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alibaba-W(09988.HK) spent $59.99 million to buy back 5.777 million shares on November 22.
Gelonghui November 25th | alibaba-SW (09988.HK) announced that on November 22nd, it spent 59.99 million US dollars to repurchase 5.777 million shares.
Interpretation: The southbound funds reduce their holdings of Meituan by more than 1.5 billion Hong Kong dollars.
Today, the southbound funds net bought Hong Kong stocks worth 1.202 billion Hong Kong dollars. Among them: net purchases of alibaba 0.852 billion, china mobile 0.334 billion, ping an insurance 0.216 billion, fourth paradigm 0.125 billion; net sales of Meituan 1.541 billion, semiconductor manufacturing international corporation 0.267 billion, Xiaopeng autos 0.23 billion, Kuaishou 0.191 billion. According to statistics, since being included in the Stock Connect for 46 trading days, the southbound funds have cumulatively net purchased alibaba 71.38226 billion Hong Kong dollars. (According to Gelo Hong Kong Exchange)
Trump's tariffs are worrying! NRF: Could shrink usa consumers' spending power by $78 billion annually
① The National Retail Federation reports that the tariffs proposed by Trump could cost usa consumers between 46 billion and 78 billion dollars each year. ② Tariffs will lead to price increases on outfits, toys, furniture, and other products, which will ultimately be passed on to consumers by retailers; ③ Wall Street investment banks have pointed out that the imposition of high tariffs could severely impact economic growth, and retailers may collectively raise prices.
PDD's Valuation Takes Hit From Competition, Temu's Expansion Cost -- Market Talk
Weekend Round-Up: AI Dominates Headlines With Nvidia, Elon Musk, And Hollywood's Big Names
Fed's Bowman Says Regulators Shouldn't Rush to Contain AI
Top Gap Ups and Downs on Friday: AZN, BABA, PDD and More
Alibaba Options Spot-On: On November 22nd, 295.32K Contracts Were Traded, With 2.73 Million Open Interest
Unusual Options Activity: AAL, BABA and Others Attract Market Bets, AAL V/OI Ratio Reaches 121.5
Investors Eye New PMI, Consumer Sentiment Data: Catalysts
Reddit, Alibaba, McDonald's: 3 Stories in Focus
On November 21, alibaba-W (09988) invested 39.9927 million US dollars to repurchase 3.7272 million shares.
alibaba-W (09988) announced that on November 21, 2024, the company invested 3,999.2...
Express News | ZKH Group Ltd - to Arrange Flagship Stores to Join Tmall Platform
Stocks to Watch Friday: Gap, MicroStrategy, Intuit -- WSJ
Express News | Ishares China Large Cap ETF Down 2.3%, Kraneshares CSI China Internet ETF Down 2.5%
Express News | Li Auto Down 2.4%, NIO Down 1.7%, Xpeng Down 4.4%
Express News | U.S.-Listed Shares of Chinese Firms Fall Premarket Tracking Losses in Domestic Stocks
US MOVERS&SHAKERS Nov 18-Nov 22, 2024
0.1 billion US dollars is still not enough, reports suggest the Indonesian government hopes for apple to increase investment.
Apple has proposed to invest 0.1 billion dollars in India over the next two years in exchange for the Indonesian government lifting the sales ban on the new iPhone. However, reports on Friday indicated that the Indonesian government hopes Apple's investment will exceed this amount. According to Indonesian state media, the country's Ministry of Industry met with representatives from Apple on Thursday to discuss the proposal for Apple to invest 0.1 billion dollars within two years. It was reported that these funds would be used for a research and development center project and a professional development academy in the country. The company also plans to start manufacturing accessory product components specifically for Apple's AirPods Max beginning in July 2025. Although Apple’s
JPMorgan: Alibaba still has considerable user growth potential with revenue growth expected to accelerate.
JPMorgan recently released a report stating that Alibaba's latest financial report has boosted their confidence, indicating that Taobao is the only enterprise among China's large e-commerce platforms that still has considerable user growth potential. They believe that Alibaba's e-commerce transactions and customer management revenue are expected to accelerate in the next quarter. On November 15, Alibaba Group released its Q2 fiscal year 2025 financial report, with quarterly revenue of 236.503 billion yuan, a 5% year-on-year growth, in line with market expectations. In response, JPMorgan's report stated that the main reason for the GMV growth this quarter is the weak macro environment, and it is expected that GMV in the December quarter will