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Alibaba Newsroom
Investing in Hong Kong, Alibaba has arrived! Alibaba's Entrepreneur Fund has established a 0.15 billion dollar AI Fund.
① Alibaba's Entrepreneur Fund announced the establishment of an AI Fund, amounting to 0.15 billion USD, primarily covering Industries where AI can be deeply applied. ② Almost at the same time, ByteDance founder Zhang Yiming also arrived, and his investment Institutions officially acquired Hong Kong's No. 9 license to start investing in the AI field. ③ This year, Hong Kong ranks eighth among the top ten regions globally in terms of total financing for AI enterprises.
Institutional Owners May Ignore Alibaba Group Holding Limited's (NYSE:BABA) Recent US$11b Market Cap Decline as Longer-term Profits Stay in the Green
On December 19, Alibaba-W (09988.HK) spent 39.99 million USD to repurchase 3.78 million shares.
Gelonghui reported on December 20 that Alibaba-W (09988.HK) announced the repurchase of 3.78 million shares at a cost of 39.99 million USD on December 19.
Guizhou Aviation has formed a strategic cooperation with 1688 to establish a procurement and sourcing platform for the aviation industry.
Sina Technology News, on the afternoon of December 20, reported that recently, Guizhou Zhonghang International Logistics Co., Ltd. (hereinafter referred to as "Guizhou Zhonghang") signed a strategic cooperation agreement with Alibaba 1688 in Hangzhou. According to the agreement, Guizhou Zhonghang will use the 1688 enterprise procurement self-operated mall as the primary online procurement channel, focusing on professional sources in the MRO (industrial supplies that are not production materials) sector. Jiang Yan, the deputy general manager of Guizhou Zhonghang, stated the hope to jointly build a centralized procurement and sourcing platform for the aviation industry with 1688 to improve procurement efficiency, reduce procurement costs, and at the same time promote transparency and compliance in the enterprise procurement process.
Ministry of Commerce: From January to November, the national online retail sales reached 14 trillion yuan, a year-on-year increase of 7.4%.
The head of the Department of E-Commerce of the Ministry of Commerce introduced the development situation of E-Commerce in China from January to November 2024.
Hong Kong stocks volatility | Alibaba-W (09988) fell over 4% in the morning as WeChat e-commerce welcomes significant catalysts. The competitive landscape in the Industry suppresses the valuations of e-commerce platforms.
Alibaba-W (09988) dropped over 4% in the early session, as of the time of writing, it has fallen 3.5% to 80 Hong Kong dollars, with a trading volume of 5.208 billion Hong Kong dollars.
Here's Why Alibaba (BABA) Fell More Than Broader Market
Alibaba Options Spot-On: On December 19th, 307.81K Contracts Were Traded, With 3.1 Million Open Interest
Unusual Options Activity: EXE, ABNB and Others Attract Market Bets, EXE V/OI Ratio Reaches 162.2
Here's Why 2025 Could Be the Year of Redemption for Alibaba Stock
On December 18, Alibaba-W (09988.HK) spent 22.093 million US dollars to repurchase 2.068 million shares.
Gelonghui, December 19 │ Alibaba-W (09988.HK) announced that on December 18, it spent 22.093 million US dollars to repurchase 2.068 million shares.
Zhao Silver International: Remains Bullish on Internet Plus-Related platform economy, prefers MEITUAN-W and others.
CMB International released a research report stating that the preference for sub-sectors of the Internet Industry is local life services → advertising → games = value-added services → e-commerce → cloud → live streaming. The top picks are MEITUAN-W (03690), TENCENT (00700), Tencent Music (TME.US), and Alibaba (BABA.US). The report indicates that leading platform Internet companies continue to maintain business resilience, benefiting from ongoing cost-cutting and efficiency improvements, healthy profit growth, and stable shareholder returns. The current industry valuation is at a low point, highly defensive, and potential profit upward factors next year come from macro policy stimulation, overseas expansion opportunities, and progress in AI business.
[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.
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.
Alibaba Options Spot-On: On December 18th, 176.86K Contracts Were Traded, With 3.09 Million Open Interest
Trending Industry Today: Coinbase Leads Losses In Non-Fungible Tokens Stocks
MrBeast's New Game Show To Premiere On Amazon Prime Video Thursday: Why Billionaire David Tepper May Be Watching
Decoding Alibaba Gr Hldgs's Options Activity: What's the Big Picture?
Morgan Stanley Maintains Alibaba(BABA.US) With Hold Rating, Maintains Target Price $105
Alibaba-W (09988.HK) spent 9.991 million USD to repurchase 0.921 million shares on December 17.
Gelonghui, December 18 – Alibaba-W (09988.HK) announced that on December 17, it spent 9.991 million USD to repurchase 0.921 million shares.