Tag: Alibaba
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Billionaire Investor Trims Alibaba After Saying Buy ‘Everything’ China
(Bloomberg) -- Turns out that Billionaire investor David Tepper, who said recently he would buy “everything” China-related amid Beijing’s stimulus...
Michael Burry Boosts China Stakes But With Cautious Hedges
(Bloomberg) -- Michael Burry, the hedge fund manager famous for his 2008 bet against the US housing market, further increased...
Wallets ‘bleed out’ as the world’s largest shopping festival kicks off
"A war is afoot", "hand chopping", "bleed out" and "killing spree" — these seemingly violent terms are frequently seen on Taiwan's news pages and...
Alibaba to pay $433.5 million to settle shareholder lawsuit over monopoly claims
(Reuters) - China's Alibaba said on Friday it had agreed to pay $433.5 million to settle a U.S. class-action lawsuit...
Lack of China Tech Short Covering Means Rally Is Fresh Buying
(Bloomberg) -- Chinese tech stocks have had a tremendous rally since the nation announced its stimulus spree. And this time, it may be real.Most...