Morgan Stanley: The sale of Silver by BABA-SW (09988) may bring potential special dividends.

Morgan Stanley believes that selling Intime aligns with Alibaba's management's focus on core Business and potentially divesting from the offline Retail Trade strategy.

Zhitong Finance00:59 ET

[Brokerage Focus] Morgan Stanley: It is expected that the losses resulting from Alibaba (09988) selling Intime Department Store will not significantly impact investors.

Kingwu Finance | Morgan Stanley reported that Alibaba (09988) has announced the complete sale of its shares in Intime Retail, expecting to raise approximately 7.4 billion yuan from this Trade. However, due to the sale of Intime Retail, the company anticipates a Trade loss of around 9.3 billion yuan. Morgan Stanley's analysis indicates that this sale aligns with the strategic direction previously announced by the company's management, which is to focus on major Business areas such as Taobao Tmall Group, Alibaba Cloud, and International Digital Business Group, and may involve a spin-off of its offline Retail Trade operations. The bank stated that the decline in the asset value of Intime Retail has already been reflected in the market.

Jinwu Financial News00:33 ET

Will there be only one interest rate cut next year? The Federal Reserve suddenly releases hawkish signals, causing Wall Street to collectively fall into panic.

The Federal Reserve lowered interest rates by 25 basis points as expected on Wednesday, but this did not stop investors from mass selling off risk Assets.

Zhitong Finance18:20 ET

Alibaba Options Spot-On: On December 18th, 176.86K Contracts Were Traded, With 3.09 Million Open Interest

Moomoo News16:30 ET

Trending Industry Today: Coinbase Leads Losses In Non-Fungible Tokens Stocks

Moomoo News15:40 ET

MrBeast's New Game Show To Premiere On Amazon Prime Video Thursday: Why Billionaire David Tepper May Be Watching

Benzinga15:27 ET