China's tech giants Alibaba and Tencent now rank among the 10 largest companies in the world. How long before they're 1 and 2?
Chinese markets are wildly unpredictable, not beyond doubling and then falling by half within a matter of months. That is, until this year. Investors should prep their butterfly nets.
Riding on the momentum of its rapidly growing cloud computing business, Alibaba is seeking new ways to expand into the internet market.
Trade-Ideas LLC identified China Unicom (Hong Kong (CHU) as a weak on high relative volume candidate