Alibaba Moves To “Unlock Shareholder Value”

China Last Night KraneShares Alibaba (9988 HK, BABA US) announced after the close it will become a holding company comprised of the below six business groups in order to “unlock shareholder value and foster market competitiveness” in order to “capture market opportunities and stimulate growth”. The business group can raise funds and go public as…

What Investors Need To Know

Financial interest of the petroleum industry and petrodollar concept with close up on a barrel of … [+] oil spilled over a stack on dollars and the spill spreading across the banknotes getty While most investors were trying to gauge the Federal Reserve’s next moves in light of recent bank failures last week, something interesting…

Meituan Beats, Week In Review

China Last Night KraneShares Week in Review Asian equities had a decent week on strong volumes as most bank contagion fears subsided and the China internet names came roaring back. Pinduoduo and Tencent reported earnings this week. Tencent’s results were strong, while Pinduoduo’s results led to investor concerns about increased marketing expenses. Evergrande was back…