🇨🇳ANT GROUP SAID NO PLANS FOR IPO, DENIED "BACK DOOR LISTING" RUMORS.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$
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COMPANY TOGETHER WITH ANOTHER MINORITY SHAREHOLDER HAS AGREED TO SELL 100% OF THE EQUITY INTEREST IN INTIME TO A CONSORTIUM OF PURCHASERS COMPRISING YOUNGOR GROUP AND MEMBERS OF INTIME’S MANAGEMENT TEAM.
EXPECTED GROSS PROCEEDS TO ALIBABA FROM THE INTIME SALE IS APPROXIMATELY RMB7.4 BILLION (US$1.0 BILLION), TO RECORD LOSSES OF APPROXIMATELY RMB9.3 BILLION (US$1.3 BILLION)1 AS A RESULT OF THE SALE OF INTIME.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$
EXPECTED GROSS PROCEEDS TO ALIBABA FROM THE INTIME SALE IS APPROXIMATELY RMB7.4 BILLION (US$1.0 BILLION), TO RECORD LOSSES OF APPROXIMATELY RMB9.3 BILLION (US$1.3 BILLION)1 AS A RESULT OF THE SALE OF INTIME.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$
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Chinese investors bought up another 39m shares of Alibaba in $HKEX (00388.HK)$ via the StockConnect in one week. Cross-border ownership of $BABA-W (09988.HK)$ is at an all-time high of 4.51%.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $Hang Seng TECH Index (800700.HK)$ $China Concept Stocks (LIST2517.US)$
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $Hang Seng TECH Index (800700.HK)$ $China Concept Stocks (LIST2517.US)$
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Yes, $BABA-W (09988.HK)$ was down today in HKEX despite the gains in $Hang Seng TECH Index (800700.HK)$. Mainland investors still actively buying shares via the Stock Connect. Today, another US$67 million worth.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$
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This should drive a lot of traffic to $BILIBILI-W (09626.HK)$ 's platform. Live-streaming e-commerce is the fastest growing segment of China's digital commerce industry.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $Bilibili (BILI.US)$
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $Bilibili (BILI.US)$
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Alibaba CEO Wu Yongming has announced the creation of the Alibaba E-commerce Business Group, consolidating domestic and international platforms, including Taobao Tmall Group, International Digital Commerce Group, 1688, and Idle Fish.
Under the leadership of Jiang Fan, this unified structure aims to strengthen integration across the entire e-commerce value chain, enabling better resource allocation, driving synergies, and supporting merchants in exp...
Under the leadership of Jiang Fan, this unified structure aims to strengthen integration across the entire e-commerce value chain, enabling better resource allocation, driving synergies, and supporting merchants in exp...
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"There was strong market demand for Alibaba’s latest bond issue, according to the order book reviewed by the Post. The offering was oversubscribed multiple times, with most investors coming from the Asia-Pacific region and banks as major buyers of the yuan-denominated notes."
Interestingly, the USD tranche carried an interest rate about 2% higher than the CNY tranche.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $USD/CNY (USDCNY.FX)$ $CNY/USD (CNYUSD.FX)$
Interestingly, the USD tranche carried an interest rate about 2% higher than the CNY tranche.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $USD/CNY (USDCNY.FX)$ $CNY/USD (CNYUSD.FX)$
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$Walmart (WMT.US)$ Q3FY25 results:
➡️Revenue +5.5% (Beat by 1%)
➡️Adjusted EPS $0.58 (Beat by 8.8%)
➡️FWD PE Ratio 35.7X ⁉️
➡️Stock up 4% in pre-market🚀
$BABA-W (09988.HK)$ Q3 results:
➡️Revenue +8.7% (Miss by 1%)
➡️Adjusted EPS $2.15 (Beat by 2%)
➡️FWD PE Ratio of 10.3X
➡️Stock fell 2.2% post ER
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$
➡️Revenue +5.5% (Beat by 1%)
➡️Adjusted EPS $0.58 (Beat by 8.8%)
➡️FWD PE Ratio 35.7X ⁉️
➡️Stock up 4% in pre-market🚀
$BABA-W (09988.HK)$ Q3 results:
➡️Revenue +8.7% (Miss by 1%)
➡️Adjusted EPS $2.15 (Beat by 2%)
➡️FWD PE Ratio of 10.3X
➡️Stock fell 2.2% post ER
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$
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