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21.08.26 - 17:48
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Alibaba Sinks 7% as a 75% Capex Surge Swallows 45% Cloud Growth; Baidu Ticks Up (24/7 Wall St.)
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Friday's action in Chinese internet stocks is an Alibaba-specific repricing, not a sector selloff. The proof sits with peers, where the benchmark ETF and largest e-commerce competitors are barely moving while Alibaba absorbs the reaction to its AI infrastructure bill. Alibaba (NYSE:BABA) stock is down 7% to $121.17 in Friday morning trading, reversing Thursday's rally ... Alibaba Sinks 7% as a 75% Capex Surge Swallows 45% Cloud Growth; Baidu Ticks Up...
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21.08.26 - 12:30
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HKD1.3B Southbound Trading Net Outflow from BABA-W (AAStocks)
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There was HKD480 million, HKD33.3 million and HKD17.8 million Southbound Trading net inflow to MINIMAX-W (00100.HK), YOFC (06869.HK) and POP MART (09992.HK).There was HKD1.3 billion, HKD718.7 million and HKD703 million Southbound Trading net outflow from BABA-W (09988.HK), XIAOMI-W (01810.HK) and TENCENT (00700.HK).For Southboun......
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