Express News | Alibaba Group - to Sell 100% of Stake in Intime to Consortium of Purchasers Comprising Youngor Group & Members of Intime's Management Team

ReutersDec 16 23:16 ET

Express News | Alibaba Group - Alibaba Expects to Record Losses of Approximately RMB9.3 Bln (US$1.3 Bln)1 as a Result of Sale of Intime

ReutersDec 16 23:15 ET

BOCOM INTL: BABA-SW (09988) sells Intime, having an impact of less than 1% on total revenue.

BOCOM INTL believes that this sale will have an impact on Alibaba's Earnings Reports due to a one-time accounting loss, but it does not affect the adjusted Operation profit.

Zhitong Finance21:28 ET

Express News | OpenAI Brings Its Most Powerful Model, o1, to Third-Party Developers

Moomoo 24/718:56 ET

Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a

The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.

wallstreetcn18:21 ET

Alibaba Options Spot-On: On December 17th, 212.32K Contracts Were Traded, With 3.08 Million Open Interest

Moomoo News16:30 ET