Alibaba Group Holding Limited (BABA)
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Alibaba Group Holding Limited (BABA)
Alibaba Group Holding Limited (BABA)
Alibaba Group Holding Limited (BABA)
Morgan Stanley Was One Of The Biggest Margin-Loan Providers To Luckin Coffee's Founder
Morgan Stanley Was One Of The Biggest Margin-Loan Providers To Luckin Coffee's Founder Among the banks who made margin loans to Luckin Coffee's founder, one stands out in particular: Morgan Stanley. Morgan Stanley was part of a consortium of banks that extended loans to Lu Zhengyao across three different funding rounds. Morgan Stanley is said to have put up about $100 million of a total of over $340 million in loans. Credit Suisse Group AG and Haitong International Securities Group were also named as lenders. The recent fraud allegations at the company caused the loans to default, according to Bloomberg . Additionally Goldman Sachs said that an entity controlled by Lu's trust reneged on $518 million of margin debt and that lenders had seized up to 76.4 million LK shares as a result. It's unclear whether or not the shares have been sold yet. Goldman and Barclays' were said to have about $70 million in exposure, each, to the loans. Credit Suisse and other banks that helped the company IPO and subsequently helped it raise convertible debt, have been sued as a result of the stock plunge.
5 Top Stock Trades for Thursday: PINS, BABA, SNAP, BIDU, BBBY | InvestorPlace
Snap, Pinterest, Bed Bath & Beyond, Baidu and Alibaba were our top stock trades for Thursday. That said, here's a look at the charts.
In Case Alibaba Is Next
A recurrent theme this year has been bad news out of China. First, and most obviously, the novel coronavirus; then equipment China sent to other… The post In Case Alibaba Is Next appeared first on ValueWalk .
Cheaper loans, delayed payments: online lenders do their bit to help SMEs in Hubei rebuild after coronavirus outbreak
Online lenders in China are extending lifelines to small businesses in Hubei to help them get back on their feet as normalcy returns to the original epicentre of the coronavirus outbreak after over two months of lockdown.MYbank, an internet-only lender backed by e-commerce giant Alibaba Group Holding, on Wednesday waived first-month interest for micro merchants applying for loans in Wuhan, the capital of the central Chinese province and reduced the interest rate by a fifth for business owners…
Overview of how apps from Baidu, Alibaba, Tencent, and others are helping users in China check their exposure, get care, and more during the COVID-19 outbreak (Dan Grover)
Dan Grover : Overview of how apps from Baidu, Alibaba, Tencent, and others are helping users in China check their exposure, get care, and more during the COVID-19 outbreak — Summary: China's apps played a pivotal role in supporting some of the most effective tactics the country used in fighting Covid-19 …
Chinese e-commerce giants offer support for SMEs hit by pandemic
Chinese e-commerce giants Alibaba and JD.com extend support to SMEs as the economy shows signs of recovery after the coronavirus pandemic.
A NYC hospital has figured out how to turn sleep apnea machines it got from Elon Musk into ventilators for coronavirus patients
New York is running short on ventilators, the breathing machines that could be the difference between life and death for some coronavirus patients . Mount Sinai Hospital in Manhattan has figured out a way to turn sleep apnea machines into ventilators after receiving a donation from Tesla CEO Elon Musk in late March Dr. Hooman Poor, who helped convert the machines, told Business Insider that after a few tweaks, "there was really no reason why this couldn't work." Instructions and protocols developed by the hospital to modify and use these machines have now been shared with other hospitals around the state and country Read live updates about the coronavirus here New York is running out of ventilators. To address the shortage, doctors are getting creative. At Mount Sinai Hospital in Manhattan, a team of healthcare workers developed a way to turn sleep apnea machines, devices typically used to help people who have trouble breathing while they're asleep, into ventilators. The hospital received a donation of 200 sleep apnea machines from Tesla CEO Elon Musk in late March.
As China lifts its coronavirus lockdowns, authorities are using a color-coded health system to dictate where citizens can go. Here's how it works.
Provinces and cities across China are slowly lifting their strict coronavirus lockdown measures. Wuhan, where the coronavirus broke out, plans to end its lockdown on April 8 . Local authorities are trying to prevent further spread by controlling citizens' movements via smartphone software installed in WeChat and Alipay, two popular instant-messaging and online payment apps. After people fill out a quick health survey, the software issues them with a colored health code — green, yellow, or red — which dictates whether they can leave the house and where they can go. Officials manning various checkpoints across the country are checking people's health apps to see where they are allowed to go. Anyone with a green code is free to travel. But Western nations are critical of this mass surveillance tool and questioning what else the data is being used for. Scroll down to see how it works. Visit Business Insider's homepage for more stories . As provinces and cities across China gradually roll back their coronavirus lockdown measures, authorities trying to prevent another outbreak are using smartphone software to monitor citizens' health and dictate where they go.
CTC Capital Leads $58M Series E Round In Chinese Voice Recognition Firm AISpeech
AISpeech, a Chinese artificial intelligence company focused on voice recognition, has completed a RMB410 million (US$58 million) series E round of financing, led by CTC Capital. BAIC Capital and Goldstone Investment also participated in the round. Founded in 2007, AISpeech has received five rounds of financing. Investors include Oriza Holdings, Alibaba, MediaTek, Shenzhen Venture Capital, […] CTC Capital Leads $58M Series E Round In Chinese Voice Recognition Firm AISpeech comes from China Money Network : Primary Data for China's Primary Markets! All Rights Reserved.
Apple, Amazon, YouTube and Others to Live Stream 'One World: Together At Home' Virtual Concert
Global Citizen and the World Health Organization have teamed up to create a "One World: Together at Home" global special to support the fight against COVID-19. The special is set to be broadcast live on Saturday, April 5 and 5:00 a.m. Pacific Time/8:00 p.m. Eastern Time on ABC, NBC, and CBS, plus it will be streamed by Apple, Amazon Prime Video, Alibaba, Facebook, Instagram, LiveXLive, Tencent, Tencent Music Entertainment Group, TIDAL, TuneIn, Twitch, Twitter, Yahoo, and YouTube. It's not clear how Apple will stream the event, but the company could add a special channel to the Apple TV as well as offering the live stream on its website. The virtual broadcast will show unity among all people who are affected by COVID-19, as well as celebrating and supporting the brave frontline health care workers around the world who are doing incredible, life-saving work. Lady Gaga, Elton John, Lizzo, John Legend, Keith Urban, and more are set to perform during the event, and there will be appearances by David Beckham, Idris Elba, and others.
Alibaba Group Holding (BABA) earnings: expect 37% revenue growth
Alibaba Group Holding Limited (BABA) is announcing earnings on May 15, 2019. What should you expect?
Alibaba (BABA) earnings: negative sentiment, despite strong growth
Alibaba Group Holding Limited (BABA) shares are trading at $140, up 3%. The company is announcing its quarterly earnings results on Friday before the market opens. What's driving Alibaba stock price? What's BABA stock price forecast?
JD.com (JD) stock: is the dip worth buying?
JD.com, Inc. (JD) shares are trading at $27.00, up 2%. What's driving JD stock price? What's JD stock price forecast?
Alibaba (BABA) stock: massive growth is possible
Alibaba Group Holding Limited (BABA) shares are trading at $178, up 0.12%. The company will report fiscal first-quarter earnings before the US market opens on Thursday. What's driving BABA stock price? What's BABA stock price forecast?
YY stock: a great buy or a risky value proposition?
YY Inc. (YY) shares are trading at 74.09, up 2.50%. What's driving YY stock price? What's YY stock price forecast?
Is Baozun (BZUN) overbought at this point?
Baozun Inc. (BZUN) shares are trading at 51.64, down -7%. There are no apparent news driving the price drop; however, the company is set to report earnings tomorrow. What's BZUN stock price forecast, and what are investors speculating?
Baidu (BIDU) earnings preview: aggressively expanding into non-search areas
Baidu, Inc. (BIDU) is expected to report earnings on July 31 after market close. What are BIDU earnings expectations? What news will the market be watching out for?
Baidu (BIDU): the bull case
Baidu is up over 5% in today's trading. The stock has recovered from recent lows, which occurred because of tariff concerns spurred by the recent political rhetoric between the US and China. What is the BIDU stock forecast?
Alibaba's Phenomenal Retail Platform
Alibaba's core retail platform that stood out to us during its second-quarter update. There are two important points you should understand about it...
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