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Tag Archives: alibaba

Chinese Political Makeup Stirs Massive Slump in Chinese Tech Stocks

While the stocks have a bearish sentiment at this time, the projection for the future has been keeping many investors optimistic about the Chinese markets.The current Chinese political makeup has stirred a massive slump in the stocks of the top tech companies in the country. After Monday’s trading session, the shares of Alibaba Group Holding Ltd (HKG: 9988) dropped 11.42% to HKD61.65, Tencent Holdings Ltd (HKG: 0700) slid by 11.43% to end the day at HKD206.20 while delivery giant, Meituan...

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Copyright: Alibaba startet NFT-Marktplatz

Der weltumspannende chinesische E-Commerce-Konzern Alibaba steigt in den Rechtehandel für geistiges Eigentum ein. Mit dem neuen Geschäftsbereich namens Blockchain Digital Copyright and Asset-Trade sollen Künstler die Nutzungsrechte an ihren Werken monetarisieren können, indem sie Lizenzen in Form nicht austauschbarer Tokens (NFT) an interessierte Investoren verkaufen. Der neugeschaffene Lizenzen-Marktplatz ist bereits über die allgemeine Alibaba-Auktionsplattform aufrufbar. Die...

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Alphabet (GOOGL) Stock Rose 1% Yesterday but Fell Around 3% in Pre-market Today

Alphabet (GOOGL) stock price has been topsy-turvy. This, however, doesn’t change the company’s profit outlook as investors expect increased demand due to the COVID-19 situation.Alphabet Inc (NASDAQ: GOOGL) stock prices have been volatile in recent times. Sources say that the technology giant’s stock has had a rough time. This has been mostly due to the COVID-19 situation. This hasn’t slowed the demand for Google’s products. Google which is Alphabet’s child company, has seen an increase in the...

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Alibaba and Tencent Stocks Thrive amid Coronavirus, China Aims to Become Stabilizing Force

Alibaba and Tencent stocks indicate resilience amid the coronavirus stock market effect. China, the first country to be hit by the deadly coronavirus in early December, now aims to be a stabilizing force in the global market.Coronavirus has almost become the order of the day in mainstream media since it was first reported in Wuhan, China. The virus has pushed beyond the ground zero to infect countries almost in all continents. As a result, it’s not only the human health status that has been...

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