Big disappointment in the market. Alibaba paying dividends. Why? If business is so good. If prospects are so good, they would be keeping the money for investments and growth. Why pay dividends? No use for the money for investments, for fuelling growth? Big disappointment in the market.
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INVERSE head and shoulders pattern is a major trend reversal pattern. It signals that the downward trend is over and the Alibaba market is now on an uptrend.
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Hong Kong to introduce yuan share trading on June 19, ‘cementing its role as the world’s leading offshore yuan hub’, HKEX’s Aguzin says
Companies such as Alibaba that represent almost 40 per cent of Hong Kong’s market turnover have applied for yuan share counters
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