Tag: Chinas

Alibaba (NYSE:BABA), TENCENT HOLDINGS ADR (TCEHY) – Here’s How Alibaba’s Buyback Boost Could Win Back Investors In China’s Internet Sector

Alibaba Group Holding Ltd (NYSE: BABA) share buyback boost could kickstart a wave of such returns by cash-rich Chinese internet firms, triggering investor curiosity, Bloomberg reports. Baidu Inc (NASDAQ: BIDU), JD.com Inc (NASDAQ: JD), Xiaomi Corp (OTC: XIACY), and Tencent Holdings Ltd (OTC: TCEHY) shares rallied after Alibaba expecting more …