257.69MMarket Cap-212P/E (TTM)
0.415High0.395Low585.40KVolume0.400Open0.400Pre Close238.05KTurnover0.09%Turnover RatioLossP/E (Static)628.51MShares1.14052wk High0.49P/B257.69MFloat Cap0.24052wk Low--Dividend TTM628.51MShs Float23.150Historical High--Dividend LFY5.00%Amplitude0.240Historical Low0.406Avg Price200Lot Size--Div YieldTTM--Div Yield LFY
GOGOX Stock Forum
After the reduction, $BABA-W (09988.HK)$ 's shareholding in GOGOX was further reduced from 5.07% to 4.88%, which was below t...
The shareholding of Taobao China in GOGOX is further lowered from 6.02% to 5.74%.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $Hang Seng TECH Index (800700.HK)$ $China Concept Stocks (BK2517)$
Hence, the shareholding of Taobao China Holding in GOGOX is further lowered from 7.28% to 6.79%.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $Hang Seng TECH Index (800700.HK)$ $China Concept Stocks (BK2517)$
Taobao China sold 669,400 shares in the open market on 4 January, at an average price of $0.5533 per share, cashing out over $370,300. Its stake in GOGOX lowered from 8.04% to 7.93%.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $Hang Seng TECH Index (800700.HK)$ $China Concept Stocks (BK2517)$
According to the Stock Exchange's disclosure of interests, BABA reduced its stake in GOGOX by 838,400 shares at an average price of $0.5045 per share on 22 December, cashing out about $423,000 and reducing its stake to 8.89%.
BABA also reduced its stake in GOGOX on 12 December and 15 December. The first selling involved 4.7176 million shares a...
December 22, 2023
2246.HK
0.50
(-2.0%)
The latest: Online logistics services provider Gogox Holdings Ltd. (2246.HK) Thursday its executive director and co-CEO Lam Hoi Yuen has been appointed chairman by the board of directors with effect from Dec. 20, 2023.
Looking up: As one of the three key founders of the company when it was established in 2013, Lam has extensive knowledge and exp...
Hence, BABA's shareholding in GOGOX lowered to 10.42%.
$ALIBABA GROUP HOLDING LTD (BABAF.US)$ $Alibaba (BABA.US)$ $Hang Seng TECH Index (800700.HK)$ $China Concept Stocks (BK2517)$
- Alibaba plans to sell 25 million Xpeng Inc. shares, raising $391 million, reducing its stake from 10.2% to 7.5%.
- It also trims GOGOX stake by 4.7 million shares, decreasing Alibaba's stake to 10.42%.
- China's State Council announces stricter rules for non-bank payment institutions effective May 1, 2024.
- Regulatory uncertainties may delay Ant Group's spin-off.
$BABA-W (09988.HK)$ $Alibaba (BABA.US)$ $XPeng (XPEV.US)$ $XPENG-W (09868.HK)$ $GOGOX (02246.HK)$