Most of us only monitor about 5% of the stock market, often thinking that’s the entire universe. That’s why I like to look beyond my comfort zone to see what else is performing well. This year, AI continues to excel, and cryptocurrencies like Bitcoin and Ether have also been strong performers. However, there have been …
Yoma Strategic Holdings (SGX: Z59) has risen over 30% in just a week on significant trading volume. 97 million shares were traded on 29 May 2024, which is about 4% of its total shares outstanding. Share prices have also more than doubled from its 52-week low recorded just 2 months ago. Yoma delivered strong results …
Alibaba has been on a selling spree. In March this year, Alibaba sold 30.85 million ADRs of the streaming platform Bilibili (NASDAQ: BILI) at US$11.60, raising proceeds of US$357.8 million. In the same month, Alibaba sold 33 million ADRs of electric vehicle maker Xpeng (NYSE: XPEV) at prices between US$9.60 and US$9.75, raising about US$317 …