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11-14 21:39

Are you sure JD missed market estimates and are you sure their results are due to China's market economic woes?

China's JD.com Misses Quarterly Revenue Estimates Amid Weak Consumer Spending

11-13 09:05

In this money game, who controls the money will determine the price. All narratives are bullshit.. Lol

Alibaba Stock Is Slumping. Why Singles Day Couldn't Save Chinese Tech

02-15

This article is full of BS

Beware of These 3 Chinese Stocks: A Must-Avoid List

02-12

Once the funds feel that it's too risky to continue to artificially inflate other tech stocks, they will move their funds back to the deflate balloons like JD and Alibaba

JD.com: Extreme Cheapness Won't Last Long

02-10

Alibaba is probably laughing at the dumpers(or dumbers) for the opportunity to buy back at such an rediculously low price

Alibaba Q3: Jack Ma And Joe Tsai Are Teaching The Market A Lesson

02-07

Is Alibaba share price USD250 or 300? Is it not making money? Didn't it not give dividend last quarter? If not, why keeping painting glummy picture as though the company is going bust tomorrow?

Alibaba Misses Revenue Estimates; Boosts Buyback by $25 Billion

02-06

Short sellers getting burnt😅

Alibaba and Other China Stocks Surge. Beware of a Dead Cat Bounce

02-02

Big bubble forming?

Meta's Stock Soars 14% on Big Revenue and Earnings Gains, Strong Outlook

01-17

This equity onslaught seems similar to 1997 currencies onslaught. Quite coordinated attack. Whatever good economic news from China will be met with further selloff. China will need to be able to defend itself otherwise their growth in 2024 will be zero

Chinese ADRs Tumble As China's Growth Misses Consensus, Home Prices Slump

2023-11-30

If you know the pain, it can be easily rectified. There are quite many others who are exuberating without knowing the pain exists is a real cause for concern

Alibaba Stock Drops. A Rival's Success Might Act as a Call for Action

Go to Tiger App to see more news

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src=\"https://community-static.tradeup.com/news/448085bf2701e8561ad053121f513ace\" title=\"\" tg-width=\"539\" tg-height=\"154\"/></p><p>A prolonged property sector crisis, a macroeconomic slowdown and heightened job insecurity have hammered consumer confidence in the world&#39;s second-largest economy, hurting retail sales.</p><p>While the Chinese government has outlined stimulus measures to prop up economic growth, the lack of solid steps to boost consumption has also weighed on sentiment.</p><p>JD.com said total revenue rose 5.1% to 260.4 billion yuan ($35.95 billion) in the third quarter, compared with estimates of 261.45 billion yuan, according to LSEG data.</p><p>Net income attributable to JD.com&#39;s ordinary shareholders stood at 11.7 billion yuan in the July-September period, an increase of 47.8% from a year earlier.</p><p>($1 = 7.2428 Chinese yuan renminbi)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's JD.com Misses Quarterly Revenue Estimates Amid Weak Consumer Spending</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's JD.com Misses Quarterly Revenue Estimates Amid Weak Consumer Spending\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-11-14 17:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nov 14 (Reuters) - Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as persistent economic woes pressured consumers to cut back on spending.</p><p>JD.com shares dropped 2.8% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/448085bf2701e8561ad053121f513ace\" title=\"\" tg-width=\"539\" tg-height=\"154\"/></p><p>A prolonged property sector crisis, a macroeconomic slowdown and heightened job insecurity have hammered consumer confidence in the world&#39;s second-largest economy, hurting retail sales.</p><p>While the Chinese government has outlined stimulus measures to prop up economic growth, the lack of solid steps to boost consumption has also weighed on sentiment.</p><p>JD.com said total revenue rose 5.1% to 260.4 billion yuan ($35.95 billion) in the third quarter, compared with estimates of 261.45 billion yuan, according to LSEG data.</p><p>Net income attributable to JD.com&#39;s ordinary shareholders stood at 11.7 billion yuan in the July-September period, an increase of 47.8% from a year earlier.</p><p>($1 = 7.2428 Chinese yuan renminbi)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09618":"京东集团-SW","JD":"京东"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114264961","content_text":"Nov 14 (Reuters) - Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as persistent economic woes pressured consumers to cut back on spending.JD.com shares dropped 2.8% in premarket trading.A prolonged property sector crisis, a macroeconomic slowdown and heightened job insecurity have hammered consumer confidence in the world's second-largest economy, hurting retail sales.While the Chinese government has outlined stimulus measures to prop up economic growth, the lack of solid steps to boost consumption has also weighed on sentiment.JD.com said total revenue rose 5.1% to 260.4 billion yuan ($35.95 billion) in the third quarter, compared with estimates of 261.45 billion yuan, according to LSEG data.Net income attributable to JD.com's ordinary shareholders stood at 11.7 billion yuan in the July-September period, an increase of 47.8% from a year earlier.($1 = 7.2428 Chinese yuan renminbi)","news_type":1},"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4088733501316390","authorId":"4088733501316390","name":"股利股怪","avatar":"https://community-static.tradeup.com/news/bfb825883fe1c3068daead3db24ed75c","crmLevel":7,"crmLevelSwitch":0,"idStr":"4088733501316390","authorIdStr":"4088733501316390"},"content":"Well they achieved their objective. Red red even beat","text":"Well they achieved their objective. Red red even beat","html":"Well they achieved their objective. Red red even beat"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370408183619696,"gmtCreate":1731459914731,"gmtModify":1731461791090,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"In this money game, who controls the money will determine the price. All narratives are bullshit.. Lol","listText":"In this money game, who controls the money will determine the price. All narratives are bullshit.. Lol","text":"In this money game, who controls the money will determine the price. All narratives are bullshit.. Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370408183619696","repostId":"2482934700","repostType":2,"repost":{"id":"2482934700","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1731421000,"share":"https://ttm.financial/m/news/2482934700?lang=&edition=fundamental","pubTime":"2024-11-12 22:16","market":"fut","language":"en","title":"Alibaba Stock Is Slumping. Why Singles Day Couldn't Save Chinese Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2482934700","media":"Dow Jones","summary":"The prospects of painful U.S. tariffs were weighing on Chinese stocks Tuesday, overshadowing the end of Singles Day -- China's version of Black Friday.Hong Kong's Hang Seng Index closed 2.8% lower Tuesday while Chinese markets fell 1.4%, in a move Mizuho analysts attributed to U.S.-China tension heating up.Trump has chosen Republican Michael Waltz of Florida, a former Green Beret who has taken a tough line on China, to oversee foreign and national security policy in his upcoming administration, The Wall Street Journal reported. The President-elect is also reported to have nominated China Hawk, Florida senator, Marco Rubio to be secretary of state.Hong Kong-listed Alibaba said it saw a record number of active buyers this year. The retailer said that 589 brands including Apple, Nike and Haier surpassed 100 million yuan in gross merchandise volume, a measure of a platform's sales volume. It did not, however, reveal the total amount of sales over the period.Alibaba and JD.com stocks fell 3","content":"<html><head></head><body><p>The prospects of painful U.S. tariffs were weighing on Chinese stocks Tuesday, overshadowing the end of Singles Day -- China&#39;s version of Black Friday.</p><p>Hong Kong&#39;s Hang Seng Index closed 2.8% lower Tuesday while Chinese markets fell 1.4%, in a move Mizuho analysts attributed to U.S.-China tension heating up.</p><p>Alibaba and JD.com stocks&#39; American depositary receipts, or ADRs, were also down by 3% and 5%, respectively, in the premarket.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9428f6a3cae10af920da57cf83f52960\" tg-width=\"772\" tg-height=\"413\"/></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a94fb763bc4bb7f3e645c9375f044cd5\" title=\"\" tg-width=\"781\" tg-height=\"445\"/></p><p>Trump has chosen Republican Michael Waltz of Florida, a former Green Beret who has taken a tough line on China, to oversee foreign and national security policy in his upcoming administration, The Wall Street Journal reported. The President-elect is also reported to have nominated China Hawk, Florida senator, Marco Rubio to be secretary of state.</p><p>Tech stocks led China losses Tuesday, and adding to the gloom around China&#39;s sluggish economy were reports from some of China&#39;s largest e-commerce platforms which disclosed selected metrics from China&#39;s key shopping event Singles Day. The numbers seemingly failed to quiet concerns that China&#39;s efforts to revive its lagging economy aren&#39;t enough.</p><p>The unofficial Chinese holiday, also called &#34;Double 11,&#34; takes place on Nov. 11 every year and is often considered a barometer for China consumer sentiment.</p><p>Hong Kong-listed Alibaba said it saw a record number of active buyers this year. The retailer said that 589 brands including Apple, Nike and Haier surpassed 100 million yuan in gross merchandise volume, a measure of a platform&#39;s sales volume. It did not, however, reveal the total amount of sales over the period.</p><p>Peer JD.com said shoppers increased 20% from last year but also didn&#39;t disclose the total value of its sales during the shopping festival.</p><p>Chinese authorities have introduced a raft of stimulus and economic measures to try to kick-start its lagging economy but cautious consumers have yet to show signs of increased spending.</p><p>The next test for Chinese companies, especially those relying on consumer spending, will be quarterly earnings later this week. JD.com is set to report results on Thursday, followed by Alibaba on Friday.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock Is Slumping. Why Singles Day Couldn't Save Chinese Tech</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock Is Slumping. Why Singles Day Couldn't Save Chinese Tech\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-12 22:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The prospects of painful U.S. tariffs were weighing on Chinese stocks Tuesday, overshadowing the end of Singles Day -- China&#39;s version of Black Friday.</p><p>Hong Kong&#39;s Hang Seng Index closed 2.8% lower Tuesday while Chinese markets fell 1.4%, in a move Mizuho analysts attributed to U.S.-China tension heating up.</p><p>Alibaba and JD.com stocks&#39; American depositary receipts, or ADRs, were also down by 3% and 5%, respectively, in the premarket.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9428f6a3cae10af920da57cf83f52960\" tg-width=\"772\" tg-height=\"413\"/></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a94fb763bc4bb7f3e645c9375f044cd5\" title=\"\" tg-width=\"781\" tg-height=\"445\"/></p><p>Trump has chosen Republican Michael Waltz of Florida, a former Green Beret who has taken a tough line on China, to oversee foreign and national security policy in his upcoming administration, The Wall Street Journal reported. The President-elect is also reported to have nominated China Hawk, Florida senator, Marco Rubio to be secretary of state.</p><p>Tech stocks led China losses Tuesday, and adding to the gloom around China&#39;s sluggish economy were reports from some of China&#39;s largest e-commerce platforms which disclosed selected metrics from China&#39;s key shopping event Singles Day. The numbers seemingly failed to quiet concerns that China&#39;s efforts to revive its lagging economy aren&#39;t enough.</p><p>The unofficial Chinese holiday, also called &#34;Double 11,&#34; takes place on Nov. 11 every year and is often considered a barometer for China consumer sentiment.</p><p>Hong Kong-listed Alibaba said it saw a record number of active buyers this year. The retailer said that 589 brands including Apple, Nike and Haier surpassed 100 million yuan in gross merchandise volume, a measure of a platform&#39;s sales volume. It did not, however, reveal the total amount of sales over the period.</p><p>Peer JD.com said shoppers increased 20% from last year but also didn&#39;t disclose the total value of its sales during the shopping festival.</p><p>Chinese authorities have introduced a raft of stimulus and economic measures to try to kick-start its lagging economy but cautious consumers have yet to show signs of increased spending.</p><p>The next test for Chinese companies, especially those relying on consumer spending, will be quarterly earnings later this week. JD.com is set to report results on Thursday, followed by Alibaba on Friday.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","IE00BZ08YT58.USD":"GUINNESS BEST OF CHINA \"C\" (USD) ACC","BK4526":"热门中概股","LU0084288322.USD":"Natixis Asia Equity RD USD","LU0633140560.USD":"AB EMERGING MARKET MULTI ASSET PORTFOLIO \"A\" (USD) ACC","LU0143863198.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"AU\" (USD) ACC","IE0003895053.USD":"PINEBRIDGE ASIA DYNAMIC ASSET ALLOCATION \"AD\" USD  ACC","LU0594300419.USD":"富达中国消费基金A","BK4122":"互联网与直销零售","LU1008478684.HKD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (HKD) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","BK1521":"挪威政府全球养老基金持仓","LU0633140727.USD":"AB EMERGING MARKETS MULTI ASSET PORTFOLIO \"AD\" (USD) INC","JD":"京东","09988":"阿里巴巴-W","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0052750758.USD":"富兰克林中国基金A Acc","IE00BZ08YS42.EUR":"GUINNESS BEST OF CHINA \"C\" (EUR) ACC","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","PDD":"拼多多","BK1142":"互联网与直销零售","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU0229945570.USD":"TEMPLETON BRIC \"A\" (USD) ACC","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU1046422090.SGD":"Fidelity Pacific A-SGD","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","09618":"京东集团-SW","LU0048580855.USD":"富达大中华区A","BK4527":"明星科技股","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU1152091754.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" (HKD) INC","LU0228659784.USD":"施罗德金砖四国基金","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","LU0683595622.HKD":"AB SICAV I-EM.MKTS MUL.ASS.PTF(AD)","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU0605514214.HKD":"FIDELITY CHINA CONSUMER \"A\" (HKD) ACC","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","BK4220":"综合零售","LU0054450605.USD":"HSBC GIF GLOBAL EMERGING MARKTS EQ \"AD\" INC","BK4524":"宅经济概念","BABA":"阿里巴巴"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2482934700","content_text":"The prospects of painful U.S. tariffs were weighing on Chinese stocks Tuesday, overshadowing the end of Singles Day -- China's version of Black Friday.Hong Kong's Hang Seng Index closed 2.8% lower Tuesday while Chinese markets fell 1.4%, in a move Mizuho analysts attributed to U.S.-China tension heating up.Alibaba and JD.com stocks' American depositary receipts, or ADRs, were also down by 3% and 5%, respectively, in the premarket.Trump has chosen Republican Michael Waltz of Florida, a former Green Beret who has taken a tough line on China, to oversee foreign and national security policy in his upcoming administration, The Wall Street Journal reported. The President-elect is also reported to have nominated China Hawk, Florida senator, Marco Rubio to be secretary of state.Tech stocks led China losses Tuesday, and adding to the gloom around China's sluggish economy were reports from some of China's largest e-commerce platforms which disclosed selected metrics from China's key shopping event Singles Day. The numbers seemingly failed to quiet concerns that China's efforts to revive its lagging economy aren't enough.The unofficial Chinese holiday, also called \"Double 11,\" takes place on Nov. 11 every year and is often considered a barometer for China consumer sentiment.Hong Kong-listed Alibaba said it saw a record number of active buyers this year. The retailer said that 589 brands including Apple, Nike and Haier surpassed 100 million yuan in gross merchandise volume, a measure of a platform's sales volume. It did not, however, reveal the total amount of sales over the period.Peer JD.com said shoppers increased 20% from last year but also didn't disclose the total value of its sales during the shopping festival.Chinese authorities have introduced a raft of stimulus and economic measures to try to kick-start its lagging economy but cautious consumers have yet to show signs of increased spending.The next test for Chinese companies, especially those relying on consumer spending, will be quarterly earnings later this week. JD.com is set to report results on Thursday, followed by Alibaba on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":274310414172240,"gmtCreate":1708008194537,"gmtModify":1708008198824,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"This article is full of BS","listText":"This article is full of BS","text":"This article is full of BS","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/274310414172240","repostId":"2411754830","repostType":2,"repost":{"id":"2411754830","pubTimestamp":1708002540,"share":"https://ttm.financial/m/news/2411754830?lang=&edition=fundamental","pubTime":"2024-02-15 21:09","market":"us","language":"en","title":"Beware of These 3 Chinese Stocks: A Must-Avoid List","url":"https://stock-news.laohu8.com/highlight/detail?id=2411754830","media":"InvestorPlace","summary":"Chinese stocks are headed for a cliff, and government stimulus can't save them. Avoid these Chinese stocks before it's too late.","content":"<html><body><article>\n<header>\n<div>\n<div>\n<ul>\n<li>Government stimulus won’t save these Chinese stocks to avoid.</li>\n<li><strong>Alibaba Group Holding </strong>(<strong><strong><u>BABA</u></strong></strong>): BABA is losing market share as it focuses on low-margin expansion activities.</li>\n<li><strong>Nio Inc </strong>(<strong><u>NIO</u></strong>): Nio can’t hold its own against other EV manufacturers.</li>\n<li><strong><a href=\"https://laohu8.com/S/EEMA\">iShares</a> MSCI China ETF </strong>(<strong><strong><u>MCHI</u></strong></strong>): Short interest is holding steady for the Chinese stock market ETF.</li>\n</ul>\n</div>\n<div></div>\n<figure>\n<div>\n<img decoding=\"async\" height=\"432\" sizes=\"(max-width: 768px) 100vw, 768px\" src=\"https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-768x432.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-768x432.jpg 768w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-300x169.jpg 300w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-1024x576.jpg 1024w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-1536x864.jpg 1536w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-200x113.jpg 200w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-400x225.jpg 400w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-116x65.jpg 116w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-100x56.jpg 100w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-89x50.jpg 89w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-78x44.jpg 78w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600.jpg 1600w\" width=\"768\"/> </div>\n<figcaption>\n<p>Source: shutterstock.com/Leonid Sorokin</p>\n</figcaption>\n</figure>\n<div>\n<p>Last week, I talked about how emerging market investors are increasingly leaving Chinese stocks out in the cold. If you’re a China bull, you may argue that including Chinese stocks as part of a wider “emerging market” category isn’t fair to those skewing further left on an emerging/developed market spectrum. And that’s a fair point. As I said in that article, China’s 30% share of the overall emerging market sphere reduces the impact of smaller-cap companies in, for example, Brazil, in favor of a heavier Chinese stock concentration that’s better off categorized separately.</p>\n<p>But that’s the bull thesis.</p>\n<p>An alternate and no less justified tact says that overexposure to Chinese stocks puts investor capital at risk in a market with an over-engineered economy that can (and does) step into private companies’ business as the government sees fit to serve collective Chinese interests at the expense of shareholders and stakeholders.</p>\n<p>That’s how one analyst describes the recent decision to cut 66 Chinese stocks from major global indices, saying, “It highlights the issue of negative flows for Chinese stocks as investors reduce exposure to the country, in large part due to recent weak fundamentals, but also fears of ongoing financial instability, regulatory uncertainty, and — most of all — country risk.”</p>\n<p>These three Chinese stocks to avoid tend to be popular among retail investors — but HODL at your own risk.</p>\n<h2><strong>Alibaba Group Holding (BABA)</strong></h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2020/03/baba1600-300x169.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2020/03/baba1600-300x169.jpg 300w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-1024x576.jpg 1024w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-768x432.jpg 768w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-1536x864.jpg 1536w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-200x113.jpg 200w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-400x225.jpg 400w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-116x65.jpg 116w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-100x56.jpg 100w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-89x50.jpg 89w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-78x44.jpg 78w, https://investorplace.com/wp-content/uploads/2020/03/baba1600.jpg 1600w\" width=\"300\"/><div>Source: Kevin Chen Photography / Shutterstock.com</div></div>\n<p>Even from a bullish Chinese stock perspective, <strong>Alibaba Group Holding</strong> (NYSE:<strong>BABA</strong>) is worth trimming or cutting out of your portfolio completely. Not purely because of the geopolitical and economic risks, but because direct competitor <strong>Pinduoduo</strong> (NASDAQ:<strong><span>PDD</span></strong>) is increasingly edging out and putting pressure on the e-commerce retailer.</p>\n<p>Though it remains slightly smaller than BABA based on market cap, PDD shares far outperformed Alibaba, returning 60% over the past six months compared to BABA’s 25% loss over the same period. But the biggest risk facing BABA, as it relates to losing its once-top spot to Pinduoduo, is discount pricing and market share. Right now, PDD is beating BABA on both counts.</p>\n<p>But BABA isn’t helping itself either, considering it missed recent earnings estimates. Though buybacks and dividends might boost the stock’s price in the short run, its long-term prospects are less clear. The company is, á la <strong>Amazon</strong> (NASDAQ:<strong>AMZN</strong>), increasingly pivoting outside of its e-commerce purview, notably within cloud computing. But that market is increasingly flooded, and, with less than 10% of the global market, BABA’s peripheral ambitions risk eating into slim margins and bringing the Chinese stock down further.</p>\n<h2><strong>Nio Inc (NIO)</strong></h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-300x169.png\" srcset=\"https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-300x169.png 300w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-1024x576.png 1024w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-768x432.png 768w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-1536x864.png 1536w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-200x113.png 200w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-400x225.png 400w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-116x65.png 116w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-100x56.png 100w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-89x50.png 89w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-78x44.png 78w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6.png 1600w\" width=\"300\"/><div>Source: Piotr Swat / Shutterstock.com</div></div>\n<p>From a macro perspective, electric vehicle (EV) manufacturer <strong>Nio Inc</strong> (NYSE:<strong>NIO</strong>) faces risk as the global EV market cools amid regulatory churn and reduced overall demand. And, like BABA, NIO faces substantial pressure among comparable Chinese stocks and stiff international competition. For example, of the overall Chinese EV market, Nio claims just 2% of the overall market share, leagues behind <strong>BYD’s</strong> (OTCMKTS:<strong>BYDDF</strong>) 35% market share and <strong>Tesla’s</strong> (NASDAQ:<strong>TSLA</strong>) 8%.</p>\n<p>As <em>InvestorPlace’s</em> Louis Navallier covered recently, even aggressive government stimulus isn’t enough to save the Chinese stock. His research note pointed to the company’s plummeting monthly vehicle delivery rate alongside consistent unprofitability. That fundamental weakness isn’t enough for government stimulus and short-selling restrictions to overcome. Though the stock bounced on the overall news, don’t expect the rebound to last. The company is still overvalued by any practical metric, considering it trades at 1.2x sales and more than 4x book value today.</p>\n<p>Chinese EV stocks are a risky proposition overall, considering global expansion concerns, tariffs, and supply chain problems relating to high-tech components that next-gen cars demand. If you must pick one, stick with Charlie Munger’s recommendation — but avoid Nio at all costs.</p>\n<h2><strong>iShares MSCI China ETF (MCHI)</strong></h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-300x169.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-300x169.jpg 300w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-1024x576.jpg 1024w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-768x432.jpg 768w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-1536x864.jpg 1536w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-200x113.jpg 200w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-400x225.jpg 400w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-116x65.jpg 116w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-100x56.jpg 100w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-89x50.jpg 89w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-78x44.jpg 78w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600.jpg 1600w\" width=\"300\"/><div>Source: Akarat Phasura / Shutterstock.com</div></div>\n<p>Expense Ratio: 0.59%, or $59 annually on a $10,000 investment</p>\n<p>Of course, if you want to avoid (or short) Chinese stocks based on their fundamentally skewed risk/reward profile, <strong>iShares MSCI China ETF</strong> (NASDAQ:<strong>MCHI</strong>) is the clear “winner.” The basket of Chinese stocks holds many publicly tradable on U.S. exchanges but, critically, also a handful inaccessible through domestic investment platforms.</p>\n<p>For example, though BABA and PDD are both top MCHI holdings, the ETF also has Chinese stocks like <strong>China Construction Bank</strong> and <strong>Ping Insurance.</strong> With more than 15% of its overall weight attributable to financial stocks like these, MCHI’s per-share price faces massive downside risk if the Chinese government can’t contain rapid economic decline.</p>\n<p>MCHI’s short interest has remained fairly steady, though elevated, over the past few months. If you’re interested in keeping a close eye on Chinese stocks, this ETF is the easy pick to monitor overall investor sentiment in the region — and whether smart money sees Chinese stocks heading for a cliff.</p>\n<p><em>On the date of publication, Jeremy Flint held no positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.</em></p>\n<div><p>Jeremy Flint, an MBA graduate and skilled finance writer, excels in content strategy for wealth managers and investment funds. Passionate about simplifying complex market concepts, he focuses on fixed-income investing, alternative investments, economic analysis, and the oil, gas, and utilities sectors. Jeremy’s work can also be found at www.jeremyflint.work.</p></div>\n</div>\n<div>\n<div hidden=\"true\">\n<div>\n<svg fill=\"none\" height=\"32\" viewbox=\"0 0 261 32\" width=\"261\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M38.8652 7.49652H42.2492V25.7517H38.8652V7.49652ZM60.0112 7.49652H63.3142V25.7517H60.0921L50.9278 13.1733V25.7517H47.6248V7.49652H50.8469L60.0112 20.0749V7.49652ZM66.5201 7.49652H70.2279L75.4578 21.8955L80.7685 7.49652H84.3144L77.1417 25.7517H73.5957L66.5201 7.49652ZM87.4232 7.49652H100.457V10.5418H90.8072V15.0601H99.5019V18.1054H90.8072V22.7064H100.781V25.7517H87.4232V7.49652ZM113.637 10.8563C112.666 10.5253 111.872 10.3598 111.063 10.3598C110.253 10.3598 109.622 10.5253 109.136 10.8563C108.65 11.1873 108.407 11.601 108.407 12.1803C108.407 12.6768 108.569 13.0906 108.893 13.4216C109.217 13.7526 109.622 14.0009 110.188 14.2491C110.674 14.4974 111.403 14.7456 112.196 14.9939C113.41 15.3249 114.366 15.7387 115.175 16.0697C115.985 16.4007 116.616 16.98 117.183 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}\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeware of These 3 Chinese Stocks: A Must-Avoid List\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-15 21:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/02/beware-of-these-3-chinese-stocks-a-must-avoid-list/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Government stimulus won’t save these Chinese stocks to avoid.\nAlibaba Group Holding (BABA): BABA is losing market share as it focuses on low-margin expansion activities.\nNio Inc (NIO): Nio can’t hold ...</p>\n\n<a href=\"https://investorplace.com/2024/02/beware-of-these-3-chinese-stocks-a-must-avoid-list/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QLD":"纳指两倍做多ETF","BK4507":"流媒体概念","BK4585":"ETF&股票定投概念","MCHI":"中国ETF-iShares MSCI","TSLA":"特斯拉","09866":"蔚来-SW","TQQQ":"纳指三倍做多ETF","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0359201612.USD":"贝莱德中国基金A2","BK4587":"ChatGPT概念","BK4509":"腾讯概念","BK4566":"资本集团","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","PSQ":"纳指反向ETF","FDN":"First Trust Dow Jones Internet I","BK4501":"段永平概念","PDD":"拼多多","AMZN":"亚马逊","BK4588":"碎股","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD",".IXIC":"NASDAQ Composite","QQQ":"纳指100ETF","BK4503":"景林资产持仓","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","SG9999014674.SGD":"Nikko AM All China Equity A SGD","09988":"阿里巴巴-W","BK4502":"阿里概念","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4561":"索罗斯持仓","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","NIO.SI":"蔚来","QID":"纳指两倍做空ETF","BK4099":"汽车制造商","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","LU0823414478.USD":"法巴经典能源转换基金","NIO":"蔚来","BABA":"阿里巴巴","SQQQ":"纳指三倍做空ETF","LU0051755006.USD":"摩根大通中国A (dist)","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC"},"source_url":"https://investorplace.com/2024/02/beware-of-these-3-chinese-stocks-a-must-avoid-list/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2411754830","content_text":"Government stimulus won’t save these Chinese stocks to avoid.\nAlibaba Group Holding (BABA): BABA is losing market share as it focuses on low-margin expansion activities.\nNio Inc (NIO): Nio can’t hold its own against other EV manufacturers.\niShares MSCI China ETF (MCHI): Short interest is holding steady for the Chinese stock market ETF.\n\n\n\n\n\n \n\nSource: shutterstock.com/Leonid Sorokin\n\n\n\nLast week, I talked about how emerging market investors are increasingly leaving Chinese stocks out in the cold. If you’re a China bull, you may argue that including Chinese stocks as part of a wider “emerging market” category isn’t fair to those skewing further left on an emerging/developed market spectrum. And that’s a fair point. As I said in that article, China’s 30% share of the overall emerging market sphere reduces the impact of smaller-cap companies in, for example, Brazil, in favor of a heavier Chinese stock concentration that’s better off categorized separately.\nBut that’s the bull thesis.\nAn alternate and no less justified tact says that overexposure to Chinese stocks puts investor capital at risk in a market with an over-engineered economy that can (and does) step into private companies’ business as the government sees fit to serve collective Chinese interests at the expense of shareholders and stakeholders.\nThat’s how one analyst describes the recent decision to cut 66 Chinese stocks from major global indices, saying, “It highlights the issue of negative flows for Chinese stocks as investors reduce exposure to the country, in large part due to recent weak fundamentals, but also fears of ongoing financial instability, regulatory uncertainty, and — most of all — country risk.”\nThese three Chinese stocks to avoid tend to be popular among retail investors — but HODL at your own risk.\nAlibaba Group Holding (BABA)\nSource: Kevin Chen Photography / Shutterstock.com\nEven from a bullish Chinese stock perspective, Alibaba Group Holding (NYSE:BABA) is worth trimming or cutting out of your portfolio completely. Not purely because of the geopolitical and economic risks, but because direct competitor Pinduoduo (NASDAQ:PDD) is increasingly edging out and putting pressure on the e-commerce retailer.\nThough it remains slightly smaller than BABA based on market cap, PDD shares far outperformed Alibaba, returning 60% over the past six months compared to BABA’s 25% loss over the same period. But the biggest risk facing BABA, as it relates to losing its once-top spot to Pinduoduo, is discount pricing and market share. Right now, PDD is beating BABA on both counts.\nBut BABA isn’t helping itself either, considering it missed recent earnings estimates. Though buybacks and dividends might boost the stock’s price in the short run, its long-term prospects are less clear. The company is, á la Amazon (NASDAQ:AMZN), increasingly pivoting outside of its e-commerce purview, notably within cloud computing. But that market is increasingly flooded, and, with less than 10% of the global market, BABA’s peripheral ambitions risk eating into slim margins and bringing the Chinese stock down further.\nNio Inc (NIO)\nSource: Piotr Swat / Shutterstock.com\nFrom a macro perspective, electric vehicle (EV) manufacturer Nio Inc (NYSE:NIO) faces risk as the global EV market cools amid regulatory churn and reduced overall demand. And, like BABA, NIO faces substantial pressure among comparable Chinese stocks and stiff international competition. For example, of the overall Chinese EV market, Nio claims just 2% of the overall market share, leagues behind BYD’s (OTCMKTS:BYDDF) 35% market share and Tesla’s (NASDAQ:TSLA) 8%.\nAs InvestorPlace’s Louis Navallier covered recently, even aggressive government stimulus isn’t enough to save the Chinese stock. His research note pointed to the company’s plummeting monthly vehicle delivery rate alongside consistent unprofitability. That fundamental weakness isn’t enough for government stimulus and short-selling restrictions to overcome. Though the stock bounced on the overall news, don’t expect the rebound to last. The company is still overvalued by any practical metric, considering it trades at 1.2x sales and more than 4x book value today.\nChinese EV stocks are a risky proposition overall, considering global expansion concerns, tariffs, and supply chain problems relating to high-tech components that next-gen cars demand. If you must pick one, stick with Charlie Munger’s recommendation — but avoid Nio at all costs.\niShares MSCI China ETF (MCHI)\nSource: Akarat Phasura / Shutterstock.com\nExpense Ratio: 0.59%, or $59 annually on a $10,000 investment\nOf course, if you want to avoid (or short) Chinese stocks based on their fundamentally skewed risk/reward profile, iShares MSCI China ETF (NASDAQ:MCHI) is the clear “winner.” The basket of Chinese stocks holds many publicly tradable on U.S. exchanges but, critically, also a handful inaccessible through domestic investment platforms.\nFor example, though BABA and PDD are both top MCHI holdings, the ETF also has Chinese stocks like China Construction Bank and Ping Insurance. With more than 15% of its overall weight attributable to financial stocks like these, MCHI’s per-share price faces massive downside risk if the Chinese government can’t contain rapid economic decline.\nMCHI’s short interest has remained fairly steady, though elevated, over the past few months. If you’re interested in keeping a close eye on Chinese stocks, this ETF is the easy pick to monitor overall investor sentiment in the region — and whether smart money sees Chinese stocks heading for a cliff.\nOn the date of publication, Jeremy Flint held no positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nJeremy Flint, an MBA graduate and skilled finance writer, excels in content strategy for wealth managers and investment funds. Passionate about simplifying complex market concepts, he focuses on fixed-income investing, alternative investments, economic analysis, and the oil, gas, and utilities sectors. Jeremy’s work can also be found at www.jeremyflint.work.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/02/beware-of-these-3-chinese-stocks-a-must-avoid-list/.\n©2024 InvestorPlace Media, LLC","news_type":1},"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273190329266472,"gmtCreate":1707734809168,"gmtModify":1707734813220,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"Once the funds feel&nbsp;that it's too risky to continue to artificially inflate other tech stocks, they will move their funds back to the&nbsp;deflate balloons like JD and Alibaba","listText":"Once the funds feel&nbsp;that it's too risky to continue to artificially inflate other tech stocks, they will move their funds back to the&nbsp;deflate balloons like JD and Alibaba","text":"Once the funds feel that it's too risky to continue to artificially inflate other tech stocks, they will move their funds back to the deflate balloons like JD and Alibaba","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273190329266472","repostId":"2410044636","repostType":2,"repost":{"id":"2410044636","pubTimestamp":1707701256,"share":"https://ttm.financial/m/news/2410044636?lang=&edition=fundamental","pubTime":"2024-02-12 09:27","market":"us","language":"en","title":"JD.com: Extreme Cheapness Won't Last Long","url":"https://stock-news.laohu8.com/highlight/detail?id=2410044636","media":"seekingalpha","summary":"In this article, I will explore that question, ultimately concluding that JD is likely worth more than its current stock price suggests. China Macro Risks Before going any further, I should cover the risks that JD is ex","content":"<html><head></head><body><ul style=\"\"><li><p>JD.com stock fell in the wake of Alibaba&#39;s December quarter earnings release.</p></li><li><p>The release renewed fears of a slowing Chinese economy, as Alibaba grew revenue at just 2.1%, or 5% in constant currency.</p></li><li><p>JD.com&#39;s stock has fallen significantly and is now trading at a cheap valuation, making it a potentially good investment.</p></li><li><p>In this article I explain why JD stock is a good value at today&#39;s prices.</p></li></ul><p>This week, all eyes are on Chinese ADRs. Yesterday, <strong>Alibaba Group Holding</strong> (BABA) reported its earnings for the quarter ended December 31, and announced a $25 billion increase in buybacks. Analysts expected that Alibaba would reveal $36.4 billion in revenue and $2.64 in earnings per share (“EPS”) in Q4. The company actually did $36.66 billion in revenue (up 2.1% or 5% in constant currency), and $2.67 in EPS, beating both estimates.</p><p>Alibaba’s calendar Q4 earnings release is a done deal. As for its peers, the results remain to be seen. <strong>PDD Holdings</strong> (PDD) has done very well over the last year, although its stock sold off after a news article reported that Donald Trump was planning on levying a 60% tariff on all Chinese goods. It regained some ground after Alibaba’s earnings came out.</p><p>As for JD.com(NASDAQ:JD), the story hasn’t been as positive there. JD has fallen 79% from its 2020 highs, by far the worst decline of all Chinese tech stocks in the last four years. The story about JD is similar to that of Alibaba; namely, it’s perceived as too risky because of China’s macro situation. JD’s stock has sold off more than Alibaba’s, though, likely because it doesn’t have a buyback program like that company does.</p><p>That doesn’t mean that JD stock isn’t worth investing in. To the contrary, the company has many of the telltale characteristics of a good investment. The stock is dirt cheap, the company is growing, the earnings usually beat estimates. The company’s margins aren’t quite on par with those of Alibaba or PDD, but as <strong>Costco</strong> (COST) and <strong>Amazon</strong> (AMZN) show, sometimes it makes sense for a retailer to run slim margins in the name of capturing market share.</p><p>Because of its lack of a buyback, JD stock has gotten ridiculously cheap. At today’s prices, it trades at just 7.2 times earnings, 0.24 times sales, 1.09 times book value, and 4.28 times operating cash flow. The stock even has a 2.8% dividend yield, about double the S&amp;P 500’s yield. It’s not that JD’s managers are especially generous with dividends (the payout ratio is just 19%), but rather that the stock has been so beaten down that it now has yield even though not much of the profit is actually being paid out.</p><p>The question is, are the risks in China’s economy really so severe as to make JD worth less than its U.S. counterparts? In this article, I will explore that question, ultimately concluding that JD is likely worth more than its current stock price suggests.</p><h2 id=\"id_228662060\">China Macro Risks</h2><p>Before going any further, I should cover the risks that JD is exposed to. Stocks don’t get beaten down as badly as JD has for no reason. The company’s own performance, going by growth and earnings performance, has been excellent, so we must conclude that China’s macro picture is part of what’s been going wrong. Macroeconomic and geopolitical risk have been heavily cited as factors in the latest leg down in Chinese ADRs. On the macro front, China is facing problems with deflation. On the geopolitical front, concerns about a Taiwan invasion continue to linger. These risks are certainly real. When Russia invaded Ukraine, Russian stocks became essentially worthless, as Russia banned the listing of ADRs and Westerners had difficulty accessing the Russian exchanges directly. Although a Taiwan invasion would not necessarily impact the fundamentals of Chinese companies, there’s at least some possibility that China would retaliate the way Russia did if Western countries sanctioned it. Such an outcome is unlikely in the near term as China is currently seeking to bring in foreign investment. But if you consider an investment in China with a 5-10 year holding period in mind, then delisting is a risk you probably should consider.</p><p>The question is “how do you price such risk?” As I wrote in a recent series of X posts, risk is something you assign a discount to; you don’t avoid a security just because it is risky. Investors deal with risk through seeking discount prices, diversifying their holdings, and hedging their bets. The risk of a stock potentially becoming worthless doesn’t mean it’s necessarily a sell: if the potential return is 1,000%, then a hedged position at a modest weighting in such a stock might make sense.</p><p>The question is, what kind of a discount should JD trade at?</p><p>To answer that question, we need to look at the stock’s valuation, and compare it to that of its peers. Below, I have the multiples for JD, its two closest Chinese competitors, and one U.S. comp, Amazon.</p><table style=\"border-collapse:collapse;\"><colgroup><col/><col/><col/><col/><col/><col/><col/></colgroup><tbody><tr><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p>JD</p></td><td style=\"text-align:left;\"><p>BABA</p></td><td style=\"text-align:left;\"><p>PDD</p></td><td style=\"text-align:left;\"><p>AMZN</p></td><td style=\"text-align:left;\"><p>Average of comps</p></td><td style=\"text-align:left;\"><p>JD discount</p></td></tr><tr><td style=\"text-align:left;\"><p>Adjusted P/E</p></td><td style=\"text-align:left;\"><p>7.6</p></td><td style=\"text-align:left;\"><p>8.4</p></td><td style=\"text-align:left;\"><p>22.5</p></td><td style=\"text-align:left;\"><p>58.8</p></td><td style=\"text-align:left;\"><p>29.9</p></td><td style=\"text-align:left;\"><p>74.9%</p></td></tr><tr><td style=\"text-align:left;\"><p>GAAP P/E</p></td><td style=\"text-align:left;\"><p>11.2</p></td><td style=\"text-align:left;\"><p>13.4</p></td><td style=\"text-align:left;\"><p>29.7</p></td><td style=\"text-align:left;\"><p>58.8</p></td><td style=\"text-align:left;\"><p>34</p></td><td style=\"text-align:left;\"><p>67%</p></td></tr><tr><td style=\"text-align:left;\"><p>Price/sales</p></td><td style=\"text-align:left;\"><p>0.24</p></td><td style=\"text-align:left;\"><p>1.4</p></td><td style=\"text-align:left;\"><p>5.2</p></td><td style=\"text-align:left;\"><p>3</p></td><td style=\"text-align:left;\"><p>3.2</p></td><td style=\"text-align:left;\"><p>92.5%</p></td></tr><tr><td style=\"text-align:left;\"><p>Price/book</p></td><td style=\"text-align:left;\"><p>1.15</p></td><td style=\"text-align:left;\"><p>1.3</p></td><td style=\"text-align:left;\"><p>7.9</p></td><td style=\"text-align:left;\"><p>8.7</p></td><td style=\"text-align:left;\"><p>5.96</p></td><td style=\"text-align:left;\"><p>80%</p></td></tr><tr><td style=\"text-align:left;\"><p>Price/op cash flow</p></td><td style=\"text-align:left;\"><p>4.5</p></td><td style=\"text-align:left;\"><p>6.8</p></td><td style=\"text-align:left;\"><p>14.9</p></td><td style=\"text-align:left;\"><p>21</p></td><td style=\"text-align:left;\"><p>12.23</p></td><td style=\"text-align:left;\"><p>63%</p></td></tr><tr><td style=\"text-align:left;\"><p>Price/free cash flow</p></td><td style=\"text-align:left;\"><p>7</p></td><td style=\"text-align:left;\"><p>8.29</p></td><td style=\"text-align:left;\"><p>14.9</p></td><td style=\"text-align:left;\"><p>54.6</p></td><td style=\"text-align:left;\"><p>25.9</p></td><td style=\"text-align:left;\"><p>73%</p></td></tr></tbody></table><p>Click to enlarge</p><p>As you can see, JD trades at substantial discounts to comparable companies. Note that Alibaba and PDD face the China macro and geopolitical risks discussed above, and are still far pricier than JD. If we use the NASDAQ-100 as a comp, for an analysis that focuses only on comps without delisting risk, then, we arrive at JD trading at a P/E discount of 78%!</p><p>So, JD’s cheap valuation is not just due to geopolitical risk (it’s cheaper than other Chinese tech names), and the discount compared to U.S. tech is enormous. The risk of China invading Taiwan is non-zero, but is it so great that a 78% discount is required? If you take a $100 per year perpetuity and discount it at the current 10 year treasury yield (4.14%), you get a present value of $2,414. If you discount it at 14.14% (the 10 year yield plus a massive 10% risk premium), you get a present value of $707. That’s a 71% discount in price terms, less than JD’s 78% discount to the QQQ’s earnings multiple. The amount of risk being priced into this stock is absolutely colossal. Of course, Chinese stocks in general are in that boat. The question is how do we explain JD’s discount to Alibaba and PDD. To answer that question we need to look at the company’s earnings performance.</p><h2 id=\"id_2519469500\">Performance</h2><p>In the most recent quarter, JD dot com delivered:</p><ul style=\"\"><li><p>$34 billion in revenue, up 1.7%.</p></li><li><p>$1.5 billion in operating income, up 12%.</p></li><li><p>$0.69 in EPS, up 40%.</p></li><li><p>$5.4 billion in free cash flow, up 52.7%.</p></li></ul><p>These results beat expectations, and the growth rates were higher than what Alibaba did in its December quarter (although the time period of these releases is non-identical).</p><p>Now, let’s look at some performance metrics for the trailing 12 month period. According to Seeking Alpha Quant, JD did the following growth rates in the last 12 months:</p><ul style=\"\"><li><p>4.6% in revenue.</p></li><li><p>105% in operating income.</p></li><li><p>1000% in EPS.</p></li><li><p>86% in free cash flow.</p></li></ul><p>Excellent growth, yet the stock price tanked. A price/performance divergence may be emerging. Finally, let’s look at the profitability metrics:</p><ul style=\"\"><li><p>Gross margin: 8.7%.</p></li><li><p>EBIT margin: 2.5%.</p></li><li><p>Net margin: 2.2%.</p></li><li><p>Return on equity: 10.8%.</p></li></ul><p>Overall, JD is quite profitable. Its margins are not as good as Alibaba’s, but its ROE is actually slightly higher. On the whole, we would characterize JD as cheap, profitable and growing.</p><h2 id=\"id_2245282364\">The Bottom Line</h2><p>Before concluding my analysis of JD, I should include a note on risk:</p><p>JD’s margins are fairly slim, which means it wouldn’t take a very large decline in revenue or increase in costs to erase the company’s profits. This is a real risk to shareholders. However, those same slim margins could be thought of as a competitive advantage. The reason JD has slimmer margins than JD or BABA is because it holds most of its own inventory, and thus faces higher costs. That reduces profits but it also gives JD far more control over quality and delivery times than JD and PDD have, as it handles all shipping and logistics itself. Its competitors rely on third parties. It shouldn’t come as a surprise, then, that JD has a reputation for better quality control than Alibaba and PDD.</p><p>Taking all of the above factors into consideration, I conclude that JD stock is a good value today. Cheap, profitable and growing, its extreme cheapness likely won’t last.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JD.com: Extreme Cheapness Won't Last Long</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJD.com: Extreme Cheapness Won't Last Long\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-12 09:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4669250-jdcom-extreme-cheapness-wont-last-long><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JD.com stock fell in the wake of Alibaba's December quarter earnings release.The release renewed fears of a slowing Chinese economy, as Alibaba grew revenue at just 2.1%, or 5% in constant currency....</p>\n\n<a href=\"https://seekingalpha.com/article/4669250-jdcom-extreme-cheapness-wont-last-long\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COST":"好市多","BK4505":"高瓴资本持仓","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4581":"高盛持仓","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","BABA":"阿里巴巴","BK4504":"桥水持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","09618":"京东集团-SW","09988":"阿里巴巴-W","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4592":"伊斯兰概念","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0918141887.USD":"安联亚洲实际收益股票基金","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","BK4507":"流媒体概念","JD":"京东","PDD":"拼多多","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","AMZN":"亚马逊","LU0650527681.SGD":"Fidelity China Consumer A-SGD","BK4575":"芯片概念","BK4509":"腾讯概念","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","BK4501":"段永平概念","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","LU0079474960.USD":"联博美国增长基金A","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4579":"人工智能","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU1720050803.USD":"安联全方位中国股票基金","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","BK4503":"景林资产持仓","SG9999014674.SGD":"Nikko AM All China Equity A SGD","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4502":"阿里概念"},"source_url":"https://seekingalpha.com/article/4669250-jdcom-extreme-cheapness-wont-last-long","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2410044636","content_text":"JD.com stock fell in the wake of Alibaba's December quarter earnings release.The release renewed fears of a slowing Chinese economy, as Alibaba grew revenue at just 2.1%, or 5% in constant currency.JD.com's stock has fallen significantly and is now trading at a cheap valuation, making it a potentially good investment.In this article I explain why JD stock is a good value at today's prices.This week, all eyes are on Chinese ADRs. Yesterday, Alibaba Group Holding (BABA) reported its earnings for the quarter ended December 31, and announced a $25 billion increase in buybacks. Analysts expected that Alibaba would reveal $36.4 billion in revenue and $2.64 in earnings per share (“EPS”) in Q4. The company actually did $36.66 billion in revenue (up 2.1% or 5% in constant currency), and $2.67 in EPS, beating both estimates.Alibaba’s calendar Q4 earnings release is a done deal. As for its peers, the results remain to be seen. PDD Holdings (PDD) has done very well over the last year, although its stock sold off after a news article reported that Donald Trump was planning on levying a 60% tariff on all Chinese goods. It regained some ground after Alibaba’s earnings came out.As for JD.com(NASDAQ:JD), the story hasn’t been as positive there. JD has fallen 79% from its 2020 highs, by far the worst decline of all Chinese tech stocks in the last four years. The story about JD is similar to that of Alibaba; namely, it’s perceived as too risky because of China’s macro situation. JD’s stock has sold off more than Alibaba’s, though, likely because it doesn’t have a buyback program like that company does.That doesn’t mean that JD stock isn’t worth investing in. To the contrary, the company has many of the telltale characteristics of a good investment. The stock is dirt cheap, the company is growing, the earnings usually beat estimates. The company’s margins aren’t quite on par with those of Alibaba or PDD, but as Costco (COST) and Amazon (AMZN) show, sometimes it makes sense for a retailer to run slim margins in the name of capturing market share.Because of its lack of a buyback, JD stock has gotten ridiculously cheap. At today’s prices, it trades at just 7.2 times earnings, 0.24 times sales, 1.09 times book value, and 4.28 times operating cash flow. The stock even has a 2.8% dividend yield, about double the S&P 500’s yield. It’s not that JD’s managers are especially generous with dividends (the payout ratio is just 19%), but rather that the stock has been so beaten down that it now has yield even though not much of the profit is actually being paid out.The question is, are the risks in China’s economy really so severe as to make JD worth less than its U.S. counterparts? In this article, I will explore that question, ultimately concluding that JD is likely worth more than its current stock price suggests.China Macro RisksBefore going any further, I should cover the risks that JD is exposed to. Stocks don’t get beaten down as badly as JD has for no reason. The company’s own performance, going by growth and earnings performance, has been excellent, so we must conclude that China’s macro picture is part of what’s been going wrong. Macroeconomic and geopolitical risk have been heavily cited as factors in the latest leg down in Chinese ADRs. On the macro front, China is facing problems with deflation. On the geopolitical front, concerns about a Taiwan invasion continue to linger. These risks are certainly real. When Russia invaded Ukraine, Russian stocks became essentially worthless, as Russia banned the listing of ADRs and Westerners had difficulty accessing the Russian exchanges directly. Although a Taiwan invasion would not necessarily impact the fundamentals of Chinese companies, there’s at least some possibility that China would retaliate the way Russia did if Western countries sanctioned it. Such an outcome is unlikely in the near term as China is currently seeking to bring in foreign investment. But if you consider an investment in China with a 5-10 year holding period in mind, then delisting is a risk you probably should consider.The question is “how do you price such risk?” As I wrote in a recent series of X posts, risk is something you assign a discount to; you don’t avoid a security just because it is risky. Investors deal with risk through seeking discount prices, diversifying their holdings, and hedging their bets. The risk of a stock potentially becoming worthless doesn’t mean it’s necessarily a sell: if the potential return is 1,000%, then a hedged position at a modest weighting in such a stock might make sense.The question is, what kind of a discount should JD trade at?To answer that question, we need to look at the stock’s valuation, and compare it to that of its peers. Below, I have the multiples for JD, its two closest Chinese competitors, and one U.S. comp, Amazon.JDBABAPDDAMZNAverage of compsJD discountAdjusted P/E7.68.422.558.829.974.9%GAAP P/E11.213.429.758.83467%Price/sales0.241.45.233.292.5%Price/book1.151.37.98.75.9680%Price/op cash flow4.56.814.92112.2363%Price/free cash flow78.2914.954.625.973%Click to enlargeAs you can see, JD trades at substantial discounts to comparable companies. Note that Alibaba and PDD face the China macro and geopolitical risks discussed above, and are still far pricier than JD. If we use the NASDAQ-100 as a comp, for an analysis that focuses only on comps without delisting risk, then, we arrive at JD trading at a P/E discount of 78%!So, JD’s cheap valuation is not just due to geopolitical risk (it’s cheaper than other Chinese tech names), and the discount compared to U.S. tech is enormous. The risk of China invading Taiwan is non-zero, but is it so great that a 78% discount is required? If you take a $100 per year perpetuity and discount it at the current 10 year treasury yield (4.14%), you get a present value of $2,414. If you discount it at 14.14% (the 10 year yield plus a massive 10% risk premium), you get a present value of $707. That’s a 71% discount in price terms, less than JD’s 78% discount to the QQQ’s earnings multiple. The amount of risk being priced into this stock is absolutely colossal. Of course, Chinese stocks in general are in that boat. The question is how do we explain JD’s discount to Alibaba and PDD. To answer that question we need to look at the company’s earnings performance.PerformanceIn the most recent quarter, JD dot com delivered:$34 billion in revenue, up 1.7%.$1.5 billion in operating income, up 12%.$0.69 in EPS, up 40%.$5.4 billion in free cash flow, up 52.7%.These results beat expectations, and the growth rates were higher than what Alibaba did in its December quarter (although the time period of these releases is non-identical).Now, let’s look at some performance metrics for the trailing 12 month period. According to Seeking Alpha Quant, JD did the following growth rates in the last 12 months:4.6% in revenue.105% in operating income.1000% in EPS.86% in free cash flow.Excellent growth, yet the stock price tanked. A price/performance divergence may be emerging. Finally, let’s look at the profitability metrics:Gross margin: 8.7%.EBIT margin: 2.5%.Net margin: 2.2%.Return on equity: 10.8%.Overall, JD is quite profitable. Its margins are not as good as Alibaba’s, but its ROE is actually slightly higher. On the whole, we would characterize JD as cheap, profitable and growing.The Bottom LineBefore concluding my analysis of JD, I should include a note on risk:JD’s margins are fairly slim, which means it wouldn’t take a very large decline in revenue or increase in costs to erase the company’s profits. This is a real risk to shareholders. However, those same slim margins could be thought of as a competitive advantage. The reason JD has slimmer margins than JD or BABA is because it holds most of its own inventory, and thus faces higher costs. That reduces profits but it also gives JD far more control over quality and delivery times than JD and PDD have, as it handles all shipping and logistics itself. Its competitors rely on third parties. It shouldn’t come as a surprise, then, that JD has a reputation for better quality control than Alibaba and PDD.Taking all of the above factors into consideration, I conclude that JD stock is a good value today. Cheap, profitable and growing, its extreme cheapness likely won’t last.","news_type":1},"isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272357631824160,"gmtCreate":1707531358876,"gmtModify":1707536056064,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"Alibaba is probably laughing at the dumpers(or dumbers)&nbsp;for the opportunity to buy back at such an rediculously&nbsp;low price","listText":"Alibaba is probably laughing at the dumpers(or dumbers)&nbsp;for the opportunity to buy back at such an rediculously&nbsp;low price","text":"Alibaba is probably laughing at the dumpers(or dumbers) for the opportunity to buy back at such an rediculously low price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272357631824160","repostId":"2410097232","repostType":2,"repost":{"id":"2410097232","pubTimestamp":1707517306,"share":"https://ttm.financial/m/news/2410097232?lang=&edition=fundamental","pubTime":"2024-02-10 06:21","market":"us","language":"en","title":"Alibaba Q3: Jack Ma And Joe Tsai Are Teaching The Market A Lesson","url":"https://stock-news.laohu8.com/highlight/detail?id=2410097232","media":"seekingalpha","summary":"Data by YCharts Previous coverage In my last work on Alibaba in November I called the e-commerce platform a capital return play because of the declaration of a $0.125 per ordinary share ordinary dividend. The new stock buyback of $25B is another reason to invest in Alibaba, in my opinion, as is momentum in Alibaba's non-China e-commerce business. The e-commerce company continued to generate a ton of free cash flow in the December quarter as well and with a low P/E ratio, accelerated stock buybacks make sense. Recent insider purchases by Jack Ma and Joe Tsai are very noteworthy as well, especially in the context of a falling stock price after Alibaba's earnings. Alibaba's FQ3: investors overreact to slowing top line growth Alibaba missed Q3 expectations on the top line by $215M for the fourth quarter reported on February 7th while its adjusted EPS fell short $0.01 per share of the average prediction…","content":"<html><body><ul><li>Alibaba's shares fell 6% after reporting results for the December quarter, raising concerns about the company's fundamentals related to a slow post-pandemic recovery in China.</li><li>Top line growth decelerated Q/Q, but the International Digital Commerce Group showed solid momentum with a 44% Y/Y increase in revenues.</li><li>Insider purchases by Jack Ma and Joe Tsai show investors where the smart money is flowing.</li><li>Alibaba announced a $25.0B stock buyback, highlighting its strong free cash flow.</li><li>Shares of Alibaba trade at a 13% earnings yield.</li></ul><p><figure><picture><img loading=\"lazy\" src=\"https://media.gettyimages.com/id/1144029246/photo/jack-ma-ceo-of-chinese-e-commerce-giant-alibaba-gestures-as-he-speaks-during-his-visit-at-the.jpg?b=1&amp;s=594x594&amp;w=0&amp;k=20&amp;c=99a-Dat_VPePnKG4t3-XFcr1sj2VWHw6b1CKqjW2IYs=\"/></picture><figcaption><p>PHILIPPE LOPEZ/AFP via Getty Images</p></figcaption></figure></p> <p>Shares of Alibaba Group Holding Limited (<span>NYSE:BABA</span>) fell 6% after the e-commerce company reported results for its December quarter which raised new concerns about the company's fundamentals, especially in China. However, Alibaba's earnings report showed a lot of<span> promise as well and the company tried to woo investors by announcing a $25B stock buyback upsize. While China's economy is expected to slow in 2024, I believe the company's free cash flow looks quite good, and the buyback could allow Alibaba to buy back about 13% of its outstanding shares. Jack Ma and Joe Tsai recently bought a ton of stock for Alibaba as well and investors better take note!</span></p> <p><figure><img height=\"366\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/2/8/saupload_ced714aa2a85402762b2f4ea16a12f59.png\" width=\"635\"/><figcaption>Data by YCharts</figcaption></figure></p> <h2><strong>Previous coverage</strong></h2> <p>In my last work on Alibaba in November I called the e-commerce platform a capital return play because of the declaration<span> of a $0.125 per ordinary share ordinary dividend. The new stock buyback of $25B is another reason to invest in Alibaba, in my opinion, as is momentum in Alibaba's non-China e-commerce business. The e-commerce company continued to generate a ton of free cash flow in the December quarter as well and with a low P/E ratio, accelerated stock buybacks make sense. Recent insider purchases by Jack Ma and Joe Tsai are very noteworthy as well, especially in the context of a falling stock price after Alibaba's earnings.</span></p> <h2><strong>Alibaba's FQ3: investors overreact to slowing top line growth</strong></h2> <p>Alibaba missed Q3 expectations on the top line by $215M for the fourth quarter reported on February 7th while its adjusted EPS fell short $0.01 per share of the average prediction… mainly because e-commerce growth has been slowing in China, affecting the company's largest business segment.</p> <p>Alibaba generated 5% consolidated top line growth in the December quarter and 260.3B Chinese Yuan ($36.7B) in total revenues. This marked a 4 PP deceleration compared to the previous quarter, however, as e-commerce broadly disappointed. Alibaba's e-commerce operations, which are consolidated in the Tmall and Taobao segments, generated only 2% top line growth in FQ3'24 compared to 4% growth in the prior quarter. The slowdown is due to economic headwinds in China and growing concerns over the property sector which have affected consumer confidence negatively. One of the largest property developers in China, Evergrande, recently was forced to liquidate its business due to a failure to restructure $300B in debt.</p> <p>Alibaba's Cloud segment also saw weak growth due to slower business spending and uncertainty about chip supplies. These trends were already visible in the preceding quarter and reason for Alibaba to delay its Cloud unit spin-off that I thought could be a catalyst and delay shares revaluing higher.</p> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/2/8/53926820-17073768357262971.jpeg\"/></span><figcaption><p>Alibaba</p></figcaption></figure></p> <h2><strong>$25B stock buyback upsize and enormous free cash flow value</strong></h2> <p>Possibly the biggest takeaway from Alibaba's fiscal third quarter earnings release on Wednesday, in addition to slowing e-commerce top line growth, was that the company announced a $25B increase in its stock buyback. The $25B buyback will allow Alibaba, at a current price of $73.64, to repurchase approximately 13% of its outstanding shares.</p> <p>The stock buyback is also backed by Alibaba's impressive free cash flow prowess which I believe many investors are still underestimating: Alibaba is enormously profitable on a free cash flow basis and generated 56.5B Chinese Yuan ($8.0B) in free cash flow just in the December quarter. Of this amount, Alibaba returned $2.9B via stock buybacks to shareholders which calculates to a free cash flow return percentage of 37%. In the first nine months of the current fiscal year, Alibaba repurchased $7.7B worth of shares which implies a 39% free cash flow return ratio.</p> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/2/8/53926820-17073768364213693.jpeg\"/></span><figcaption><p>Alibaba</p></figcaption></figure></p> <h2>AIDC momentum</h2> <p>While China's core e-commerce operations are disappointing and the outlook for China's economic growth is muted -- the IMF projects growth will slow from 5.2% in 2023 to 4.6% in 2024 -- Alibaba sees solid momentum for its e-commerce brands outside of China. These operations are concentrated in Alibaba's International Digital Commerce Group/AIDC which includes internationally-oriented shopping platform AliExpress, but also e-commerce brands Lazada, which operates in Southeast Asia, and Turkey-focused Trendyol.</p> <p>Revenues in this segment soared 44% year over year to 28.5B Chinese Yuan ($4.0B) chiefly due to AliExpress seeing 60% year-over-year order growth. This growth is due to the success of AliExpress Choice which presents shoppers with a curated list of top-selling products on its e-commerce platform. Alibaba's International Digital Commerce Group generated just about 10.1% of total revenues for Alibaba in the December quarter, so the segment is not nearly as important as the domestic e-commerce business… which achieved a top line share of 45.9%. But the AIDC segment is growing in importance -- the revenue share was just 7.5% in FQ3'23 -- and this is definitely a segment that is worth watching going forward.</p> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/2/8/53926820-17073768349560304.png\"/></span><figcaption><p>Alibaba</p></figcaption></figure></p> <h2><strong>Insider purchases investors should pay attention to</strong></h2> <p>Jack Ma, founder of Alibaba and former Chief Executive Officer, bought $50M worth of Alibaba shares recently while Alibaba co-founder and Chairman Joe Tsai made a $150M stock buy (Source). The insider purchases, which were made in the fourth quarter, signal not only confidence in Alibaba's growth prospects, but also in China's economy which has been struggling to rebound from devastating COVID-19 lockdowns. Since shares of Alibaba dropped 6% after earnings, I believe it is even more important to highlight these insider purchases.</p> <h2><strong>Alibaba is trading at an earnings yield of 13%</strong></h2> <p>Alibaba's shares have fallen from more than $300 in 2020 to just about $74 on Wednesday, showing a more than 75% decline in market value due to a number of factors such as a slowing economy in China during COVID-19, government crackdowns on China's largest tech companies, restructuring efforts and a delayed Cloud Intelligence Group spin-off. However, investors appear to be too negative about Alibaba and shares are selling at a distressed earnings multiplier of 7.9X… implying a massive 13% earnings yield.</p> <p>Amazon.com, Inc. (AMZN) -- which is seeing a major narrative shift due to its accelerating operating income growth in e-commerce -- is seeing a much higher P/E ratio of 32.2X and an earnings yield of 3.1%. The reason for this discrepancy is the high perceived risk of investing in China given the CCP's control over the economy.</p> <p>I don't believe a 7.9X P/E ratio is appropriate for Alibaba given that the company is generating ~$8B per quarter in free cash flow. I believe Alibaba could trade at a P/E ratio of 12-13X which is a reasonable P/E range for a profitable e-commerce company that is FCF profitable and grows its top line, in my opinion. Alibaba's implied fair value at this multiplier factor range is $111-120, implying up to 62% revaluation potential. This is a dynamic number and may rise and fall with Alibaba's e-commerce performance especially.</p> <p><figure><img height=\"366\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/2/8/saupload_312e2430bc2e629e5d0228252a04cf6c.png\" width=\"635\"/><figcaption>Data by YCharts</figcaption></figure></p> <h2><strong>Risks with Alibaba</strong></h2> <p>The biggest commercial risk that I see for Alibaba is that the company has e-commerce exposure mainly in China which makes Alibaba a fairly concentrated bet on the Chinese economy… which is unfortunately expected to see slowing growth in 2024 as the property sector remains a drag on consumer spending. Despite an e-commerce expansion drive into other markets such as Turkey and Southeast Asia, Alibaba's growth prospects will depend chiefly on the Chinese market. What would change my mind about Alibaba is if the company saw a growth deceleration in AIDC and weaker free cash flow.</p> <h2><strong>Final thoughts</strong></h2> <p>Jack Ma and Joe Tsai are willing to invest $200M into shares of Alibaba at a time of extreme investor hesitance, and they are teaching investors a lesson worth paying attention to: Chinese companies may not be as risky as they think, especially those companies that generate a ton of free cash flow and are growing their revenues internationally.</p> <div></div> <p>While Alibaba is disappointed with its top line growth in the December quarter, especially in domestic e-commerce, there are some bright spots like Alibaba's International Digital Commerce Group which is seeing massive momentum, driven by AliExpress. The real value for Alibaba lies in its significant free cash flow and buyback power, however: Alibaba's $25B stock buyback allows the company to buy back 13% of outstanding shares at the current price. Accelerated stock buybacks obviously make sense as Alibaba has a very low P/E ratio!</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Q3: Jack Ma And Joe Tsai Are Teaching The Market A Lesson</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Q3: Jack Ma And Joe Tsai Are Teaching The Market A Lesson\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-10 06:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4669159-alibaba-q3-jack-ma-and-joe-tsai-are-teaching-the-market-a-lesson><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba's shares fell 6% after reporting results for the December quarter, raising concerns about the company's fundamentals related to a slow post-pandemic recovery in China.Top line growth ...</p>\n\n<a href=\"https://seekingalpha.com/article/4669159-alibaba-q3-jack-ma-and-joe-tsai-are-teaching-the-market-a-lesson\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4535":"淡马锡持仓","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","BK4559":"巴菲特持仓","BK4538":"云计算","BABA":"阿里巴巴","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","BK4550":"红杉资本持仓","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","BK4566":"资本集团","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4558":"双十一","BK4122":"互联网与直销零售","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0918141887.USD":"安联亚洲实际收益股票基金","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4551":"寇图资本持仓","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU0079474960.USD":"联博美国增长基金A","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0109392836.USD":"富兰克林科技股A","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","AMZN":"亚马逊","BK4565":"NFT概念","09988":"阿里巴巴-W","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4554":"元宇宙及AR概念","LU1688375341.USD":"贝莱德中国灵活股票基金","BK4507":"流媒体概念","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0651946864.USD":"贝莱德新兴市场股票收益A2"},"source_url":"https://seekingalpha.com/article/4669159-alibaba-q3-jack-ma-and-joe-tsai-are-teaching-the-market-a-lesson","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2410097232","content_text":"Alibaba's shares fell 6% after reporting results for the December quarter, raising concerns about the company's fundamentals related to a slow post-pandemic recovery in China.Top line growth decelerated Q/Q, but the International Digital Commerce Group showed solid momentum with a 44% Y/Y increase in revenues.Insider purchases by Jack Ma and Joe Tsai show investors where the smart money is flowing.Alibaba announced a $25.0B stock buyback, highlighting its strong free cash flow.Shares of Alibaba trade at a 13% earnings yield.PHILIPPE LOPEZ/AFP via Getty Images Shares of Alibaba Group Holding Limited (NYSE:BABA) fell 6% after the e-commerce company reported results for its December quarter which raised new concerns about the company's fundamentals, especially in China. However, Alibaba's earnings report showed a lot of promise as well and the company tried to woo investors by announcing a $25B stock buyback upsize. While China's economy is expected to slow in 2024, I believe the company's free cash flow looks quite good, and the buyback could allow Alibaba to buy back about 13% of its outstanding shares. Jack Ma and Joe Tsai recently bought a ton of stock for Alibaba as well and investors better take note! Data by YCharts Previous coverage In my last work on Alibaba in November I called the e-commerce platform a capital return play because of the declaration of a $0.125 per ordinary share ordinary dividend. The new stock buyback of $25B is another reason to invest in Alibaba, in my opinion, as is momentum in Alibaba's non-China e-commerce business. The e-commerce company continued to generate a ton of free cash flow in the December quarter as well and with a low P/E ratio, accelerated stock buybacks make sense. Recent insider purchases by Jack Ma and Joe Tsai are very noteworthy as well, especially in the context of a falling stock price after Alibaba's earnings. Alibaba's FQ3: investors overreact to slowing top line growth Alibaba missed Q3 expectations on the top line by $215M for the fourth quarter reported on February 7th while its adjusted EPS fell short $0.01 per share of the average prediction… mainly because e-commerce growth has been slowing in China, affecting the company's largest business segment. Alibaba generated 5% consolidated top line growth in the December quarter and 260.3B Chinese Yuan ($36.7B) in total revenues. This marked a 4 PP deceleration compared to the previous quarter, however, as e-commerce broadly disappointed. Alibaba's e-commerce operations, which are consolidated in the Tmall and Taobao segments, generated only 2% top line growth in FQ3'24 compared to 4% growth in the prior quarter. The slowdown is due to economic headwinds in China and growing concerns over the property sector which have affected consumer confidence negatively. One of the largest property developers in China, Evergrande, recently was forced to liquidate its business due to a failure to restructure $300B in debt. Alibaba's Cloud segment also saw weak growth due to slower business spending and uncertainty about chip supplies. These trends were already visible in the preceding quarter and reason for Alibaba to delay its Cloud unit spin-off that I thought could be a catalyst and delay shares revaluing higher. Alibaba $25B stock buyback upsize and enormous free cash flow value Possibly the biggest takeaway from Alibaba's fiscal third quarter earnings release on Wednesday, in addition to slowing e-commerce top line growth, was that the company announced a $25B increase in its stock buyback. The $25B buyback will allow Alibaba, at a current price of $73.64, to repurchase approximately 13% of its outstanding shares. The stock buyback is also backed by Alibaba's impressive free cash flow prowess which I believe many investors are still underestimating: Alibaba is enormously profitable on a free cash flow basis and generated 56.5B Chinese Yuan ($8.0B) in free cash flow just in the December quarter. Of this amount, Alibaba returned $2.9B via stock buybacks to shareholders which calculates to a free cash flow return percentage of 37%. In the first nine months of the current fiscal year, Alibaba repurchased $7.7B worth of shares which implies a 39% free cash flow return ratio. Alibaba AIDC momentum While China's core e-commerce operations are disappointing and the outlook for China's economic growth is muted -- the IMF projects growth will slow from 5.2% in 2023 to 4.6% in 2024 -- Alibaba sees solid momentum for its e-commerce brands outside of China. These operations are concentrated in Alibaba's International Digital Commerce Group/AIDC which includes internationally-oriented shopping platform AliExpress, but also e-commerce brands Lazada, which operates in Southeast Asia, and Turkey-focused Trendyol. Revenues in this segment soared 44% year over year to 28.5B Chinese Yuan ($4.0B) chiefly due to AliExpress seeing 60% year-over-year order growth. This growth is due to the success of AliExpress Choice which presents shoppers with a curated list of top-selling products on its e-commerce platform. Alibaba's International Digital Commerce Group generated just about 10.1% of total revenues for Alibaba in the December quarter, so the segment is not nearly as important as the domestic e-commerce business… which achieved a top line share of 45.9%. But the AIDC segment is growing in importance -- the revenue share was just 7.5% in FQ3'23 -- and this is definitely a segment that is worth watching going forward. Alibaba Insider purchases investors should pay attention to Jack Ma, founder of Alibaba and former Chief Executive Officer, bought $50M worth of Alibaba shares recently while Alibaba co-founder and Chairman Joe Tsai made a $150M stock buy (Source). The insider purchases, which were made in the fourth quarter, signal not only confidence in Alibaba's growth prospects, but also in China's economy which has been struggling to rebound from devastating COVID-19 lockdowns. Since shares of Alibaba dropped 6% after earnings, I believe it is even more important to highlight these insider purchases. Alibaba is trading at an earnings yield of 13% Alibaba's shares have fallen from more than $300 in 2020 to just about $74 on Wednesday, showing a more than 75% decline in market value due to a number of factors such as a slowing economy in China during COVID-19, government crackdowns on China's largest tech companies, restructuring efforts and a delayed Cloud Intelligence Group spin-off. However, investors appear to be too negative about Alibaba and shares are selling at a distressed earnings multiplier of 7.9X… implying a massive 13% earnings yield. Amazon.com, Inc. (AMZN) -- which is seeing a major narrative shift due to its accelerating operating income growth in e-commerce -- is seeing a much higher P/E ratio of 32.2X and an earnings yield of 3.1%. The reason for this discrepancy is the high perceived risk of investing in China given the CCP's control over the economy. I don't believe a 7.9X P/E ratio is appropriate for Alibaba given that the company is generating ~$8B per quarter in free cash flow. I believe Alibaba could trade at a P/E ratio of 12-13X which is a reasonable P/E range for a profitable e-commerce company that is FCF profitable and grows its top line, in my opinion. Alibaba's implied fair value at this multiplier factor range is $111-120, implying up to 62% revaluation potential. This is a dynamic number and may rise and fall with Alibaba's e-commerce performance especially. Data by YCharts Risks with Alibaba The biggest commercial risk that I see for Alibaba is that the company has e-commerce exposure mainly in China which makes Alibaba a fairly concentrated bet on the Chinese economy… which is unfortunately expected to see slowing growth in 2024 as the property sector remains a drag on consumer spending. Despite an e-commerce expansion drive into other markets such as Turkey and Southeast Asia, Alibaba's growth prospects will depend chiefly on the Chinese market. What would change my mind about Alibaba is if the company saw a growth deceleration in AIDC and weaker free cash flow. Final thoughts Jack Ma and Joe Tsai are willing to invest $200M into shares of Alibaba at a time of extreme investor hesitance, and they are teaching investors a lesson worth paying attention to: Chinese companies may not be as risky as they think, especially those companies that generate a ton of free cash flow and are growing their revenues internationally.  While Alibaba is disappointed with its top line growth in the December quarter, especially in domestic e-commerce, there are some bright spots like Alibaba's International Digital Commerce Group which is seeing massive momentum, driven by AliExpress. The real value for Alibaba lies in its significant free cash flow and buyback power, however: Alibaba's $25B stock buyback allows the company to buy back 13% of outstanding shares at the current price. Accelerated stock buybacks obviously make sense as Alibaba has a very low P/E ratio!","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":271491817410720,"gmtCreate":1707319974463,"gmtModify":1707319980120,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"Is Alibaba share price USD250 or 300? Is it not making money? &nbsp;Didn't it not give dividend last quarter?&nbsp; If not, why keeping painting glummy picture as though the company is going bust tomorrow?&nbsp;","listText":"Is Alibaba share price USD250 or 300? Is it not making money? &nbsp;Didn't it not give dividend last quarter?&nbsp; If not, why keeping painting glummy picture as though the company is going bust tomorrow?&nbsp;","text":"Is Alibaba share price USD250 or 300? Is it not making money? Didn't it not give dividend last quarter? If not, why keeping painting glummy picture as though the company is going bust tomorrow?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/271491817410720","repostId":"1167572253","repostType":2,"repost":{"id":"1167572253","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1707305721,"share":"https://ttm.financial/m/news/1167572253?lang=&edition=fundamental","pubTime":"2024-02-07 19:35","market":"us","language":"en","title":"Alibaba Misses Revenue Estimates; Boosts Buyback by $25 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1167572253","media":"Reuters","summary":"Alibaba : Q3 Non-GAAP EPS of $2.67 beats by $0.03. Revenue of $36.67B  beats by $270M.Alibaba shares jumped over 4% on the news.“Alibaba Group delivered a healthy quarter with revenue growth of 5% year-over-year. We increased our investment in strategic priorities and improved shareholder return by leveraging our strong balance sheet and cash flow. Our board of directors approved an increase of US$25 billion to our share repurchase program, demonstrating our confidence in the outlook of our busi","content":"<html><head></head><body><p>China&#39;s Alibaba Group Holding on Wednesday missed analysts&#39; estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in the world&#39;s second-largest economy.</p><p>Alibaba green-lit another $25 billion in stock repurchases, appealing to investors worried about plateauing growth at a Chinese e-commerce pioneer struggling to fend off new rivals such as PDD Holdings Inc.</p><p>The internet company’s board approved the expansion of an existing buyback program that was already among the country’s largest, encompassing about $9.5 billion last year alone. Its shares gained briefly by more than 5% before giving up those gains in pre-market trading in New York.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/64380f7b430431d6ed760d8b7855d47a\" title=\"\" tg-width=\"854\" tg-height=\"830\"/></p><p>Net income attributable to ordinary shareholders was 14.4 million yuan ($2 million) and net income was 10.7 million yuan ($1.51 million), a decrease of 77%.</p><p>Alibaba announced the split of its business into six units last March in a transition overseen by CEO Eddie Wu and Chairman Joe Tsai, both Alibaba co-founders.</p><p>The company said in December that Wu, group CEO since September, would directly oversee its domestic e-commerce arm, increasing his focus on the core divisions of the company as it combats slower earnings growth and rising competition.</p><p>&#34;Our top priority is to reignite the growth of our core businesses, e-commerce and cloud computing,&#34; Wu said on Wednesday.</p><p>Alibaba is under pressure as consumers in China, the world&#39;s second-largest economy, have been cutting costs in response to a stuttering post-COVID recovery, boosting low-cost domestic e-commerce players such as PDD Holdings.</p><p>PDD, which owns Pinduoduo and overseas-focused platform Temu, soared past Alibaba on Dec. 1 to become the most valuable Chinese e-commerce company after Morgan Stanley downgraded Alibaba on concerns over slower turnaround in its cloud business and customer management revenue.</p><p>Alibaba scrapped plans to spin off its cloud business last year, citing uncertainties over U.S. curbs on exports to China of chips used in artificial intelligence applications, in a big blow to its market value at the time.</p><p>Last week, sources told Reuters that Alibaba was looking to sell a number of consumer sector assets, including its grocery business Freshippo, which has been locked in a price war with Walmart&#39;s membership chain Sam&#39;s Club, leading both sides to cut prices on popular items.</p><p>A Freshippo spokesperson had denied the reports of a potential sale.</p><p>Alibaba&#39;s International Digital Commerce segment, which operates various retail and wholesale marketplaces including AliExpress and Alibaba.com., performed strongly, with AliExpress orders rising 60% on the year.</p><p>($1 = 7.1941 Chinese yuan renminbi)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Misses Revenue Estimates; Boosts Buyback by $25 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Misses Revenue Estimates; Boosts Buyback by $25 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-02-07 19:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>China&#39;s Alibaba Group Holding on Wednesday missed analysts&#39; estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in the world&#39;s second-largest economy.</p><p>Alibaba green-lit another $25 billion in stock repurchases, appealing to investors worried about plateauing growth at a Chinese e-commerce pioneer struggling to fend off new rivals such as PDD Holdings Inc.</p><p>The internet company’s board approved the expansion of an existing buyback program that was already among the country’s largest, encompassing about $9.5 billion last year alone. Its shares gained briefly by more than 5% before giving up those gains in pre-market trading in New York.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/64380f7b430431d6ed760d8b7855d47a\" title=\"\" tg-width=\"854\" tg-height=\"830\"/></p><p>Net income attributable to ordinary shareholders was 14.4 million yuan ($2 million) and net income was 10.7 million yuan ($1.51 million), a decrease of 77%.</p><p>Alibaba announced the split of its business into six units last March in a transition overseen by CEO Eddie Wu and Chairman Joe Tsai, both Alibaba co-founders.</p><p>The company said in December that Wu, group CEO since September, would directly oversee its domestic e-commerce arm, increasing his focus on the core divisions of the company as it combats slower earnings growth and rising competition.</p><p>&#34;Our top priority is to reignite the growth of our core businesses, e-commerce and cloud computing,&#34; Wu said on Wednesday.</p><p>Alibaba is under pressure as consumers in China, the world&#39;s second-largest economy, have been cutting costs in response to a stuttering post-COVID recovery, boosting low-cost domestic e-commerce players such as PDD Holdings.</p><p>PDD, which owns Pinduoduo and overseas-focused platform Temu, soared past Alibaba on Dec. 1 to become the most valuable Chinese e-commerce company after Morgan Stanley downgraded Alibaba on concerns over slower turnaround in its cloud business and customer management revenue.</p><p>Alibaba scrapped plans to spin off its cloud business last year, citing uncertainties over U.S. curbs on exports to China of chips used in artificial intelligence applications, in a big blow to its market value at the time.</p><p>Last week, sources told Reuters that Alibaba was looking to sell a number of consumer sector assets, including its grocery business Freshippo, which has been locked in a price war with Walmart&#39;s membership chain Sam&#39;s Club, leading both sides to cut prices on popular items.</p><p>A Freshippo spokesperson had denied the reports of a potential sale.</p><p>Alibaba&#39;s International Digital Commerce segment, which operates various retail and wholesale marketplaces including AliExpress and Alibaba.com., performed strongly, with AliExpress orders rising 60% on the year.</p><p>($1 = 7.1941 Chinese yuan renminbi)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167572253","content_text":"China's Alibaba Group Holding on Wednesday missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in the world's second-largest economy.Alibaba green-lit another $25 billion in stock repurchases, appealing to investors worried about plateauing growth at a Chinese e-commerce pioneer struggling to fend off new rivals such as PDD Holdings Inc.The internet company’s board approved the expansion of an existing buyback program that was already among the country’s largest, encompassing about $9.5 billion last year alone. Its shares gained briefly by more than 5% before giving up those gains in pre-market trading in New York.Net income attributable to ordinary shareholders was 14.4 million yuan ($2 million) and net income was 10.7 million yuan ($1.51 million), a decrease of 77%.Alibaba announced the split of its business into six units last March in a transition overseen by CEO Eddie Wu and Chairman Joe Tsai, both Alibaba co-founders.The company said in December that Wu, group CEO since September, would directly oversee its domestic e-commerce arm, increasing his focus on the core divisions of the company as it combats slower earnings growth and rising competition.\"Our top priority is to reignite the growth of our core businesses, e-commerce and cloud computing,\" Wu said on Wednesday.Alibaba is under pressure as consumers in China, the world's second-largest economy, have been cutting costs in response to a stuttering post-COVID recovery, boosting low-cost domestic e-commerce players such as PDD Holdings.PDD, which owns Pinduoduo and overseas-focused platform Temu, soared past Alibaba on Dec. 1 to become the most valuable Chinese e-commerce company after Morgan Stanley downgraded Alibaba on concerns over slower turnaround in its cloud business and customer management revenue.Alibaba scrapped plans to spin off its cloud business last year, citing uncertainties over U.S. curbs on exports to China of chips used in artificial intelligence applications, in a big blow to its market value at the time.Last week, sources told Reuters that Alibaba was looking to sell a number of consumer sector assets, including its grocery business Freshippo, which has been locked in a price war with Walmart's membership chain Sam's Club, leading both sides to cut prices on popular items.A Freshippo spokesperson had denied the reports of a potential sale.Alibaba's International Digital Commerce segment, which operates various retail and wholesale marketplaces including AliExpress and Alibaba.com., performed strongly, with AliExpress orders rising 60% on the year.($1 = 7.1941 Chinese yuan renminbi)","news_type":1},"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":271114402193704,"gmtCreate":1707227991036,"gmtModify":1707227995087,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"Short sellers getting burnt😅","listText":"Short sellers getting burnt😅","text":"Short sellers getting burnt😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/271114402193704","repostId":"2409475680","repostType":2,"repost":{"id":"2409475680","pubTimestamp":1707219467,"share":"https://ttm.financial/m/news/2409475680?lang=&edition=fundamental","pubTime":"2024-02-06 19:37","market":"us","language":"en","title":"Alibaba and Other China Stocks Surge. Beware of a Dead Cat Bounce","url":"https://stock-news.laohu8.com/highlight/detail?id=2409475680","media":"marketwatch","summary":"Alibaba and other Chinese stocks have had a brutal start to 2024 amid lingering concerns over China’s economy.              Dreamstime                Alibaba        and other Chinese names surged on T","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4fcb7fb058a561943cf2eef08fffd811\" tg-width=\"639\" tg-height=\"426\"/></p><p>Alibaba and other Chinese names surged on Tuesday, bouncing back after a brutal selloff in recent days as investors seized on more signs that the government will support the stock market. Beware: this could be a dead cat bounce.</p><p>Alibaba stock rose 4.4% in U.S. premarket trading on Tuesday, with shares in e-commerce peers JD.com 5.7% higher and Temu owner PDD up 4.4%. Electric-vehicle maker NIO’s stock jumped 5.4%.</p><p>Hong Kong’s Hang Seng Index rallied 4% with the Shanghai Composite advancing 3.2%. Both benchmarks tore higher on Tuesday after a number of days of volatile and mostly brutal trading, with the Shanghai Composite closing Monday at its lowest level since 2020 after a six-day losing streak. </p><p>Even after Tuesday’s gains, Hong Kong stocks are down 5% this year with Shanghai equities 6% in the red, badly trailing the Dow Jones Industrial Average and S&amp;P 500 in the U.S., which have risen 2% and 4%, respectively, over the same period.</p><p>The force behind declines in Chinese stocks is a familiar one: deep concerns about stagnation in the world’s second-largest economy and a lack of confidence among investors that Beijing will meet these issues with sufficient support. China’s economy has faced a stark economic slowdown over the past year, a disappointment after bets on a rebound in 2023 after Covid-19 restrictions were lifted.</p><p>In the face of the latest market meltdown, recent days ushered in a flurry of news about efforts in China to deliver stimulus that will prop up the stock market, with a new development Tuesday that a sovereign fund will join attempts to stop the rout.</p><p>“Chinese indices surged on a concerted effort made to halt the slide,” said Joshua Mahony, an analyst at broker Scope Markets. “Traders have started to dip their toe back in despite ongoing concerns.”</p><p>Indeed, the latest measures are helping stocks stage a rally—but investors should take heed, because this isn’t the first time Chinese equities have whipsawed on hopes of significant stimulus, which have so far mostly disappointed.</p><p>China faces structural economic problems, including stresses rippling outward from its sprawling and indebted property sector, and a base of domestic investors that looks increasingly unwilling to sink more money into markets.</p><p>It’s only possible in hindsight to tell the difference between a turning point from the market bottom and a so-called dead cat bounce—a short-lived rally that impresses but fails to materialize into much more.</p></body></html>","source":"mwatch_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba and Other China Stocks Surge. Beware of a Dead Cat Bounce</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba and Other China Stocks Surge. Beware of a Dead Cat Bounce\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-06 19:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/alibaba-china-stocks-dead-cat-bounce-1d540a86?mod=newsviewer_click><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba and other Chinese names surged on Tuesday, bouncing back after a brutal selloff in recent days as investors seized on more signs that the government will support the stock market. Beware: this...</p>\n\n<a href=\"https://www.marketwatch.com/articles/alibaba-china-stocks-dead-cat-bounce-1d540a86?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4581":"高盛持仓","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","BK4504":"桥水持仓","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","BK4548":"巴美列捷福持仓","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","PDD":"拼多多","JD":"京东","LU0821914370.USD":"贝莱德亚洲成长领袖A2","BK4565":"NFT概念","LU1688375341.USD":"贝莱德中国灵活股票基金","09988":"阿里巴巴-W","BK4554":"元宇宙及AR概念","BK4531":"中概回港概念","LU0918141887.USD":"安联亚洲实际收益股票基金","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","BK4575":"芯片概念","BK4558":"双十一","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","BK4587":"ChatGPT概念","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4524":"宅经济概念","BK4220":"综合零售","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","BK4535":"淡马锡持仓","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","BABA":"阿里巴巴","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","BK4538":"云计算","BK4527":"明星科技股","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","BK4526":"热门中概股","BK4579":"人工智能","BK4588":"碎股","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4502":"阿里概念","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","BK4505":"高瓴资本持仓","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC"},"source_url":"https://www.marketwatch.com/articles/alibaba-china-stocks-dead-cat-bounce-1d540a86?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2409475680","content_text":"Alibaba and other Chinese names surged on Tuesday, bouncing back after a brutal selloff in recent days as investors seized on more signs that the government will support the stock market. Beware: this could be a dead cat bounce.Alibaba stock rose 4.4% in U.S. premarket trading on Tuesday, with shares in e-commerce peers JD.com 5.7% higher and Temu owner PDD up 4.4%. Electric-vehicle maker NIO’s stock jumped 5.4%.Hong Kong’s Hang Seng Index rallied 4% with the Shanghai Composite advancing 3.2%. Both benchmarks tore higher on Tuesday after a number of days of volatile and mostly brutal trading, with the Shanghai Composite closing Monday at its lowest level since 2020 after a six-day losing streak. Even after Tuesday’s gains, Hong Kong stocks are down 5% this year with Shanghai equities 6% in the red, badly trailing the Dow Jones Industrial Average and S&P 500 in the U.S., which have risen 2% and 4%, respectively, over the same period.The force behind declines in Chinese stocks is a familiar one: deep concerns about stagnation in the world’s second-largest economy and a lack of confidence among investors that Beijing will meet these issues with sufficient support. China’s economy has faced a stark economic slowdown over the past year, a disappointment after bets on a rebound in 2023 after Covid-19 restrictions were lifted.In the face of the latest market meltdown, recent days ushered in a flurry of news about efforts in China to deliver stimulus that will prop up the stock market, with a new development Tuesday that a sovereign fund will join attempts to stop the rout.“Chinese indices surged on a concerted effort made to halt the slide,” said Joshua Mahony, an analyst at broker Scope Markets. “Traders have started to dip their toe back in despite ongoing concerns.”Indeed, the latest measures are helping stocks stage a rally—but investors should take heed, because this isn’t the first time Chinese equities have whipsawed on hopes of significant stimulus, which have so far mostly disappointed.China faces structural economic problems, including stresses rippling outward from its sprawling and indebted property sector, and a base of domestic investors that looks increasingly unwilling to sink more money into markets.It’s only possible in hindsight to tell the difference between a turning point from the market bottom and a so-called dead cat bounce—a short-lived rally that impresses but fails to materialize into much more.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":269690832089320,"gmtCreate":1706851453460,"gmtModify":1706852745901,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"Big bubble forming?","listText":"Big bubble forming?","text":"Big bubble forming?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/269690832089320","repostId":"2408667242","repostType":2,"repost":{"id":"2408667242","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1706822460,"share":"https://ttm.financial/m/news/2408667242?lang=&edition=fundamental","pubTime":"2024-02-02 05:21","market":"hk","language":"en","title":"Meta's Stock Soars 14% on Big Revenue and Earnings Gains, Strong Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=2408667242","media":"Dow Jones","summary":"Facebook parent Meta Platforms Inc.'s stock soared 12% after hours Thursday on a surge in quarterly digital-advertising sales, and big beats on revenue and earnings.The company's board of directors also declared their first cash dividend of 50 cents a share, payable March 26.Meta  reported fiscal fourth-quarter net income of $14.02 billion, or $5.33 a share, compared with net income of $4.65 billion, or $1.76 a share, in the same quarter a year earlier.Revenue expanded 25% to $40.11 billion from $32.2 billion in the year-ago quarter.A bounce-back in advertising, the continued monetization of Instagram and Reels, and AI-fueled ad-targeting and measurement contributed to the quarter's performance. Meta's exemplary performance comes two days after a similarly strong quarter from Google parent Alphabet Inc.  .\"We had a good quarter as our community and business continue to grow,\" Meta Chief Executive Mark Zuckerberg said in a statement announcing the results. \"We've made a lot of progress ","content":"<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221789120923173915%22,%22type%22:1%7D\" title=\"Meta Q4 Earnings Conference Call\" target=\"_blank\">Meta Q4 Earnings Conference Call</a>】</p><p>Facebook parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc.&#39;s stock soared 14% after hours Thursday on a surge in quarterly digital-advertising sales, and big beats on revenue and earnings.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f82cc4b10082f013ea3c24daea496fd1\" tg-width=\"832\" tg-height=\"852\"/></p><p>The company&#39;s board of directors also declared their first cash dividend of 50 cents a share, payable March 26.</p><p>Meta (META) reported fiscal fourth-quarter net income of $14.02 billion, or $5.33 a share, compared with net income of $4.65 billion, or $1.76 a share, in the same quarter a year earlier.</p><p>Revenue expanded 25% to $40.11 billion from $32.2 billion in the year-ago quarter.</p><p>Analysts surveyed by FactSet had expected on average net income of $4.82 a share on revenue of $39.1 billion.</p><p>A bounce-back in advertising, the continued monetization of Instagram and Reels, and AI-fueled ad-targeting and measurement contributed to the quarter&#39;s performance. Meta&#39;s exemplary performance comes two days after a similarly strong quarter from Google parent Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> <a href=\"https://laohu8.com/S/GOOG\">$(GOOG)$</a>.</p><p>&#34;We had a good quarter as our community and business continue to grow,&#34; Meta Chief Executive Mark Zuckerberg said in a statement announcing the results. &#34;We&#39;ve made a lot of progress on our vision for advancing AI and the metaverse.&#34;</p><p>Meta executives forecast first-quarter revenue of between $34.5 billion and $37 billion, while analysts on average were expecting $33.9 billion, according to FactSet.</p><p>Facebook had 2.11 billion daily active users, up 6% from a year ago, and monthly active users improved 3% to 3.07 billion.</p><p>The company&#39;s year of efficiency also seems to have paid off: Headcount was slashed 22% to 67,317 in 2023.</p><p>Meta&#39;s stock improved 1.2% to $394.78 in Thursday&#39;s regular session. The stock has catapulted 109% over the past 12 months, while the broader S&amp;P 500 index SPX has increased 17%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta's Stock Soars 14% on Big Revenue and Earnings Gains, Strong Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeta's Stock Soars 14% on Big Revenue and Earnings Gains, Strong Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-02-02 05:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221789120923173915%22,%22type%22:1%7D\" title=\"Meta Q4 Earnings Conference Call\" target=\"_blank\">Meta Q4 Earnings Conference Call</a>】</p><p>Facebook parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc.&#39;s stock soared 14% after hours Thursday on a surge in quarterly digital-advertising sales, and big beats on revenue and earnings.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f82cc4b10082f013ea3c24daea496fd1\" tg-width=\"832\" tg-height=\"852\"/></p><p>The company&#39;s board of directors also declared their first cash dividend of 50 cents a share, payable March 26.</p><p>Meta (META) reported fiscal fourth-quarter net income of $14.02 billion, or $5.33 a share, compared with net income of $4.65 billion, or $1.76 a share, in the same quarter a year earlier.</p><p>Revenue expanded 25% to $40.11 billion from $32.2 billion in the year-ago quarter.</p><p>Analysts surveyed by FactSet had expected on average net income of $4.82 a share on revenue of $39.1 billion.</p><p>A bounce-back in advertising, the continued monetization of Instagram and Reels, and AI-fueled ad-targeting and measurement contributed to the quarter&#39;s performance. Meta&#39;s exemplary performance comes two days after a similarly strong quarter from Google parent Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> <a href=\"https://laohu8.com/S/GOOG\">$(GOOG)$</a>.</p><p>&#34;We had a good quarter as our community and business continue to grow,&#34; Meta Chief Executive Mark Zuckerberg said in a statement announcing the results. &#34;We&#39;ve made a lot of progress on our vision for advancing AI and the metaverse.&#34;</p><p>Meta executives forecast first-quarter revenue of between $34.5 billion and $37 billion, while analysts on average were expecting $33.9 billion, according to FactSet.</p><p>Facebook had 2.11 billion daily active users, up 6% from a year ago, and monthly active users improved 3% to 3.07 billion.</p><p>The company&#39;s year of efficiency also seems to have paid off: Headcount was slashed 22% to 67,317 in 2023.</p><p>Meta&#39;s stock improved 1.2% to $394.78 in Thursday&#39;s regular session. The stock has catapulted 109% over the past 12 months, while the broader S&amp;P 500 index SPX has increased 17%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2408667242","content_text":"【Meta Q4 Earnings Conference Call】Facebook parent Meta Platforms Inc.'s stock soared 14% after hours Thursday on a surge in quarterly digital-advertising sales, and big beats on revenue and earnings.The company's board of directors also declared their first cash dividend of 50 cents a share, payable March 26.Meta (META) reported fiscal fourth-quarter net income of $14.02 billion, or $5.33 a share, compared with net income of $4.65 billion, or $1.76 a share, in the same quarter a year earlier.Revenue expanded 25% to $40.11 billion from $32.2 billion in the year-ago quarter.Analysts surveyed by FactSet had expected on average net income of $4.82 a share on revenue of $39.1 billion.A bounce-back in advertising, the continued monetization of Instagram and Reels, and AI-fueled ad-targeting and measurement contributed to the quarter's performance. Meta's exemplary performance comes two days after a similarly strong quarter from Google parent Alphabet Inc. $(GOOGL)$ $(GOOG)$.\"We had a good quarter as our community and business continue to grow,\" Meta Chief Executive Mark Zuckerberg said in a statement announcing the results. \"We've made a lot of progress on our vision for advancing AI and the metaverse.\"Meta executives forecast first-quarter revenue of between $34.5 billion and $37 billion, while analysts on average were expecting $33.9 billion, according to FactSet.Facebook had 2.11 billion daily active users, up 6% from a year ago, and monthly active users improved 3% to 3.07 billion.The company's year of efficiency also seems to have paid off: Headcount was slashed 22% to 67,317 in 2023.Meta's stock improved 1.2% to $394.78 in Thursday's regular session. The stock has catapulted 109% over the past 12 months, while the broader S&P 500 index SPX has increased 17%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":264079942758528,"gmtCreate":1705492092216,"gmtModify":1705500590857,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"This equity&nbsp;onslaught seems similar to&nbsp;1997 currencies onslaught. Quite coordinated attack. Whatever good economic&nbsp;news from China will be met with further selloff.&nbsp;China will need to be able to defend itself otherwise their growth in 2024 will be&nbsp;zero","listText":"This equity&nbsp;onslaught seems similar to&nbsp;1997 currencies onslaught. Quite coordinated attack. Whatever good economic&nbsp;news from China will be met with further selloff.&nbsp;China will need to be able to defend itself otherwise their growth in 2024 will be&nbsp;zero","text":"This equity onslaught seems similar to 1997 currencies onslaught. Quite coordinated attack. Whatever good economic news from China will be met with further selloff. China will need to be able to defend itself otherwise their growth in 2024 will be zero","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/264079942758528","repostId":"1165089486","repostType":2,"repost":{"id":"1165089486","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1705502401,"share":"https://ttm.financial/m/news/1165089486?lang=&edition=fundamental","pubTime":"2024-01-17 22:40","market":"us","language":"en","title":"Chinese ADRs Tumble As China's Growth Misses Consensus, Home Prices Slump","url":"https://stock-news.laohu8.com/highlight/detail?id=1165089486","media":"Tiger Newspress","summary":"Hot Chinese ADRs slumped in premarket trading Wednesday after a government report on growth in China’s economy trailed market consensus and home prices slipped. Fund managers are trimming their allocations on Chinese companies, with policymakers hobbled by inadequate monetary stimulus. Alibaba fell 3%, NIO fell 4%; Pinduoduo, JD.com and Baidu fell about 5%, XPeng fell 7%.","content":"<html><head></head><body><p>Chinese ADRs slumped in morning trading Wednesday after a government report on growth in China’s economy trailed market consensus and home prices slipped. Fund managers are trimming their allocations on Chinese companies, with policymakers hobbled by inadequate monetary stimulus. Alibaba fell 2.5%; Pinduoduo fell 2.8%; JD.com fell 5%; Baidu fell 3.8%;  NIO fell 5.7%; XPeng fell 7.1%; Li Auto fell 4.8%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6937a951030e4025e9b570fec921fbc0\" tg-width=\"391\" tg-height=\"732\"/></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese ADRs Tumble As China's Growth Misses Consensus, Home Prices Slump</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese ADRs Tumble As China's Growth Misses Consensus, Home Prices Slump\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-01-17 22:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Chinese ADRs slumped in morning trading Wednesday after a government report on growth in China’s economy trailed market consensus and home prices slipped. Fund managers are trimming their allocations on Chinese companies, with policymakers hobbled by inadequate monetary stimulus. Alibaba fell 2.5%; Pinduoduo fell 2.8%; JD.com fell 5%; Baidu fell 3.8%;  NIO fell 5.7%; XPeng fell 7.1%; Li Auto fell 4.8%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6937a951030e4025e9b570fec921fbc0\" tg-width=\"391\" tg-height=\"732\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","BILI":"哔哩哔哩","NIO":"蔚来","PDD":"拼多多","BABA":"阿里巴巴","XPEV":"小鹏汽车","NTES":"网易","YINN":"三倍做多富时中国ETF-Direxion","LI":"理想汽车","BIDU":"百度"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165089486","content_text":"Chinese ADRs slumped in morning trading Wednesday after a government report on growth in China’s economy trailed market consensus and home prices slipped. Fund managers are trimming their allocations on Chinese companies, with policymakers hobbled by inadequate monetary stimulus. Alibaba fell 2.5%; Pinduoduo fell 2.8%; JD.com fell 5%; Baidu fell 3.8%;  NIO fell 5.7%; XPeng fell 7.1%; Li Auto fell 4.8%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":247019399884832,"gmtCreate":1701345377748,"gmtModify":1701350032105,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"If you know the pain, it can be easily rectified. There are quite many&nbsp;others who are exuberating without knowing the pain exists is a real cause for concern","listText":"If you know the pain, it can be easily rectified. There are quite many&nbsp;others who are exuberating without knowing the pain exists is a real cause for concern","text":"If you know the pain, it can be easily rectified. There are quite many others who are exuberating without knowing the pain exists is a real cause for concern","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/247019399884832","repostId":"2387482721","repostType":2,"repost":{"id":"2387482721","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1701313294,"share":"https://ttm.financial/m/news/2387482721?lang=&edition=fundamental","pubTime":"2023-11-30 11:01","market":"us","language":"en","title":"Alibaba Stock Drops. A Rival's Success Might Act as a Call for Action","url":"https://stock-news.laohu8.com/highlight/detail?id=2387482721","media":"Dow Jones","summary":"When things are going badly for you, the last thing you want to hear is a neighbor talking about how well they're doing. That's roughly the situation Alibaba finds itself in with respect to Chinese internet peer PDD Holdings.Alibaba is struggling to reassure investors about its strategy after dramatically abandoning a plan to spin off its cloud unit, apparently hit by U.S. controls on chip exports.Alibaba ADRs were down 2.6% at $74.74 in premarket trading Wednesday, having fallen 13% this year through Tuesday's close.Meanwhile, PDD, the owner of the Pinduoduo and Temu retail platforms, is wowing investors with its strong revenue growth, especially in the U.S. and other international markets.PDD's ADRs were down 0.5% in premarket trading, having risen 18% on Tuesday following its third-quarter earnings. Its American depositary receipts were up 70% this year through Tuesday's close.The feeling of divergence between the two Chinese e-commerce giants was reinforced by a post by Alibaba fou","content":"<html><head></head><body><p>When things are going badly for you, the last thing you want to hear is a neighbor talking about how well they&#39;re doing. That&#39;s roughly the situation Alibaba finds itself in with respect to Chinese internet peer PDD Holdings.</p><p>Alibaba is struggling to reassure investors about its strategy after dramatically abandoning a plan to spin off its cloud unit, apparently hit by U.S. controls on chip exports.</p><p>Alibaba ADRs were down 2.7% on Wednesday.</p><p>Meanwhile, PDD, the owner of the Pinduoduo and Temu retail platforms, is wowing investors with its strong revenue growth, especially in the U.S. and other international markets.</p><p>PDD&#39;s ADRs were up 1.96% on Wednesday following its third-quarter earnings.</p><p>The feeling of divergence between the two Chinese e-commerce giants was reinforced by a post by Alibaba founder Jack Ma on Wednesday in an internal staff forum, praising PDD&#39;s decision-making and execution but saying he was confident that Alibaba would change, in a comment seen by Barron&#39;s and translated using online tools.</p><p>Exactly what Ma&#39;s post means for Alibaba isn&#39;t clear. Ma is no longer involved in day-to-day running of Alibaba, having stepped down as chairman in 2019 and subsequently spent a period of months unreachable after Beijing regulators quashed plans for his fintech Ant Group to go public.</p><p>Alibaba stockholders will hope that it comes as a sign of determination to turn things round. Ma&#39;s post mentioned the promise of e-commerce powered by artificial intelligence, where Alibaba is aiming to stake out a leading position in the Chinese market.</p><p>However, it&#39;s not clear how well Alibaba can pursue its AI ambitions if it is prevented from buying the most advanced chips by U.S. restrictions. At the moment Alibaba seems to be mired in a price war with PDD&#39;s brands domestically, while struggling to match its explosive international growth -- that&#39;s a distinctly old fashioned type of retail competition and one it needs to get on top of quickly.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock Drops. A Rival's Success Might Act as a Call for Action</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock Drops. A Rival's Success Might Act as a Call for Action\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-11-30 11:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>When things are going badly for you, the last thing you want to hear is a neighbor talking about how well they&#39;re doing. That&#39;s roughly the situation Alibaba finds itself in with respect to Chinese internet peer PDD Holdings.</p><p>Alibaba is struggling to reassure investors about its strategy after dramatically abandoning a plan to spin off its cloud unit, apparently hit by U.S. controls on chip exports.</p><p>Alibaba ADRs were down 2.7% on Wednesday.</p><p>Meanwhile, PDD, the owner of the Pinduoduo and Temu retail platforms, is wowing investors with its strong revenue growth, especially in the U.S. and other international markets.</p><p>PDD&#39;s ADRs were up 1.96% on Wednesday following its third-quarter earnings.</p><p>The feeling of divergence between the two Chinese e-commerce giants was reinforced by a post by Alibaba founder Jack Ma on Wednesday in an internal staff forum, praising PDD&#39;s decision-making and execution but saying he was confident that Alibaba would change, in a comment seen by Barron&#39;s and translated using online tools.</p><p>Exactly what Ma&#39;s post means for Alibaba isn&#39;t clear. Ma is no longer involved in day-to-day running of Alibaba, having stepped down as chairman in 2019 and subsequently spent a period of months unreachable after Beijing regulators quashed plans for his fintech Ant Group to go public.</p><p>Alibaba stockholders will hope that it comes as a sign of determination to turn things round. Ma&#39;s post mentioned the promise of e-commerce powered by artificial intelligence, where Alibaba is aiming to stake out a leading position in the Chinese market.</p><p>However, it&#39;s not clear how well Alibaba can pursue its AI ambitions if it is prevented from buying the most advanced chips by U.S. restrictions. At the moment Alibaba seems to be mired in a price war with PDD&#39;s brands domestically, while struggling to match its explosive international growth -- that&#39;s a distinctly old fashioned type of retail competition and one it needs to get on top of quickly.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"89988":"阿里巴巴-WR","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","LU0163747925.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY A ACC","BK4581":"高盛持仓","LU0128522157.USD":"TEMPLETON ASIAN GROWTH \"A\" ACC","LU0348783233.USD":"安联东方收入型 CI A Dis美元","BK4504":"桥水持仓","LU0348784397.USD":"ALLIANZ ORIENTAL INCOME \"A\" (USD) ACC","LU2242644610.SGD":"Fidelity China Innovation A-ACC-SGD","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","PDD":"拼多多","LU0821914370.USD":"贝莱德亚洲成长领袖A2","IE00B5MMRT66.SGD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (SGDHDG) ACC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","IE00B543WZ88.USD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (USD) ACC","09988":"阿里巴巴-W","LU0029875118.USD":"TEMPLETON ASIAN GROWTH \"A\" INC","LU0029874905.USD":"TEMPLETON EMERGING MARKETS \"A\" INC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0052750758.USD":"富兰克林中国基金A Acc","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0128522744.USD":"TEMPLETON EMERGING MARKETS \"A\" ACC","LU0359201612.USD":"贝莱德中国基金A2","LU0229945570.USD":"TEMPLETON BRIC \"A\" (USD) ACC","LU0072462343.USD":"贝莱德亚洲巨龙基金","BK4575":"芯片概念","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","BK4509":"腾讯概念","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0228367735.SGD":"Eastspring Investments - Asian Equity Fund AS SGD","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","LU0048580855.USD":"富达大中华区A","BABA":"阿里巴巴","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4501":"段永平概念","BK4505":"高瓴资本持仓","BK4579":"人工智能","LU0293314216.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"A\" (USD) ACC","LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD","IE0032431581.USD":"PINEBRIDGE GREATER CHINA EQUITY \"A\" (USD) ACC","BK4503":"景林资产持仓","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","BK4502":"阿里概念","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU0048597586.USD":"富达亚洲焦点A","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2387482721","content_text":"When things are going badly for you, the last thing you want to hear is a neighbor talking about how well they're doing. That's roughly the situation Alibaba finds itself in with respect to Chinese internet peer PDD Holdings.Alibaba is struggling to reassure investors about its strategy after dramatically abandoning a plan to spin off its cloud unit, apparently hit by U.S. controls on chip exports.Alibaba ADRs were down 2.7% on Wednesday.Meanwhile, PDD, the owner of the Pinduoduo and Temu retail platforms, is wowing investors with its strong revenue growth, especially in the U.S. and other international markets.PDD's ADRs were up 1.96% on Wednesday following its third-quarter earnings.The feeling of divergence between the two Chinese e-commerce giants was reinforced by a post by Alibaba founder Jack Ma on Wednesday in an internal staff forum, praising PDD's decision-making and execution but saying he was confident that Alibaba would change, in a comment seen by Barron's and translated using online tools.Exactly what Ma's post means for Alibaba isn't clear. Ma is no longer involved in day-to-day running of Alibaba, having stepped down as chairman in 2019 and subsequently spent a period of months unreachable after Beijing regulators quashed plans for his fintech Ant Group to go public.Alibaba stockholders will hope that it comes as a sign of determination to turn things round. Ma's post mentioned the promise of e-commerce powered by artificial intelligence, where Alibaba is aiming to stake out a leading position in the Chinese market.However, it's not clear how well Alibaba can pursue its AI ambitions if it is prevented from buying the most advanced chips by U.S. restrictions. At the moment Alibaba seems to be mired in a price war with PDD's brands domestically, while struggling to match its explosive international growth -- that's a distinctly old fashioned type of retail competition and one it needs to get on top of quickly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":370989117190392,"gmtCreate":1731591586916,"gmtModify":1731591591752,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"Are you sure JD missed market estimates and are you sure their results are due to China's market economic woes?&nbsp;","listText":"Are you sure JD missed market estimates and are you sure their results are due to China's market economic woes?&nbsp;","text":"Are you sure JD missed market estimates and are you sure their results are due to China's market economic woes?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/370989117190392","repostId":"1114264961","repostType":2,"repost":{"id":"1114264961","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1731575181,"share":"https://ttm.financial/m/news/1114264961?lang=&edition=fundamental","pubTime":"2024-11-14 17:06","market":"us","language":"en","title":"China's JD.com Misses Quarterly Revenue Estimates Amid Weak Consumer Spending","url":"https://stock-news.laohu8.com/highlight/detail?id=1114264961","media":"Reuters","summary":"JD.com: 24Q3 Revenue Hits 260.39 Billion Yuan, up from 247.7 Billion Yuan Last Year.JD.com shares dropped 2.8% in premarket trading.","content":"<html><head></head><body><p>Nov 14 (Reuters) - Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as persistent economic woes pressured consumers to cut back on spending.</p><p>JD.com shares dropped 2.8% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/448085bf2701e8561ad053121f513ace\" title=\"\" tg-width=\"539\" tg-height=\"154\"/></p><p>A prolonged property sector crisis, a macroeconomic slowdown and heightened job insecurity have hammered consumer confidence in the world&#39;s second-largest economy, hurting retail sales.</p><p>While the Chinese government has outlined stimulus measures to prop up economic growth, the lack of solid steps to boost consumption has also weighed on sentiment.</p><p>JD.com said total revenue rose 5.1% to 260.4 billion yuan ($35.95 billion) in the third quarter, compared with estimates of 261.45 billion yuan, according to LSEG data.</p><p>Net income attributable to JD.com&#39;s ordinary shareholders stood at 11.7 billion yuan in the July-September period, an increase of 47.8% from a year earlier.</p><p>($1 = 7.2428 Chinese yuan renminbi)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's JD.com Misses Quarterly Revenue Estimates Amid Weak Consumer Spending</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's JD.com Misses Quarterly Revenue Estimates Amid Weak Consumer Spending\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-11-14 17:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nov 14 (Reuters) - Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as persistent economic woes pressured consumers to cut back on spending.</p><p>JD.com shares dropped 2.8% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/448085bf2701e8561ad053121f513ace\" title=\"\" tg-width=\"539\" tg-height=\"154\"/></p><p>A prolonged property sector crisis, a macroeconomic slowdown and heightened job insecurity have hammered consumer confidence in the world&#39;s second-largest economy, hurting retail sales.</p><p>While the Chinese government has outlined stimulus measures to prop up economic growth, the lack of solid steps to boost consumption has also weighed on sentiment.</p><p>JD.com said total revenue rose 5.1% to 260.4 billion yuan ($35.95 billion) in the third quarter, compared with estimates of 261.45 billion yuan, according to LSEG data.</p><p>Net income attributable to JD.com&#39;s ordinary shareholders stood at 11.7 billion yuan in the July-September period, an increase of 47.8% from a year earlier.</p><p>($1 = 7.2428 Chinese yuan renminbi)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09618":"京东集团-SW","JD":"京东"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114264961","content_text":"Nov 14 (Reuters) - Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as persistent economic woes pressured consumers to cut back on spending.JD.com shares dropped 2.8% in premarket trading.A prolonged property sector crisis, a macroeconomic slowdown and heightened job insecurity have hammered consumer confidence in the world's second-largest economy, hurting retail sales.While the Chinese government has outlined stimulus measures to prop up economic growth, the lack of solid steps to boost consumption has also weighed on sentiment.JD.com said total revenue rose 5.1% to 260.4 billion yuan ($35.95 billion) in the third quarter, compared with estimates of 261.45 billion yuan, according to LSEG data.Net income attributable to JD.com's ordinary shareholders stood at 11.7 billion yuan in the July-September period, an increase of 47.8% from a year earlier.($1 = 7.2428 Chinese yuan renminbi)","news_type":1},"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4088733501316390","authorId":"4088733501316390","name":"股利股怪","avatar":"https://community-static.tradeup.com/news/bfb825883fe1c3068daead3db24ed75c","crmLevel":7,"crmLevelSwitch":0,"idStr":"4088733501316390","authorIdStr":"4088733501316390"},"content":"Well they achieved their objective. Red red even beat","text":"Well they achieved their objective. Red red even beat","html":"Well they achieved their objective. Red red even beat"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":271491817410720,"gmtCreate":1707319974463,"gmtModify":1707319980120,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"Is Alibaba share price USD250 or 300? Is it not making money? &nbsp;Didn't it not give dividend last quarter?&nbsp; If not, why keeping painting glummy picture as though the company is going bust tomorrow?&nbsp;","listText":"Is Alibaba share price USD250 or 300? Is it not making money? &nbsp;Didn't it not give dividend last quarter?&nbsp; If not, why keeping painting glummy picture as though the company is going bust tomorrow?&nbsp;","text":"Is Alibaba share price USD250 or 300? Is it not making money? Didn't it not give dividend last quarter? If not, why keeping painting glummy picture as though the company is going bust tomorrow?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/271491817410720","repostId":"1167572253","repostType":2,"repost":{"id":"1167572253","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1707305721,"share":"https://ttm.financial/m/news/1167572253?lang=&edition=fundamental","pubTime":"2024-02-07 19:35","market":"us","language":"en","title":"Alibaba Misses Revenue Estimates; Boosts Buyback by $25 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1167572253","media":"Reuters","summary":"Alibaba : Q3 Non-GAAP EPS of $2.67 beats by $0.03. Revenue of $36.67B  beats by $270M.Alibaba shares jumped over 4% on the news.“Alibaba Group delivered a healthy quarter with revenue growth of 5% year-over-year. We increased our investment in strategic priorities and improved shareholder return by leveraging our strong balance sheet and cash flow. Our board of directors approved an increase of US$25 billion to our share repurchase program, demonstrating our confidence in the outlook of our busi","content":"<html><head></head><body><p>China&#39;s Alibaba Group Holding on Wednesday missed analysts&#39; estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in the world&#39;s second-largest economy.</p><p>Alibaba green-lit another $25 billion in stock repurchases, appealing to investors worried about plateauing growth at a Chinese e-commerce pioneer struggling to fend off new rivals such as PDD Holdings Inc.</p><p>The internet company’s board approved the expansion of an existing buyback program that was already among the country’s largest, encompassing about $9.5 billion last year alone. Its shares gained briefly by more than 5% before giving up those gains in pre-market trading in New York.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/64380f7b430431d6ed760d8b7855d47a\" title=\"\" tg-width=\"854\" tg-height=\"830\"/></p><p>Net income attributable to ordinary shareholders was 14.4 million yuan ($2 million) and net income was 10.7 million yuan ($1.51 million), a decrease of 77%.</p><p>Alibaba announced the split of its business into six units last March in a transition overseen by CEO Eddie Wu and Chairman Joe Tsai, both Alibaba co-founders.</p><p>The company said in December that Wu, group CEO since September, would directly oversee its domestic e-commerce arm, increasing his focus on the core divisions of the company as it combats slower earnings growth and rising competition.</p><p>&#34;Our top priority is to reignite the growth of our core businesses, e-commerce and cloud computing,&#34; Wu said on Wednesday.</p><p>Alibaba is under pressure as consumers in China, the world&#39;s second-largest economy, have been cutting costs in response to a stuttering post-COVID recovery, boosting low-cost domestic e-commerce players such as PDD Holdings.</p><p>PDD, which owns Pinduoduo and overseas-focused platform Temu, soared past Alibaba on Dec. 1 to become the most valuable Chinese e-commerce company after Morgan Stanley downgraded Alibaba on concerns over slower turnaround in its cloud business and customer management revenue.</p><p>Alibaba scrapped plans to spin off its cloud business last year, citing uncertainties over U.S. curbs on exports to China of chips used in artificial intelligence applications, in a big blow to its market value at the time.</p><p>Last week, sources told Reuters that Alibaba was looking to sell a number of consumer sector assets, including its grocery business Freshippo, which has been locked in a price war with Walmart&#39;s membership chain Sam&#39;s Club, leading both sides to cut prices on popular items.</p><p>A Freshippo spokesperson had denied the reports of a potential sale.</p><p>Alibaba&#39;s International Digital Commerce segment, which operates various retail and wholesale marketplaces including AliExpress and Alibaba.com., performed strongly, with AliExpress orders rising 60% on the year.</p><p>($1 = 7.1941 Chinese yuan renminbi)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Misses Revenue Estimates; Boosts Buyback by $25 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Misses Revenue Estimates; Boosts Buyback by $25 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-02-07 19:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>China&#39;s Alibaba Group Holding on Wednesday missed analysts&#39; estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in the world&#39;s second-largest economy.</p><p>Alibaba green-lit another $25 billion in stock repurchases, appealing to investors worried about plateauing growth at a Chinese e-commerce pioneer struggling to fend off new rivals such as PDD Holdings Inc.</p><p>The internet company’s board approved the expansion of an existing buyback program that was already among the country’s largest, encompassing about $9.5 billion last year alone. Its shares gained briefly by more than 5% before giving up those gains in pre-market trading in New York.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/64380f7b430431d6ed760d8b7855d47a\" title=\"\" tg-width=\"854\" tg-height=\"830\"/></p><p>Net income attributable to ordinary shareholders was 14.4 million yuan ($2 million) and net income was 10.7 million yuan ($1.51 million), a decrease of 77%.</p><p>Alibaba announced the split of its business into six units last March in a transition overseen by CEO Eddie Wu and Chairman Joe Tsai, both Alibaba co-founders.</p><p>The company said in December that Wu, group CEO since September, would directly oversee its domestic e-commerce arm, increasing his focus on the core divisions of the company as it combats slower earnings growth and rising competition.</p><p>&#34;Our top priority is to reignite the growth of our core businesses, e-commerce and cloud computing,&#34; Wu said on Wednesday.</p><p>Alibaba is under pressure as consumers in China, the world&#39;s second-largest economy, have been cutting costs in response to a stuttering post-COVID recovery, boosting low-cost domestic e-commerce players such as PDD Holdings.</p><p>PDD, which owns Pinduoduo and overseas-focused platform Temu, soared past Alibaba on Dec. 1 to become the most valuable Chinese e-commerce company after Morgan Stanley downgraded Alibaba on concerns over slower turnaround in its cloud business and customer management revenue.</p><p>Alibaba scrapped plans to spin off its cloud business last year, citing uncertainties over U.S. curbs on exports to China of chips used in artificial intelligence applications, in a big blow to its market value at the time.</p><p>Last week, sources told Reuters that Alibaba was looking to sell a number of consumer sector assets, including its grocery business Freshippo, which has been locked in a price war with Walmart&#39;s membership chain Sam&#39;s Club, leading both sides to cut prices on popular items.</p><p>A Freshippo spokesperson had denied the reports of a potential sale.</p><p>Alibaba&#39;s International Digital Commerce segment, which operates various retail and wholesale marketplaces including AliExpress and Alibaba.com., performed strongly, with AliExpress orders rising 60% on the year.</p><p>($1 = 7.1941 Chinese yuan renminbi)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167572253","content_text":"China's Alibaba Group Holding on Wednesday missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in the world's second-largest economy.Alibaba green-lit another $25 billion in stock repurchases, appealing to investors worried about plateauing growth at a Chinese e-commerce pioneer struggling to fend off new rivals such as PDD Holdings Inc.The internet company’s board approved the expansion of an existing buyback program that was already among the country’s largest, encompassing about $9.5 billion last year alone. Its shares gained briefly by more than 5% before giving up those gains in pre-market trading in New York.Net income attributable to ordinary shareholders was 14.4 million yuan ($2 million) and net income was 10.7 million yuan ($1.51 million), a decrease of 77%.Alibaba announced the split of its business into six units last March in a transition overseen by CEO Eddie Wu and Chairman Joe Tsai, both Alibaba co-founders.The company said in December that Wu, group CEO since September, would directly oversee its domestic e-commerce arm, increasing his focus on the core divisions of the company as it combats slower earnings growth and rising competition.\"Our top priority is to reignite the growth of our core businesses, e-commerce and cloud computing,\" Wu said on Wednesday.Alibaba is under pressure as consumers in China, the world's second-largest economy, have been cutting costs in response to a stuttering post-COVID recovery, boosting low-cost domestic e-commerce players such as PDD Holdings.PDD, which owns Pinduoduo and overseas-focused platform Temu, soared past Alibaba on Dec. 1 to become the most valuable Chinese e-commerce company after Morgan Stanley downgraded Alibaba on concerns over slower turnaround in its cloud business and customer management revenue.Alibaba scrapped plans to spin off its cloud business last year, citing uncertainties over U.S. curbs on exports to China of chips used in artificial intelligence applications, in a big blow to its market value at the time.Last week, sources told Reuters that Alibaba was looking to sell a number of consumer sector assets, including its grocery business Freshippo, which has been locked in a price war with Walmart's membership chain Sam's Club, leading both sides to cut prices on popular items.A Freshippo spokesperson had denied the reports of a potential sale.Alibaba's International Digital Commerce segment, which operates various retail and wholesale marketplaces including AliExpress and Alibaba.com., performed strongly, with AliExpress orders rising 60% on the year.($1 = 7.1941 Chinese yuan renminbi)","news_type":1},"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":264079942758528,"gmtCreate":1705492092216,"gmtModify":1705500590857,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"This equity&nbsp;onslaught seems similar to&nbsp;1997 currencies onslaught. Quite coordinated attack. Whatever good economic&nbsp;news from China will be met with further selloff.&nbsp;China will need to be able to defend itself otherwise their growth in 2024 will be&nbsp;zero","listText":"This equity&nbsp;onslaught seems similar to&nbsp;1997 currencies onslaught. Quite coordinated attack. Whatever good economic&nbsp;news from China will be met with further selloff.&nbsp;China will need to be able to defend itself otherwise their growth in 2024 will be&nbsp;zero","text":"This equity onslaught seems similar to 1997 currencies onslaught. Quite coordinated attack. Whatever good economic news from China will be met with further selloff. China will need to be able to defend itself otherwise their growth in 2024 will be zero","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/264079942758528","repostId":"1165089486","repostType":2,"repost":{"id":"1165089486","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1705502401,"share":"https://ttm.financial/m/news/1165089486?lang=&edition=fundamental","pubTime":"2024-01-17 22:40","market":"us","language":"en","title":"Chinese ADRs Tumble As China's Growth Misses Consensus, Home Prices Slump","url":"https://stock-news.laohu8.com/highlight/detail?id=1165089486","media":"Tiger Newspress","summary":"Hot Chinese ADRs slumped in premarket trading Wednesday after a government report on growth in China’s economy trailed market consensus and home prices slipped. Fund managers are trimming their allocations on Chinese companies, with policymakers hobbled by inadequate monetary stimulus. Alibaba fell 3%, NIO fell 4%; Pinduoduo, JD.com and Baidu fell about 5%, XPeng fell 7%.","content":"<html><head></head><body><p>Chinese ADRs slumped in morning trading Wednesday after a government report on growth in China’s economy trailed market consensus and home prices slipped. Fund managers are trimming their allocations on Chinese companies, with policymakers hobbled by inadequate monetary stimulus. Alibaba fell 2.5%; Pinduoduo fell 2.8%; JD.com fell 5%; Baidu fell 3.8%;  NIO fell 5.7%; XPeng fell 7.1%; Li Auto fell 4.8%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6937a951030e4025e9b570fec921fbc0\" tg-width=\"391\" tg-height=\"732\"/></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese ADRs Tumble As China's Growth Misses Consensus, Home Prices Slump</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese ADRs Tumble As China's Growth Misses Consensus, Home Prices Slump\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-01-17 22:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Chinese ADRs slumped in morning trading Wednesday after a government report on growth in China’s economy trailed market consensus and home prices slipped. Fund managers are trimming their allocations on Chinese companies, with policymakers hobbled by inadequate monetary stimulus. Alibaba fell 2.5%; Pinduoduo fell 2.8%; JD.com fell 5%; Baidu fell 3.8%;  NIO fell 5.7%; XPeng fell 7.1%; Li Auto fell 4.8%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6937a951030e4025e9b570fec921fbc0\" tg-width=\"391\" tg-height=\"732\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","BILI":"哔哩哔哩","NIO":"蔚来","PDD":"拼多多","BABA":"阿里巴巴","XPEV":"小鹏汽车","NTES":"网易","YINN":"三倍做多富时中国ETF-Direxion","LI":"理想汽车","BIDU":"百度"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165089486","content_text":"Chinese ADRs slumped in morning trading Wednesday after a government report on growth in China’s economy trailed market consensus and home prices slipped. Fund managers are trimming their allocations on Chinese companies, with policymakers hobbled by inadequate monetary stimulus. Alibaba fell 2.5%; Pinduoduo fell 2.8%; JD.com fell 5%; Baidu fell 3.8%;  NIO fell 5.7%; XPeng fell 7.1%; Li Auto fell 4.8%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":271114402193704,"gmtCreate":1707227991036,"gmtModify":1707227995087,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"Short sellers getting burnt😅","listText":"Short sellers getting burnt😅","text":"Short sellers getting burnt😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/271114402193704","repostId":"2409475680","repostType":2,"repost":{"id":"2409475680","pubTimestamp":1707219467,"share":"https://ttm.financial/m/news/2409475680?lang=&edition=fundamental","pubTime":"2024-02-06 19:37","market":"us","language":"en","title":"Alibaba and Other China Stocks Surge. Beware of a Dead Cat Bounce","url":"https://stock-news.laohu8.com/highlight/detail?id=2409475680","media":"marketwatch","summary":"Alibaba and other Chinese stocks have had a brutal start to 2024 amid lingering concerns over China’s economy.              Dreamstime                Alibaba        and other Chinese names surged on T","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4fcb7fb058a561943cf2eef08fffd811\" tg-width=\"639\" tg-height=\"426\"/></p><p>Alibaba and other Chinese names surged on Tuesday, bouncing back after a brutal selloff in recent days as investors seized on more signs that the government will support the stock market. Beware: this could be a dead cat bounce.</p><p>Alibaba stock rose 4.4% in U.S. premarket trading on Tuesday, with shares in e-commerce peers JD.com 5.7% higher and Temu owner PDD up 4.4%. Electric-vehicle maker NIO’s stock jumped 5.4%.</p><p>Hong Kong’s Hang Seng Index rallied 4% with the Shanghai Composite advancing 3.2%. Both benchmarks tore higher on Tuesday after a number of days of volatile and mostly brutal trading, with the Shanghai Composite closing Monday at its lowest level since 2020 after a six-day losing streak. </p><p>Even after Tuesday’s gains, Hong Kong stocks are down 5% this year with Shanghai equities 6% in the red, badly trailing the Dow Jones Industrial Average and S&amp;P 500 in the U.S., which have risen 2% and 4%, respectively, over the same period.</p><p>The force behind declines in Chinese stocks is a familiar one: deep concerns about stagnation in the world’s second-largest economy and a lack of confidence among investors that Beijing will meet these issues with sufficient support. China’s economy has faced a stark economic slowdown over the past year, a disappointment after bets on a rebound in 2023 after Covid-19 restrictions were lifted.</p><p>In the face of the latest market meltdown, recent days ushered in a flurry of news about efforts in China to deliver stimulus that will prop up the stock market, with a new development Tuesday that a sovereign fund will join attempts to stop the rout.</p><p>“Chinese indices surged on a concerted effort made to halt the slide,” said Joshua Mahony, an analyst at broker Scope Markets. “Traders have started to dip their toe back in despite ongoing concerns.”</p><p>Indeed, the latest measures are helping stocks stage a rally—but investors should take heed, because this isn’t the first time Chinese equities have whipsawed on hopes of significant stimulus, which have so far mostly disappointed.</p><p>China faces structural economic problems, including stresses rippling outward from its sprawling and indebted property sector, and a base of domestic investors that looks increasingly unwilling to sink more money into markets.</p><p>It’s only possible in hindsight to tell the difference between a turning point from the market bottom and a so-called dead cat bounce—a short-lived rally that impresses but fails to materialize into much more.</p></body></html>","source":"mwatch_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba and Other China Stocks Surge. Beware of a Dead Cat Bounce</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba and Other China Stocks Surge. Beware of a Dead Cat Bounce\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-06 19:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/alibaba-china-stocks-dead-cat-bounce-1d540a86?mod=newsviewer_click><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba and other Chinese names surged on Tuesday, bouncing back after a brutal selloff in recent days as investors seized on more signs that the government will support the stock market. Beware: this...</p>\n\n<a href=\"https://www.marketwatch.com/articles/alibaba-china-stocks-dead-cat-bounce-1d540a86?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4581":"高盛持仓","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","BK4504":"桥水持仓","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","BK4548":"巴美列捷福持仓","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","PDD":"拼多多","JD":"京东","LU0821914370.USD":"贝莱德亚洲成长领袖A2","BK4565":"NFT概念","LU1688375341.USD":"贝莱德中国灵活股票基金","09988":"阿里巴巴-W","BK4554":"元宇宙及AR概念","BK4531":"中概回港概念","LU0918141887.USD":"安联亚洲实际收益股票基金","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","BK4575":"芯片概念","BK4558":"双十一","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","BK4587":"ChatGPT概念","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4524":"宅经济概念","BK4220":"综合零售","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","BK4535":"淡马锡持仓","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","BABA":"阿里巴巴","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","BK4538":"云计算","BK4527":"明星科技股","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","BK4526":"热门中概股","BK4579":"人工智能","BK4588":"碎股","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4502":"阿里概念","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","BK4505":"高瓴资本持仓","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC"},"source_url":"https://www.marketwatch.com/articles/alibaba-china-stocks-dead-cat-bounce-1d540a86?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2409475680","content_text":"Alibaba and other Chinese names surged on Tuesday, bouncing back after a brutal selloff in recent days as investors seized on more signs that the government will support the stock market. Beware: this could be a dead cat bounce.Alibaba stock rose 4.4% in U.S. premarket trading on Tuesday, with shares in e-commerce peers JD.com 5.7% higher and Temu owner PDD up 4.4%. Electric-vehicle maker NIO’s stock jumped 5.4%.Hong Kong’s Hang Seng Index rallied 4% with the Shanghai Composite advancing 3.2%. Both benchmarks tore higher on Tuesday after a number of days of volatile and mostly brutal trading, with the Shanghai Composite closing Monday at its lowest level since 2020 after a six-day losing streak. Even after Tuesday’s gains, Hong Kong stocks are down 5% this year with Shanghai equities 6% in the red, badly trailing the Dow Jones Industrial Average and S&P 500 in the U.S., which have risen 2% and 4%, respectively, over the same period.The force behind declines in Chinese stocks is a familiar one: deep concerns about stagnation in the world’s second-largest economy and a lack of confidence among investors that Beijing will meet these issues with sufficient support. China’s economy has faced a stark economic slowdown over the past year, a disappointment after bets on a rebound in 2023 after Covid-19 restrictions were lifted.In the face of the latest market meltdown, recent days ushered in a flurry of news about efforts in China to deliver stimulus that will prop up the stock market, with a new development Tuesday that a sovereign fund will join attempts to stop the rout.“Chinese indices surged on a concerted effort made to halt the slide,” said Joshua Mahony, an analyst at broker Scope Markets. “Traders have started to dip their toe back in despite ongoing concerns.”Indeed, the latest measures are helping stocks stage a rally—but investors should take heed, because this isn’t the first time Chinese equities have whipsawed on hopes of significant stimulus, which have so far mostly disappointed.China faces structural economic problems, including stresses rippling outward from its sprawling and indebted property sector, and a base of domestic investors that looks increasingly unwilling to sink more money into markets.It’s only possible in hindsight to tell the difference between a turning point from the market bottom and a so-called dead cat bounce—a short-lived rally that impresses but fails to materialize into much more.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370408183619696,"gmtCreate":1731459914731,"gmtModify":1731461791090,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"In this money game, who controls the money will determine the price. All narratives are bullshit.. Lol","listText":"In this money game, who controls the money will determine the price. All narratives are bullshit.. Lol","text":"In this money game, who controls the money will determine the price. All narratives are bullshit.. Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370408183619696","repostId":"2482934700","repostType":2,"repost":{"id":"2482934700","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1731421000,"share":"https://ttm.financial/m/news/2482934700?lang=&edition=fundamental","pubTime":"2024-11-12 22:16","market":"fut","language":"en","title":"Alibaba Stock Is Slumping. Why Singles Day Couldn't Save Chinese Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2482934700","media":"Dow Jones","summary":"The prospects of painful U.S. tariffs were weighing on Chinese stocks Tuesday, overshadowing the end of Singles Day -- China's version of Black Friday.Hong Kong's Hang Seng Index closed 2.8% lower Tuesday while Chinese markets fell 1.4%, in a move Mizuho analysts attributed to U.S.-China tension heating up.Trump has chosen Republican Michael Waltz of Florida, a former Green Beret who has taken a tough line on China, to oversee foreign and national security policy in his upcoming administration, The Wall Street Journal reported. The President-elect is also reported to have nominated China Hawk, Florida senator, Marco Rubio to be secretary of state.Hong Kong-listed Alibaba said it saw a record number of active buyers this year. The retailer said that 589 brands including Apple, Nike and Haier surpassed 100 million yuan in gross merchandise volume, a measure of a platform's sales volume. It did not, however, reveal the total amount of sales over the period.Alibaba and JD.com stocks fell 3","content":"<html><head></head><body><p>The prospects of painful U.S. tariffs were weighing on Chinese stocks Tuesday, overshadowing the end of Singles Day -- China&#39;s version of Black Friday.</p><p>Hong Kong&#39;s Hang Seng Index closed 2.8% lower Tuesday while Chinese markets fell 1.4%, in a move Mizuho analysts attributed to U.S.-China tension heating up.</p><p>Alibaba and JD.com stocks&#39; American depositary receipts, or ADRs, were also down by 3% and 5%, respectively, in the premarket.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9428f6a3cae10af920da57cf83f52960\" tg-width=\"772\" tg-height=\"413\"/></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a94fb763bc4bb7f3e645c9375f044cd5\" title=\"\" tg-width=\"781\" tg-height=\"445\"/></p><p>Trump has chosen Republican Michael Waltz of Florida, a former Green Beret who has taken a tough line on China, to oversee foreign and national security policy in his upcoming administration, The Wall Street Journal reported. The President-elect is also reported to have nominated China Hawk, Florida senator, Marco Rubio to be secretary of state.</p><p>Tech stocks led China losses Tuesday, and adding to the gloom around China&#39;s sluggish economy were reports from some of China&#39;s largest e-commerce platforms which disclosed selected metrics from China&#39;s key shopping event Singles Day. The numbers seemingly failed to quiet concerns that China&#39;s efforts to revive its lagging economy aren&#39;t enough.</p><p>The unofficial Chinese holiday, also called &#34;Double 11,&#34; takes place on Nov. 11 every year and is often considered a barometer for China consumer sentiment.</p><p>Hong Kong-listed Alibaba said it saw a record number of active buyers this year. The retailer said that 589 brands including Apple, Nike and Haier surpassed 100 million yuan in gross merchandise volume, a measure of a platform&#39;s sales volume. It did not, however, reveal the total amount of sales over the period.</p><p>Peer JD.com said shoppers increased 20% from last year but also didn&#39;t disclose the total value of its sales during the shopping festival.</p><p>Chinese authorities have introduced a raft of stimulus and economic measures to try to kick-start its lagging economy but cautious consumers have yet to show signs of increased spending.</p><p>The next test for Chinese companies, especially those relying on consumer spending, will be quarterly earnings later this week. JD.com is set to report results on Thursday, followed by Alibaba on Friday.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock Is Slumping. Why Singles Day Couldn't Save Chinese Tech</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock Is Slumping. Why Singles Day Couldn't Save Chinese Tech\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-12 22:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The prospects of painful U.S. tariffs were weighing on Chinese stocks Tuesday, overshadowing the end of Singles Day -- China&#39;s version of Black Friday.</p><p>Hong Kong&#39;s Hang Seng Index closed 2.8% lower Tuesday while Chinese markets fell 1.4%, in a move Mizuho analysts attributed to U.S.-China tension heating up.</p><p>Alibaba and JD.com stocks&#39; American depositary receipts, or ADRs, were also down by 3% and 5%, respectively, in the premarket.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9428f6a3cae10af920da57cf83f52960\" tg-width=\"772\" tg-height=\"413\"/></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a94fb763bc4bb7f3e645c9375f044cd5\" title=\"\" tg-width=\"781\" tg-height=\"445\"/></p><p>Trump has chosen Republican Michael Waltz of Florida, a former Green Beret who has taken a tough line on China, to oversee foreign and national security policy in his upcoming administration, The Wall Street Journal reported. The President-elect is also reported to have nominated China Hawk, Florida senator, Marco Rubio to be secretary of state.</p><p>Tech stocks led China losses Tuesday, and adding to the gloom around China&#39;s sluggish economy were reports from some of China&#39;s largest e-commerce platforms which disclosed selected metrics from China&#39;s key shopping event Singles Day. The numbers seemingly failed to quiet concerns that China&#39;s efforts to revive its lagging economy aren&#39;t enough.</p><p>The unofficial Chinese holiday, also called &#34;Double 11,&#34; takes place on Nov. 11 every year and is often considered a barometer for China consumer sentiment.</p><p>Hong Kong-listed Alibaba said it saw a record number of active buyers this year. The retailer said that 589 brands including Apple, Nike and Haier surpassed 100 million yuan in gross merchandise volume, a measure of a platform&#39;s sales volume. It did not, however, reveal the total amount of sales over the period.</p><p>Peer JD.com said shoppers increased 20% from last year but also didn&#39;t disclose the total value of its sales during the shopping festival.</p><p>Chinese authorities have introduced a raft of stimulus and economic measures to try to kick-start its lagging economy but cautious consumers have yet to show signs of increased spending.</p><p>The next test for Chinese companies, especially those relying on consumer spending, will be quarterly earnings later this week. JD.com is set to report results on Thursday, followed by Alibaba on Friday.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","IE00BZ08YT58.USD":"GUINNESS BEST OF CHINA \"C\" (USD) ACC","BK4526":"热门中概股","LU0084288322.USD":"Natixis Asia Equity RD USD","LU0633140560.USD":"AB EMERGING MARKET MULTI ASSET PORTFOLIO \"A\" (USD) ACC","LU0143863198.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"AU\" (USD) ACC","IE0003895053.USD":"PINEBRIDGE ASIA DYNAMIC ASSET ALLOCATION \"AD\" USD  ACC","LU0594300419.USD":"富达中国消费基金A","BK4122":"互联网与直销零售","LU1008478684.HKD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (HKD) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","BK1521":"挪威政府全球养老基金持仓","LU0633140727.USD":"AB EMERGING MARKETS MULTI ASSET PORTFOLIO \"AD\" (USD) INC","JD":"京东","09988":"阿里巴巴-W","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0052750758.USD":"富兰克林中国基金A Acc","IE00BZ08YS42.EUR":"GUINNESS BEST OF CHINA \"C\" (EUR) ACC","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","PDD":"拼多多","BK1142":"互联网与直销零售","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU0229945570.USD":"TEMPLETON BRIC \"A\" (USD) ACC","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU1046422090.SGD":"Fidelity Pacific A-SGD","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","09618":"京东集团-SW","LU0048580855.USD":"富达大中华区A","BK4527":"明星科技股","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU1152091754.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" (HKD) INC","LU0228659784.USD":"施罗德金砖四国基金","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","LU0683595622.HKD":"AB SICAV I-EM.MKTS MUL.ASS.PTF(AD)","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU0605514214.HKD":"FIDELITY CHINA CONSUMER \"A\" (HKD) ACC","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","BK4220":"综合零售","LU0054450605.USD":"HSBC GIF GLOBAL EMERGING MARKTS EQ \"AD\" INC","BK4524":"宅经济概念","BABA":"阿里巴巴"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2482934700","content_text":"The prospects of painful U.S. tariffs were weighing on Chinese stocks Tuesday, overshadowing the end of Singles Day -- China's version of Black Friday.Hong Kong's Hang Seng Index closed 2.8% lower Tuesday while Chinese markets fell 1.4%, in a move Mizuho analysts attributed to U.S.-China tension heating up.Alibaba and JD.com stocks' American depositary receipts, or ADRs, were also down by 3% and 5%, respectively, in the premarket.Trump has chosen Republican Michael Waltz of Florida, a former Green Beret who has taken a tough line on China, to oversee foreign and national security policy in his upcoming administration, The Wall Street Journal reported. The President-elect is also reported to have nominated China Hawk, Florida senator, Marco Rubio to be secretary of state.Tech stocks led China losses Tuesday, and adding to the gloom around China's sluggish economy were reports from some of China's largest e-commerce platforms which disclosed selected metrics from China's key shopping event Singles Day. The numbers seemingly failed to quiet concerns that China's efforts to revive its lagging economy aren't enough.The unofficial Chinese holiday, also called \"Double 11,\" takes place on Nov. 11 every year and is often considered a barometer for China consumer sentiment.Hong Kong-listed Alibaba said it saw a record number of active buyers this year. The retailer said that 589 brands including Apple, Nike and Haier surpassed 100 million yuan in gross merchandise volume, a measure of a platform's sales volume. It did not, however, reveal the total amount of sales over the period.Peer JD.com said shoppers increased 20% from last year but also didn't disclose the total value of its sales during the shopping festival.Chinese authorities have introduced a raft of stimulus and economic measures to try to kick-start its lagging economy but cautious consumers have yet to show signs of increased spending.The next test for Chinese companies, especially those relying on consumer spending, will be quarterly earnings later this week. JD.com is set to report results on Thursday, followed by Alibaba on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":274310414172240,"gmtCreate":1708008194537,"gmtModify":1708008198824,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"This article is full of BS","listText":"This article is full of BS","text":"This article is full of BS","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/274310414172240","repostId":"2411754830","repostType":2,"repost":{"id":"2411754830","pubTimestamp":1708002540,"share":"https://ttm.financial/m/news/2411754830?lang=&edition=fundamental","pubTime":"2024-02-15 21:09","market":"us","language":"en","title":"Beware of These 3 Chinese Stocks: A Must-Avoid List","url":"https://stock-news.laohu8.com/highlight/detail?id=2411754830","media":"InvestorPlace","summary":"Chinese stocks are headed for a cliff, and government stimulus can't save them. Avoid these Chinese stocks before it's too late.","content":"<html><body><article>\n<header>\n<div>\n<div>\n<ul>\n<li>Government stimulus won’t save these Chinese stocks to avoid.</li>\n<li><strong>Alibaba Group Holding </strong>(<strong><strong><u>BABA</u></strong></strong>): BABA is losing market share as it focuses on low-margin expansion activities.</li>\n<li><strong>Nio Inc </strong>(<strong><u>NIO</u></strong>): Nio can’t hold its own against other EV manufacturers.</li>\n<li><strong><a href=\"https://laohu8.com/S/EEMA\">iShares</a> MSCI China ETF </strong>(<strong><strong><u>MCHI</u></strong></strong>): Short interest is holding steady for the Chinese stock market ETF.</li>\n</ul>\n</div>\n<div></div>\n<figure>\n<div>\n<img decoding=\"async\" height=\"432\" sizes=\"(max-width: 768px) 100vw, 768px\" src=\"https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-768x432.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-768x432.jpg 768w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-300x169.jpg 300w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-1024x576.jpg 1024w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-1536x864.jpg 1536w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-200x113.jpg 200w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-400x225.jpg 400w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-116x65.jpg 116w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-100x56.jpg 100w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-89x50.jpg 89w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600-78x44.jpg 78w, https://investorplace.com/wp-content/uploads/2023/03/stocks-red-down-bearish-hands-1600.jpg 1600w\" width=\"768\"/> </div>\n<figcaption>\n<p>Source: shutterstock.com/Leonid Sorokin</p>\n</figcaption>\n</figure>\n<div>\n<p>Last week, I talked about how emerging market investors are increasingly leaving Chinese stocks out in the cold. If you’re a China bull, you may argue that including Chinese stocks as part of a wider “emerging market” category isn’t fair to those skewing further left on an emerging/developed market spectrum. And that’s a fair point. As I said in that article, China’s 30% share of the overall emerging market sphere reduces the impact of smaller-cap companies in, for example, Brazil, in favor of a heavier Chinese stock concentration that’s better off categorized separately.</p>\n<p>But that’s the bull thesis.</p>\n<p>An alternate and no less justified tact says that overexposure to Chinese stocks puts investor capital at risk in a market with an over-engineered economy that can (and does) step into private companies’ business as the government sees fit to serve collective Chinese interests at the expense of shareholders and stakeholders.</p>\n<p>That’s how one analyst describes the recent decision to cut 66 Chinese stocks from major global indices, saying, “It highlights the issue of negative flows for Chinese stocks as investors reduce exposure to the country, in large part due to recent weak fundamentals, but also fears of ongoing financial instability, regulatory uncertainty, and — most of all — country risk.”</p>\n<p>These three Chinese stocks to avoid tend to be popular among retail investors — but HODL at your own risk.</p>\n<h2><strong>Alibaba Group Holding (BABA)</strong></h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2020/03/baba1600-300x169.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2020/03/baba1600-300x169.jpg 300w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-1024x576.jpg 1024w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-768x432.jpg 768w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-1536x864.jpg 1536w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-200x113.jpg 200w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-400x225.jpg 400w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-116x65.jpg 116w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-100x56.jpg 100w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-89x50.jpg 89w, https://investorplace.com/wp-content/uploads/2020/03/baba1600-78x44.jpg 78w, https://investorplace.com/wp-content/uploads/2020/03/baba1600.jpg 1600w\" width=\"300\"/><div>Source: Kevin Chen Photography / Shutterstock.com</div></div>\n<p>Even from a bullish Chinese stock perspective, <strong>Alibaba Group Holding</strong> (NYSE:<strong>BABA</strong>) is worth trimming or cutting out of your portfolio completely. Not purely because of the geopolitical and economic risks, but because direct competitor <strong>Pinduoduo</strong> (NASDAQ:<strong><span>PDD</span></strong>) is increasingly edging out and putting pressure on the e-commerce retailer.</p>\n<p>Though it remains slightly smaller than BABA based on market cap, PDD shares far outperformed Alibaba, returning 60% over the past six months compared to BABA’s 25% loss over the same period. But the biggest risk facing BABA, as it relates to losing its once-top spot to Pinduoduo, is discount pricing and market share. Right now, PDD is beating BABA on both counts.</p>\n<p>But BABA isn’t helping itself either, considering it missed recent earnings estimates. Though buybacks and dividends might boost the stock’s price in the short run, its long-term prospects are less clear. The company is, á la <strong>Amazon</strong> (NASDAQ:<strong>AMZN</strong>), increasingly pivoting outside of its e-commerce purview, notably within cloud computing. But that market is increasingly flooded, and, with less than 10% of the global market, BABA’s peripheral ambitions risk eating into slim margins and bringing the Chinese stock down further.</p>\n<h2><strong>Nio Inc (NIO)</strong></h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-300x169.png\" srcset=\"https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-300x169.png 300w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-1024x576.png 1024w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-768x432.png 768w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-1536x864.png 1536w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-200x113.png 200w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-400x225.png 400w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-116x65.png 116w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-100x56.png 100w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-89x50.png 89w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6-78x44.png 78w, https://investorplace.com/wp-content/uploads/2023/10/nio1600-6.png 1600w\" width=\"300\"/><div>Source: Piotr Swat / Shutterstock.com</div></div>\n<p>From a macro perspective, electric vehicle (EV) manufacturer <strong>Nio Inc</strong> (NYSE:<strong>NIO</strong>) faces risk as the global EV market cools amid regulatory churn and reduced overall demand. And, like BABA, NIO faces substantial pressure among comparable Chinese stocks and stiff international competition. For example, of the overall Chinese EV market, Nio claims just 2% of the overall market share, leagues behind <strong>BYD’s</strong> (OTCMKTS:<strong>BYDDF</strong>) 35% market share and <strong>Tesla’s</strong> (NASDAQ:<strong>TSLA</strong>) 8%.</p>\n<p>As <em>InvestorPlace’s</em> Louis Navallier covered recently, even aggressive government stimulus isn’t enough to save the Chinese stock. His research note pointed to the company’s plummeting monthly vehicle delivery rate alongside consistent unprofitability. That fundamental weakness isn’t enough for government stimulus and short-selling restrictions to overcome. Though the stock bounced on the overall news, don’t expect the rebound to last. The company is still overvalued by any practical metric, considering it trades at 1.2x sales and more than 4x book value today.</p>\n<p>Chinese EV stocks are a risky proposition overall, considering global expansion concerns, tariffs, and supply chain problems relating to high-tech components that next-gen cars demand. If you must pick one, stick with Charlie Munger’s recommendation — but avoid Nio at all costs.</p>\n<h2><strong>iShares MSCI China ETF (MCHI)</strong></h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-300x169.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-300x169.jpg 300w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-1024x576.jpg 1024w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-768x432.jpg 768w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-1536x864.jpg 1536w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-200x113.jpg 200w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-400x225.jpg 400w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-116x65.jpg 116w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-100x56.jpg 100w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-89x50.jpg 89w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600-78x44.jpg 78w, https://investorplace.com/wp-content/uploads/2021/01/china-stocks-deslisting-1600.jpg 1600w\" width=\"300\"/><div>Source: Akarat Phasura / Shutterstock.com</div></div>\n<p>Expense Ratio: 0.59%, or $59 annually on a $10,000 investment</p>\n<p>Of course, if you want to avoid (or short) Chinese stocks based on their fundamentally skewed risk/reward profile, <strong>iShares MSCI China ETF</strong> (NASDAQ:<strong>MCHI</strong>) is the clear “winner.” The basket of Chinese stocks holds many publicly tradable on U.S. exchanges but, critically, also a handful inaccessible through domestic investment platforms.</p>\n<p>For example, though BABA and PDD are both top MCHI holdings, the ETF also has Chinese stocks like <strong>China Construction Bank</strong> and <strong>Ping Insurance.</strong> With more than 15% of its overall weight attributable to financial stocks like these, MCHI’s per-share price faces massive downside risk if the Chinese government can’t contain rapid economic decline.</p>\n<p>MCHI’s short interest has remained fairly steady, though elevated, over the past few months. If you’re interested in keeping a close eye on Chinese stocks, this ETF is the easy pick to monitor overall investor sentiment in the region — and whether smart money sees Chinese stocks heading for a cliff.</p>\n<p><em>On the date of publication, Jeremy Flint held no positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.</em></p>\n<div><p>Jeremy Flint, an MBA graduate and skilled finance writer, excels in content strategy for wealth managers and investment funds. Passionate about simplifying complex market concepts, he focuses on fixed-income investing, alternative investments, economic analysis, and the oil, gas, and utilities sectors. Jeremy’s work can also be found at www.jeremyflint.work.</p></div>\n</div>\n<div>\n<div hidden=\"true\">\n<div>\n<svg fill=\"none\" height=\"32\" viewbox=\"0 0 261 32\" width=\"261\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M38.8652 7.49652H42.2492V25.7517H38.8652V7.49652ZM60.0112 7.49652H63.3142V25.7517H60.0921L50.9278 13.1733V25.7517H47.6248V7.49652H50.8469L60.0112 20.0749V7.49652ZM66.5201 7.49652H70.2279L75.4578 21.8955L80.7685 7.49652H84.3144L77.1417 25.7517H73.5957L66.5201 7.49652ZM87.4232 7.49652H100.457V10.5418H90.8072V15.0601H99.5019V18.1054H90.8072V22.7064H100.781V25.7517H87.4232V7.49652ZM113.637 10.8563C112.666 10.5253 111.872 10.3598 111.063 10.3598C110.253 10.3598 109.622 10.5253 109.136 10.8563C108.65 11.1873 108.407 11.601 108.407 12.1803C108.407 12.6768 108.569 13.0906 108.893 13.4216C109.217 13.7526 109.622 14.0009 110.188 14.2491C110.674 14.4974 111.403 14.7456 112.196 14.9939C113.41 15.3249 114.366 15.7387 115.175 16.0697C115.985 16.4007 116.616 16.98 117.183 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LLC</p>\n</div>\n</div>\n</header></article></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beware of These 3 Chinese Stocks: A Must-Avoid List</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ 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}\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeware of These 3 Chinese Stocks: A Must-Avoid List\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-15 21:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/02/beware-of-these-3-chinese-stocks-a-must-avoid-list/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Government stimulus won’t save these Chinese stocks to avoid.\nAlibaba Group Holding (BABA): BABA is losing market share as it focuses on low-margin expansion activities.\nNio Inc (NIO): Nio can’t hold ...</p>\n\n<a href=\"https://investorplace.com/2024/02/beware-of-these-3-chinese-stocks-a-must-avoid-list/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QLD":"纳指两倍做多ETF","BK4507":"流媒体概念","BK4585":"ETF&股票定投概念","MCHI":"中国ETF-iShares MSCI","TSLA":"特斯拉","09866":"蔚来-SW","TQQQ":"纳指三倍做多ETF","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0359201612.USD":"贝莱德中国基金A2","BK4587":"ChatGPT概念","BK4509":"腾讯概念","BK4566":"资本集团","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","PSQ":"纳指反向ETF","FDN":"First Trust Dow Jones Internet I","BK4501":"段永平概念","PDD":"拼多多","AMZN":"亚马逊","BK4588":"碎股","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD",".IXIC":"NASDAQ Composite","QQQ":"纳指100ETF","BK4503":"景林资产持仓","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","SG9999014674.SGD":"Nikko AM All China Equity A SGD","09988":"阿里巴巴-W","BK4502":"阿里概念","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4561":"索罗斯持仓","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","NIO.SI":"蔚来","QID":"纳指两倍做空ETF","BK4099":"汽车制造商","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","LU0823414478.USD":"法巴经典能源转换基金","NIO":"蔚来","BABA":"阿里巴巴","SQQQ":"纳指三倍做空ETF","LU0051755006.USD":"摩根大通中国A (dist)","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC"},"source_url":"https://investorplace.com/2024/02/beware-of-these-3-chinese-stocks-a-must-avoid-list/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2411754830","content_text":"Government stimulus won’t save these Chinese stocks to avoid.\nAlibaba Group Holding (BABA): BABA is losing market share as it focuses on low-margin expansion activities.\nNio Inc (NIO): Nio can’t hold its own against other EV manufacturers.\niShares MSCI China ETF (MCHI): Short interest is holding steady for the Chinese stock market ETF.\n\n\n\n\n\n \n\nSource: shutterstock.com/Leonid Sorokin\n\n\n\nLast week, I talked about how emerging market investors are increasingly leaving Chinese stocks out in the cold. If you’re a China bull, you may argue that including Chinese stocks as part of a wider “emerging market” category isn’t fair to those skewing further left on an emerging/developed market spectrum. And that’s a fair point. As I said in that article, China’s 30% share of the overall emerging market sphere reduces the impact of smaller-cap companies in, for example, Brazil, in favor of a heavier Chinese stock concentration that’s better off categorized separately.\nBut that’s the bull thesis.\nAn alternate and no less justified tact says that overexposure to Chinese stocks puts investor capital at risk in a market with an over-engineered economy that can (and does) step into private companies’ business as the government sees fit to serve collective Chinese interests at the expense of shareholders and stakeholders.\nThat’s how one analyst describes the recent decision to cut 66 Chinese stocks from major global indices, saying, “It highlights the issue of negative flows for Chinese stocks as investors reduce exposure to the country, in large part due to recent weak fundamentals, but also fears of ongoing financial instability, regulatory uncertainty, and — most of all — country risk.”\nThese three Chinese stocks to avoid tend to be popular among retail investors — but HODL at your own risk.\nAlibaba Group Holding (BABA)\nSource: Kevin Chen Photography / Shutterstock.com\nEven from a bullish Chinese stock perspective, Alibaba Group Holding (NYSE:BABA) is worth trimming or cutting out of your portfolio completely. Not purely because of the geopolitical and economic risks, but because direct competitor Pinduoduo (NASDAQ:PDD) is increasingly edging out and putting pressure on the e-commerce retailer.\nThough it remains slightly smaller than BABA based on market cap, PDD shares far outperformed Alibaba, returning 60% over the past six months compared to BABA’s 25% loss over the same period. But the biggest risk facing BABA, as it relates to losing its once-top spot to Pinduoduo, is discount pricing and market share. Right now, PDD is beating BABA on both counts.\nBut BABA isn’t helping itself either, considering it missed recent earnings estimates. Though buybacks and dividends might boost the stock’s price in the short run, its long-term prospects are less clear. The company is, á la Amazon (NASDAQ:AMZN), increasingly pivoting outside of its e-commerce purview, notably within cloud computing. But that market is increasingly flooded, and, with less than 10% of the global market, BABA’s peripheral ambitions risk eating into slim margins and bringing the Chinese stock down further.\nNio Inc (NIO)\nSource: Piotr Swat / Shutterstock.com\nFrom a macro perspective, electric vehicle (EV) manufacturer Nio Inc (NYSE:NIO) faces risk as the global EV market cools amid regulatory churn and reduced overall demand. And, like BABA, NIO faces substantial pressure among comparable Chinese stocks and stiff international competition. For example, of the overall Chinese EV market, Nio claims just 2% of the overall market share, leagues behind BYD’s (OTCMKTS:BYDDF) 35% market share and Tesla’s (NASDAQ:TSLA) 8%.\nAs InvestorPlace’s Louis Navallier covered recently, even aggressive government stimulus isn’t enough to save the Chinese stock. His research note pointed to the company’s plummeting monthly vehicle delivery rate alongside consistent unprofitability. That fundamental weakness isn’t enough for government stimulus and short-selling restrictions to overcome. Though the stock bounced on the overall news, don’t expect the rebound to last. The company is still overvalued by any practical metric, considering it trades at 1.2x sales and more than 4x book value today.\nChinese EV stocks are a risky proposition overall, considering global expansion concerns, tariffs, and supply chain problems relating to high-tech components that next-gen cars demand. If you must pick one, stick with Charlie Munger’s recommendation — but avoid Nio at all costs.\niShares MSCI China ETF (MCHI)\nSource: Akarat Phasura / Shutterstock.com\nExpense Ratio: 0.59%, or $59 annually on a $10,000 investment\nOf course, if you want to avoid (or short) Chinese stocks based on their fundamentally skewed risk/reward profile, iShares MSCI China ETF (NASDAQ:MCHI) is the clear “winner.” The basket of Chinese stocks holds many publicly tradable on U.S. exchanges but, critically, also a handful inaccessible through domestic investment platforms.\nFor example, though BABA and PDD are both top MCHI holdings, the ETF also has Chinese stocks like China Construction Bank and Ping Insurance. With more than 15% of its overall weight attributable to financial stocks like these, MCHI’s per-share price faces massive downside risk if the Chinese government can’t contain rapid economic decline.\nMCHI’s short interest has remained fairly steady, though elevated, over the past few months. If you’re interested in keeping a close eye on Chinese stocks, this ETF is the easy pick to monitor overall investor sentiment in the region — and whether smart money sees Chinese stocks heading for a cliff.\nOn the date of publication, Jeremy Flint held no positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nJeremy Flint, an MBA graduate and skilled finance writer, excels in content strategy for wealth managers and investment funds. Passionate about simplifying complex market concepts, he focuses on fixed-income investing, alternative investments, economic analysis, and the oil, gas, and utilities sectors. Jeremy’s work can also be found at www.jeremyflint.work.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/02/beware-of-these-3-chinese-stocks-a-must-avoid-list/.\n©2024 InvestorPlace Media, LLC","news_type":1},"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273190329266472,"gmtCreate":1707734809168,"gmtModify":1707734813220,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"Once the funds feel&nbsp;that it's too risky to continue to artificially inflate other tech stocks, they will move their funds back to the&nbsp;deflate balloons like JD and Alibaba","listText":"Once the funds feel&nbsp;that it's too risky to continue to artificially inflate other tech stocks, they will move their funds back to the&nbsp;deflate balloons like JD and Alibaba","text":"Once the funds feel that it's too risky to continue to artificially inflate other tech stocks, they will move their funds back to the deflate balloons like JD and Alibaba","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273190329266472","repostId":"2410044636","repostType":2,"repost":{"id":"2410044636","pubTimestamp":1707701256,"share":"https://ttm.financial/m/news/2410044636?lang=&edition=fundamental","pubTime":"2024-02-12 09:27","market":"us","language":"en","title":"JD.com: Extreme Cheapness Won't Last Long","url":"https://stock-news.laohu8.com/highlight/detail?id=2410044636","media":"seekingalpha","summary":"In this article, I will explore that question, ultimately concluding that JD is likely worth more than its current stock price suggests. China Macro Risks Before going any further, I should cover the risks that JD is ex","content":"<html><head></head><body><ul style=\"\"><li><p>JD.com stock fell in the wake of Alibaba&#39;s December quarter earnings release.</p></li><li><p>The release renewed fears of a slowing Chinese economy, as Alibaba grew revenue at just 2.1%, or 5% in constant currency.</p></li><li><p>JD.com&#39;s stock has fallen significantly and is now trading at a cheap valuation, making it a potentially good investment.</p></li><li><p>In this article I explain why JD stock is a good value at today&#39;s prices.</p></li></ul><p>This week, all eyes are on Chinese ADRs. Yesterday, <strong>Alibaba Group Holding</strong> (BABA) reported its earnings for the quarter ended December 31, and announced a $25 billion increase in buybacks. Analysts expected that Alibaba would reveal $36.4 billion in revenue and $2.64 in earnings per share (“EPS”) in Q4. The company actually did $36.66 billion in revenue (up 2.1% or 5% in constant currency), and $2.67 in EPS, beating both estimates.</p><p>Alibaba’s calendar Q4 earnings release is a done deal. As for its peers, the results remain to be seen. <strong>PDD Holdings</strong> (PDD) has done very well over the last year, although its stock sold off after a news article reported that Donald Trump was planning on levying a 60% tariff on all Chinese goods. It regained some ground after Alibaba’s earnings came out.</p><p>As for JD.com(NASDAQ:JD), the story hasn’t been as positive there. JD has fallen 79% from its 2020 highs, by far the worst decline of all Chinese tech stocks in the last four years. The story about JD is similar to that of Alibaba; namely, it’s perceived as too risky because of China’s macro situation. JD’s stock has sold off more than Alibaba’s, though, likely because it doesn’t have a buyback program like that company does.</p><p>That doesn’t mean that JD stock isn’t worth investing in. To the contrary, the company has many of the telltale characteristics of a good investment. The stock is dirt cheap, the company is growing, the earnings usually beat estimates. The company’s margins aren’t quite on par with those of Alibaba or PDD, but as <strong>Costco</strong> (COST) and <strong>Amazon</strong> (AMZN) show, sometimes it makes sense for a retailer to run slim margins in the name of capturing market share.</p><p>Because of its lack of a buyback, JD stock has gotten ridiculously cheap. At today’s prices, it trades at just 7.2 times earnings, 0.24 times sales, 1.09 times book value, and 4.28 times operating cash flow. The stock even has a 2.8% dividend yield, about double the S&amp;P 500’s yield. It’s not that JD’s managers are especially generous with dividends (the payout ratio is just 19%), but rather that the stock has been so beaten down that it now has yield even though not much of the profit is actually being paid out.</p><p>The question is, are the risks in China’s economy really so severe as to make JD worth less than its U.S. counterparts? In this article, I will explore that question, ultimately concluding that JD is likely worth more than its current stock price suggests.</p><h2 id=\"id_228662060\">China Macro Risks</h2><p>Before going any further, I should cover the risks that JD is exposed to. Stocks don’t get beaten down as badly as JD has for no reason. The company’s own performance, going by growth and earnings performance, has been excellent, so we must conclude that China’s macro picture is part of what’s been going wrong. Macroeconomic and geopolitical risk have been heavily cited as factors in the latest leg down in Chinese ADRs. On the macro front, China is facing problems with deflation. On the geopolitical front, concerns about a Taiwan invasion continue to linger. These risks are certainly real. When Russia invaded Ukraine, Russian stocks became essentially worthless, as Russia banned the listing of ADRs and Westerners had difficulty accessing the Russian exchanges directly. Although a Taiwan invasion would not necessarily impact the fundamentals of Chinese companies, there’s at least some possibility that China would retaliate the way Russia did if Western countries sanctioned it. Such an outcome is unlikely in the near term as China is currently seeking to bring in foreign investment. But if you consider an investment in China with a 5-10 year holding period in mind, then delisting is a risk you probably should consider.</p><p>The question is “how do you price such risk?” As I wrote in a recent series of X posts, risk is something you assign a discount to; you don’t avoid a security just because it is risky. Investors deal with risk through seeking discount prices, diversifying their holdings, and hedging their bets. The risk of a stock potentially becoming worthless doesn’t mean it’s necessarily a sell: if the potential return is 1,000%, then a hedged position at a modest weighting in such a stock might make sense.</p><p>The question is, what kind of a discount should JD trade at?</p><p>To answer that question, we need to look at the stock’s valuation, and compare it to that of its peers. Below, I have the multiples for JD, its two closest Chinese competitors, and one U.S. comp, Amazon.</p><table style=\"border-collapse:collapse;\"><colgroup><col/><col/><col/><col/><col/><col/><col/></colgroup><tbody><tr><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p>JD</p></td><td style=\"text-align:left;\"><p>BABA</p></td><td style=\"text-align:left;\"><p>PDD</p></td><td style=\"text-align:left;\"><p>AMZN</p></td><td style=\"text-align:left;\"><p>Average of comps</p></td><td style=\"text-align:left;\"><p>JD discount</p></td></tr><tr><td style=\"text-align:left;\"><p>Adjusted P/E</p></td><td style=\"text-align:left;\"><p>7.6</p></td><td style=\"text-align:left;\"><p>8.4</p></td><td style=\"text-align:left;\"><p>22.5</p></td><td style=\"text-align:left;\"><p>58.8</p></td><td style=\"text-align:left;\"><p>29.9</p></td><td style=\"text-align:left;\"><p>74.9%</p></td></tr><tr><td style=\"text-align:left;\"><p>GAAP P/E</p></td><td style=\"text-align:left;\"><p>11.2</p></td><td style=\"text-align:left;\"><p>13.4</p></td><td style=\"text-align:left;\"><p>29.7</p></td><td style=\"text-align:left;\"><p>58.8</p></td><td style=\"text-align:left;\"><p>34</p></td><td style=\"text-align:left;\"><p>67%</p></td></tr><tr><td style=\"text-align:left;\"><p>Price/sales</p></td><td style=\"text-align:left;\"><p>0.24</p></td><td style=\"text-align:left;\"><p>1.4</p></td><td style=\"text-align:left;\"><p>5.2</p></td><td style=\"text-align:left;\"><p>3</p></td><td style=\"text-align:left;\"><p>3.2</p></td><td style=\"text-align:left;\"><p>92.5%</p></td></tr><tr><td style=\"text-align:left;\"><p>Price/book</p></td><td style=\"text-align:left;\"><p>1.15</p></td><td style=\"text-align:left;\"><p>1.3</p></td><td style=\"text-align:left;\"><p>7.9</p></td><td style=\"text-align:left;\"><p>8.7</p></td><td style=\"text-align:left;\"><p>5.96</p></td><td style=\"text-align:left;\"><p>80%</p></td></tr><tr><td style=\"text-align:left;\"><p>Price/op cash flow</p></td><td style=\"text-align:left;\"><p>4.5</p></td><td style=\"text-align:left;\"><p>6.8</p></td><td style=\"text-align:left;\"><p>14.9</p></td><td style=\"text-align:left;\"><p>21</p></td><td style=\"text-align:left;\"><p>12.23</p></td><td style=\"text-align:left;\"><p>63%</p></td></tr><tr><td style=\"text-align:left;\"><p>Price/free cash flow</p></td><td style=\"text-align:left;\"><p>7</p></td><td style=\"text-align:left;\"><p>8.29</p></td><td style=\"text-align:left;\"><p>14.9</p></td><td style=\"text-align:left;\"><p>54.6</p></td><td style=\"text-align:left;\"><p>25.9</p></td><td style=\"text-align:left;\"><p>73%</p></td></tr></tbody></table><p>Click to enlarge</p><p>As you can see, JD trades at substantial discounts to comparable companies. Note that Alibaba and PDD face the China macro and geopolitical risks discussed above, and are still far pricier than JD. If we use the NASDAQ-100 as a comp, for an analysis that focuses only on comps without delisting risk, then, we arrive at JD trading at a P/E discount of 78%!</p><p>So, JD’s cheap valuation is not just due to geopolitical risk (it’s cheaper than other Chinese tech names), and the discount compared to U.S. tech is enormous. The risk of China invading Taiwan is non-zero, but is it so great that a 78% discount is required? If you take a $100 per year perpetuity and discount it at the current 10 year treasury yield (4.14%), you get a present value of $2,414. If you discount it at 14.14% (the 10 year yield plus a massive 10% risk premium), you get a present value of $707. That’s a 71% discount in price terms, less than JD’s 78% discount to the QQQ’s earnings multiple. The amount of risk being priced into this stock is absolutely colossal. Of course, Chinese stocks in general are in that boat. The question is how do we explain JD’s discount to Alibaba and PDD. To answer that question we need to look at the company’s earnings performance.</p><h2 id=\"id_2519469500\">Performance</h2><p>In the most recent quarter, JD dot com delivered:</p><ul style=\"\"><li><p>$34 billion in revenue, up 1.7%.</p></li><li><p>$1.5 billion in operating income, up 12%.</p></li><li><p>$0.69 in EPS, up 40%.</p></li><li><p>$5.4 billion in free cash flow, up 52.7%.</p></li></ul><p>These results beat expectations, and the growth rates were higher than what Alibaba did in its December quarter (although the time period of these releases is non-identical).</p><p>Now, let’s look at some performance metrics for the trailing 12 month period. According to Seeking Alpha Quant, JD did the following growth rates in the last 12 months:</p><ul style=\"\"><li><p>4.6% in revenue.</p></li><li><p>105% in operating income.</p></li><li><p>1000% in EPS.</p></li><li><p>86% in free cash flow.</p></li></ul><p>Excellent growth, yet the stock price tanked. A price/performance divergence may be emerging. Finally, let’s look at the profitability metrics:</p><ul style=\"\"><li><p>Gross margin: 8.7%.</p></li><li><p>EBIT margin: 2.5%.</p></li><li><p>Net margin: 2.2%.</p></li><li><p>Return on equity: 10.8%.</p></li></ul><p>Overall, JD is quite profitable. Its margins are not as good as Alibaba’s, but its ROE is actually slightly higher. On the whole, we would characterize JD as cheap, profitable and growing.</p><h2 id=\"id_2245282364\">The Bottom Line</h2><p>Before concluding my analysis of JD, I should include a note on risk:</p><p>JD’s margins are fairly slim, which means it wouldn’t take a very large decline in revenue or increase in costs to erase the company’s profits. This is a real risk to shareholders. However, those same slim margins could be thought of as a competitive advantage. The reason JD has slimmer margins than JD or BABA is because it holds most of its own inventory, and thus faces higher costs. That reduces profits but it also gives JD far more control over quality and delivery times than JD and PDD have, as it handles all shipping and logistics itself. Its competitors rely on third parties. It shouldn’t come as a surprise, then, that JD has a reputation for better quality control than Alibaba and PDD.</p><p>Taking all of the above factors into consideration, I conclude that JD stock is a good value today. Cheap, profitable and growing, its extreme cheapness likely won’t last.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JD.com: Extreme Cheapness Won't Last Long</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJD.com: Extreme Cheapness Won't Last Long\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-12 09:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4669250-jdcom-extreme-cheapness-wont-last-long><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JD.com stock fell in the wake of Alibaba's December quarter earnings release.The release renewed fears of a slowing Chinese economy, as Alibaba grew revenue at just 2.1%, or 5% in constant currency....</p>\n\n<a href=\"https://seekingalpha.com/article/4669250-jdcom-extreme-cheapness-wont-last-long\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COST":"好市多","BK4505":"高瓴资本持仓","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4581":"高盛持仓","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","BABA":"阿里巴巴","BK4504":"桥水持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","09618":"京东集团-SW","09988":"阿里巴巴-W","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4592":"伊斯兰概念","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0918141887.USD":"安联亚洲实际收益股票基金","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","BK4507":"流媒体概念","JD":"京东","PDD":"拼多多","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","AMZN":"亚马逊","LU0650527681.SGD":"Fidelity China Consumer A-SGD","BK4575":"芯片概念","BK4509":"腾讯概念","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","BK4501":"段永平概念","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","LU0079474960.USD":"联博美国增长基金A","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4579":"人工智能","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU1720050803.USD":"安联全方位中国股票基金","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","BK4503":"景林资产持仓","SG9999014674.SGD":"Nikko AM All China Equity A SGD","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4502":"阿里概念"},"source_url":"https://seekingalpha.com/article/4669250-jdcom-extreme-cheapness-wont-last-long","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2410044636","content_text":"JD.com stock fell in the wake of Alibaba's December quarter earnings release.The release renewed fears of a slowing Chinese economy, as Alibaba grew revenue at just 2.1%, or 5% in constant currency.JD.com's stock has fallen significantly and is now trading at a cheap valuation, making it a potentially good investment.In this article I explain why JD stock is a good value at today's prices.This week, all eyes are on Chinese ADRs. Yesterday, Alibaba Group Holding (BABA) reported its earnings for the quarter ended December 31, and announced a $25 billion increase in buybacks. Analysts expected that Alibaba would reveal $36.4 billion in revenue and $2.64 in earnings per share (“EPS”) in Q4. The company actually did $36.66 billion in revenue (up 2.1% or 5% in constant currency), and $2.67 in EPS, beating both estimates.Alibaba’s calendar Q4 earnings release is a done deal. As for its peers, the results remain to be seen. PDD Holdings (PDD) has done very well over the last year, although its stock sold off after a news article reported that Donald Trump was planning on levying a 60% tariff on all Chinese goods. It regained some ground after Alibaba’s earnings came out.As for JD.com(NASDAQ:JD), the story hasn’t been as positive there. JD has fallen 79% from its 2020 highs, by far the worst decline of all Chinese tech stocks in the last four years. The story about JD is similar to that of Alibaba; namely, it’s perceived as too risky because of China’s macro situation. JD’s stock has sold off more than Alibaba’s, though, likely because it doesn’t have a buyback program like that company does.That doesn’t mean that JD stock isn’t worth investing in. To the contrary, the company has many of the telltale characteristics of a good investment. The stock is dirt cheap, the company is growing, the earnings usually beat estimates. The company’s margins aren’t quite on par with those of Alibaba or PDD, but as Costco (COST) and Amazon (AMZN) show, sometimes it makes sense for a retailer to run slim margins in the name of capturing market share.Because of its lack of a buyback, JD stock has gotten ridiculously cheap. At today’s prices, it trades at just 7.2 times earnings, 0.24 times sales, 1.09 times book value, and 4.28 times operating cash flow. The stock even has a 2.8% dividend yield, about double the S&P 500’s yield. It’s not that JD’s managers are especially generous with dividends (the payout ratio is just 19%), but rather that the stock has been so beaten down that it now has yield even though not much of the profit is actually being paid out.The question is, are the risks in China’s economy really so severe as to make JD worth less than its U.S. counterparts? In this article, I will explore that question, ultimately concluding that JD is likely worth more than its current stock price suggests.China Macro RisksBefore going any further, I should cover the risks that JD is exposed to. Stocks don’t get beaten down as badly as JD has for no reason. The company’s own performance, going by growth and earnings performance, has been excellent, so we must conclude that China’s macro picture is part of what’s been going wrong. Macroeconomic and geopolitical risk have been heavily cited as factors in the latest leg down in Chinese ADRs. On the macro front, China is facing problems with deflation. On the geopolitical front, concerns about a Taiwan invasion continue to linger. These risks are certainly real. When Russia invaded Ukraine, Russian stocks became essentially worthless, as Russia banned the listing of ADRs and Westerners had difficulty accessing the Russian exchanges directly. Although a Taiwan invasion would not necessarily impact the fundamentals of Chinese companies, there’s at least some possibility that China would retaliate the way Russia did if Western countries sanctioned it. Such an outcome is unlikely in the near term as China is currently seeking to bring in foreign investment. But if you consider an investment in China with a 5-10 year holding period in mind, then delisting is a risk you probably should consider.The question is “how do you price such risk?” As I wrote in a recent series of X posts, risk is something you assign a discount to; you don’t avoid a security just because it is risky. Investors deal with risk through seeking discount prices, diversifying their holdings, and hedging their bets. The risk of a stock potentially becoming worthless doesn’t mean it’s necessarily a sell: if the potential return is 1,000%, then a hedged position at a modest weighting in such a stock might make sense.The question is, what kind of a discount should JD trade at?To answer that question, we need to look at the stock’s valuation, and compare it to that of its peers. Below, I have the multiples for JD, its two closest Chinese competitors, and one U.S. comp, Amazon.JDBABAPDDAMZNAverage of compsJD discountAdjusted P/E7.68.422.558.829.974.9%GAAP P/E11.213.429.758.83467%Price/sales0.241.45.233.292.5%Price/book1.151.37.98.75.9680%Price/op cash flow4.56.814.92112.2363%Price/free cash flow78.2914.954.625.973%Click to enlargeAs you can see, JD trades at substantial discounts to comparable companies. Note that Alibaba and PDD face the China macro and geopolitical risks discussed above, and are still far pricier than JD. If we use the NASDAQ-100 as a comp, for an analysis that focuses only on comps without delisting risk, then, we arrive at JD trading at a P/E discount of 78%!So, JD’s cheap valuation is not just due to geopolitical risk (it’s cheaper than other Chinese tech names), and the discount compared to U.S. tech is enormous. The risk of China invading Taiwan is non-zero, but is it so great that a 78% discount is required? If you take a $100 per year perpetuity and discount it at the current 10 year treasury yield (4.14%), you get a present value of $2,414. If you discount it at 14.14% (the 10 year yield plus a massive 10% risk premium), you get a present value of $707. That’s a 71% discount in price terms, less than JD’s 78% discount to the QQQ’s earnings multiple. The amount of risk being priced into this stock is absolutely colossal. Of course, Chinese stocks in general are in that boat. The question is how do we explain JD’s discount to Alibaba and PDD. To answer that question we need to look at the company’s earnings performance.PerformanceIn the most recent quarter, JD dot com delivered:$34 billion in revenue, up 1.7%.$1.5 billion in operating income, up 12%.$0.69 in EPS, up 40%.$5.4 billion in free cash flow, up 52.7%.These results beat expectations, and the growth rates were higher than what Alibaba did in its December quarter (although the time period of these releases is non-identical).Now, let’s look at some performance metrics for the trailing 12 month period. According to Seeking Alpha Quant, JD did the following growth rates in the last 12 months:4.6% in revenue.105% in operating income.1000% in EPS.86% in free cash flow.Excellent growth, yet the stock price tanked. A price/performance divergence may be emerging. Finally, let’s look at the profitability metrics:Gross margin: 8.7%.EBIT margin: 2.5%.Net margin: 2.2%.Return on equity: 10.8%.Overall, JD is quite profitable. Its margins are not as good as Alibaba’s, but its ROE is actually slightly higher. On the whole, we would characterize JD as cheap, profitable and growing.The Bottom LineBefore concluding my analysis of JD, I should include a note on risk:JD’s margins are fairly slim, which means it wouldn’t take a very large decline in revenue or increase in costs to erase the company’s profits. This is a real risk to shareholders. However, those same slim margins could be thought of as a competitive advantage. The reason JD has slimmer margins than JD or BABA is because it holds most of its own inventory, and thus faces higher costs. That reduces profits but it also gives JD far more control over quality and delivery times than JD and PDD have, as it handles all shipping and logistics itself. Its competitors rely on third parties. It shouldn’t come as a surprise, then, that JD has a reputation for better quality control than Alibaba and PDD.Taking all of the above factors into consideration, I conclude that JD stock is a good value today. Cheap, profitable and growing, its extreme cheapness likely won’t last.","news_type":1},"isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272357631824160,"gmtCreate":1707531358876,"gmtModify":1707536056064,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"Alibaba is probably laughing at the dumpers(or dumbers)&nbsp;for the opportunity to buy back at such an rediculously&nbsp;low price","listText":"Alibaba is probably laughing at the dumpers(or dumbers)&nbsp;for the opportunity to buy back at such an rediculously&nbsp;low price","text":"Alibaba is probably laughing at the dumpers(or dumbers) for the opportunity to buy back at such an rediculously low price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272357631824160","repostId":"2410097232","repostType":2,"repost":{"id":"2410097232","pubTimestamp":1707517306,"share":"https://ttm.financial/m/news/2410097232?lang=&edition=fundamental","pubTime":"2024-02-10 06:21","market":"us","language":"en","title":"Alibaba Q3: Jack Ma And Joe Tsai Are Teaching The Market A Lesson","url":"https://stock-news.laohu8.com/highlight/detail?id=2410097232","media":"seekingalpha","summary":"Data by YCharts Previous coverage In my last work on Alibaba in November I called the e-commerce platform a capital return play because of the declaration of a $0.125 per ordinary share ordinary dividend. The new stock buyback of $25B is another reason to invest in Alibaba, in my opinion, as is momentum in Alibaba's non-China e-commerce business. The e-commerce company continued to generate a ton of free cash flow in the December quarter as well and with a low P/E ratio, accelerated stock buybacks make sense. Recent insider purchases by Jack Ma and Joe Tsai are very noteworthy as well, especially in the context of a falling stock price after Alibaba's earnings. Alibaba's FQ3: investors overreact to slowing top line growth Alibaba missed Q3 expectations on the top line by $215M for the fourth quarter reported on February 7th while its adjusted EPS fell short $0.01 per share of the average prediction…","content":"<html><body><ul><li>Alibaba's shares fell 6% after reporting results for the December quarter, raising concerns about the company's fundamentals related to a slow post-pandemic recovery in China.</li><li>Top line growth decelerated Q/Q, but the International Digital Commerce Group showed solid momentum with a 44% Y/Y increase in revenues.</li><li>Insider purchases by Jack Ma and Joe Tsai show investors where the smart money is flowing.</li><li>Alibaba announced a $25.0B stock buyback, highlighting its strong free cash flow.</li><li>Shares of Alibaba trade at a 13% earnings yield.</li></ul><p><figure><picture><img loading=\"lazy\" src=\"https://media.gettyimages.com/id/1144029246/photo/jack-ma-ceo-of-chinese-e-commerce-giant-alibaba-gestures-as-he-speaks-during-his-visit-at-the.jpg?b=1&amp;s=594x594&amp;w=0&amp;k=20&amp;c=99a-Dat_VPePnKG4t3-XFcr1sj2VWHw6b1CKqjW2IYs=\"/></picture><figcaption><p>PHILIPPE LOPEZ/AFP via Getty Images</p></figcaption></figure></p> <p>Shares of Alibaba Group Holding Limited (<span>NYSE:BABA</span>) fell 6% after the e-commerce company reported results for its December quarter which raised new concerns about the company's fundamentals, especially in China. However, Alibaba's earnings report showed a lot of<span> promise as well and the company tried to woo investors by announcing a $25B stock buyback upsize. While China's economy is expected to slow in 2024, I believe the company's free cash flow looks quite good, and the buyback could allow Alibaba to buy back about 13% of its outstanding shares. Jack Ma and Joe Tsai recently bought a ton of stock for Alibaba as well and investors better take note!</span></p> <p><figure><img height=\"366\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/2/8/saupload_ced714aa2a85402762b2f4ea16a12f59.png\" width=\"635\"/><figcaption>Data by YCharts</figcaption></figure></p> <h2><strong>Previous coverage</strong></h2> <p>In my last work on Alibaba in November I called the e-commerce platform a capital return play because of the declaration<span> of a $0.125 per ordinary share ordinary dividend. The new stock buyback of $25B is another reason to invest in Alibaba, in my opinion, as is momentum in Alibaba's non-China e-commerce business. The e-commerce company continued to generate a ton of free cash flow in the December quarter as well and with a low P/E ratio, accelerated stock buybacks make sense. Recent insider purchases by Jack Ma and Joe Tsai are very noteworthy as well, especially in the context of a falling stock price after Alibaba's earnings.</span></p> <h2><strong>Alibaba's FQ3: investors overreact to slowing top line growth</strong></h2> <p>Alibaba missed Q3 expectations on the top line by $215M for the fourth quarter reported on February 7th while its adjusted EPS fell short $0.01 per share of the average prediction… mainly because e-commerce growth has been slowing in China, affecting the company's largest business segment.</p> <p>Alibaba generated 5% consolidated top line growth in the December quarter and 260.3B Chinese Yuan ($36.7B) in total revenues. This marked a 4 PP deceleration compared to the previous quarter, however, as e-commerce broadly disappointed. Alibaba's e-commerce operations, which are consolidated in the Tmall and Taobao segments, generated only 2% top line growth in FQ3'24 compared to 4% growth in the prior quarter. The slowdown is due to economic headwinds in China and growing concerns over the property sector which have affected consumer confidence negatively. One of the largest property developers in China, Evergrande, recently was forced to liquidate its business due to a failure to restructure $300B in debt.</p> <p>Alibaba's Cloud segment also saw weak growth due to slower business spending and uncertainty about chip supplies. These trends were already visible in the preceding quarter and reason for Alibaba to delay its Cloud unit spin-off that I thought could be a catalyst and delay shares revaluing higher.</p> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/2/8/53926820-17073768357262971.jpeg\"/></span><figcaption><p>Alibaba</p></figcaption></figure></p> <h2><strong>$25B stock buyback upsize and enormous free cash flow value</strong></h2> <p>Possibly the biggest takeaway from Alibaba's fiscal third quarter earnings release on Wednesday, in addition to slowing e-commerce top line growth, was that the company announced a $25B increase in its stock buyback. The $25B buyback will allow Alibaba, at a current price of $73.64, to repurchase approximately 13% of its outstanding shares.</p> <p>The stock buyback is also backed by Alibaba's impressive free cash flow prowess which I believe many investors are still underestimating: Alibaba is enormously profitable on a free cash flow basis and generated 56.5B Chinese Yuan ($8.0B) in free cash flow just in the December quarter. Of this amount, Alibaba returned $2.9B via stock buybacks to shareholders which calculates to a free cash flow return percentage of 37%. In the first nine months of the current fiscal year, Alibaba repurchased $7.7B worth of shares which implies a 39% free cash flow return ratio.</p> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/2/8/53926820-17073768364213693.jpeg\"/></span><figcaption><p>Alibaba</p></figcaption></figure></p> <h2>AIDC momentum</h2> <p>While China's core e-commerce operations are disappointing and the outlook for China's economic growth is muted -- the IMF projects growth will slow from 5.2% in 2023 to 4.6% in 2024 -- Alibaba sees solid momentum for its e-commerce brands outside of China. These operations are concentrated in Alibaba's International Digital Commerce Group/AIDC which includes internationally-oriented shopping platform AliExpress, but also e-commerce brands Lazada, which operates in Southeast Asia, and Turkey-focused Trendyol.</p> <p>Revenues in this segment soared 44% year over year to 28.5B Chinese Yuan ($4.0B) chiefly due to AliExpress seeing 60% year-over-year order growth. This growth is due to the success of AliExpress Choice which presents shoppers with a curated list of top-selling products on its e-commerce platform. Alibaba's International Digital Commerce Group generated just about 10.1% of total revenues for Alibaba in the December quarter, so the segment is not nearly as important as the domestic e-commerce business… which achieved a top line share of 45.9%. But the AIDC segment is growing in importance -- the revenue share was just 7.5% in FQ3'23 -- and this is definitely a segment that is worth watching going forward.</p> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/2/8/53926820-17073768349560304.png\"/></span><figcaption><p>Alibaba</p></figcaption></figure></p> <h2><strong>Insider purchases investors should pay attention to</strong></h2> <p>Jack Ma, founder of Alibaba and former Chief Executive Officer, bought $50M worth of Alibaba shares recently while Alibaba co-founder and Chairman Joe Tsai made a $150M stock buy (Source). The insider purchases, which were made in the fourth quarter, signal not only confidence in Alibaba's growth prospects, but also in China's economy which has been struggling to rebound from devastating COVID-19 lockdowns. Since shares of Alibaba dropped 6% after earnings, I believe it is even more important to highlight these insider purchases.</p> <h2><strong>Alibaba is trading at an earnings yield of 13%</strong></h2> <p>Alibaba's shares have fallen from more than $300 in 2020 to just about $74 on Wednesday, showing a more than 75% decline in market value due to a number of factors such as a slowing economy in China during COVID-19, government crackdowns on China's largest tech companies, restructuring efforts and a delayed Cloud Intelligence Group spin-off. However, investors appear to be too negative about Alibaba and shares are selling at a distressed earnings multiplier of 7.9X… implying a massive 13% earnings yield.</p> <p>Amazon.com, Inc. (AMZN) -- which is seeing a major narrative shift due to its accelerating operating income growth in e-commerce -- is seeing a much higher P/E ratio of 32.2X and an earnings yield of 3.1%. The reason for this discrepancy is the high perceived risk of investing in China given the CCP's control over the economy.</p> <p>I don't believe a 7.9X P/E ratio is appropriate for Alibaba given that the company is generating ~$8B per quarter in free cash flow. I believe Alibaba could trade at a P/E ratio of 12-13X which is a reasonable P/E range for a profitable e-commerce company that is FCF profitable and grows its top line, in my opinion. Alibaba's implied fair value at this multiplier factor range is $111-120, implying up to 62% revaluation potential. This is a dynamic number and may rise and fall with Alibaba's e-commerce performance especially.</p> <p><figure><img height=\"366\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/2/8/saupload_312e2430bc2e629e5d0228252a04cf6c.png\" width=\"635\"/><figcaption>Data by YCharts</figcaption></figure></p> <h2><strong>Risks with Alibaba</strong></h2> <p>The biggest commercial risk that I see for Alibaba is that the company has e-commerce exposure mainly in China which makes Alibaba a fairly concentrated bet on the Chinese economy… which is unfortunately expected to see slowing growth in 2024 as the property sector remains a drag on consumer spending. Despite an e-commerce expansion drive into other markets such as Turkey and Southeast Asia, Alibaba's growth prospects will depend chiefly on the Chinese market. What would change my mind about Alibaba is if the company saw a growth deceleration in AIDC and weaker free cash flow.</p> <h2><strong>Final thoughts</strong></h2> <p>Jack Ma and Joe Tsai are willing to invest $200M into shares of Alibaba at a time of extreme investor hesitance, and they are teaching investors a lesson worth paying attention to: Chinese companies may not be as risky as they think, especially those companies that generate a ton of free cash flow and are growing their revenues internationally.</p> <div></div> <p>While Alibaba is disappointed with its top line growth in the December quarter, especially in domestic e-commerce, there are some bright spots like Alibaba's International Digital Commerce Group which is seeing massive momentum, driven by AliExpress. The real value for Alibaba lies in its significant free cash flow and buyback power, however: Alibaba's $25B stock buyback allows the company to buy back 13% of outstanding shares at the current price. Accelerated stock buybacks obviously make sense as Alibaba has a very low P/E ratio!</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Q3: Jack Ma And Joe Tsai Are Teaching The Market A Lesson</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Q3: Jack Ma And Joe Tsai Are Teaching The Market A Lesson\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-10 06:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4669159-alibaba-q3-jack-ma-and-joe-tsai-are-teaching-the-market-a-lesson><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba's shares fell 6% after reporting results for the December quarter, raising concerns about the company's fundamentals related to a slow post-pandemic recovery in China.Top line growth ...</p>\n\n<a href=\"https://seekingalpha.com/article/4669159-alibaba-q3-jack-ma-and-joe-tsai-are-teaching-the-market-a-lesson\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4535":"淡马锡持仓","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","BK4559":"巴菲特持仓","BK4538":"云计算","BABA":"阿里巴巴","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","BK4550":"红杉资本持仓","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","BK4566":"资本集团","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4558":"双十一","BK4122":"互联网与直销零售","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0918141887.USD":"安联亚洲实际收益股票基金","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4551":"寇图资本持仓","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU0079474960.USD":"联博美国增长基金A","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0109392836.USD":"富兰克林科技股A","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","AMZN":"亚马逊","BK4565":"NFT概念","09988":"阿里巴巴-W","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4554":"元宇宙及AR概念","LU1688375341.USD":"贝莱德中国灵活股票基金","BK4507":"流媒体概念","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0651946864.USD":"贝莱德新兴市场股票收益A2"},"source_url":"https://seekingalpha.com/article/4669159-alibaba-q3-jack-ma-and-joe-tsai-are-teaching-the-market-a-lesson","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2410097232","content_text":"Alibaba's shares fell 6% after reporting results for the December quarter, raising concerns about the company's fundamentals related to a slow post-pandemic recovery in China.Top line growth decelerated Q/Q, but the International Digital Commerce Group showed solid momentum with a 44% Y/Y increase in revenues.Insider purchases by Jack Ma and Joe Tsai show investors where the smart money is flowing.Alibaba announced a $25.0B stock buyback, highlighting its strong free cash flow.Shares of Alibaba trade at a 13% earnings yield.PHILIPPE LOPEZ/AFP via Getty Images Shares of Alibaba Group Holding Limited (NYSE:BABA) fell 6% after the e-commerce company reported results for its December quarter which raised new concerns about the company's fundamentals, especially in China. However, Alibaba's earnings report showed a lot of promise as well and the company tried to woo investors by announcing a $25B stock buyback upsize. While China's economy is expected to slow in 2024, I believe the company's free cash flow looks quite good, and the buyback could allow Alibaba to buy back about 13% of its outstanding shares. Jack Ma and Joe Tsai recently bought a ton of stock for Alibaba as well and investors better take note! Data by YCharts Previous coverage In my last work on Alibaba in November I called the e-commerce platform a capital return play because of the declaration of a $0.125 per ordinary share ordinary dividend. The new stock buyback of $25B is another reason to invest in Alibaba, in my opinion, as is momentum in Alibaba's non-China e-commerce business. The e-commerce company continued to generate a ton of free cash flow in the December quarter as well and with a low P/E ratio, accelerated stock buybacks make sense. Recent insider purchases by Jack Ma and Joe Tsai are very noteworthy as well, especially in the context of a falling stock price after Alibaba's earnings. Alibaba's FQ3: investors overreact to slowing top line growth Alibaba missed Q3 expectations on the top line by $215M for the fourth quarter reported on February 7th while its adjusted EPS fell short $0.01 per share of the average prediction… mainly because e-commerce growth has been slowing in China, affecting the company's largest business segment. Alibaba generated 5% consolidated top line growth in the December quarter and 260.3B Chinese Yuan ($36.7B) in total revenues. This marked a 4 PP deceleration compared to the previous quarter, however, as e-commerce broadly disappointed. Alibaba's e-commerce operations, which are consolidated in the Tmall and Taobao segments, generated only 2% top line growth in FQ3'24 compared to 4% growth in the prior quarter. The slowdown is due to economic headwinds in China and growing concerns over the property sector which have affected consumer confidence negatively. One of the largest property developers in China, Evergrande, recently was forced to liquidate its business due to a failure to restructure $300B in debt. Alibaba's Cloud segment also saw weak growth due to slower business spending and uncertainty about chip supplies. These trends were already visible in the preceding quarter and reason for Alibaba to delay its Cloud unit spin-off that I thought could be a catalyst and delay shares revaluing higher. Alibaba $25B stock buyback upsize and enormous free cash flow value Possibly the biggest takeaway from Alibaba's fiscal third quarter earnings release on Wednesday, in addition to slowing e-commerce top line growth, was that the company announced a $25B increase in its stock buyback. The $25B buyback will allow Alibaba, at a current price of $73.64, to repurchase approximately 13% of its outstanding shares. The stock buyback is also backed by Alibaba's impressive free cash flow prowess which I believe many investors are still underestimating: Alibaba is enormously profitable on a free cash flow basis and generated 56.5B Chinese Yuan ($8.0B) in free cash flow just in the December quarter. Of this amount, Alibaba returned $2.9B via stock buybacks to shareholders which calculates to a free cash flow return percentage of 37%. In the first nine months of the current fiscal year, Alibaba repurchased $7.7B worth of shares which implies a 39% free cash flow return ratio. Alibaba AIDC momentum While China's core e-commerce operations are disappointing and the outlook for China's economic growth is muted -- the IMF projects growth will slow from 5.2% in 2023 to 4.6% in 2024 -- Alibaba sees solid momentum for its e-commerce brands outside of China. These operations are concentrated in Alibaba's International Digital Commerce Group/AIDC which includes internationally-oriented shopping platform AliExpress, but also e-commerce brands Lazada, which operates in Southeast Asia, and Turkey-focused Trendyol. Revenues in this segment soared 44% year over year to 28.5B Chinese Yuan ($4.0B) chiefly due to AliExpress seeing 60% year-over-year order growth. This growth is due to the success of AliExpress Choice which presents shoppers with a curated list of top-selling products on its e-commerce platform. Alibaba's International Digital Commerce Group generated just about 10.1% of total revenues for Alibaba in the December quarter, so the segment is not nearly as important as the domestic e-commerce business… which achieved a top line share of 45.9%. But the AIDC segment is growing in importance -- the revenue share was just 7.5% in FQ3'23 -- and this is definitely a segment that is worth watching going forward. Alibaba Insider purchases investors should pay attention to Jack Ma, founder of Alibaba and former Chief Executive Officer, bought $50M worth of Alibaba shares recently while Alibaba co-founder and Chairman Joe Tsai made a $150M stock buy (Source). The insider purchases, which were made in the fourth quarter, signal not only confidence in Alibaba's growth prospects, but also in China's economy which has been struggling to rebound from devastating COVID-19 lockdowns. Since shares of Alibaba dropped 6% after earnings, I believe it is even more important to highlight these insider purchases. Alibaba is trading at an earnings yield of 13% Alibaba's shares have fallen from more than $300 in 2020 to just about $74 on Wednesday, showing a more than 75% decline in market value due to a number of factors such as a slowing economy in China during COVID-19, government crackdowns on China's largest tech companies, restructuring efforts and a delayed Cloud Intelligence Group spin-off. However, investors appear to be too negative about Alibaba and shares are selling at a distressed earnings multiplier of 7.9X… implying a massive 13% earnings yield. Amazon.com, Inc. (AMZN) -- which is seeing a major narrative shift due to its accelerating operating income growth in e-commerce -- is seeing a much higher P/E ratio of 32.2X and an earnings yield of 3.1%. The reason for this discrepancy is the high perceived risk of investing in China given the CCP's control over the economy. I don't believe a 7.9X P/E ratio is appropriate for Alibaba given that the company is generating ~$8B per quarter in free cash flow. I believe Alibaba could trade at a P/E ratio of 12-13X which is a reasonable P/E range for a profitable e-commerce company that is FCF profitable and grows its top line, in my opinion. Alibaba's implied fair value at this multiplier factor range is $111-120, implying up to 62% revaluation potential. This is a dynamic number and may rise and fall with Alibaba's e-commerce performance especially. Data by YCharts Risks with Alibaba The biggest commercial risk that I see for Alibaba is that the company has e-commerce exposure mainly in China which makes Alibaba a fairly concentrated bet on the Chinese economy… which is unfortunately expected to see slowing growth in 2024 as the property sector remains a drag on consumer spending. Despite an e-commerce expansion drive into other markets such as Turkey and Southeast Asia, Alibaba's growth prospects will depend chiefly on the Chinese market. What would change my mind about Alibaba is if the company saw a growth deceleration in AIDC and weaker free cash flow. Final thoughts Jack Ma and Joe Tsai are willing to invest $200M into shares of Alibaba at a time of extreme investor hesitance, and they are teaching investors a lesson worth paying attention to: Chinese companies may not be as risky as they think, especially those companies that generate a ton of free cash flow and are growing their revenues internationally.  While Alibaba is disappointed with its top line growth in the December quarter, especially in domestic e-commerce, there are some bright spots like Alibaba's International Digital Commerce Group which is seeing massive momentum, driven by AliExpress. The real value for Alibaba lies in its significant free cash flow and buyback power, however: Alibaba's $25B stock buyback allows the company to buy back 13% of outstanding shares at the current price. Accelerated stock buybacks obviously make sense as Alibaba has a very low P/E ratio!","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":269690832089320,"gmtCreate":1706851453460,"gmtModify":1706852745901,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"Big bubble forming?","listText":"Big bubble forming?","text":"Big bubble forming?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/269690832089320","repostId":"2408667242","repostType":2,"repost":{"id":"2408667242","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1706822460,"share":"https://ttm.financial/m/news/2408667242?lang=&edition=fundamental","pubTime":"2024-02-02 05:21","market":"hk","language":"en","title":"Meta's Stock Soars 14% on Big Revenue and Earnings Gains, Strong Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=2408667242","media":"Dow Jones","summary":"Facebook parent Meta Platforms Inc.'s stock soared 12% after hours Thursday on a surge in quarterly digital-advertising sales, and big beats on revenue and earnings.The company's board of directors also declared their first cash dividend of 50 cents a share, payable March 26.Meta  reported fiscal fourth-quarter net income of $14.02 billion, or $5.33 a share, compared with net income of $4.65 billion, or $1.76 a share, in the same quarter a year earlier.Revenue expanded 25% to $40.11 billion from $32.2 billion in the year-ago quarter.A bounce-back in advertising, the continued monetization of Instagram and Reels, and AI-fueled ad-targeting and measurement contributed to the quarter's performance. Meta's exemplary performance comes two days after a similarly strong quarter from Google parent Alphabet Inc.  .\"We had a good quarter as our community and business continue to grow,\" Meta Chief Executive Mark Zuckerberg said in a statement announcing the results. \"We've made a lot of progress ","content":"<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221789120923173915%22,%22type%22:1%7D\" title=\"Meta Q4 Earnings Conference Call\" target=\"_blank\">Meta Q4 Earnings Conference Call</a>】</p><p>Facebook parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc.&#39;s stock soared 14% after hours Thursday on a surge in quarterly digital-advertising sales, and big beats on revenue and earnings.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f82cc4b10082f013ea3c24daea496fd1\" tg-width=\"832\" tg-height=\"852\"/></p><p>The company&#39;s board of directors also declared their first cash dividend of 50 cents a share, payable March 26.</p><p>Meta (META) reported fiscal fourth-quarter net income of $14.02 billion, or $5.33 a share, compared with net income of $4.65 billion, or $1.76 a share, in the same quarter a year earlier.</p><p>Revenue expanded 25% to $40.11 billion from $32.2 billion in the year-ago quarter.</p><p>Analysts surveyed by FactSet had expected on average net income of $4.82 a share on revenue of $39.1 billion.</p><p>A bounce-back in advertising, the continued monetization of Instagram and Reels, and AI-fueled ad-targeting and measurement contributed to the quarter&#39;s performance. Meta&#39;s exemplary performance comes two days after a similarly strong quarter from Google parent Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> <a href=\"https://laohu8.com/S/GOOG\">$(GOOG)$</a>.</p><p>&#34;We had a good quarter as our community and business continue to grow,&#34; Meta Chief Executive Mark Zuckerberg said in a statement announcing the results. &#34;We&#39;ve made a lot of progress on our vision for advancing AI and the metaverse.&#34;</p><p>Meta executives forecast first-quarter revenue of between $34.5 billion and $37 billion, while analysts on average were expecting $33.9 billion, according to FactSet.</p><p>Facebook had 2.11 billion daily active users, up 6% from a year ago, and monthly active users improved 3% to 3.07 billion.</p><p>The company&#39;s year of efficiency also seems to have paid off: Headcount was slashed 22% to 67,317 in 2023.</p><p>Meta&#39;s stock improved 1.2% to $394.78 in Thursday&#39;s regular session. The stock has catapulted 109% over the past 12 months, while the broader S&amp;P 500 index SPX has increased 17%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta's Stock Soars 14% on Big Revenue and Earnings Gains, Strong Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeta's Stock Soars 14% on Big Revenue and Earnings Gains, Strong Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-02-02 05:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221789120923173915%22,%22type%22:1%7D\" title=\"Meta Q4 Earnings Conference Call\" target=\"_blank\">Meta Q4 Earnings Conference Call</a>】</p><p>Facebook parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc.&#39;s stock soared 14% after hours Thursday on a surge in quarterly digital-advertising sales, and big beats on revenue and earnings.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f82cc4b10082f013ea3c24daea496fd1\" tg-width=\"832\" tg-height=\"852\"/></p><p>The company&#39;s board of directors also declared their first cash dividend of 50 cents a share, payable March 26.</p><p>Meta (META) reported fiscal fourth-quarter net income of $14.02 billion, or $5.33 a share, compared with net income of $4.65 billion, or $1.76 a share, in the same quarter a year earlier.</p><p>Revenue expanded 25% to $40.11 billion from $32.2 billion in the year-ago quarter.</p><p>Analysts surveyed by FactSet had expected on average net income of $4.82 a share on revenue of $39.1 billion.</p><p>A bounce-back in advertising, the continued monetization of Instagram and Reels, and AI-fueled ad-targeting and measurement contributed to the quarter&#39;s performance. Meta&#39;s exemplary performance comes two days after a similarly strong quarter from Google parent Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> <a href=\"https://laohu8.com/S/GOOG\">$(GOOG)$</a>.</p><p>&#34;We had a good quarter as our community and business continue to grow,&#34; Meta Chief Executive Mark Zuckerberg said in a statement announcing the results. &#34;We&#39;ve made a lot of progress on our vision for advancing AI and the metaverse.&#34;</p><p>Meta executives forecast first-quarter revenue of between $34.5 billion and $37 billion, while analysts on average were expecting $33.9 billion, according to FactSet.</p><p>Facebook had 2.11 billion daily active users, up 6% from a year ago, and monthly active users improved 3% to 3.07 billion.</p><p>The company&#39;s year of efficiency also seems to have paid off: Headcount was slashed 22% to 67,317 in 2023.</p><p>Meta&#39;s stock improved 1.2% to $394.78 in Thursday&#39;s regular session. The stock has catapulted 109% over the past 12 months, while the broader S&amp;P 500 index SPX has increased 17%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2408667242","content_text":"【Meta Q4 Earnings Conference Call】Facebook parent Meta Platforms Inc.'s stock soared 14% after hours Thursday on a surge in quarterly digital-advertising sales, and big beats on revenue and earnings.The company's board of directors also declared their first cash dividend of 50 cents a share, payable March 26.Meta (META) reported fiscal fourth-quarter net income of $14.02 billion, or $5.33 a share, compared with net income of $4.65 billion, or $1.76 a share, in the same quarter a year earlier.Revenue expanded 25% to $40.11 billion from $32.2 billion in the year-ago quarter.Analysts surveyed by FactSet had expected on average net income of $4.82 a share on revenue of $39.1 billion.A bounce-back in advertising, the continued monetization of Instagram and Reels, and AI-fueled ad-targeting and measurement contributed to the quarter's performance. Meta's exemplary performance comes two days after a similarly strong quarter from Google parent Alphabet Inc. $(GOOGL)$ $(GOOG)$.\"We had a good quarter as our community and business continue to grow,\" Meta Chief Executive Mark Zuckerberg said in a statement announcing the results. \"We've made a lot of progress on our vision for advancing AI and the metaverse.\"Meta executives forecast first-quarter revenue of between $34.5 billion and $37 billion, while analysts on average were expecting $33.9 billion, according to FactSet.Facebook had 2.11 billion daily active users, up 6% from a year ago, and monthly active users improved 3% to 3.07 billion.The company's year of efficiency also seems to have paid off: Headcount was slashed 22% to 67,317 in 2023.Meta's stock improved 1.2% to $394.78 in Thursday's regular session. The stock has catapulted 109% over the past 12 months, while the broader S&P 500 index SPX has increased 17%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":247019399884832,"gmtCreate":1701345377748,"gmtModify":1701350032105,"author":{"id":"4159505662240392","authorId":"4159505662240392","name":"Song Di","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159505662240392","authorIdStr":"4159505662240392"},"themes":[],"htmlText":"If you know the pain, it can be easily rectified. There are quite many&nbsp;others who are exuberating without knowing the pain exists is a real cause for concern","listText":"If you know the pain, it can be easily rectified. There are quite many&nbsp;others who are exuberating without knowing the pain exists is a real cause for concern","text":"If you know the pain, it can be easily rectified. There are quite many others who are exuberating without knowing the pain exists is a real cause for concern","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/247019399884832","repostId":"2387482721","repostType":2,"repost":{"id":"2387482721","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1701313294,"share":"https://ttm.financial/m/news/2387482721?lang=&edition=fundamental","pubTime":"2023-11-30 11:01","market":"us","language":"en","title":"Alibaba Stock Drops. A Rival's Success Might Act as a Call for Action","url":"https://stock-news.laohu8.com/highlight/detail?id=2387482721","media":"Dow Jones","summary":"When things are going badly for you, the last thing you want to hear is a neighbor talking about how well they're doing. That's roughly the situation Alibaba finds itself in with respect to Chinese internet peer PDD Holdings.Alibaba is struggling to reassure investors about its strategy after dramatically abandoning a plan to spin off its cloud unit, apparently hit by U.S. controls on chip exports.Alibaba ADRs were down 2.6% at $74.74 in premarket trading Wednesday, having fallen 13% this year through Tuesday's close.Meanwhile, PDD, the owner of the Pinduoduo and Temu retail platforms, is wowing investors with its strong revenue growth, especially in the U.S. and other international markets.PDD's ADRs were down 0.5% in premarket trading, having risen 18% on Tuesday following its third-quarter earnings. Its American depositary receipts were up 70% this year through Tuesday's close.The feeling of divergence between the two Chinese e-commerce giants was reinforced by a post by Alibaba fou","content":"<html><head></head><body><p>When things are going badly for you, the last thing you want to hear is a neighbor talking about how well they&#39;re doing. That&#39;s roughly the situation Alibaba finds itself in with respect to Chinese internet peer PDD Holdings.</p><p>Alibaba is struggling to reassure investors about its strategy after dramatically abandoning a plan to spin off its cloud unit, apparently hit by U.S. controls on chip exports.</p><p>Alibaba ADRs were down 2.7% on Wednesday.</p><p>Meanwhile, PDD, the owner of the Pinduoduo and Temu retail platforms, is wowing investors with its strong revenue growth, especially in the U.S. and other international markets.</p><p>PDD&#39;s ADRs were up 1.96% on Wednesday following its third-quarter earnings.</p><p>The feeling of divergence between the two Chinese e-commerce giants was reinforced by a post by Alibaba founder Jack Ma on Wednesday in an internal staff forum, praising PDD&#39;s decision-making and execution but saying he was confident that Alibaba would change, in a comment seen by Barron&#39;s and translated using online tools.</p><p>Exactly what Ma&#39;s post means for Alibaba isn&#39;t clear. Ma is no longer involved in day-to-day running of Alibaba, having stepped down as chairman in 2019 and subsequently spent a period of months unreachable after Beijing regulators quashed plans for his fintech Ant Group to go public.</p><p>Alibaba stockholders will hope that it comes as a sign of determination to turn things round. Ma&#39;s post mentioned the promise of e-commerce powered by artificial intelligence, where Alibaba is aiming to stake out a leading position in the Chinese market.</p><p>However, it&#39;s not clear how well Alibaba can pursue its AI ambitions if it is prevented from buying the most advanced chips by U.S. restrictions. At the moment Alibaba seems to be mired in a price war with PDD&#39;s brands domestically, while struggling to match its explosive international growth -- that&#39;s a distinctly old fashioned type of retail competition and one it needs to get on top of quickly.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock Drops. A Rival's Success Might Act as a Call for Action</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock Drops. A Rival's Success Might Act as a Call for Action\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-11-30 11:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>When things are going badly for you, the last thing you want to hear is a neighbor talking about how well they&#39;re doing. That&#39;s roughly the situation Alibaba finds itself in with respect to Chinese internet peer PDD Holdings.</p><p>Alibaba is struggling to reassure investors about its strategy after dramatically abandoning a plan to spin off its cloud unit, apparently hit by U.S. controls on chip exports.</p><p>Alibaba ADRs were down 2.7% on Wednesday.</p><p>Meanwhile, PDD, the owner of the Pinduoduo and Temu retail platforms, is wowing investors with its strong revenue growth, especially in the U.S. and other international markets.</p><p>PDD&#39;s ADRs were up 1.96% on Wednesday following its third-quarter earnings.</p><p>The feeling of divergence between the two Chinese e-commerce giants was reinforced by a post by Alibaba founder Jack Ma on Wednesday in an internal staff forum, praising PDD&#39;s decision-making and execution but saying he was confident that Alibaba would change, in a comment seen by Barron&#39;s and translated using online tools.</p><p>Exactly what Ma&#39;s post means for Alibaba isn&#39;t clear. Ma is no longer involved in day-to-day running of Alibaba, having stepped down as chairman in 2019 and subsequently spent a period of months unreachable after Beijing regulators quashed plans for his fintech Ant Group to go public.</p><p>Alibaba stockholders will hope that it comes as a sign of determination to turn things round. Ma&#39;s post mentioned the promise of e-commerce powered by artificial intelligence, where Alibaba is aiming to stake out a leading position in the Chinese market.</p><p>However, it&#39;s not clear how well Alibaba can pursue its AI ambitions if it is prevented from buying the most advanced chips by U.S. restrictions. At the moment Alibaba seems to be mired in a price war with PDD&#39;s brands domestically, while struggling to match its explosive international growth -- that&#39;s a distinctly old fashioned type of retail competition and one it needs to get on top of quickly.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"89988":"阿里巴巴-WR","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","LU0163747925.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY A ACC","BK4581":"高盛持仓","LU0128522157.USD":"TEMPLETON ASIAN GROWTH \"A\" ACC","LU0348783233.USD":"安联东方收入型 CI A Dis美元","BK4504":"桥水持仓","LU0348784397.USD":"ALLIANZ ORIENTAL INCOME \"A\" (USD) ACC","LU2242644610.SGD":"Fidelity China Innovation A-ACC-SGD","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","PDD":"拼多多","LU0821914370.USD":"贝莱德亚洲成长领袖A2","IE00B5MMRT66.SGD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (SGDHDG) ACC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","IE00B543WZ88.USD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (USD) ACC","09988":"阿里巴巴-W","LU0029875118.USD":"TEMPLETON ASIAN GROWTH \"A\" INC","LU0029874905.USD":"TEMPLETON EMERGING MARKETS \"A\" INC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0052750758.USD":"富兰克林中国基金A Acc","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0128522744.USD":"TEMPLETON EMERGING MARKETS \"A\" ACC","LU0359201612.USD":"贝莱德中国基金A2","LU0229945570.USD":"TEMPLETON BRIC \"A\" (USD) ACC","LU0072462343.USD":"贝莱德亚洲巨龙基金","BK4575":"芯片概念","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","BK4509":"腾讯概念","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0228367735.SGD":"Eastspring Investments - Asian Equity Fund AS SGD","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","LU0048580855.USD":"富达大中华区A","BABA":"阿里巴巴","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4501":"段永平概念","BK4505":"高瓴资本持仓","BK4579":"人工智能","LU0293314216.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"A\" (USD) ACC","LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD","IE0032431581.USD":"PINEBRIDGE GREATER CHINA EQUITY \"A\" (USD) ACC","BK4503":"景林资产持仓","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","BK4502":"阿里概念","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU0048597586.USD":"富达亚洲焦点A","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2387482721","content_text":"When things are going badly for you, the last thing you want to hear is a neighbor talking about how well they're doing. That's roughly the situation Alibaba finds itself in with respect to Chinese internet peer PDD Holdings.Alibaba is struggling to reassure investors about its strategy after dramatically abandoning a plan to spin off its cloud unit, apparently hit by U.S. controls on chip exports.Alibaba ADRs were down 2.7% on Wednesday.Meanwhile, PDD, the owner of the Pinduoduo and Temu retail platforms, is wowing investors with its strong revenue growth, especially in the U.S. and other international markets.PDD's ADRs were up 1.96% on Wednesday following its third-quarter earnings.The feeling of divergence between the two Chinese e-commerce giants was reinforced by a post by Alibaba founder Jack Ma on Wednesday in an internal staff forum, praising PDD's decision-making and execution but saying he was confident that Alibaba would change, in a comment seen by Barron's and translated using online tools.Exactly what Ma's post means for Alibaba isn't clear. Ma is no longer involved in day-to-day running of Alibaba, having stepped down as chairman in 2019 and subsequently spent a period of months unreachable after Beijing regulators quashed plans for his fintech Ant Group to go public.Alibaba stockholders will hope that it comes as a sign of determination to turn things round. Ma's post mentioned the promise of e-commerce powered by artificial intelligence, where Alibaba is aiming to stake out a leading position in the Chinese market.However, it's not clear how well Alibaba can pursue its AI ambitions if it is prevented from buying the most advanced chips by U.S. restrictions. At the moment Alibaba seems to be mired in a price war with PDD's brands domestically, while struggling to match its explosive international growth -- that's a distinctly old fashioned type of retail competition and one it needs to get on top of quickly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}