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Alibaba Newsroom
Express News | Alibaba Group - to Sell 100% of Stake in Intime to Consortium of Purchasers Comprising Youngor Group & Members of Intime's Management Team
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
Alibaba to Sell Department Store Intime, to Record $1.3 Bln Loss on Sale
Alibaba to Sell Mall Chain for $1 Billion as Part of Latest Overhaul
Alibaba-W (09988): Plans to sell Silver Tai.
Alibaba-W (09988) announced that the company and another minority Shareholder agreed to transfer 100% equity of Silver Tai to...
[Hong Kong Stock Connect] Alibaba (09988) sells 100% equity of Intime, and is expected to incur a loss of approximately 9.3 billion yuan.
Jinwu Financial News | Alibaba (09988) announced that the company has agreed with another minority Shareholder to sell 100% of Silver's equity to a purchasing consortium composed of members from Youngor Group and Silver's management team. Silver is one of China's leading department store enterprises. Alibaba currently Holds approximately 99% of Silver's equity. The total proceeds from the sale of Silver are expected to be approximately 7.4 billion yuan (1 billion USD). Alibaba anticipates a loss of about 9.3 billion yuan (1.3 billion USD) due to the sale of Silver. The completion of the sale of Silver is subject to China's anti-monopoly review and other customary closing conditions.
Express News | Alibaba Group - Expected Gross Proceeds to Alibaba From Intime Sale Is Approximately RMB7.4 Bln
Express News | Voluntary Announcement- Alibaba Group Sells Intime
Statistics on Capital Trend of Hong Kong Stock Connect (T+2) | December 17
Capital Trend of Hong Kong Stock Connect | December 17
Alibaba Options Spot-On: On December 16th, 189.36K Contracts Were Traded, With 3.13 Million Open Interest
Sector Update: Consumer Stocks Advance Pre-Bell Monday
Alibaba Group Holding Limited (BABA) Is Attracting Investor Attention: Here Is What You Should Know
Here's What To Make Of Alibaba Group Holding's (NYSE:BABA) Decelerating Rates Of Return
Alibaba Said to Near $1 Billion Intime Sale to Youngor Fashion
Alibaba-W (09988.HK) spent 9.992 million USD to repurchase 0.912 million shares on December 13.
Gelonghui reported on December 16 that Alibaba-W (09988.HK) announced the repurchase of 912,000 shares at a cost of 9.992 million USD on December 13.
It is reported that Alibaba (09988) plans to sell Intime Department Store, which may be taken over by Youngor Group.
According to reports, Alibaba (09988) is in talks with Intime Retail to sell relevant shares of Intime Retail to the leading company in the textile and outfit industry, Youngor Group.
Major rating丨Citi: Survey shows subsidies effectively drive demand for home appliances. Consumers are willing to spend more on travel.
Citibank published research indicating that, according to a recent online survey conducted with approximately 2,500 Chinese consumers, most respondents reported a favorable financial situation and expect to increase their consumer spending in the next 12 months. Among them, 63% of respondents shop several times a week, and about 49% shop between 6 to 10 times a month. The report states that the survey reflects an increase in spending on e-commerce platforms during this year's Singles' Day Sales, believing that government subsidy measures effectively boosted the demand for home appliances, while consumers also expressed a greater willingness to spend more on travel. Citibank's preferred order in selecting stocks within China's e-commerce platforms is JD.com.
AAPL, NVDA, or BABA: Which Tech Giant Could Offer the Highest Upside?
Alibaba as a Value Play? Trump, Macro Fears Are Called Overblown for the E-commerce Giant
Alibaba Options Spot-On: On December 13th, 205.24K Contracts Were Traded, With 3.13 Million Open Interest