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The Latest Breaking News from BABA

Why Alibaba And Tesla Rivals Xpeng, Li Auto Are Shooting Up In Hong Kong Today

Shares of U.S.-listed Chinese tech companies surged in Hong Kong on Friday as the market resumed trading after the Lunar New Year holidays.

Benzinga

Where Alibaba Group Holding Stands With Analysts

Over the past 3 months, 10 analysts have published their opinion on Alibaba Group Holding (NYSE:BABA) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Check Out What Whales Are Doing With BABA

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 43 strange trades.

Benzinga

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Why Alibaba Is Rising Today Even As Tech Peers Extend Losses In Hong Kong

Shares of U.S.-listed Chinese tech companies — with the exception of Alibaba Group Holding Limited (NYSE: BABA) — extended losses in Hong Kong on Friday, dragging the benchmark Hang Seng Index into negative territory for a second straight day.

Benzinga

Analysts Cut Alibaba Price Target Ahead Of Quarterly Results; Remain Bullish

Analysts cut their price targets on Alibaba Group Holding Ltd (NYSE:BABA) ahead of its quarterly results. However, they continue to see double-digit upside in the stock. Stifel analyst Scott Devitt lowered the price target on Alibaba to $150 from $170 (28% upside) and reiterated a Buy rating. The re-rating follows the previewed results for his…

Benzinga

Chart Wars: Does Amazon Or Alibaba Have More Upside Potential?

Amazon.com, Inc (NASDAQ: AMZN) and Alibaba Group Holdings, Inc (NYSE: BABA) were trading down over 4% and 1.3%, respectively, on Tuesday afternoon in a continued sell-off that has seen Amazon lose about 16% of its va

Benzinga

ZhongAn's Big-Tech Ties In Focus As Alibaba-linked Ant Trims Stake

Key takeaways: • Ant Group, one of the three founders of ZhongAn, disclosed last week it trimmed its stake in the digital insurer • ZhongAn has close business ties to the three parents, especially Ant and its Alibaba affiliate under a platform cooperation agreement

Benzinga

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MoneyGram Reviews Takeover Bids From Private Equity Firms: Report

Private equity firms Madison Dearborn Partners LLC, Siris Capital Group LLC, and Advent International Corp have made competing offers to acquire MoneyGram International Inc (NASDAQ:MGI), Reuters reports. Madison Dearborn offered $10.50 per share in cash, the report adds. MoneyGram closed at $9.27 on January 24. Advent had also expressed interest last year in…

Benzinga

Why Are Alibaba, Baidu And Other Tech Stocks Extending Losses In Hong Kong

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Tuesday, dragging the benchmark Hang Seng Index into negative territory for the second straight day. Why Is It Moving? The Hang Seng Index was down 1.4% at the time of writing, as investors remained cautious ahead of…

Benzinga

Why Nio And Alibaba Shares Are Falling Today

Shares of Chinese stocks, including Nio Inc - ADR (NYSE: NIO) and Alibaba Group Holding Ltd - ADR (NYSE: BABA), are both trading lower amid continued overall weakness in global markets on US Fed policy tightening concerns.

Benzinga

This Is What Whales Are Betting On Alibaba Group Holding

Someone with a lot of money to spend has taken a bullish stance on Alibaba Group Holding (NYSE:BABA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Alibaba, TikTok Parent Launch Interest-Oriented Social Apps: Report

Alibaba Group Holding Ltd (NYSE:BABA) owned online shopping platform Taobao launched an interest-oriented community app called "Yousha" Pandaily reports. TikTok parent ByteDance Ltd's news and information content platform Toutiao tested a smart reading app called "Shiqu." The report adds that both the apps drive social interaction with personal interests, creating an interactive…

Benzinga

Alibaba Affiliate Is Linked To Corruption Scandal: Report

China's state broadcaster has implicated Jack Ma's Ant Group in a corruption scandal,

Benzinga

Why Alibaba, Baidu And Other Tech Stocks Are Falling In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded mostly lower in Hong Kong on Friday, dragging the benchmark Hang Seng Index into negative territory.

Benzinga

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Benzinga

Tencent Emerges As China's Most Valuable Private Company: Hurun Report

Tencent Holdings Ltd (OTC:TCEHY) tops China's most valuable private company list in 2021, according to the Hurun Report. Tencent heads the list with a valuation of $609 billion. Alibaba Group Holding Ltd (NYSE:BABA) dropped to third place. The Hurun Research Institute has released the list of the Top 500 China non-state-controlled enterprises ranked…

Benzinga

Why Alibaba, Xpeng And Other Stocks Are Rising In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Thursday, lifting the benchmark Hang Seng Index to its highest level in almost two months.

Benzinga

China Raises More Regulatory Hurdles For Alibaba, Other Chinese Tech Giants

Benzinga

Why This Alibaba Analyst Is Bullish Despite Tempering Near-Term Expectations

Alibaba Group Holding Limited's (NYSE: BABA) travails are far from over, at least in the near term, although its long-term future is promising, an analyst at Raymond James said in a Wednesday note.

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Benzinga

Why Alibaba Is Falling Today Even As Tech Peers Lead Hang Seng Higher

Shares of U.S.-listed Chinese tech companies traded mostly higher in Hong Kong on Wednesday, leading the benchmark Hang Seng Index higher.

Benzinga

Looking At Alibaba Group Holding's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Alibaba Group Holding (NYSE:BABA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Why Alibaba Shares Are Sliding Today

Alibaba Group Holding Ltd (NYSE: BABA) is trading lower Tuesday morning following a report suggesting the U.S. is examining Alibaba's cloud unit for national security risks.

Benzinga

Why Are Alibaba Shares Trading Lower Premarket?

The U.S. government is reviewing e-commerce giant Alibaba Group Holding Ltd's (NYSE:BABA) cloud business to determine whether it poses a risk to U.S. national security, Reuters reports. The U.S. focuses on how Alibaba stores U.S. clients' data, including personal information and intellectual property, and whether the Chinese government could gain access to it. …

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