BABA241220P95000
- 7.91
- -1.09-12.11%
Alibaba Newsroom
Alibaba to Divest Retail Store Chain Intime for $1bn
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.
Baidu (BIDU) Joins China's AI Standardization Committee to Lead AI Innovation
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.
[Brokerage Focus] BOCOM INTL maintains a Buy rating on Alibaba (09988) and expects that there may still be some adjustments in its Business in the future.
Jinwu Financial News | BOCOM INTL published a Research Report stating that Alibaba (09988) announced on December 17 that it would sell 100% of the equity of Intime to a purchasing consortium composed of Youngor Group and members of the Intime management team. The total proceeds from this sale amount to 7.4 billion yuan (approximately 1 billion USD), and it is expected that this sale will incur a loss of 9.3 billion yuan (approximately 1.3 billion USD). The bank indicated that this sale will have a one-time accounting loss impact on Alibaba's Earnings Reports, with a revenue impact of less than 1%. The company's Global Strategy transformation focuses on 1) e-commerce Taotian and B2B, with international e-commerce as the main core platform; 2) Alibaba Cloud as technology.
Express News | OpenAI Brings Its Most Powerful Model, o1, to Third-Party Developers
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.
Alibaba Options Spot-On: On December 17th, 212.32K Contracts Were Traded, With 3.08 Million Open Interest
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
Alibaba to Take $1.3B Loss on Department Store Sale
Hong Kong Stock Announcement | Alibaba-W: Plans to sell Silver, HeartSky Medical: ScienCrown's transcatheter implanted aortic valve system has obtained the medical instruments registration certificate.
GOLDLION HOLD (00533) received a premium of approximately 24.85% for privatization from Chairman Zeng Zhiming, resuming trading on December 18. IMMUNEONCO-B (01541): The Phase IB clinical trial for IMM0306 to treat optic neuritis spectrum disease has completed the first patient dosing.
Sector Update: Consumer Stocks Edge Higher Premarket Tuesday
Eight Overseas wallets have been integrated into WeChat Pay, allowing direct payment through WeChat scanning.
① WeChat Pay has added access for 8 Overseas Institutions wallets. ② WeChat Pay will also expand "outsourcing for internal use" to over 10 Overseas Institutions wallets in multiple countries and regions, including South Korea, Singapore, and Malaysia.
Alibaba Announces It Sold Its Stake in Intime, Seen as 'a Strategic Move'
Alibaba-W (09988.HK) spent 9.995 million dollars to repurchase 0.926 million shares on December 16.
On December 17, Glonghui announced that Alibaba - W (09988.HK) repurchased 926,000 shares at a cost of 9.995 million USD on December 16.
A new round of "slimming"? Alibaba sells Intime Department Store for 7.4 billion yuan, with frequent capital operations in the fourth quarter.
① Alibaba sold Intime Department Store for 7.4 billion yuan, why is the market paying so much attention? ② Since the fourth quarter, Alibaba-affiliated companies have frequently engaged in capital operations, which listed companies might be affected?
Stocks to Watch Tuesday: Alibaba, Coinbase, SoftBank, Super Micro -- WSJ
Alibaba Group to Sell Department Store Operator Intime; Expects $1.3 Billion Loss From Deal
In 2024, Hong Kong stocks: The Hang Seng Index reached a new high in nearly four years, and the net Inflow of southbound funds exceeded 700 billion.
① How does the overall trend of the Hong Kong stock market perform in 2024? ② What role does southbound capital play in the Hong Kong stock market in 2024? ③ What is the perspective of Institutions for 2025?