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.
根據彭博智能估計，阿里巴巴集團控股有限公司（NYSE:BABA）將於9月9日加入股票通，從而使國內機構投資者可以通過國內機構交易股票而不是外匯額度，從而釋放全球市場約32億美元的現金。
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.
股票通是指一項互惠市場準入計劃，使中國內地和香港的投資者可以通過國內股票交易所和清算機構交易其他市場上市的股票。
Asset managers can tap the released quota to transact other shares, Bloomberg reports.
據彭博報道，資產管理公司可以利用釋放的額度交易其他股票。
Analysts tout Japan and U.S. equities as potential beneficiaries of the move.
分析師認爲，這一舉措有望使日本和美國股票受益。
Bloomberg Intelligence expects the quota to be fully available in another three years.
彭博智能預計，這一限額還需要另外三年才能完全釋放。
Last week, Alibaba shared plans to enable mainland investors to start trading in Hong Kong.
上週，阿里巴巴宣佈計劃讓內地投資者開始在香港交易。
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.
由於國內電商競爭引發價格戰，阿里巴巴集團控股股票在過去12個月中下跌了12%，在低迷的國內經濟中難以創造價值。
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，儘管受到美國的制裁，但該公司仍專注於實現其人工智能的目標，這有可能釋放股東價值。
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.
兩週前，阿里巴巴公佈了財政第一季度的營業收入增長4%，同比達334.7億美元，低於分析師共識預期的348.1億美元。每股調整後的收益爲2.26美元，超過了分析師共識預期的2.13美元。淨利潤同比下降29%，達到33.4億美元。調整後的淨利潤同比下降9%，達到56億美元。
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).
投資者可以通過Avantis Emerging Markets Equity ETF（NYSE: AVEM）和Global X Artificial Intelligence & Technology ETF（NASDAQ: AIQ）獲得對中國電子商務巨頭的曝光。
Price Action: BABA stock traded lower by 0.38% at $81.14 premarket at the last check Wednesday.
股票走勢：週三最後一次查看時，BABA股票在盤前以81.14美元的價格下跌了0.38%。
Photo courtesy Alibaba
照片提供：阿里巴巴。