China's central bank cut its short-term interest rate for the first time in 10 months on Tuesday to restore market confidence and support a slowing economic recovery in the world's second-largest economy after the pandemic.
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China's central bank cut its short-term interest rate for the first time in 10 months on Tuesday to restore market confidence and support a slowing economic recovery in the world's second-largest economy after the pandemic.
...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.
Alibaba $BABA has cash that makes up 52% of its market capitalization. Net cash makes up 32% of its market capitalization. That doesn't sound like a totally bad deal to me 🤔
$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...
How do you feel about $BABA?
The mood was very positive before the last results, but we were looking at below $80 towards the end of last week. This was mainly due to bad news from the cloud segment.
I'm curious to see how the price will perform this week... What do you think?
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.
Which Chinese stocks are held by local investors?