에 대한 최신 뉴스 Alibaba Gr Hldgs (NYSE:BABA) 주식

Alibaba Gr Holding

Alibaba Group Holding

Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume. It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). The China commerce retail division is the most valuable cash flow-generating business at Alibaba. Additional revenue sources include China commerce wholesale, international commerce retail/wholesale, local consumer services, cloud computing, digital media and entertainment platforms, Cainiao logistics services, and innovation initiatives/other.

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최근에 마이크로소프트 (NASDAQ:MSFT)의 후원을 받은 OpenAI가 7월부터 중국의 도구 및 소프트웨어 접근을 제한할 계획을 공식으로 발표했다고 합니다.  



무슨 일이 있었나: ChatGPT의 창조자인 OpenAI는 화요일 블룸버그의 보도에 따르면 인터넷 기사의 스크린샷에 따르면 OpenAI는 여러 지역의 개발자들에게 한 통의 메모를 보내 움직임의 의도를 전달했습니다. 이러한

ChatGPT-Maker OpenAI, 증가하는 긴장 상황에 따라 중국 내에서 AI 도구에 대한 접근을 제한하기로 결정했다고 보고했다.

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혼합 현실 비전 프로(Vision Pro) 헤드셋의 시장 성공을 높이기 위해 애플(NASDAQ:AAPL)은 지원되는 애플리케이션 목록에 중국 최대 온라인 소매업체 두 곳을 추가했다.

애플은 중국에서 비전 프로 앱에 알리바바와 JD를 추가

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APPL

인공 지능(AI)에 대한 애플(NASDAQ:APPL)의 야심 찬 벤처는 이 거대 기술 기업의 핵심 시장인 중국에서 심각한 도전에 직면하고 있다. 무슨 일이 (What Happened): CNBC는 음성 비서 시리(Siri)의 업그레이드 버전을 포함한 애플의 AI 확장이 중국의 엄격한 AI 규정으로 인해 방해를 받고 있다고 보도했다.

애플의 AI 추진은 엄격한 규제와 현지 경쟁자들의 부상으로 중국에서 어려움에 직면

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share

Alibaba Group Holding Ltd

ALIBABA GROUP HOLDING LTD by Alibaba Group Holding Limited

Futu Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>) stock is trading higher on Wednesday, thanks to Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) leading a <a href="https://www.benzinga.com/news/24/07/39615452/whats-going-on-with-alibaba-stock-on-wednesday" target="_blank" rel="noreferrer noopener">tech rally in Hong Kong</a>.
The online brokerage and wealth management platform also announced Wednesday that its wealth management business has surpassed $10 billion in <a href="https://www.benzinga.com/pressreleases/24/07/g39612305/futu-announces-its-wealth-management-business-surpassing-10-billion-in-aum" target="_blank" rel="noreferrer noopener">assets under management</a>.
Futu&#8217;s wealth management platform offers mutual funds, private funds, bonds, and structured notes to Hong Kong and Singapore clients.
Futu Holdings stock gained 66% in the last 12 months. Investors can gain exposure to the Chinese equity market via iShares China Large-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>) and KraneShares Trust KraneShares CSI China Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NYSE">KWEB</a>).
Price Action:&nbsp;FUTU shares traded higher by 3.23% at $68.21 at the last check Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/politics/24/07/39585140/marjorie-taylor-greene-buys-cybersecurity-stock-owned-by-nancy-pelosi-why-trade-could-draw-red-f" target="_blank" rel="noreferrer noopener">Marjorie Taylor Greene Buys Cybersecurity Stock Owned By Nancy Pelosi: Why Trade Could Draw Red Flags</a></li>
</ul>

FUTU

KWEB

Alibaba Leads Hong Kong Tech Rally: What's Going On With Futu Holdings Stock Wednesday?

Alibaba Group Holding Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) led a tech rally in Hong Kong, pushing stocks higher for the third consecutive day.
The company marked its best performance in seven weeks after announcing $5.8 billion in share buy-backs last quarter.
"Sentiment is stabilizing following the consolidation from a May peak," SCMP <a target="_blank" href="https://www.scmp.com/business/markets/article/3268951/hong-kong-shares-boosted-tech-sector-gains-gains-capped-services-activity-slowdown" rel="noreferrer noopener">cited</a> analysts at Huatai Securities.
They added that despite differing market views, southbound flows should continue to support the market.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/24/06/39549709/alibaba-to-close-data-centers-in-australia-and-india-divert-investments-to-southeast-asia-and-mexico" rel="noreferrer noopener">Alibaba To Close Data Centers in Australia And India, Divert Investments To Southeast Asia And Mexico</a>
Investor enthusiasm was dampened by a report indicating that China's services activity grew slowly in eight months.
On a separate note, Alibaba has become a new shareholder of OceanBase, the database company founded by its fintech affiliate, Ant Group. This move comes as OceanBase overhauled its shareholding structure and spun off into a separate entity, SCMP <a target="_blank" href="https://www.scmp.com/tech/big-tech/article/3268913/chinese-fintech-giant-ant-group-spins-database-firm-oceanbase-giving-alibaba-stake" rel="noreferrer noopener">reports</a>.
Prominent Chinese venture capital firms joined OceanBase's latest funding round last Saturday.
Ant announced its plan to make OceanBase one of three independent business units alongside Ant International and Ant Digital Technologies in March.
In January 2023, Ant Group also announced plans to dilute Jack Ma's voting power to make China's largest fintech firm more transparent and diversified, a crucial step to reviving its IPO plans.
Alibaba stock lost over 12% in the last 12 months as it battled intense domestic competition and its cloud and logistic unit IPO plans <a target="_blank" href="https://www.benzinga.com/news/24/03/37966074/alibabas-strategy-shift-aims-for-turnaround-with-enhanced-logistics-and-share-buybacks-earns-analyst" rel="noreferrer noopener">succumbed to market weakness</a>.
Price Action: BABA shares traded higher by 0.71% at $74.20 premarket at the last check on Wednesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/markets/asia/24/07/39578480/alibaba-capitalizes-on-uefa-euro-2024-to-boost-european-market-presence" target="_blank" rel="noreferrer noopener">Alibaba Capitalizes On UEFA Euro 2024 To Boost European Market Presence</a></li>
</ul>
Photo via Shutterstock

Media

What's Going On With Alibaba Stock On Wednesday?

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/05/24</td>
<td>$230.00</td>
<td>$54.5K</td>
<td>17.0K</td>
<td>247.4K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/05/24</td>
<td>$200.00</td>
<td>$35.8K</td>
<td>31.4K</td>
<td>112.9K</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$146.00</td>
<td>$75.8K</td>
<td>1.0K</td>
<td>1.5K</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$75.00</td>
<td>$111.8K</td>
<td>5.7K</td>
<td>652</td>
</tr>
<tr>
<td>F</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$14.17</td>
<td>$59.1K</td>
<td>43.5K</td>
<td>625</td>
</tr>
<tr>
<td>RIVN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$15.00</td>
<td>$26.7K</td>
<td>14.9K</td>
<td>530</td>
</tr>
<tr>
<td>BBY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/05/24</td>
<td>$82.00</td>
<td>$30.7K</td>
<td>41</td>
<td>403</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$90.00</td>
<td>$30.2K</td>
<td>1.4K</td>
<td>206</td>
</tr>
<tr>
<td>ABNB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$140.00</td>
<td>$46.7K</td>
<td>617</td>
<td>76</td>
</tr>
<tr>
<td>FIVE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$100.00</td>
<td>$35.5K</td>
<td>90</td>
<td>70</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on July 5, 2024. This event was a transfer of 176 contract(s) at a $230.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $54.5K, with a price of $310.0 per contract. There were 17004 open contracts at this strike prior to today, and today 247439 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option trade that happens to be bearish, expiring in 3 day(s) on July 5, 2024. This event was a transfer of 199 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $35.8K, with a price of $180.0 per contract. There were 31483 open contracts at this strike prior to today, and today 112984 contract(s) were bought and sold. 
• Regarding PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we observe a call option sweep with bullish sentiment. It expires in 31 day(s) on August 2, 2024. Parties traded 499 contract(s) at a $146.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $75.8K, with a price of $152.0 per contract. There were 1012 open contracts at this strike prior to today, and today 1501 contract(s) were bought and sold. 
• Regarding NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we observe a put option sweep with bullish sentiment. It expires in 108 day(s) on October 18, 2024. Parties traded 294 contract(s) at a $75.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $111.8K, with a price of $381.0 per contract. There were 5708 open contracts at this strike prior to today, and today 652 contract(s) were bought and sold. 
• Regarding F (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), we observe a put option trade with bearish sentiment. It expires in 199 day(s) on January 17, 2025. Parties traded 300 contract(s) at a $14.17 strike. The total cost received by the writing party (or parties) was $59.1K, with a price of $197.0 per contract. There were 43538 open contracts at this strike prior to today, and today 625 contract(s) were bought and sold. 
• For RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we notice a call option sweep that happens to be bullish, expiring in 80 day(s) on September 20, 2024. This event was a transfer of 150 contract(s) at a $15.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $178.0 per contract. There were 14971 open contracts at this strike prior to today, and today 530 contract(s) were bought and sold. 
• For BBY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>), we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on July 5, 2024. This event was a transfer of 732 contract(s) at a $82.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $30.7K, with a price of $42.0 per contract. There were 41 open contracts at this strike prior to today, and today 403 contract(s) were bought and sold. 
• For BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we notice a call option trade that happens to be bearish, expiring in 199 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $30.2K, with a price of $302.0 per contract. There were 1475 open contracts at this strike prior to today, and today 206 contract(s) were bought and sold. 
• Regarding ABNB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>), we observe a put option sweep with bullish sentiment. It expires in 563 day(s) on January 16, 2026. Parties traded 30 contract(s) at a $140.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $46.7K, with a price of $1558.0 per contract. There were 617 open contracts at this strike prior to today, and today 76 contract(s) were bought and sold. 
• For FIVE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>), we notice a put option sweep that happens to be neutral, expiring in 108 day(s) on October 18, 2024. This event was a transfer of 50 contract(s) at a $100.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $35.5K, with a price of $710.0 per contract. There were 90 open contracts at this strike prior to today, and today 70 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ABNB

AMZN

FIVE

Citigourp Global Markets 2% Protected Notes Linked To The Djia

RIVN

TSLA

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

Financial giants have made a conspicuous bearish move on Alibaba Gr Hldgs. Our analysis of options history for Alibaba Gr Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) revealed 33 unusual trades.
Delving into the details, we found 42% of traders were bullish, while 51% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $739,079, and 24 were calls, valued at $1,608,334.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $120.0 for Alibaba Gr Hldgs over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Alibaba Gr Hldgs's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Alibaba Gr Hldgs's whale trades within a strike price range from $50.0 to $120.0 in the last 30 days. 
<h3>Alibaba Gr Hldgs Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1719934354_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$2.81</td>
<td>$2.74</td>
<td>$2.75</td>
<td>$75.00</td>
<td>$275.0K</td>
<td>7.6K</td>
<td>1.9K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$9.45</td>
<td>$9.4</td>
<td>$9.4</td>
<td>$70.00</td>
<td>$176.7K</td>
<td>734</td>
<td>0</td>
</tr>
<tr>
<td>BABA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$6.8</td>
<td>$6.5</td>
<td>$6.5</td>
<td>$77.50</td>
<td>$161.8K</td>
<td>661</td>
<td>150</td>
</tr>
<tr>
<td>BABA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$47.95</td>
<td>$46.6</td>
<td>$46.9</td>
<td>$120.00</td>
<td>$136.0K</td>
<td>2</td>
<td>1</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$3.75</td>
<td>$3.65</td>
<td>$3.75</td>
<td>$72.50</td>
<td>$130.8K</td>
<td>17.2K</td>
<td>67</td>
</tr>
</tbody>
</table>

<h3>About Alibaba Gr Hldgs</h3>
Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume. It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). The China commerce retail division is the most valuable cash flow-generating business at Alibaba. Additional revenue sources include China commerce wholesale, international commerce retail/wholesale, local consumer services, cloud computing, digital media and entertainment platforms, Cainiao logistics services, and innovation initiatives/other.
Following our analysis of the options activities associated with Alibaba Gr Hldgs, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Alibaba Gr Hldgs</h3>
<ul>
<li>Currently trading with a volume of 4,919,487, the BABA's price is up by 1.3%, now at $73.11. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 37 days.</li>
</ul>
<h3>What The Experts Say On Alibaba Gr Hldgs</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $115.0.
<ul>
<li>An analyst from Loop Capital has decided to maintain their Buy rating on Alibaba Gr Hldgs, which currently sits at a price target of $115. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Alibaba Gr Hldgs with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Smart Money Is Betting Big In BABA Options

Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) has made significant strides in the European market by sponsoring <a href="https://www.benzinga.com/general/sports-betting/24/06/39338874/euro-2024-how-to-watch-betting-odds-england-attracts-bets-cristiano-ronaldo-to-go-out-on-t">UEFA Euro 2024</a>. 
The company&#8217;s e-commerce platform AliExpress, digital platform Alipay, and electric vehicle maker BYD Co highlight the growing influence of Chinese companies in global sporting events.
The tournament, which is in its knockout stages, features numerous Chinese tech giants as official global sponsors, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/newsletters/2024-07-01/alibaba-byd-use-euro-2024-to-turn-football-fans-into-customers?srnd=technology-vp&amp;sref=TBDibEcD" rel="noreferrer noopener">reports</a>.
Also Read: <a href="https://www.benzinga.com/news/23/03/31380339/alibabas-aliexpress-prioritizes-spain-for-overseas-growth-also-eyes-south-korea" target="_blank" rel="noreferrer noopener">Alibaba&#8217;s AliExpress Prioritizes Spain For Overseas Growth, Also Eyes South Korea</a>
These companies are leveraging the massive viewership of teams like Germany, England, and France to penetrate the European market, which is crucial for their growth.
The current tournament sees Alipay and BYD as significant sponsors, aiming to enhance their brand awareness in Europe.
UEFA Euro 2024 draws in large audiences, with over 50,000 fans attending each match. Germany&#8217;s matches attract over 20 million viewers, while England&#8217;s games have drawn around 15 million.
For brands like BYD, which faces challenges <a target="_blank" href="https://www.benzinga.com/government/24/03/37844136/alibabas-aliexpress-sees-order-surge-with-new-5-day-delivery-to-the-us-expanding-global-reach" rel="noreferrer noopener">in the U.S. market</a> due to tariffs, Europe represents a viable market for electric and hybrid vehicles.
In May, Alibaba appointed soccer legend David Beckham as the <a href="https://www.benzinga.com/news/24/05/39028061/alibaba-signs-david-beckham-as-global-brand-ambassador-for-e-commerce-platform" target="_blank" rel="noreferrer noopener">international brand ambassador</a> for its e-commerce platform, AliExpress.
Price Action: BABA shares traded higher by 0.11% at $72.08 at the last check Monday.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Alibaba Capitalizes On UEFA Euro 2024 To Boost European Market Presence

Chinese stocks <a href="https://www.benzinga.com/markets/asia/24/07/39570865/tiktok-and-social-media-influencers-drive-gen-zs-shopping-habits-in-asia-pacific-report">improved on Monday </a>after data on June manufacturing came in better than forecast and reached its highest point in three years.
The CSI 300 Index, which follows China&#8217;s largest companies listed in Shanghai and Shenzhen, rise 0.5% on Monday to come out of a four-month low and build on Friday&#8217;s 2% gain, the South China Morning Post <a href="https://www.scmp.com/business/markets/article/3268734/chinas-stock-index-jumps-3-year-high-after-junes-factory-data-surpassed-expectations">reported</a>. Hong Kong's financial markets were closed for a holiday.
Japan's Nikkei 225 edged up 0.1%, while South Korea's Kospi gained 0.2% yet Australia's S&amp;P/ASX 200 declined 0.2%.
The Caixin/S&amp;P Global manufacturing purchasing managers' index (PMI) improved from 51.7 in May to to 51.8 in June to set the fastest pace since May 2021 and beat analysts' forecasts of 51.2, according to the Morning Post.
The upbeat private data quelled concerns following&nbsp;official PMI data, which came in at 49.5 in June and was unchanged from May, according to National Bureau of Statistics data released on Sunday. A reading above 50 indicates expansion of activity, while a reading below suggests contraction.
Also Read:<a href="https://www.benzinga.com/markets/asia/24/07/39567244/chinas-central-bank-could-embrace-federal-reserve-model-in-a-major-reform-under-governor-pan-gongshe"> China&#8217;s Central Bank Could Embrace Federal Reserve Model In A Major Reform Under Governor Pan Gongsheng</a>
Property developer stocks went up in mainland China on hopes that a positive economic climate would entice buyers back to the real estate market. 
Poly Developments and Holdings Group Co., Ltd. jumped 6.2% to 9.31 yuan and China Vanke Co. Ltd. rallied 5.2% to 7.29 yuan. Chip designer Cambricon Technologies rose 3.1% to 204.84 yuan and electronics product maker Foxconn Industrial Internet (601138.SS) ticked up 2.2% to 28 yuan.
Renewed market intervention efforts from "the national team" as indicated by a surge in net assets of the nation's biggest exchange-traded funds has also buoyed sentiment.
A total of 51.1 billion yuan (US$7 billion) came into the market through CSI 300 ETF in the week ended June 28 after the Shanghai Composite Index slipped below the 3,000 psychological level, Morning Post reported , as cited in state-run Securities Times on Monday, Morning Post reported.
Price Action: Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) rose 0.24% to $72.17, Baidu, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) gained 0.47% to $81.89 and NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) improved 4.84 % to $4.36.
KraneShares CSI China Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NYSE">KWEB</a>) gained 0.43% as iShares MSCI China ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHI#NASDAQ">MCHI</a>) rose 0.62% and iShares China Large-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>) went up 0.54%.
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</ul>

Emerging Markets

MCHI

Chinese Markets Pick Up Following Positive Data On Manufacturing

Investors with a lot of money to spend have taken a bullish stance on Alibaba Gr Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BABA, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 10 uncommon options trades for Alibaba Gr Hldgs.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 50%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $62,940, and 8 are calls, for a total amount of $490,611.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $55.0 and $120.0 for Alibaba Gr Hldgs, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Alibaba Gr Hldgs options trades today is 3635.86 with a total volume of 3,721.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Alibaba Gr Hldgs's big money trades within a strike price range of $55.0 to $120.0 over the last 30 days.
<h3>Alibaba Gr Hldgs Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1719843387_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/12/24</td>
<td>$17.75</td>
<td>$17.55</td>
<td>$17.55</td>
<td>$55.00</td>
<td>$171.9K</td>
<td>0</td>
<td>0</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$15.4</td>
<td>$14.5</td>
<td>$15.1</td>
<td>$72.50</td>
<td>$75.5K</td>
<td>141</td>
<td>0</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$12.0</td>
<td>$9.25</td>
<td>$9.97</td>
<td>$100.00</td>
<td>$59.8K</td>
<td>173</td>
<td>1</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$3.85</td>
<td>$3.85</td>
<td>$3.85</td>
<td>$72.50</td>
<td>$57.7K</td>
<td>16.6K</td>
<td>17</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$2.87</td>
<td>$2.84</td>
<td>$2.87</td>
<td>$75.00</td>
<td>$41.0K</td>
<td>6.6K</td>
<td>1.2K</td>
</tr>
</tbody>
</table>

<h3>About Alibaba Gr Hldgs</h3>
Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume. It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). The China commerce retail division is the most valuable cash flow-generating business at Alibaba. Additional revenue sources include China commerce wholesale, international commerce retail/wholesale, local consumer services, cloud computing, digital media and entertainment platforms, Cainiao logistics services, and innovation initiatives/other.
<h3>Alibaba Gr Hldgs's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,926,809, with BABA's price up by 0.69%, positioned at $72.5.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 38 days.</li>
</ul>
<h3>Expert Opinions on Alibaba Gr Hldgs</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $115.0.
<ul>
<li>An analyst from Loop Capital has decided to maintain their Buy rating on Alibaba Gr Hldgs, which currently sits at a price target of $115. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Alibaba Gr Hldgs options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Behind the Scenes of Alibaba Gr Hldgs's Latest Options Trends

Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) shares are trading <a href="https://www.benzinga.com/premarket">higher in premarket today</a>.
The tech company unveiled an upgraded version of its AI model, Ernie 4.0 Turbo, on Friday as part of its strategy to stay competitive in China&#8217;s rapidly evolving AI market. 
The launch follows the release of Ernie 4 in October 2023, which Baidu claimed was on par with OpenAI&#8217;s GPT-4 in terms of capabilities, reported Reuters.
The new model will be available to the public through web and mobile app interfaces. Developers can integrate the technology through Baidu&#8217;s Qianfan AI platform, Wang Haifeng, Baidu&#8217;s Chief Technology Officer, stated at a corporate event. 
Since its launch, Ernie has amassed 300 million users. Baidu also announced enhancements to its PaddlePaddle AI ecosystem, which now supports 14.65 million developers and serves 370,000 businesses and institutions.
Also Read: <a href="https://www.benzinga.com/news/24/06/39502578/openais-china-exit-sets-stage-for-local-ai-surge-with-baidu-alibaba-as-potential-gainers">OpenAI&#8217;s China Exit Sets Stage For Local AI Surge With Baidu, Alibaba As Potential Gainers</a>
OpenAI recently announced it would block access to its API from <a href="https://www.benzinga.com/news/24/06/39476585/chatgpt-maker-openai-to-restrict-access-to-ai-tools-in-china-amid-rising-tensions-report">China and other countries starting July 9</a>. 
This decision is likely to impact many Chinese startups that rely on OpenAI&#8217;s technology. In response, Baidu, Alibaba Group Holding Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), and other domestic AI firms have launched initiatives to attract these users by offering free migration services and incentives.
The upgraded Ernie 4.0 Turbo aims to provide users with a powerful AI tool that can rival international counterparts. 
Baidu stock has lost more than 38% in the last 12 months. Investors can gain exposure to the stock via Invesco Golden Dragon China ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGJ#NASDAQ">PGJ</a>) and Global X Social Media ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOCL#NASDAQ">SOCL</a>).
Price Action: BIDU shares are trading higher by 0.42% at $87.40 in premarket at last check Friday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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What's Happening With Baidu's Shares On Friday?

Alibaba Group Holding Group&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) cloud computing unit will shut down its data centers in Australia and India as it redirects infrastructure spending to other markets.
The decision comes as part of an &#8220;infrastructure strategy update&#8221; following a careful assessment to prioritize investments in Southeast Asia and Mexico.
Alibaba Cloud will halt its data center services in India after July 15, and in Australia after September 30, SCMP <a target="_blank" href="https://www.scmp.com/tech/big-tech/article/3268522/alibaba-close-data-centres-australia-india-amid-expansion-southeast-asia-mexico" rel="noreferrer noopener">reports</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/24/05/38556060/after-nvidia-and-apple-alibaba-chases-vietnam-new-data-center-to-boost-control-and-meet-local-laws" rel="noreferrer noopener">After Nvidia and Apple, Alibaba Chases Vietnam: New Data Center to Boost Control and Meet Local Laws</a>
Alibaba notified customers in these regions to migrate their business operations to data centers in Singapore and other locations.
The affected data center zones include facilities in Sydney, established in 2016, and Mumbai, established in 2018.
Alibaba stock has lost over 14% in the last 12 months as it struggles to generate value amid geopolitical tensions and domestic rivalry. Investors can gain exposure to the stock via Avantis Emerging Markets Equity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVEM#NYSE">AVEM</a>) and Global X Artificial Intelligence &amp; Technology ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIQ#NASDAQ">AIQ</a>).
<h2 class="wp-block-heading">BABA Stock Prediction For 2024</h2>
Equity research analysts on and off Wall Street typically use earnings growth and fundamental research as a form of valuation and forecasting. But many in trading turn to technical analysis as a way to form predictive models for share price trajectory.
Some investors look to trends to help forecast where they believe a stock could trade at a certain point in the future. Looking at Alibaba, an investor could make an assessment about a stock's long term prospects using a moving average and trend line. If they believe a stock will remain above the moving average, which many believe is a bullish signal, they can extrapolate that trend into the future using a trend line. For Alibaba Gr Hldgs, the 200-day moving average sits at $77.22, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, which is above the current price of $72.15. For more on charts and trend lines, <a href="https://pro.benzinga.com/">see a description here.</a>
Traders believe that when a stock is above its moving average, it is a generally bullish signal, and when it crosses below, it is a more negative signal. Investors could use trend lines to make an educated guess about where a stock could trade at a later date if conditions remain stable.
Price Action: BABA shares were trading lower by 0.47% at $72.04 at&nbsp;the last check on Friday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo by Fooksou Lamimo via Wikimedia Commons
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Government

Regulations

AVEM

Alibaba To Close Data Centers in Australia And India, Divert Investments To Southeast Asia And Mexico

Alibaba Group Says Co's Taobao Released Updated Version Of Its E-Commerce Application For Apple Vision Pro, To Go On Sale In Mainland China On June 28

Wall Street experienced a subdued trading day on Thursday, as traders likely chose to remain on the sidelines in anticipation of Friday&#8217;s release of the Federal <a href="https://www.benzinga.com/economics/macro-economic-events/24/06/39513292/feds-preferred-inflation-gauge-set-to-drop-to-38-month-low-this-could-provide-the">Reserve&#8217;s preferred inflation gauge.</a>
In regulatory news, U.S. banks successfully passed the Federal Reserve&#8217;s 2024 stress tests. The results demonstrated that all analyzed institutions could maintain minimum capital requirements even in the face of a severe economic shock. Notably, regional banks, as tracked by the SPDR S&amp;P Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>), performed relatively better overall compared to their larger counterparts. 
As of midday trading in New York, major indices showed marginal gains, with small caps outperforming large-cap indices. 
The semiconductor sector continued to face headwinds, with the iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) down 0.7%, eyeing its fifth negative session in the last six. Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) declined almost 2%.
Treasury yields moved lower, reflecting increased demand for bonds ahead of the key inflation report. The yield on the 10-year Treasury bond fell by 4 basis points to 4.29%, following an 8 basis-point increase on Wednesday. The iShares 20+ Year Treasury ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) rose 0.5%.
In the commodities market, lower yields and a slightly weaker dollar spurred rebounds. Gold, tracked by the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>), gained 1.2%, erasing Wednesday&#8217;s losses, while crude inched 0.7% higher. 
Cryptocurrencies also saw gains, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) up 1.3% and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) surging over 8% following VanEck&#8217;s filing for <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39528468/vaneck-files-solana-etf-application-sol-rallies-6">a Solana ETF application.</a>
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,020.84</td>
<td>0.4%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,802.54</td>
<td>0.3%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,220.82</td>
<td>0.2%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,481.94</td>
<td>0.1 %</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:51 p.m. ET</figcaption></figure>
According to&nbsp;<a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent062824&amp;t=be2bearmibe3na1">Benzinga Pro&nbsp;data</a>:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;was 0.1% higher to $545.95.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;was 0.2% higher to $391.94.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust&nbsp;(ARCA:&nbsp;<a href="https://www.benzinga.com/quote/qqq" target="_blank" rel="noreferrer noopener"></a><a href="https://www.benzinga.com/quote/qqq" target="_blank" rel="noreferrer noopener"></a>QQQ) was 0.2% higher to $481.55.</li>
<li>Sector-wise, the&nbsp;Consumer Discretionary&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>)&nbsp;outperformed, up by 0.5%, while the&nbsp;Consumer Staples Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) lagged, falling 0.5%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
<ul>
<li>Salesforce Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NASDAQ">CRM</a>) rallied 6%, marking the best performance within the S&amp;P 500. </li>
<li>Goldman Sachs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) fell 2.3%, in reaction to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39525918/major-banks-fall-short-in-feds-2024-stress-test-results-the-market-will-view-the-re">the Fed&#8217;s stress tests.</a> </li>
<li>Among regional banks First Foundations Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FFWM#NYSE">FFWM</a>) and Dime Community Bancshares Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCOM#NASDAQ">DCOM</a>) topped gains, up 5.9% and 4%, respectively. </li>
<li>Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) increased by 2.2% after unveiling a new section on its website focused on budget-friendly fashion and lifestyle products, facilitating direct shipping from Chinese sellers to U.S. consumers. Chinese e-commerce platforms&nbsp;PDD Holdings Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), JD.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) and Alibaba Group Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NASDAQ">BABA</a>) fell 4%, 3.8% and 1.9%, respectively. </li>
<li>Walgreens Boots Alliance Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>) tumbled 25%, in reaction to quarterly earnings. </li>
<li>Other stocks reacting to company earnings were Micron Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), down 6.4%, Jefferies Financial Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JEF#NYSE">JEF</a>), up 6.7%, Levi Strauss &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>), down 16.5%, McCormick &amp; Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKC#NYSE">MKC</a>), up 4.6%, Acuity Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AYI#NYSE">AYI</a>) up 0.9%, The Simply Good Foods Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMPL#NASDAQ">SMPL</a>), down 1.7%.</li>
</ul>
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Photo: Shutterstock

Large Cap

Macro Notification

Broad U.S. Equity ETFs

Economics

ETFs

$BTC

$SOL

DCOM

SPDR Dow Jones Industrial Average ETF Trust

FFWM

LEVI

NVDA

SMPL

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

iShares Trust Barclays 20+ Year Treasury Bond Fund

Select Sector SPDR-Consumer Discretionary

Stocks Show Modest Gains Ahead Of Fed's Inflation Report; Chipmakers Struggle, While Gold And Bitcoin Rebound: What's Driving Markets Thursday?

Novo Nordisk A/S (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) plans to limit initial sales of its obesity treatment Wegovy in China as the Danish drugmaker faces the challenge of balancing demand while ensuring global supply.
China&#8217;s National Health Commission survey revealed over half of its 1.4 billion population is overweight or obese.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/biotech/24/06/39487352/novo-nordisks-older-generation-weight-loss-drug-saxenda-associated-with-decreased-bone-mass-densi" rel="noreferrer noopener">Novo Nordisk&#8217;s Older Generation Weight-Loss Drug Saxenda Associated With Decreased Bone Mass Density, Study Shows</a>.
Maziar Mike Doustdar, Novo Nordisk&#8217;s chief of international operations, stated the company aims to launch Wegovy in China soon, prioritizing continuous supply without affecting availability elsewhere.
China&#8217;s health authorities recently approved Wegovy, offering a new weight loss option in a market where Novo Nordisk&#8217;s diabetes drug, Ozempic, has been used off-label <a target="_blank" href="https://www.benzinga.com/markets/equities/24/06/39472928/novo-nordisk-surges-nearly-3-after-weight-loss-drug-wegovy-wins-approval-in-china" rel="noreferrer noopener">to shed weight</a>.
As urbanization drives obesity rates, China&#8217;s market for GLP-1 drugs like Wegovy could reach 40 billion yuan ($5.5 billion) by 2030, Bloomberg notes, citing HSBC analysis.
However, Novo Nordisk&#8217;s patent on semaglutide, Wegovy&#8217;s active ingredient, expires in 2026, with Hangzhou Jiuyuan Gene Engineering Co. and Livzon Pharmaceutical Group Inc. already seeking to produce generic versions.
Eli Lilly And Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) is also a key competitor, with its obesity drug under review in China. Lilly and Innovent Biologics Inc. are also developing a local weight-loss drug that is expected to launch next year.
Bloomberg report <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-06-27/novo-will-limit-wegovy-s-china-launch-to-avoid-global-disruption?utm_content=business&amp;utm_campaign=socialflow-organic&amp;utm_medium=social&amp;utm_source=twitter&amp;cmpid=socialflow-twitter-business&amp;sref=y3YMCJ4e" rel="noreferrer noopener">adds</a> that Novo Nordisk has struggled to meet global demand for Wegovy and Ozempic, but it continues to manufacture semaglutide in Denmark and North Carolina and is planning final production stages in China.
A 4 billion yuan factory expansion in Tianjin was announced in March.
While China&#8217;s national health insurance covers Ozempic for diabetes, Wegovy is unlikely to receive similar reimbursement.
As a result, Wegovy will likely target those able to pay out-of-pocket, allowing Novo Nordisk to set prices independently.
Currently, Ozempic is available on major Chinese platforms like JD.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) and Alibaba Group Holding Ltd.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) Tmall.
Price Action: NVO shares are down 0.10% at $143.52 at last check Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo by Tobias Arhelger via Shutterstock

Biotech

Health Care

Novo Nordisk To Restrict Initial Wegovy Sales In China Amid High Demand

<a href="https://www.theinformation.com/articles/chinas-ai-sector-faces-fallout-from-u-s-chip-curbs" title="https://www.theinformation.com/articles/chinas-ai-sector-faces-fallout-from-u-s-chip-curbs">https://www.theinformation.com/articles/chinas-ai-sector-faces-fallout-from-u-s-chip-curbs</a>

Legal

'China's AI Sector Faces Fallout From U.S. Chip Curbs' - The Information

WIIM

Shares of Chinese eCommerce companies are trading lower after Amazon announced that it will launch a new section on its website to help Chinese sellers ship fashion and lifestyle items to U.S. consumers.

Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) is set to launch a new section on its website dedicated to affordable fashion and lifestyle items, enabling Chinese sellers to ship directly <a target="_blank" href="https://www.benzinga.com/news/24/06/39509886/amazon-stock-is-hitting-new-all-time-highs-wednesday-whats-going-on" rel="noreferrer noopener">to U.S. consumers</a>.
The storefront marks Amazon&#8217;s boldest move yet to counter rising competition from e-commerce platforms PDD Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) Temu and Shein.
Chinese e-commerce stocks, ranging from Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) to JD.Com, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) to PDD, are trading lower Thursday.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/04/38024676/alibaba-clouds-livestream-event-draws-millions-sparks-cloud-computing-price-war" rel="noreferrer noopener">Alibaba Cloud&#8217;s Livestream Event Draws Millions, Sparks Cloud Computing Price War</a>
Temu and Shein have strong ties to China and have attracted a growing number of American shoppers with their low prices on clothing, electronics, home goods, and more.
Amazon&#8217;s upcoming storefront will offer a variety of unbranded items, many priced under $20.
In the past, Chinese sellers have used Amazon&#8217;s Fulfillment by Amazon (FBA) services to send goods to U.S. warehouses before dispatching them to customers, CNBC <a target="_blank" href="https://www.cnbc.com/2024/06/26/amazon-plans-discount-store-in-bid-to-fend-off-temu-and-shein.html" rel="noreferrer noopener">reports</a>.
In 2023, the number of items sold by Chinese sellers on Amazon&#8217;s site grew by more than 20% year-over-year.
Price Actions:&nbsp;BABA shares traded lower by 0.98% at $73.44 premarket at the last check on Thursday. JD stock is down 1.27% at $27.16, and PDD is down by 1.44% at $136.24.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/06/39143383/alibabas-618-shopping-festival-boosts-sales-with-big-brands-like-apple-xiaomi-leading-the-way" rel="noreferrer noopener">Alibaba&#8217;s 618 Shopping Festival Boosts Sales with Big Brands Like Apple, Xiaomi Leading the Way</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image by Tada Images via Shutterstock

Movers

What's Going On With Chinese E-Commerce Stocks Alibaba, PDD And More On Thursday?

Alibaba.com Reaffirms Supporting MSMEs; Says Strategic Plans For Diverse Supplier Network And Enhanced Trade Opportunities Unveiled

Tencent Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>) and Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) have received approval from China for 104 new video games this month, marking a positive shift for the country&#8217;s gaming industry.
SCMP <a target="_blank" href="https://www.scmp.com/tech/big-tech/article/3268024/tencents-roco-kingdom-world-among-104-new-video-games-approved-beijing-june" rel="noreferrer noopener">reports</a> that the National Press and Publication Administration (NPPA) approved Tencent&#8217;s online role-playing game Roco Kingdom: World and Alibaba&#8217;s Ruyuan from its Lingxi Games studio.
The update boosted Chinese gaming company NetEase, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>) stock.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/05/38984583/neteases-q1-earnings-gaming-giant-shows-resilience-with-growth-in-cash-flow-and-cloud-music" rel="noreferrer noopener">NetEase&#8217;s Q1 Earnings: Gaming Giant Shows Resilience with Growth in Cash Flow and Cloud Music</a>
This month&#8217;s approvals reflect a rebound for the gaming industry. After fewer than 100 titles were approved in April and May, more than 100 new titles were approved each month in the first quarter.
According to market intelligence company CNG, China&#8217;s video gaming market saw its first-quarter revenue rise by 7.6% year-on-year to 72.6 billion yuan ($10 billion).
The <a target="_blank" href="https://www.benzinga.com/markets/asia/24/01/36745444/why-are-tencent-and-netease-shares-up-today-hint-it-has-to-do-with-chinese-goverment-gaming-regulati" rel="noreferrer noopener">market has been recovering</a> since April 2022, when Beijing resumed licensing video games after an eight-month freeze. In January, the NPPA retracted a draft proposal to cap user spending in games and ban excessive rewards.
<a target="_blank" href="https://www.benzinga.com/markets/asia/23/12/36366760/tencent-responds-to-chinas-crackdown-on-video-gaming-doesnt-anticipate-changes" rel="noreferrer noopener">China&#8217;s unexpected gaming</a> regulations caused a market dip of $80 billion, with Tencent&#8217;s value dropping by $54 billion.
Price Action: NTES shares traded higher by 2.91% at $95.75 at&nbsp;the last check on Wednesday.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/05/38791739/huya-beats-revenue-estimates-in-q1-yet-faces-challenges-in-game-streaming-sector" rel="noreferrer noopener">HUYA Beats Revenue Estimates in Q1, Yet Faces Challenges in Game Streaming Sector</a>

NTES

What's Going On With Chinese Gaming Stock NetEase On Wednesday?

Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) backed ChatGPT parent OpenAI&#8217;s proposed policy change, that will end access to its AI development tools in China, is likely to reshape the competitive landscape in <a target="_blank" href="https://www.benzinga.com/topic/artificial-intelligence" rel="noreferrer noopener">the artificial intelligence sector</a>.
Starting in July, OpenAI will <a target="_blank" href="https://www.benzinga.com/news/24/06/39494097/chatgpt-parent-openai-to-block-access-to-ai-tools-amid-growing-tech-tensions-between-washington-and" rel="noreferrer noopener">terminate services for its Chinese users</a>, a decision that has prompted immediate reactions from local companies.
Firms such as Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) and Alibaba Group Holding Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) are now positioning themselves to capitalize on the emerging gap in the market with various incentives to attract developers, <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-06-26/openai-s-china-block-to-reshape-ai-scene-as-big-players-like-alibaba-pounce?srnd=homepage-uk&amp;sref=TBDibEcD" rel="noreferrer noopener">Bloomberg</a> reports.
This strategic pivot by OpenAI not only underscores the growing tensions between the U.S. and China over technological advancements but also sets the stage for a realignment within China&#8217;s AI industry.
As American companies pull back, Chinese leaders in AI are ready to expand their influence and user base.
Related Read: <a target="_blank" href="https://www.benzinga.com/news/24/06/39455319/alibaba-cloud-introduces-ai-programmer-to-speed-up-app-development" rel="noreferrer noopener">Alibaba Cloud Introduces AI Programmer to Speed Up App Development</a>
The withdrawal of OpenAI is poised to disadvantage numerous smaller startups that relied on these accessible, high-quality tools for development.
Industry expert Bernard Leong expressed concerns about a potential &#8220;bloodbath&#8221; in the sector, predicting that only a few major players would survive the upheaval.
Simultaneously, major Chinese AI companies saw their stocks surge, with firms like Iflytek Co. benefiting from the news.
In response, companies such as SenseTime Group Inc. and Zhipu AI are offering millions of free tokens and support to those transitioning away from OpenAI&#8217;s platforms.
This development reflects broader efforts by the U.S. to limit China&#8217;s access to cutting-edge technologies, including AI and semiconductors, amid <a target="_blank" href="https://www.benzinga.com/markets/asia/24/05/38824198/biden-announces-massive-tariffs-on-chinese-imports-to-protect-us-industries-clean-energy-solar-stock" rel="noreferrer noopener">escalating geopolitical tensions</a>.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Read Next: <a href="https://www.benzinga.com/news/24/06/39428720/after-us-and-eu-now-canada-considers-imposing-tariffs-on-chinese-evs-as-domestic-pressure-mounts-rep" target="_blank" rel="noreferrer noopener">After US And EU, Now Canada Considers Imposing Tariffs On Chinese EVs As Domestic Pressure Mounts: Report</a>
Photo via Shutterstock

OpenAI's China Exit Sets Stage For Local AI Surge With Baidu, Alibaba As Potential Gainers

In a recent development, OpenAI backed by Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), has reportedly announced its plans to restrict access to its tools and software in China starting in July.
What Happened: OpenAI, the creator of ChatGPT, has communicated its intentions to developers in various regions via a memo according to screenshots posted on social media, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-06-25/openai-warns-it-will-block-access-to-ai-tools-from-china?srnd=homepage-asia">reported </a>on Tuesday. This move is seen as an attempt to exclude users from countries where its services are not available. In response, Chinese tech giants, including Alibaba Group Holding Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) and Tencent Holdings Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>)-backed Zhipu AI, are urging developers to transition to their products.
While the exact reason behind OpenAI&#8217;s decision is not known, it coincides with mounting pressure from the U.S. government to curb China&#8217;s access to advanced AI technology. Despite the official unavailability of OpenAI in China, developers have been using its tools via virtual private networks and other means.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38582049/ai-adoption-a-do-or-die-moment-for-companies-says-sandboxaq-ceo-theres-going-to-be-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">AI Adoption A &#8216;Do Or Die&#8217; Moment For Companies, Says SandboxAQ CEO: &#8216;There&#8217;s Going To Be Winners And Lose</a>
This development comes at a time when Chinese companies like Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) and startups like Zhipu are striving to create AI models that can compete with U.S. industry leaders. Simultaneously, the U.S. is trying to restrict China&#8217;s access to crucial technologies to limit Beijing&#8217;s ability to develop sensitive technologies that could threaten U.S. national security.
OpenAI has yet to respond to the queries sent by Benzinga.
Why It Matters: The move by OpenAI follows a trend of U.S. tech giants, including Google, enhancing their security measures <a href="https://www.benzinga.com/news/24/06/39397802/google-openai-and-other-us-tech-giants-tighten-employee-screening-amid-rising-chinese-espionage-fear">amid growing concerns</a> over Chinese espionage. OpenAI previously also reported the exploitation of its AI <a href="https://www.benzinga.com/news/24/05/39107044/from-ukraine-to-gaza-openai-reveals-its-ai-models-exploited-for-global-disinformation-by-russia-chin">models by networks</a> linked to China, Russia, Iran, and Israel&nbsp;to disseminate disinformation.
China has been developing its<a href="https://www.benzinga.com/markets/asia/24/05/38956682/chatgpt-meet-xigpt-china-unveils-new-ai-model-that-speaks-xi-jinpings-thoughts-spouts-official-party"> own AI models</a>, such as a large language model based on President Xi Jinping&#8217;s political philosophy.
Furthermore, tech analyst <a href="https://www.benzinga.com/markets/equities/24/06/39262950/apples-wwdc-2024-openai-tie-up-moves-could-be-replicated-in-china-via-alibaba-baidu-says-gene-mu">Gene Munster suggested </a>that Apple Inc. could potentially partner with Chinese tech giants Alibaba and Baidu for its AI features in China.
Read Next: <a href="https://www.benzinga.com/news/24/06/39449884/twitter-co-founder-jack-dorsey-thinks-deepfakes-are-taking-us-toward-a-simulated-future-elon-musk-as?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Twitter Co-Founder Jack Dorsey Thinks Deepfakes Are Taking Us Toward A Simulated Future: Elon Musk Asks &#8216;</a>
Image via Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

ChatGPT-Maker OpenAI To Restrict Access To AI Tools In China Amid Rising Tensions: Report

As the Worldwide Olympic TOP Partner of the Olympic Games for e-commerce platform services, AliExpress unveiled its latest global advertisement campaign, &quot;Find Your Sport,&quot; at the Olympic Qualifier Series 2024 in&nbsp;Budapest&nbsp;ahead of the Olympic Games Paris 2024. The advertisement highlights that AliExpress has seen more than 161 million purchases of sporting-related goods and enabled consumers from around the world to actively engage in sports in the past five years&#x2A;.
The new campaign, &quot;Find Your Sport,&quot; brings to life the spirit of sports and its ability to bring people together to create connections, shared experiences and memories. The campaign showcases the power of sports on and off the&nbsp;pitch, illustrating how it can empower and inspire people through the inclusive nature of sports.
Albert Zhu, Head of Global Marketing, AliExpress said, &quot;We believe this campaign underscores the values of the Olympic Movement by demonstrating the power of sports. This campaign is designed to inspire the sporting dreams and passions of people around the world.&quot;
During the four-day event in&nbsp;Budapest, where athletes competed to secure their spot for&nbsp;Paris&nbsp;2024, AliExpress showcased its new campaign in its pop-up during the festival-style event. Visitors to the AliExpress booth were able to try out their skills on a skateboard-themed simulation.&nbsp;
In 2020, AliExpress launched its Olympic Games activation as part of the International Olympic Committee&#39;s (IOC) long-term partnership with Alibaba Group, which started in 2017. With consumers in more than 100 countries and regions, AliExpress will further the reach of the Olympic Movement and help Olympic stakeholders engage with fans around the world.
Continued commitment and investment globally&nbsp;
AliExpress continues to invest in its premium service AliExpress&nbsp;Choice, which offers consumers great selection, speedy shipping and hassle-free returns&#x2A;&#x2A;&nbsp;as well as millions in discounts and deals during the Olympic Games Paris 2024.

AliExpress Launches Global Sports Campaign Highlighting 161M Purchases

Sea dips after Indonesian unit accepts report of alleged antitrust breaches - report

JD.com interested in buying UK delivery company Evri - report

Emerging markets and economies are poised to experience robust growth owing to rising net capital inflows, rapid global growth, and broadening horizons. Against this backdrop, it could be wise to invest in solid emerging market stocks, Taiwan Semiconductor (TSM), Alibaba Group (BABA), and MercadoLibre (MELI), for diversified growth. Keep reading... With their enhanced contribution to the world economy, emerging economies and markets are poised to grow at a rapid pace in the forthcoming years fueled by ease in inflation levels, widening role, and strengthening footing among developed economies.
Given the economies' bright prospects, it could be ideal to invest in quality emerging market stocks Taiwan Semiconductor Manufacturing Company Limited (<a href="https://stocknews.com/stock/TSM/">TSM</a>), Alibaba Group Holding Limited (<a href="https://stocknews.com/stock/BABA/">BABA</a>), and MercadoLibre, Inc. (<a href="https://stocknews.com/stock/MELI/">MELI</a>) for diversified growth.
Emerging market and economies plays a crucial role in the worldwide growth and development by offering wide employment opportunities and smart solutions and are poised to grow vastly in the coming years. Major developing economies are expected to see <a href="https://www.reuters.com/markets/emerging/capital-flows-emerging-markets-net-903-billion-2024-iif-says-2024-05-30/#:~:text=Macro%20Matters-,Capital%20flows%20to%20emerging%20markets%20to,billion%20in%202024%2C%20IIF%20says&amp;text=NEW%20YORK%2C%20May%2030%20(Reuters,banking%20trade%20group%20report%20said.">net capital inflows rise</a> by nearly a third to $903 billion in the current year depending upon global growth levels.
Contrary to a slowdown growth in the US, various emerging markets are expected to show higher growth levels amid easing inflation. <a href="https://www.morganstanley.com/ideas/economic-outlook-mid-year-2024-steady-global-growth">Morgan Stanley Economists</a> expects global economic growth of 3.1% in 2024 and 2025 with slowing inflation, likely expectations of interest rate cuts, with the European Central Bank expected to start cutting in June followed by the U.S. Federal Reserve in September.
Amid downside risks like upcoming US elections, persistent headwinds in China, and escalating tensions in the Middle East, the emerging economies enjoy an economic growth premium over those of developed markets. The <a href="https://www.lazardassetmanagement.com/research-insights/outlooks/emerging-markets">emerging market economic growth</a> appears stronger as the developed markets' growth slows.
Also, the baseline forecast is for the <a href="https://www.imf.org/en/Publications/WEO/Issues/2024/04/16/world-economic-outlook-april-2024#:~:text=A%20slight%20acceleration%20for%20advanced,in%20both%202024%20and%202025.">world economy</a> to continue growing at 3.2% in 2024 and 2025, where emerging market and developing economies will grow 4.3% in 2023 to 4.2% in both 2024 and 2025.
Given the industry's bright prospects, let's delve into the fundamentals of the three best emerging market stocks: TSM, BABA, and MELI.
Taiwan Semiconductor Manufacturing Company Limited (<a href="https://stocknews.com/stock/TSM/">TSM</a>)
Based in Hsinchu City, Taiwan, TSM manufactures, packages, tests, and sells integrated circuits and other semiconductor devices internationally. The company provides a range of wafer fabrication processes and offers customer and engineering support services.
On April 24, TSM unveiled its newest semiconductor process, advanced packaging, and 3D IC technologies for powering the next generation of AI innovations with silicon leadership. The company launched the TSMC A16TM technology, consisting of leading nano-sheet transistors with innovative backside power rail solutions.
It also introduced its System-on-Wafer (TSMC-SoW&#x2122;) technology, an innovative solution to bring revolutionary performance to the wafer level.
TSM's net revenue increased 16.5% year-over-year to $18.87 billion for the first quarter that ended March 31, 2024. Its <a href="https://www.investopedia.com/terms/g/grossprofit.asp">gross profit</a> grew 9.8% from the year-ago value to $10.01 billion. The company's income from operations of $7.93 billion, indicates growth of 7.7% from the prior year's quarter.
In addition, the company's net income and EPS of $7.17 billion and $0.28 indicate growth of 8.8% and 8.9% year-over-year, respectively.
Street expects TSM's revenue for the second quarter (ended June 2024) to increase 29.2% year-over-year to $19.94 billion, and its EPS is expected to grow 21.6% year-over-year to $1.39 for the same quarter. Moreover, the company has surpassed the consensus EPS and revenue estimates in each of the trailing four quarters, which is remarkable.
Over the past six months, TSM's stock has soared 71.2% and 67.1% over the past year to close the last trading session at $173.82.
TSM's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
The stock has an A grade for Quality, and Momentum and a B grade for Sentiment. It is ranked #9 out of 92 stocks in the <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry.
In addition to the POWR Ratings we've stated above, we also have TSM's other ratings for Value, Stability, and Growth. Get all TSM ratings <a href="https://stocknews.com/stock/TSM/">here</a>.
Alibaba Group Holding Limited (<a href="https://stocknews.com/stock/BABA/">BABA</a>)
Based in Hangzhou, China, BABA provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses engage with their customers internationally. It operates in seven segments: China Commerce; International Commerce; Local Consumer Services; Cainiao; Cloud; Digital Media and Entertainment; Innovation Initiatives and Others.
On June 7, BABA entered into a collaboration with UEFA EURO 2024&#x2122;, making it the official B2B E-commerce partner of UEFA EURO 2024&#x2122; in the U.S. and China. The partnership bodes well with the existing agreement and adds various opportunities for small and medium-sized enterprises on Alibaba.com to leverage the increased demand around the tournament.
On June 6, BABA launched Alibaba Guaranteed, to help simplify global sourcing and provide a more flexible and reliable supply chain for small and medium-sized enterprises in the U.S. and beyond. Alibaba Guaranteed allows buyers to source with added confidence and they can also take advantage of after-sales services.
Alibaba Guaranteed marked a significant step for SMEs and global sourcing by redefining the fulfillment standard of B2B cross-border trade.
For the fourth quarter that ended March 31, 2024, BABA's revenue increased 6.6% year-over-year to $30.73 billion and its income from operations was $2.04 billion for the quarter. The company's non-GAAP net income and EPS came in at $3.38 billion and $0.18 for the quarter, respectively.
Furthermore, the company's adjusted EBITDA and free cash flow were $4.27 billion and $2.13 billion for the quarter, respectively.
Analysts expect BABA's revenue for the fiscal year (ending March 2026) to increase 7.8% year-over-year to $151.26 billion. Its EPS for the same period is expected to grow 12.1% year-over-year to $9.19. Furthermore, BABA has surpassed the consensus revenue estimates in three of the trailing four quarters.
Shares of BABA have surged marginally over the past three months to close the last trading session at $73.31.
BABA's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
The stock has a B grade for Momentum and Quality. BABA is ranked #11 of 39 stocks in the B-rated <a href="https://stocknews.com/category/china/">China</a> industry.
<a href="https://stocknews.com/stock/BABA/">Click here</a> to access additional ratings of BABA for Growth, Value, Sentiment, and Stability.
MercadoLibre, Inc. (<a href="https://stocknews.com/stock/MELI/">MELI</a>)
Headquartered in Montevideo, Uruguay, MELI operates online commerce platforms. The company operates in two segments: Mercado Libre Marketplace; and Mercado Pago FinTech platform. It provides an automated online marketplace for buying and selling, and a financial technology platform for online transactions and payments.
MELI's trailing-12-month gross profit and EBIT margins of 56.49% and 14.62% are 52.7% and 88.6% higher than the respective industry averages of 37% and 7.75%. Likewise, the stock's trailing-12-month net income margin of 7.23% is 50.2% higher than the industry average of 4.82%.
For the first quarter that ended March 31, 2024, MELI's net revenues and financial income increased 36% year-over-year to $4.33 billion. Its gross profit grew 25.4% from the prior year's quarter to $2.02 billion. The company's income from operations came in at $528 million, up 26.3% from the year-ago value.
Also, the company's net income and EPS rose 71.1% and 70.8% from the year-ago value to $344 million and $6.78, respectively.
Street expects MELI's revenue and EPS for the second quarter (ended June 2024) to grow 38.1% and 61.2% year-over-year to $4.72 billion and $8.32, respectively. Furthermore, the company surpassed the consensus EPS and revenue estimates in all four trailing quarters, which is remarkable.
Shares of MELI have gained 4.2% over the past six months and 33.5% over the past year to close the last trading session at $1592.60.
MELI's strong fundamentals are reflected in its POWR Ratings. MELI has a B grade for Quality, Momentum, and Growth. It is ranked #29 among 53 stocks in the B-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry.
To access MELI's ratings for Value, Sentiment, and Stability, <a href="https://stocknews.com/stock/MELI/">click here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
TSM shares were trading at $175.29 per share on Tuesday afternoon, up $2.96 (+1.72%). Year-to-date, TSM has gained 69.51%, versus a 15.95% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/tsm-baba-meli-3-emerging-market-gems-for-diversified-growth/>3 Emerging Market Gems for Diversified Growth</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Emerging Market Gems for Diversified Growth

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최근에 마이크로소프트 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)의 후원을 받은 OpenAI가 7월부터 중국의 도구 및 소프트웨어 접근을 제한할 계획을 공식으로 발표했다고 합니다. 
무슨 일이 있었나: ChatGPT의 창조자인 OpenAI는 화요일 <a href="https://www.bloomberg.com/news/articles/2024-06-25/openai-warns-it-will-block-access-to-ai-tools-from-china?srnd=homepage-asia">블룸버그의 보도에 따르면</a> 인터넷 기사의 스크린샷에 따르면 OpenAI는 여러 지역의 개발자들에게 한 통의 메모를 보내 움직임의 의도를 전달했습니다. 이러한 결정은 그 회사의 서비스가 제공되지 않는 나라의 사용자들을 배척하려는 시도로 풀이됩니다. 이에 중국 기술 기업들은 OpenAI의 도구를 사용할 수 있도록 개발자들에게 자사의 제품으로의 전환을 촉구하고 있습니다.
OpenAI의 결정에 대한 구체적인 이유는 아직 알려지지 않았지만, 이러한 결정은 미국 정부가 중국의 고급 인공 지능 기술에 대한 접근을 제한하도록 압력을 가하는 과정과 일치합니다. 중국 내에서 공식적으로 OpenAI의 서비스를 이용할 수 없었던 상황에서도, 개발자들은 기술적으로 가상 사설망(VPN)을 이용하거나 다른 방법을 사용하여 OpenAI의 도구를 사용해왔습니다.
참고 자료: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38582049/ai-adoption-a-do-or-die-moment-for-companies-says-sandboxaq-ceo-theres-going-to-be-winners-and-lose" target="_blank" rel="noreferrer noopener">산드박스AQ 최고경영자 &#8220;AI 도입, 기업에게는 &#8216;죽을지 살지&#8217;의 순간&#8221;</a>
이러한 움직임은 중국 기업들인 바이두 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>)와 Zhipu 같은 스타트업이 미국 업계 리더들과 경쟁할 수 있는 인공 지능 모델을 만들려는 시도를 하는 가운데 나타났습니다. 동시에 미국은 중국이 미국의 국가 안보를 위협할 수 있는 민감한 기술을 개발할 능력을 제한하려는 움직임을 보이고 있습니다.
OpenAI는 Benzinga에게 보낸 질문에 아직 답변하지 않았습니다.
왜 중요한가: OpenAI의 이러한 움직임은 중국의 스파이 활동에 대한 우려가 높아지는 가운데, 구글 등 미국의 기술 기업들이 보안 조치를 강화하는 추세를 따르고 있습니다. OpenAI는 또한 중국, 러시아, 이란 및 이스라엘과 연결된 네트워크에 의해 그 회사의 인공 지능 <a href="https://www.benzinga.com/news/24/05/39107044/from-ukraine-to-gaza-openai-reveals-its-ai-models-exploited-for-global-disinformation-by-russia-chin">모델이</a> 세계적으로 왜곡된 정보를 전파하는 데 악용되었다고 밝혔습니다.
중국은 대통령 시진핑의 정치 철학을 기반으로 한 대형 언어 모델과 같은 <a href="https://www.benzinga.com/markets/asia/24/05/38956682/chatgpt-meet-xigpt-china-unveils-new-ai-model-that-speaks-xi-jinpings-thoughts-spouts-official-party">자체 인공 지능 모델을 개발</a>해왔습니다.
뿐만 아니라 Apple의 AI 기능이 중국에서도 제공될 수 있다는 가능성을 제기했습니다.
다음 내용 읽기: <a href="https://www.benzinga.com/news/24/06/39449884/twitter-co-founder-jack-dorsey-thinks-deepfakes-are-taking-us-toward-a-simulated-future-elon-musk-as?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Twitter 공동 창업자 잭 도시, &#8220;딥 페이크는 우리를 시뮬레이션 미래로 이끌고 있어&#8221;</a>
사진: 셔터스톡을 통해
이 소식은 <a href="https://www.benzinga.com/author/benzinga-neuro">벤징가 뉴로</a>의 정보를 활용해 <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>가 편집한 내용입니다.

혼합 현실 비전 프로(Vision Pro) 헤드셋의 시장 성공을 높이기 위해 애플(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)은 지원되는 애플리케이션 목록에 중국 최대 온라인 소매업체 두 곳을 추가했다.
무슨 일이 (What Happened): 가격이 3,500달러인 비전 프로 헤드셋은 이제 알리바바 그룹 홀딩스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>)와 JD닷컴(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>)의 기본 앱에서 지원될 것이라고 <a href="https://www.bloomberg.com/news/articles/2024-06-24/apple-adds-alibaba-jd-to-list-of-vision-pro-apps-for-china">블룸버그</a>가 금요일 보도했다. 해당 앱은 샤오미 자동차 가상 시승, 메이크업 시뮬레이션 등 다양한 기능을 제공할 예정이다.
앱 지원은 넷플릭스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>)가 맞춤형 앱 제작을 중단하면서 미국에서 순조로운 출발을 보인 비전 프로의 성공에 중요한 것으로 간주된다.
6월 28일 중국, 일본, 싱가포르에 출시 예정인 이 헤드셋은 해외 시장에서 수입 제품에 비해 상당한 판매 프리미엄을 보였지만 아직까지 큰 판매를 창출하지 못했다.
애플 주식은 지난 12개월 동안 거의 12% 상승했다. 투자자들은 Vanguard Growth ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VUG#NYSE">VUG</a>)와 Vanguard Information Tech ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VGT#NYSE">VGT</a>)를 통해 주식에 노출될 수 있다.
중요성 (Why It Matters): 비전 프로 헤드셋을 통해 애플이 중국 시장에 진출하는 데는 몇 가지 어려움이 따른다. 이 회사는 엄격한 규제와 화웨이와 같은 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39425871/apples-ai-push-encounters-obstacles-in-china-with-stricter-regulations-and-local-co" target="_blank" rel="noopener" data-google-interstitial="false">현지 기업들의 경쟁 심화</a>로 인해 중국에서 인공 지능 추진에 장애물에 직면해 왔다.
또한 애플은 보다 <a href="https://www.benzinga.com/news/24/06/39449011/apple-struggling-to-create-its-cheaper-vision-pro-model-says-expert-its-dealing-with-some-difficult">저렴한</a> 비전 프로 버전을 개발하는 데 어려움을 겪고 있는 것으로 알려졌다. 높은 가격표와 주류 매력의 부족으로 인해 비전 프로의 로드맵이 재평가되었다. 이 회사는 다양한 가격대의 다양한 장치를 출시하여 헤드셋의 접근성을 높이는 것을 목표로 한다.
애플은 또한 중국에서 판매되는 자사 기기에 <a href="https://www.benzinga.com/markets/asia/24/06/39434301/apples-ai-strategy-faces-hurdles-in-china-talks-with-local-firms-are-ongoing" target="_blank" rel="noopener" data-google-interstitial="false">AI 기능을 통합</a>하기 위해 바이두 및 알리바바를 포함한 여러 중국 회사들과 지속적인 논의를 진행하고 있다. 이는 복잡한 규제 환경을 헤쳐나가고 이 지역에서 제품 제공을 강화하려는애플 전략의 일부이다.
Image Via Shutterstock
이 기사는 <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a>를 사용하여 생성되었으며 <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>가 편집했습니다.

인공 지능(AI)에 대한 애플(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APPL#NASDAQ">APPL</a>)의 야심 찬 벤처는 이 거대 기술 기업의 핵심 시장인 중국에서 심각한 도전에 직면하고 있다.
무슨 일이 (What Happened): CNBC는 음성 비서 시리(Siri)의 업그레이드 버전을 포함한 애플의 AI 확장이 중국의 엄격한 AI 규정으로 인해 방해를 받고 있다고 <a href="https://www.cnbc.com/2024/06/20/apple-ai-push-faces-big-challenges-in-china.html" target="_blank" rel="noopener">보도</a>했다.
이 회사의 중국 시장 점유율은 자체 AI 기능을 홍보하는 화웨이와 같은 현지 경쟁업체들로부터도 압박을 받고 있다.
애플은 자사의 AI가 처음에는 미국 영어로 출시될 것이며 추가 언어, 기능 및 플랫폼이 뒤따라 출시될 것이라고 발표했다. 하지만 복잡한 규제 환경으로 알려진 중국 시장에 대한 계획에 대해 이 회사는 침묵을 지키고 있다.
이 보도에 따르면 &#8220;중국의 규제 환경을 고려할 때 AI와 관련하여 중국은 다른 세계에 있다. 따라서 지난주 애플의 대규모 발표에서 중국은 큰 별표였다&#8221;라고 IDC 기기 연구 담당 부사장인 브라이언 마(Bryan Ma)가 말했다.
중국은 최근 몇 년 동안 특히 데이터 보호 및 대규모 언어 모델과 관련하여 AI에 대해 엄격한 규제를 시행했다. 이러한 규칙은 애플의 AI 기능 중 일부가 중국 당국의 승인이 필요한 자체 언어 모델을 기반으로 하기 때문에 애플에 도전이 될 것이다.
캐널라이스(Canalys)의 분석가인 니콜 펭(Nicole Peng)에 따르면 애플은 현지 규정을 준수하기 위해 온디바이스 AI 모델과 클라우드 기반 AI 모델을 모두 개발해야 할 가능성이 높다.
또한 애플이 중국에서 금지된 오픈AI의 챗GPT를 사용하려면 중국 국내에서도 이에 상응하는 도구를 찾아야 한다. 이는 자체 언어 모델과 음성 지원 기능을 갖춘 바이두(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), 알리바바(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) 등 중국 거대 기술 기업과의 파트너십으로 이어질 가능성이 있다.
CCS 인사이트의 수석 분석가 벤 우드(Ben Wood)에 따르면 애플이 중국에서 AI로 성공하려면 이 회사는 중국 사용자들의 공감을 불러일으키는 기기에서 현지화된 AI 경험을 개발해야 한다.
이 보도에 따르면 우드는 &#8220;애플 인텔리전스 경험을 현지화하는 것은 애플에게 큰 도전이 될 것&#8221;이라고 말했다. &#8220;모든 기술 배포와 마찬가지로 특정 국가의 특정 관습, 규정 및 사용 사례를 존중하기 위해 서비스가 제공되는 방식에 미묘한 차이가 있다.&#8221;
중요성 (Why It Matters): 애플의 AI 야망은 새로운 것이 아니다. 딥워터 에셋 매니지먼트(Deepwater Asset Management)의 진 먼스터(Gene Munster)는 최근 애플이 바이두 및 알리바바와의 파트너십을 통해 중국에서 AI 움직임을 복제할 수 있다고 제안했다. 그는 이러한 파트너십이 애플이 중국에서 챗GPT와 같은 타사 AI 기능을 도입하는 데 도움이 될 수 있다고 언급했다.
세계 개발자 회의(<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39269940/apples-ai-breakthroughs-at-wwdc-2024-lead-to-higher-iphone-sales-projections-by-gol" target="_blank" rel="noopener" data-google-interstitial="false">WWDC</a>) 2024에서 애플은 운영 체제에 대한 중요한 업데이트를 공개하고 애플 인텔리전스(Apple Intelligence) 및 챗GPT 통합을 포함한 새로운 생성 AI 기능을 도입했다. 골드만삭스의 분석가들은 이러한 발전이 제품 업그레이드 수요를 촉진하고 미래 AI 수익 창출의 길을 열 것이라고 믿고 있다.
지난 3월 애플은 첨단 생성 AI 기술을 중국 내 애플 기기에 통합하기 위해 <a href="https://www.benzinga.com/government/24/03/37892837/apple-wants-to-strengthen-presence-in-china-in-talks-with-baidu-over-ai-collaboration" target="_blank" rel="noopener" data-google-interstitial="false">바이두와 사전 논의</a>를 시작했다. 이러한 움직임은 생성 AI 모델이 공개되기 전에 국가 사이버 공간 규제 기관의 조사를 받도록 의무화하는 중국 규정과 일치한다.
주가 움직임: 애플의 주가는 목요일 2.15% 하락한 209.68달러로 마감했다. 시간외 거래에서 주가는 0.15% 상승했다. <a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noopener">Benzinga Pro</a>의 데이터에 따르면 올해 현재까지 주가는 12.95% 상승했다.
Image Via Shutterstock
이 기사는 <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noopener" data-google-interstitial="false">Benzinga Neuro</a>를 사용하여 생성되었으며 <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener" data-google-interstitial="false">Kaustubh Bagalkote</a>가 편집했습니다.

생성형 AI에 막대한 투자를 하고 있는 알리바바 그룹 홀딩(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>)은 특정 작업에서 메타 플랫폼(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)의 라마(Llama) 3를 능가한다고 주장하면서 자사의 오픈 소스 AI 모델을 업데이트했다.
알리바바 클라우드는 통이첸웬(Tongyi Qianwen) 대규모 언어 모델(LLM)의 두 번째 버전인 큐원2(Qwen2)를 출시했다. 이 버전은 다국어 사전 훈련과 더 긴 질문 및 답변을 위한 확장된 컨텍스트 창을 특징으로 한다.
사우스 차이나 모닝 포스트(SCMP)의 <a href="https://www.scmp.com/tech/big-tech/article/3265845/alibaba-says-new-ai-model-qwen2-bests-metas-llama-3-tasks-maths-and-coding" target="_blank" rel="noopener noreferrer">보도</a>에 따르면 5가지 변형으로 제공되는 큐원2는 다양한 분야의 벤치마크에서 메타의 라마 3-70B 모델보다 지속적으로 우수한 성능을 보였다.
이 회사는 오픈AI의 GPT-4에 비해 뛰어난 중국어 능력으로 주목받은 비공개 소스 통이첸웬 2.5를 선보인 직후 큐원2를 공개했다.
텐센트 홀딩(OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>)은 최근 훈위안(Hunyuan) LLM이 제공하는 챗봇인 위안바오(Yuanbao)를 출시했다.
이 회사의 B2B 국경 간 소싱 플랫폼인 알리바바닷컴(Alibaba.com)은 <a href="https://www.benzinga.com/news/24/06/39228656/alibaba-projects-60b-gmv-for-2024-plans-new-business-model-breakthroughs" target="_blank" rel="noopener noreferrer">판매자와 구매자를 연결하는</a> AI 기반 도구를 구현했다고, 이 플랫폼 사장인 장 쿼(Zhang Kuo)가 말했다.
또한 알리바바는 멕시코에서 자사의 <a href="https://www.benzinga.com/news/24/05/39005410/whats-going-on-with-alibaba-stock-on-friday" target="_blank" rel="noreferrer noopener">글로벌 클라우드 컴퓨팅</a> 가용성을 확장하고 향후 3년 동안 말레이시아, 태국, 한국을 포함한 주요 시장에 새로운 데이터 센터를 마련하는 데 주력하고 있다.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" class="wp-image-379189" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/10060748/newplot-21.png" sizes="(max-width: 750px) 100vw, 750px" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/10060748/newplot-21.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/10060748/newplot-21-300x260.png 300w" alt="" width="750" height="650" /></figure>
알리바바 클라우드는 2024년 하반기 두 자 수 성장을 목표로 삼고 있다.
알리바바 주식은 치열한 경쟁과 취약한 경제로 인해 지난 12개월 동안 9% 하락했다. 투자자들은 Avantis Emerging Markets Equity ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVEM#NYSE">AVEM</a>) 및 Global X Artificial Intelligence &amp; Technology ETF(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIQ#NASDAQ">AIQ</a>)를 통해 해당 주식에 노출될 수 있다.
주가 움직임: 알리바바의 주식은 월요일 미 동부 시간 오후 2:26에 1.30% 상승한 79.43달러에 거래되었다.
면책 조항: 이 콘텐츠의 일부는 인공지능 도구를 활용한 부분이 있으며 Benzinga 편집자들이 검토하고 발행했습니다.
사진은 위키미디어 커먼즈를 통해 Fooksou Lamimo가 제공한 사진입니다.

알리바바가 새로운 AI 모델 큐원2 출시, 이는 메타의 라마 3보다 앞선다고 주장

중국 기술주는 차익실현과 지정학적 불확실성으로 인해 기술적 조정에 가까워지는 등 상당한 하락세를 보이고 있다.
사건의 전말 (What Happened): 홍콩에 상장된 중국 기술주를 추적하는 항셍테크지수는 금요일 0.9%나 하락했다. 블룸버그에 <a href="https://www.bloomberg.com/news/articles/2024-05-31/chinese-technology-stocks-tumble-toward-technical-correction">따르면</a> 이러한 하락으로 인해 이 지수는 5월 20일 최고치보다 10% 이상 하락했으며 이는 기술적 조정을 나타낸다.
이번 하락의 주요 원인으로는 메이투안(OTC:<a class="ticker" href="https://www.benzinga.com/stock/MPNGF#OTC">MPNGF</a>)과 레노버 그룹(OTC:<a class="ticker" href="https://www.benzinga.com/stock/LNVGF#OTC">LNVGF</a>)이 있다. 이 부문은 이전에 실적에 대한 낙관적인 전망에 힘입어 4월에 상승세를 보였다.
그러나 최근 알리바바 그룹 홀딩(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>)과 텐센트 홀딩스(OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>)의 AI 서비스 가격 인하로 인해 수익성에 대한 우려가 높아졌다. 또한, G7 국가와의 지속적인 무역 긴장과 이익 추구 활동으로 인해 해당 부문은 더욱 압박을 받고 있다.
차기 이벤트까지 기다릴 필요가 없는 주식 <a href="https://www.benzinga.com/news/24/05/39033912/amid-china-threat-taiwan-faces-internal-crisis-as-thousands-protest-in-taipei-over-controversial-leg?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">중국 기업 어떻게 투자할까</a>
이러한 어려움에도 불구하고 중국 기술 기업들은 올해 전환사채 발행 자금이나 자체 자원을 활용해 적극적으로 자사 주식을 매입해 왔다.
왜 중요한가 (Why It Matters): 중국 기술주의 하락은 단독으로 발생하는 것이 아니다. 여러 지정학적 요인이 이러한 하락에 기여하고 있다. 지난 금요일, 중국은 국가 안보 문제를 이유로 항공 및 우주항공 장비에 대한 수출 통제를 강화했다. 이러한 움직임은 미국이 중국 기술 기업에 대해 지속적인 <a href="https://www.benzinga.com/news/24/05/39104542/china-cites-national-security-as-it-tightens-export-controls-on-aviation-and-aerospace-equipment-ami">제재</a>를 가하는 가운데 이루어졌다.
이번 주 초 분석가들은 PDD 홀딩스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) 및 알리바바 그룹과 같은 회사들에 영향을 미치는 선거 위험과 잠재적 관세를 강조했다. 이러한 지정학적 문제로 인해 많은 분석가들이 해당 기업들에 0 또는 심지어 부정적인 <a href="https://www.benzinga.com/markets/equities/24/05/39033729/election-risks-and-potential-tariffs-among-other-geo-political-issues-impacting-temus-parent-pdd">가치를</a> 부여하게 되었다.
이와 함께 중국은 반도체 산업 육성을 위한 노력을 강화하고 있다. 월요일, 중국은 글로벌 칩 전쟁 중에 반도체 부문을 지원하기 위해 475억 달러의 <a href="https://www.benzinga.com/markets/asia/24/05/39025251/china-launches-47-5b-state-fund-to-bolster-semiconductor-industry-amid-global-chip-war">국책 기금</a>을 출시했다. 이러한 움직임은 특히 미국과 그 동맹국들의 외국 기술에 대한 의존도를 줄이는 것을 목표로 한다.
더욱이 중국은 <a href="https://www.benzinga.com/markets/asia/24/05/39029234/china-a-lost-market-for-nvidia-amd-the-asian-superpower-reportedly-sets-up-biggest-semiconductor-fun" target="_blank" rel="noopener">고급 칩 제조 역량</a>을 육성하기 위해 최대 규모의 반도체 펀드를 조성하고 있으며, 이로 인해 엔비디아 및 어드밴스드 마이크로 디바이시스와 같은 미국 기업들의 시장 접근성이 낮아질 가능성이 있다.
투자자들은 중국의 성장 궤도에 대한 노출을 제공하는 ETF로 포트폴리오를 다양화함으로써 중국의 발전을 활용할 수 있다. KraneShares CSI China Internet ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NYSE">KWEB</a>), iShares MSCI China ETF(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHI#NASDAQ">MCHI</a>), iShares China Large-Cap ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>)와 같은 ETF는 중국의 급성장하는 인터넷 부문과 대형 기업에 대한 다양한 노출을 제공하여 매력적인 투자 기회를 제시한다.
이미지 제공: 셔터스톡 (Shutterstock)
이 기사는 <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a>를 사용하여 <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>가 편집했습니다.

LNVGF

MPNGF

알리바바와 텐센트의 가격 인하로 中 기술 업계 냉각: 이익 압박, 무역 긴장에 주가 하락

시진핑 정부는 <a href="https://www.benzinga.com/topic/china" target="_blank" rel="noopener">어려움을 겪고 있는 중국 부동산 시장</a>을 구하기 위해 지금까지 가장 공격적인 조치를 도입했다.
목요일, 베이징은 모기지 규제 완화를 포함한 새로운 계획을 발표하고 지방 정부에 미분양 주택 구입을 촉구했다. 이는 해당 부문이 경제 성장에 미치는 영향에 대한 당국의 높아진 우려를 반영한 ​​것이다.
지원 패키지는 주택 시장 활성화를 위해 고안된 몇 가지 주요 구성 요소로 구성되어 있다. 첫 주택 구입자는 다운페이먼트 요건이 15% 감소되는 혜택을 누리게 되며, 두 번째 주택 구입에는 25%만 필요하다. 또한 중앙은행은 정부 지원 기업들이 개발자들로부터 잉여 재고를 확보하여 저렴한 주택으로 전환할 수 있도록 지원하기 위해 3,000억 위안(420억 달러)의 자금을 제공하고 있다.
중국 재무부는 5월 17일 금요일 첫 번째 특별 국채 경매를 실시해 오랫동안 기다려온 경기부양 프로그램의 시작을 알렸다.
상하이고급금융학원(Shanghai Advanced Institute of Finance)의 금융 교수인 주닝(Zhu Ning)은 <a href="https://www.bloomberg.com/news/articles/2024-05-17/china-removes-mortgage-rate-floor-for-individual-homebuyers-lwa88d1y?srnd=homepage-americas&amp;sref=TBDibEcD" target="_blank" rel="noopener">블룸버그 TV</a>와의 인터뷰에서 현재 조치가 금융 위기 당시 금융 기관들에 대한 구제 금융과 다소 유사하다고 말했다. 그는 중앙정부의 직접적인 개입과 부동산 시장에 대한 신용 확대 없이는 이 위기가 해결되었다고 생각하기에는 너무 이르다고 지적했다.
관련 뉴스는 최근 데이터에 따르면 2024년 4월 중국의 산업생산은 전년 동기 대비 6.7% 증가해 시장 전망치 5.5%를 넘어섰고 전월 4.5% 증가보다 가속화됐다. 2023년 7월 이후 가장 낮은 성장률을 기록한 소매 판매 부진에도 불구하고, 중국의 실업률은 2024년 4월 5.0%로 떨어졌다. 이는 2023년 11월 이후 가장 낮은 수치이며, 전월과 시장 추정치인 5.2%보다 나은 수치이다.
<h3 class="wp-block-heading">중국 주식 및 대리인의 상승</h3>
중국 관련 주식과 원자재 상품은 이러한 정부 조치에 따른 투자자들의 낙관적인 심리를 반영하여 이 소식에 반등했다.
역내 상하이 종합지수(Shanghai Composite Index)는 1% 상승한 3,154로 마감했고, 선전 구성지수(Shenzhen Component Index)는 1.1% 상승한 9,709로 마감했다.
그린랜드 홀딩스(綠地集團, Greenland Holding Group), 보리 부동산(Poly Real Estate), 화샤싱푸(China Fortune)가 하루 만에 10% 이상 상승하는 등 어려움을 겪고 있는 부동산 개발업체들은 상당한 이익을 얻었다.
항셍지수는 0.91% 상승해 9개월 반 만에 최고치를 기록했다. 선두에는 부동산 개발업체인 컨트리가든 서비스 홀딩스(Country Garden Services Holdings)와 핑안 보험(Ping An Insurance)가 각각 9%와 5% 상승했다.
중국 기업들의 미국 예탁증서(ADR)도 금요일 미국 시장에서 상승했다.
알리바바 그룹 홀딩스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>)와 PDD 홀딩스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NYSE">PDD</a>)가 금요일 각각 2.12%와 1.96% 상승했다.
목요일, 중국 기술주에 대한 노출을 제공하는 KraneShares CSI China Internet ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NYSE">KWEB</a>)는 2.7% 상승하여 2023년 2월 이후 최고치를 기록했다. 금요일에는 0.31% 올랐다.
중국 경제에 가장 민감한 원자재 중 하나인 구리는 거의 3% 상승해 파운드당 5달러를 기록하며 4월 초 이후 가장 강력한 세션을 기록하고 사상 최고치를 경신했다.
<h3 class="wp-block-heading">차트: 구리, 파운드당 5달러 기록하여 새로운 역대 최고치 설정</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" class="wp-image-343662" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17095546/image-74-1024x495.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17095546/image-74-1024x495.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17095546/image-74-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17095546/image-74-768x372.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17095546/image-74-1536x743.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17095546/image-74.png 1920w" alt="" width="1024" height="495" /></figure>
지금 읽기: <a href="https://www.benzinga.com/markets/asia/24/05/38878116/big-short-investor-michael-burry-bets-heavy-on-gold-renewable-energy-stocks-exits-amazon-alphabet" target="_blank" rel="noopener">&#8216;빅쇼트&#8217; 투자자 마이클 버리, 금과 재생 에너지 주식에 많이 투자하고 아마존, 알파벳을 탈퇴</a>
이 이미지는 인공 지능 MidJourney를 사용하여 만들어졌습니다.

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중국, 미판매 부동산 매입으로 경기 부양에 매진: 중국 주식 급등, 구리 사상 최고치 기록

미국 억만장자 헤지펀드 매니저 데이비드 테퍼(David Tepper)는 중국에 대해 낙관적이다. 테퍼는 <a class="ticker" href="https://www.benzinga.com/topic/david-tepper">글로벌 헤지 펀드</a>인 아팔루사 매니지먼트(Appaloosa Management)의 창립자이자 사장이다.
그는 또한 내셔널 풋볼 리그(NFL)의 캐롤라이나 팬서스(Carolina Panthers)와 메이저 리그 사커(Major League Soccer)의 샬럿(Charlotte) FC의 소유주이기도 하다.
<h3 class="wp-block-heading">데이비드 테퍼, 중국에 투자하고 미국 기술주 투자 축소</h3>
그의 펀드의 최근 13F 서류에 따르면 테퍼는 알리바바 그룹 홀딩스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>)의 주식을 매입하고 엔비디아(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), 마이크로소프트(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), 아마존닷컴(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), 메타플랫폼스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) 및 알파벳(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)를 포함한 미국 거대 기술 기업들의 지분을 줄였다.
다음 읽기: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/02/37166808/david-teppers-appaloosa-management-q1-portfolio-positioning-more-caesers-entertainment-a" target="_blank" rel="noopener">데이비드 테퍼의 아팔루사 매니지먼트 1분기 포트폴리오 포지셔닝</a>
<h3 class="wp-block-heading">알리바바, FXI, PDD… 이제 최대 보유주들</h3>
지난 분기까지 그의 펀드에서 5번째로 큰 보유 자산이었던 알리바바는 이제 그의 헤지 펀드의 1위 보유 자산이 되었다. 현재 주식은 아팔루사 포트폴리오의 12.05%를 차지한다(이전 5.82%에서 증가). 테퍼는 2022년 2분기에 아팔루사 펀드를 위해 알리바바 주식을 처음 매입했다. 추가로 690만 주를 매입하면서 아팔루사는 이 회사의 0.41%를 소유하게 되었다.
테퍼의 2024년 1분기 최고 매수 종목 중에는 iShares China Large-Cap ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>)가 있다. FXI는 아팔루사 펀드의 새로운 보유 종목입니다. 637만5000주를 이 펀드에 매입한 FXI는 포트폴리오의 2.27%를 차지한다. 이번 분기에 아팔루사 포트폴리오에 대한 또 다른 중국 기반 최고 매입은 PDD 홀딩스 – ADR(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>)이었다. 2024년 1분기에 132만 5,000주를 매입한 이 주식은 이제 아팔루사 포트폴리오의 3.61%를 차지한다.
이 펀드에 포함된 중국 기반 회사들의 다른 주식은 다음과 같습니다: 바이두(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>)는 이 펀드 지분의 2.81%를, 징동닷컴(JD.com)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>)는 지분의 1.48%를, 그리고 KraneShares CSI China Internet ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NYSE">KWEB</a>)는 지분의 1.35%를 차지한다.
<h3 class="wp-block-heading">매그니피센트 7을 포함한 미국 기술주 매도</h3>
테퍼는 중국에 대해 전면적으로 강세를 보이는 반면, 미국의 거대 기술 기업에 대한 지분을 줄였습니다. 여기에는 <a href="https://www.benzinga.com/topic/magnificent-seven" target="_blank" rel="noopener">매그니피센트 7</a> 주식이 포함된다.
2024년 1분기에 테퍼가 가장 많이 매도한 기업들은 다음과 같다:
<figure class="wp-block-table">
<table>
<tbody>
<tr>
<td>기업</td>
<td>포트폴리오의 이전 %</td>
<td>포트폴리오의 현재 %</td>
</tr>
<tr>
<td>메타 플랫폼 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</td>
<td>11.31%</td>
<td>8.07%</td>
</tr>
<tr>
<td>마이크로소프트 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</td>
<td>11.04%</td>
<td>8.72%</td>
</tr>
<tr>
<td>인텔 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)</td>
<td>3.99%</td>
<td>2.45%</td>
</tr>
<tr>
<td>아마존닷컴 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</td>
<td>10.36%</td>
<td>10.22%</td>
</tr>
<tr>
<td>엔비디 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>6.76%</td>
<td>5.91%</td>
</tr>
<tr>
<td>알파벳 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)</td>
<td>11.31%</td>
<td>8.07%</td>
</tr>
</tbody>
</table>
</figure>
자료 출처: 13F 보고서, Whalewisdom
테퍼는 이번 분기 최고 구매 목록에 어도비 시스템즈(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>)와 오라클(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NASDAQ">ORCL</a>)을 추가했다.
이 소식은 중국계 기업들의 주가를 끌어올렸다. 알리바바 주가는 목요일 정오(ET)까지 7% 상승했고 iShares China Large-Cap ETF는 2.5% 상승했습니다.
이번 뉴스로 인해 중국 기반 기업들의 주가가 상승하는 모습입니다. 목요일 알리바바 주식은 7.05% 상승 마감했고, iShares China Large-Cap ETF 주식은 2.65% 상승했다.
다음 읽어보기: <a href="https://www.benzinga.com/news/large-cap/23/06/32765747/hedge-funds-buck-trend-in-ai-investing-nvidia-not-their-first-choice">헤지펀드들의 AI 투자 트렌드, 엔비디아가 최선의 선택이 아니다</a>
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