Alibaba, Tencent Rated 'Buy' at Haitong International, Leung Says

Oct.31 — Billy Leung, director of equity research at Haitong International, talks about Chinese internet stocks including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. Alibaba is deciding between launching a sharply reduced $10 billion Hong Kong share sale in November or delaying the deal till next year as global uncertainty mounts, people familiar with the matter say. Leung speaks with Shery Ahn and Paul Allen on “Bloomberg Daybreak: Asia.” …read more

Source:: Yahoo Finance

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