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001122334455554433221100
001122334455554433221100

Alibaba sees mixed fund activity as US investors increase stakes

Alibaba (BABA) has seen significant U.S. fund inflows, with major investors like UBS O’Connor increasing their stakes dramatically, while Asian funds exited. Despite a recent dip, BABA is up 49.38% year-to-date and has an average analyst price target of $120.55, indicating a "buy" rating. The company is set to report earnings soon, with expectations of $3.03 per share on $38.82 billion in revenue.
benzinga.com/general/market-summary/25/02/43806017/alibabas-q4-shakeup-many-asian-funds-exit-while-us-based-funds-like-ubs-oconnor-marathon-assetmark-cantor-fitzgerald-double-down
Alibaba Group Holding Ltd. Assetmark Inc. Cantor Fitzgerald LP UBS O'Connor LLC Invesco QQQ Trust, Series 1 CHN HKG Howard Lutnick Show more
Finance & Economy, Market Report
08:40 19.02.2025
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