Guys, what about you and $BABA? Are you holding, are you shopping at these prices? We haven't talked about it here on Bulios in a while. Yes, it's China, which even for me is a pretty big hurdle, for some it's enough of a risk that they avoid that market altogether. Valuation-wise it might not be a bad buy though, what are your views?
Could someone explain one thing to me?
Shares of Alibaba Group and Tencent in Hong Kong strengthened on Monday following the $984 million fine against Ant Group, founded by Jack Ma (Alibaba $BABA). This could signal the end of regulatory crackdowns against the country's tech sector.
...Is anyone following China more actively? On Friday I bought my first position in $BABA.
This week I am most likely going to buy $KWEB. For those who don't know, it's an ETF that's 50% Chinese tech companies, 25% retail,... (The largest share is made up of companies like Tencent, Alibaba, JD.com). In general Chinese stocks have been experiencing a longer term downturn, which...
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INVESTMENT COMPANY BERNSTEIN DOWNGRADES ALPHABET AND ALIBABA
Bernstein says it's time to move to the sidelines as competition grows.
The firm on Monday downgraded the tech giant to Market Perform from Outperform with a target price of $125 per share - representing or roughly 6% growth over the next year.
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I am quite surprised by this, because analysts often tend to wear rose-coloured glasses. I wouldn't worry about these 2 companies in particular.
It's a great place and a great company, but I have an aversion to the place and there's no train going through it...
Too bad BABA is not in the USA, it would be a beautiful investment. But then, of course, the price would be at completely different levels.
$BABA really isn't a bad company. It's just a shame that the main market is where it's based...otherwise it would be a great deal. Despite the risks, I don't want to do it...
I don't like the stagnant cloud there at all. If they want to do an IPO they should do something about it;)
Hey investors, have a nice Sunday.
This week 8.5 - 12.5 we had some interesting companies reporting their quarterly results.
For my part, I can say that I was pleasantly surprised by $WMT, whose results nicely exceeded expectations. I don't own shares of $WMT yet, but I would like to buy a few shares, but the share price would have to come down.
I was also a little disappointed...
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I would appreciate the following week if I understood trading. All the attention on Nvidia, I'm not getting anything out of it. 😁
I'm curious to see how the PSE situation plays out, I'd like to see Komercka a bit lower to buy.
I wasn't expecting that. I had high expectations for $BABA, although I didn't invest in it. So I'm glad I didn't miss out.
Well I'm curious about the piecemeal subscription, it doesn't make much sense to me why it would open up any value for shareholders. If the government is uncomfortable with the market position it has, it probably allowed them to do it in the hope of diluting their influence. The US will also throw sticks under their feet in the form of tariffs or restrictions on access to the latest chips. I have a position there, and not a small one, so I'm waiting to see if they go back to their previous growth and original valuation. Anyway, China is a very complex market and a great school.