Wednesday, December 29, 2021 13:48:19 UTC
Alibaba may sell its 30% share in social media ad provider Weibo to state-owned Shanghai Media. Alibaba down 1% in premarket trading, while Weibo was down 0.3%.
Alibaba's first public offering (IPO) on the New York Stock Exchange raised $25 billion on September 19, 2014, giving the business a market value of $231 billion and making it the largest IPO in global history at the time.(More)
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Sat, Dec 18, 21
China chaos has some of Wall St. 'all in'
Saturday, December 18, 2021 00:48:57 UTC
From Evergrande to supply chain issues to Covid-19, the MSCI China Index is now behind the globe by 37 percentage points, the biggest gap since 1998.
Goldman Sachs, BlackRock, UBS and HSBC are all overweight on the China's equities. JPMorgan Chase's Marko Kolanovic recommends going "all in" on China in 2022, predicting the MSCI China will spike to 40%.(More)
CHINA CHAOS HAS SOME OF WALL ST. 'ALL IN'
Saturday, December 18, 2021 00:48:57 UTC
From Evergrande to supply chain issues to Covid-19, the MSCI China Index is now behind the globe by 37 percentage points, the biggest gap since 1998.
Goldman Sachs, BlackRock, UBS and HSBC are all overweight on the China's equities. JPMorgan Chase's Marko Kolanovic recommends going "all in" on China in 2022, predicting the MSCI China will spike to 40%.
#xin #xinyuanrealestatecoltd #yongzhang #china #goldmansachs #marko #kolanovic #msci