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Golden Dragon China Invesco ETF
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Alibaba Boosts E-Commerce Edge with AI, Despite Shrinking Market Share
May 17, 2024
Alibaba Group uses AI to stay competitive in Chinese e-commerce market. Wenwen chatbot gives personalized recommendations. Net profit up, stock down.
Via
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Artificial Intelligence
Exposures
Artificial Intelligence
Baidu's Q1 Earnings: Revenue and EPS Beat, CEO Highlights Gen-AI's Role in Transforming Everyday Life
May 16, 2024
Baidu's Q1 2024 revenue growth beat analyst estimates, driven by AI Cloud business. Adjusted earnings per ADS also surpassed expectations.
Via
Benzinga
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Exposures
Artificial Intelligence
JD.com's Q1 Earnings: Revenue And EPS Beat, Adj. EBITDA Growth, CEO Credits Focus on User Experience And More
May 16, 2024
JD.com reported Q1 2024 results, with revenue of $36.02B beating expectations and adjusted net income per ADS of $0.78. Stock gained after results.
Via
Benzinga
Alibaba Stock Dips as Huge Investment Losses In Q4 Overshadow Revenue Growth and Dividend
May 14, 2024
Alibaba Group reported lower stock after Q4 2023 results, with $30.73B revenue and $1.40 EPS. Strong growth in Taobao, Tmall, and Cainiao.
Via
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Tech Stocks Inch Higher Ahead Of Key Inflation Data, GameStop Skyrockets, Tencent Fuels China Rally: What's Driving Markets Monday?
May 13, 2024
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Via
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Economy
Exposures
Interest Rates
Why Is Tencent Music Stock Trading Higher on Monday?
May 13, 2024
Tencent Music Group (NYSE: TME) exceeded analyst estimates with a Q1 revenue decline of 3.4%, driven by growth in online music services and higher gross margins.
Via
Benzinga
Alibaba Backs China's AI Startups with Cloud Credits, Eyeing Leadership in Global AI Race
May 13, 2024
Alibaba invests in China's AI start-ups through cloud computing resources, following a similar strategy to Microsoft's OpenAI. Stock price at $80.04.
Via
Benzinga
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Alibaba's New AI Model Claims to Beat OpenAI's GPT-4 in Language Skills
May 09, 2024
Alibaba Cloud unveils new large language model Qwen2.5, surpassing OpenAI's GPT-4 in language creation but excelling in other areas.
Via
Benzinga
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Exposures
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Chinese Stocks Surge As Investors Bet On Economic Turnaround: 7 ETFs To Watch
May 08, 2024
Chinese stocks have rallied 19% from 2024 lows, fueled by economic recovery & improved private sector activity. Overestimation of recovery is a risk.
Via
Benzinga
Topics
ETFs
Alibaba's To Overhaul Taobao In Strategic Move to Reclaim E-commerce Dominance
May 07, 2024
Alibaba revamps Taobao webpage ahead of China's 618 shopping festival to improve user experience. This is part of a larger effort to attract new users and regain a leading position in the competitive...
Via
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Tesla Rival Nio To Roll Out Mass-Market EV Brand In May: Report
May 07, 2024
Nio Inc's expansion strategy gains momentum with the imminent launch of its mass-market EV model, targeting affordability without compromising quality. CEO William Li's confirmation of the Onvo...
Via
Benzinga
Jack Ma Backed Ant Group's Alipay+ Broadens Payment Reach Across Continents: How It's Shaping Global Commerce?
May 06, 2024
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Via
Benzinga
After Nvidia and Apple, Alibaba Chases Vietnam: New Data Center to Boost Control and Meet Local Laws
May 01, 2024
Alibaba to build data center in Vietnam to comply with local storage law and meet demand. Other tech firms also diversifying to Vietnam.
Via
Benzinga
Why NIO Shares Are Gaining Today
May 01, 2024
NIO shares surge as April deliveries soar 134.6% YoY, reaching 15,620 vehicles, while unveiling the ET7 sedan and forging a strategic partnership with Lotus Technology.
Via
Benzinga
Alibaba's Taobao Launches 3D Shopping App for Apple's Vision Pro - A New Era for Online Retail in China
April 19, 2024
Alibaba introduces shopping app for Apple's VR headset, gaining positive feedback from early Chinese adopters. Stock down 26% in past 12 months.
Via
Benzinga
What's Going On With Alibaba Stock Thursday?
April 11, 2024
Alibaba ($BABA) stock rose as Jack Ma expressed support for company restructuring and urged employees to embrace AI. Stock down 25% in 12 months.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
What's Going On With Alibaba Stock Wednesday?
April 10, 2024
Jack Ma leads restructuring of Alibaba to rejuvenate the company. In a rare public gesture, he praises rejuvenation efforts and encourages employees to remain steadfast. Stock price rises.
Via
Benzinga
US Embargo On Nvidia Stings Hard, China's AI Development Lags Peers: Alibaba's Joe Tsai Reveals
April 08, 2024
Alibaba co-founder Joe Tsai says China is 2 years behind US in AI development due to technology restrictions. Companies seek alternatives to circumvent limitations.
Via
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Alibaba's Bold Actions - $4.8B Stock Repurchase and Revolutionary One-Hour Global Delivery Plan
April 03, 2024
Alibaba Group boosts its share buy-back program to $4.8 billion, marking its boldest move since 2021 to counter stock downturns. The e-commerce giant surpasses its 3% target, repurchasing 524 million...
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What's Going On With Chinese EV Stocks XPeng & NIO on Tuesday?
April 02, 2024
Chinese EV giants XPeng and NIO experience premarket declines despite positive delivery figures, reflecting ongoing volatility in the sector.
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Alibaba Cloud's Livestream Event Draws Millions, Sparks Cloud Computing Price War
April 01, 2024
Alibaba Cloud, the cloud computing branch of Alibaba Group, captured the attention of over 2.3 million viewers.
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Alibaba's Logistics Arm Cainiao Boosts Employee Bonuses, Plans Major Incentive Overhaul
March 27, 2024
Cainiao Smart Logistics Network, owned by Alibaba, plans to double employee bonuses after IPO was scrapped. Alibaba focuses on global expansion.
Via
Benzinga
Topics
Initial Public Offering
Exposures
Securities Market
Why Is NIO Stock Trading Lower Today?
March 27, 2024
NIO stock plunges 4% in premarket trading as the company slashes Q1 delivery outlook despite maintaining revenue target.
Via
Benzinga
Alibaba Halts Ling Shou Tong Operations, Proposes $3.75B Cainiao Share Purchase Amid Global Expansion Plans
March 26, 2024
Alibaba Group and its logistics subsidiary, Cainiao, have withdrawn their IPO application and offered to buy back shares from minority shareholders for up to $3.75B. Integration with e-commerce...
Via
Benzinga
Topics
Initial Public Offering
Exposures
Securities Market
Alibaba Hits Pause on Retail Platform to Reinvent Business Strategy and Dive into AI
March 25, 2024
Alibaba halts operations of LST platform, attributing it to business adjustments. It plans to introduce new RISC-V processor to counter US export controls.
Via
Benzinga
Why Is Baidu Stock Trading Higher Monday?
March 25, 2024
Baidu stock rises on after reports on partnership with Apple for AI services on China products. Approval for AI models boosts Baidu's prominence.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Why Is Baozun Stock Trading Lower Today?
March 21, 2024
Baozun reported Q4 revenue of RMB2.78 billion, beating consensus. Adjusted EPS was $0.07. Total revenues increased due to new business launch.
Via
Benzinga
Alibaba's Strategic Shift - New CEO for Grocery Arm and Bold Move to Enhance HarmonyOS with Huawei
March 18, 2024
Alibaba Group's grocery division, Freshippo, undergoes leadership change with CFO taking over as CEO. Alibaba also partners with Huawei for HarmonyOS app development.
Via
Benzinga
Alibaba Invests $1.1B in South Korea to Boost Logistics
March 14, 2024
Alibaba plans to invest $1.1 billion in South Korea for logistics center and business expansion. Data protection investigation adds scrutiny. BABA shares rise.
Via
Benzinga
Alibaba's Gaming Division Ushers in Youthful Leadership for a Fresh Era
March 08, 2024
Alibaba's gaming division undergoes leadership change to infuse younger management, aligning with company's strategy and broader restructuring.
Via
Benzinga
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