[Rewards] Alibaba reports choppy Q1 FY24 earnings beat, new energy unleashed?
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KEY Figures:
● Total revenue grew by 14% year-on-year (YoY) to $32,29 billion, above the Refinitiv consensus estimates of $31.02 billion.
● Net income (attributable to ordinary shareholders) was $4.73 billion, above the Refinitiv consensus estimates of $3.95 billion, up 51% YoY. Non-...

Recently, major institutions filed 13F reports with the U.S. Securities and Exchange Commission (SEC), disclosing their holdings and the size of their positions in U.S. stocks during the fourth quarter.
It is worth noting that large Wall Street private equity funds are buying Chinese stocks on a large scale, and the allocation strategy for Chinese stocks has gradually shifted from [underweight] to [Neutral]!
Michae...

The Nasdaq Golden Dragon China Index which tracks US-listed Chinese companies has bounced nearly 50%^ from Oct 24, 2022.
^ Data as of 24/10/2022 - 01/11/2023, moomoo
Entering 2023, Alibaba has risen more than 30%^ so far since January 3. At the same time, NIO has gained 18.05%^.
^ Data as of 03/01/2023 - 11/01/2023, moomoo
How long will mid-cap stocks go after a multi-day surge?
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