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The Latest Breaking News from BABA

SoftBank Goes Defensive On Investments Following Tech Meltdown

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) founder Masayoshi Son looked to slow down investments to raise cash amid the tech stock meltdown and China's regulatory crackdown the Financial Times reports. Rising interest rates and the Ukraine crisis have ravaged its holdings. SoftBank also suffered due to considerable holding in Alibaba Group Holding Ltd (NYSE:BABA) and DiDi…

Benzinga

Baidu, iQIYI Explore Options After US SEC Added Them To Provisional List Pending Audit Review

Baidu Inc (NASDAQ:BIDU) explored options after the U.S. SEC added the Chinese search engine giant to a list of companies that faced delisting concerns, Reuters reports. Beijing refused to permit U.S. officials to review their auditors' work, Bloomberg reports. A 2020 U.S. law mandated a three-year clock for firms to comply with inspection…

Benzinga

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

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Thursday, dragging the benchmark Hang Seng Index into negative territory after three straight days of gains.

Benzinga

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10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Benzinga

Vipshop Holdings vs. Alibaba: Which Chinese Internet Retail Stock is a Better Investment?

Today I'll analyze and compare Vipshop Holdings (VIPS) and Alibaba Group (BABA) to determine which Chinese e-commerce stock is currently a better investment.

StockNews.com

Tesla Rivals Nio, Xpeng Jump 6%, While Alibaba Ticks Down: What's Moving Hong Kong Markets Today?

Shares of U.S.-listed Chinese tech companies mostly traded higher in Hong Kong on Wednesday as the benchmark Hang Seng Index rose for a third straight day.

Benzinga

Alibaba Spearheads $60M Funding Round For Nio-Backed AR Startup Nreal

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) led a $60 million funding round for Nio Inc. (NYSE: NIO)-backed augmented reality glasses maker Nreal,

Benzinga

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Tesla Rival Nio Gains Over 4%, Alibaba Up Nearly 2%: What's Driving Hong Kong Markets Higher Today?

Shares of U.S.-listed Chinese tech companies rose in Hong Kong on Tuesday as the benchmark Hang Seng Index extended gains to a second straight session.

Benzinga

Alibaba Group Holding Whale Trades For March 28

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 52 strange trades.

Benzinga

China Tech's Dwindling Fortunes Fuel More Alibaba Stake Selloff Speculations By SoftBank

The dwindling fortunes of the Chinese tech shares have prompted concerns over Alibaba Group Holding Ltd (NYSE:BABA) stake selloff by SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF), the Wall Street Journal reports. SoftBank's single most significant investment in the e-commerce giant was hit hard by the domestic crackdown. The Nasdaq Golden Dragon China Index of U.S.-listed Chinese stocks…

Benzinga

Russian Invasion of Ukraine Proves To Be Another Headache For Alibaba: WSJ

The Western sanctions on Russia became a bone of contention for Alibaba Group Holding Ltd (NYSE: BABA), as Russia proved to be a bright spot for its AliExpress,

Benzinga

Why Alibaba And Tesla Rivals Nio, Xpeng Are Sliding In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Friday amid lingering worries about U.S.-delisting fears of dual-listed Chinese companies.

Benzinga

Hello Shares Dive Post Dismal Q1 Guidance Amid China's Domestic Tech Crackdown

Hello Group Inc (NASDAQ:MOMO) reported a fourth-quarter FY21 net revenue decline of 3.2% year-on-year to $576.6 million, beating the consensus of $567.96 million. Drivers: Monthly Active Users (MAU) on the Momo application were 114.1 million in December 2021 versus 113.8 million in December 2020. Total paying users of its live video service and value-added…

Benzinga

Tesla Rivals Xpeng, Li Auto Gain While Alibaba Slips: Why Hong Kong Markets Are Trading Mixed Today

Shares of U.S.-listed Chinese tech companies traded mixed in Hong Kong on Thursday after tech conglomerate Tencent Holdings Limited (OTC: TCHEY) reported weak earnings results for the fourth quarter.

Benzinga

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Benzinga

Here's Why Alibaba, Tencent Look To Tighten NFT Norms

Citizens have to register with their real name to purchase NFTs and can only via Chinese Yuan. Chinese internet giants Tencent Holdings Ltd (OTC:TCEHY) and Alibaba Group Holding Ltd (NYSE:BABA) tightened specific rules on their respective NFT marketplaces to avoid further regulatory repercussions, CoinGape reports. Alibaba’s platform Jingtan looked to report users using bots or…

StockNews.com

Alibaba vs. NetEase: Which Chinese Stock is a Better Buy?

The Chinese government’s crackdown on technology companies severely hampered their growth prospects over the past year. However, with the government’s latest reassurance that it will support the technology industry, popular stocks Alibaba Group (BABA) and NetEase (NTES) should again attract significant investor attention. But which of these two stocks is…

Benzinga

Why Alibaba, Tesla Rivals Nio, Xpeng Are Spiking Again In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably higher in Hong Kong on Wednesday following upbeat quarterly earnings results from companies such as smartphone maker Xiaomi Corp. and biotechnology company WuXi Biologics.

Benzinga

Here's How Alibaba's Buyback Boost Could Win Back Investors In China's Internet Sector

Alibaba Group Holding Ltd (NYSE: BABA) share buyback boost&

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news in one place.

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Benzinga

China Asks US-Listed Companies To Prepare For Audit Inspections: Will That Ease Delisting Fears For BABA And Others?

The backlash recently suffered by U.S.-listed Chinese stocks is partly attributable to fears of potential delistings in the U.S. The delisting threat stems from the SEC's mandate that the companies should share their audit inspection as a precondition for continued listing in the U.S. It now appears that Chinese authorities are…

Benzinga

Looking At Alibaba Group Holding's Recent Whale Trades

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 34 strange trades.

Benzinga

Here's Why Alibaba's Stock Didn't Get a Boost Despite Big Share Buyback: Bloomberg

Alibaba Group Holding Ltd (NYSE:BABA) shares traded 60% below the 2021 peak despite a $9 billion share buyback boost, Bloomberg reports. The boost marked the third increase since China's domestic tech crackdown started in late 2020. After the buyback announcement, Alibaba's shares jumped up to 9.8% to HK$108.80 in Hong Kong, trailing the February…

Benzinga

Alibaba Gains Nearly 5%, Tesla Rivals Nio, Xpeng Firm In Hong Kong Today — What's Keeping Sentiment Up?

Shares of U.S.-listed Chinese tech companies — led by Alibaba Group Holding Limited (NYSE: BABA) — traded mostly higher in Hong Kong on Tuesday, after the e-commerce giant said it had

Benzinga

Alibaba Ups Share Buyback Target To $25B: What You Need To Know

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) has raised its share buyback program to $25 billion from $15 billion.

Benzinga

Alibaba Maintains Stronghold Over Chinese Cloud Market: What's Behind The Outperformance

Alibaba Group Holding, Inc.'s (NYSE: BABA) flagship e-commerce business is going through a lean patch, a function of domestic softness and intensifying competition.

Benzinga

China Orders Temporary Suspension Of Microsoft Search Engine Auto Suggest: Reuters

Chinese regulator ordered Microsoft Corp (NASDAQ:MSFT) search engine Bing to suspend its auto-suggest feature for a week for undisclosed reasons, Reuters reports. It marks Bing's second regulatory suspension since December. "Bing is a global search platform and remains committed to respecting the rule of law and users' right to access information," Bing said. Recently…

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