price.

Benzinga

Alibaba Up 9%, Nio Up 4.6% — What's Driving Hong Kong Markets Higher Today?

Shares of U.S.-listed Chinese tech companies extended strong gains in Hong Kong on Thursday after Beijing vowed to ensure stability in the stock market and support overseas listings of domestic companies.

Benzinga

Alibaba Skyrockets After Kevin O'Leary Loads Shares: Is The Bottom Finally In?

Alibaba Group Holdings, Ltd (NYSE: BABA) soared over 37% higher on Wednesday, completely erasing the decline the stock has suffered over the past eight trading days.

Benzinga

This Is What Whales Are Betting On Alibaba Group Holding

A whale with a lot of money to spend has taken a noticeably bullish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 117 strange trades.

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