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Hedge funds want to divorce Alibaba.

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Miguel A. Rodriguez
Miguel A. Rodriguez
26 February 2021
Alibaba, once a fund darling, dumped by Point72, Hillhouse.
  • #Alibaba Group Holding Ltd, once the most valuable company in China, is turning from a global #hedge #fund favorite into something less desirable.
  • #Coinbase, the biggest U.S. #cryptocurrency exchange, moved a step closer to a listing on the #Nasdaq with a filing to go public, revealing that it had swung into profit last year as #Bitcoin surged.
  • #Stocks worldwide clawed back towards record highs on their third day of gains as the dollar dropped to a three-year low, after top #Fed and #ECB officials attempted to talk down rising bond yields.

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.