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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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why are all you longs still here? give up. at any time, china will do something wacky to destroy you.
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 Holding's former CEO, Daniel Zhang Yong, is stepping down as head of the company's cloud division. Eddie Wu Yongming will continue as acting chairman and CEO of Alibaba Cloud Intelligence Group. Alibaba plans to invest $1 billion in a technology fund established by Zhang, supporting future growth and technology ecosystem development.
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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The trading of BABA has been exciting over the previous few days. HSI and US indices have been bleeding nonstop, while BABA has not fallen. Has the impression that either news is on the way or that a floor is being set on the bid; perhaps they are exercising their big stock repurchase program.
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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Alibaba Group Holding $BABA Held the gap, but no power off it so far. Avoiding sector in general
By: Options Mike | August 27, 2023
• $BABA Held the gap, but no power off it so far. Avoiding sector in general.
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Bull of the Day: Alibaba (BABA)
By: Zacks Investment Research | August 23, 2023
Somewhere along the way, Chinese stocks fell out of favor. I suppose that whole “Trade War” thing had a little to do with it. Even now, the occasional headline hits the wires about US-Chinese relations having some strain. That doesn’t mean that you should ignore the stocks. To the contrary, some of these stocks are showing signs of serious growth.
I lean on the Zacks Rank to help me find ideas. Stocks which are in the good graces of our Zacks Rank have the most consistent earnings trends. One such stock is today’s Bull of the Day, the well known Chinese e-commerce giant Alibaba (BABA).
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.
Image Source: Zacks Investment Research
Alibaba is currently a Zacks Rank #1 (Strong Buy) in the Internet – Commerce industry which ranks in the Top 25% of our Zacks Industry Rank. The reason for the favorable rank is the series of positive earnings estimate revisions coming from analysts over Wall Street. Over the last 30 days, two analysts have increased their earnings estimates for the current year and next year. The bullish moves have pushed up our Zacks Consensus Estimates from $7.81 to $9.16 for the current year and $8.61 to $9.96 for next year.
That means that analysts are forecasting 15.37% EPS growth for this year and 8.73% for next year. That’s on revenue growth of 4.97% for this year and 8.95% for next year. With that sort of growth, you’d expect to see some rich valuations. However, that is not the case here with Alibaba. Forward PE on Alibaba is only 9.67x earnings. Compare that to the industry average of 18.6x earnings and the broad market’s 20.5x.
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$BABA When Alibaba went public in 2014, the company was doing $10.1B in revenue. This year, the company is expected to pull in 132.3B in revenue. 13x the revenue with share price essentially flat.
By: TrendSpider | August 21, 2023
• $BABA When Alibaba went public in 2014, the company was doing $10.1B in revenue.
This year, the company is expected to pull in 132.3B in revenue.
13x the revenue with share price essentially flat.
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$BABA Again, other than a very quick trade. This one gap to fill just below here now
By: Options Mike | August 20, 2023
• $BABA Again, other than a very quick trade, China names are generally a avoid for me.
This one gap to fill just below here now.
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Most are probably selling because Chinas economy is doing horrible, and on the verge of total collapse. An economy built on manufacturing, and real estate... Manufacturing is being decimated by outside investment, and demand, drying up due to communist red tape, and lack of trust. And the fake ghost city real estate boom, is flat out over... That was a trainwreck seen from a billion miles away, just waiting to happen.
Jobs are of course also drying up due to these massive failures.
Add in the population/age collapse, leaving a population with more retired... And not enough young to support..
You get a country on the verge of total meltdown.
If someone is selling due to the Evergrande event, I believe they should stop trading. It had already been established. That isn't even news.
Alibaba Group $1.9 Million Call • Strike: 95 • Expiration: 10/20/23
By: Cheddar Flow | August 17, 2023
• $BABA $1.9M OTM Call
Strike: 95
Expiration: 10/20/23
*At the Ask*
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$BABA Good report, but Overall China problems leaning on it. 21d holding for now, if not cluster @ 90 area
By: Options Mike | August 13, 2023
• $BABA Good report, but Overall China problems leaning on it.
21d holding for now, if not cluster @ 90 area.
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How Alibaba $BABA makes its money
By: Savvy Trader | August 11, 2023
• How Alibaba $BABA makes its money.
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$BABA Call Sweepers Hitting The Tape
By: Cheddar Flow | August 10, 2023
• $BABA Call Sweepers Hitting The Tape
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Alibaba income beats estimates amid "strong business momentum"
By: Investing.com | August 10, 2023
Alibaba (NYSE:BABA) has posted first-quarter adjusted core income that topped analyst estimates, as the Chinese e-commerce giant was boosted by strong consumer spending during a major shopping event in China in June.
Recent economic data, including numbers earlier this week showing a contraction in consumer prices, have sparked concerns over a sluggish post-pandemic recovery in China, the world's second-largest economy.
But combined revenues at Alibaba's Taobao and Tmall retail platforms still grew by 12% in the June quarter to 114.95 billion yuan (1 yuan = $0.1387), fueled by increased purchasing activity during the 618 shopping festival.
Group-wide adjusted earnings before interest, tax, depreciation, and amortization climbed by 27% compared to the corresponding three-month period last year to 52.05 billion yuan, above expectations of 44.77B yuan.
Meanwhile, Alibaba's cloud division rose to 25.12B yuan thanks in part to demand for its artificial intelligence computing products, in the latest sign of surging interest in the nascent technology.
“Due to the strong business momentum and our focus on operating efficiency across businesses, we achieved robust financial performance in the past quarter," said Chief Financial Officer Toby Xu in a statement.
U.S.-listed shares in Alibaba climbed by more than 3% in premarket U.S. trading Thursday.
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Alibaba unusual options bubble chart shows August is call heavy, while put flow dominates in September
By: TrendSpider | August 9, 2023
• $BABA Alibaba unusual options bubble chart shows August is call heavy, while put flow dominates in September.
Earnings out tomorrow in premarket, what are you expecting?
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We operate leading online and mobile marketplaces in retail and wholesale trade, as well as cloud computing and other services. We provide technology and services to enable consumers, merchants, and other participants to conduct commerce in our ecosystem.
We aim to build the future infrastructure of commerce. We envision that our customers will meet, work and live at Alibaba, and that we will be a company that lasts at least 102 years.
We empower our customers with the fundamental infrastructure for commerce and data technology, so that they can build businesses and create value that can be shared among our ecosystem participants.
We strive to expand our products and services to become central to the everyday lives of our customers.
For a company that was founded in 1999, lasting at least 102 years means we will have spanned three centuries, an achievement that few companies can claim. Our culture, business models and systems are built to last, so that we can achieve sustainability in the long run.
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