Alibaba Earnings: Can Q4 Earnings Provide Pivot Point For Beleaguered Investors?

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Benzinga

Despite the continuing rout on Chinese stock markets on Monday, shares in Alibaba (NASDAQ:BABA) escaped with only a fractional loss in Hong Kong, while its U.S. listing gained ahead of the e-commerce company’s fourth-quarter earnings report on Wednesday. In Hong Kong, the shares dipped 0.1%, while Nasdaq-listed shares climbed 3.4% to $74.25 in morning trade. Could there be some positive news to come on Wednesday that might bring a ray of hope to beleaguered Chinese investors? There hasn’t been much joy for investors in Alibaba since its market debut in Hong Kong in November 2019. The shares de…

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