Alibaba's Stock Connect Addition May Unlock $3.2B, Boost Global Markets: Report
Alibaba's Stock Connect Addition May Unlock $3.2B, Boost Global Markets: Report
As per Bloomberg Intelligence estimates, Alibaba Group Holding Limited's (NYSE:BABA) addition to Stock Connect by September 9 can unlock up to $3.2 billion in cash across global markets by enabling domestic institutional investors to transact shares instead of their foreign exchange quota.
根据彭博智能估计，阿里巴巴集团控股有限公司（NYSE:BABA）将于9月9日加入股票通，从而使国内机构投资者可以通过国内机构交易股票而不是外汇额度，从而释放全球市场约32亿美元的现金。
Stock Connect refers to a Mutual Market Access program that enables investors in mainland China and Hong Kong to transact shares listed on other markets through domestic stock exchanges and clearing houses.
股票通是指一项互惠市场准入计划，使中国内地和香港的投资者可以通过国内股票交易所和清算机构交易其他市场上市的股票。
Asset managers can tap the released quota to transact other shares, Bloomberg reports.
据彭博报道，资产管理公司可以利用释放的额度交易其他股票。
Analysts tout Japan and U.S. equities as potential beneficiaries of the move.
分析师认为，这一举措有望使日本和美国股票受益。
Bloomberg Intelligence expects the quota to be fully available in another three years.
彭博智能预计，这一限额还需要另外三年才能完全释放。
Last week, Alibaba shared plans to enable mainland investors to start trading in Hong Kong.
上周，阿里巴巴宣布计划让内地投资者开始在香港交易。
Alibaba Group Holding stock lost 12% in the last 12 months as it struggled to generate value in a lackluster domestic economy stifled by domestic e-commerce rivalry via price war.
由于国内电商竞争引发价格战，阿里巴巴集团控股股票在过去12个月中下跌了12%，在低迷的国内经济中难以创造价值。
However, the company remains focused on accomplishing its artificial intelligence ambitions despite the U.S. sanctions, which have the potential to unlock shareholder value.
然而，尽管受到美国的制裁，但该公司仍专注于实现其人工智能的目标，这有可能释放股东价值。
Two weeks ago, Alibaba reported fiscal first-quarter revenue growth of 4% year-on-year to $33.47 billion, missing the analyst consensus estimate of $34.81 billion. Adjusted earnings per ADS of $2.26 beat the analyst consensus estimate of $2.13. Net income plunged 29% Y/Y to $3.34 billion. Adjusted net income declined 9% Y/Y to $5.6 billion.
两周前，阿里巴巴公布了财政第一季度的营业收入增长4%，同比达334.7亿美元，低于分析师共识预期的348.1亿美元。每股调整后的收益为2.26美元，超过了分析师共识预期的2.13美元。净利润同比下降29%，达到33.4亿美元。调整后的净利润同比下降9%，达到56亿美元。
Investors can gain exposure to the Chinese e-commerce juggernaut through Avantis Emerging Markets Equity ETF (NYSE:AVEM) and Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ).
投资者可以通过Avantis Emerging Markets Equity ETF（NYSE: AVEM）和Global X Artificial Intelligence & Technology ETF（NASDAQ: AIQ）获得对中国电子商务巨头的曝光。
Price Action: BABA stock traded lower by 0.38% at $81.14 premarket at the last check Wednesday.
股票走势：周三最后一次查看时，BABA股票在盘前以81.14美元的价格下跌了0.38%。
Photo courtesy Alibaba
照片提供：阿里巴巴。