Elizia
voted
$Sea(SE.US$ Despite that, last evening remain bullish.
Where will SE be as we approach the earning report?
Where will SE be as we approach the earning report?
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Elizia
liked
$Palantir (PLTR.US)$ that drop was just smart money getting in at a lower price. See you all on the ride up.
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Elizia
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1. Alibaba Cuts Stakes to Raise Cash amid Regulatory Landscape
- Alibaba plans to sell 25 million Xpeng Inc. shares, raising $391 million, reducing its stake from 10.2% to 7.5%.
- It also trims GOGOX stake by 4.7 million shares, decreasing Alibaba's stake to 10.42%.
- China's State Council announces stricter rules for non-bank payment institutions effective May 1, 2024.
- Regulatory uncertainties may delay Ant Group's spin-off.
$BABA-SW(09988.HK$ $Alibaba(BABA.US$ $XPeng(XPEV.US$ $XPENG-W(09868.HK$ $GOGOX(02246.HK$
- Alibaba plans to sell 25 million Xpeng Inc. shares, raising $391 million, reducing its stake from 10.2% to 7.5%.
- It also trims GOGOX stake by 4.7 million shares, decreasing Alibaba's stake to 10.42%.
- China's State Council announces stricter rules for non-bank payment institutions effective May 1, 2024.
- Regulatory uncertainties may delay Ant Group's spin-off.
$BABA-SW(09988.HK$ $Alibaba(BABA.US$ $XPeng(XPEV.US$ $XPENG-W(09868.HK$ $GOGOX(02246.HK$