$BABA-W (09988.HK)$ $Alibaba (BABA.US)$ Observations on Alibaba shares repurchase over the past month (all numbers in USD; data based on HKEX filings):
1. Price in (ADR) vs Daily Amount:
Below $80: $80M / day
$80 - $85: $60M / day
$85-$90: $40M / day
Above $90: $20M / day
2. Total repurchase amount:
$1.18B / month; ~0.59% shares outstanding
approximately 7% per year
1. Price in (ADR) vs Daily Amount:
Below $80: $80M / day
$80 - $85: $60M / day
$85-$90: $40M / day
Above $90: $20M / day
2. Total repurchase amount:
$1.18B / month; ~0.59% shares outstanding
approximately 7% per year
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$Alibaba (BABA.US)$ Even Mr Short Alibaba changed his username -- the investor sentiment has really shifted?
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$BABA-W (09988.HK)$ It's only 10 minutes into trading today and the turnover is already 4 billion. In comparison the volume was only 6 billion for the entire day yesterday. 北水滔滔,空头睇路啊
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$Alibaba (BABA.US)$ Point 4: Short selling and margin trading is not allowed for Chinese investors under Stock Connect. The money from Mainland (through mainland brokerage firms) can only go long.
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$Alibaba (BABA.US)$ My 67 years old Mom living in Guangzhou, China plans to buy some Baba H.K.09988 shares when it is included in the Stock Connect tomorrow. Her logic is very simple. The Chinese Government 30 Year Bond 特别国债 pays 2.5% interest and so many Chinese people are chasing after it like crazy. Baba pays ~2% dividend and has capital appreciation potential -- so it's quite attractive in comparison. Previously my Mom cannot buy HK.09988 easily -- she would need to open a brok...
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