|Bid||29.48 x 1000|
|Ask||29.54 x 38500|
|Day's Range||29.62 - 29.90|
|52 Week Range||26.13 - 42.70|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-18.56%|
|Beta (5Y Monthly)||0.40|
|Expense Ratio (net)||0.74%|
Investors like Charlie Munger still see value in Alibaba, but the underperformance will likely continue.
The U.S.-listed shares of Alibaba Group Holding Ltd. (baba) dropped 4.3% in midday trading Thursday, after The Wall Street Journal reported that Shanghai authorities called in the ecommerce giant's cloud division for talks regarding the theft of a large police database earlier this month. The WSJ report said the stolen data had been stored on Alibaba's cloud using technology that was several years outdated and lacked basic security features. The Alibaba executives called in for the meeting with authorities included recently hired Cloud Vice President Chen Xuesong, the WSJ report said, citing people familiar with the matter.
The U.S.-listed shares of NIO Inc. jumped 2.4% in premarket trading Friday, after the China-based electric vehicle maker reported June deliveries that rose sharply from last month and from a last year. The company said it delivered 12,961 vehicles in June, up 84.5% from May and 60.3% more than the same period a year ago. The June deliveries consisted of 8,612 sport utility vehicles, including 1,684 ES8s, 5,100 ES6s and 1,828 EC6s, as well as 4,349 ET7 sedans. For the second quarter, NIO delivere