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Moody’s cuts China credit outlook to negative
https://apnews.com/article/moodys-china-rating-cut-negative-4d9105eb5c711a4bc7fc1f7db1f66c35
China's economy was built on real estate, in which they proceeded to build worthless ghost cities. It was pure insanity, and the repercussions are here. The economy is mid collapse, and will be worse for China, than any other misstep in history. It could end China as it's known.
BABA new 52 week low
China Investment Bank Bans Bearish Research, Wealth Displays
CICC asks analysts to avoid negative macro, market commentary
https://www.bloomberg.com/news/articles/2023-11-30/china-investment-bank-bans-bearish-research-displays-of-wealth#xj4y7vzkg
This is the nail in the coffin, and absolute proof China's economy is an absolute communist fantasyland. It's on the brink of total collapse, so they simply ban talking about it... Nothing to see here... everything is great!! What a joke...lol
Capital International Investors Has $148.76 Million Stock Position in Alibaba Group Holding Limited (BABA)
By: MarketBeat | November 25, 2023
• Capital International Investors increased its position in Alibaba Group Holding Limited (NYSE:BABA) by 174.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,784,713 shares of the specialty retailer's stock after purchasing an additional 1,133,419 shares during the quarter. Capital International Investors owned approximately 0.07% of Alibaba Group worth $148,758,000 as of its most recent SEC filing...
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Alibaba (BABA) share price decline post-results overdone, Goldman Sachs sees favorable risk/reward
By: Investing | November 24, 2023
Goldman Sachs maintained a Buy rating and $134 per share price target on Alibaba (NYSE:BABA) in a note to clients Friday.
Analysts told investors that they see upside ahead for the stock based on a favorable risk/reward.
"With [the] current market cap (US$209bn) implying 8.7X this year's earnings or 6.4X ex-cash compared with double-digit EPS growth potential ahead, we believe the share price decline post-results has been overdone and see favorable risk-reward given limited downside on our bull/base/bear valuation of US$191/$134/$74," the analysts wrote.
"We continue to view valuation as attractive as current market cap suggests a value for the underlying Taobao+Tmall business of c.6.5X NOPAT after adjusting for net cash on hand (over US$60bn end-2QFY24E), without valuing any of its ex-domestic eCommerce/cloud businesses, with double-digit EPS growth potential on the back of mid-single digit CMR growth, mid-single digit share count reduction yoy and further loss reductions at other businesses," they added.
Along with PDD and Kuaishou, Alibaba continues to be the investment bank's top Buy ideas in eCommerce.
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Alibaba Group $BABA Ugly report, not spinning of cloud now... near 52W low
By: Options Mike | November 19, 2023
• $BABA Everyone keeps waiting for this one to wakeup.. I'm still saying China is a avoid or quick trade only for me.
Ugly report, not spinning of cloud now... near 52W low.
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Since IPO in 2014, Alibaba $BABA has been green in December just twice, with an average return of -5.12%
By: TrendSpider | November 16, 2023
• Looking to buy the $BABA dip? Check this out first...
Since IPO in 2014, Alibaba has been green in December just twice, with an average return of -5.12%.
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Alibaba Group $BABA Barclays reiterates Overweight rating with $138 PT
By: FLOWrensics | November 17, 2023
• $BABA Barclays reiterates Overweight rating with $138 PT.
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Alibaba (BABA) reports Q2 revenue growth, announces dividend amid trading slump
By: Investing | November 16, 2023
NEW YORK - Alibaba (NYSE:BABA) Group Holding Limited (NYSE:BABA), a leading Chinese e-commerce giant, reported a 9% year-over-year increase in its second-quarter revenues today, reaching $30.8 billion. The figure was slightly below the anticipated $30.9 billion. Earnings for the quarter rose by 21% year-over-year to $2.14 per American Depositary Share (ADS), which was just above the expected $2.11.
Despite the positive earnings report, Alibaba's shares experienced a downturn in pre-market trading on Thursday. The company decided against proceeding with a full spin-off of its Cloud Intelligence unit, citing concerns over U.S.-imposed restrictions on semiconductors and computing chips that could negatively impact the unit's performance.
In a move to reward shareholders amidst market challenges, Alibaba's board has approved an annual cash dividend for the fiscal year 2023. Shareholders are set to receive $0.125 per ordinary share or $1.00 per ADS, with payments made in U.S. dollars.
Analysts remain optimistic about Alibaba's stock prospects, maintaining a Strong Buy consensus despite today's pre-market trading slump. This confidence is likely buoyed by Alibaba's solid quarterly performance and strategic decisions to navigate regulatory challenges while providing shareholder value through dividends.
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$BABA near YTD lows...
By: Mike Zaccardi | November 16, 2023
• $BABA near YTD lows...
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Alibaba $BABA Reported Earnings:
By: Evan | November 16, 2023
• ALIBABA $BABA JUST REPORTED EARNINGS
EPADS of $2.14 beating expectations of $2.09
Revenue of $30.8B missing expectations of $31B
Alibaba has decided to not proceed with a full spin-off of its Cloud Intelligence Group
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China's Alibaba to scrap cloud unit spinoff in response to US chip curbs
By: Investing | November 16, 2023
(Reuters) -China's Alibaba (NYSE:BABA) Group Holding said on Thursday it will scrap the spin off of its cloud unit in response to export curbs by the United States on chips used in artificial intelligence applications.
Its U.S.-listed shares fell about 5% in premarket trading after it also reported second-quarter revenue in line with market expectations.
"The recent expansion of U.S. restrictions on export of advanced computing chips has created uncertainties for the prospects of Cloud Intelligence Group," Alibaba said.
The e-commerce giant posted revenue of 224.79 billion yuan ($31.01 billion) in the quarter, compared with analysts' average estimate of 224.32 billion yuan, according to LSEG data.
China's economic recovery has been uneven. While the industrial and the retail sectors performed better than expected, the crisis-hit property sector still weighed on consumer confidence.Alibaba resorted to pressuring merchants to price aggressively during its Singles Day festival as it looks to take on competitors such as Douyin and PDD Holdings' Pinduoduo (NASDAQ:PDD) who have been selling lower-cost products year-round.
This is the first quarterly results for CEO Eddie Wu, one of Alibaba Group's co-founders and long-time lieutenant of former chief Jack Ma, who took over from former group chief executive Daniel Zhang in September.
($1 = 7.2481 Chinese yuan renminbi)
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The numbers coming out of China, are extremely hard to take seriously, and believe. The last couple years have been extremely bad, yet it's always reported that things are good, and getting better... Which is simply not reality.
I've noticed with communism, the "truth" is what they say, and demand the people believe, not what actually is.... I guess they can force feed their "truth" to their people, but outside investors, aren't buying the BS. That's why money is fleeing at a massive pace.
The BABA bots are out in full force on twits. Desperate to lure in some money, from anywhere. Unfortunately, it's well known fact, China is now in a downfall. Real estate was a massive chunk, and the ghost cities crumbling are now on display to the world.
Unemployment will turn the vice onto society and squeeze millions into poverty.
Money is fleeing China in an incredibly massive way.
Anyone watch the Interview with David Hill from Deloitte on Bloomberg tonight...?
Pretty much puked through the whole thing...
Pure shit.
Alibaba Group $BABA Gaps all over, 50D next target to the upside
By: Options Mike | November 5, 2023
• $BABA Gaps all over, 50D next target to the upside.
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$BABA Falling wedge breakout for Alibaba this week, will we see a run-up in earnings?
By: TrendSpider | November 4, 2023
• $BABA Falling wedge breakout for Alibaba this week, will we see a run-up in earnings?
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People are Collapsing Spontaneously all over China! Why?
People are Collapsing Spontaneously all over China! Why?
$BABA Ugly under 77.6 more gap to fill..
By: Options Mike | October 22, 2023
• $BABA Ugly under 77.6 more gap to fill..
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Alibaba $BABA Opening weekly sweeper in to the 10/20 $83 Calls
By: FLOWrensics | October 16, 2023
• $BABA Opening weekly sweeper in to the 10/20 $83 CALLS.
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$BABA Clinging to 84 support area
By: Options Mike | October 15, 2023
• $BABA Clinging to 84 support area, I have little interest in China names.
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Alibaba Group Holding $BABA ~ 2014 vs 2023
By: TrendSpider | October 13, 2023
• $BABA ~ 2014
Revenue: $10.1B
Gross Profit: $7.8B
Equity: $9B
Price: $92
$BABA ~ 2023
Revenue: $128.1B
Gross Profit: $47.8B
Equity: $156B
Price: $84
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Alibaba Group $BABA Opening OTM sweeper in to the 10/20 $92 Calls
By: FLOWrensics | October 10, 2023
• $BABA Opening OTM sweeper in to the 10/20 $92 CALLS .
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Broad Peak Investment Holdings Ltd. Has $84.15 Million Stock Position in Alibaba Group Holding Limited (BABA)
By: MarketBeat | September 29, 2023
• Broad Peak Investment Holdings Ltd. grew its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA) by 45.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,009,608 shares of the specialty retailer's stock after buying an additional 315,379 shares during the period. Alibaba Group accounts for 11.4% of Broad Peak Investment Holdings Ltd.'s portfolio, making the stock its 3rd biggest position. Broad Peak Investment Holdings Ltd.'s holdings in Alibaba Group were worth $84,151,000 as of its most recent SEC filing...
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Alibaba $BABA 21 Day resistance, 84 support...
By: Options Mike | September 30, 2023
• $BABA 21 Day resistance, 84 support...
I'm still avoiding China names.
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Alibaba Group Holding Ltd. $BABA 21D resistance, big gap below now
By: Options Mike | September 24, 2023
• $BABA Gapped up on news spinning off another division on HK exchange. Otherwise name remains weak.
21D resistance, big gap below now.
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$BABA Repeat sweepers active in the 10/06 $90 Calls
By: FLOWrensics | September 18, 2023
• $BABA Repeat sweepers active in the 10/06 $90 CALLS
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Alibaba Group Holding $BABA starting to slip below nearly 12 months of trendzone support this week... Not a great look.
By: TrendSpider | September 17, 2023
• $BABA Alibaba starting to slip below nearly 12 months of trendzone support this week...
Not a great look.
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Alibaba $BABA currently sitting at ~12 months of trendzone support from its 52-week lows...
By: TrendSpider | September 14, 2023
• $BABA Alibaba currently sitting at ~12 months of trendzone support from its 52-week lows...
Breakdown or Bounce?
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Alibaba Group $BABA Such a ugly trader now, gap @ 91.5 and gap @ 87ish...
By: Options Mike | September 9, 2023
• $BABA Such a ugly trader now, gap @ 91.5 and gap @ 87ish...
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Alibaba Group Holding $BABA gap here.. gap there.. 102 is the big resistance if it runs
By: Options Mike | September 4, 2023
• $BABA gap here.. gap there.. 102 is the big resistance if it runs
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Alibaba Group $BABA has been coiling + tightening around its 200 Day SMA for about a year now... An explosive move is around the corner.
By: TrendSpider | September 2, 2023
• $BABA Baba has been coiling + tightening around its 200 Day SMA for about a year now...
An explosive move is around the corner.
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2 China Stocks BABA and JD Moving Higher on New Stimulus
By: Schaeffer's Investment Research | August 28, 2023
• China is making moves to support its struggling economy and property sector
• Options traders lean bearish on BABA and JD
China announced earlier it will support its struggling economy and property sector through new stimulus measures. The country cut its stamp duty on stock trading by half and eased residential housing loan rules, resulting U.S.-listed China stocks surging today. Alibaba Group Holding Ltd (NYSE:BABA) and JD.Com Inc (NASDAQ:JD) were last seen up 2.9% and 2.3% to trade at $92.40 and $33.72, respectively.
Alibaba stock has consolidated below the $93 level for the past couple of weeks, while overhead pressure at the $105 level has been in place for most of the year. Shares could conquer the 50-day moving average, however, if these gains hold. Year over year, BABA is down 5.8%.
At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), BABA's 10-day put/call volume ratio ranks higher than 97% of readings from the past year. This means puts have been much more popular than usual of late.
Despite today's pop, JD.Com stock is still trading within a chip shot of its May 31, three-year low of $31.56. JD is also firmly below its descending 20-day trendline, which first emerged as an area of resistance earlier this month, and is down nearly 40% in 2023.
Short-term options traders have also been more bearish toward JD than the norm. This is per the equity's Schaeffer's put/call open interest ratio (SOIR), which sits in the 82nd percentile of annual readings.
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