Alphabet Inc. Cl A Stock Rises Thursday, Outperforms Market

China Finance Inc

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Company profile

China Finance, Inc., through its wholly owned subsidiary, Shenzhen Hua Yin Guaranty and Investment Limited Liability Corporation (SHY), is engaged in providing surety guarantees for privately owned small and medium enterprises (SMEs) (or operating companies) in the People’s Republic of China entering into transactions, whereby the SME will be acquired by a publicly traded United States reporting company in a reverse merger or other merger and acquisition transaction; providing loan guarantees to assist SMEs and individuals in China in obtaining loans from Chinese banks for business operations and/or personal use, and making direct loans to SMEs for business operations. In addition, the Company is seeking direct investments (including, without limitation, controlling investments) in SMEs that would be made through the Company’s wholly owned subsidiary, Value Global International Limited.

Alphabet Inc. Cl A Stock Rises Thursday, Outperforms Market

4:32 pm ET January 19, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Alphabet Inc. Cl A (GOOGL) rallied 2.12% to $93.05 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.76% to 3,898.85 and Dow Jones Industrial Average falling 0.76% to 33,044.56. The stock's rise snapped a two-day losing streak. Alphabet Inc. Cl A closed $58.50 below its 52-week high ($151.55), which the company reached on February 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) fell 1.65% to $231.93, Amazon.com Inc. (AMZN) fell 1.86% to $93.68, and Meta Platforms Inc. (META) rose 2.35% to $136.15. Trading volume (36.9 M) eclipsed its 50-day average volume of 29.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2023.

(END) Dow Jones Newswires

January 19, 2023 16:32 ET (21:32 GMT)