Straits Times Index
3,272.60 +13.46 (+0.41%) S&P 500
4,071.70 -4.87 (-0.12%) Dow
34,429.88 +34.88 (+0.10%) Nasdaq
11,461.50 -20.90 (-0.18%) BTC-USD
17,344.54 +316.65 (+1.86%) CMC Crypto 200
411.38 +9.96 (+2.48%)
BABA Jun 2023 255.000 put
| Previous close | 161.70 |
| Open | 161.70 |
| Bid | 161.40 |
| Ask | 163.00 |
| Strike | 255.00 |
| Expiry date | 2023-06-16 |
| Day's range | 161.70 - 161.70 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Motley Fool
Better Chinese Tech Stock: Pinduoduo vs. Bilibili
Pinduoduo's stock surged 13% on Nov. 28 after the Chinese e-commerce company's third-quarter numbers easily cleared analysts' expectations. Bilibili's stock soared 22% on Nov. 29 after the gaming, digital media, and e-commerce company's Q3 earnings also comforatably beat analysts' estimates. Is it safe to buy either of these Chinese tech stocks right now as their home market grapples with slowing economic growth, COVID-19 lockdowns, social unrest, and unpredictable crackdowns and regulations?
- Yahoo Finance Video
Alibaba, JD stocks rally on easing COVID restrictions in China
Yahoo Finance's Jared Blikre breaks down how Asia stocks are responding to news that China is easing COVID restrictions in Beijing.
- Motley Fool
Why Alibaba, Baidu, and Other Chinese Stocks Rallied on Wednesday
While there was some company-specific news, it appears the broader economic and regulatory developments ultimately drove the stocks higher. Today marked the second day of gains after Chinese officials responded to widespread demonstrations in China to protest lockdowns resulting from the government's zero-COVID policy. In a press conference on Tuesday, government health authorities announced steps to increase the vaccination rate among China's elderly population.
