Journey of a Novice Investor…
According to AAStocks, Morgan Stanley recently released a research report regarding Alibaba (9988.HK). In the report, Morgan Stanley stated that Alibaba is expected to complete its dual primary listing on the Hong Kong Stock Exchange by the end of August, 2024. This is potentially a positive development for Alibaba investors for the following reasons: Note: The regulatory … Read more
Four of China’s largest state-owned banks: Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), Bank of China (BOC) and Agricultural Bank of China (ABC), have recently announced plans to pay interim dividends (half-yearly) beginning in 2024.This move signals the intent and resolve of management to continuously enhance shareholder value through increased frequency … Read more
Warren Buffett, the Oracle of Omaha, has reduced his holdings in Goldman Sachs and JP Morgan Chase & Co. In the most recent regulatory filings, Berkshire Hathaway revealed that it had sold down 84% of its Goldman Sachs stock. At the same time it also reduced its stake in JP Morgan by a not insubstantial … Read more