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China’s trade surplus
- Alibaba Group Holding Limited (NYSE: BABA) stock rose on Friday following reports of China’s trade surplus hitting a record high in June. Surging exports outpaced a surprise drop in imports, potentially escalating trade tensions.
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Jul 12, 2024 · Why Alibaba Stock Is Gaining On Friday. Alibaba Group Holding Limited (NYSE: BABA) stock rose on Friday following reports of China’s trade surplus hitting a record high in June. Surging...
Jul 12, 2024 · Alibaba Group Holding Limited BABA stock rose on Friday following reports of China’s trade surplus hitting a record high in June. Surging exports outpaced a surprise drop in imports,...
Jul 7, 2023 · In this video, I will explain why shares of Alibaba (BABA-0.40%) were soaring on Friday and why this might be exactly what shareholders were awaiting for so long.
- What Happened
- So What
- Now What
Shares of Alibaba Group Holding (BABA-0.23%)were up nearly 9% as of 1:30 ET today, bouncing off the stock's 52-week lows it hit on Friday. Investors seem to be breathing a sigh of relief over a plan by another Chinese stock that is going to delist from U.S. exchanges. Also, Alibaba announced a shake-up to its senior management team that garnered ho...
Last week, Chinese ride-hailing giant DiDi Global (DIDI0.76%) revealed it was going to delist from the New York Stock Exchange, after it was directed to do so by China's Cyberspace Administration. Since Alibaba is also listed on U.S. exchanges, fears over its own delisting caused the stock to plunge in sympathy, as shareholders were left in the dar...
On top of competitive pressures and government fines, many investors may also be concerned that this summer's popping of the property bubble in China could lead to a recession. However, Monday also saw China's top government think tank proposing 5% economic growth for 2022. Should the central bank loosen monetary conditions to meet that target, it ...
- Billy Duberstein
Dec 10, 2021 · Shares of Alibaba Group Holding (BABA-1.28%) were bouncing off their lows this week. As of this writing Friday morning, shares were 10.4% higher than their close last Friday.
- Billy Duberstein
3 days ago · Allen Investment Management LLC lowered its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA - Free Report) by 29.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,705 shares of the special.
Aug 16, 2024 · Alibaba's (NYSE:BABA) stock rose about 3% premarket on Friday after BofA Securities and Truist maintained their Buy ratings on the stock following the company's mixed first quarter results.
