BABA241220P180000
- 106.07
- 0.000.00%
Alibaba Newsroom
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
Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.
Express News | Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products
Northbound trading direction | Northbound net purchases of 14.306 billion, domestic funds are re-adding positions in Hong Kong stock ETFs, aggressively buying Alibaba (09988) exceeding 1.7 billion.
On December 13th in the Hong Kong stock market, the northbound capital had a net purchase of 14.306 billion HKD, of which the SH->HK Connect had a net purchase of 9.36 billion HKD, and the SZ->HK Connect had a net purchase of 4.946 billion HKD.
[Brokerage Focus] CMB International points out the trend of revenue growth from AI application starting in 2025.
Jinwu Financial News | CEB International released the 2025 outlook for the Software & IT Services Industry. Against the backdrop of economic cycle dislocation, the stock price performance of the Software Sector in China and the United States is expected to show a divergent trend in 2024. However, the investment volume related to AI, its short-term impact on profits, and the potential outlook for monetization are common points of concern for both markets. Looking ahead to 2025, the bank believes that the investment theme related to AI will continue its benefit transmission path from chips to public cloud to infrastructure software and then to Application software from a fundamental perspective. The Infrastructure Cloud Sector is focusing on the trend of increasing cloud business growth as supply constraints gradually ease and AI-related investment.
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
Alibaba (BABA) Increases Despite Market Slip: Here's What You Need to Know
Unusual Options Activity: BABA, CMA and Others Attract Market Bets, BABA V/OI Ratio Reaches 764.7
Alibaba Options Spot-On: On December 12th, 213.57K Contracts Were Traded, With 3.09 Million Open Interest
9 Consumer Discretionary Stocks With Whale Alerts In Today's Session
China to Lift Fiscal Spending to Boost Economy
On December 11, Alibaba-W (09988.HK) spent 9.9952 million USD to repurchase 0.904 million shares.
Gelonghui, December 12丨Alibaba-W (09988.HK) announced that on December 11, 2024, it spent 9.9952 million USD to repurchase 0.904 million shares.
Overnight U.S. stocks | The Nasdaq broke 0.02 million points, setting a historical high, and Musk became the first person in the world with a net worth exceeding 400 billion.
As of the close, the Dow Jones Industrial Average fell 99.27 points, a decrease of 0.22%, closing at 44,148.56 points; the Nasdaq rose 347.65 points, an increase of 1.77%, closing at 20,034.89 points; the S&P 500 Index rose 49.28 points, an increase of 0.82%, closing at 6,084.19 points.
Alibaba Options Spot-On: On December 11th, 162.43K Contracts Were Traded, With 3.04 Million Open Interest
Shares of US-listed Chinese Stocks Are Trading Lower, Possibly Continuing to Fall Following Weak Import Data.
China Central Economic Work Conference: A Key Indicator for Future Market Trends